2449 Forest Dr EPocono 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
Investment property for sale in Pocono Lake at 2449 Forest Dr E, Pocono Lake, PA, 18347 uses $154,148 cash to close to unlock $3,586/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $3,346/mo, and a $2,276/mo payment keeps the spread at $299/mo. Purchase price stands at $465,000, and rental yield measures 8.63% with $3,346/mo rent. Return on cash invested shows 22.24% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 115.79% and total cumulative return in cash records $178,487. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,346/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Single Family
Built in 1988
2.08 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: Christine Lacomis • Lewith & Freeman, Kingston
Mls Name: Luzerne County AOR
Mls ID: #26-358