140 Owassa DrPocono 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 140 Owassa Dr, Pocono Lake, PA, 18347 priced at $296,888 converts $2,395/mo rent into $450/mo cash flow after a $1,453/mo obligation. Total monthly income equals $2,395/mo, and annual cash flow totals $5,396/yr on $98,418 invested. Return on cash invested prints 25.39% in year one, and rental yield reads 9.68% against a $296,888 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation compiles into $82,025 by year five. Five-year ROI reaches 132.73% and total cumulative return in cash sums $130,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,395/mo property income covering a $1,453/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.29 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: Arlene D. Hart Van Hine • CENTURY 21 Select Group - Blakeslee
Mls Name: PMAR
Mls ID: #PM-130565