40 Tanglewood DrReadingPA19607
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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
Rental property for sale in Reading at 40 Tanglewood Dr, Reading, PA, 19607 priced at $225,000 converts $1,622/mo rent into $148/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,622/mo, and annual cash flow totals $1,774/yr on $74,588 invested. Return on cash invested prints 22.29% in year one, and rental yield reads 8.65% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 116.07% and total cumulative return in cash sums $86,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,622/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19607, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,205 (100%) |
| Owner Occupied HU | 6,911 (67.7%) |
| Renter Occupied HU | 2,855 (28.0%) |
| Vacant Housing Units | 439 ( 4.3%) |
| Median Home Value | $248,800 |
| Average Home Value | $311,380 |
Housing Distribution
Address Breakdown
Residential
9,824
Single Family
8,129
Multi-Family
1,695
Businesses
611
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Listed by: Karen Malec • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2067364