63 Midlake Dr #301, Lake Harmony, PA, 18624 | 6.53% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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63 Midlake Dr #301, Lake Harmony, PA, 18624 | 6.53% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lake Harmony at 63 Midlake Dr #301, Lake Harmony, PA, 18624 earns from $2,880/mo rent with a $2,589/mo payment. Total monthly income totals $2,880/mo. ROI tracks 16.02% on current figures, and rental yield reads 6.53% at a $529,000 purchase. Equity gained on principal adds $3,414/yr, and 5% annual appreciation supports $146,153 over five years. Five-year ROI reaches 82.42% and total cumulative return in cash sums $143,453. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

LAKEFRONT PENTHOUSE RETREAT! Welcome to your dream getaway featuring breathtaking views of the lake, surrounding mountains, and Big Boulder Ski Resort! This spacious 3-bedroom, 3 full bath penthouse offers the perfect blend of comfort, style, and luxury. Enjoy a private jacuzzi room, ideal for relaxing after a day on the slopes or water. The updated kitchen with granite countertops, stainless steel appliances, wine cooler, and a custom coffee station. Entertain with ease in the open dining area and expansive living room highlighted by a stunning view of the Lake and stone wood-burning fireplace. Upstairs, a cozy loft with color-changing lights creates the perfect spot to unwind and take in the spectacular views. Additional features include central air and heat, a storage closet, and a storage attic for all your seasonal gear. Enjoy Summer activities such as an outdoor pool and for the boating enthusiast, there is a boat dock for easy boating. Close to Route 80 and PA Turnpike for easy commuting. This is more than a homeit's a lakefront lifestyle with year-round beauty and recreation at your doorstep!

Neighborhood Data

Neighborhood data shown for ZIP Code: 18624, Lake Harmony, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,924 (100%)
Owner Occupied HU	288 (15.0%)
Renter Occupied HU	57 ( 3.0%)
Vacant Housing Units	1,579 (82.1%)
Median Home Value	$434,167
Average Home Value	$627,656