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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 7 Fairway Rd, Reading, PA, 19607 priced at $169,900 pairs $1,297/mo rent with $183/mo cash flow after a $832/mo payment. Total monthly income equals $1,297/mo, and annual cash flow comes to $2,199/yr on $56,322 invested. Return on cash invested is 23.81% in year one, and rental yield stands at 9.16% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 124.3% and total cumulative return in cash reaches $70,010. For financing, Ziffy Mortgage’s DSCR program evaluates $1,297/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19607, Reading, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,205 (100%) |
| Owner Occupied HU | 6,911 (67.7%) |
| Renter Occupied HU | 2,855 (28.0%) |
| Vacant Housing Units | 439 ( 4.3%) |
| Median Home Value | $248,800 |
| Average Home Value | $311,380 |
Residential
9,824
Single Family
8,129
Multi-Family
1,695
Businesses
611
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: Samuel Padovani • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2065666
