5 Leah LnCovington TownshipPA18424
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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 5 Leah Ln, Covington Township, PA, 18424 uses $105,749 cash to close to unlock $8,376/yr annual cash flow and $698/mo monthly cash flow. Total monthly income runs $2,788/mo, and a $1,561/mo payment keeps the spread at $698/mo. Purchase price stands at $319,000, and rental yield measures 10.49% with $2,788/mo rent. Return on cash invested shows 27.83% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 145.78% and total cumulative return in cash records $154,165. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,788/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18424, Gouldsboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,051 (100%) |
| Owner Occupied HU | 1,915 (47.3%) |
| Renter Occupied HU | 322 ( 7.9%) |
| Vacant Housing Units | 1,814 (44.8%) |
| Median Home Value | $238,164 |
| Average Home Value | $288,240 |
Housing Distribution
Address Breakdown
Residential
2,186
Single Family
2,186
Multi-Family
0
Businesses
118
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Listed by: Carl Canedy • Keller Williams Real Estate-Clarks Summit
Mls Name: GSBR
Mls ID: #SC254041