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7654 Rainbow Drive

Tobyhanna, PA 18466

3

2

1,092 Sq.Ft.

Single Family Residential

$244,900

Year Built

1986

Price per sq.ft

$224

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! Brand new roof! 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

Cap Rate

4.41%

Avg. Monthly Income

$2,227

Expenses

$307

Long-term rental strategy

Optimal strategy

Cap Rate

4.65%

Avg. Monthly Income

$1,722

Expenses

$105

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