456 Mountain Rd · Indian Mountain Lake, PA 18210

$184,900

2 bd · 1.5 ba · 808 sqft · SingleFamily public records · 4 Days on market

Built 1968 0.38 ac lot $229/sqft · 7% above area Est $212k · 13% under $121/mo HOA · 6% of rent

---

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 +22.7/30.0
• ARV discount +13.3/15.0
• DSCR +7.3/10.0
• 1% rule +6.4/10.0
• Schools +4.0/10.0
• Appreciation +3.6/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Updated 2-bedroom, 1.5-bath ranch with a 1-car garage and circular driveway, ideally located near the clubhouse and main lake in Indian Mountain Lakes. This ranch welcomes you with an open-concept living room and kitchen. The home features new hickory hardwood floors, fresh interior paint, and updated lighting fixtures throughout. Original solid birch doors add character, while the kitchen offers solid birch cabinetry. A propane-ready, stone-faced fireplace serves as a focal point in the main living area. Additional spaces include a dining room, sunroom, two bedrooms, a full bathroom, laundry area, and a convenient half bath. Bedrooms offer generous closet space for ample storage. The home also includes a shallow basement, fully encapsulated with a new pump and dehumidification system--ideal for clean, dry storage of household items. Located in the heart of the Poconos, Indian Mountain Lakes is an amenity-filled community offering 5 lakes, 2 outdoor pools, tennis courts, trash service, and 24-hour security--making it ideal for full-time living, vacation use, or a weekend retreat.

Key facts

• 2 outdoor pools
• 0.38 acre lot
• Garage

Tags

• OPEN-CONCEPT LIVING ROOM
• NEW HICKORY HARDWOOD FLOORS
• SOLID BIRCH CABINETRY
• PROPANE-READY FIREPLACE
• AMENITY-FILLED COMMUNITY
• 2 OUTDOOR POOLS

Property features AI

Finance

• Other: Zoned R1
• HOA & community: Annual association fee of $1,450

Exterior

• Parking: Detached garage; Driveway and off-street parking; 1 garage space
• Utilities: 100-amp electric service with circuit breakers; Well water; Septic tank
• Home design: Single-story home
• Construction: Asphalt/fiberglass roof
• Exterior features: Flat lot

Interior

• Kitchen: Gas oven and gas range; Refrigerator
• Flooring: Laminate flooring; Resilient flooring; Vinyl flooring
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Heat pump; Electric baseboard heating; Central air conditioning
• Interior features: Dining area and separate/formal dining room; Sunroom / three-season room; Crawl space basement
• Laundry & utility: Washer hookup on main level; Dryer hookup on main level; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $319 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $185k).
• Cap rate 8.4% vs local median 4.7% in Indian Mountain Lake — 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 62/100 on livability (#1,349 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools D, health & safety D, amenities 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: 453 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 278 units permitted in Monroe County in 2024 (52 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.9%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 5y 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 $122k; list at $185k implies a 52% gain — meaningful room to come down on a strong offer.

Recommended offer $184,900

Questions for the listing agent

1. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
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: 1.14% ✓
• Cap rate: 8.37%
• Cash-on-cash: 7.40%
• DSCR: 1.33
• GRM: 7.3

CMA / ARV

• ARV (median comp): $212,048
• List price: $184,900
• Delta: -12.80%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
186 Highridge Rd	0.09mi	2/1.0	780 (-4%)	14mo	$178,500	$229	76
93 Iroquois Rd	0.44mi	2/1.0	816 (+1%)	4mo	$202,000	$248	72
188 Evergreen Rd	0.56mi	2/1.0	816 (+1%)	11mo	$230,000	$282	61
404 Mountain Rd	0.23mi	2/1.0	864 (+7%)	20mo	$215,000	$249	59
174 Highridge Rd	0.07mi	3/1.5 (+1)	900 (+11%)	18mo	$145,000	$161	58

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

Projected returns pro-forma

-2.89% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -4.4%
• Equity multiple: 0.83×
• Total profit: $-8,673
• Equity at exit: $28,501

10-year hold

• IRR: 5.1%
• Equity multiple: 1.38×
• Total profit: $19,672
• Equity at exit: $17,592

Cash invested: $51,772 (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 18210

• Home prices YoY: -1.4%
• Active inventory: 453
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,100 medium
• Mortgage (P&I): −$970
• Tax from tax record: −$172 /mo · $2,063/yr
• Insurance: −$77
• HOA: −$121
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $319

Break-even live

Break-even rent $1,696

Max offer price $184,900

Occupancy floor 80%

Sensitivity live

Price	-10% $424	-5% $372	+0% $319	+5% $267	+10% $215
Rent	-10% $154	-5% $236	+0% $319	+5% $402	+10% $485
Rate	-1.0pp $413	-0.5pp $366	base $319	+0.5pp $271	+1.0pp $223

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: $46,225
• Closing costs: $5,547
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
182 Mountain Rd Albrightsville, PA	3.0	1.0	960	$2,100	$2.19	3d	1	1.24mi

HOA detail

• Monthly dues: $121 · $1,452/yr
• Likely covers: trashpoolsecurity

Listing history 9 events

1. 2026-05-05
   status Pending 1096-char remark

   Show marketing remark (1096 chars)

   Updated 2-bedroom, 1.5-bath ranch with a 1-car garage and circular driveway, ideally located near the clubhouse and main lake in Indian Mountain Lakes. This ranch welcomes you with an open-concept living room and kitchen. The home features new hickory hardwood floors, fresh interior paint, and updated lighting fixtures throughout. Original solid birch doors add character, while the kitchen offers solid birch cabinetry. A propane-ready, stone-faced fireplace serves as a focal point in the main living area. Additional spaces include a dining room, sunroom, two bedrooms, a full bathroom, laundry area, and a convenient half bath. Bedrooms offer generous closet space for ample storage. The home also includes a shallow basement, fully encapsulated with a new pump and dehumidification system--ideal for clean, dry storage of household items. Located in the heart of the Poconos, Indian Mountain Lakes is an amenity-filled community offering 5 lakes, 2 outdoor pools, tennis courts, trash service, and 24-hour security--making it ideal for full-time living, vacation use, or a weekend retreat.

2. 2026-05-05
   status Pending 1106-char remark

   Show marketing remark (1096 chars)

   Updated 2-bedroom, 1.5-bath ranch with a 1-car garage and circular driveway, ideally located near the clubhouse and main lake in Indian Mountain Lakes. This ranch welcomes you with an open-concept living room and kitchen. The home features new hickory hardwood floors, fresh interior paint, and updated lighting fixtures throughout. Original solid birch doors add character, while the kitchen offers solid birch cabinetry. A propane-ready, stone-faced fireplace serves as a focal point in the main living area. Additional spaces include a dining room, sunroom, two bedrooms, a full bathroom, laundry area, and a convenient half bath. Bedrooms offer generous closet space for ample storage. The home also includes a shallow basement, fully encapsulated with a new pump and dehumidification system--ideal for clean, dry storage of household items. Located in the heart of the Poconos, Indian Mountain Lakes is an amenity-filled community offering 5 lakes, 2 outdoor pools, tennis courts, trash service, and 24-hour security--making it ideal for full-time living, vacation use, or a weekend retreat.

3. 2026-05-01
   listed $184,900 Active 1096-char remark

   Show marketing remark (1096 chars)

   Updated 2-bedroom, 1.5-bath ranch with a 1-car garage and circular driveway, ideally located near the clubhouse and main lake in Indian Mountain Lakes. This ranch welcomes you with an open-concept living room and kitchen. The home features new hickory hardwood floors, fresh interior paint, and updated lighting fixtures throughout. Original solid birch doors add character, while the kitchen offers solid birch cabinetry. A propane-ready, stone-faced fireplace serves as a focal point in the main living area. Additional spaces include a dining room, sunroom, two bedrooms, a full bathroom, laundry area, and a convenient half bath. Bedrooms offer generous closet space for ample storage. The home also includes a shallow basement, fully encapsulated with a new pump and dehumidification system--ideal for clean, dry storage of household items. Located in the heart of the Poconos, Indian Mountain Lakes is an amenity-filled community offering 5 lakes, 2 outdoor pools, tennis courts, trash service, and 24-hour security--making it ideal for full-time living, vacation use, or a weekend retreat.

4. 2026-05-01
   listed $184,900 Active 1106-char remark

   Show marketing remark (1096 chars)

   Updated 2-bedroom, 1.5-bath ranch with a 1-car garage and circular driveway, ideally located near the clubhouse and main lake in Indian Mountain Lakes. This ranch welcomes you with an open-concept living room and kitchen. The home features new hickory hardwood floors, fresh interior paint, and updated lighting fixtures throughout. Original solid birch doors add character, while the kitchen offers solid birch cabinetry. A propane-ready, stone-faced fireplace serves as a focal point in the main living area. Additional spaces include a dining room, sunroom, two bedrooms, a full bathroom, laundry area, and a convenient half bath. Bedrooms offer generous closet space for ample storage. The home also includes a shallow basement, fully encapsulated with a new pump and dehumidification system--ideal for clean, dry storage of household items. Located in the heart of the Poconos, Indian Mountain Lakes is an amenity-filled community offering 5 lakes, 2 outdoor pools, tennis courts, trash service, and 24-hour security--making it ideal for full-time living, vacation use, or a weekend retreat.

5. 2021-10-25
   soldstatus $121,900
6. 2021-10-20
   soldstatus $121,900

   Show marketing remark (564 chars)

   No more showings. Verbal acceptance of offer. 2 Bedroom, 1.5 bath ranch with one car garage and circle driveway near clubhouse and main lake. House features 3-seasonal room and family room for extra living space. Living room with stone face fireplace insert, eat-in kitchen with access to laundry area and half bathroom. Full bath near two bedrooms. Mud room by the front door entry. Located in heart of Poconos in the community with 5 lakes, 2 pools, tennis ct, garbage pick up and 24 hour security. Needs TLC. Home sold AS IS. Inspection was done only on septic.

7. 2021-10-20
   soldstatus $121,900

   Show marketing remark (564 chars)

   No more showings. Verbal acceptance of offer. 2 Bedroom, 1.5 bath ranch with one car garage and circle driveway near clubhouse and main lake. House features 3-seasonal room and family room for extra living space. Living room with stone face fireplace insert, eat-in kitchen with access to laundry area and half bathroom. Full bath near two bedrooms. Mud room by the front door entry. Located in heart of Poconos in the community with 5 lakes, 2 pools, tennis ct, garbage pick up and 24 hour security. Needs TLC. Home sold AS IS. Inspection was done only on septic.

8. 2021-06-09
   listed $119,900

   Show marketing remark (564 chars)

   No more showings. Verbal acceptance of offer. 2 Bedroom, 1.5 bath ranch with one car garage and circle driveway near clubhouse and main lake. House features 3-seasonal room and family room for extra living space. Living room with stone face fireplace insert, eat-in kitchen with access to laundry area and half bathroom. Full bath near two bedrooms. Mud room by the front door entry. Located in heart of Poconos in the community with 5 lakes, 2 pools, tennis ct, garbage pick up and 24 hour security. Needs TLC. Home sold AS IS. Inspection was done only on septic.

9. 2021-06-09
   listed $119,900

   Show marketing remark (564 chars)

   No more showings. Verbal acceptance of offer. 2 Bedroom, 1.5 bath ranch with one car garage and circle driveway near clubhouse and main lake. House features 3-seasonal room and family room for extra living space. Living room with stone face fireplace insert, eat-in kitchen with access to laundry area and half bathroom. Full bath near two bedrooms. Mud room by the front door entry. Located in heart of Poconos in the community with 5 lakes, 2 pools, tennis ct, garbage pick up and 24 hour security. Needs TLC. Home sold AS IS. Inspection was done only on septic.

ⓘ 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: $2,063 · $172/mo
• Projected year-2 tax: $2,492 · $208/mo
• Expected delta: +$429/yr (+$36/mo · 20.8%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥92°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,200
• − Mortgage interest: −$10,357
• − Property taxes: −$2,063
• − Insurance: −$924
• − Repairs & maintenance: −$2,016
• − Management: −$2,016
• − HOA: −$1,452
• − Depreciation: −$5,379
• Taxable income: $992
• Est. tax owed @ 24.0%: −$238
• After-tax cash flow: $3,595/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 — Indian Mountain Lake

• Score: 62/100
• State rank: #1349
• US rank: #16713

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Indian Mountain Lake, PA
• Population (ZIP): 7,879

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 (69%)
• Race & ethnicity: White 69% Hispanic / Latino 22% Two or more races 11% Black 6% Native American 1% Asian 1%
• Hispanic origin (detail): Puerto Rican 12% Cuban 2% Dominican 1%
• Common ancestry: Romanian 8% Russian 4% Iranian 2%
• Foreign-born: 12% · Canada
• Languages at home: 81% English-only · Spanish 10% Russian/Polish/Slavic 7% Other Indo-European 1%

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: ▼ -2.89%
• Current HPI: 203.8099
• 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

+54.2% since first listed

9 events — show timeline

• 2026-05-05 Pending — PMAR
• 2026-05-05 Pending — GLVRMLS
• 2026-05-01 Listed $184,900 GLVRMLS
• 2026-05-01 Listed $184,900 PMAR
• 2021-10-25 Sold (Public Records) $121,900 Public Records
• 2021-10-20 Sold (MLS) $121,900 GLVRMLS
• 2021-10-20 Sold (MLS) $121,900 PMAR
• 2021-06-09 Listed $119,900 GLVRMLS
• 2021-06-09 Listed $119,900 PMAR

Property tax history

+0.6%/yr

Latest (2026): $2,063 · +3.4% YoY. Source: county tax records.