892 Baltimore St · Penn, PA 17331

$175,000

3 bd · 1.0 ba · 1,512 sqft · SingleFamily public records · 23 Days on market

Built 1914 6,556 sqft lot $116/sqft · 31% below area Est $253k · 31% under

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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 +20.1/30.0
• ARV discount +15.0/15.0
• DSCR +6.4/10.0
• 1% rule +5.8/10.0
• Schools +4.2/10.0
• Rent growth +3.7/5.0
• Livability +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Come make this home yours! This 2-story home features 3 bedrooms, 2 full bathrooms, a walk-up attic that could be finished, an enclosed back porch, and a spacious backyard with a courtyard area. This home is in the South Western school district and convenient to shopping, dining, and more. Kitchen recently updated with new cabinets, stove and refrigerator. Main level has a bright, full bathroom with a walk-in shower and room for a future stackable washer/dryer. Enclosed rear porch overlooks the backyard. Covered front porch and 2nd floor rear balcony. Hydronic heating system in main level floor has a dedicated tankless hot water heater to provide quiet and consistent warmth via the radiant

Key facts

• 6,556 sq ft lot
• Parking
• Built 1914

Property features AI

Exterior

• Parking: Detached carport (1 space); Total of 1 garage/parking space
• Utilities: Public water; Public sewer; Cable TV available; Electric available; Natural gas available; Phone available; Cable internet service
• Home design: Detached structure; Shingle roof; Fee simple ownership
• Construction: Vinyl siding; Permanent, stone, and brick/mortar foundation; Built year per assessor
• Exterior features: Awning(s); Secure storage; Partially fenced yard with vinyl fencing; Level lot with rear yard; Balcony; Patio(s); Porch(es)

Interior

• Kitchen: Refrigerator; Stove
• Bedrooms: 3 bedrooms on the upper level
• Flooring: Carpet; Wood floors; Vinyl
• Bathrooms: 2 full bathrooms (one on the main level, one on the upper level)
• Heating & cooling: Hot water and radiant heating; Other heating; Natural gas and electric heating fuel; Ceiling fan cooling; 100 amp electrical service
• Interior features: Attic; Walk-in shower in bathroom; Ceiling fans; Combination kitchen and dining area; Replacement windows; Dry wall and plaster walls
• Laundry & utility: Washer; Dryer; Tankless hot water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $217 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $172k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 56/100 on livability (#1,637 in PA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime D+, amenities F, commute F.
• South Western SD (suburban): math 37% / reading 56% proficiency, ranked #206 of 539 in PA (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Emory H Markle Ms (math 27% / reading 53%, grade F, #257 of 512 statewide, top 52%, 1,028 students, 34% FRL); South Western Shs (math 83% / reading 75%, grade A-, #20 of 437 statewide, top 4%, 1,299 students, 31% FRL).
• Zoned-school proficiency averages 60% at this address vs 46% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the South Western SD average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+4.7%/yr); 386 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,328 units permitted in York County in 2024 (338 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $38k; list at $175k implies a 361% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1914 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,375 (1.5% below list)

Questions for the listing agent

1. Built in 1914 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.08% ✓
• Cap rate: 7.78%
• Cash-on-cash: 5.32%
• DSCR: 1.24
• GRM: 7.7

CMA / ARV

• ARV (median comp): $252,825
• List price: $175,000
• Delta: -30.78%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
832 Baltimore St	0.16mi	4/1.5 (+1)	1,536 (+2%)	7mo	$175,000	$114	77
933 Centennial Ave	0.19mi	2/1.0 (-1)	1,333 (-12%)	1mo	$250,000	$188	66
430 Clover Ln	0.58mi	3/2.0	1,456 (-4%)	0mo	$240,000	$165	62
310 Clover Ln	0.43mi	4/1.5 (+1)	1,421 (-6%)	1mo	$270,000	$190	62
955 Maple Ln	0.36mi	2/2.0 (-1)	1,428 (-6%)	10mo	$246,000	$172	57
1241 Maple Ln #5	0.60mi	3/2.0	1,446 (-4%)	9mo	$378,605	$262	53
45 Wilmar Ave	0.40mi	4/2.0 (+1)	1,627 (+8%)	10mo	$260,000	$160	51
445 Ripple Dr #61	0.60mi	3/2.0	1,385 (-8%)	8mo	$384,218	$277	47
311 Wirt Ave	0.52mi	4/2.0 (+1)	1,664 (+10%)	5mo	$331,000	$199	46
565 Ripple Dr #68	0.71mi	3/2.0	1,667 (+10%)	12mo	$402,496	$241	36
435 Ripple Dr #60	0.59mi	3/2.0	1,295 (-14%)	12mo	$362,234	$280	35
125 Charles Ave	0.75mi	4/2.0 (+1)	1,660 (+10%)	9mo	$272,000	$164	33

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

Projected returns pro-forma

-3.0% appreciation · 4.67% rent growth · sell at horizon

5-year hold

• IRR: -6.1%
• Equity multiple: 0.77×
• Total profit: $-11,229
• Equity at exit: $26,093

10-year hold

• IRR: 5.6%
• Equity multiple: 1.45×
• Total profit: $21,994
• Equity at exit: $15,131

Cash invested: $49,000 (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 17331

• Home prices YoY: -33.8%
• Rents YoY: 4.7%
• Active inventory: 386
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,886 high
• Mortgage (P&I): −$918
• Tax from tax record: −$282 /mo · $3,382/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$396
• Net cashflow: $217

Break-even live

Break-even rent $1,611

Max offer price $175,000

Occupancy floor 83%

Sensitivity live

Price	-10% $316	-5% $267	+0% $217	+5% $168	+10% $118
Rent	-10% $68	-5% $143	+0% $217	+5% $292	+10% $366
Rate	-1.0pp $305	-0.5pp $262	base $217	+0.5pp $172	+1.0pp $126

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
22 Mustang Dr Hanover, PA	3.0	2.5	1625	$1,843	$1.13	44d	1	0.26mi
20 Mustang Dr Hanover, PA	4.0	2.5	1625	$1,931	$1.19	44d	1	0.27mi
40 Mustang Dr Hanover, PA	4.0	2.5	1625	$1,843	$1.13	44d	1	0.27mi
88 Brookside Ave Hanover, PA	3.0	2.5	1625	$1,906	$1.17	44d	1	0.67mi
88 Brookside Ave Hanover, PA	3.0	2.5	1625	$1,963	$1.21	22d	1	0.67mi
76 Brookside Ave Hanover, PA	3.0	2.5	1625	$1,906	$1.17	44d	1	0.68mi
76 Brookside Ave Hanover, PA	3.0	2.5	1625	$1,963	$1.21	22d	1	0.68mi
101 Pacer Dr Unit M Hanover, PA	3.0	2.5	1252	$1,751	$1.40	44d	1	0.72mi
101 Pacer Dr Unit L Hanover, PA	3.0	2.5	1252	$1,901	$1.52	14d	1	0.72mi
101 Pacer Dr Unit K Hanover, PA	3.0	2.5	1252	$1,846	$1.47	44d	1	0.72mi
34 Overlook Dr Hanover, PA	3.0	2.5	1749	$2,000	$1.14	14d	1	0.76mi
51 Overlook Dr Unit J Hanover, PA	3.0	2.5	1820	$2,120	$1.16	44d	1	0.81mi
51 Overlook Dr Unit F Hanover, PA	3.0	2.5	1820	$1,983	$1.09	44d	1	0.81mi
185 Pumping Station Rd Hanover, PA	4.0	2.5	1625	$2,059	$1.27	44d	1	1.47mi
185 Pumping Station Rd Hanover, PA	4.0	2.5	1625	$1,999	$1.23	14d	1	1.47mi
12 Secretariat Dr Hanover, PA	4.0	2.5	1625	$2,201	$1.35	14d	1	1.47mi
16 Secretariat Dr Hanover, PA	4.0	2.5	1625	$2,121	$1.31	22d	1	1.47mi
16 Secretariat Dr Hanover, PA	4.0	2.5	1625	$2,059	$1.27	44d	1	1.47mi
878 Admiral Ln Hanover, PA	4.0	2.5	1625	$2,121	$1.31	22d	1	1.50mi

Listing history 15 events

1. 2026-06-17
   status $175,000 Pending 23 DOM
2. 2026-06-16
   days on market $175,000 Active 23 DOM
3. 2026-06-15
   days on market $175,000 Active 22 DOM
4. 2026-06-14
   days on market $175,000 Active 20 DOM
5. 2026-06-13
   days on market $175,000 Active 19 DOM
6. 2026-06-10
   days on market $175,000 Active 17 DOM
7. 2026-06-09
   days on market $175,000 Active 16 DOM
8. 2026-06-08
   days on market $175,000 Active 15 DOM
9. 2026-06-07
   days on market $175,000 Active 14 DOM
10. 2026-06-02
    days on market $175,000 Active 9 DOM
11. 2026-06-01
    days on market $175,000 Active 8 DOM
12. 2026-05-31
    days on market $175,000 Active 7 DOM
13. 2026-05-30
    days on market $175,000 Active 6 DOM
14. 2026-04-26
    historical $175,000 840-char remark
15. 1986-05-15
    soldstatus $38,000

ⓘ 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: $3,382 · $282/mo
• Projected year-2 tax: $3,382 · $282/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,630
• − Mortgage interest: −$9,803
• − Property taxes: −$3,382
• − Insurance: −$875
• − Repairs & maintenance: −$1,810
• − Management: −$1,810
• − Depreciation: −$5,091
• Taxable loss: −$142
• Est. tax savings @ 24.0%: +$34
• After-tax cash flow: $2,642/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: South Western SD
• NCES district ID: 4222470
• Math proficiency: 37% ▼ -16.00%
• Reading proficiency: 56% ▼ -11.00%
• Median HH income: $67,689
• Composite: 41.5/100
• National rank: #3456
• State rank: #206 of 539 in PA

Livability — Penn

• Score: 56/100
• State rank: #1637
• US rank: #22584

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Parkville, PA
• County: York County · 278,806 people
• Metro: York-Hanover, PA
• Population (ZIP): 56,443
• Household income: $79,488
• Rent vs Own: 23.6% rent · 76.4% own
• Severe rent burden: 1076.0

Population outlook (York County) Hauer SSP2

• Today (2025): 454,205 people
• By 2030: 457,407 · +0.7%
• By 2040: 457,529 · +0.7%
• By 2050: 448,261 · -1.3%
• By 2075: 427,388 · -5.9%
• By 2100: 384,218 · -15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 7% Two or more races 7% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · York

• 2024 margin: Strong R (+25.3) · D 36.9% · R 62.1%
• 2008→2024 swing: -11.7pp toward R · 2008: -13.6pp · 2024: -25.3pp
• All cycles: 2024: R+25.3 2020: R+24.6 2016: R+29.3 2012: R+21.2 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -128.48%
• Current HPI: 251.8974
• Rent YoY: ▲ 4.67%
• Metro: York-Hanover, PA
• 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

+360.5% since first listed

4 events — show timeline

• 2026-06-17 Pending — BRIGHT MLS
• 2026-05-25 Listed $175,000 BRIGHT MLS
• 2026-04-26 Coming Soon $175,000 BRIGHT MLS
• 1986-05-15 Sold (Public Records) $38,000 Public Records

Property tax history

+2.8%/yr

Latest (2026): $3,382 · +4.7% YoY. Source: county tax records.