113 Fawnwood Dr · Lake Wallenpaupack Estates, PA 18426

$239,750

3 bd · 1.0 ba · 1,368 sqft · SingleFamily public records · 41 Days on market

Built 1976 0.86 ac lot $175/sqft · at area comps Est $313k · 23% under $100/mo HOA · 4% 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 +17.1/30.0
• ARV discount +15.0/15.0
• Appreciation +6.6/10.0
• DSCR +5.3/10.0
• 1% rule +4.6/10.0
• Schools +4.2/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Charming Chalet style home with great potential for updates. Tucked in a wooded, rustic community by Lake Wallenpaupack and wallenpaupack River. Perfect weekend escape or year round haven. This home offers 4 bedrooms, 2 bathrooms, wood fireplace, open concept with living and dining room combo, skylights on 2nd floor to brighten the area, nice size loft off of 2nd floor bedrooms, one bedroom on the main floor with full bathroom, front and back decks for enjoying nature and relaxing, peach and apple trees in back yard, shed for toys & tools, newer metal roof on home with warranty transfer, propane heat and wood burning stove for back up, boat docking in the community and boat slip a

Key facts

• Double lot
• Front and back decks
• Newer metal roof

Tags

• FRONT AND BACK DECKS
• NEWER METAL ROOF
• BOAT DOCKING
• DOUBLE LOT
• SHORT JAUNT TO BOAT SLIPS

Property features AI

Finance

• Other: Private paved road with road maintenance agreement; Wooded lot
• HOA & community: Homeowners association (annual fee); Annual association fee of $1,200; Association provides trash service; Community clubhouse; Community pool

Exterior

• Parking: Gravel parking; Other parking surface
• Utilities: Well water; Septic tank; Propane available; Electricity available (200+ amp service); Cable available
• Home design: Single family residence; Bi-level / 1.5 to 2 stories; Slab foundation; Built in 1976
• Construction: T1-11 siding; Composition and wood roof
• Exterior features: Private yard; Storage shed(s); Deck; Indoor pool

Interior

• Kitchen: Electric range; Electric oven; Refrigerator
• Bedrooms: 4 bedrooms total; Primary bedroom with skylight; Two additional bedrooms with skylights/standard lighting; Bonus loft set up as workout/office
• Flooring: Carpet; Laminate; Dirt flooring in some area(s)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Baseboard heating; Electric heating; Wood stove; Ceiling fans for cooling
• Interior features: Ceiling fans; High ceilings; Open floor plan; Skylights; Wood burning freestanding fireplace
• Laundry & utility: Washer; Dryer; Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $167 ($2k/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 $230k (4.1% below list).
• Recommended offer: $230k (4.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• 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.
• Market conditions: 143 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 213 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $9k of equity ($2k loan paydown + $8k appreciation (3.2% 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 (3.2% appreciation + 3.0% rent growth), your $67k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 15y ago; this cycle's ask has dropped $29k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $60k; list at $240k implies a 300% gain — meaningful room to come down on a strong offer.

Recommended offer $230,000 (4.1% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 4% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 0.96% ✗
• Cap rate: 7.13%
• Cash-on-cash: 2.98%
• DSCR: 1.13
• GRM: 8.7

CMA / ARV

• ARV (median comp): $312,744
• List price: $239,750
• Delta: -23.34%
• 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
117 Pickerel Ln	0.41mi	3/2.5	1,362 (-0%)	2mo	$330,000	$242	73
198 Lake Front Dr	0.42mi	3/1.0	1,377 (+1%)	20mo	$279,900	$203	63
102 Hillcrest Dr	0.39mi	3/1.0	1,280 (-6%)	22mo	$325,000	$254	53
141 River Rd	0.54mi	3/2.0	1,355 (-1%)	23mo	$550,000	$406	50
40 Honey Bear Rd	0.61mi	3/2.0	1,296 (-5%)	11mo	$269,900	$208	50

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

Projected returns pro-forma

3.25% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.0%
• Equity multiple: 1.64×
• Total profit: $42,755
• Equity at exit: $111,215

10-year hold

• IRR: 13.0%
• Equity multiple: 2.99×
• Total profit: $133,441
• Equity at exit: $174,097

Cash invested: $67,130 (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 18426

• Home prices YoY: 1.4%
• Active inventory: 143
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,300 medium
• Mortgage (P&I): −$1,257
• Tax from tax record: −$193 /mo · $2,314/yr
• Insurance: −$100
• HOA: −$100
• Vacancy / Maint / Mgmt: −$483
• Net cashflow: $167

Break-even live

Break-even rent $2,089

Max offer price $239,750

Occupancy floor 88%

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: $59,938
• Closing costs: $7,192
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12 Dogwood Ln Lake Ariel, PA	3.0	2.0	1832	$2,300	$1.26	13d	1	0.71mi

HOA detail

• Monthly dues: $100 · $1,200/yr

Listing history 22 events

1. 2026-06-18
   days on market $239,750 Active 41 DOM
2. 2026-06-17
   days on market $239,750 Active 40 DOM
3. 2026-06-16
   days on market $239,750 Active 39 DOM
4. 2026-06-15
   days on market $239,750 Active 38 DOM
5. 2026-06-13
   days on market $239,750 Active 36 DOM
6. 2026-06-13
   pricedays on market $239,750 Active 35 DOM
7. 2026-06-09
   days on market $259,775 Active 32 DOM
8. 2026-06-08
   days on market $259,775 Active 31 DOM
9. 2026-06-07
   days on market $259,775 Active 30 DOM
10. 2026-06-04
    days on market $259,775 Active 27 DOM
11. 2026-06-03
    days on market $259,775 Active 26 DOM
12. 2026-06-02
    days on market $259,775 Active 25 DOM
13. 2026-06-01
    days on market $259,775 Active 24 DOM
14. 2026-05-31
    days on market $259,775 Active 23 DOM
15. 2026-05-08
    listed $268,500 Active 1150-char remark
16. 2025-11-28
    price $270,000
17. 2025-11-03
    status Active
18. 2025-10-07
    price $300,000
19. 2025-06-13
    price $315,000
20. 2025-05-03
    listed $340,000 Active
21. 2011-05-17
    listed $149,700
22. 2000-06-16
    soldstatus $60,000

ⓘ 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: $2,314 · $193/mo
• Projected year-2 tax: $3,051 · $254/mo
• Expected delta: +$737/yr (+$61/mo · 31.8%)

ⓘ 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 2/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥91°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: $27,600
• − Mortgage interest: −$13,430
• − Property taxes: −$2,314
• − Insurance: −$1,199
• − Repairs & maintenance: −$2,208
• − Management: −$2,208
• − HOA: −$1,200
• − Depreciation: −$6,975
• Taxable loss: −$1,933
• Est. tax savings @ 24.0%: +$464
• After-tax cash flow: $2,468/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 — Lake Wallenpaupack Estates

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

Census & demographics

• Census place: Lake Wallenpaupack Estates, PA
• Population (ZIP): 3,426

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 (79%)
• Race & ethnicity: White 79% Two or more races 12% Hispanic / Latino 11% Asian 3% Black 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 3% Dominican 6%
• Common ancestry: Romanian 12% Italian 2% Slovak 2%
• Foreign-born: 4%
• Languages at home: 89% English-only · Spanish 4% Tagalog/Filipino 2% French/Haitian/Cajun 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: ▲ 3.25%
• Current HPI: 236.763
• 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

+299.6% since first listed

10 events — show timeline

• 2026-06-10 Price Changed $239,750 GSBR as distributed by MLS GRID
• 2026-05-30 Price Changed $259,775 GSBR as distributed by MLS GRID
• 2026-05-08 Listed $268,500 GSBR as distributed by MLS GRID
• 2025-11-28 Price Changed $270,000 PWMLS
• 2025-11-03 Relisted — PWMLS
• 2025-10-07 Price Changed $300,000 PWMLS
• 2025-06-13 Price Changed $315,000 PWMLS
• 2025-05-03 Listed $340,000 PWMLS
• 2011-05-17 Listed $149,700 GSBR as distributed by MLS GRID
• 2000-06-16 Sold (Public Records) $60,000 Public Records

Property tax history

+2.7%/yr

Latest (2026): $2,314 · +3.0% YoY. Source: county tax records.