37 Cove RdBear CreekPA18602
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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
Rental property for sale in Bear Creek at 37 Cove Rd, Bear Creek, PA, 18602 offers $2,888/mo rent that, after a $4,013/mo payment. Total monthly income is $2,888/mo. Return on cash invested measures 8.82% in year one, and rental yield stands at 4.23% at a $820,000 entry. Equity gained on principal adds $5,291/yr while 5% annual appreciation compounds into $226,551 by year five. Five-year ROI records 43.91% and total cumulative return in cash reaches $118,451. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,888/mo property income versus a $4,013/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1934
10,018 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18602, Bear Creek, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 153 (100%) |
| Owner Occupied HU | 114 (74.5%) |
| Renter Occupied HU | 10 ( 6.5%) |
| Vacant Housing Units | 29 (19.0%) |
| Median Home Value | $315,909 |
| Average Home Value | $341,425 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
11
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Listed by: Lucille M. Richmond • Century 21 Select Group
Mls Name: GLVR
Mls Provider:
Mls ID: #759468
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.