12 Cobblestone DrEastonPA18045
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 12 Cobblestone Dr, Easton, PA, 18045 in Easton at $407,900 earns $3,013/mo in rent and nets $150/mo after the $1,834/mo payment, a 8.86% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $112,695 over five years. Ziffy Mortgage underwrites this on a 1.64 DSCR without U.S. credit history. With $3,757/yr in principal paydown, total projected return reaches $177,228.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $150 | $450 |
City averages based on Easton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,013 |
| Total Monthly Debt Service | $2,511 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2005
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18045, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 10,578 (78.6%) |
| Renter Occupied HU | 2,460 (18.3%) |
| Vacant Housing Units | 414 ( 3.1%) |
| Median Home Value | $370,344 |
| Average Home Value | $419,077 |
Housing Distribution
Address Breakdown
Residential
12,945
Single Family
12,747
Multi-Family
198
Businesses
770
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
Townhouse
Built in 2005
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18045, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 10,578 (78.6%) |
| Renter Occupied HU | 2,460 (18.3%) |
| Vacant Housing Units | 414 ( 3.1%) |
| Median Home Value | $370,344 |
| Average Home Value | $419,077 |
Housing Distribution
Address Breakdown
Residential
12,945
Single Family
12,747
Multi-Family
198
Businesses
770
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin Nelson-Peck • Tuskes Realty
Mls Name: GLVR
Mls ID: #770938