2376 Cook DrEastonPA18045
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Easton rental at 2376 Cook Dr, Easton, PA, 18045 sits in the solid-income band: 8.53% gross yield, $3,445/mo rent, $268/mo net after the $2,180/mo debt service, DSCR 1.58. Entry price of $484,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $133,969 and $4,466/yr in principal reduction bring total cumulative return to $201,877.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $268 | $450 |
City averages based on Easton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,445 |
| Total Monthly Debt Service | $2,985 |
| DSCR Ratio | 1.15x |
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 2019
2,744 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 2019
2,744 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: Christopher Lawlor • Coldwell Banker Hearthside
Mls Name: GLVR
Mls ID: #765620