42 Maple StReadingPA19602
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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 42 Maple St, Reading, PA, 19602 with 5% annual appreciation on a $149,900 basis while $1,179/mo rent supports operations. Total monthly income totals $1,179/mo and a $734/mo payment preserves $196/mo for cash returns. Annual cash flow comes to $2,357/yr on $49,692 deployed, and return on cash invested reaches 24.65% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.44%. Five-year ROI measures 128.81% and total cumulative return in cash totals $64,007.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,179/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1900
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19602, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,480 (100%) |
| Owner Occupied HU | 2,277 (26.9%) |
| Renter Occupied HU | 5,139 (60.6%) |
| Vacant Housing Units | 1,064 (12.5%) |
| Median Home Value | $80,336 |
| Average Home Value | $137,463 |
Housing Distribution
Address Breakdown
Residential
6,982
Single Family
4,996
Multi-Family
1,986
Businesses
384
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Listed by: Juan Cortes-Carreno • BHHS Homesale Realty- Reading Berks
Mls Name: Bright MLS
Mls ID: #PABK2064624