2149 Sparrow Rd · Pocono Mountain Lake Estates, PA 18324

$225,000

2 bd · 1.0 ba · 1,008 sqft · SingleFamily public records · 52 Days on market

Built 1979 0.59 ac lot $223/sqft · 24% above area Est $228k · at est. $100/mo HOA · 5% of rent

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Why this score? — see what drove the D+ 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 +12.8/30.0
• ARV discount +8.2/15.0
• Appreciation +6.8/10.0
• 1% rule +3.8/10.0
• DSCR +3.8/10.0
• Schools +3.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Come take a look at this Charming home located on a quiet street, within walking distance to to the lake! Keep cozy all winter long in this 2 Bed, 1 Bath home! Enjoy relaxing in screened in porch overlooking private, wooded property. Inside, find wood burning stove and updated living space. Enjoy the wonderful amenities this community has to offer such as a Clubhouse, Indoor/Outdoor Pool, Tennis Courts and much more! Homes at this price point and this condition do not last! Schedule a private tour today.

Key facts

• Screened in porch
• Newly built garage
• Outdoor firepit area

Tags

• PRIVATE WOODED LOT
• SCREENED IN PORCH
• OUTDOOR FIREPIT AREA
• FULLY FURNISHED
• UPDATED SPLIT UNIT
• NEWLY BUILT GARAGE

Property features AI

Finance

• HOA & community: Homeowners association with annual fee of $1,200 (approx. $100/month); HOA amenities include security, clubhouse, picnic area, playground, recreation facilities, indoor pool and outdoor pool; Association fee covers security and grounds maintenance

Exterior

• Parking: 1-car garage; 5 open parking spaces; Garage faces front
• Utilities: Well water; Septic tank
• Home design: Single-family house; Residential zoning; Entry facing front
• Construction: Shingle roof; Concrete perimeter foundation; Built as a house
• Exterior features: Front porch; Side porch; Deck; Wooded lot; Gravel road access; Private road with private maintenance

Interior

• Kitchen: Electric cooktop; Oven; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Baseboard heating; Ductless cooling
• Interior features: Eat-in kitchen; Vaulted ceilings; Furnished; Fireplace (1)

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $-22 ($-267/yr) — negative.
• To cash-flow at today's rent, offer at most $221k (1.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $199k (11.7% below list).
• Recommended offer: $199k (11.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 60/100 on livability (#1,507 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime A; Watch: schools F, amenities F, commute F.
• East Stroudsburg Area SD (rural): math 25% / reading 43% proficiency, ranked #413 of 539 in PA (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 290 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 $9k of equity ($2k loan paydown + $8k appreciation (3.5% 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 (3.5% appreciation + 3.0% rent growth), your $63k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 52 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 6y 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.

Risks & watch-outs

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

Recommended offer $198,766 (11.7% 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. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
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: 0.88% ✗
• Cap rate: 6.17%
• Cash-on-cash: -0.42%
• DSCR: 0.98
• GRM: 9.4

CMA / ARV

• ARV (median comp): $228,327
• List price: $225,000
• Delta: -1.46%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2110 Owl Pass Rd	0.62mi	3/2.0 (+1)	1,000 (-1%)	3mo	$149,900	$150	59
2124 Meadowlark Cir	0.30mi	3/1.5 (+1)	1,100 (+9%)	9mo	$250,000	$227	56
541 Hummingbird Ct	0.57mi	3/1.0 (+1)	1,024 (+2%)	12mo	$96,000	$94	56
2391 Eagle Path	0.45mi	3/2.0 (+1)	1,092 (+8%)	16mo	$220,000	$201	43
2233 Eagle Path	0.67mi	3/2.0 (+1)	1,152 (+14%)	17mo	$220,000	$191	22

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

Projected returns pro-forma

3.51% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.6%
• Equity multiple: 1.51×
• Total profit: $31,826
• Equity at exit: $107,641

10-year hold

• IRR: 10.9%
• Equity multiple: 2.71×
• Total profit: $108,012
• Equity at exit: $171,105

Cash invested: $63,000 (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 18324

• Home prices YoY: 1.5%
• Active inventory: 290
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,988 medium
• Mortgage (P&I): −$1,180
• Tax from tax record: −$219 /mo · $2,626/yr
• Insurance: −$94
• HOA: −$100
• Vacancy / Maint / Mgmt: −$417
• Net cashflow: $-22

Break-even live

Break-even rent $2,016

Max offer price $221,075

Occupancy floor 96%

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $100 · $1,200/yr
• Likely covers: pool

Listing history 26 events

1. 2026-06-15
   status $225,000 Pending 52 DOM
2. 2026-06-15
   days on market $225,000 Active 52 DOM
3. 2026-06-14
   days on market $225,000 Active 50 DOM
4. 2026-06-13
   days on market $225,000 Active 49 DOM
5. 2026-06-10
   days on market $225,000 Active 47 DOM
6. 2026-06-09
   days on market $225,000 Active 46 DOM
7. 2026-06-08
   days on market $225,000 Active 45 DOM
8. 2026-06-07
   days on market $225,000 Active 44 DOM
9. 2026-06-05
   days on market $225,000 Active 41 DOM
10. 2026-06-02
    days on market $225,000 Active 39 DOM
11. 2026-06-01
    days on market $225,000 Active 38 DOM
12. 2026-05-31
    days on market $225,000 Active 37 DOM
13. 2026-05-30
    days on market $225,000 Active 36 DOM
14. 2026-04-01
    listed $225,000 Active 1119-char remark
15. 2024-06-17
    soldstatus $350,000
16. 2021-12-27
    soldstatus $134,900
17. 2021-12-10
    soldstatus $134,900 509-char remark

    Show marketing remark (509 chars)

    Come take a look at this Charming home located on a quiet street, within walking distance to to the lake! Keep cozy all winter long in this 2 Bed, 1 Bath home! Enjoy relaxing in screened in porch overlooking private, wooded property. Inside, find wood burning stove and updated living space. Enjoy the wonderful amenities this community has to offer such as a Clubhouse, Indoor/Outdoor Pool, Tennis Courts and much more! Homes at this price point and this condition do not last! Schedule a private tour today.

18. 2021-12-10
    soldstatus

    Show marketing remark (509 chars)

    Come take a look at this Charming home located on a quiet street, within walking distance to to the lake! Keep cozy all winter long in this 2 Bed, 1 Bath home! Enjoy relaxing in screened in porch overlooking private, wooded property. Inside, find wood burning stove and updated living space. Enjoy the wonderful amenities this community has to offer such as a Clubhouse, Indoor/Outdoor Pool, Tennis Courts and much more! Homes at this price point and this condition do not last! Schedule a private tour today.

19. 2021-12-10
    soldstatus $134,900

    Show marketing remark (509 chars)

    Come take a look at this Charming home located on a quiet street, within walking distance to to the lake! Keep cozy all winter long in this 2 Bed, 1 Bath home! Enjoy relaxing in screened in porch overlooking private, wooded property. Inside, find wood burning stove and updated living space. Enjoy the wonderful amenities this community has to offer such as a Clubhouse, Indoor/Outdoor Pool, Tennis Courts and much more! Homes at this price point and this condition do not last! Schedule a private tour today.

20. 2021-11-15
    listed $134,900 509-char remark

    Show marketing remark (509 chars)

    Come take a look at this Charming home located on a quiet street, within walking distance to to the lake! Keep cozy all winter long in this 2 Bed, 1 Bath home! Enjoy relaxing in screened in porch overlooking private, wooded property. Inside, find wood burning stove and updated living space. Enjoy the wonderful amenities this community has to offer such as a Clubhouse, Indoor/Outdoor Pool, Tennis Courts and much more! Homes at this price point and this condition do not last! Schedule a private tour today.

21. 2021-11-15
    listed $134,900

    Show marketing remark (509 chars)

    Come take a look at this Charming home located on a quiet street, within walking distance to to the lake! Keep cozy all winter long in this 2 Bed, 1 Bath home! Enjoy relaxing in screened in porch overlooking private, wooded property. Inside, find wood burning stove and updated living space. Enjoy the wonderful amenities this community has to offer such as a Clubhouse, Indoor/Outdoor Pool, Tennis Courts and much more! Homes at this price point and this condition do not last! Schedule a private tour today.

22. 2021-11-15
    listed $134,900

    Show marketing remark (509 chars)

    Come take a look at this Charming home located on a quiet street, within walking distance to to the lake! Keep cozy all winter long in this 2 Bed, 1 Bath home! Enjoy relaxing in screened in porch overlooking private, wooded property. Inside, find wood burning stove and updated living space. Enjoy the wonderful amenities this community has to offer such as a Clubhouse, Indoor/Outdoor Pool, Tennis Courts and much more! Homes at this price point and this condition do not last! Schedule a private tour today.

23. 2021-01-29
    soldstatus $119,000
24. 2021-01-15
    soldstatus $119,000
25. 2020-11-28
    listed $119,000
26. 1990-03-27
    soldstatus $77,000

ⓘ 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: $2,626 · $219/mo
• Projected year-2 tax: $3,090 · $258/mo
• Expected delta: +$465/yr (+$39/mo · 17.7%)

ⓘ 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 3/10 Moderate 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% 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: $23,852
• − Mortgage interest: −$12,603
• − Property taxes: −$2,626
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,908
• − Management: −$1,908
• − HOA: −$1,200
• − Depreciation: −$6,545
• Taxable loss: −$4,064
• Est. tax savings @ 24.0%: +$975
• After-tax cash flow: $709/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: East Stroudsburg Area SD
• NCES district ID: 4208670
• Math proficiency: 25% ▼ -11.00%
• Reading proficiency: 43% ▼ -18.00%
• Median HH income: $57,142
• Composite: 30.13/100
• National rank: #6332
• State rank: #413 of 539 in PA

Livability — Pocono Mountain Lake Estates

• Score: 60/100
• State rank: #1507
• US rank: #19519

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pocono Mountain Lake Estates, PA
• Population (ZIP): 9,591

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: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 47% Hispanic / Latino 26% Black 21% Two or more races 12% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 12% Cuban 3% Dominican 5%
• Common ancestry: Romanian 2% Estonian 1% Lithuanian 1%
• Foreign-born: 19% · Canada, South Korea
• Languages at home: 69% English-only · Spanish 19% Russian/Polish/Slavic 4% French/Haitian/Cajun 3%

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: ▲ 3.51%
• Current HPI: 243.6754
• 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

+192.2% since first listed

14 events — show timeline

• 2026-06-15 Pending — PMAR
• 2026-04-01 Listed $225,000 PMAR
• 2024-06-17 Sold (Public Records) $350,000 Public Records
• 2021-12-27 Sold (Public Records) $134,900 Public Records
• 2021-12-10 Sold (MLS) $134,900 PWMLS
• 2021-12-10 Sold (MLS) $134,900 PMAR
• 2021-12-10 Sold (MLS) — PWMLS
• 2021-11-15 Listed $134,900 PWMLS
• 2021-11-15 Listed $134,900 PMAR
• 2021-11-15 Listed $134,900 PWMLS
• 2021-01-29 Sold (Public Records) $119,000 Public Records
• 2021-01-15 Sold (MLS) $119,000 PMAR
• 2020-11-28 Listed $119,000 PMAR
• 1990-03-27 Sold (Public Records) $77,000 Public Records

Property tax history

+1.3%/yr

Latest (2026): $2,626 · +1.6% YoY. Source: county tax records.