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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 547 Summer Ave, Reading, MA, 01867 offers a 6.18% rental yield on a $849,900 purchase with $4,380/mo rent. 87% in year one. Equity gained on principal adds $5,484/yr while 5% annual appreciation supports $234,812 over five years. Portfolio math shows five-year ROI at 81.3% and total cumulative return in cash at $227,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,380/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01867, Reading, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,228 (100%) |
| Owner Occupied HU | 7,900 (77.2%) |
| Renter Occupied HU | 1,853 (18.1%) |
| Vacant Housing Units | 475 ( 4.6%) |
| Median Home Value | $826,500 |
| Average Home Value | $871,673 |
Residential
9,969
Single Family
8,063
Multi-Family
1,906
Businesses
726
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $849,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $8836.00 | 3.26% | $753,900 | 10.92% |
| 2023-04-08 | $8557.00 | 3.88% | $679,700 | 10.00% |
| 2022-04-08 | $8237.00 | -0.42% | $617,900 | 3.16% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
