2016 Locust Ridge RdPocono LakePA18347
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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
Investment property for sale in Pocono Lake at 2016 Locust Ridge Rd, Pocono Lake, PA, 18347 offers a 7.9% rental yield on a $763,800 purchase with $5,029/mo rent. Total monthly income registers $5,029/mo, and a $3,738/mo payment leaves $24/mo available for distribution. Annual cash flow reaches $292/yr on $251,290 to close, and return on cash invested stands at 20.18% in year one. Equity gained on principal adds $4,929/yr while 5% annual appreciation supports $211,024 over five years. Portfolio math shows five-year ROI at 104.73% and total cumulative return in cash at $263,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,029/mo property income against a $3,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
3.03 Acres lot
$N/A/sqft
No 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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