148 Summit AvePocono SummitPA18346
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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 Summit at 148 Summit Ave, Pocono Summit, PA, 18346 priced at $660,000 converts $2,429/mo rent into after a $3,230/mo obligation. Total monthly income equals $2,429/mo. Return on cash invested prints 9.59% in year one, and rental yield reads 4.42% against a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation compiles into $182,346 by year five. Five-year ROI reaches 47.93% and total cumulative return in cash sums $104,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,429/mo property income covering a $3,230/mo payment, not borrower’s personal income.
Single Family
Built in 1980
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18346, Pocono Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 795 (57.1%) |
| Renter Occupied HU | 222 (15.9%) |
| Vacant Housing Units | 376 (27.0%) |
| Median Home Value | $328,714 |
| Average Home Value | $319,862 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
89
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Listed by: Ella Santiago • E-Realty Services - Pocono Summit
Mls Name: PMAR
Mls ID: #PM-131517