6298 Laurel Rd UNIT 1102Pocono SummitPA18346
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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 Summit at 6298 Laurel Rd UNIT 1102, Pocono Summit, PA, 18346 generates $2,400/mo in rent and, after a $1,096/mo payment, leaves $933/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $11,192/yr on $74,223 invested. Return on cash invested sits at 34.99% in year one, and rental yield is 12.86% on a $223,900 entry. Equity gained on principal adds $1,445/yr, while 5% annual appreciation builds toward $61,859 over five years. Five-year ROI reaches 184.2% and total cumulative return in cash sums $136,716. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.44 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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Listed by: Tammy Lee Figueroa • VORO Keystone, LLC
Mls Name: PMAR
Mls ID: #PM-134631