138 Swetland St · Duryea, PA 18642

$154,900

2 bd · 2.0 ba · 780 sqft · SingleFamily public records · 86 Days on market

Built 1925 2,613 sqft lot $199/sqft · 6% above area Est $160k · at est.

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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 +16.4/30.0
• ARV discount +8.8/15.0
• DSCR +5.1/10.0
• 1% rule +3.5/10.0
• Livability +3.3/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Why rent when you can own? Don't miss this adorable ranch home in Duryea offering easy, one-level living! This 2-bedroom, 2-bath home features beautiful hardwood floors, a newer gas heating system, and the convenience of first-floor laundry. The layout is both functional and inviting, with two full bathrooms adding extra comfort and flexibility. Step outside to a large, level fenced-in yard--perfect for pets, entertaining, or relaxing--and with the potential to add off-street parking. A must-see home that combines charm, convenience, and value!

Key facts

• First floor laundry
• Level fenced in yard
• One level living

Tags

• ONE LEVEL LIVING
• HARDWOOD FLOORS
• NEWER GAS HEATING SYSTEM
• FIRST FLOOR LAUNDRY
• LEVEL FENCED IN YARD
• OFF STREET PARKING POTENTIAL

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $21 ($255/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 $132k (14.9% below list).
• Recommended offer: $132k (14.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#1,029 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime A, housing B+; Watch: schools D+, amenities F, commute F.
• Pittston Area SD (suburban): math 30% / reading 40% proficiency, ranked #418 of 539 in PA (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 20 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 349 units permitted in Luzerne County in 2024 (16 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Luzerne County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 86 days — a 6% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y ago; this cycle's ask has dropped $9k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $120k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,857 (14.9% below list)

Questions for the listing agent

1. It's been on market 86 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
2. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
8. 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.
9. 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.
10. 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: 0.85% ✗
• Cap rate: 6.97%
• Cash-on-cash: 2.43%
• DSCR: 1.11
• GRM: 9.8

CMA / ARV

• ARV (median comp): $159,606
• List price: $154,900
• Delta: -2.95%
• Verdict: FAIR
• Comps: 16 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
192 Evans St	0.54mi	2/1.0	858 (+10%)	20mo	$75,000	$87	37

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: -15.4%
• Equity multiple: 0.45×
• Total profit: $-23,756
• Equity at exit: $23,096

10-year hold

• IRR: -6.9%
• Equity multiple: 0.56×
• Total profit: $-18,985
• Equity at exit: $13,393

Cash invested: $43,372 (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 18642

• Home prices YoY: -15.5%
• Active inventory: 20
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,319 high
• Mortgage (P&I): −$812
• Tax from tax record: −$77 /mo · $925/yr
• Insurance: −$65
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$277
• Net cashflow: $21

Break-even live

Break-even rent $1,292

Max offer price $154,900

Occupancy floor 93%

Sensitivity live

Price	-10% $109	-5% $65	+0% $21	+5% $-23	+10% $-66
Rent	-10% $-83	-5% $-31	+0% $21	+5% $73	+10% $125
Rate	-1.0pp $99	-0.5pp $61	base $21	+0.5pp $-19	+1.0pp $-60

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: $38,725
• Closing costs: $4,647
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
127 Dickson St Duryea, PA	2.0	1.0	900	$1,200	$1.33	44d	1	0.07mi
230 Swetland St Duryea, PA	2.0	1.0	950	$1,400	$1.47	14d	1	0.14mi
230 Swetland St Duryea, PA	2.0	1.0	1092	$1,400	$1.28	22d	1	0.14mi
962 Wood St Unit 2 Old Forge, PA	2.0	1.0	964	$1,250	$1.30	44d	1	0.98mi
970 Wood St Old Forge, PA	2.0	1.0	768	$1,300	$1.69	14d	1	0.99mi
152 Drakes Ln Old Forge, PA	2.0	1.0	979	$1,700	$1.74	14d	1	1.14mi
864 S Main St #3 Old Forge, PA	2.0	1.0	965	$1,350	$1.40	14d	1	1.19mi
128-130 Henderson St Old Forge, PA	1.0	1.0	900	$1,195	$1.33	22d	1	1.30mi

Listing history 23 events

1. 2026-06-18
   days on market $154,900 Active 86 DOM
2. 2026-06-17
   days on market $154,900 Active 85 DOM
3. 2026-06-16
   days on market $154,900 Active 84 DOM
4. 2026-06-15
   days on market $154,900 Active 83 DOM
5. 2026-06-14
   days on market $154,900 Active 81 DOM
6. 2026-06-13
   pricedays on market $154,900 Active 80 DOM
7. 2026-06-10
   days on market $159,000 Active 78 DOM
8. 2026-06-09
   days on market $159,000 Active 77 DOM
9. 2026-06-08
   days on market $159,000 Active 76 DOM
10. 2026-06-07
    days on market $159,000 Active 75 DOM
11. 2026-06-02
    days on market $159,000 Active 70 DOM
12. 2026-06-01
    days on market $159,000 Active 69 DOM
13. 2026-05-31
    days on market $159,000 Active 68 DOM
14. 2026-05-30
    days on market $159,000 Active 67 DOM
15. 2026-04-25
    price $159,000 550-char remark

    Show marketing remark (550 chars)

    Why rent when you can own? Don't miss this adorable ranch home in Duryea offering easy, one-level living! This 2-bedroom, 2-bath home features beautiful hardwood floors, a newer gas heating system, and the convenience of first-floor laundry. The layout is both functional and inviting, with two full bathrooms adding extra comfort and flexibility. Step outside to a large, level fenced-in yard--perfect for pets, entertaining, or relaxing--and with the potential to add off-street parking. A must-see home that combines charm, convenience, and value!

16. 2026-03-24
    listed $163,900 Active 550-char remark

    Show marketing remark (550 chars)

    Why rent when you can own? Don't miss this adorable ranch home in Duryea offering easy, one-level living! This 2-bedroom, 2-bath home features beautiful hardwood floors, a newer gas heating system, and the convenience of first-floor laundry. The layout is both functional and inviting, with two full bathrooms adding extra comfort and flexibility. Step outside to a large, level fenced-in yard--perfect for pets, entertaining, or relaxing--and with the potential to add off-street parking. A must-see home that combines charm, convenience, and value!

17. 2022-07-13
    soldstatus $120,000
18. 2022-07-08
    soldstatus $120,000 562-char remark

    Show marketing remark (562 chars)

    Must see ranch home in the Duryea with 2 bedrooms & 2 bath. The home features a newer gas heat system, hardwood floors, and a large level lot. You will love having everything on one level including your laundry and taxes under $900!!!, Baths: 2+ Bath Lev 1, Beds: 2+ Bed 1st, SqFt Fin - Main: 850.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, SqFt Fin - 2nd: 0.00, Additional Info: Alley behind house can be used to add off street parking to backyard. Master bed carpeting being replaced and hall bath. plus all doors/trim being painted in 2 weeks.

19. 2022-07-08
    soldstatus $120,000

    Show marketing remark (562 chars)

    Must see ranch home in the Duryea with 2 bedrooms & 2 bath. The home features a newer gas heat system, hardwood floors, and a large level lot. You will love having everything on one level including your laundry and taxes under $900!!!, Baths: 2+ Bath Lev 1, Beds: 2+ Bed 1st, SqFt Fin - Main: 850.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, SqFt Fin - 2nd: 0.00, Additional Info: Alley behind house can be used to add off street parking to backyard. Master bed carpeting being replaced and hall bath. plus all doors/trim being painted in 2 weeks.

20. 2022-05-31
    listed $115,000
21. 2010-04-06
    soldstatus $77,380
22. 2010-03-29
    soldstatus $77,380
23. 2004-11-29
    soldstatus $16,000

ⓘ 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: $925 · $77/mo
• Projected year-2 tax: $1,686 · $141/mo
• Expected delta: +$761/yr (+$63/mo · 82.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X · 78% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥95°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,823
• − Mortgage interest: −$8,677
• − Property taxes: −$925
• − Insurance: −$1,572
• − Repairs & maintenance: −$1,266
• − Management: −$1,266
• − Depreciation: −$4,506
• Taxable loss: −$2,389
• Est. tax savings @ 24.0%: +$573
• After-tax cash flow: $829/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: Pittston Area SD
• NCES district ID: 4219200
• Math proficiency: 30% ▼ -12.00%
• Reading proficiency: 40% ▼ -19.00%
• Median HH income: $45,316
• Composite: 29.86/100
• National rank: #6409
• State rank: #418 of 539 in PA

Livability — Duryea

• Score: 66/100
• State rank: #1029
• US rank: #11458

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Duryea, PA
• City population: 4,469
• Population (ZIP): 4,469

Population outlook (Luzerne County) Hauer SSP2

• Today (2025): 319,505 people
• By 2030: 319,943 · +0.1%
• By 2040: 322,643 · +1.0%
• By 2050: 330,817 · +3.5%
• By 2075: 379,145 · +18.7%
• By 2100: 431,908 · +35.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 21% Two or more races 19%
• Hispanic origin (detail): Mexican 16% Puerto Rican 2%
• Common ancestry: Romanian 20% Scotch-Irish 3% Iranian 2%
• Foreign-born: 7% · Canada
• Languages at home: 82% English-only · Spanish 16%

Political lean MEDSL · Luzerne

• 2024 margin: R (+19.2) · D 40.0% · R 59.2%
• 2008→2024 swing: -27.6pp toward R · 2008: 8.4pp · 2024: -19.2pp
• All cycles: 2024: R+19.2 2020: R+14.4 2016: R+19.6 2012: D+4.8 2008: D+8.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -34.99%
• Current HPI: 190.5926
• 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

+893.8% since first listed

9 events — show timeline

• 2026-04-25 Price Changed $159,000 GSBR as distributed by MLS GRID
• 2026-03-24 Listed $163,900 GSBR as distributed by MLS GRID
• 2022-07-13 Sold (Public Records) $120,000 Public Records
• 2022-07-08 Sold (MLS) $120,000 LCAR
• 2022-07-08 Sold (MLS) $120,000 GSBR as distributed by MLS GRID
• 2022-05-31 Listed $115,000 LCAR
• 2010-04-06 Sold (Public Records) $77,380 Public Records
• 2010-03-29 Sold (MLS) $77,380 GSBR as distributed by MLS GRID
• 2004-11-29 Sold (MLS) $16,000 GSBR as distributed by MLS GRID

Property tax history

+1.9%/yr

Latest (2026): $925 · +0.4% YoY. Source: county tax records.