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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 525 Bingaman St, Reading, PA, 19602 offers a 9.06% rental yield on a $144,900 purchase with $1,094/mo rent. Total monthly income registers $1,094/mo, and a $709/mo payment leaves $145/mo available for distribution. Annual cash flow reaches $1,736/yr on $48,034 to close, and return on cash invested stands at 23.52% in year one. Equity gained on principal adds $935/yr while 5% annual appreciation supports $40,033 over five years. Portfolio math shows five-year ROI at 122.71% and total cumulative return in cash at $58,945. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,094/mo property income against a $709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1900
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: Mr. Anthony Borelli • Century 21 Gold
Mls Name: Bright MLS
Mls ID: #PABK2064444
