426 Park AveReadingPA19611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 426 Park Ave, Reading, PA, 19611 at $179,900 posts ROI 24.63% with $235/mo cash flow from $1,414/mo rent. Total monthly income equals $1,414/mo, and annual cash flow records $2,816/yr on $59,637 to close. Return on cash invested measures 24.63% and rental yield reads 9.43% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 128.67% and total cumulative return in cash totals $76,737.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,414/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1906
4,356 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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Nearby investment properties with comparable prices
Listed by: Tina Hanulec • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2060030