228 Partridge DrPocono 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
Rental property for sale in Pocono Lake at 228 Partridge Dr, Pocono Lake, PA, 18347 priced at $350,000 pairs $2,476/mo rent with $38/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,476/mo, and annual cash flow comes to $458/yr on $116,025 invested. Return on cash invested is 20.3% in year one, and rental yield stands at 8.49% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 106% and total cumulative return in cash reaches $122,990. For financing, Ziffy Mortgage’s DSCR program evaluates $2,476/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.43 Acres lot
$N/A/sqft
$1,733 annually HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-28 | Listed for sale | $350,000 |
| 2001-11-20 | Sold | $86,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-15 | $3540.07 | 9.40% | $126,810 | N/A |
| 2023-02-15 | $3235.85 | 1.77% | $126,810 | N/A |
| 2022-02-15 | $3179.42 | N/A | $126,810 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1970
- Architectural Style: Chalet,Raised Ranch
- Building Area: 1,814
- Living Area: 1,661 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard
- Cooling: Window Unit(s)
- Flooring: Carpet, Wood, Tile, Laminate
- Interior Features: Storage, Lower Lev Fireplace, Living Room Fireplac, Kitchen Island, Fireplace
- Exterior Features: N/A
- Parking Features: No Garage
Location
- City: Pocono Lake
- State: PA
- Subdivision: Locust Lake Village
- Lot Size: 0.43 Acres
- Lot Features: Level
- View: N/A
HOA & Fees
- HOA Fee: $1,733 annually
- Association Fee: $1,733 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: William L Waldman • Keller Williams Real Estate - Montgomeryville
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-121680
Disclaimer: The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.