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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 437 Jefferson St, Reading, PA, 19605 with 5% annual appreciation on a $310,000 basis while $1,971/mo rent supports operations. 21% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 7.63%. Five-year ROI measures 99.54% and total cumulative return in cash totals $102,295. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,971/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1935
4,791 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: SingleFamily
- Year Built: 1935
- 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: Storage, Garage Faces Front, Inside Entrance, Private, Detached, Off Street, Driveway
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 4,791 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: Carolyn Ilg • BHHS Homesale Realty- Reading Berks
Mls Name: Bright MLS
Mls ID: #PABK2065166