110 Chenango Dr Lot 3806 · Gold Key Lake, PA 18458

$75,000

2 bd · 1.0 ba · 700 sqft · Manufactured · 9 Days on market

Built 1988 Fair condition 4,792 sqft lot $163/mo HOA · 11% 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks

Perfect vacation retreat!!! This 2 bedroom, one bath trailer has a large, fully enclosed, renovated porch adding so much living space for you and your family! The 2 bedrooms each have full-size beds. Kitchen has a ton of room if you have a chef in the family. Large, cleared, graveled lot is situated close to all amenities---fantastic location!!! This property will not disappoint!! Make your appointment today!!

Key facts

• Renovated porch
• Cleared graveled lot
• 4,792 sq ft lot

Tags

• RENOVATED PORCH
• CLEARED GRAVELED LOT

Property features AI

Finance

• Financial info: Annual association fee and a one-time fee (association fees include utilities and community services)
• HOA & community: Homeowners association with annual and one-time fees; Association amenities include clubhouse, pool, fitness center, recreation facilities, game room, meeting/party room, playground, basketball and shuffleboard courts, restaurant, gated community, security; electricity, water, sewer, and trash are included

Exterior

• Parking: Driveway
• Security: 24-hour security; Gated community with guard
• Utilities: Cable available; Electricity connected; Water connected; Sewer connected (public sewer)
• Home design: Manufactured home; Used recreationally (vacation/RV/trailer market); Updated/remodeled condition; Located in a gated community (Trails End subdivision)
• Construction: Vinyl siding; Asbestos shingle roof; Manufactured house construction; 700 above-grade finished area
• Exterior features: Covered, enclosed, screened porch; Gazebo; Shed(s); Cleared lot; Close to clubhouse; Private gravel road access; Has view

Interior

• Kitchen: Gas range and gas oven; Microwave; Range hood; Refrigerator
• Bedrooms: 2 total rooms (includes bedrooms and living spaces)
• Flooring: Vinyl flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Propane heating; Window air conditioning unit(s)
• Interior features: Updated/remodeled interior; Gas oven, Gas range, Microwave, Range hood, Refrigerator, Water heater
• Laundry & utility: Washer; Water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $75k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $532 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Cap rate 14.8% vs local median 5.9% in Gold Key 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 70/100 on livability (#789 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: schools D, health & safety D, amenities F.
• Delaware Valley SD (rural): math 41% / reading 66% proficiency, ranked #121 of 539 in PA (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 112 active listings in the ZIP; 213 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($519 loan paydown + $8k appreciation (10.0% local appreciation)).
• Pike County population projected at -25% 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 $21k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $75,000

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. 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: 2.05% ✓
• Cap rate: 14.81%
• Cash-on-cash: 30.43%
• DSCR: 2.35
• GRM: 4.1

CMA / ARV

• ARV (on-the-fly): $44,800
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3431 Dakota Ln	0.06mi	1/1.0 (-1)	700 (0%)	12mo	$39,750	$57	83
128 Navajo Ln	0.28mi	2/1.0	700 (0%)	15mo	$22,000	$31	74
142 Commanche Dr Lot 5613	0.31mi	2/1.0	700 (0%)	14mo	$40,000	$57	74
226 Shohola Parkway Pkwy Lot 954	0.37mi	2/1.0	700 (0%)	12mo	$80,000	$114	73
Lot 4918 Mohican Dr	0.32mi	1/1.0 (-1)	700 (0%)	9mo	$45,000	$64	73
133 Crow Ln	0.37mi	2/1.0	700 (0%)	17mo	$52,000	$74	69
125 Tribes Dr Lot 5302	0.43mi	1/1.0 (-1)	700 (0%)	10mo	$34,000	$49	67
137 Walnut St	0.57mi	2/1.0	700 (0%)	11mo	$29,900	$43	64
165 Tribes Dr	0.57mi	2/1.0	700 (0%)	12mo	$48,000	$69	64
313 Shohola Ln Lot 313	0.55mi	1/1.0 (-1)	700 (0%)	13mo	$78,000	$111	58
105 Beaver Ln Lot 1102	0.40mi	3/1.0 (+1)	600 (-14%)	8mo	$47,000	$78	46
237 Shohola Pkwy N	0.35mi	2/1.0	600 (-14%)	17mo	$35,000	$58	46

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: 47.5%
• Equity multiple: 4.57×
• Total profit: $74,885
• Equity at exit: $67,566

10-year hold

• IRR: 41.3%
• Equity multiple: 10.24×
• Total profit: $194,098
• Equity at exit: $145,709

Cash invested: $21,000 (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 18458

• Home prices YoY: 13.2%
• Active inventory: 112
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,536 medium
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• HOA: −$163
• Vacancy / Maint / Mgmt: −$323
• Net cashflow: $532

Break-even live

Break-even rent $862

Max offer price $75,000

Occupancy floor 60%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $163 · $1,956/yr

Listing history 8 events

1. 2026-06-18
   days on market $75,000 Active 9 DOM
2. 2026-06-17
   days on market $75,000 Active 8 DOM
3. 2026-06-16
   days on market $75,000 Active 7 DOM
4. 2026-06-15
   days on market $75,000 Active 6 DOM
5. 2026-06-13
   days on market $75,000 Active 4 DOM
6. 2026-06-13
   days on market $75,000 Active 3 DOM
7. 2026-06-10
   remarks 413-char remark
8. 2026-06-10
   listed $75,000 Active 1 DOM

ⓘ 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 5/10 Major
• 🌡 Heat 2/10 Low 7 d/yr ≥91°F today · 14 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: $18,437
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$375
• − Repairs & maintenance: −$1,475
• − Management: −$1,475
• − HOA: −$1,956
• − Depreciation: −$2,182
• Taxable income: $5,648
• Est. tax owed @ 24.0%: −$1,356
• After-tax cash flow: $5,034/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 · 6 photos

Fair 45/100 Moderate rehab

This mobile home requires moderate repairs and maintenance to improve its condition and increase its value.

Repairs flagged

• Major exterior siding — Significant wear and tear
• Major interior walls — Paint is peeling and worn

Value-add opportunities

• Both Paint exterior siding — Enhances curb appeal and value
• Both Replace worn carpet — Improves comfort and value
• Both Paint interior walls — Enhances interior appearance and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · Significant wear and tear	Major	$15,000–50,000
interior walls · Paint is peeling and worn	Major	$15,000–50,000
Total estimated repair cost · 2 items		$30,000–100,000

Value-add ROI direction

• Both Paint exterior siding — Enhances curb appeal and value ↑
• Both Replace worn carpet — Improves comfort and value ↑
• Both Paint interior walls — Enhances interior appearance and value ↑

ⓘ 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: Delaware Valley SD
• NCES district ID: 4207530
• Math proficiency: 41% ▼ -12.00%
• Reading proficiency: 66% ▼ -9.00%
• Median HH income: $64,202
• Composite: 46.95/100
• National rank: #2359
• State rank: #121 of 539 in PA

Livability — Gold Key Lake

• Score: 70/100
• State rank: #789
• US rank: #7969

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

• Population (ZIP): 3,576

Population outlook (Pike County) Hauer SSP2

• Today (2025): 53,548 people
• By 2030: 51,622 · -3.6%
• By 2040: 46,490 · -13.2%
• By 2050: 40,372 · -24.6%
• By 2075: 31,951 · -40.3%
• By 2100: 26,821 · -49.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Hispanic / Latino 3% Asian 1%
• Common ancestry: Romanian 7% Lithuanian 2% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · German/W. Germanic 2% Spanish 2% Other Indo-European 1%

Political lean MEDSL · Pike

• 2024 margin: Strong R (+24.1) · D 37.6% · R 61.6%
• 2008→2024 swing: -19.8pp toward R · 2008: -4.2pp · 2024: -24.1pp
• All cycles: 2024: R+24.1 2020: R+19.0 2016: R+26.0 2012: R+11.0 2008: R+4.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 31.80%
• Current HPI: 272.6294
• 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

• 2026-06-09 Listed $75,000 PWMLS