148 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 148 Owassa Dr, Pocono Lake, PA, 18347 priced at $274,000 converts $2,472/mo rent into $507/mo cash flow after a $1,341/mo obligation. Total monthly income equals $2,472/mo, and annual cash flow totals $6,089/yr on $90,831 invested. Return on cash invested prints 26.61% in year one, and rental yield reads 10.83% against a $274,000 entry. Equity gained on principal adds $1,768/yr, while 5% annual appreciation compiles into $75,701 by year five. Five-year ROI reaches 140.12% and total cumulative return in cash sums $127,269. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,472/mo property income covering a $1,341/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.48 Acres lot
$N/A/sqft
$2,030 annually 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: Patricia Quinn • RE/MAX Property Specialists - Pocono Lake
Mls Name: PMAR
Mls ID: #PM-119011