762 N 6th StReadingPA19601
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 762 N 6th St, Reading, PA, 19601 in Reading deserves attention. This $159,900 property earns $1,590/mo in rent, a 11.93% gross yield, and nets $542/mo after the $719/mo payment. DSCR 2.21 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $44,177 compounds alongside $1,473/yr in yearly equity build, for a total cumulative return of $95,791.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.2% |
| Monthly Cash Flow | $542 | $450 |
City averages based on Reading market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,590 |
| Total Monthly Debt Service | $984 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1899
1,365 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1899
1,365 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mr. Gary Kubovcsak • Assist-2-Sell Keystone Realty
Mls Name: Bright MLS
Mls ID: #PABK2067938