💰 $96K in STR Income on a $399,900 Turnkey Poconos Airbnb

🏔️ $399,900 • $96K Verified STR Income • ~24% Gross Rental Yield • 4 Bedrooms • Sleeps 10 • 4.92★ Guest Favorite • Hot Tub • Game Room • Fully Furnished

📩 Interested?

👉 Express Interest in This Property

🚨 Nearly $100K in Revenue at a Sub-$400K Purchase Price

Every once in a while, the revenue-to-price ratio jumps off the page.

This may be one of those properties.

Offered at just $399,900, this established Poconos STR has generated:

$96,000 in verifiable STR rental income

That works out to gross revenue equal to approximately:

24% of the asking price

That's not a cap rate—operating expenses still need to come out—but it's an unusually strong starting point for a property under $400K.

Even better, this isn't a hypothetical STR conversion. It's already an Airbnb Guest Favorite with a 4.92-star rating across 71 reviews, and it's being sold fully furnished and turnkey.

👉 Express Interest in This Property

🏡 The Asset

1403 Waterfront Dr, Tobyhanna, PA

💰 Price: $399,900

💵 Verified STR Income: $96,000

📊 Gross Revenue / Price: ~24%

🛏️ 4 Bedrooms

🚿 2 Bathrooms

📐 2,028 Sq Ft

👥 Sleeps 10

⭐ 4.92 Airbnb Rating

💬 71 Reviews

🏆 Airbnb Guest Favorite

🛋️ Fully Furnished & Turnkey

♨️ Private Hot Tub

🎮 Finished Game Room

🔥 Fire Pit

🌳 Large Multi-Zone Deck

🌊 Walkable to the Lake

🚰 Public Sewer

❄️ Mini-Split HVAC

🔐 Gated Community

For an investor, the biggest advantage may be that you're buying an existing STR operation rather than an STR project.

📊 The Revenue-to-Price Ratio Is the Story

Let's put the two biggest numbers next to each other:

$399,900 Purchase Price

$96,000 STR Income

That's approximately a:

24% Gross Rental Yield

Or looked at another way, the asking price is only about:

4.2x Reported STR Income

Again, gross revenue isn't profit, and a buyer should review the full operating history, management costs, utilities, HOA/community costs, insurance, maintenance, taxes, cleaning economics, and other expenses.

But $96K of reported STR income against a sub-$400K asking price is enough to get our attention.

⭐ This One Is Already Proven With Guests

One of the biggest risks when buying a house and converting it into an Airbnb is that you don't really know how guests will respond until you launch.

Here, you already have evidence.

4.92 Stars Across 71 Reviews

And Airbnb has designated the property a Guest Favorite.

The listing also reports repeat guests and an established booking history.

For the next owner, that means you're evaluating something guests have already demonstrated they enjoy—not simply a revenue projection on a spreadsheet.

🎮 Built Around Group & Family Stays

The property sleeps up to 10 guests across four bedrooms, with amenities designed to give larger groups things to do beyond simply sleeping there.

The finished lower level has been turned into a dedicated entertainment zone with:

🏓 Ping Pong

⚽ Foosball

🕹️ Arcade Games

Then there's the outdoor setup.

♨️ The Backyard Is the Star

The large backyard deck has been designed as a true outdoor guest space rather than just somewhere to put two chairs.

Guests get:

♨️ Private Hot Tub

🔥 Fire Pit

🍽️ Multiple Dining & Seating Areas

🌲 Wooded Poconos Setting

🌊 Lake Within Walking Distance

Those amenities are particularly useful in a four-season market where the property needs to appeal to guests beyond peak summer travel.

🏔️ Four-Season Poconos Demand

The property sits inside a gated Poconos community and is within walking distance of the lake.

It's also positioned within easy reach of major regional attractions including:

💦 Kalahari

⛷️ Camelback

🥾 State Parks

🌊 Lake recreation

🍂 Fall foliage & mountain getaways

That gives the property multiple demand drivers throughout the year rather than relying on one narrow vacation season.

🔑 Turnkey Means Turnkey

This is another major part of the investment thesis.

The home is being sold:

Fully Furnished + Rental Ready

It's already been renovated.

The game room is built.

The hot tub is installed.

The outdoor entertaining areas are established.

The furnishings are there.

And the rental itself already has dozens of guest reviews.

You're not buying a $399,900 house and then immediately writing another large check to furnish, renovate, and amenitize it before your first booking.

📈 The Investment Story

Here's the quick version:

💰 Asking Price: $399,900

💵 Verified STR Income: $96,000

📊 Gross Revenue / Price: ~24%

📈 Price / Reported Revenue: ~4.2x

⭐ Airbnb Rating: 4.92

💬 Reviews: 71

👥 Guest Capacity: 10

🔑 Fully Furnished: Yes

♨️ Hot Tub: Yes

🎮 Game Room: Yes

A serious buyer should still request and verify the complete financial statements and calculate actual NOI.

But at roughly 4.2x reported STR income, there's enough here to make the underwriting worth doing.

💸 Financing & Tax Angle

A sub-$400K property with an established STR history could be worth evaluating with lenders that specialize in vacation-rental financing.

👉 Explore STR Financing Options Here

Depending on the borrower and intended use, potential structures may include DSCR, conventional investment, portfolio, or other STR-focused financing.

👉 Get Matched With an STR Lender Here

🧾 Cost Segregation

Qualifying buyers may also want to evaluate cost segregation after acquisition.

We partner with Segonomics, the lowest-priced cost segregation partner we've found, and Offer Sheet readers can get an additional discount.

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👉 Get Your Cost Segregation Study Here

Members of Offer Sheet Pro can receive:

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with studies as low as $1,749.

Offer Sheet Pro members can reply to the newsletter for the private 50% discount code.

Tax outcomes vary by investor, so buyers should discuss potential benefits with a qualified tax professional.

🏡 Need Help Finding Your Own STR?

We partner with a team that helps investors identify fully underwritten, data-backed STR opportunities based on their budget and investment goals.

They can help with market selection, revenue projections, property recommendations, design, amenity strategy, management, listing optimization, and pricing.

👉 See Available STR Investment Opportunities Here

They typically require buyers to have around $150K available for the down payment, furnishing, design, and revenue-driving amenities.

To date, they've helped investors acquire 375+ properties generating $60M+ in rental revenue, with $25M+ in estimated tax savings.

👉 Get Matched With an STR Property Here

🎯 Why This One Stands Out

💰 $96K in Verified STR Income

That's a big number relative to a $399,900 asking price.

📊 ~24% Gross Rental Yield

Not a cap rate, but a particularly interesting revenue-to-price ratio.

⭐ 4.92★ Guest Favorite

The property already has 71 reviews and proven guest satisfaction.

♨️ STR Amenities Are Already There

Hot tub, game room, fire pit, large deck, lake access, and sleeping capacity for 10.

🔑 Fully Turnkey

Renovated, furnished, amenitized, and already operating.

⚡ Bottom Line

$399,900. $96K in STR Income. 4.92★ Across 71 Reviews.

At the asking price, the reported STR income represents approximately a 24% gross rental yield and a purchase price of only about 4.2x reported revenue.

Then add the actual property: four bedrooms, sleeping capacity for 10, private hot tub, dedicated game room, fire pit, huge outdoor deck, lake access, and proximity to major Poconos attractions.

Most importantly, the hard work has already been done.

Instead of buying a house and hoping you can turn it into a successful Airbnb, you're buying a fully furnished, established Guest Favorite with an existing rental history.

For under $400K, this one has numbers worth digging into.

👉 🏡 Express Interest in This Property

👉 🏡 Express Interest in This Property