118 Snow Ridge CirLake HarmonyPA18624
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 Lake Harmony at 118 Snow Ridge Cir, Lake Harmony, PA, 18624 at $230,000 posts ROI 30.81% with $693/mo cash flow from $2,200/mo rent. Total monthly income equals $2,200/mo, and annual cash flow records $8,311/yr on $76,245 to close. Return on cash invested measures 30.81% and rental yield reads 11.48% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 161.8% and total cumulative return in cash totals $123,367.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1984
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18624, Lake Harmony, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,924 (100%) |
| Owner Occupied HU | 288 (15.0%) |
| Renter Occupied HU | 57 ( 3.0%) |
| Vacant Housing Units | 1,579 (82.1%) |
| Median Home Value | $434,167 |
| Average Home Value | $627,656 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
33
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Listed by: Jacqueline McDonnell Albrecht • Pocono Properties Rentals & Sales
Mls Name: PMAR
Mls ID: #PM-131246