823 Fritz Ave, Reading, PA, 19607 | $768/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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823 Fritz Ave, Reading, PA, 19607 | $768/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

Rental property for sale in Reading at 823 Fritz Ave, Reading, PA, 19607 priced at $239,900 pairs $2,340/mo rent with $768/mo cash flow after a $1,174/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $9,218/yr on $79,527 invested. Return on cash invested is 31.5% in year one, and rental yield stands at 11.7% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 165.52% and total cumulative return in cash reaches $131,635. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1925

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Looking for a single home in a quiet neighborhood that fits your monthly budget? Then check out this move-in-ready home just off New Holland Road and Philadelphia Ave. Set on a low-traffic street with off-street parking and a flat yard, you will love being home. Step inside to enjoy a spacious living room accented by built-ins and a beautiful wood center beam. Kitchen is connected to the living room through a picture window so you can stay connected and pass out the snacks for the big game or your favorite movie on the big screen. Dining room offers flexibility for game nights or working from home. Kitchen includes plenty of room along with appliances to help get you started. First floor laundry room just off the kitchen with washer and dryer included makes laundry a breeze. Backyard patio accessible from the living and laundry rooms is a great place to hang out. Plenty of room here for your picnic table and grill. The upper level includes 3 bedrooms; one is a walk-through, which could be a great office or nursery. Primary Bedroom is huge with a sitting area and walk-in closet. Walk up attic gives you extra storage space and room to expand. Mini split system heats and cools most of the home. Natural gas is available in the street per UGI. Be home before the holidays!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19607, Reading, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,205 (100%)
Owner Occupied HU	6,911 (67.7%)
Renter Occupied HU	2,855 (28.0%)
Vacant Housing Units	439 ( 4.3%)
Median Home Value	$248,800
Average Home Value	$311,380