151 Forest DrCanadensisPA18325
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Nearby investment properties with comparable prices
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 Canadensis at 151 Forest Dr, Canadensis, PA, 18325 priced at $349,900 converts $2,818/mo rent into $369/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,818/mo, and annual cash flow totals $4,427/yr on $115,992 invested. Return on cash invested prints 23.73% in year one, and rental yield reads 9.66% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 124.37% and total cumulative return in cash sums $144,258. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,818/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1.12 Acres lot
$N/A/sqft
$1,870 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18325, Canadensis, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,689 (100%) |
| Owner Occupied HU | 867 (51.3%) |
| Renter Occupied HU | 227 (13.4%) |
| Vacant Housing Units | 595 (35.2%) |
| Median Home Value | $696,856 |
| Average Home Value | $650,934 |
Housing Distribution
Address Breakdown
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
33
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Listed by: Ginger Walsh • RE/MAX of the Poconos
Mls Name: PMAR
Mls ID: #PM-132545