2134 Penny Ln · Pocono Pines, PA 18350

$125,000

2 bd · 1.0 ba · 832 sqft · SingleFamily public records · 36 Days on market

Built 1960 0.25 ac lot $150/sqft · 60% below area

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Why this score? — see what drove the B 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
• ARV discount +7.5/15.0
• Schools +4.0/10.0
• Livability +3.7/5.0
• Appreciation +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Get out your hammers & paint brushes and say hello to your next project! Welcome to 2134 Penny Lane in Pocono Pines, a charming, raised ranch built in 1960. This 2-bedroom, 1-bath home offers a comfortable layout with approximately 1,092 total finished square feet, including 832 square feet on the main level and an additional 260 square feet of unfinished space in the lower level. The main living area features a warm and inviting atmosphere highlighted by a brick-faced fireplace that serves as the focal point of the living and dining space. An enclosed back deck and 4-season room provides additional space to relax and enjoy the surrounding setting. This property includes a combination of hardwood and vinyl flooring throughout, creating both character and durability. Heating is provided by an oil forced hot air system, with an electric hot water heater for added efficiency. Outside, the property is finished with aluminum siding, a gravel driveway, and a two-car garage offering ample parking and storage. With its classic ranch design and desirable Pocono Pines location, this property offers a great opportunity for a primary residence, vacation retreat, or investment in the heart of the Pocono Mountains.

Key facts

• Four season room
• Enclosed back deck
• Aluminum siding

Tags

• BRICK FACED FIREPLACE
• ENCLOSED BACK DECK
• FOUR SEASON ROOM
• HARDWOOD AND VINYL FLOORING
• ALUMINUM SIDING
• GRAVEL DRIVEWAY

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $725 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.3% vs local median 4.0% in Pocono Pines — 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 74/100 on livability (#532 in PA, #4,925 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, crime A; Watch: health & safety D, amenities F, commute F.
• Pocono Mountain SD (rural): math 37% / reading 55% proficiency, ranked #245 of 539 in PA (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 97 active listings in the ZIP; 278 units permitted in Monroe County in 2024 (52 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Monroe County population projected at -11% 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 $35k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 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 $121,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-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?
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: 1.67% ✓
• Cap rate: 13.25%
• Cash-on-cash: 24.85%
• DSCR: 2.11
• GRM: 5.0

CMA / ARV

• ARV (median comp): $315,535
• List price: $125,000
• Delta: -60.38%
• Verdict: UNDERPRICED
• Comps: 13 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
235 3rd St	0.40mi	2/1.0	840 (+1%)	11mo	$274,000	$326	71
2132 Penny Ln	0.01mi	2/1.0	768 (-8%)	23mo	$164,500	$214	68

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: 18.3%
• Equity multiple: 1.74×
• Total profit: $25,983
• Equity at exit: $18,638

10-year hold

• IRR: 26.7%
• Equity multiple: 3.35×
• Total profit: $82,354
• Equity at exit: $10,808

Cash invested: $35,000 (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 18350

• Home prices YoY: -1.4%
• Active inventory: 97
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $2,086 medium
• Mortgage (P&I): −$656
• Tax from tax record: −$216 /mo · $2,587/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $725

Break-even live

Break-even rent $1,169

Max offer price $125,000

Occupancy floor 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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-06-02
   status $125,000 Pending 36 DOM
2. 2026-06-01
   days on market $125,000 Active 36 DOM
3. 2026-05-31
   days on market $125,000 Active 35 DOM
4. 2026-05-30
   days on market $125,000 Active 34 DOM
5. 2026-05-05
   status Active 1226-char remark

   Show marketing remark (1226 chars)

   Get out your hammers & paint brushes and say hello to your next project! Welcome to 2134 Penny Lane in Pocono Pines, a charming, raised ranch built in 1960. This 2-bedroom, 1-bath home offers a comfortable layout with approximately 1,092 total finished square feet, including 832 square feet on the main level and an additional 260 square feet of unfinished space in the lower level. The main living area features a warm and inviting atmosphere highlighted by a brick-faced fireplace that serves as the focal point of the living and dining space. An enclosed back deck and 4-season room provides additional space to relax and enjoy the surrounding setting. This property includes a combination of hardwood and vinyl flooring throughout, creating both character and durability. Heating is provided by an oil forced hot air system, with an electric hot water heater for added efficiency. Outside, the property is finished with aluminum siding, a gravel driveway, and a two-car garage offering ample parking and storage. With its classic ranch design and desirable Pocono Pines location, this property offers a great opportunity for a primary residence, vacation retreat, or investment in the heart of the Pocono Mountains.

6. 2026-05-05
   price $145,000 1226-char remark

   Show marketing remark (1226 chars)

   Get out your hammers & paint brushes and say hello to your next project! Welcome to 2134 Penny Lane in Pocono Pines, a charming, raised ranch built in 1960. This 2-bedroom, 1-bath home offers a comfortable layout with approximately 1,092 total finished square feet, including 832 square feet on the main level and an additional 260 square feet of unfinished space in the lower level. The main living area features a warm and inviting atmosphere highlighted by a brick-faced fireplace that serves as the focal point of the living and dining space. An enclosed back deck and 4-season room provides additional space to relax and enjoy the surrounding setting. This property includes a combination of hardwood and vinyl flooring throughout, creating both character and durability. Heating is provided by an oil forced hot air system, with an electric hot water heater for added efficiency. Outside, the property is finished with aluminum siding, a gravel driveway, and a two-car garage offering ample parking and storage. With its classic ranch design and desirable Pocono Pines location, this property offers a great opportunity for a primary residence, vacation retreat, or investment in the heart of the Pocono Mountains.

7. 2026-03-19
   status Pending 1226-char remark

   Show marketing remark (1226 chars)

   Get out your hammers & paint brushes and say hello to your next project! Welcome to 2134 Penny Lane in Pocono Pines, a charming, raised ranch built in 1960. This 2-bedroom, 1-bath home offers a comfortable layout with approximately 1,092 total finished square feet, including 832 square feet on the main level and an additional 260 square feet of unfinished space in the lower level. The main living area features a warm and inviting atmosphere highlighted by a brick-faced fireplace that serves as the focal point of the living and dining space. An enclosed back deck and 4-season room provides additional space to relax and enjoy the surrounding setting. This property includes a combination of hardwood and vinyl flooring throughout, creating both character and durability. Heating is provided by an oil forced hot air system, with an electric hot water heater for added efficiency. Outside, the property is finished with aluminum siding, a gravel driveway, and a two-car garage offering ample parking and storage. With its classic ranch design and desirable Pocono Pines location, this property offers a great opportunity for a primary residence, vacation retreat, or investment in the heart of the Pocono Mountains.

8. 2026-03-10
   listed $125,000 Active 1226-char remark

   Show marketing remark (1226 chars)

   Get out your hammers & paint brushes and say hello to your next project! Welcome to 2134 Penny Lane in Pocono Pines, a charming, raised ranch built in 1960. This 2-bedroom, 1-bath home offers a comfortable layout with approximately 1,092 total finished square feet, including 832 square feet on the main level and an additional 260 square feet of unfinished space in the lower level. The main living area features a warm and inviting atmosphere highlighted by a brick-faced fireplace that serves as the focal point of the living and dining space. An enclosed back deck and 4-season room provides additional space to relax and enjoy the surrounding setting. This property includes a combination of hardwood and vinyl flooring throughout, creating both character and durability. Heating is provided by an oil forced hot air system, with an electric hot water heater for added efficiency. Outside, the property is finished with aluminum siding, a gravel driveway, and a two-car garage offering ample parking and storage. With its classic ranch design and desirable Pocono Pines location, this property offers a great opportunity for a primary residence, vacation retreat, or investment in the heart of the Pocono Mountains.

ⓘ 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: $2,587 · $216/mo
• Projected year-2 tax: $2,587 · $216/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥90°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 7% 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: $25,035
• − Mortgage interest: −$7,002
• − Property taxes: −$2,587
• − Insurance: −$625
• − Repairs & maintenance: −$2,003
• − Management: −$2,003
• − Depreciation: −$3,636
• Taxable income: $7,179
• Est. tax owed @ 24.0%: −$1,723
• After-tax cash flow: $6,976/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: Pocono Mountain SD
• NCES district ID: 4219500
• Math proficiency: 37% ▼ -5.00%
• Reading proficiency: 55% ▲ 1.00%
• Median HH income: $55,317
• Composite: 39.91/100
• National rank: #3856
• State rank: #245 of 539 in PA

Livability — Pocono Pines

• Score: 74/100
• State rank: #532
• US rank: #4925

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pocono Pines, PA
• City population: 595
• Population (ZIP): 595

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 164,099 people
• By 2030: 161,412 · -1.6%
• By 2040: 154,616 · -5.8%
• By 2050: 146,710 · -10.6%
• By 2075: 140,830 · -14.2%
• By 2100: 138,472 · -15.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Asian 12% Two or more races 5%
• Common ancestry: Romanian 6% Slovak 6% Russian 3%
• Foreign-born: 15% · South Korea
• Languages at home: 82% English-only · Korean 12% Other Indo-European 6%

Political lean MEDSL · Monroe

• 2024 margin: Toss-up / Even · D 49.1% · R 49.9%
• 2008→2024 swing: -17.1pp toward R · 2008: 16.3pp · 2024: -0.8pp
• All cycles: 2024: R+0.8 2020: D+6.4 2016: D+0.3 2012: D+14.0 2008: D+16.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -3.00%
• Current HPI: 215.5562
• 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

+16.0% since first listed

4 events — show timeline

• 2026-05-05 Relisted — PMAR
• 2026-05-05 Price Changed $145,000 PMAR
• 2026-03-19 Pending — PMAR
• 2026-03-10 Listed $125,000 PMAR

Property tax history

+0.8%/yr

Latest (2026): $2,587 · +3.3% YoY. Source: county tax records.