202-59 Midlake Dr, Lake Harmony, PA, 18624 | $134/mo Cash Flow

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202-59 Midlake Dr, Lake Harmony, PA, 18624 | $134/mo Cash Flow | Ziffy

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lake Harmony at 202-59 Midlake Dr, Lake Harmony, PA, 18624 listed at $419,000 pairs $2,880/mo rent with a $2,051/mo payment to leave $134/mo cash flow. Total monthly income runs $2,880/mo, and annual cash flow reaches $1,610/yr on $138,899 cash to close. Return on cash invested measures 21.07% in year one, and rental yield registers 8.25% at a $419,000 basis. Equity gained on principal adds $2,704/yr, and annual property appreciation at 5% supports $115,762 by year five. Five-year ROI tracks 109.56% and total cumulative return in cash totals $152,177. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $2,051/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

OPEN HOUSE 8/30 Stunning Lakefront Condo in the Pocono Mountains - Your Year-Round Retreat Experience the beauty and serenity of the Pocono Mountains with this gorgeous lakefront condominium, perfectly positioned to offer breathtaking seasonal views of the pristine lake and surrounding ski mountains. Located on the second floor, this fully furnished condo comes with a private, covered balcony making it the ideal spot to unwind and soak in the views, whether it's the vibrant colors of fall, the sparkling lake in summer, or the snow-capped peaks in winter. Key Features: Lakefront Living: Private Balcony: Fully Furnished: Second-Floor Location: Lake Club Membership: Exclusive access to the Lake Club, which offers dock slips, tennis courts, boating, and fishing. Whether you're an avid angler or a water sports enthusiast, you'll find everything you need right around the corner. The Pocono Mountains are known for their peaceful lakes, charming communities, and year-round outdoor activities. This condo is conveniently located near major highways, making it a short drive from New York, New Jersey, and Philadelphia. Whether you're looking for a weekend getaway or a full-time home, this condo offers the best of both worlds - tranquil retreat and easy access to adventure. Sandy Beach & Pool: Skiing & Recreation

Neighborhood Data

Neighborhood data shown for ZIP Code: 18624, Lake Harmony, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,924 (100%)
Owner Occupied HU	288 (15.0%)
Renter Occupied HU	57 ( 3.0%)
Vacant Housing Units	1,579 (82.1%)
Median Home Value	$434,167
Average Home Value	$627,656