2321 Locust Ridge RdPocono LakePA18347
Nearby investment properties with comparable rents
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
Total monthly income runs $1,949/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 7.2% with $1,949/mo rent. Return on cash invested shows 16.1% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 83.59% and total cumulative return in cash records $90,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,949/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.29 Acres lot
$N/A/sqft
$1,930 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob McLaughlin • exp Realty, LLC - Philadelphia
Mls Name: PMAR
Mls ID: #PM-135421