468 Garter WayTannersvillePA18372
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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
Rental property for sale in Tannersville at 468 Garter Way, Tannersville, PA, 18372 priced at $319,900 converts $2,569/mo rent into $473/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,569/mo, and annual cash flow totals $5,670/yr on $106,047 invested. Return on cash invested prints 25.26% in year one, and rental yield reads 9.64% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 132.01% and total cumulative return in cash sums $139,988. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,569/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Townhouse
Built in 2000
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18372, Tannersville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,687 (100%) |
| Owner Occupied HU | 815 (48.3%) |
| Renter Occupied HU | 188 (11.1%) |
| Vacant Housing Units | 684 (40.5%) |
| Median Home Value | $295,785 |
| Average Home Value | $318,261 |
Housing Distribution
Address Breakdown
Residential
1,060
Single Family
1,060
Multi-Family
0
Businesses
334
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Listed by: Cindy L Knecht • Carr Realty of the Poconos
Mls Name: PMAR
Mls ID: #PM-132383