417 N 2nd StReadingPA19601
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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 Reading at 417 N 2nd St, Reading, PA, 19601 uses $49,394 cash to close to unlock $2,099/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $1,151/mo, and a $729/mo payment keeps the spread at $175/mo. Purchase price stands at $149,000, and rental yield measures 9.27% with $1,151/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 126.1% and total cumulative return in cash records $62,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,151/mo property income covering a $729/mo payment rather than investor’s personal income.
Townhouse
Built in 1900
435 sqft lot
$N/A/sqft
No HOA
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Listed by: Gary Lando • BHHS Homesale Realty- Reading Berks
Mls Name: Bright MLS
Mls ID: #PABK2067442