20 Cheyenne Trl · Pocono Springs, PA 18424

$270,000

3 bd · 2.0 ba · 1,149 sqft · Land · 32 Days on market

Built 2025 0.29 ac lot $235/sqft · 33% above area Est $203k · 33% over

---

Why this score? — see what drove the D+ 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 +16.7/30.0
• Appreciation +9.2/10.0
• DSCR +5.2/10.0
• Schools +5.0/10.0
• 1% rule +4.5/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0

Listing remarks MLS

Lot 20 on Cheyenne Trail is a level wooded lot in Pocono Springs, a private gated community off Route 196, not far from Hamlin PA, Newfoundland and I-84 in Wayne County. Pocono Springs offer a club house, heated swimming pool, 133 acre Crystal Lake, basketball, handball, tennis, bocce courts and shuffleboard court. Build your dream home on this gorgeous wooded lot. Pocono Springs Estates are close to restaurants, shopping and things to do in the Pocono Mountains. Setup an appointment today to see this beautiful lot.

Key facts

• Oversized kitchen
• Shingled roof
• 200-amp service

Tags

• OVERSIZED KITCHEN
• 200-AMP SERVICE
• DOUBLE-PANE WINDOWS
• SHINGLED ROOF
• ON-DEMAND ELECTRIC HOT WATER
• HEATED POOL

Property features AI

Exterior

• Parking: No garage; Off-street parking
• Utilities: Well water; Mound septic / septic tank; Electricity connected with 200+ amp service; Sewer connected
• Home design: Single family residence; New construction (2025)
• Construction: Vinyl siding; Shingle roof; Block and pier (pillar/post/pier) foundation; Year built 2025
• Exterior features: Private yard; Front and back yard; Wooded lot; Paved private road frontage

Interior

• Kitchen: Built-in electric range; Stainless steel appliances; Free-standing refrigerator; Dishwasher; Vented exhaust fan
• Bedrooms: 3 bedrooms (Primary bedroom and two additional bedrooms)
• Flooring: Wood flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heat; No central cooling
• Interior features: Eat-in kitchen; Open floorplan; Kitchen island; Entrance foyer; Wired for data / high speed internet

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $270k.

Deal economics

• At list price, monthly cash flow is $168 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $258k (4.6% below list).
• Recommended offer: $258k (4.6% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 5.0% in Pocono Springs — 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 73/100 on livability (#560 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: schools F, amenities F, commute F.
• North Pocono SD (rural): math 45% / reading 71% proficiency, ranked #82 of 539 in PA (top 15%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 299 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 177 units permitted in Wayne County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $25k of equity ($2k loan paydown + $23k appreciation (8.4% local appreciation)).
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (8.4% appreciation + 3.0% rent growth), your $76k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$40k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($262k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 6y 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.

Recommended offer $257,500 (4.6% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.95% ✗
• Cap rate: 7.04%
• Cash-on-cash: 2.67%
• DSCR: 1.12
• GRM: 8.7

CMA / ARV

• ARV (median comp): $203,153
• List price: $270,000
• Delta: 32.90%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

8.45% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 23.0%
• Equity multiple: 2.72×
• Total profit: $129,896
• Equity at exit: $213,542

10-year hold

• IRR: 20.9%
• Equity multiple: 5.89×
• Total profit: $369,529
• Equity at exit: $432,167

Cash invested: $75,600 (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 18424

• Home prices YoY: 2.2%
• Active inventory: 299
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,575 medium
• Mortgage (P&I): −$1,416
• Tax est. 1.5%: −$338 /mo · $4,050/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$541
• Net cashflow: $168

Break-even live

Break-even rent $2,362

Max offer price $270,000

Occupancy floor 88%

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: $67,500
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1121 Cobblewood Rd Newfoundland, PA	4.0	2.0	1469	$2,575	$1.75	7d	1	1.37mi

Listing history 6 events

1. 2026-05-31
   status $270,000 Pending 32 DOM
2. 2026-05-31
   days on market $270,000 Active 32 DOM
3. 2026-05-30
   days on market $270,000 Active 31 DOM
4. 2026-04-24
   listed $280,000 Active 1610-char remark
5. 2020-11-20
   soldstatus 521-char remark

   Show marketing remark (521 chars)

   Lot 20 on Cheyenne Trail is a level wooded lot in Pocono Springs, a private gated community off Route 196, not far from Hamlin PA, Newfoundland and I-84 in Wayne County. Pocono Springs offer a club house, heated swimming pool, 133 acre Crystal Lake, basketball, handball, tennis, bocce courts and shuffleboard court. Build your dream home on this gorgeous wooded lot. Pocono Springs Estates are close to restaurants, shopping and things to do in the Pocono Mountains. Setup an appointment today to see this beautiful lot.

6. 2020-08-27
   listed $2,000 521-char remark

   Show marketing remark (521 chars)

   Lot 20 on Cheyenne Trail is a level wooded lot in Pocono Springs, a private gated community off Route 196, not far from Hamlin PA, Newfoundland and I-84 in Wayne County. Pocono Springs offer a club house, heated swimming pool, 133 acre Crystal Lake, basketball, handball, tennis, bocce courts and shuffleboard court. Build your dream home on this gorgeous wooded lot. Pocono Springs Estates are close to restaurants, shopping and things to do in the Pocono Mountains. Setup an appointment today to see this beautiful lot.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 1/10 Low 7 d/yr ≥88°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,900
• − Mortgage interest: −$15,124
• − Property taxes: −$4,050
• − Insurance: −$1,350
• − Repairs & maintenance: −$2,472
• − Management: −$2,472
• − Depreciation: −$7,855
• Taxable loss: −$2,423
• Est. tax savings @ 24.0%: +$581
• After-tax cash flow: $2,602/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: North Pocono SD
• NCES district ID: 4217310
• Math proficiency: 45% ▼ -9.00%
• Reading proficiency: 71% ▼ -2.00%
• Median HH income: $59,555
• Composite: 50.23/100
• National rank: #1894
• State rank: #82 of 539 in PA

Livability — Pocono Springs

• Score: 73/100
• State rank: #560
• US rank: #5263

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pocono Springs, PA
• Population (ZIP): 5,076

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 47,924 people
• By 2030: 46,191 · -3.6%
• By 2040: 42,815 · -10.7%
• By 2050: 39,873 · -16.8%
• By 2075: 34,556 · -27.9%
• By 2100: 28,358 · -40.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 6% Hispanic / Latino 5% Black 1%
• Hispanic origin (detail): Puerto Rican 2% Dominican 1% Salvadoran 1%
• Common ancestry: Romanian 11% Iranian 6% Scotch-Irish 3%
• Foreign-born: 3% · Canada, Dominican Republic
• Languages at home: 97% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Wayne

• 2024 margin: Solid R (+37.1) · D 31.1% · R 68.2%
• 2008→2024 swing: -24.8pp toward R · 2008: -12.3pp · 2024: -37.1pp
• All cycles: 2024: R+37.1 2020: R+33.6 2016: R+39.7 2012: R+20.9 2008: R+12.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.45%
• Current HPI: 399.903
• 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

+13400.0% since first listed

5 events — show timeline

• 2026-05-31 Pending — GSBR as distributed by MLS GRID
• 2026-05-23 Price Changed $270,000 GSBR as distributed by MLS GRID
• 2026-04-24 Listed $280,000 GSBR as distributed by MLS GRID
• 2020-11-20 Sold (MLS) — PWMLS
• 2020-08-27 Listed $2,000 PWMLS