423 Wagner WayPocono LakePA18347
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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 Pocono Lake at 423 Wagner Way, Pocono Lake, PA, 18347 priced at $419,900 converts $2,820/mo rent into after a $2,055/mo obligation. Total monthly income equals $2,820/mo. Return on cash invested prints 19.31% in year one, and rental yield reads 8.06% against a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,011 by year five. Five-year ROI reaches 100.55% and total cumulative return in cash sums $139,968. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,820/mo property income covering a $2,055/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
$1,663 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: Luis Lesmes • exp Realty, LLC - Philadelphia
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-120138
Disclaimer: The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.