71 Kendrick RdCovingtonPA16917
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
Investment property for sale in Covington at 71 Kendrick Rd, Covington, PA, 16917 with 5% annual appreciation on a $166,000 basis while $1,796/mo rent supports operations. Total monthly income totals $1,796/mo and a $812/mo payment preserves $709/mo for cash returns. Annual cash flow comes to $8,505/yr on $55,029 deployed, and return on cash invested reaches 35.36% in year one. Equity gained on principal adds $1,071/yr, and five-year appreciation sums $45,863 alongside rental yield of 12.98%. Five-year ROI measures 186.21% and total cumulative return in cash totals $102,469.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,796/mo property income versus a $812/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1944
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16917, Covington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 459 (64.2%) |
| Renter Occupied HU | 137 (19.2%) |
| Vacant Housing Units | 119 (16.6%) |
| Median Home Value | $256,034 |
| Average Home Value | $288,486 |
Housing Distribution
Address Breakdown
Residential
537
Single Family
537
Multi-Family
0
Businesses
34
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Listed by: Dawn Avery • Penn Oak Realty Mansfield
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722466
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.