1115 Rhododendron LnPocono SummitPA18346
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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 Pocono Summit at 1115 Rhododendron Ln, Pocono Summit, PA, 18346 offers a 9.41% rental yield on a $300,000 purchase with $2,352/mo rent. Total monthly income registers $2,352/mo, and a $1,468/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,753/yr on $99,450 to close, and return on cash invested stands at 23.68% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 123.89% and total cumulative return in cash at $123,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,352/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.39 Acres lot
$N/A/sqft
$885 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18346, Pocono Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 795 (57.1%) |
| Renter Occupied HU | 222 (15.9%) |
| Vacant Housing Units | 376 (27.0%) |
| Median Home Value | $328,714 |
| Average Home Value | $319,862 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
89
Price History
Date | Event | Price |
|---|---|---|
| 2024-12-08 | Listed for sale | $300,000 |
| 2024-05-22 | Listing removed | $299,900 |
| 2024-03-09 | Listed for sale | $299,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-12 | $2857.51 | 9.40% | $102,360 | N/A |
| 2023-01-12 | $2611.95 | 1.77% | $102,360 | N/A |
| 2022-01-12 | $2566.40 | N/A | $102,360 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1962
- Architectural Style: Bungalow,Ranch
- Building Area: 1,900
- Living Area: 1,900 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard, Wood Stove, Electric, Fireplace Insert
- Cooling: None
- Flooring: Ceramic Tile, Vinyl, Tile, Laminate
- Interior Features: Bar, Pellet Stove, Living Room Fireplac, Granite Counters, Fireplace, Eat-in Kitchen, Contemporary
- Exterior Features: N/A
- Parking Features: Detached, Parking Pad, Garage
Location
- City: Pocono Summit
- State: PA
- Subdivision: Stillwater Estates
- Lot Size: 0.39 Acres
- Lot Features: Cleared, Level
- View: N/A
HOA & Fees
- HOA Fee: $885 annually
- Association Fee: $885 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Samantha Bonnett • RE/MAX of the Poconos
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-120769
Disclaimer: The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.