104 Serling St · Dupont, PA 18641

$117,999

1 bd · 1.5 ba · 960 sqft · SingleFamily public records · 213 Days on market

Built 1920 1,742 sqft lot $123/sqft · 20% below area Est $148k · 20% under

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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 +22.0/30.0
• ARV discount +15.0/15.0
• DSCR +7.0/10.0
• 1% rule +5.2/10.0
• Livability +3.5/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This cozy 1-bedroom home offers a bright and versatile bonus room—perfect for a home office, guest space, or family room. Small in size but full of potential, it's ideal for first-time buyers, downsizers, or anyone seeking low-maintenance living. including off-street parking for 1-2 cars. Conveniently located just 15 minutes from Wilkes-Barre and the airport. Schedule a Showing TODAY!

Key facts

• Bonus room
• Off-street parking
• Conveniently located

Tags

• BONUS ROOM
• OFF-STREET PARKING
• CONVENIENTLY LOCATED

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath single-family listed at $118k.

Deal economics

• At list price, monthly cash flow is $188 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $118k).
• Recommended offer: $104k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#858 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools F, amenities F, commute F.
• Pittston Area SD (suburban): math 30% / reading 40% proficiency, ranked #418 of 539 in PA (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 28 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 349 units permitted in Luzerne County in 2024 (16 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $816 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Luzerne County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 213 days — a 12% lower offer ($104k) is reasonable based on typical stale-listing flexibility.
• 5 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.
• Current owner paid $90k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $103,839 (12.0% below list)

Questions for the listing agent

1. It's been on market 213 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-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. 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.
7. 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.
8. 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: 1.02% ✓
• Cap rate: 8.20%
• Cash-on-cash: 6.81%
• DSCR: 1.30
• GRM: 8.2

CMA / ARV

• ARV (median comp): $148,180
• List price: $117,999
• Delta: -20.37%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
423 Liberty St	0.26mi	2/1.0 (+1)	960 (0%)	23mo	$152,500	$159	62
325 Mclean St	0.52mi	2/1.5 (+1)	924 (-4%)	9mo	$143,500	$155	57
14 Hemlock St	0.43mi	2/1.0 (+1)	897 (-7%)	21mo	$176,000	$196	44

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: -5.9%
• Equity multiple: 0.78×
• Total profit: $-7,193
• Equity at exit: $17,594

10-year hold

• IRR: 3.8%
• Equity multiple: 1.27×
• Total profit: $9,052
• Equity at exit: $10,202

Cash invested: $33,040 (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 18641

• Home prices YoY: -12.4%
• Active inventory: 28
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,200 medium
• Mortgage (P&I): −$619
• Tax from tax record: −$93 /mo · $1,110/yr
• Insurance: −$49
• HOA: −$0
• Vacancy / Maint / Mgmt: −$252
• Net cashflow: $188

Break-even live

Break-even rent $963

Max offer price $117,999

Occupancy floor 79%

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: $29,500
• Closing costs: $3,540
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
609 Main St Apt B Avoca, PA	1.0	1.0	740	$1,200	$1.62	43d	1	0.88mi

Listing history 11 events

1. 2026-05-14
   status Pending 393-char remark

   Show marketing remark (393 chars)

   This cozy 1-bedroom home offers a bright and versatile bonus room—perfect for a home office, guest space, or family room. Small in size but full of potential, it's ideal for first-time buyers, downsizers, or anyone seeking low-maintenance living. including off-street parking for 1-2 cars. Conveniently located just 15 minutes from Wilkes-Barre and the airport. Schedule a Showing TODAY!

2. 2026-04-18
   price $117,999 393-char remark

   Show marketing remark (393 chars)

   This cozy 1-bedroom home offers a bright and versatile bonus room—perfect for a home office, guest space, or family room. Small in size but full of potential, it's ideal for first-time buyers, downsizers, or anyone seeking low-maintenance living. including off-street parking for 1-2 cars. Conveniently located just 15 minutes from Wilkes-Barre and the airport. Schedule a Showing TODAY!

3. 2026-04-18
   status Active 393-char remark

   Show marketing remark (393 chars)

   This cozy 1-bedroom home offers a bright and versatile bonus room—perfect for a home office, guest space, or family room. Small in size but full of potential, it's ideal for first-time buyers, downsizers, or anyone seeking low-maintenance living. including off-street parking for 1-2 cars. Conveniently located just 15 minutes from Wilkes-Barre and the airport. Schedule a Showing TODAY!

4. 2025-09-25
   listed $120,000 Active 393-char remark

   Show marketing remark (393 chars)

   This cozy 1-bedroom home offers a bright and versatile bonus room—perfect for a home office, guest space, or family room. Small in size but full of potential, it's ideal for first-time buyers, downsizers, or anyone seeking low-maintenance living. including off-street parking for 1-2 cars. Conveniently located just 15 minutes from Wilkes-Barre and the airport. Schedule a Showing TODAY!

5. 2025-08-29
   status Active
6. 2025-07-15
   status Active
7. 2025-07-07
   status Pending
8. 2025-06-04
   listed $125,000 Active
9. 2025-05-09
   price $115,000
10. 2025-03-07
    price $126,000
11. 2024-12-02
    soldstatus $90,000

ⓘ 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: $1,110 · $93/mo
• Projected year-2 tax: $1,487 · $124/mo
• Expected delta: +$377/yr (+$31/mo · 34.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥95°F today · 17 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% 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: $14,400
• − Mortgage interest: −$6,610
• − Property taxes: −$1,110
• − Insurance: −$590
• − Repairs & maintenance: −$1,152
• − Management: −$1,152
• − Depreciation: −$3,433
• Taxable income: $353
• Est. tax owed @ 24.0%: −$85
• After-tax cash flow: $2,165/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: Pittston Area SD
• NCES district ID: 4219200
• Math proficiency: 30% ▼ -12.00%
• Reading proficiency: 40% ▼ -19.00%
• Median HH income: $45,316
• Composite: 29.86/100
• National rank: #6409
• State rank: #418 of 539 in PA

Livability — Dupont

• Score: 69/100
• State rank: #858
• US rank: #8997

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dupont, PA
• Population (ZIP): 6,385

Population outlook (Luzerne County) Hauer SSP2

• Today (2025): 319,505 people
• By 2030: 319,943 · +0.1%
• By 2040: 322,643 · +1.0%
• By 2050: 330,817 · +3.5%
• By 2075: 379,145 · +18.7%
• By 2100: 431,908 · +35.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 5% Black 3% Asian 2% Hispanic / Latino 2%
• Common ancestry: Romanian 30% Scotch-Irish 5% Lithuanian 3%
• Foreign-born: 2%
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Luzerne

• 2024 margin: R (+19.2) · D 40.0% · R 59.2%
• 2008→2024 swing: -27.6pp toward R · 2008: 8.4pp · 2024: -19.2pp
• All cycles: 2024: R+19.2 2020: R+14.4 2016: R+19.6 2012: D+4.8 2008: D+8.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -30.02%
• Current HPI: 212.4694
• 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

+31.1% since first listed

11 events — show timeline

• 2026-05-14 Pending — PMAR
• 2026-04-18 Price Changed $117,999 PMAR
• 2026-04-18 Relisted — PMAR
• 2025-09-25 Listed $120,000 PMAR
• 2025-08-29 Relisted — PMAR
• 2025-07-15 Relisted — PMAR
• 2025-07-07 Pending — PMAR
• 2025-06-04 Listed $125,000 PMAR
• 2025-05-09 Price Changed $115,000 LCAR
• 2025-03-07 Price Changed $126,000 LCAR
• 2024-12-02 Sold (Public Records) $90,000 Public Records

Property tax history

+1.6%/yr

Latest (2026): $1,110 · +2.0% YoY. Source: county tax records.