865 Delta AveReadingPA19605
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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
Investment Highlights
Rental property for sale in Reading at 865 Delta Ave, Reading, PA, 19605 priced at $199,900 pairs $1,913/mo rent with $604/mo cash flow after a $978/mo payment. Total monthly income equals $1,913/mo, and annual cash flow comes to $7,242/yr on $66,267 invested. Return on cash invested is 30.84% in year one, and rental yield stands at 11.48% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 161.95% and total cumulative return in cash reaches $107,317. For financing, Ziffy Mortgage’s DSCR program evaluates $1,913/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1928
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19605, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,856 (100%) |
| Owner Occupied HU | 7,009 (79.1%) |
| Renter Occupied HU | 1,489 (16.8%) |
| Vacant Housing Units | 358 ( 4.0%) |
| Median Home Value | $270,423 |
| Average Home Value | $335,208 |
Housing Distribution
Address Breakdown
Residential
8,259
Single Family
8,072
Multi-Family
187
Businesses
711
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Listed by: Lourdes Gonzalez-Nieves • JM Diamond Realty
Mls Name: Bright MLS
Mls ID: #PABK2067374