Under $200K Investment Properties for Sale in Tobyhanna, PA
40- 3 Bed
- 1 Bath
- 861 sft
118- 3 Bed
- 2 Bath
- 1256 sft
125- 3 Bed
- 2 Bath
- 1512 sft
222- 3 Bed
- 2 Bath
- 1226 sft
Why Invest in Tobyhanna, Pennsylvania?
Tobyhanna, PA offers strong opportunities for investors targeting properties under $200k, with median home values around $195k providing accessible entry points. Recent data shows stable pricing with potential for 4-5% annual appreciation in this Pocono Mountains area. Rental yields average 7-8% due to seasonal tourism demand and growing renter occupancy near 40%. Cash flow potential is solid at $300-500/month for entry-level homes, supported by low vacancy and proximity to recreational attractions. Cap rates hover at 8-9%, making under-$200k deals attractive for cash buyers seeking high returns.
Frequently Asked Questions
Yes, median home values hover around $195k, with entry-level homes and fixers often listed below $200k. These properties appeal to cash investors due to strong rental demand. Inventory has grown, offering negotiation room.
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