245 Dorantown RdCovington TownshipPA18444
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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 Covington Township at 245 Dorantown Rd, Covington Township, PA, 18444 earns $59/mo cash flow from $2,018/mo rent with a $1,463/mo payment. Total monthly income totals $2,018/mo, and annual cash flow totals $710/yr on $99,119 capital. ROI tracks 20.63% on current figures, and rental yield reads 8.1% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 107.2% and total cumulative return in cash sums $106,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,018/mo property income instead of your personal income.
Single Family
Built in 1960
0.76 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
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Listed by: HEATHER KISHEL • Coldwell Banker Town & Country Properties Moscow
Mls Name: GSBR
Mls Provider:
Mls ID: #SC6326
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.