45 Carroll StReadingPA19611
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 45 Carroll St, Reading, PA, 19611 earns $248/mo cash flow from $2,050/mo rent with a $1,346/mo payment. Total monthly income totals $2,050/mo, and annual cash flow totals $2,976/yr on $91,163 capital. ROI tracks 23.17% on current figures, and rental yield reads 8.95% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 120.81% and total cumulative return in cash sums $110,135. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,050/mo property income instead of your personal income.
Townhouse
Built in 1925
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ron Samsel • United Real Estate Strive 212
Mls Name: Bright MLS
Mls ID: #PABK2067248