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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Reading at 770 Mimosa Ln, Reading, PA, 19606 earns $283/mo cash flow from $2,772/mo rent with a $1,859/mo payment. Total monthly income totals $2,772/mo, and annual cash flow totals $3,396/yr on $125,937 capital. ROI tracks 22.61% on current figures, and rental yield reads 8.76% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 117.76% and total cumulative return in cash sums $148,301. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,772/mo property income instead of your personal income.
Single Family
Built in 1982
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19606, Reading, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,673 (100%) |
| Owner Occupied HU | 11,127 (75.8%) |
| Renter Occupied HU | 2,972 (20.3%) |
| Vacant Housing Units | 574 ( 3.9%) |
| Median Home Value | $290,366 |
| Average Home Value | $311,369 |
Residential
13,932
Single Family
13,150
Multi-Family
782
Businesses
612
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sofia Hernandez Cruz • Keller Williams Platinum Realty - Wyomissing
Mls Name: Bright MLS
Mls ID: #PABK2065540
