121 Shortridge Rd · Tunkhannock, PA 18210

$129,000

1 bd · 1.0 ba · 682 sqft · SingleFamily public records · 66 Days on market

Built 1961 0.49 ac lot $189/sqft · 31% below area Est $186k · 31% under $92/mo HOA · 6% of rent ↓ 12% since listing

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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 +25.4/30.0
• ARV discount +15.0/15.0
• DSCR +8.4/10.0
• 1% rule +7.3/10.0
• Schools +4.0/10.0
• Livability +3.9/5.0
• Appreciation +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Investment Opportunity with Development Potential! Cozy 2-beds, 1-bath home in the scenic Indian Mountain Lakes community of Albrightsville, PA. Perfect as a starter home, vacation getaway or rental investment with a generous lot and nature views. This property offers a unique opportunity for buyers seeking to customize and add value. Soil testing has been completed and while a conventional septic system is not currently supported, alternative wastewater solutions may be possible, subject to approvals. Ideal for investors or buyers ready to explore creative development options. Bring your vision and conduct your due diligence to unlock the potential of this property!

Key facts

• Nature views
• Nearby lakes
• 0.49 acre lot

Tags

• NATURE VIEWS
• NEARBY LAKES
• YEAR-ROUND OUTDOOR RECREATION

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $230 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $129k).
• Recommended offer: $121k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 5.1% in Tunkhannock — 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 77/100 on livability (#371 in PA, #3,219 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, health & safety A-; Watch: employment D+, amenities F, commute 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; 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 $892 of loan paydown is wiped out by about $4k 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 66 days — a 6% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $41k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $121,260 (6.0% below list)

Questions for the listing agent

1. It's been on market 66 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. 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.
9. 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.
10. 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: 1.23% ✓
• Cap rate: 9.05%
• Cash-on-cash: 9.85%
• DSCR: 1.44
• GRM: 6.8

CMA / ARV

• ARV (median comp): $186,271
• List price: $129,000
• Delta: -30.75%
• Verdict: UNDERPRICED
• Comps: 14 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
86 Shortridge Rd	0.17mi	2/1.0 (+1)	600 (-12%)	23mo	$169,000	$282	48
6 Hillcrest Dr	0.55mi	2/1.0 (+1)	744 (+9%)	13mo	$67,500	$91	44
186 Highridge Rd	0.54mi	2/1.0 (+1)	780 (+14%)	14mo	$178,500	$229	34

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: -4.0%
• Equity multiple: 0.85×
• Total profit: $-5,529
• Equity at exit: $19,885

10-year hold

• IRR: 5.5%
• Equity multiple: 1.42×
• Total profit: $15,015
• Equity at exit: $12,274

Cash invested: $36,120 (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: 6.8×

Monthly cashflow live

• Estimated rent: $1,592 medium
• Mortgage (P&I): −$676
• Tax from tax record: −$139 /mo · $1,667/yr
• Insurance: −$54
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$92
• Vacancy / Maint / Mgmt: −$334
• Net cashflow: $230

Break-even live

Break-even rent $1,301

Max offer price $129,000

Occupancy floor 81%

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $92 · $1,104/yr
• Likely covers: water

Listing history 18 events

1. 2026-06-18
   days on market $129,000 Active 66 DOM
2. 2026-06-17
   days on market $129,000 Active 65 DOM
3. 2026-06-16
   days on market $129,000 Active 64 DOM
4. 2026-06-15
   days on market $129,000 Active 63 DOM
5. 2026-06-14
   days on market $129,000 Active 61 DOM
6. 2026-06-13
   days on market $129,000 Active 60 DOM
7. 2026-06-10
   days on market $129,000 Active 58 DOM
8. 2026-06-09
   days on market $129,000 Active 57 DOM
9. 2026-06-09
   price $129,000 Active 56 DOM
10. 2026-06-08
    days on market $150,000 Active 56 DOM
11. 2026-06-07
    days on market $150,000 Active 55 DOM
12. 2026-06-02
    days on market $150,000 Active 50 DOM
13. 2026-06-01
    days on market $150,000 Active 49 DOM
14. 2026-05-31
    days on market $150,000 Active 48 DOM
15. 2026-05-30
    days on market $150,000 Active 47 DOM
16. 2026-05-05
    status Active 675-char remark

    Show marketing remark (675 chars)

    Investment Opportunity with Development Potential! Cozy 2-beds, 1-bath home in the scenic Indian Mountain Lakes community of Albrightsville, PA. Perfect as a starter home, vacation getaway or rental investment with a generous lot and nature views. This property offers a unique opportunity for buyers seeking to customize and add value. Soil testing has been completed and while a conventional septic system is not currently supported, alternative wastewater solutions may be possible, subject to approvals. Ideal for investors or buyers ready to explore creative development options. Bring your vision and conduct your due diligence to unlock the potential of this property!

17. 2026-05-05
    price $150,000 675-char remark

    Show marketing remark (675 chars)

    Investment Opportunity with Development Potential! Cozy 2-beds, 1-bath home in the scenic Indian Mountain Lakes community of Albrightsville, PA. Perfect as a starter home, vacation getaway or rental investment with a generous lot and nature views. This property offers a unique opportunity for buyers seeking to customize and add value. Soil testing has been completed and while a conventional septic system is not currently supported, alternative wastewater solutions may be possible, subject to approvals. Ideal for investors or buyers ready to explore creative development options. Bring your vision and conduct your due diligence to unlock the potential of this property!

18. 2026-02-08
    listed $169,900 Active 675-char remark

    Show marketing remark (675 chars)

    Investment Opportunity with Development Potential! Cozy 2-beds, 1-bath home in the scenic Indian Mountain Lakes community of Albrightsville, PA. Perfect as a starter home, vacation getaway or rental investment with a generous lot and nature views. This property offers a unique opportunity for buyers seeking to customize and add value. Soil testing has been completed and while a conventional septic system is not currently supported, alternative wastewater solutions may be possible, subject to approvals. Ideal for investors or buyers ready to explore creative development options. Bring your vision and conduct your due diligence to unlock the potential of this property!

ⓘ 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: $1,667 · $139/mo
• Projected year-2 tax: $1,853 · $154/mo
• Expected delta: +$186/yr (+$15/mo · 11.1%)

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 99% 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 8% 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: $19,105
• − Mortgage interest: −$7,226
• − Property taxes: −$1,667
• − Insurance: −$1,442
• − Repairs & maintenance: −$1,528
• − Management: −$1,528
• − HOA: −$1,104
• − Depreciation: −$3,753
• Taxable income: $856
• Est. tax owed @ 24.0%: −$205
• After-tax cash flow: $2,556/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 — Tunkhannock

• Score: 77/100
• State rank: #371
• US rank: #3219

Category grades

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

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

-11.7% since first listed

3 events — show timeline

• 2026-05-05 Relisted — GLVRMLS
• 2026-05-05 Price Changed $150,000 GLVRMLS
• 2026-02-08 Listed $169,900 GLVRMLS

Property tax history

-1.1%/yr

Latest (2026): $1,667 · +3.4% YoY. Source: county tax records.