2041 Candlewood Dr · Penn Estates, PA 18301

$299,999

3 bd · 2.0 ba · 1,080 sqft · SingleFamily public records · 51 Days on market

Built 1990 0.34 ac lot $278/sqft · 21% above area Est $290k · at est. $122/mo HOA · 5% of rent

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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 +9.4/30.0
• ARV discount +5.9/15.0
• Rent growth +5.0/5.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• 1% rule +2.6/10.0
• DSCR +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Dreaming of living your best Pocono life here is a magnificent 4-bedroom, 2-bath home located in the desirable Penn Estates community! This beautifully updated smart home features a gourmet kitchen, renovated bathrooms, and a stunning living room with a cozy fireplace--perfect for relaxing or entertaining. Offering move-in ready convenience, this property is ideal as a primary residence, vacation home, or investment opportunity. Enjoy amenity-filled living with access to pools, lakes, playgrounds, tennis courts, basketball courts, and more. NEW DRIVEWAY! LOW TAXES! Conveniently located just minutes from Route 80 and all local attractions. This is a must-see home!

Key facts

• Renovated bathrooms
• New driveway
• Gourmet kitchen

Tags

• GOURMET KITCHEN
• RENOVATED BATHROOMS
• COZY FIREPLACE
• NEW DRIVEWAY
• LOW TAXES
• CONVENIENTLY LOCATED

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $-215 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $262k (12.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (23.9% below list).
• Recommended offer: $228k (23.9% below list) — sets the bar for 1% rule.
• Cap rate 5.4% vs local median 3.8% in Penn Estates — 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 (#915 in PA) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: health & safety D, schools D-, amenities F.
• Stroudsburg Area SD (suburban): math 33% / reading 49% proficiency, ranked #315 of 539 in PA (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+10.4%/yr); 196 active listings in the ZIP; solid renter incomes; 278 units permitted in Monroe County in 2024 (52 in 5+ unit buildings).
• This rent runs 30% of the median local income ($91k/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 $9k 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.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($291k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 11y ago 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.
• Current owner paid $200k; 50% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $228,281 (23.9% 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 51 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 0.76% ✗
• Cap rate: 5.43%
• Cash-on-cash: -3.07%
• DSCR: 0.86
• GRM: 11.0

CMA / ARV

• ARV (median comp): $289,718
• List price: $299,999
• Delta: 3.55%
• Verdict: FAIR
• Comps: 3 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -16.1%
• Equity multiple: 0.40×
• Total profit: $-50,216
• Equity at exit: $44,731

10-year hold

• IRR: -0.9%
• Equity multiple: 0.92×
• Total profit: $-6,416
• Equity at exit: $25,938

Cash invested: $84,000 (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 18301

• Rents YoY: 10.4%
• Active inventory: 196
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,283 medium
• Mortgage (P&I): −$1,573
• Tax from tax record: −$198 /mo · $2,374/yr
• Insurance: −$125
• HOA: −$122
• Vacancy / Maint / Mgmt: −$479
• Net cashflow: $-215

Break-even live

Break-even rent $2,554

Max offer price $262,089

Occupancy floor —

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: $75,000
• Closing costs: $9,000
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $122 · $1,464/yr
• Likely covers: landscapingpool

Listing history 10 events

1. 2026-05-05
   price $305,000 674-char remark

   Show marketing remark (674 chars)

   Dreaming of living your best Pocono life here is a magnificent 4-bedroom, 2-bath home located in the desirable Penn Estates community! This beautifully updated smart home features a gourmet kitchen, renovated bathrooms, and a stunning living room with a cozy fireplace--perfect for relaxing or entertaining. Offering move-in ready convenience, this property is ideal as a primary residence, vacation home, or investment opportunity. Enjoy amenity-filled living with access to pools, lakes, playgrounds, tennis courts, basketball courts, and more. NEW DRIVEWAY! LOW TAXES! Conveniently located just minutes from Route 80 and all local attractions. This is a must-see home!

2. 2026-04-08
   listed $315,000 Active 674-char remark

   Show marketing remark (674 chars)

   Dreaming of living your best Pocono life here is a magnificent 4-bedroom, 2-bath home located in the desirable Penn Estates community! This beautifully updated smart home features a gourmet kitchen, renovated bathrooms, and a stunning living room with a cozy fireplace--perfect for relaxing or entertaining. Offering move-in ready convenience, this property is ideal as a primary residence, vacation home, or investment opportunity. Enjoy amenity-filled living with access to pools, lakes, playgrounds, tennis courts, basketball courts, and more. NEW DRIVEWAY! LOW TAXES! Conveniently located just minutes from Route 80 and all local attractions. This is a must-see home!

3. 2026-01-01
   listed $322,000 Active
4. 2025-10-07
   price $322,000
5. 2025-08-12
   listed $332,000 Active
6. 2021-11-12
   soldstatus $200,000
7. 2021-11-10
   soldstatus $200,000
8. 2021-10-07
   listed $199,900
9. 2017-01-27
   soldstatus $62,000
10. 2015-05-08
    listed $69,900

ⓘ 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: $2,374 · $198/mo
• Projected year-2 tax: $3,557 · $296/mo
• Expected delta: +$1,183/yr (+$99/mo · 49.9%)

ⓘ 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 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 11% 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: $27,394
• − Mortgage interest: −$16,805
• − Property taxes: −$2,374
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,191
• − Management: −$2,191
• − HOA: −$1,464
• − Depreciation: −$8,727
• Taxable loss: −$7,859
• Est. tax savings @ 24.0%: +$1,886
• After-tax cash flow: $-689/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: Stroudsburg Area SD
• NCES district ID: 4222860
• Math proficiency: 33% ▼ -10.00%
• Reading proficiency: 49% ▼ -15.00%
• Median HH income: $59,061
• Composite: 36.13/100
• National rank: #4747
• State rank: #315 of 539 in PA

Livability — Penn Estates

• Score: 68/100
• State rank: #915
• US rank: #9917

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: Penn Estates, PA
• County: Monroe County · 59,057 people
• Metro: East Stroudsburg, PA
• Population (ZIP): 28,977
• Household income: $90,522
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 672.0

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: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 53% Black 21% Hispanic / Latino 18% Two or more races 10% Asian 2%
• Hispanic origin (detail): Puerto Rican 8% Dominican 3%
• Common ancestry: Romanian 6% Lithuanian 3% Portuguese 1%
• Foreign-born: 12% · Canada, China, Jamaica
• Languages at home: 82% English-only · Spanish 9% Russian/Polish/Slavic 2% Other Indo-European 2%

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: ▼ -109.90%
• Current HPI: 154.4762
• Rent YoY: ▲ 10.44%
• Metro: East Stroudsburg, 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

+336.3% since first listed

10 events — show timeline

• 2026-05-05 Price Changed $305,000 PMAR
• 2026-04-08 Listed $315,000 PMAR
• 2026-01-01 Listed $322,000 PMAR
• 2025-10-07 Price Changed $322,000 PMAR
• 2025-08-12 Listed $332,000 PMAR
• 2021-11-12 Sold (Public Records) $200,000 Public Records
• 2021-11-10 Sold (MLS) $200,000 PMAR
• 2021-10-07 Listed $199,900 PMAR
• 2017-01-27 Sold (MLS) $62,000 PMAR
• 2015-05-08 Listed $69,900 PMAR

Property tax history

-5.7%/yr

Latest (2026): $2,374 · -0.0% YoY. Source: county tax records.