520 N 12th StReadingPA19604
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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 520 N 12th St, Reading, PA, 19604 offers a 11.85% rental yield on a $209,999 purchase with $2,074/mo rent. Total monthly income registers $2,074/mo, and a $1,028/mo payment leaves $698/mo available for distribution. Annual cash flow reaches $8,373/yr on $69,615 to close, and return on cash invested stands at 31.94% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 167.83% and total cumulative return in cash at $116,835. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,074/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1900
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19604, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,028 (100%) |
| Owner Occupied HU | 4,658 (46.4%) |
| Renter Occupied HU | 4,695 (46.8%) |
| Vacant Housing Units | 675 ( 6.7%) |
| Median Home Value | $117,611 |
| Average Home Value | $181,341 |
Housing Distribution
Address Breakdown
Residential
8,821
Single Family
8,006
Multi-Family
815
Businesses
378
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Listed by: LISA REYES • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PABK2061242