389 Orono DrPocono LakePA18347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 389 Orono Dr, Pocono Lake, PA, 18347 at $247,000 posts ROI 23.79% with $265/mo cash flow from $2,056/mo rent. Total monthly income equals $2,056/mo, and annual cash flow records $3,179/yr on $81,881 to close. Return on cash invested measures 23.79% and rental yield reads 9.99% at the current $247,000. Equity gained on principal adds $1,594/yr, and 5% annual appreciation supports $68,242 by year five. Five-year ROI prints 125.05% and total cumulative return in cash totals $102,388.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,056/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.50 Acres lot
$N/A/sqft
$2,070 annually 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: Heidi A Pickard • Lake Naomi Real Estate
Mls Name: PMAR
Mls ID: #PM-132089