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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 508 S 11th St, Reading, PA, 19602 earns $157/mo cash flow from $943/mo rent with a $587/mo payment. Total monthly income totals $943/mo, and annual cash flow totals $1,884/yr on $39,780 capital. ROI tracks 24.65% on current figures, and rental yield reads 9.43% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 128.71% and total cumulative return in cash sums $51,199. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $943/mo property income instead of your personal income.
Townhouse
Built in 1890
871 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: Jose Candelaria • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2066358
