211 Hillside Dr · Hemlock Farms, PA 18428

$189,999

3 bd · 1.0 ba · 864 sqft · SingleFamily public records · 313 Days on market

Built 1967 0.46 ac lot $220/sqft · at area comps Est $207k · 8% under $243/mo HOA · 12% of rent

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Why this score? — see what drove the C+ 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 +18.3/30.0
• ARV discount +11.3/15.0
• Appreciation +10.0/10.0
• 1% rule +6.0/10.0
• DSCR +5.8/10.0
• Schools +4.2/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

HEMLOCK FARMS living for under $200K! Be in for summer! This ONE LEVEL living ranch home is ready for its new owner! With a large wrap around porch, wall AC for summer comfort, three bedrooms and living room fireplace this home is LOW maintenance, LOW taxes and HIGH relaxation in the Poconos! Enjoy all that the community has to offer like indoor pool, tow outdoor pools, a community center, sauna, hot tub, steam room, gym, basketball courts, tennis, pickleball and so much more!

Key facts

• Wrap around porch
• Hot tub
• Community center

Tags

• WRAP AROUND PORCH
• INDOOR POOL
• OUTDOOR POOLS
• COMMUNITY CENTER
• SAUNA
• HOT TUB

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $175 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $167k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#884 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Wallenpaupack Area SD (rural): math 39% / reading 59% proficiency, ranked #192 of 539 in PA (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Wallenpaupack South El Sch (math 47% / reading 52%, grade D, #654 of 1,518 statewide, top 47%, 255 students, 72% FRL); Wallenpaupack Area Ms (math 23% / reading 57%, grade F, #257 of 512 statewide, top 52%, 644 students, 59% FRL); Wallenpaupack Area Hs (math 74% / reading 67%, grade B+, #48 of 437 statewide, top 11%, 990 students, 62% FRL) — zoned schools average 64% FRL vs 44% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 375 active listings in the ZIP; 213 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $20k of equity ($1k loan paydown + $19k appreciation (10.0% local appreciation)).
• Pike County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $53k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 313 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y ago; this cycle's ask has dropped $24k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $65k; list at $190k implies a 192% gain — meaningful room to come down on a strong offer.

Recommended offer $167,199 (12.0% below list)

Questions for the listing agent

1. It's been on market 313 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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.
7. 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.
8. 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: 1.10% ✓
• Cap rate: 7.40%
• Cash-on-cash: 3.96%
• DSCR: 1.18
• GRM: 7.6

CMA / ARV

• ARV (median comp): $207,368
• List price: $189,999
• Delta: -8.38%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
203 Canterbrook Dr	0.62mi	3/1.0	988 (+14%)	6mo	$191,000	$193	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.2%
• Equity multiple: 3.16×
• Total profit: $114,785
• Equity at exit: $171,166

10-year hold

• IRR: 23.8%
• Equity multiple: 7.19×
• Total profit: $329,505
• Equity at exit: $369,126

Cash invested: $53,200 (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 18428

• Home prices YoY: 9.2%
• Active inventory: 375
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $2,097 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$163 /mo · $1,952/yr
• Insurance: −$79
• HOA: −$243
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $175

Break-even live

Break-even rent $1,875

Max offer price $189,999

Occupancy floor 87%

Sensitivity live

Price	-10% $283	-5% $229	+0% $175	+5% $122	+10% $68
Rent	-10% $10	-5% $93	+0% $175	+5% $258	+10% $341
Rate	-1.0pp $271	-0.5pp $224	base $175	+0.5pp $126	+1.0pp $76

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $243 · $2,916/yr
• Likely covers: poolgym

Listing history 24 events

1. 2026-06-21
   days on market $189,999 Active 313 DOM
2. 2026-06-18
   days on market $189,999 Active 310 DOM
3. 2026-06-17
   days on market $189,999 Active 309 DOM
4. 2026-06-16
   days on market $189,999 Active 308 DOM
5. 2026-06-15
   days on market $189,999 Active 307 DOM
6. 2026-06-13
   days on market $189,999 Active 305 DOM
7. 2026-06-13
   days on market $189,999 Active 304 DOM
8. 2026-06-09
   days on market $189,999 Active 301 DOM
9. 2026-06-08
   days on market $189,999 Active 300 DOM
10. 2026-06-07
    days on market $189,999 Active 299 DOM
11. 2026-06-04
    days on market $189,999 Active 296 DOM
12. 2026-06-03
    days on market $189,999 Active 295 DOM
13. 2026-06-02
    days on market $189,999 Active 294 DOM
14. 2026-06-01
    days on market $189,999 Active 293 DOM
15. 2026-05-31
    days on market $189,999 Active 292 DOM
16. 2026-01-31
    status Active 485-char remark

    Show marketing remark (485 chars)

    HEMLOCK FARMS living for under $200K! Be in for summer! This ONE LEVEL living ranch home is ready for its new owner! With a large wrap around porch, wall AC for summer comfort, three bedrooms and living room fireplace this home is LOW maintenance, LOW taxes and HIGH relaxation in the Poconos! Enjoy all that the community has to offer like indoor pool, tow outdoor pools, a community center, sauna, hot tub, steam room, gym, basketball courts, tennis, pickleball and so much more!

17. 2026-01-24
    status Pending 485-char remark

    Show marketing remark (485 chars)

    HEMLOCK FARMS living for under $200K! Be in for summer! This ONE LEVEL living ranch home is ready for its new owner! With a large wrap around porch, wall AC for summer comfort, three bedrooms and living room fireplace this home is LOW maintenance, LOW taxes and HIGH relaxation in the Poconos! Enjoy all that the community has to offer like indoor pool, tow outdoor pools, a community center, sauna, hot tub, steam room, gym, basketball courts, tennis, pickleball and so much more!

18. 2025-11-18
    price $189,999 485-char remark

    Show marketing remark (485 chars)

    HEMLOCK FARMS living for under $200K! Be in for summer! This ONE LEVEL living ranch home is ready for its new owner! With a large wrap around porch, wall AC for summer comfort, three bedrooms and living room fireplace this home is LOW maintenance, LOW taxes and HIGH relaxation in the Poconos! Enjoy all that the community has to offer like indoor pool, tow outdoor pools, a community center, sauna, hot tub, steam room, gym, basketball courts, tennis, pickleball and so much more!

19. 2025-10-01
    price $199,999 485-char remark

    Show marketing remark (485 chars)

    HEMLOCK FARMS living for under $200K! Be in for summer! This ONE LEVEL living ranch home is ready for its new owner! With a large wrap around porch, wall AC for summer comfort, three bedrooms and living room fireplace this home is LOW maintenance, LOW taxes and HIGH relaxation in the Poconos! Enjoy all that the community has to offer like indoor pool, tow outdoor pools, a community center, sauna, hot tub, steam room, gym, basketball courts, tennis, pickleball and so much more!

20. 2025-08-22
    price $204,000 485-char remark

    Show marketing remark (485 chars)

    HEMLOCK FARMS living for under $200K! Be in for summer! This ONE LEVEL living ranch home is ready for its new owner! With a large wrap around porch, wall AC for summer comfort, three bedrooms and living room fireplace this home is LOW maintenance, LOW taxes and HIGH relaxation in the Poconos! Enjoy all that the community has to offer like indoor pool, tow outdoor pools, a community center, sauna, hot tub, steam room, gym, basketball courts, tennis, pickleball and so much more!

21. 2025-08-05
    listed $214,000 Active 485-char remark

    Show marketing remark (485 chars)

    HEMLOCK FARMS living for under $200K! Be in for summer! This ONE LEVEL living ranch home is ready for its new owner! With a large wrap around porch, wall AC for summer comfort, three bedrooms and living room fireplace this home is LOW maintenance, LOW taxes and HIGH relaxation in the Poconos! Enjoy all that the community has to offer like indoor pool, tow outdoor pools, a community center, sauna, hot tub, steam room, gym, basketball courts, tennis, pickleball and so much more!

22. 2017-01-03
    soldstatus $65,000
23. 2016-12-30
    soldstatus $65,000 373-char remark

    Show marketing remark (373 chars)

    Don't miss this Adorable, Cozy, Well Built 3 bedroom 1.5 bath home. Features include Cathedral ceilings, Hard wood Floors, Wood Burning Fireplace, a large Covered Porch and More. The home is in READY TO MOVE IN condition and includes a Furniture Package that is included in the price of the home. , Beds Description: 2+Bed1st, Baths: 2 Bath Lev 1, Eating Area: Dining Area

24. 2015-11-12
    listed $69,900 373-char remark

    Show marketing remark (373 chars)

    Don't miss this Adorable, Cozy, Well Built 3 bedroom 1.5 bath home. Features include Cathedral ceilings, Hard wood Floors, Wood Burning Fireplace, a large Covered Porch and More. The home is in READY TO MOVE IN condition and includes a Furniture Package that is included in the price of the home. , Beds Description: 2+Bed1st, Baths: 2 Bath Lev 1, Eating Area: Dining Area

ⓘ 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: $1,952 · $163/mo
• Projected year-2 tax: $2,477 · $206/mo
• Expected delta: +$525/yr (+$44/mo · 26.9%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥91°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 8% 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: $25,164
• − Mortgage interest: −$10,643
• − Property taxes: −$1,952
• − Insurance: −$950
• − Repairs & maintenance: −$2,013
• − Management: −$2,013
• − HOA: −$2,916
• − Depreciation: −$5,527
• Taxable loss: −$851
• Est. tax savings @ 24.0%: +$204
• After-tax cash flow: $2,309/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: Wallenpaupack Area SD
• NCES district ID: 4224750
• Math proficiency: 39% ▼ -10.00%
• Reading proficiency: 59% ▼ -5.00%
• Median HH income: $51,027
• Composite: 41.97/100
• National rank: #3345
• State rank: #192 of 539 in PA

Livability — Hemlock Farms

• Score: 68/100
• State rank: #884
• US rank: #9421

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hemlock Farms, PA
• Population (ZIP): 12,446

Population outlook (Pike County) Hauer SSP2

• Today (2025): 53,548 people
• By 2030: 51,622 · -3.6%
• By 2040: 46,490 · -13.2%
• By 2050: 40,372 · -24.6%
• By 2075: 31,951 · -40.3%
• By 2100: 26,821 · -49.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 8% Two or more races 6% Black 1% Asian 1%
• Hispanic origin (detail): Puerto Rican 5%
• Common ancestry: Romanian 5% Portuguese 3% Italian 2%
• Foreign-born: 5% · Canada
• Languages at home: 91% English-only · Spanish 5% Russian/Polish/Slavic 1% Other Asian/Pacific 1%

Political lean MEDSL · Pike

• 2024 margin: Strong R (+24.1) · D 37.6% · R 61.6%
• 2008→2024 swing: -19.8pp toward R · 2008: -4.2pp · 2024: -24.1pp
• All cycles: 2024: R+24.1 2020: R+19.0 2016: R+26.0 2012: R+11.0 2008: R+4.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 28.60%
• Current HPI: 340.8254
• 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

+171.8% since first listed

9 events — show timeline

• 2026-01-31 Relisted — PWMLS
• 2026-01-24 Pending — PWMLS
• 2025-11-18 Price Changed $189,999 PWMLS
• 2025-10-01 Price Changed $199,999 PWMLS
• 2025-08-22 Price Changed $204,000 PWMLS
• 2025-08-05 Listed $214,000 PWMLS
• 2017-01-03 Sold (Public Records) $65,000 Public Records
• 2016-12-30 Sold (MLS) $65,000 PWMLS
• 2015-11-12 Listed $69,900 PWMLS

Property tax history

+2.8%/yr

Latest (2026): $1,952 · +3.0% YoY. Source: county tax records.