Real Estate Investing in Pocono Summit, Pennsylvania (18346)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 18346 (Pocono Summit, PA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 33.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pocono Summit, PA (18346)?
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Market Analysis: 18346 Pocono Summit
ZIP 18346 in Pocono Summit, PA carries a significant set of headwinds. Home values near $282K and rents of $1,260/mo sit inside a market where underwriting has to be tight.
Rent of $1,260/mo on a $282K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 18346 sits below the stated 0.0% once reality is priced in.
On the rental side, 18346 offers a low basis, the region around Pocono Summit has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 18346 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 18346 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Pocono Summit:
Property Strategy for 18346
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $197,688 | $1,400 | 5.1% | +11.4% | $98,844 |
| 3BR | $261,132 | $1,840 | 5.1% | +10.6% | $87,044 |
| 4BR | $339,607 | $2,150 | 4.6% | +9.0% | $84,902 |
Market Trends
Home Value History (with trend line)
📊 How Does 18346 Compare?
| Metric | 18346 | Pocono Summit | East Stroudsburg, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $282,335 | $282,335 | N/A | $278,018 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 6.3% |
| Avg Rent | $1,260 | $1,260 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 18346 (Pocono Summit, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $282,335 |
| Monthly Rent | $1,260 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +9.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 18346
Population: 2,316
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 18346
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Tobyhanna El Ctr
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is housing expensive in Pocono Summit, PA?
Pocono Summit, PA median home values land near $282K. That is reasonable territory for investors looking at $1,260/mo-per-month rentals.
Are tenants stable in Pocono Summit, PA?
Pocono Summit, PA draws a stable base of working renters. Demand at the $1,260/mo rent level is reasonable for standard single-family and small multi rentals.
What is it like being a landlord in Pocono Summit, PA?
PA ranks as a landlord-friendly state for landlord-tenant law. Pocono Summit generally follows the statewide framework, so landlords face reasonable operating rules.
Do landlords face vacancy issues in Pocono Summit, PA?
Expect elevated vacancy in Pocono Summit, PA. Rents at $1,260/mo are absorbed by the tenant base without meaningful lag.
How strong are rents in Pocono Summit, PA?
The typical rental in Pocono Summit, PA commands about $1,260/mo monthly. That rent profile steady cash flow against the $282K purchase basis.
You know 18346 now. You don’t know where it ranks.
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How 18346 ranks in East Stroudsburg, PA
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