394 Pine StWest ReadingPA19611
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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
Investment Highlights
Investment property for sale in West Reading at 394 Pine St, West Reading, PA, 19611 offers a 11.24% rental yield on a $287,500 purchase with $2,692/mo rent. Total monthly income registers $2,692/mo, and a $1,407/mo payment leaves $808/mo available for distribution. Annual cash flow reaches $9,699/yr on $95,306 to close, and return on cash invested stands at 30.09% in year one. Equity gained on principal adds $1,855/yr while 5% annual appreciation supports $79,431 over five years. Portfolio math shows five-year ROI at 157.93% and total cumulative return in cash at $150,515. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,692/mo property income against a $1,407/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1926
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19611, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,441 (100%) |
| Owner Occupied HU | 2,107 (47.4%) |
| Renter Occupied HU | 2,169 (48.8%) |
| Vacant Housing Units | 165 ( 3.7%) |
| Median Home Value | $173,080 |
| Average Home Value | $204,439 |
Housing Distribution
Address Breakdown
Residential
4,291
Single Family
3,774
Multi-Family
517
Businesses
423
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Listed by: Chad Schlanger • United Real Estate Strive 212
Mls Name: Bright MLS
Mls ID: #PABK2062888