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7654 Rainbow Drive

Tobyhanna, PA 18466

3

2

1,092 Sq.Ft.

Single Family Residential

$239,900

Year Built

1986

Price per sq.ft

$220

Contemporary 3 Bedroom, 2 Bath home located in an amenity filled, short term rental friendly community, Pocono Country Place. Home has been freshly updated with a new kitchen and bathrooms, fresh paint and new flooring throughout! This great home is filled with natural sunlight, vaulted ceilings, and modern light fixtures. Welcoming you inside is a large living room with a brick fireplace, new kitchen complete with stainless steel appliances, tile backsplash and new cabinets with soft close drawers. Additionally, there is a dining room with sliders leading to the fenced in backyard, full bathroom with shower, a laundry closet and first floor bedroom. Upstairs, there are 2 bedrooms & a full bath. Private gated community with fantastic amenities including pools, beach, lake, playgrounds, clubhouse & more! Easy commute to I-80, Rt 33 & all other Pocono attractions; skiing, hiking, water parks,& state game parks! Enjoy this home as a vacation home, short term rental or permanent residence

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

4.55%

Avg monthly income

$2,404

Expenses

$311

Long-term rental strategy

Cap Rate

4.45%

Avg monthly income

$1,792

Expenses

$106

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