49 Mohican Path · Lehigh, PA 18424

$119,900

2 bd · 1.0 ba · 1,204 sqft · Manufactured public records · 10 Days on market

Built 2002 0.28 ac lot $47/mo HOA · 3% of rent

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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 +29.0/30.0
• DSCR +10.0/10.0
• Appreciation +9.2/10.0
• 1% rule +7.8/10.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

This could be your very own peaceful retreat away from all of the hustle and bustle of life. This newer home offers 3 bedrooms, 2 full bathrooms, family room, large kitchen, one car garage, and plenty of outdoor space. It is conveniently located close to I84. Come see this unique property and you'll fall in love!, Beds Description: 2+Bed1st, Baths: 2 Bath Lev 1, Eating Area: Modern KT

Key facts

• Private bath
• Single-level living
• 0.28 acre lot

Tags

• POCONO RANCHLANDS COMMUNITY
• SINGLE-LEVEL LIVING
• BRIGHT AND OPEN LAYOUT
• WELL-EQUIPPED KITCHEN
• PRIVATE BATH
• CENTRAL AIR CONDITIONING

Property features AI

Finance

• Other: Located in the Pocono Ranchettes subdivision on a private, privately maintained asphalt road (0.28 acre lot, R-1 residential zoning)
• HOA & community: Homeowners association with annual fee of $561 (about $46.75/month); Association amenities include picnic area and playground; Association fee includes trash and snow removal

Exterior

• Parking: 4 parking spaces total; 1-car garage; 3 open parking spaces; Driveway; Garage faces side; Off-site parking available
• Utilities: Well water; Septic tank; 200+ amp electric service
• Home design: Single wide mobile home; House structure; Vinyl siding
• Construction: Shingle roof; Raised and slab foundation; Brick skirt
• Exterior features: Uncovered courtyard; Garden; Private yard; Storage; Deck; Barn(s); Chain link fencing in front and back yards; Many trees; Meadow; Native plants

Interior

• Kitchen: Electric range; Refrigerator; Dishwasher; Microwave
• Bedrooms: 5 total rooms (includes bedroom count within rooms)
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air; Ceiling fans
• Interior features: Tile counters; Ceiling fans; Unfurnished
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $120k.

Deal economics

• At list price, monthly cash flow is $409 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• 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; 177 units permitted in Wayne County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $11k of equity ($829 loan paydown + $10k 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 $34k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 12y 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 $75k; list at $120k implies a 60% gain — meaningful room to come down on a strong offer.

Recommended offer $119,900

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 1.28% ✓
• Cap rate: 10.38%
• Cash-on-cash: 14.61%
• DSCR: 1.65
• GRM: 6.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 32.2%
• Equity multiple: 3.35×
• Total profit: $78,947
• Equity at exit: $94,828

10-year hold

• IRR: 28.5%
• Equity multiple: 7.25×
• Total profit: $209,961
• Equity at exit: $191,914

Cash invested: $33,572 (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: 6.5×

Monthly cashflow live

• Estimated rent: $1,529 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$74 /mo · $885/yr
• Insurance: −$50
• HOA: −$47
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $409

Break-even live

Break-even rent $1,012

Max offer price $119,900

Occupancy floor 68%

Sensitivity live

Price	-10% $477	-5% $443	+0% $409	+5% $375	+10% $341
Rent	-10% $288	-5% $348	+0% $409	+5% $469	+10% $530
Rate	-1.0pp $469	-0.5pp $439	base $409	+0.5pp $378	+1.0pp $346

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $47 · $564/yr

Listing history 9 events

1. 2026-06-18
   days on market $119,900 Active 10 DOM
2. 2026-06-17
   days on market $119,900 Active 9 DOM
3. 2026-06-16
   days on market $119,900 Active 8 DOM
4. 2026-06-15
   days on market $119,900 Active 7 DOM
5. 2026-06-14
   days on market $119,900 Active 5 DOM
6. 2026-06-13
   days on market $119,900 Active 4 DOM
7. 2026-06-10
   days on market $119,900 Active 2 DOM
8. 2026-06-09
   remarks 699-char remark
9. 2026-06-09
   listed $119,900 Active 1 DOM

ⓘ 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: $885 · $74/mo
• Projected year-2 tax: $1,390 · $116/mo
• Expected delta: +$505/yr (+$42/mo · 57.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 1/10 Low 7 d/yr ≥88°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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,354
• − Mortgage interest: −$6,716
• − Property taxes: −$885
• − Insurance: −$600
• − Repairs & maintenance: −$1,468
• − Management: −$1,468
• − HOA: −$564
• − Depreciation: −$3,488
• Taxable income: $3,164
• Est. tax owed @ 24.0%: −$759
• After-tax cash flow: $4,146/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 — Lehigh

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

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

+242.6% since first listed

6 events — show timeline

• 2026-06-01 Listed $119,900 PMAR
• 2018-12-26 Sold (Public Records) $75,000 Public Records
• 2018-12-15 Sold (MLS) $75,000 PWMLS
• 2018-06-21 Listed $73,950 PWMLS
• 2014-04-11 Listed $89,500 GSBR as distributed by MLS GRID
• 1990-10-26 Sold (Public Records) $35,000 Public Records

Property tax history

+0.5%/yr

Latest (2026): $885 · +3.3% YoY. Source: county tax records.