348 Race StEast 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
Investment property for sale in East Stroudsburg at 348 Race St, East Stroudsburg, PA, 18301 uses $79,527 cash to close to unlock $4,442/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $1,942/mo, and a $1,174/mo payment keeps the spread at $370/mo. Purchase price stands at $239,900, and rental yield measures 9.71% with $1,942/mo rent. Return on cash invested shows 25.49% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 133.31% and total cumulative return in cash records $106,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,942/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1970
5,227 sqft lot
$N/A/sqft
No 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: Sonia L Kern • Keller Williams Real Estate - Stroudsburg
Mls Name: PMAR
Mls ID: #PM-133527