662 Spruce StPottstownPA19464
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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 Pottstown at 662 Spruce St, Pottstown, PA, 19464 generates $1,167/mo in rent and, after a $733/mo payment, leaves $186/mo in cash flow. Total monthly income is $1,167/mo, and annual cash flow is $2,227/yr on $49,651 invested. Return on cash invested sits at 24.4% in year one, and rental yield is 9.35% on a $149,777 entry. Equity gained on principal adds $966/yr, while 5% annual appreciation builds toward $41,381 over five years. Five-year ROI reaches 127.41% and total cumulative return in cash sums $63,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,167/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19464, Pottstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,264 (100%) |
| Owner Occupied HU | 13,243 (62.3%) |
| Renter Occupied HU | 6,671 (31.4%) |
| Vacant Housing Units | 1,350 ( 6.3%) |
| Median Home Value | $315,178 |
| Average Home Value | $369,942 |
Housing Distribution
Address Breakdown
Residential
20,087
Single Family
18,515
Multi-Family
1,572
Businesses
1,604
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Listed by: Jeroen Harmsen • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PAMC2161412