53 N Hull StSinking SpringPA19608
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 Sinking Spring at 53 N Hull St, Sinking Spring, PA, 19608 offers $1,427/mo rent that, after a $881/mo payment, leaves $248/mo cash flow. Total monthly income is $1,427/mo, and annual cash flow is $2,970/yr on $59,670 cash. Return on cash invested measures 24.89% in year one, and rental yield stands at 9.51% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 130.06% and total cumulative return in cash reaches $77,609. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,427/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19608, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,774 (100%) |
| Owner Occupied HU | 7,474 (76.5%) |
| Renter Occupied HU | 2,050 (21.0%) |
| Vacant Housing Units | 250 ( 2.6%) |
| Median Home Value | $364,596 |
| Average Home Value | $415,396 |
Housing Distribution
Address Breakdown
Residential
9,058
Single Family
8,963
Multi-Family
95
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rochelle Owens • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #PABK2063248