198 Grove StEast StroudsburgPA18301
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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 East Stroudsburg at 198 Grove St, East Stroudsburg, PA, 18301 offers $2,053/mo rent that, after a $974/mo payment, leaves $710/mo cash flow. Total monthly income is $2,053/mo, and annual cash flow is $8,522/yr on $65,969 cash. Return on cash invested measures 32.83% in year one, and rental yield stands at 12.38% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 172.91% and total cumulative return in cash reaches $114,066. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,053/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1916
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18301, East Stroudsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,321 (100%) |
| Owner Occupied HU | 6,758 (59.7%) |
| Renter Occupied HU | 3,292 (29.1%) |
| Vacant Housing Units | 1,271 (11.2%) |
| Median Home Value | $306,282 |
| Average Home Value | $348,671 |
Housing Distribution
Address Breakdown
Residential
10,658
Single Family
10,302
Multi-Family
356
Businesses
773
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Listed by: Bobbi J Mika • WEICHERT Realtors Acclaim - Tannersville
Mls Name: PMAR
Mls ID: #PM-135308