21 Castagnolia DrLake HarmonyPA18624
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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 Lake Harmony at 21 Castagnolia Dr, Lake Harmony, PA, 18624 priced at $369,900 pairs $2,576/mo rent with $153/mo cash flow after a $1,810/mo payment. Total monthly income equals $2,576/mo, and annual cash flow comes to $1,831/yr on $122,622 invested. Return on cash invested is 21.4% in year one, and rental yield stands at 8.36% on a $369,900 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,197 by year five. Five-year ROI measures 111.33% and total cumulative return in cash reaches $136,510. For financing, Ziffy Mortgage’s DSCR program evaluates $2,576/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1989
0.32 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
33
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Listed by: Samantha Bonnett • RE/MAX of the Poconos
Mls Name: PMAR
Mls ID: #PM-131159