842 N 12th StReadingPA19604
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
Investment Highlights
Investment property for sale in Reading at 842 N 12th St, Reading, PA, 19604 earns $473/mo cash flow from $1,782/mo rent with a $978/mo payment. Total monthly income totals $1,782/mo, and annual cash flow totals $5,670/yr on $66,267 capital. ROI tracks 28.47% on current figures, and rental yield reads 10.7% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 149.23% and total cumulative return in cash sums $98,893. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,782/mo property income instead of your personal income.
Townhouse
Built in 1910
1,306 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zylkia Rivera • Keller Williams Platinum Realty - Wyomissing
Mls Name: Bright MLS
Mls ID: #PABK2063566