748 N 11th StReadingPA19604
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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 748 N 11th St, Reading, PA, 19604 listed at $175,000 pairs $1,383/mo rent with a $857/mo payment to leave $236/mo cash flow. Total monthly income runs $1,383/mo, and annual cash flow reaches $2,829/yr on $58,013 cash to close. Return on cash invested measures 24.79% in year one, and rental yield registers 9.48% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 129.48% and total cumulative return in cash totals $75,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,383/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1890
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19604, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,028 (100%) |
| Owner Occupied HU | 4,658 (46.4%) |
| Renter Occupied HU | 4,695 (46.8%) |
| Vacant Housing Units | 675 ( 6.7%) |
| Median Home Value | $117,611 |
| Average Home Value | $181,341 |
Housing Distribution
Address Breakdown
Residential
8,821
Single Family
8,006
Multi-Family
815
Businesses
378
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Listed by: Karen Malec • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2062214