531 Franklin StWest ReadingPA19611
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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
Rental property for sale in West Reading at 531 Franklin St, West Reading, PA, 19611 priced at $197,500 converts $2,160/mo rent into $865/mo cash flow after a $967/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $10,386/yr on $65,471 invested. Return on cash invested prints 35.77% in year one, and rental yield reads 13.12% against a $197,500 entry. Equity gained on principal adds $1,274/yr, while 5% annual appreciation compiles into $54,566 by year five. Five-year ROI reaches 188.44% and total cumulative return in cash sums $123,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $967/mo payment, not borrower’s personal income.
Townhouse
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19611, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,441 (100%) |
| Owner Occupied HU | 2,107 (47.4%) |
| Renter Occupied HU | 2,169 (48.8%) |
| Vacant Housing Units | 165 ( 3.7%) |
| Median Home Value | $173,080 |
| Average Home Value | $204,439 |
Housing Distribution
Address Breakdown
Residential
4,291
Single Family
3,774
Multi-Family
517
Businesses
423
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Listed by: Mike Klonis • Century 21 Gold
Mls Name: Bright MLS
Mls ID: #PABK2057728