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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lake Harmony at 63 Midlake Dr UNIT 101, Lake Harmony, PA, 18624 generates $2,880/mo in rent, after a $1,835/mo payment. Total monthly income is $2,880/mo. Return on cash invested sits at 19.05% in year one, and rental yield is 9.22% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 100.54% and total cumulative return in cash sums $124,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Condo
Built in 1988
435.60 sqft lot
$N/A/sqft
$6,142 annually HOA
Neighborhood data shown for ZIP Code: 18624, Lake Harmony, PA area.
| 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 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
33
Date | Event | Price |
|---|---|---|
| 2024-12-12 | Price change | $375,000 |
| 2024-11-01 | Listed for sale | $382,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Teresa A Benz, Broker • Pocono Area Realty Benz Group, LLC
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-119989
Disclaimer: The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.
