609 W Lawn AveWest LawnPA19609
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 West Lawn at 609 W Lawn Ave, West Lawn, PA, 19609 priced at $210,000 pairs $1,602/mo rent with $226/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,602/mo, and annual cash flow comes to $2,709/yr on $69,615 invested. Return on cash invested is 23.8% in year one, and rental yield stands at 9.15% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 124.19% and total cumulative return in cash reaches $86,452. For financing, Ziffy Mortgage’s DSCR program evaluates $1,602/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19609, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 3,385 (74.8%) |
| Renter Occupied HU | 850 (18.8%) |
| Vacant Housing Units | 288 ( 6.4%) |
| Median Home Value | $228,138 |
| Average Home Value | $288,112 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,139
Multi-Family
140
Businesses
207
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Listed by: Edward Stauffer • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2065950