243 Elk Run RdPocono 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 243 Elk Run Rd, Pocono Lake, PA, 18347 priced at $299,900 pairs $2,410/mo rent with $445/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,410/mo, and annual cash flow comes to $5,336/yr on $99,417 invested. Return on cash invested is 25.28% in year one, and rental yield stands at 9.64% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 132.11% and total cumulative return in cash reaches $131,344. For financing, Ziffy Mortgage’s DSCR program evaluates $2,410/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.45 Acres lot
$N/A/sqft
No 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
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Listed by: Jennifer Marie Harvey • CENTURY 21 Select Group - Blakeslee
Mls Name: PMAR
Mls ID: #PM-135591