216 Cove StEverettPA15537
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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 Everett at 216 Cove St, Everett, PA, 15537 offers a 4.68% rental yield on a $315,000 purchase with $1,228/mo rent. 3% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 51.79% and total cumulative return in cash at $54,077. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,228/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
8.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15537, Everett, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,942 (100%) |
| Owner Occupied HU | 2,479 (62.9%) |
| Renter Occupied HU | 880 (22.3%) |
| Vacant Housing Units | 583 (14.8%) |
| Median Home Value | $213,478 |
| Average Home Value | $248,709 |
Housing Distribution
Address Breakdown
Residential
3,455
Single Family
3,308
Multi-Family
147
Businesses
283
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Listed by: Connie LePrevost • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PABD2002876