110 Antler Ln · Hemlock Farms, PA 18337

$62,900

3 bd · 1.0 ba · 400 sqft · SingleFamily · 3 Days on market

Built 1990 Fair condition 4,792 sqft lot Est $44k · 42% over $233/mo HOA · 12% of rent

---

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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.7/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

1479 ANTLER LANE (911 110 Antler Lane) Update park model with updates throughout like paint, flooring, electric fireplace and U shaped quiet AC. The park model has two full bedrooms and a loft for the little ones. There is also a rustic high ceiling permanent screen room attached to the camper. $62,900.00

Key facts

• Electric fireplace
• 4,792 sq ft lot
• Built 1990

Tags

• ELECTRIC FIREPLACE
• HIGH CEILING SCREEN ROOM

Property features AI

Finance

• Other: Annual tax amount reported as $240.91
• HOA & community: Has a homeowners association with an annual fee of $2,800 (about $233.33/month)

Exterior

• Utilities: Zoned Commercial
• Home design: Residential property listed as Vacation RV/Trailer
• Construction: About 400 above-grade finished area
• Exterior features: Located in the Lake Adventure subdivision; Directions: From the front gate take Village Blvd to Village Dr West merging left. Take Village Dr West to Big Bass Dr. Take a left on Big Bass Dr. At the next stop sign Creek View Dr take a right on Creek View then take the immediate left on Deer Run. Proceed to the second right which is Antler Lane turning right onto Antler. The property is the 4th property on the left.

Interior

• Bathrooms: One full bathroom
• Interior features: Total of 5 rooms; 1 full bathroom

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $63k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $820 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $63k).
• Cap rate 21.9% vs local median 6.9% in Hemlock Farms — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#884 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: schools C-, amenities F, commute F.
• Delaware Valley SD (rural): math 41% / reading 66% proficiency, ranked #121 of 539 in PA (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 298 active listings in the ZIP; solid renter incomes; 213 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $435 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Pike County population projected at -25% 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 $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $62,900

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 2.99% ✓
• Cap rate: 21.93%
• Cash-on-cash: 55.86%
• DSCR: 3.49
• GRM: 2.8

CMA / ARV

• ARV (on-the-fly): $44,400
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
122 Antler Ln Unit 122 Antler Lane	0.05mi	2/1.0 (-1)	400 (0%)	16mo	$35,000	$88	79
126 Deer Run	0.18mi	2/1.0 (-1)	400 (0%)	10mo	$109,000	$273	79
165 Deer Run	0.03mi	2/1.0 (-1)	353 (-12%)	7mo	$55,500	$157	68
136 Birchy Brook Dr	0.63mi	3/1.0	400 (0%)	12mo	$58,000	$145	60
183 Big Bass Dr	0.20mi	2/1.0 (-1)	360 (-10%)	11mo	$22,500	$63	60
224 Locust Lake Dr	0.41mi	2/1.0 (-1)	360 (-10%)	2mo	$40,000	$111	58
154 Village Dr W	0.68mi	2/1.0 (-1)	400 (0%)	10mo	$40,000	$100	55
102 Lake Dr N #1772	0.74mi	2/1.0 (-1)	385 (-4%)	8mo	$91,500	$238	48
216 Village Dr W	0.56mi	2/1.0 (-1)	345 (-14%)	7mo	$62,000	$180	40
121 Birchy Brook Dr	0.66mi	2/1.0 (-1)	340 (-15%)	3mo	$36,000	$106	37
142 Dingman Dr	0.49mi	2/1.5 (-1)	350 (-12%)	16mo	$28,500	$81	36
129 Locust Lake Dr	0.70mi	2/1.5 (-1)	350 (-12%)	12mo	$39,000	$111	29

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: 54.3%
• Equity multiple: 3.40×
• Total profit: $42,193
• Equity at exit: $9,379

10-year hold

• IRR: 59.5%
• Equity multiple: 6.94×
• Total profit: $104,672
• Equity at exit: $5,438

Cash invested: $17,612 (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 18337

• Home prices YoY: -22.0%
• Active inventory: 298
• Price-to-rent: 2.8×

Monthly cashflow live

• Estimated rent: $1,883 medium
• Mortgage (P&I): −$330
• Tax est. 1.5%: −$79 /mo · $944/yr
• Insurance: −$26
• HOA: −$233
• Vacancy / Maint / Mgmt: −$395
• Net cashflow: $820

Break-even live

Break-even rent $845

Max offer price $62,900

Occupancy floor 51%

Sensitivity live

Price	-10% $863	-5% $842	+0% $820	+5% $798	+10% $776
Rent	-10% $671	-5% $745	+0% $820	+5% $894	+10% $969
Rate	-1.0pp $851	-0.5pp $836	base $820	+0.5pp $804	+1.0pp $787

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: $15,725
• Closing costs: $1,887
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $233 · $2,796/yr
• Likely covers: electric

Listing history 3 events

1. 2026-06-21
   days on market $62,900 Active 3 DOM
2. 2026-06-18
   remarks 306-char remark
3. 2026-06-18
   listed $62,900 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 2/10 Low 7 d/yr ≥91°F today · 15 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: $22,595
• − Mortgage interest: −$3,523
• − Property taxes: −$944
• − Insurance: −$314
• − Repairs & maintenance: −$1,808
• − Management: −$1,808
• − HOA: −$2,796
• − Depreciation: −$1,830
• Taxable income: $9,573
• Est. tax owed @ 24.0%: −$2,297
• After-tax cash flow: $7,540/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This park model home requires moderate repairs and maintenance, including painting and flooring replacement, to improve its condition and value.

Repairs flagged

• Minor Kitchen countertops — Worn appearance
• Minor Bathroom fixtures — Worn appearance
• Moderate Exterior paint — Peeling in some areas
• Moderate Interior paint — Peeling in some areas

Value-add opportunities

• Both Painting throughout — Fresh paint can improve the home's curb appeal and interior aesthetics.
• Both Flooring replacement — Replacing worn flooring can improve the home's appearance and functionality.
• Both HVAC maintenance — Maintaining the HVAC system ensures comfort and energy efficiency, which is important for both resale and rental value.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen countertops · Worn appearance	Minor	$500–3,000
Bathroom fixtures · Worn appearance	Minor	$500–3,000
Exterior paint · Peeling in some areas	Moderate	$3,000–15,000
Interior paint · Peeling in some areas	Moderate	$3,000–15,000
Total estimated repair cost · 4 items		$7,000–36,000

Value-add ROI direction

• Both Painting throughout — Fresh paint can improve the home's curb appeal and interior aesthetics. ↑
• Both Flooring replacement — Replacing worn flooring can improve the home's appearance and functionality. ↑
• Both HVAC maintenance — Maintaining the HVAC system ensures comfort and energy efficiency, which is important for both resale and rental value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Delaware Valley SD
• NCES district ID: 4207530
• Math proficiency: 41% ▼ -12.00%
• Reading proficiency: 66% ▼ -9.00%
• Median HH income: $64,202
• Composite: 46.95/100
• National rank: #2359
• State rank: #121 of 539 in PA

Livability — Hemlock Farms

• Score: 68/100
• State rank: #884
• US rank: #9421

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Pike County · 15,799 people
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 15,799
• Household income: $93,149
• Rent vs Own: 14.2% rent · 85.8% own
• Severe rent burden: 275.0

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 (82%)
• Race & ethnicity: White 82% Hispanic / Latino 10% Two or more races 7% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4% Cuban 1%
• Common ancestry: Romanian 6% Iranian 2% Portuguese 2%
• Foreign-born: 6% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 6% Russian/Polish/Slavic 2% German/W. Germanic 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: ▼ -54.81%
• Current HPI: 194.0604
• Rent YoY: —
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• 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

1 event — show timeline

• 2026-06-15 Listed $62,900 PWMLS