316 Sidney AvePocono SummitPA18346
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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 Summit at 316 Sidney Ave, Pocono Summit, PA, 18346 offers $3,029/mo rent that, after a $1,762/mo payment, leaves $596/mo cash flow. Total monthly income is $3,029/mo, and annual cash flow is $7,147/yr on $119,307 cash. Return on cash invested measures 25.9% in year one, and rental yield stands at 10.1% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 135.73% and total cumulative return in cash reaches $161,930. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,029/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.43 Acres lot
$N/A/sqft
$895 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18346, Pocono Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 795 (57.1%) |
| Renter Occupied HU | 222 (15.9%) |
| Vacant Housing Units | 376 (27.0%) |
| Median Home Value | $328,714 |
| Average Home Value | $319,862 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
89
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-06 | Price change | $359,900 |
| 2024-10-18 | Listed for sale | $380,000 |
| 2024-06-07 | Listing removed | N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-12 | $3189.40 | 7.57% | $107,130 | N/A |
| 2023-11-12 | $2965.07 | 2.15% | $107,130 | N/A |
| 2022-11-12 | $2902.72 | 0.62% | $107,130 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1985
- Architectural Style: Contemporary
- Building Area: 1,887
- Living Area: 1,887 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard, Electric, Fireplace Insert, Hot Water, Propane Tank Leased
- Cooling: Ductless, Zoned
- Flooring: Laminate, Tile
- Interior Features: Cathedral Ceiling(s), Contemporary, Extended Family Qtrs
- Exterior Features: Balcony, Gas Grill
- Parking Features: N/A
Location
- City: Pocono Summit
- State: PA
- Subdivision: Stillwater Lakes Civic Assoc
- Lot Size: 0.43 Acres
- Lot Features: Level, 10001-20000 sq. ft
- View: N/A
HOA & Fees
- HOA Fee: $895 annually
- Association Fee: $895 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Community
- Water Source: Well
- Road Surface Type: Paved
School Information
- Elementary School: Swiftwater Elementary Center
- Middle School: Pocono Mountain East Junior High School
- High School: Pocono Mountain East High School
Listed by: Kelly L. Houston • Keller Williams Northampton
Mls Name: GLVR
Mls Provider:
Mls ID: #747217
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.