749 Summit Chase Dr, Reading, PA, 19611 | $615/mo Cash Flow

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749 Summit Chase Dr, Reading, PA, 19611 | $615/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Reading at 749 Summit Chase Dr, Reading, PA, 19611 with 5% annual appreciation on a $210,000 basis while $1,991/mo rent supports operations. Total monthly income totals $1,991/mo and a $1,028/mo payment preserves $615/mo for cash returns. Annual cash flow comes to $7,377/yr on $69,615 deployed, and return on cash invested reaches 30.51% in year one. Equity gained on principal adds $1,355/yr, and five-year appreciation sums $58,019 alongside rental yield of 11.38%. Five-year ROI measures 160.16% and total cumulative return in cash totals $111,496.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,991/mo property income versus a $1,028/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Townhouse

Built in 1973

3,920 sqft lot

$N/A/sqft

No HOA

More details about the property

Amazing Fully Furnished in great condition 3 bedroom 1 1/2 bath Townhome only 2 blocks from Reading Museum and West Reading Pool and Playground. Berks Catholic right up the street. Fenced in parking in your paved front yard. Beautiful wood decked patio outback completely fenced in with privacy stockade fencing. Kitchen with all newer stainless steel appliances and washer/dryer upstairs in full bathroom. Cherry hardwood floors in living room, dining room, and primary bedroom. Tile floors in kitchen , foyer, and bathrooms. Economical gas heat and central air. Immediate possession and a one year home warranty at full price!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19611, Reading, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,441 (100%)
Owner Occupied HU	2,107 (47.4%)
Renter Occupied HU	2,169 (48.8%)
Vacant Housing Units	165 ( 3.7%)
Median Home Value	$173,080
Average Home Value	$204,439