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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% |
Rental property for sale in Reading at 642 W Gordon St, Reading, PA, 19601 generates $1,198/mo in rent and, after a $734/mo payment, leaves $215/mo in cash flow. Total monthly income is $1,198/mo, and annual cash flow is $2,585/yr on $49,692 invested. Return on cash invested sits at 25.11% in year one, and rental yield is 9.59% on a $149,901 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 131.27% and total cumulative return in cash sums $65,231. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,198/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2,178 sqft lot
$N/A/sqft
No HOA
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: Lydia Torres • Realty One Group Alliance
Mls Name: Bright MLS
Mls ID: #PABK2064126
