703 Clearview DrLong PondPA18334
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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
Rental property for sale in Long Pond at 703 Clearview Dr, Long Pond, PA, 18334 priced at $285,000 pairs $2,478/mo rent with $507/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,478/mo, and annual cash flow comes to $6,084/yr on $94,478 invested. Return on cash invested is 26.35% in year one, and rental yield stands at 10.43% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 138.38% and total cumulative return in cash reaches $130,734. For financing, Ziffy Mortgage’s DSCR program evaluates $2,478/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
0.45 Acres lot
$N/A/sqft
$1,240 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18334, Long Pond, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,119 (100%) |
| Owner Occupied HU | 1,271 (60.0%) |
| Renter Occupied HU | 214 (10.1%) |
| Vacant Housing Units | 634 (29.9%) |
| Median Home Value | $279,408 |
| Average Home Value | $299,634 |
Housing Distribution
Address Breakdown
Residential
1,568
Single Family
1,568
Multi-Family
0
Businesses
23
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-30 | Listed for sale | $285,000 |
| 2023-07-13 | Sold | $19,000 |
| 2023-05-23 | Pending sale | $22,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-12 | $2234.42 | 9.40% | $80,040 | N/A |
| 2023-11-12 | $2042.40 | 1.77% | $80,040 | N/A |
| 2022-11-12 | $2006.79 | N/A | $80,040 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1984
- Architectural Style: Contemporary
- Building Area: 1,380
- Living Area: 1,380 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard, Propane, Hot Water
- Cooling: Ceiling Fan(s), Ductless, Window Unit(s)
- Flooring: Ceramic Tile, See Remarks, Laminate
- Interior Features: Cathedral Ceiling(s), Eat-in Kitchen, Living Room Fireplac, Fireplace, Contemporary
- Exterior Features: N/A
- Parking Features: No Garage
Location
HOA & Fees
- HOA Fee: $1,240 annually
- Association Fee: $1,240 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Janet Ferraro • Keller Williams Real Estate - Stroudsburg
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-119640
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.