740 Mohns Hill RdSinking SpringPA19608
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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
Total monthly income runs $1,733/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 8.32% with $1,733/mo rent. Return on cash invested shows 17.51% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 91.86% and total cumulative return in cash records $76,126. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,733/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1877
6.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19608, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,774 (100%) |
| Owner Occupied HU | 7,474 (76.5%) |
| Renter Occupied HU | 2,050 (21.0%) |
| Vacant Housing Units | 250 ( 2.6%) |
| Median Home Value | $364,596 |
| Average Home Value | $415,396 |
Housing Distribution
Address Breakdown
Residential
9,058
Single Family
8,963
Multi-Family
95
Businesses
475
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Listed by: Max Spann, Jr. • Max Spann Real Estate and Auction Co.
Mls Name: NY State MLS
Mls ID: #11505938