195 Nick Ln · East Penn, PA 18235

$119,000

3 bd · 2.0 ba · 1,600 sqft · Manufactured · 34 Days on market

Built 2007 10,454 sqft lot $74/sqft · 24% below area Est $157k · 24% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move-in ready and thoughtfully designed for comfortable single-level living, 195 Nick Lane offers 3 bedrooms, 2 full bathrooms, and approximately 1,600 square feet within the Northside Heights community. The spacious living room opens directly into the eat-in kitchen and dedicated dining area, creating an open and functional layout suited for both everyday living and entertaining. The kitchen features abundant cabinetry, generous counter space, and a center island for added convenience. The split-bedroom floor plan provides privacy between the primary suite and secondary bedrooms. The primary bedroom includes a walk-in closet and private en-suite bathroom complete with a double vanity, soaking tub, and separate shower. Two additional bedrooms share a full hall bathroom, while the dedicated laundry/mudroom with exterior access adds practical everyday functionality. Additional features include central air conditioning, propane forced-air heat, public water and sewer, off-street parking, covered porch space, and a utility shed. Located within the Northside Heights community on a leased lot with current monthly lot rent of $540, which includes water, sewer, trash, and use of community amenities. Buyer subject to park approval and should verify current lot rent, lease terms, and community requirements directly with management. Conveniently located near Lehighton shopping, outdoor recreation, and major routes for commuting and travel.

Key facts

• Primary suite
• Eat-in kitchen
• Split-bedroom design

Tags

• SINGLE-LEVEL LIVING
• SPACIOUS LIVING ROOM
• EAT-IN KITCHEN
• DEDICATED LAUNDRY MUDROOM
• SPLIT-BEDROOM DESIGN
• PRIMARY SUITE

Property features AI

Finance

• Financial info: Land lease: $500 annually (approximately 1 year remaining)
• HOA & community: Community in-ground pool

Exterior

• Parking: Paved driveway with 2 driveway spaces; On-street parking; 2 total garage/parking spaces
• Utilities: Community water; Community septic tank; 200+ amp electric service with circuit breakers; Cable and broadband internet available; Phone service available; Propane available; Municipal trash not provided
• Home design: Manufactured double-wide home; Estimated year built; Building not winterized; Entry on paved, private road; Located in Northside Heights park
• Construction: Vinyl siding; Architectural shingle roof; Slab foundation; Champion make, 14' x 60' (double wide)
• Exterior features: Gutter system; Porch(es); Cleared lot

Interior

• Kitchen: Dishwasher; Gas range/oven; Refrigerator; Microwave; Eat-in kitchen
• Bedrooms: 3 bedrooms on the main level
• Flooring: Laminate plank; Carpet; Vinyl
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Forced air heating; Propane (leased) heating fuel; Central air conditioning; Electric hot water
• Interior features: Dining area; Kitchen island; Master bathroom; Paneled walls
• Laundry & utility: Washer in unit; Dryer in unit; Main floor laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $119k.

Deal economics

• At list price, monthly cash flow is $575 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $119k).
• Recommended offer: $115k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Lehighton Area SD (suburban): math 32% / reading 50% proficiency, ranked #336 of 539 in PA (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Lehighton Area Ms (math 21% / reading 47%, grade F, #334 of 512 statewide, top 67%, 513 students, 52% FRL); Lehighton Area Hs (math 62%, 660 students, 52% FRL).
• Market conditions: 139 active listings in the ZIP; 180 units permitted in Carbon County in 2024 (10 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $823 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Carbon County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $33k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($115k) is reasonable based on typical stale-listing flexibility.
• 7 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.
• Current owner paid $65k; list at $119k implies a 83% gain — meaningful room to come down on a strong offer.

Recommended offer $115,430 (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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.50% ✓
• Cap rate: 12.09%
• Cash-on-cash: 20.72%
• DSCR: 1.92
• GRM: 5.6

CMA / ARV

• ARV (median comp): $156,997
• List price: $119,000
• Delta: -24.20%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
193 Nick Ln	0.03mi	3/2.0	1,680 (+5%)	13mo	$190,000	$113	79
181 Ashley Ln #181	0.09mi	3/2.0	1,568 (-2%)	19mo	$160,000	$102	77
223 Jennifer Ln Lot 223	0.12mi	3/2.0	1,568 (-2%)	21mo	$150,000	$96	74
104 Kaysea Ln Lot 104	0.38mi	3/2.0	1,706 (+7%)	5mo	$165,000	$97	67
86 Sam Brooke Cir Lot 86	0.41mi	3/2.0	1,456 (-9%)	9mo	$160,000	$110	58

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

Projected returns pro-forma

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

5-year hold

• IRR: 13.1%
• Equity multiple: 1.52×
• Total profit: $17,387
• Equity at exit: $17,743

10-year hold

• IRR: 22.0%
• Equity multiple: 2.87×
• Total profit: $62,452
• Equity at exit: $10,289

Cash invested: $33,320 (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 18235

• Home prices YoY: -27.1%
• Active inventory: 139
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,784 medium
• Mortgage (P&I): −$624
• Tax from tax record: −$160 /mo · $1,922/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $575

Break-even live

Break-even rent $1,055

Max offer price $119,000

Occupancy floor 63%

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: $29,750
• Closing costs: $3,570
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $119,000 Active 34 DOM
2. 2026-06-17
   days on market $119,000 Active 33 DOM
3. 2026-06-16
   days on market $119,000 Active 32 DOM
4. 2026-06-15
   days on market $119,000 Active 31 DOM
5. 2026-06-14
   days on market $119,000 Active 29 DOM
6. 2026-06-10
   days on market $119,000 Active 26 DOM
7. 2026-06-09
   days on market $119,000 Active 25 DOM
8. 2026-06-08
   days on market $119,000 Active 24 DOM
9. 2026-06-07
   days on market $119,000 Active 23 DOM
10. 2026-06-03
    days on market $119,000 Active 19 DOM
11. 2026-06-02
    days on market $119,000 Active 18 DOM
12. 2026-06-01
    days on market $119,000 Active 17 DOM
13. 2026-05-31
    days on market $119,000 Active 16 DOM

    Show marketing remark (1452 chars)

    Move-in ready and thoughtfully designed for comfortable single-level living, 195 Nick Lane offers 3 bedrooms, 2 full bathrooms, and approximately 1,600 square feet within the Northside Heights community. The spacious living room opens directly into the eat-in kitchen and dedicated dining area, creating an open and functional layout suited for both everyday living and entertaining. The kitchen features abundant cabinetry, generous counter space, and a center island for added convenience. The split-bedroom floor plan provides privacy between the primary suite and secondary bedrooms. The primary bedroom includes a walk-in closet and private en-suite bathroom complete with a double vanity, soaking tub, and separate shower. Two additional bedrooms share a full hall bathroom, while the dedicated laundry/mudroom with exterior access adds practical everyday functionality. Additional features include central air conditioning, propane forced-air heat, public water and sewer, off-street parking, covered porch space, and a utility shed. Located within the Northside Heights community on a leased lot with current monthly lot rent of $540, which includes water, sewer, trash, and use of community amenities. Buyer subject to park approval and should verify current lot rent, lease terms, and community requirements directly with management. Conveniently located near Lehighton shopping, outdoor recreation, and major routes for commuting and travel.

14. 2026-05-31
    days on market $119,000 Active 15 DOM

    Show marketing remark (1452 chars)

    Move-in ready and thoughtfully designed for comfortable single-level living, 195 Nick Lane offers 3 bedrooms, 2 full bathrooms, and approximately 1,600 square feet within the Northside Heights community. The spacious living room opens directly into the eat-in kitchen and dedicated dining area, creating an open and functional layout suited for both everyday living and entertaining. The kitchen features abundant cabinetry, generous counter space, and a center island for added convenience. The split-bedroom floor plan provides privacy between the primary suite and secondary bedrooms. The primary bedroom includes a walk-in closet and private en-suite bathroom complete with a double vanity, soaking tub, and separate shower. Two additional bedrooms share a full hall bathroom, while the dedicated laundry/mudroom with exterior access adds practical everyday functionality. Additional features include central air conditioning, propane forced-air heat, public water and sewer, off-street parking, covered porch space, and a utility shed. Located within the Northside Heights community on a leased lot with current monthly lot rent of $540, which includes water, sewer, trash, and use of community amenities. Buyer subject to park approval and should verify current lot rent, lease terms, and community requirements directly with management. Conveniently located near Lehighton shopping, outdoor recreation, and major routes for commuting and travel.

15. 2026-05-04
    status Pending 755-char remark

    Show marketing remark (1452 chars)

    Move-in ready and thoughtfully designed for comfortable single-level living, 195 Nick Lane offers 3 bedrooms, 2 full bathrooms, and approximately 1,600 square feet within the Northside Heights community. The spacious living room opens directly into the eat-in kitchen and dedicated dining area, creating an open and functional layout suited for both everyday living and entertaining. The kitchen features abundant cabinetry, generous counter space, and a center island for added convenience. The split-bedroom floor plan provides privacy between the primary suite and secondary bedrooms. The primary bedroom includes a walk-in closet and private en-suite bathroom complete with a double vanity, soaking tub, and separate shower. Two additional bedrooms share a full hall bathroom, while the dedicated laundry/mudroom with exterior access adds practical everyday functionality. Additional features include central air conditioning, propane forced-air heat, public water and sewer, off-street parking, covered porch space, and a utility shed. Located within the Northside Heights community on a leased lot with current monthly lot rent of $540, which includes water, sewer, trash, and use of community amenities. Buyer subject to park approval and should verify current lot rent, lease terms, and community requirements directly with management. Conveniently located near Lehighton shopping, outdoor recreation, and major routes for commuting and travel.

16. 2026-05-04
    status Pending 755-char remark

    Show marketing remark (1452 chars)

    Move-in ready and thoughtfully designed for comfortable single-level living, 195 Nick Lane offers 3 bedrooms, 2 full bathrooms, and approximately 1,600 square feet within the Northside Heights community. The spacious living room opens directly into the eat-in kitchen and dedicated dining area, creating an open and functional layout suited for both everyday living and entertaining. The kitchen features abundant cabinetry, generous counter space, and a center island for added convenience. The split-bedroom floor plan provides privacy between the primary suite and secondary bedrooms. The primary bedroom includes a walk-in closet and private en-suite bathroom complete with a double vanity, soaking tub, and separate shower. Two additional bedrooms share a full hall bathroom, while the dedicated laundry/mudroom with exterior access adds practical everyday functionality. Additional features include central air conditioning, propane forced-air heat, public water and sewer, off-street parking, covered porch space, and a utility shed. Located within the Northside Heights community on a leased lot with current monthly lot rent of $540, which includes water, sewer, trash, and use of community amenities. Buyer subject to park approval and should verify current lot rent, lease terms, and community requirements directly with management. Conveniently located near Lehighton shopping, outdoor recreation, and major routes for commuting and travel.

17. 2026-05-04
    status Pending

    Show marketing remark (1452 chars)

    Move-in ready and thoughtfully designed for comfortable single-level living, 195 Nick Lane offers 3 bedrooms, 2 full bathrooms, and approximately 1,600 square feet within the Northside Heights community. The spacious living room opens directly into the eat-in kitchen and dedicated dining area, creating an open and functional layout suited for both everyday living and entertaining. The kitchen features abundant cabinetry, generous counter space, and a center island for added convenience. The split-bedroom floor plan provides privacy between the primary suite and secondary bedrooms. The primary bedroom includes a walk-in closet and private en-suite bathroom complete with a double vanity, soaking tub, and separate shower. Two additional bedrooms share a full hall bathroom, while the dedicated laundry/mudroom with exterior access adds practical everyday functionality. Additional features include central air conditioning, propane forced-air heat, public water and sewer, off-street parking, covered porch space, and a utility shed. Located within the Northside Heights community on a leased lot with current monthly lot rent of $540, which includes water, sewer, trash, and use of community amenities. Buyer subject to park approval and should verify current lot rent, lease terms, and community requirements directly with management. Conveniently located near Lehighton shopping, outdoor recreation, and major routes for commuting and travel.

18. 2026-04-29
    listed $119,000 Active 755-char remark
19. 2026-04-28
    listed $119,000 Active 755-char remark

    Show marketing remark (755 chars)

    Move-in ready and designed for easy, single-level living, 195 Nick Lane offers 3 bedrooms and 2 full bathrooms within Northside Heights. The layout opens with a spacious living room that flows into an eat-in kitchen and separate dining area, creating a practical and connected living space. A dedicated laundry/mudroom provides additional functionality with direct exterior access. The split-bedroom design offers privacy, with a primary suite featuring its own full bath, while two additional bedrooms share a second full bathroom. Located on a leased lot, this home presents an accessible ownership opportunity with public water and sewer, central air, and off-street parking. Buyers should verify current lot rent and park requirements with management.

20. 2026-04-28
    listed $119,000 Active

    Show marketing remark (755 chars)

    Move-in ready and designed for easy, single-level living, 195 Nick Lane offers 3 bedrooms and 2 full bathrooms within Northside Heights. The layout opens with a spacious living room that flows into an eat-in kitchen and separate dining area, creating a practical and connected living space. A dedicated laundry/mudroom provides additional functionality with direct exterior access. The split-bedroom design offers privacy, with a primary suite featuring its own full bath, while two additional bedrooms share a second full bathroom. Located on a leased lot, this home presents an accessible ownership opportunity with public water and sewer, central air, and off-street parking. Buyers should verify current lot rent and park requirements with management.

21. 2020-09-30
    soldstatus $64,900
22. 2020-08-04
    listed $64,900

ⓘ 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: $1,922 · $160/mo
• Projected year-2 tax: $1,922 · $160/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 4/10 Moderate 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% 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: $21,403
• − Mortgage interest: −$6,666
• − Property taxes: −$1,922
• − Insurance: −$595
• − Repairs & maintenance: −$1,712
• − Management: −$1,712
• − Depreciation: −$3,462
• Taxable income: $5,334
• Est. tax owed @ 24.0%: −$1,280
• After-tax cash flow: $5,623/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: Lehighton Area SD
• NCES district ID: 4213500
• Math proficiency: 32% ▼ -7.00%
• Reading proficiency: 50% ▼ -11.00%
• Median HH income: $51,115
• Composite: 35.36/100
• National rank: #4958
• State rank: #336 of 539 in PA

Livability — East Penn

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 19,121

Population outlook (Carbon County) Hauer SSP2

• Today (2025): 61,643 people
• By 2030: 59,840 · -2.9%
• By 2040: 55,413 · -10.1%
• By 2050: 50,843 · -17.5%
• By 2075: 43,326 · -29.7%
• By 2100: 37,126 · -39.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Romanian 6% Polish 5% Iranian 3%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Spanish 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Carbon

• 2024 margin: Solid R (+34.8) · D 32.2% · R 67.0%
• 2008→2024 swing: -36.7pp toward R · 2008: 1.9pp · 2024: -34.8pp
• All cycles: 2024: R+34.8 2020: R+32.0 2016: R+34.1 2012: R+6.9 2008: D+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -69.77%
• Current HPI: 187.4645
• 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

+83.4% since first listed

13 events — show timeline

• 2026-05-31 Contingent — GLVRMLS
• 2026-05-30 Pending — PMAR
• 2026-05-20 Relisted — PMAR
• 2026-05-20 Relisted — BRIGHT MLS
• 2026-05-20 Relisted — GLVRMLS
• 2026-05-04 Pending — PMAR
• 2026-05-04 Pending — BRIGHT MLS
• 2026-05-04 Pending — GLVRMLS
• 2026-04-29 Listed $119,000 BRIGHT MLS
• 2026-04-28 Listed $119,000 PMAR
• 2026-04-28 Listed $119,000 GLVRMLS
• 2020-09-30 Sold (MLS) $64,900 GLVRMLS
• 2020-08-04 Listed $64,900 GLVRMLS

Property tax history

+1.4%/yr

Latest (2026): $1,922 · +0.8% YoY. Source: county tax records.