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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 61 Grandview Blvd, Reading, PA, 19609 listed at $688,000 pairs $4,050/mo rent with a $3,367/mo payment. Total monthly income runs $4,050/mo. Return on cash invested measures 17.63% in year one, and rental yield registers 7.06% at a $688,000 basis. Equity gained on principal adds $4,440/yr, and annual property appreciation at 5% supports $190,082 by year five. Five-year ROI tracks 91.09% and total cumulative return in cash totals $206,188. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,050/mo property income relative to a $3,367/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19609, Reading, PA area.
| 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 |
Residential
4,279
Single Family
4,139
Multi-Family
140
Businesses
207
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. Ming Huang • United Real Estate Strive 212
Mls Name: Bright MLS
Mls ID: #PABK2059870
