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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Reading at 464 Spring Garden St, Reading, PA, 19602 uses $44,719 cash to close to unlock $7,395/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $660/mo payment keeps the spread at $616/mo. Purchase price stands at $134,900, and rental yield measures 13.34% with $1,500/mo rent. Return on cash invested shows 36.45% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 192.06% and total cumulative return in cash records $85,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $660/mo payment rather than investor’s personal income.
Townhouse
Built in 1900
435 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19602, Reading, PA area.
| 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 |
Residential
6,982
Single Family
4,996
Multi-Family
1,986
Businesses
384
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jesus De La Mora • Realty One Group Alliance
Mls Name: Bright MLS
Mls ID: #PABK2062846
