218 Applewood Dr · Mount Pocono, PA 18370

$389,900

3 bd · 2.0 ba · 1,866 sqft · SingleFamily public records · 8 Days on market

Built 1979 1.00 ac lot Est $302k · 29% over

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Why this score? — see what drove the F 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).

• Appreciation +6.0/10.0
• Cash flow +5.2/30.0
• Schools +4.0/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.8/10.0
• DSCR +0.0/10.0
• ARV discount +0.0/15.0

Listing remarks

WELL KEPT & full of warmth, this SPACIOUS 3bd/3ba Ranch in desirable Old Orchard Farms offers comfort, convenience, & a FANTASTIC LOCATION in the heart of the Poconos! Set in a quiet setting, yet just mins from major highways, shopping, dining, Camelback, Kalahari, Mt Airy Casino, The Outlets, & more. Inside, enjoy the Living Room w/ a brick wood-burning fireplace that flows into the Dining Room & Kitchen w/ plenty of cabinet/counter space for all your cooking needs. The main level offers 3bds/2 full bths, including the massive Primary Suite w/ a huge lounge/den space, wet bar, private outside access, WIC, & private bath. The finished walkout LL adds even more liv

Key facts

• Wet bar
• Large rec room
• Finished walkout ll

Tags

• MASSIVE PRIMARY SUITE
• WET BAR
• PRIVATE OUTSIDE ACCESS
• FINISHED WALKOUT LL
• LARGE REC ROOM
• JETTED TUB

Property features AI

Finance

• Other: Zoning: R-1 (residential); Lot dimensions approximately 157 x 258 x 157 x 258; Lot size about 1 acre; Public maintained paved county road frontage

Exterior

• Parking: Total 8 parking spaces; Attached 2-car garage; Six open/off-street parking spaces; Driveway; Garage faces side; Paved parking
• Utilities: Well water; Septic tank; 200+ amp electrical service with circuit breakers
• Home design: Single-family residence (house); Two stories; Faces northeast; No common walls
• Construction: Brick and vinyl siding exterior; Block foundation; Asphalt roof; Built as a two-story house
• Exterior features: Front porch; Covered porch; Patio; Deck; Back yard; Front yard; Cleared lot; Shed/storage; Has view; Spa/hot tub (bath feature)

Interior

• Kitchen: Oven (electric); Range (electric); Refrigerator; Dishwasher
• Bedrooms: Bedrooms located on various levels (in-law layout noted)
• Flooring: Hardwood; Laminate
• Bathrooms: Three full bathrooms; Double vanity
• Heating & cooling: Electric baseboard heat; Ceiling fans for cooling
• Interior features: Bidet; Double vanity; Walk-in closets; In-law floorplan; Ceiling fans; Finished daylight walk-out basement
• Laundry & utility: Washer and dryer included/washer and dryer hookups; Laundry on main level and in kitchen; Electric dryer hookup; Water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $390k.

Deal economics

• At list price, monthly cash flow is $-888 ($-11k/yr) — negative.
• To cash-flow at today's rent, offer at most $233k (40.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $226k (42.0% below list).
• Recommended offer: $226k (42.0% below list) — sets the bar for 1% rule.
• Cap rate 3.6% vs local median 5.2% in Mount Pocono — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 77/100 on livability (#362 in PA, #3,166 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools 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: 22 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

• In year one you build about $10k of equity ($3k loan paydown + $8k appreciation (2.0% local appreciation)).
• Monroe County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 4, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $247k; list at $390k implies a 58% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $226,200 (42.0% 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. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.58% ✗
• Cap rate: 3.56%
• Cash-on-cash: -9.76%
• DSCR: 0.57
• GRM: 14.4

CMA / ARV

• ARV (on-the-fly): $302,292
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6164 Sunset Dr	0.14mi	3/2.0	1,800 (-4%)	13mo	$350,000	$194	76
166 Applewood Dr	0.20mi	4/2.5 (+1)	2,000 (+7%)	7mo	$310,000	$155	66
7319 Moss Dr	0.34mi	4/2.0 (+1)	1,938 (+4%)	10mo	$288,000	$149	65
321 Orchard Rd	0.28mi	3/2.0	1,720 (-8%)	14mo	$390,000	$227	62
110 Coral Ln	0.72mi	3/2.0	1,824 (-2%)	17mo	$203,550	$112	48
116 Coral Ln	0.31mi	4/2.0 (+1)	1,664 (-11%)	19mo	$270,000	$162	47

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

Projected returns pro-forma

1.96% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.2%
• Equity multiple: 0.72×
• Total profit: $-30,539
• Equity at exit: $153,024

10-year hold

• IRR: -0.1%
• Equity multiple: 0.98×
• Total profit: $-2,126
• Equity at exit: $219,773

Cash invested: $109,172 (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 18370

• Home prices YoY: 1.2%
• Active inventory: 22
• Price-to-rent: 14.4×

Monthly cashflow live

• Estimated rent: $2,262 medium
• Mortgage (P&I): −$2,045
• Tax from tax record: −$468 /mo · $5,618/yr
• Insurance: −$162
• HOA: −$0
• Vacancy / Maint / Mgmt: −$475
• Net cashflow: $-888

Break-even live

Break-even rent $3,386

Max offer price $232,977

Occupancy floor —

Sensitivity live

Price	-10% $-668	-5% $-778	+0% $-888	+5% $-999	+10% $-1,109
Rent	-10% $-1,067	-5% $-978	+0% $-888	+5% $-799	+10% $-710
Rate	-1.0pp $-692	-0.5pp $-789	base $-888	+0.5pp $-989	+1.0pp $-1,092

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: $97,475
• Closing costs: $11,697
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1960 Pennsylvania 611 Swiftwater, PA	2.0	1.0	1139	$2,262	$1.99	45d	14	0.36mi

Listing history 2 events

1. 2026-05-18
   listed $389,900 Active
2. 2006-07-05
   soldstatus $247,000

ⓘ 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: $5,618 · $468/mo
• Projected year-2 tax: $5,889 · $491/mo
• Expected delta: +$271/yr (+$23/mo · 4.8%)

ⓘ 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 5/10 Major
• 🌡 Heat 2/10 Low 7 d/yr ≥92°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 7% 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: $27,144
• − Mortgage interest: −$21,840
• − Property taxes: −$5,618
• − Insurance: −$1,950
• − Repairs & maintenance: −$2,172
• − Management: −$2,172
• − Depreciation: −$11,343
• Taxable loss: −$17,949
• Est. tax savings @ 24.0%: +$4,308
• After-tax cash flow: $-6,352/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 — Mount Pocono

• Score: 77/100
• State rank: #362
• US rank: #3166

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 867

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 (66%)
• Race & ethnicity: White 66% Black 21% Hispanic / Latino 7% Two or more races 6%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Russian 5% Scandinavian 1% Hungarian 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Other Indo-European 5%

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: ▲ 1.96%
• Current HPI: 165.9747
• 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

+57.9% since first listed

2 events — show timeline

• 2026-05-18 Listed $389,900 PMAR
• 2006-07-05 Sold (Public Records) $247,000 Public Records

Property tax history

+1.7%/yr

Latest (2026): $5,618 · +2.1% YoY. Source: county tax records.