1685 Lake LnPocono LakePA18347
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 Lake at 1685 Lake Ln, Pocono Lake, PA, 18347 offers $2,387/mo rent that, after a $1,248/mo payment, leaves $522/mo cash flow. Total monthly income is $2,387/mo, and annual cash flow is $6,264/yr on $84,533 cash. Return on cash invested measures 27.32% in year one, and rental yield stands at 11.23% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 144.12% and total cumulative return in cash reaches $121,832. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,387/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.67 Acres lot
$N/A/sqft
$2,329 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: Janice M Kasarda • CENTURY 21 Select Group - Blakeslee
Mls Name: PMAR
Mls ID: #PM-117058