502 W Lawn AveWest LawnPA19609
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
Rental property for sale in West Lawn at 502 W Lawn Ave, West Lawn, PA, 19609 offers $2,247/mo rent that, after a $1,566/mo payment, leaves $151/mo cash flow. Total monthly income is $2,247/mo, and annual cash flow is $1,806/yr on $106,047 cash. Return on cash invested measures 21.61% in year one, and rental yield stands at 8.43% at a $319,900 entry. Equity gained on principal adds $2,064/yr while 5% annual appreciation compounds into $88,382 by year five. Five-year ROI records 112.46% and total cumulative return in cash reaches $119,264. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,247/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19609, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 3,385 (74.8%) |
| Renter Occupied HU | 850 (18.8%) |
| Vacant Housing Units | 288 ( 6.4%) |
| Median Home Value | $228,138 |
| Average Home Value | $288,112 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,139
Multi-Family
140
Businesses
207
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Listed by: Peter Gustis • Springer Realty Group
Mls Name: Bright MLS
Mls ID: #PABK2061038