348 Fernwood DrEast StroudsburgPA18301
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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 East Stroudsburg at 348 Fernwood Dr, East Stroudsburg, PA, 18301 priced at $420,000 pairs $3,160/mo rent with $294/mo cash flow after a $2,056/mo payment. Total monthly income equals $3,160/mo, and annual cash flow comes to $3,524/yr on $139,230 invested. Return on cash invested is 22.44% in year one, and rental yield stands at 9.03% on a $420,000 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,038 by year five. Five-year ROI measures 117.26% and total cumulative return in cash reaches $163,255. For financing, Ziffy Mortgage’s DSCR program evaluates $3,160/mo property income against a $2,056/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.45 Acres lot
$N/A/sqft
$1,366 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18301, East Stroudsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,321 (100%) |
| Owner Occupied HU | 6,758 (59.7%) |
| Renter Occupied HU | 3,292 (29.1%) |
| Vacant Housing Units | 1,271 (11.2%) |
| Median Home Value | $306,282 |
| Average Home Value | $348,671 |
Housing Distribution
Address Breakdown
Residential
10,658
Single Family
10,302
Multi-Family
356
Businesses
773
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Listed by: Nicole D Ewicka • 1ST CLASS REALTY - PA
Mls Name: PWAR
Mls Provider:
Mls ID: #PW252718
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.