71 Covington DrShrewsburyPA17361
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
Investment Highlights
Rental property for sale in Shrewsbury at 71 Covington Dr, Shrewsbury, PA, 17361 generates $2,094/mo in rent, after a $1,713/mo payment. Total monthly income is $2,094/mo. Return on cash invested sits at 17.85% in year one, and rental yield is 7.18% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 92.27% and total cumulative return in cash sums $107,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,094/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17361, Shrewsbury, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,645 (100%) |
| Owner Occupied HU | 2,052 (77.6%) |
| Renter Occupied HU | 492 (18.6%) |
| Vacant Housing Units | 101 ( 3.8%) |
| Median Home Value | $357,282 |
| Average Home Value | $371,968 |
Housing Distribution
Address Breakdown
Residential
2,515
Single Family
2,381
Multi-Family
134
Businesses
358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Thomas • Berkshire Hathaway HomeServices Homesale Realty
Mls Name: Bright MLS
Mls ID: #PAYK2085426