620 Wallace StStroudsburgPA18360
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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 Stroudsburg at 620 Wallace St, Stroudsburg, PA, 18360 priced at $349,000 converts $2,064/mo rent into after a $1,708/mo obligation. Total monthly income equals $2,064/mo. Return on cash invested prints 17.15% in year one, and rental yield reads 7.1% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 88.66% and total cumulative return in cash sums $102,576. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,064/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1924
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18360, Stroudsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,606 (100%) |
| Owner Occupied HU | 8,093 (64.2%) |
| Renter Occupied HU | 3,383 (26.8%) |
| Vacant Housing Units | 1,130 ( 9.0%) |
| Median Home Value | $348,611 |
| Average Home Value | $372,441 |
Housing Distribution
Address Breakdown
Residential
11,632
Single Family
11,039
Multi-Family
593
Businesses
1,343
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Listed by: Xander J Weidenbaum • Redstone Run Realty, LLC - Stroudsburg
Mls Name: PMAR
Mls ID: #PM-133520