28 Woodridge Dr Lot 1178 · Lake, PA 18436

$210,000

3 bd · 2.0 ba · 1,362 sqft · SingleFamily · 30 Days on market

Built 1990 Fair condition 0.34 ac lot Est $257k · 18% under $194/mo HOA · 7% of rent

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Why this score? — see what drove the A- 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 +27.9/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +9.9/10.0
• 1% rule +8.8/10.0
• Schools +4.4/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks

This 3-bedroom, 2-bath chalet-style home in the premier Hideout community presents an incredible opportunity to build instant sweat equity! While the home features great bones, it is ready for cosmetic updates--including interior/exterior paint, flooring, a roof power-wash, and modern touches to the kitchen and baths. Step outside to enjoy the front deck, which offers the perfect setting for summer barbecues or morning coffee, all nestled on a Hilltop lot that brings the beauty of nature right to your doorstep. Windows have been added to the porch extending the usefulness well into autumn. Perfectly positioned for year-round recreation, the property is ideally located within walking distan

Key facts

• Front deck
• Hilltop lot
• Indoor tennis

Tags

• FRONT DECK
• HILLTOP LOT
• WALKING DISTANCE TO MAIN LODGE
• WINTER SPORTS COMPLEX
• GOLF COURSE
• INDOOR TENNIS

Property features AI

Finance

• HOA & community: Homeowners association (annual fee; includes security and trash); Association amenities include: pool, clubhouse, fitness center, tennis and basketball courts, playground, marina/beach access, picnic area, game courts, recreation room, meeting/party rooms, sauna, barbecue, ski access, golf course access, dog park, and more

Exterior

• Parking: Gravel parking
• Security: Gated community with guard
• Utilities: Public water; Public sewer; Electricity connected (200+ amp service, circuit breakers); Phone connected
• Home design: Single-family house; One and one-half stories
• Construction: Wood siding; Block foundation; Roof: see remarks; Built as a residential single-family residence
• Exterior features: Deck; Side porch (glass enclosed); Community pool; Sloped lot (slopes up); Access to Roamingwood Lake; Paved, privately maintained road with a road maintenance agreement

Interior

• Kitchen: Dishwasher; Refrigerator; Electric range; Breakfast bar / open layout
• Flooring: See remarks
• Bathrooms: 2 full bathrooms
• Heating & cooling: Baseboard heating (electric); Window air conditioning unit(s)
• Interior features: Breakfast bar; Open floor plan; Cathedral ceilings; Wood-burning fireplace in the living room
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $646 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $210k).
• Recommended offer: $207k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade A — affects rentability + tenant quality, not the cash-flow math above.
• Western Wayne SD (rural): math 39% / reading 63% proficiency, ranked #165 of 539 in PA (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 337 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 177 units permitted in Wayne County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $22k of equity ($1k loan paydown + $21k appreciation (10.0% local appreciation)).
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $59k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.

Recommended offer $206,850 (1.5% below list)

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: 1.38% ✓
• Cap rate: 9.98%
• Cash-on-cash: 13.18%
• DSCR: 1.59
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $257,418
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
894 Deerfield Rd	0.53mi	3/2.0	1,460 (+7%)	3mo	$560,000	$384	60
9 Roamingwood Rd	0.60mi	2/2.0 (-1)	1,342 (-2%)	6mo	$248,000	$185	60
10 Vista Ct	0.35mi	3/2.0	1,205 (-12%)	6mo	$241,700	$201	59
1379 Woodview Ter	0.61mi	3/2.0	1,483 (+9%)	3mo	$164,500	$111	54
134 Deerfield Rd	0.38mi	4/2.0 (+1)	1,536 (+13%)	3mo	$292,000	$190	54
199 Lakeview Dr W	0.43mi	2/2.0 (-1)	1,533 (+13%)	6mo	$250,000	$163	49
646 Lakeview Dr E	0.67mi	4/2.0 (+1)	1,464 (+8%)	8mo	$150,000	$102	45
445 Lakewood Dr	0.73mi	3/1.5	1,512 (+11%)	1mo	$250,000	$165	44
803 Deerfield Rd	0.54mi	4/2.0 (+1)	1,200 (-12%)	9mo	$445,000	$371	42
126 Oak Cir	0.61mi	3/1.0	1,200 (-12%)	8mo	$260,000	$217	41
139 Ridgeview Dr	0.65mi	2/1.0 (-1)	1,526 (+12%)	5mo	$185,000	$121	37
470 Oakwood Ct	0.66mi	4/2.0 (+1)	1,536 (+13%)	8mo	$290,000	$189	36

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 34.0%
• Equity multiple: 3.65×
• Total profit: $155,662
• Equity at exit: $189,185

10-year hold

• IRR: 29.3%
• Equity multiple: 8.25×
• Total profit: $426,380
• Equity at exit: $407,984

Cash invested: $58,800 (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 18436

• Home prices YoY: 16.9%
• Active inventory: 337
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $2,900 medium
• Mortgage (P&I): −$1,101
• Tax est. 1.5%: −$262 /mo · $3,150/yr
• Insurance: −$88
• HOA: −$194
• Vacancy / Maint / Mgmt: −$609
• Net cashflow: $646

Break-even live

Break-even rent $2,083

Max offer price $210,000

Occupancy floor 73%

Sensitivity live

Price	-10% $791	-5% $718	+0% $646	+5% $573	+10% $501
Rent	-10% $417	-5% $531	+0% $646	+5% $760	+10% $875
Rate	-1.0pp $751	-0.5pp $699	base $646	+0.5pp $591	+1.0pp $536

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1148 Golf Park Dr Lake Ariel, PA	3.0	1.0	1210	$2,900	$2.40	25d	1	0.86mi

HOA detail

• Monthly dues: $194 · $2,328/yr

Listing history 16 events

1. 2026-06-18
   days on market $210,000 Active 30 DOM
2. 2026-06-17
   days on market $210,000 Active 29 DOM
3. 2026-06-16
   days on market $210,000 Active 28 DOM
4. 2026-06-15
   days on market $210,000 Active 27 DOM
5. 2026-06-14
   days on market $210,000 Active 25 DOM
6. 2026-06-13
   pricedays on market $210,000 Active 24 DOM
7. 2026-06-10
   days on market $220,000 Active 22 DOM
8. 2026-06-09
   days on market $220,000 Active 21 DOM
9. 2026-06-08
   days on market $220,000 Active 20 DOM
10. 2026-06-07
    days on market $220,000 Active 19 DOM
11. 2026-06-03
    days on market $220,000 Active 15 DOM
12. 2026-06-02
    days on market $220,000 Active 14 DOM
13. 2026-06-01
    days on market $220,000 Active 13 DOM
14. 2026-05-31
    days on market $220,000 Active 12 DOM
15. 2026-05-30
    days on market $220,000 Active 11 DOM
16. 2026-05-18
    listed $220,000 Active

ⓘ 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 ≥91°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 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,800
• − Mortgage interest: −$11,763
• − Property taxes: −$3,150
• − Insurance: −$1,050
• − Repairs & maintenance: −$2,784
• − Management: −$2,784
• − HOA: −$2,328
• − Depreciation: −$6,109
• Taxable income: $4,832
• Est. tax owed @ 24.0%: −$1,160
• After-tax cash flow: $6,589/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 · 30 photos

Fair 45/100 Cosmetic rehab

This chalet-style home in The Hideout community is in fair condition with cosmetic updates needed. The deck requires major repairs, and the kitchen and bathrooms need updates. Painting and updating the kitchen and bathrooms would significantly increase its value.

Repairs flagged

• Major deck — severe damage and rot
• Moderate kitchen cabinets — dated and worn
• Moderate bathroom fixtures — outdated and worn

Value-add opportunities

• Both paint interior and exterior — enhances curb appeal and interior aesthetics
• Both replace damaged deck — improves safety and enhances curb appeal
• Both update kitchen cabinets and fixtures — modernizes the space and improves functionality
• Both update bathroom fixtures — modernizes the space and improves functionality

Renovation cost estimate screening

Repair item	Severity	Est. cost
deck · severe damage and rot	Major	$15,000–50,000
kitchen cabinets · dated and worn	Moderate	$3,000–15,000
bathroom fixtures · outdated and worn	Moderate	$3,000–15,000
Total estimated repair cost · 3 items		$21,000–80,000

Value-add ROI direction

• Both paint interior and exterior — enhances curb appeal and interior aesthetics ↑
• Both replace damaged deck — improves safety and enhances curb appeal ↑
• Both update kitchen cabinets and fixtures — modernizes the space and improves functionality ↑
• Both update bathroom fixtures — modernizes the space and improves functionality ↑

ⓘ 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: Western Wayne SD
• NCES district ID: 4226070
• Math proficiency: 39% ▼ -12.00%
• Reading proficiency: 63% ▼ -6.00%
• Median HH income: $51,358
• Composite: 43.65/100
• National rank: #2964
• State rank: #165 of 539 in PA

Livability — Lake

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

Census & demographics

• Census place: The Hideout, PA
• Population (ZIP): 13,225

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 47,924 people
• By 2030: 46,191 · -3.6%
• By 2040: 42,815 · -10.7%
• By 2050: 39,873 · -16.8%
• By 2075: 34,556 · -27.9%
• By 2100: 28,358 · -40.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 9% Scotch-Irish 2% Iranian 2%
• Foreign-born: 4%
• Languages at home: 95% English-only · French/Haitian/Cajun 2% Russian/Polish/Slavic 1% Spanish 1%

Political lean MEDSL · Wayne

• 2024 margin: Solid R (+37.1) · D 31.1% · R 68.2%
• 2008→2024 swing: -24.8pp toward R · 2008: -12.3pp · 2024: -37.1pp
• All cycles: 2024: R+37.1 2020: R+33.6 2016: R+39.7 2012: R+20.9 2008: R+12.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 47.95%
• Current HPI: 331.9645
• 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

1 event — show timeline

• 2026-05-18 Listed $220,000 PWMLS