3310 Black Cherry CtLong PondPA18334
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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 Long Pond at 3310 Black Cherry Ct, Long Pond, PA, 18334 generates $2,375/mo in rent, after a $2,031/mo payment. Total monthly income is $2,375/mo. Return on cash invested sits at 16.03% in year one, and rental yield is 6.87% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 82.85% and total cumulative return in cash sums $113,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,375/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.66 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18334, Long Pond, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,119 (100%) |
| Owner Occupied HU | 1,271 (60.0%) |
| Renter Occupied HU | 214 (10.1%) |
| Vacant Housing Units | 634 (29.9%) |
| Median Home Value | $279,408 |
| Average Home Value | $299,634 |
Housing Distribution
Address Breakdown
Residential
1,568
Single Family
1,568
Multi-Family
0
Businesses
23
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Listed by: Alex V. Camaerei • VRA Realty
Mls Name: GLVR
Mls Provider:
Mls ID: #757553
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.