715 Tamarack TrlReadingPA19607
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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
Investment property for sale in Reading at 715 Tamarack Trl, Reading, PA, 19607 uses $101,406 cash to close to unlock $3,189/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $2,270/mo, and a $1,497/mo payment keeps the spread at $266/mo. Purchase price stands at $305,900, and rental yield measures 8.9% with $2,270/mo rent. Return on cash invested shows 23.05% in year one, and 5% annual appreciation builds toward $84,515 over five years. Five-year ROI reaches 120.19% and total cumulative return in cash records $121,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,270/mo property income covering a $1,497/mo payment rather than investor’s personal income.
Single Family
Built in 1978
9,147 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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Listed by: Jane Martin • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PABK2065946