38 Cranberry Rdg #1, Reading, PA, 19606 | $211/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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38 Cranberry Rdg #1, Reading, PA, 19606 | $211/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Reading at 38 Cranberry Rdg #1, Reading, PA, 19606 listed at $269,900 pairs $1,980/mo rent with a $1,321/mo payment to leave $211/mo cash flow. Total monthly income runs $1,980/mo, and annual cash flow reaches $2,537/yr on $89,472 cash to close. Return on cash invested measures 22.74% in year one, and rental yield registers 8.8% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 118.54% and total cumulative return in cash totals $106,062. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1991

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to easy living in the highly sought-after Laurel Springs community! This beautifully maintained end-unit townhome offers the perfect blend of comfort, style, and convenience with no lawn mowing required! Enjoy the spacious three-bedroom layout, featuring an inviting open-concept living room and formal dining area, ideal for both everyday living and entertaining. Step into the updated kitchen with sleek stainless steel appliances (all included!) and plenty of counter space for your culinary adventures. Just off the kitchen, the large private deck offers a perfect setting for outdoor gatherings or peaceful morning coffee. Downstairs, youll find a fully finished basement, ideal for a home office, gym, media room, or additional living space. This home also boasts a brand new roof, offering peace of mind for years to come. Enjoy community amenities including a sparkling pool, beautifully maintained grounds, and a low-maintenance lifestyle in one of the areas most desirable neighborhoods. Dont miss your opportunity to call this Laurel Springs gem your new home! Open house: Sunday, August 3rd, 3:00-5:00

Neighborhood Data

Neighborhood data shown for ZIP Code: 19606, Reading, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,673 (100%)
Owner Occupied HU	11,127 (75.8%)
Renter Occupied HU	2,972 (20.3%)
Vacant Housing Units	574 ( 3.9%)
Median Home Value	$290,366
Average Home Value	$311,369