5 Washington St APT A5ReadingMA01867
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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 5 Washington St APT A5, Reading, MA, 01867 earns $442/mo cash flow from $2,459/mo rent with a $1,566/mo payment. Total monthly income totals $2,459/mo, and annual cash flow totals $5,310/yr on $106,047 capital. ROI tracks 24.92% on current figures, and rental yield reads 9.22% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 129.86% and total cumulative return in cash sums $137,708. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,459/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01867, Reading, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,228 (100%) |
| Owner Occupied HU | 7,900 (77.2%) |
| Renter Occupied HU | 1,853 (18.1%) |
| Vacant Housing Units | 475 ( 4.6%) |
| Median Home Value | $826,500 |
| Average Home Value | $871,673 |
Housing Distribution
Address Breakdown
Residential
9,969
Single Family
8,063
Multi-Family
1,906
Businesses
726
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Listed by: Jan Triglione Team • Premier Realty Group, Inc.
Mls Name: MLS PIN
Mls ID: #73471026