702 N Waverly StShillingtonPA19607
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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 Shillington at 702 N Waverly St, Shillington, PA, 19607 offers $2,351/mo rent that, after a $1,517/mo payment, leaves $320/mo cash flow. Total monthly income is $2,351/mo, and annual cash flow is $3,841/yr on $102,732 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 9.1% at a $309,900 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,620 by year five. Five-year ROI records 123.41% and total cumulative return in cash reaches $126,780. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,351/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19607, Reading, PA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,824
Single Family
8,129
Multi-Family
1,695
Businesses
611
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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