144 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
Investment property for sale in Pocono Lake at 144 Owassa Dr, Pocono Lake, PA, 18347 uses $106,047 cash to close to unlock $5,862/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $2,585/mo, and a $1,566/mo payment keeps the spread at $489/mo. Purchase price stands at $319,900, and rental yield measures 9.7% with $2,585/mo rent. Return on cash invested shows 25.44% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 132.97% and total cumulative return in cash records $141,008. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,585/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1987
10,018 sqft 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: Gabriel Defalcis • Iron Valley Real Estate of Lehigh Valley - Allentown
Mls Name: PMAR
Mls ID: #PM-137650