700 Belmont AveLaureldalePA19605
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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 Laureldale at 700 Belmont Ave, Laureldale, PA, 19605 offers $2,540/mo rent that, after a $1,468/mo payment, leaves $575/mo cash flow. Total monthly income is $2,540/mo, and annual cash flow is $6,896/yr on $99,417 cash. Return on cash invested measures 26.85% in year one, and rental yield stands at 10.16% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 140.53% and total cumulative return in cash reaches $139,708. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,540/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19605, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,856 (100%) |
| Owner Occupied HU | 7,009 (79.1%) |
| Renter Occupied HU | 1,489 (16.8%) |
| Vacant Housing Units | 358 ( 4.0%) |
| Median Home Value | $270,423 |
| Average Home Value | $335,208 |
Housing Distribution
Address Breakdown
Residential
8,259
Single Family
8,072
Multi-Family
187
Businesses
711
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Listed by: Pam Pfennig • BHHS Homesale Realty- Reading Berks
Mls Name: Bright MLS
Mls ID: #PABK2062934