120 Spring Run RdPocono LakePA18347
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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 Pocono Lake at 120 Spring Run Rd, Pocono Lake, PA, 18347 priced at $319,500 converts $1,885/mo rent into after a $1,564/mo obligation. Total monthly income equals $1,885/mo. Return on cash invested prints 17.54% in year one, and rental yield reads 7.08% against a $319,500 entry. Equity gained on principal adds $2,062/yr, while 5% annual appreciation compiles into $88,272 by year five. Five-year ROI reaches 90.66% and total cumulative return in cash sums $96,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,885/mo property income covering a $1,564/mo payment, not borrower’s personal income.
Single Family
Built in 1957
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18347, Pocono Lake, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,957 (100%) |
| Owner Occupied HU | 1,566 (31.6%) |
| Renter Occupied HU | 240 ( 4.8%) |
| Vacant Housing Units | 3,151 (63.6%) |
| Median Home Value | $281,308 |
| Average Home Value | $311,968 |
Housing Distribution
Address Breakdown
Residential
1,365
Single Family
578
Multi-Family
787
Businesses
58
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Listed by: Jon Campbell • Real of Pennsylvania
Mls Name: GLVR
Mls Provider:
Mls ID: #743135
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.