160 Summit AvePocono SummitPA18346
Nearby investment properties with comparable rents
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 Pocono Summit at 160 Summit Ave, Pocono Summit, PA, 18346 priced at $299,000 converts $2,975/mo rent into $1,016/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,975/mo, and annual cash flow totals $12,194/yr on $99,119 invested. Return on cash invested prints 32.21% in year one, and rental yield reads 11.94% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 169.32% and total cumulative return in cash sums $167,830. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,975/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1938
0.76 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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Nearby investment properties with comparable prices
Listed by: Joan Fitzgerald • Keller Williams Real Estate - Tannersville
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-115939
Disclaimer: The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.