415 Lake DrNesquehoningPA18240
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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 Nesquehoning at 415 Lake Dr, Nesquehoning, PA, 18240 priced at $310,000 converts $1,411/mo rent into after a $1,517/mo obligation. Total monthly income equals $1,411/mo. Return on cash invested prints 12.67% in year one, and rental yield reads 5.46% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 64.46% and total cumulative return in cash sums $66,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,411/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18240, Nesquehoning, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,049 (100%) |
| Owner Occupied HU | 1,203 (58.7%) |
| Renter Occupied HU | 448 (21.9%) |
| Vacant Housing Units | 398 (19.4%) |
| Median Home Value | $213,419 |
| Average Home Value | $204,011 |
Housing Distribution
Address Breakdown
Residential
1,851
Single Family
1,740
Multi-Family
111
Businesses
97
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Listed by: Mary Amodea • Pocono Mountain Lakes Realty - Blakeslee
Mls Name: PMAR
Mls ID: #PM-136113