471 Alter AvePocono SummitPA18346
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 Summit at 471 Alter Ave, Pocono Summit, PA, 18346 at $249,900 posts ROI 21.99% with $144/mo cash flow from $1,781/mo rent. Total monthly income equals $1,781/mo, and annual cash flow records $1,723/yr on $82,842 to close. Return on cash invested measures 21.99% and rental yield reads 8.55% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 114.5% and total cumulative return in cash totals $94,850.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,781/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18346, Pocono Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 795 (57.1%) |
| Renter Occupied HU | 222 (15.9%) |
| Vacant Housing Units | 376 (27.0%) |
| Median Home Value | $328,714 |
| Average Home Value | $319,862 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
89
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Nearby investment properties with comparable prices
Listed by: Pat Spitzer • Weichert Realtors - Allentown
Mls Name: GLVR
Mls ID: #765592