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5408 Ridgefield Drive

Tobyhanna, PA 18466

3

1

864 Sq.Ft.

Single Family Residential

$105,000

Year Built

1986

Price per sq.ft

$122

Check out this three bedroom, 1 bath fixer-upper. This is ideal for your fix/flip or BRRRR renovation project. (Buy, Renovate, Rent, Refinance, Repeat.)Located in the amenity-filled community of Pocono Country Place, which is short-term (AirBnB) or long-term rental friendly! Community pools, tennis, private lakes for boating/fishing with sparkling clear mountain water and PLENTY of fish! APCP has public water and sewer, private gated community with 24/7 security, trash pickup, road maintenance, clubhouse for community or private events.Only minutes away are TWO HUGE indoor waterparks-- Great Wolf and Kalahari. Plus, Mount Airy Casino, and Camelback Ski area/Water Park are just down the road. And a major outlet mall is minutes away just off I-80.This is a great opportunity for CASH INVESTOR and it offers strong profit potential. Sold in 'as is' condition.

Property Investment Potential

Short-term rental strategy

Cap Rate

8.44%

Avg monthly income

$1,802

Expenses

$299

Long-term rental strategy

Optimal strategy

Cap Rate

10.9%

Avg monthly income

$1,551

Expenses

$104

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