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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Reading, PA
Listed for sale 5 days ago
$ 199,000
ROI
20.3
Cash Flow/m
30- 2 Bed
- 1 Bath
- 1286 sft
46 Muirfield Dr, Reading, PA, 19607
$ 209,900
ROI
25.2Cash Flow/m
316- 2 Bed
- 2 Bath
- 1317 sft
92 Christine Dr, Reading, PA, 19606
$ 167,500
ROI
20.5Cash Flow/m
35- 2 Bed
- 2 Bath
- 1161 sft
52-2 Holly Dr, Reading, PA, 19606
$ 174,900
ROI
33.6Cash Flow/m
676- 2 Bed
- 2 Bath
- 1176 sft
118 Gretchen Dr, Reading, PA, 19607
Why Invest in Reading, Pennsylvania?
Condos in Reading, PA offer strong investment potential with affordable entry points and solid rental demand. Average home values around $255,000 have seen 5.7% appreciation recently, supporting steady equity growth. Cap rates near 7.5% and low 4.3% vacancy rates make them attractive for cash flow. Proximity to Philadelphia job markets enhances tenant stability. Rental growth of 2.1% signals reliable income streams for investors.
8.5%
Avg. ROI
6.8%
Rental Yield
7.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
5.7%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer high cap rates around 7.5% and low vacancy at 4.3%. Affordable purchase prices under $255,000 combined with rental growth make them ideal for cash flow. Proximity to jobs enhances tenant demand.
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