113 Condor DrTamimentPA18371
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 Tamiment at 113 Condor Dr, Tamiment, PA, 18371 priced at $199,000 converts $1,497/mo rent into $193/mo cash flow after a $974/mo obligation. Total monthly income equals $1,497/mo, and annual cash flow totals $2,316/yr on $65,969 invested. Return on cash invested prints 23.42% in year one, and rental yield reads 9.03% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 122.14% and total cumulative return in cash sums $80,574. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,497/mo property income covering a $974/mo payment, not borrower’s personal income.
Condo
Built in 1982
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18371, Tamiment, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 275 (54.1%) |
| Renter Occupied HU | 44 ( 8.7%) |
| Vacant Housing Units | 189 (37.2%) |
| Median Home Value | $265,777 |
| Average Home Value | $286,118 |
Housing Distribution
Address Breakdown
Residential
433
Single Family
433
Multi-Family
0
Businesses
1
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Listed by: Thomas M Waslowski - Realtor • Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg
Mls Name: PMAR
Mls ID: #PM-134706