505 Chipmunk Rd · Pocono Mountain Lake Estates, PA 18324

$199,900

3 bd · 1.0 ba · 976 sqft · Manufactured public records · 4 Days on market

Built 1990 0.67 ac lot $205/sqft · 39% above area Est $235k · 15% under $100/mo HOA · 5% 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 +16.9/30.0
• ARV discount +14.1/15.0
• Appreciation +6.8/10.0
• 1% rule +5.3/10.0
• DSCR +5.2/10.0
• Schools +3.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Escape to the heart of the Pocono Mountains with this charming 2-bedroom raised ranch, perfectly suited as an affordable starter home or a serene vacation retreat. The main level welcomes you with an open floor plan and an updated kitchen that makes meal preparation and entertaining a breeze. You can step directly from the living area onto a beautiful, spacious deck designed for relaxing while surrounded by the quiet beauty of a wooded, private community. Comfort continues on the lower level in the fully finished basement, which significantly expands the home's functional living space. This versatile area features a large recreation room and a dedicated bonus room that works perfectly as a home office or extra guest quarters. A classic coal stove serves as a cozy focal point. For added convenience, the lower level also includes a second full bathroom, ensuring privacy and ease for residents and visitors alike. This property combines modern updates with the rustic charm of mountain living at a price point that is hard to beat in today's market. Whether you are looking for a full-time residence or a weekend getaway, this home offers the lifestyle you have been dreaming of.

Key facts

• Open floor plan
• Dedicated bonus room
• Spacious deck

Tags

• OPEN FLOOR PLAN
• UPDATED KITCHEN
• SPACIOUS DECK
• FULLY FINISHED BASEMENT
• LARGE RECREATION ROOM
• DEDICATED BONUS ROOM

Property features AI

Finance

• HOA & community: Annual association fee of $1,200

Exterior

• Parking: 3-car garage; Driveway parking; Off-street parking
• Utilities: Well water; Septic tank
• Home design: 2-story home; Residential zoning
• Construction: T1-11 siding; Asphalt/fiberglass roof
• Exterior features: Corner lot; Sloped lot

Interior

• Kitchen: Microwave; Refrigerator
• Bedrooms: Total of 6 rooms (bedrooms not itemized)
• Flooring: Carpet; Ceramic tile; Hardwood; Laminate; Resilient; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Baseboard electric heating; Ceiling fans for cooling
• Interior features: Eat-in kitchen; Daylight, full, finished basement
• Laundry & utility: Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath manufactured listed at $200k.

Deal economics

• At list price, monthly cash flow is $131 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).

Location & tenants

• Location reads 60/100 on livability (#1,507 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime A; Watch: schools F, amenities F, commute F.
• East Stroudsburg Area SD (rural): math 25% / reading 43% proficiency, ranked #413 of 539 in PA (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 290 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 $8k of equity ($1k loan paydown + $7k appreciation (3.5% 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 (3.5% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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 $199,900

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. 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. 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.
5. 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.
6. 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: 1.03% ✓
• Cap rate: 7.08%
• Cash-on-cash: 2.80%
• DSCR: 1.12
• GRM: 8.1

CMA / ARV

• ARV (median comp): $234,501
• List price: $199,900
• Delta: -14.76%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

3.51% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.5%
• Equity multiple: 1.68×
• Total profit: $37,911
• Equity at exit: $95,633

10-year hold

• IRR: 13.4%
• Equity multiple: 3.09×
• Total profit: $116,897
• Equity at exit: $152,018

Cash invested: $55,972 (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 18324

• Home prices YoY: 1.5%
• Active inventory: 290
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,050 medium
• Mortgage (P&I): −$1,048
• Tax from tax record: −$257 /mo · $3,086/yr
• Insurance: −$83
• HOA: −$100
• Vacancy / Maint / Mgmt: −$430
• Net cashflow: $131

Break-even live

Break-even rent $1,884

Max offer price $199,900

Occupancy floor 89%

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $100 · $1,200/yr

Listing history 2 events

1. 2026-05-14
   listed $199,900 Active 1189-char remark

   Show marketing remark (1189 chars)

   Escape to the heart of the Pocono Mountains with this charming 2-bedroom raised ranch, perfectly suited as an affordable starter home or a serene vacation retreat. The main level welcomes you with an open floor plan and an updated kitchen that makes meal preparation and entertaining a breeze. You can step directly from the living area onto a beautiful, spacious deck designed for relaxing while surrounded by the quiet beauty of a wooded, private community. Comfort continues on the lower level in the fully finished basement, which significantly expands the home's functional living space. This versatile area features a large recreation room and a dedicated bonus room that works perfectly as a home office or extra guest quarters. A classic coal stove serves as a cozy focal point. For added convenience, the lower level also includes a second full bathroom, ensuring privacy and ease for residents and visitors alike. This property combines modern updates with the rustic charm of mountain living at a price point that is hard to beat in today's market. Whether you are looking for a full-time residence or a weekend getaway, this home offers the lifestyle you have been dreaming of.

2. 2026-05-14
   listed $199,900 Active 1189-char remark

   Show marketing remark (1189 chars)

   Escape to the heart of the Pocono Mountains with this charming 2-bedroom raised ranch, perfectly suited as an affordable starter home or a serene vacation retreat. The main level welcomes you with an open floor plan and an updated kitchen that makes meal preparation and entertaining a breeze. You can step directly from the living area onto a beautiful, spacious deck designed for relaxing while surrounded by the quiet beauty of a wooded, private community. Comfort continues on the lower level in the fully finished basement, which significantly expands the home's functional living space. This versatile area features a large recreation room and a dedicated bonus room that works perfectly as a home office or extra guest quarters. A classic coal stove serves as a cozy focal point. For added convenience, the lower level also includes a second full bathroom, ensuring privacy and ease for residents and visitors alike. This property combines modern updates with the rustic charm of mountain living at a price point that is hard to beat in today's market. Whether you are looking for a full-time residence or a weekend getaway, this home offers the lifestyle you have been dreaming of.

ⓘ 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: $3,086 · $257/mo
• Projected year-2 tax: $3,122 · $260/mo
• Expected delta: +$36/yr (+$3/mo · 1.2%)

ⓘ 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 3/10 Moderate 7 d/yr ≥96°F today · 14 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% 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: $24,600
• − Mortgage interest: −$11,198
• − Property taxes: −$3,086
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,968
• − Management: −$1,968
• − HOA: −$1,200
• − Depreciation: −$5,815
• Taxable loss: −$1,634
• Est. tax savings @ 24.0%: +$392
• After-tax cash flow: $1,961/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: East Stroudsburg Area SD
• NCES district ID: 4208670
• Math proficiency: 25% ▼ -11.00%
• Reading proficiency: 43% ▼ -18.00%
• Median HH income: $57,142
• Composite: 30.13/100
• National rank: #6332
• State rank: #413 of 539 in PA

Livability — Pocono Mountain Lake Estates

• Score: 60/100
• State rank: #1507
• US rank: #19519

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pocono Mountain Lake Estates, PA
• Population (ZIP): 9,591

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: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 47% Hispanic / Latino 26% Black 21% Two or more races 12% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 12% Cuban 3% Dominican 5%
• Common ancestry: Romanian 2% Estonian 1% Lithuanian 1%
• Foreign-born: 19% · Canada, South Korea
• Languages at home: 69% English-only · Spanish 19% Russian/Polish/Slavic 4% French/Haitian/Cajun 3%

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: ▲ 3.51%
• Current HPI: 243.6754
• 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

+0.0% since first listed

4 events — show timeline

• 2026-05-19 Pending — GLVRMLS
• 2026-05-19 Pending — PMAR
• 2026-05-14 Listed $199,900 PMAR
• 2026-05-14 Listed $199,900 GLVRMLS

Property tax history

+1.0%/yr

Latest (2026): $3,086 · +1.6% YoY. Source: county tax records.