2717 Locust Ridge Rd · Pocono Pines, PA 18347

$110,000

3 bd · 1.0 ba · 840 sqft · Manufactured public records · 34 Days on market

Built 1975 1.00 ac lot ↓ 14% since listing

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +4.3/10.0
• Schools +4.0/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

Key facts

• 1 acre lot
• Garage
• Listed 34 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath manufactured listed at $110k.

Deal economics

• At list price, monthly cash flow is $609 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Recommended offer: $107k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 4.0% in Pocono Pines — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 74/100 on livability (#532 in PA, #4,925 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, crime A; Watch: health & safety D, amenities F, commute F.
• Pocono Mountain SD (rural): math 37% / reading 55% proficiency, ranked #245 of 539 in PA (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 247 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 278 units permitted in Monroe County in 2024 (52 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.5%/yr); year-one equity from $761 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Monroe County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-1.5% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $95k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $106,700 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.52% ✓
• Cap rate: 12.93%
• Cash-on-cash: 23.72%
• DSCR: 2.06
• GRM: 5.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-1.47% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.5%
• Equity multiple: 1.91×
• Total profit: $28,163
• Equity at exit: $24,081

10-year hold

• IRR: 26.6%
• Equity multiple: 3.63×
• Total profit: $81,053
• Equity at exit: $23,237

Cash invested: $30,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 18347

• Home prices YoY: -0.7%
• Active inventory: 247
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,675 medium
• Mortgage (P&I): −$577
• Tax from tax record: −$92 /mo · $1,102/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$352
• Net cashflow: $609

Break-even live

Break-even rent $904

Max offer price $110,000

Occupancy floor 59%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
104 Iowa Trl Pocono Lake, PA	2.0	1.0	874	$1,675	$1.92	43d	1	1.17mi

Listing history 15 events

1. 2023-01-25
   soldstatus $95,000
2. 2023-01-20
   soldstatus $95,000 Closed 467-char remark

   Show marketing remark (467 chars)

   This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

3. 2023-01-20
   soldstatus $95,000 Closed 467-char remark

   Show marketing remark (467 chars)

   This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

4. 2023-01-20
   soldstatus $95,000 Closed

   Show marketing remark (467 chars)

   This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

5. 2023-01-20
   soldstatus $95,000

   Show marketing remark (467 chars)

   This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

6. 2023-01-18
   status Pending

   Show marketing remark (467 chars)

   This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

7. 2023-01-18
   status Pending 467-char remark

   Show marketing remark (467 chars)

   This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

8. 2023-01-18
   status Pending

   Show marketing remark (467 chars)

   This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

9. 2022-12-16
   status Active 467-char remark

   Show marketing remark (467 chars)

   This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

10. 2022-12-15
    historical 467-char remark

    Show marketing remark (467 chars)

    This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

11. 2022-12-15
    listed $110,000 Active 467-char remark

    Show marketing remark (467 chars)

    This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

12. 2022-12-15
    listed $110,000 Active 467-char remark

    Show marketing remark (467 chars)

    This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

13. 2022-12-15
    listed $110,000 Active

    Show marketing remark (467 chars)

    This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

14. 2022-12-15
    listed $110,000

    Show marketing remark (467 chars)

    This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

15. 2022-12-15
    listed $110,000 Active

    Show marketing remark (467 chars)

    This is your chance to own a Secluded, hidden and private home with no HOA, on 1 acre of your own land. The home features 3 bedroom and 1 full bath. New flooring throughout, nice deck out back overlooking trees and landscaping, and has a basement and garage below. low maintenance, and low taxes taxes. Close to may of the year round Pocono attractions , such as skiing, lakes, hiking and other outdoor adventures. Comes with a full home warranty at time of closing.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $1,102 · $92/mo
• Projected year-2 tax: $1,420 · $118/mo
• Expected delta: +$318/yr (+$27/mo · 28.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 1/10 Low 7 d/yr ≥89°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,100
• − Mortgage interest: −$6,162
• − Property taxes: −$1,102
• − Insurance: −$550
• − Repairs & maintenance: −$1,608
• − Management: −$1,608
• − Depreciation: −$3,200
• Taxable income: $5,870
• Est. tax owed @ 24.0%: −$1,409
• After-tax cash flow: $5,896/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Pocono Mountain SD
• NCES district ID: 4219500
• Math proficiency: 37% ▼ -5.00%
• Reading proficiency: 55% ▲ 1.00%
• Median HH income: $55,317
• Composite: 39.91/100
• National rank: #3856
• State rank: #245 of 539 in PA

Livability — Pocono Pines

• Score: 74/100
• State rank: #532
• US rank: #4925

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment A+ Housing A Health & safety D User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 595
• Population (ZIP): 3,535

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 164,099 people
• By 2030: 161,412 · -1.6%
• By 2040: 154,616 · -5.8%
• By 2050: 146,710 · -10.6%
• By 2075: 140,830 · -14.2%
• By 2100: 138,472 · -15.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Hispanic / Latino 10% Black 2% Two or more races 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 5%
• Common ancestry: Romanian 16% Lithuanian 2% Slovak 2%
• Foreign-born: 3% · Canada, Jamaica
• Languages at home: 88% English-only · Spanish 6% Other Indo-European 3% French/Haitian/Cajun 1%

Political lean MEDSL · Monroe

• 2024 margin: Toss-up / Even · D 49.1% · R 49.9%
• 2008→2024 swing: -17.1pp toward R · 2008: 16.3pp · 2024: -0.8pp
• All cycles: 2024: R+0.8 2020: D+6.4 2016: D+0.3 2012: D+14.0 2008: D+16.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.47%
• Current HPI: 202.3693
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

-13.6% since first listed

15 events — show timeline

• 2023-01-25 Sold (Public Records) $95,000 Public Records
• 2023-01-20 Sold (MLS) $95,000 PWMLS
• 2023-01-20 Sold (MLS) $95,000 BRIGHT MLS
• 2023-01-20 Sold (MLS) $95,000 PMAR
• 2023-01-20 Sold (MLS) $95,000 PWMLS
• 2023-01-18 Pending — BRIGHT MLS
• 2023-01-18 Pending — PWMLS
• 2023-01-18 Pending — LCAR
• 2022-12-16 Relisted — PWMLS
• 2022-12-15 Delisted — PWMLS
• 2022-12-15 Listed $110,000 LCAR
• 2022-12-15 Listed $110,000 PWMLS
• 2022-12-15 Listed $110,000 BRIGHT MLS
• 2022-12-15 Listed $110,000 PMAR
• 2022-12-15 Listed $110,000 PWMLS

Property tax history

-1.6%/yr

Latest (2026): $1,102 · +3.3% YoY. Source: county tax records.