24 Summit DrMount PoconoPA18344
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
Rental property for sale in Mount Pocono at 24 Summit Dr, Mount Pocono, PA, 18344 offers $4,680/mo rent that, after a $6,608/mo payment. Total monthly income is $4,680/mo. Return on cash invested measures 8.94% in year one, and rental yield stands at 4.16% at a $1,350,000 entry. Equity gained on principal adds $8,711/yr while 5% annual appreciation compounds into $372,980 by year five. Five-year ROI records 44.41% and total cumulative return in cash reaches $194,237. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,680/mo property income versus a $6,608/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18344, Mount Pocono, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,648 (100%) |
| Owner Occupied HU | 874 (53.0%) |
| Renter Occupied HU | 528 (32.0%) |
| Vacant Housing Units | 246 (14.9%) |
| Median Home Value | $315,000 |
| Average Home Value | $317,285 |
Housing Distribution
Address Breakdown
Residential
1,420
Single Family
1,216
Multi-Family
204
Businesses
207
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Listed by: Leonore Ferreira • Classic Properties - Mountainhome
Mls Name: PMAR
Mls ID: #PM-130968