217 S Lake Dr · East Smithfield, PA 16914

$99,900

2 bd · 1.0 ba · 588 sqft · Other · 5 Days on market

Built 2000 0.72 ac lot

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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 +17.5/30.0
• Appreciation +7.9/10.0
• ARV discount +7.5/15.0
• DSCR +5.4/10.0
• 1% rule +3.6/10.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Rare Opportunity Near Beautiful Lake Ondawa in Bradford Co, PA! Nestled just around the bend from picturesque Lake Ondawa, this charming & fully furnished two-bedroom cabin offers the perfect getaway or year-round retreat. Situated on 0.72 acres, the property combines rustic charm with comfort and convenience. Inside, you'll find a cozy, move-in-ready interior complete with furnishings and a versatile Murphy bed for additional sleeping space. Relax and enjoy the peaceful surroundings from the covered front porch, ideal for morning coffee or after a day at the lake, unwind in the peaceful outdoor setting & enjoy the property's fireside circle perfect for stories and sharing memor

Key facts

• Covered front porch
• Fireside circle
• Murphy bed

Tags

• LAKE ONDAWA
• FULLY FURNISHED
• MURPHY BED
• COVERED FRONT PORCH
• FIRESIDE CIRCLE

Property features AI

Exterior

• Utilities: Well water (private)
• Home design: Single-family residential property
• Construction: Vinyl siding
• Exterior features: Shingle roof

Interior

• Bedrooms: 1 full bathroom
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating
• Interior features: Electric water heater; Total of 4 rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath other listed at $100k.

Deal economics

• At list price, monthly cash flow is $76 ($911/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 $86k (13.8% below list).
• Recommended offer: $86k (13.8% 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.
• Troy Area SD (rural): math 19% / reading 48% proficiency, ranked #427 of 539 in PA (top 79%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 8 active listings in the ZIP; 66 units permitted in Bradford County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($691 loan paydown + $6k appreciation (5.7% local appreciation)).
• Bradford County population projected at -23% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (5.7% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $86,082 (13.8% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 0.86% ✗
• Cap rate: 7.20%
• Cash-on-cash: 3.26%
• DSCR: 1.14
• GRM: 9.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

5.71% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.3%
• Equity multiple: 2.14×
• Total profit: $31,900
• Equity at exit: $60,951

10-year hold

• IRR: 17.2%
• Equity multiple: 4.23×
• Total profit: $90,455
• Equity at exit: $108,969

Cash invested: $27,972 (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 16914

• Home prices YoY: 3.0%
• Active inventory: 8
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $861 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$39 /mo · $463/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$181
• Net cashflow: $76

Break-even live

Break-even rent $765

Max offer price $99,900

Occupancy floor 86%

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-06-04
   statusdays on market $99,900 Pending 5 DOM
2. 2026-06-02
   days on market $99,900 Active 4 DOM
3. 2026-06-01
   days on market $99,900 Active 3 DOM
4. 2026-05-31
   days on market $99,900 Active 2 DOM
5. 2026-05-29
   listed $99,900 Active

ⓘ 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: $463 · $39/mo
• Projected year-2 tax: $1,021 · $85/mo
• Expected delta: +$558/yr (+$46/mo · 120.3%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥93°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,330
• − Mortgage interest: −$5,596
• − Property taxes: −$463
• − Insurance: −$500
• − Repairs & maintenance: −$826
• − Management: −$826
• − Depreciation: −$2,906
• Taxable loss: −$788
• Est. tax savings @ 24.0%: +$189
• After-tax cash flow: $1,100/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: Troy Area SD
• NCES district ID: 4223790
• Math proficiency: 19% ▼ -21.00%
• Reading proficiency: 48% ▼ -14.00%
• Median HH income: $46,987
• Composite: 28.7/100
• National rank: #6690
• State rank: #427 of 539 in PA

Livability — East Smithfield

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

Census & demographics

• City population: 169
• Population (ZIP): 2,415

Population outlook (Bradford County) Hauer SSP2

• Today (2025): 57,236 people
• By 2030: 54,660 · -4.5%
• By 2040: 49,502 · -13.5%
• By 2050: 44,277 · -22.6%
• By 2075: 33,420 · -41.6%
• By 2100: 22,919 · -60.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 2%
• Common ancestry: Romanian 3% Scottish 2% Scotch-Irish 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Bradford

• 2024 margin: Solid R (+47.9) · D 25.6% · R 73.5%
• 2008→2024 swing: -29.5pp toward R · 2008: -18.4pp · 2024: -47.9pp
• All cycles: 2024: R+47.9 2020: R+44.9 2016: R+46.0 2012: R+24.6 2008: R+18.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.71%
• Current HPI: 195.9402
• 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

• 2026-05-29 Listed $99,900 NMPA

Property tax history

+7.3%/yr

Latest (2026): $463 · +4.9% YoY. Source: county tax records.