109 Union Mill RdCovington TownshipPA18444
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 Covington Township at 109 Union Mill Rd, Covington Township, PA, 18444 uses $48,068 cash to close to unlock $324/yr annual cash flow and $27/mo monthly cash flow. Total monthly income runs $1,113/mo, and a $710/mo payment keeps the spread at $27/mo. Purchase price stands at $145,000, and rental yield measures 9.21% with $1,113/mo rent. Return on cash invested shows 20.58% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 108.14% and total cumulative return in cash records $51,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,113/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18444, Moscow, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,829 (100%) |
| Owner Occupied HU | 4,524 (77.6%) |
| Renter Occupied HU | 859 (14.7%) |
| Vacant Housing Units | 446 ( 7.7%) |
| Median Home Value | $327,273 |
| Average Home Value | $394,560 |
Housing Distribution
Address Breakdown
Residential
5,405
Single Family
5,289
Multi-Family
116
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Skillman, Associate Broker • Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg
Mls Name: PMAR
Mls ID: #PM-132632