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101 Owl Way
C+ Composite 64.69
Why this score? — see what drove the C+ 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
  • Schools +4.7/10.0
  • Condition / age +4.0/5.0
  • Livability +3.5/5.0
  • Rent growth +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$49,900

101 Owl Way · Conashaugh Lakes, PA 18337
1 bd · 1.0 ba · 400 sqft · Land · 62 Days on market
Built 1987 Good condition 4,792 sqft lot $125/sqft · 27% above area Est $39k · 27% over $233/mo HOA · 17% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

1860 GLENWOOD LANDING (911 117 GLENWOOD LANDING 1 bedroom park model with a permanent screen room upgraded flooring and a 50 year metal roof. A new split system heating and AC system was installed late last year. The property has an extra wide driveway and a wooden shed as well. $39,900.00

Key facts

  • New flooring
  • Canopy shed
  • Renovated park model

Tags

RENOVATED PARK MODELNEW FLOORINGCANOPY SHED

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath land listed at $50k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $536 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $50k).
  • Recommended offer: $47k (6.0% below list) — sets the bar for market timing.
  • Cap rate 19.2% vs local median 5.3% in Conashaugh Lakes — 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 (#786 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: health & safety D, amenities F, commute 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: 290 active listings in the ZIP; solid renter incomes; 213 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $345 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • Pike County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 62 days — a 6% lower offer ($47k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts 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.
Recommended offer $46,906 (6.0% below list)

Questions for the listing agent

  1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
2.83%
Cap rate
19.18%
Cash-on-cash
46.03%
DSCR
3.05
GRM
2.9

CMA / ARV

ARV (median comp)
$39,324
List price
$49,900
Delta
26.90%
Verdict
OVERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

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

5-year hold
IRR
43.4%
Equity multiple
2.88×
Total profit
$26,212
Equity at exit
$7,440
10-year hold
IRR
49.5%
Equity multiple
5.83×
Total profit
$67,446
Equity at exit
$4,314

Cash invested: $13,972 (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.

ZIP-level market 18337

Home prices YoY
-22.0%
Active inventory
290
Price-to-rent
2.9×

Monthly cashflow live

Estimated rent
$1,410 medium interval (Pro) →
Mortgage (P&I)
$262
Tax est. 1.5%
$62 /mo · $748/yr
Insurance
$21
HOA
$233
Vacancy / Maint / Mgmt
$296
Net cashflow
$536

Break-even live

Break-even rent $731
Max offer price $49,900
Occupancy floor 57%

Sensitivity live

Price -10% $570 -5% $553 +0% $536 +5% $519 +10% $501
Rent -10% $425 -5% $480 +0% $536 +5% $592 +10% $647
Rate -1.0pp $561 -0.5pp $549 base $536 +0.5pp $523 +1.0pp $510

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
$12,475
Closing costs
$1,497
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

HOA detail

Monthly dues
$233 · $2,796/yr

Listing history 18 events

  1. 2026-06-18
    days on market $49,900 Active 62 DOM
  2. 2026-06-17
    days on market $49,900 Active 61 DOM
  3. 2026-06-16
    days on market $49,900 Active 60 DOM
  4. 2026-06-15
    days on market $49,900 Active 59 DOM
  5. 2026-06-13
    days on market $49,900 Active 57 DOM
  6. 2026-06-13
    days on market $49,900 Active 56 DOM
  7. 2026-06-09
    days on market $49,900 Active 53 DOM
  8. 2026-06-08
    days on market $49,900 Active 52 DOM
  9. 2026-06-07
    days on market $49,900 Active 51 DOM
  10. 2026-06-04
    days on market $49,900 Active 48 DOM
  11. 2026-06-03
    days on market $49,900 Active 47 DOM
  12. 2026-06-02
    days on market $49,900 Active 46 DOM
  13. 2026-06-01
    days on market $49,900 Active 45 DOM
  14. 2026-05-31
    days on market $49,900 Active 44 DOM
  15. 2026-05-05
    status Active 290-char remark
    Show marketing remark (290 chars)

    1860 GLENWOOD LANDING (911 117 GLENWOOD LANDING 1 bedroom park model with a permanent screen room upgraded flooring and a 50 year metal roof. A new split system heating and AC system was installed late last year. The property has an extra wide driveway and a wooden shed as well. $39,900.00

  16. 2026-04-17
    status Pending 290-char remark
    Show marketing remark (239 chars)

    1613 OWL WAY (911 101 OWL WAY) 1 bedroom renovated park model with new flooring appliances counter top sink paint and more. The property has a canopy shed and tent platform on a well landscaped corner campsite. A treasure at $49,900.00. .

  17. 2026-04-17
    listed $39,900 Active 290-char remark
    Show marketing remark (239 chars)

    1613 OWL WAY (911 101 OWL WAY) 1 bedroom renovated park model with new flooring appliances counter top sink paint and more. The property has a canopy shed and tent platform on a well landscaped corner campsite. A treasure at $49,900.00. .

  18. 2026-04-17
    listed $49,900 Active 239-char remark
    Show marketing remark (239 chars)

    1613 OWL WAY (911 101 OWL WAY) 1 bedroom renovated park model with new flooring appliances counter top sink paint and more. The property has a canopy shed and tent platform on a well landscaped corner campsite. A treasure at $49,900.00. .

ⓘ 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 3/10 Moderate
  • 🌡 Heat 2/10 Low 7 d/yr ≥91°F today · 15 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$16,918
− Mortgage interest
−$2,795
− Property taxes
−$748
− Insurance
−$250
− Repairs & maintenance
−$1,353
− Management
−$1,353
− HOA
−$2,796
− Depreciation
−$1,452
Taxable income
$6,170
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,481
After-tax cash flow
$4,950/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 · 12 photos

Good 80/100 Cosmetic rehab

This renovated park model is in good condition with modern updates and a well-maintained exterior. It offers a good balance of curb appeal and indoor comfort.

Value-add opportunities

  • Both landscaping improvements — enhances curb appeal and outdoor living space
  • Both painting exterior — refreshes the home's appearance
  • Resale upgrading appliances — attracts more buyers with modern features

Renovation cost estimate screening

Value-add ROI direction

  • Both landscaping improvements — enhances curb appeal and outdoor living space
  • Both painting exterior — refreshes the home's appearance
  • Resale upgrading appliances — attracts more buyers with modern features

ⓘ 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 — Conashaugh Lakes

Score
70/100
State rank
#786
US rank
#7924

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Pike County · 15,799 people
Metro
New York-Newark-Jersey City, NY-NJ-PA
Population (ZIP)
15,799
Household income
$93,149
Rent vs Own
14.2% rent · 85.8% own
Severe rent burden
275.0

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 (82%)
Race & ethnicity
White 82% Hispanic / Latino 10% Two or more races 7% Black 4% Asian 2%
Hispanic origin (detail)
Mexican 1% Puerto Rican 4% Cuban 1%
Common ancestry
Romanian 6% Iranian 2% Portuguese 2%
Foreign-born
6% · Canada, China, South Korea
Languages at home
89% English-only · Spanish 6% Russian/Polish/Slavic 2% German/W. Germanic 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
▼ -54.81%
Current HPI
194.0604
Rent YoY
Metro
New York-Newark-Jersey City, NY-NJ-PA
State GDP YoY
▲ 1.68%
F500 in state
34

Industry mix (Fortune 500 HQ in PA)

Industry F500 HQs Revenue

Price history

+25.1% since first listed
4 events — show timeline
  • 2026-05-05 Relisted PWMLS
  • 2026-04-17 Pending PWMLS
  • 2026-04-17 Listed $49,900 PWMLS
  • 2026-04-17 Listed $39,900 PWMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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