207 Midway Ave · Clarks Summit, PA 18411

$325,000

5 bd · 2.5 ba · 2,200 sqft · SingleFamily · 62 Days on market

Built 1930 0.39 ac lot $148/sqft · at area comps Est $337k · 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 +11.8/30.0
• ARV discount +9.1/15.0
• Schools +5.4/10.0
• Livability +4.2/5.0
• DSCR +3.5/10.0
• 1% rule +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious 5 bedroom 3 bathroom home in Abington Heights School District! New roof, new furnace, new driveway, fresh paint, and a newly remodeled garage. This updated home offers a kitchen equipped with brand new appliances, ginormous living area, a spare room that can be used for office or storage space, and a back deck overlooking the massive yard.

Key facts

• New furnace
• Brand new appliances
• Fresh paint

Tags

• NEW ROOF
• NEW FURNACE
• NEW DRIVEWAY
• FRESH PAINT
• NEWLY REMODELED GARAGE
• BRAND NEW APPLIANCES

What this means for you Summary

Snapshot

• This is a 5-bed/2.5-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $-87 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $312k (3.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $273k (15.9% below list).
• Recommended offer: $273k (15.9% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 3.2% in Clarks Summit — 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 83/100 on livability (#118 in PA, #913 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, employment A+; Watch: amenities F, commute F.
• Abington Heights SD (rural): math 50% / reading 73% proficiency, ranked #56 of 539 in PA (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 13% free/reduced lunch — higher-income household profile.
• Market conditions: 126 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 251 units permitted in Lackawanna County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($99k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Lackawanna County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($306k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 2y ago; this cycle's ask is 10751% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $237k; 37% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $273,286 (15.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.84% ✗
• Cap rate: 5.97%
• Cash-on-cash: -1.15%
• DSCR: 0.95
• GRM: 9.9

CMA / ARV

• ARV (median comp): $336,676
• List price: $325,000
• Delta: -3.47%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
510 Powell Ave	0.21mi	5/2.0	2,035 (-8%)	8mo	$315,000	$155	69
615 Oak Ln	0.52mi	4/2.0 (-1)	2,197 (-0%)	2mo	$367,300	$167	67
98 Electric St Unit L 1	0.15mi	4/2.5 (-1)	2,000 (-9%)	11mo	$450,000	$225	64
1003 Sleepy Hollow Rd	0.39mi	4/2.5 (-1)	2,259 (+3%)	17mo	$413,500	$183	59
1012 Westwood Dr	0.58mi	4/2.5 (-1)	2,122 (-4%)	8mo	$414,000	$195	56
610 Oak Ln	0.55mi	4/2.5 (-1)	2,100 (-4%)	11mo	$350,000	$167	53
823 Hilltop Dr	0.37mi	4/2.0 (-1)	2,410 (+10%)	12mo	$320,000	$133	50
604 Oak Ln	0.54mi	4/2.0 (-1)	1,960 (-11%)	6mo	$367,105	$187	45
210 Carnation Dr	0.64mi	4/2.5 (-1)	2,284 (+4%)	18mo	$289,500	$127	44
323 Knapp Rd	0.51mi	5/3.5	2,493 (+13%)	22mo	$409,000	$164	31

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: -18.2%
• Equity multiple: 0.36×
• Total profit: $-58,167
• Equity at exit: $48,459

10-year hold

• IRR: -10.4%
• Equity multiple: 0.37×
• Total profit: $-57,621
• Equity at exit: $28,100

Cash invested: $91,000 (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 18411

• Active inventory: 126
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,733 medium
• Mortgage (P&I): −$1,704
• Tax est. 1.5%: −$406 /mo · $4,875/yr
• Insurance: −$135
• HOA: −$0
• Vacancy / Maint / Mgmt: −$574
• Net cashflow: $-87

Break-even live

Break-even rent $2,843

Max offer price $312,405

Occupancy floor 98%

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: $81,250
• Closing costs: $9,750
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
410 Shady Lane Rd South Abington Township, PA	4.0	2.0	2560	$3,500	$1.37	13d	1	1.43mi

Listing history 43 events

1. 2026-06-18
   days on market $325,000 Active 62 DOM
2. 2026-06-17
   days on market $325,000 Active 61 DOM
3. 2026-06-16
   days on market $325,000 Active 60 DOM
4. 2026-06-15
   days on market $325,000 Active 59 DOM
5. 2026-06-14
   days on market $325,000 Active 57 DOM
6. 2026-06-13
   pricedays on market $325,000 Active 56 DOM
7. 2026-06-10
   days on market $349,000 Active 54 DOM
8. 2026-06-09
   days on market $349,000 Active 53 DOM
9. 2026-06-08
   days on market $349,000 Active 52 DOM
10. 2026-06-07
    days on market $349,000 Active 51 DOM
11. 2026-06-03
    days on market $349,000 Active 47 DOM
12. 2026-06-02
    pricedays on market $349,000 Active 46 DOM
13. 2026-06-01
    days on market $359,000 Active 45 DOM
14. 2026-05-31
    days on market $359,000 Active 44 DOM
15. 2026-05-30
    days on market $359,000 Active 43 DOM
16. 2026-05-12
    listed $2,995
17. 2026-05-07
    historical $2,950

    Show marketing remark (351 chars)

    Spacious 5 bedroom 3 bathroom home in Abington Heights School District! New roof, new furnace, new driveway, fresh paint, and a newly remodeled garage. This updated home offers a kitchen equipped with brand new appliances, ginormous living area, a spare room that can be used for office or storage space, and a back deck overlooking the massive yard.

18. 2026-05-07
    price $359,000 351-char remark

    Show marketing remark (351 chars)

    Spacious 5 bedroom 3 bathroom home in Abington Heights School District! New roof, new furnace, new driveway, fresh paint, and a newly remodeled garage. This updated home offers a kitchen equipped with brand new appliances, ginormous living area, a spare room that can be used for office or storage space, and a back deck overlooking the massive yard.

19. 2026-04-29
    price $369,000 351-char remark

    Show marketing remark (351 chars)

    Spacious 5 bedroom 3 bathroom home in Abington Heights School District! New roof, new furnace, new driveway, fresh paint, and a newly remodeled garage. This updated home offers a kitchen equipped with brand new appliances, ginormous living area, a spare room that can be used for office or storage space, and a back deck overlooking the massive yard.

20. 2026-04-17
    listed $389,000 Active 351-char remark

    Show marketing remark (351 chars)

    Spacious 5 bedroom 3 bathroom home in Abington Heights School District! New roof, new furnace, new driveway, fresh paint, and a newly remodeled garage. This updated home offers a kitchen equipped with brand new appliances, ginormous living area, a spare room that can be used for office or storage space, and a back deck overlooking the massive yard.

21. 2026-02-25
    listed $2,950
22. 2025-07-09
    historical $2,850
23. 2025-06-10
    price $2,850
24. 2025-04-15
    price $2,950
25. 2025-04-02
    listed $3,100
26. 2024-10-22
    soldstatus $237,000
27. 2024-10-17
    soldstatus $237,000 Closed 387-char remark

    Show marketing remark (387 chars)

    Abington School District!!!Check out this LARGE home featuring 5 bedrooms, 2.5 baths, bonus rooms :foyer, den(1st floor), laundry room (1st floor) gaming room (3rd floor) and GAS heatGaming room could even be a 6th bedroom. Bathroom on each levelNew Vinyl FloorsHardwood is underneathLarge deck and yard, garage with access from the alley. Sold As ISAll measurements and info approximate

28. 2024-10-17
    soldstatus $237,000 Closed

    Show marketing remark (387 chars)

    Abington School District!!!Check out this LARGE home featuring 5 bedrooms, 2.5 baths, bonus rooms :foyer, den(1st floor), laundry room (1st floor) gaming room (3rd floor) and GAS heatGaming room could even be a 6th bedroom. Bathroom on each levelNew Vinyl FloorsHardwood is underneathLarge deck and yard, garage with access from the alley. Sold As ISAll measurements and info approximate

29. 2024-09-26
    status Pending 387-char remark

    Show marketing remark (387 chars)

    Abington School District!!!Check out this LARGE home featuring 5 bedrooms, 2.5 baths, bonus rooms :foyer, den(1st floor), laundry room (1st floor) gaming room (3rd floor) and GAS heatGaming room could even be a 6th bedroom. Bathroom on each levelNew Vinyl FloorsHardwood is underneathLarge deck and yard, garage with access from the alley. Sold As ISAll measurements and info approximate

30. 2024-09-25
    status Active 387-char remark

    Show marketing remark (387 chars)

    Abington School District!!!Check out this LARGE home featuring 5 bedrooms, 2.5 baths, bonus rooms :foyer, den(1st floor), laundry room (1st floor) gaming room (3rd floor) and GAS heatGaming room could even be a 6th bedroom. Bathroom on each levelNew Vinyl FloorsHardwood is underneathLarge deck and yard, garage with access from the alley. Sold As ISAll measurements and info approximate

31. 2024-09-24
    price $267,000
32. 2024-09-24
    status Active
33. 2024-09-21
    historical
34. 2024-06-28
    price $267,000 387-char remark

    Show marketing remark (387 chars)

    Abington School District!!!Check out this LARGE home featuring 5 bedrooms, 2.5 baths, bonus rooms :foyer, den(1st floor), laundry room (1st floor) gaming room (3rd floor) and GAS heatGaming room could even be a 6th bedroom. Bathroom on each levelNew Vinyl FloorsHardwood is underneathLarge deck and yard, garage with access from the alley. Sold As ISAll measurements and info approximate

35. 2024-05-01
    price $272,235
36. 2024-04-29
    price $272,235 387-char remark

    Show marketing remark (387 chars)

    Abington School District!!!Check out this LARGE home featuring 5 bedrooms, 2.5 baths, bonus rooms :foyer, den(1st floor), laundry room (1st floor) gaming room (3rd floor) and GAS heatGaming room could even be a 6th bedroom. Bathroom on each levelNew Vinyl FloorsHardwood is underneathLarge deck and yard, garage with access from the alley. Sold As ISAll measurements and info approximate

37. 2024-04-03
    listed $277,235 Active
38. 2024-04-01
    listed $277,235 Active 387-char remark

    Show marketing remark (387 chars)

    Abington School District!!!Check out this LARGE home featuring 5 bedrooms, 2.5 baths, bonus rooms :foyer, den(1st floor), laundry room (1st floor) gaming room (3rd floor) and GAS heatGaming room could even be a 6th bedroom. Bathroom on each levelNew Vinyl FloorsHardwood is underneathLarge deck and yard, garage with access from the alley. Sold As ISAll measurements and info approximate

39. 2019-07-29
    soldstatus $85,000
40. 2019-07-26
    soldstatus $85,000
41. 2006-08-23
    soldstatus $172,500
42. 2006-08-23
    soldstatus $172,000
43. 1984-05-21
    soldstatus $54,000

ⓘ 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 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥92°F today · 16 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: $32,794
• − Mortgage interest: −$18,205
• − Property taxes: −$4,875
• − Insurance: −$1,625
• − Repairs & maintenance: −$2,624
• − Management: −$2,624
• − Depreciation: −$9,455
• Taxable loss: −$6,612
• Est. tax savings @ 24.0%: +$1,587
• After-tax cash flow: $542/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: Abington Heights SD
• NCES district ID: 4202010
• Math proficiency: 50% ▼ -11.00%
• Reading proficiency: 73% ▼ -6.00%
• Median HH income: $72,490
• Composite: 54.38/100
• National rank: #1358
• State rank: #56 of 539 in PA

Livability — Clarks Summit

• Score: 83/100
• State rank: #118
• US rank: #913

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clarks Summit, PA
• County: Lackawanna County · 134,448 people
• City population: 22,820
• Metro: Scranton--Wilkes-Barre, PA
• Population (ZIP): 22,820
• Household income: $98,824
• Rent vs Own: 20.9% rent · 79.1% own
• Severe rent burden: 409.0

Population outlook (Lackawanna County) Hauer SSP2

• Today (2025): 210,652 people
• By 2030: 208,623 · -1.0%
• By 2040: 203,980 · -3.2%
• By 2050: 201,069 · -4.5%
• By 2075: 205,026 · -2.7%
• By 2100: 210,851 · +0.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Asian 4% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Romanian 11% Scotch-Irish 3% Lithuanian 2%
• Foreign-born: 7% · Canada, South Korea
• Languages at home: 92% English-only · Other Indo-European 3% Other Asian/Pacific 1% Spanish 1%

Political lean MEDSL · Lackawanna

• 2024 margin: Toss-up / Even · D 51.0% · R 48.3%
• 2008→2024 swing: -23.2pp toward R · 2008: 26.0pp · 2024: 2.8pp
• All cycles: 2024: D+2.8 2020: D+8.4 2016: D+3.4 2012: D+27.4 2008: D+26.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -117.03%
• Current HPI: 189.2345
• Rent YoY: —
• Metro: Scranton--Wilkes-Barre, 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

-94.5% since first listed

28 events — show timeline

• 2026-05-12 Listed for Rent $2,995 GSBR
• 2026-05-07 Rental Removed $2,950 GSBR
• 2026-05-07 Price Changed $359,000 GSBR as distributed by MLS GRID
• 2026-04-29 Price Changed $369,000 GSBR as distributed by MLS GRID
• 2026-04-17 Listed $389,000 GSBR as distributed by MLS GRID
• 2026-02-25 Listed for Rent $2,950 GSBR
• 2025-07-09 Rental Removed $2,850 GSBR
• 2025-06-10 Price Changed $2,850 GSBR
• 2025-04-15 Price Changed $2,950 GSBR
• 2025-04-02 Listed for Rent $3,100 GSBR
• 2024-10-22 Sold (Public Records) $237,000 Public Records
• 2024-10-17 Sold (MLS) $237,000 BRIGHT MLS
• 2024-10-17 Sold (MLS) $237,000 GSBR as distributed by MLS GRID
• 2024-09-26 Pending — GSBR as distributed by MLS GRID
• 2024-09-25 Relisted — GSBR as distributed by MLS GRID
• 2024-09-24 Price Changed $267,000 BRIGHT MLS
• 2024-09-24 Relisted — BRIGHT MLS
• 2024-09-21 Listing Removed — BRIGHT MLS
• 2024-06-28 Price Changed $267,000 GSBR as distributed by MLS GRID
• 2024-05-01 Price Changed $272,235 BRIGHT MLS
• 2024-04-29 Price Changed $272,235 GSBR as distributed by MLS GRID
• 2024-04-03 Listed $277,235 BRIGHT MLS
• 2024-04-01 Listed $277,235 GSBR as distributed by MLS GRID
• 2019-07-29 Sold (Public Records) $85,000 Public Records
• 2019-07-26 Sold (MLS) $85,000 GSBR as distributed by MLS GRID
• 2006-08-23 Sold (Public Records) $172,000 Public Records
• 2006-08-23 Sold (MLS) $172,500 GSBR as distributed by MLS GRID
• 1984-05-21 Sold (Public Records) $54,000 Public Records

Property tax history

+31.9%/yr

Latest (2026): $68,848 · +1703.3% YoY. Source: county tax records.