Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 1282 Fredrick Blvd, Reading, PA, 19605 generates $1,964/mo in rent and, after a $1,174/mo payment, leaves $392/mo in cash flow. Total monthly income is $1,964/mo, and annual cash flow is $4,706/yr on $79,527 invested. Return on cash invested sits at 25.83% in year one, and rental yield is 9.82% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 135.12% and total cumulative return in cash sums $107,455. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,964/mo property income rather than buyer’s personal income.
Townhouse
Built in 1998
871 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: Townhouse
- Year Built: 1998
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Assigned, Parking Lot
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 871 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Ron Rhodes • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PABK2065080