950 Springfield Rd · Heilwood, PA 15765

$69,900

1 bd · 1.0 ba · 847 sqft · Other public records · 106 Days on market

Built 1982 1.12 ac lot $83/sqft · 79% below area

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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 +25.2/30.0
• DSCR +8.3/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• Appreciation +5.8/10.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Livability +2.0/5.0

Listing remarks MLS

This charming cabin located at 950 Springfield Rd in Penn Run, PA was built in 1982. It features a loft bedroom, with a total finished area of 847 sq. ft. The spacious lot size of 48,787 sq. ft. offers plenty of outdoor space for activities and relaxation. For the avid sportsman, there's plenty of fishing and boating fun just minutes away at Yellow Creek State Park. Hunting is also available.

Key facts

• Loft bedroom
• Outdoor space
• 1.12 acre lot

Tags

• LOFT BEDROOM
• OUTDOOR SPACE
• YELLOW CREEK STATE PARK

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath other listed at $70k.

Deal economics

• At list price, monthly cash flow is $157 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($851 rent vs $70k).
• Recommended offer: $64k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 40/100 on livability (#1,742 in PA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: schools D, amenities F, commute F.
• Penns Manor Area SD (rural): math 24% / reading 47% proficiency, ranked #410 of 539 in PA (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 2 active listings in the ZIP; 44 units permitted in Indiana County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($483 loan paydown + $1k appreciation (1.5% local appreciation)).
• Indiana County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (1.5% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 106 days — a 9% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $45k; list at $70k implies a 55% gain — meaningful room to come down on a strong offer.

Recommended offer $63,609 (9.0% below list)

Questions for the listing agent

1. It's been on market 106 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-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. 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: 1.22% ✓
• Cap rate: 8.99%
• Cash-on-cash: 9.63%
• DSCR: 1.43
• GRM: 6.8

CMA / ARV

• ARV (median comp): $326,752
• List price: $69,900
• Delta: -78.61%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

1.53% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.8%
• Equity multiple: 1.67×
• Total profit: $13,188
• Equity at exit: $25,821

10-year hold

• IRR: 16.0%
• Equity multiple: 3.04×
• Total profit: $39,948
• Equity at exit: $35,882

Cash invested: $19,572 (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 15765

• Home prices YoY: 1.2%
• Active inventory: 2
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $851 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$119 /mo · $1,434/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$179
• Net cashflow: $157

Break-even live

Break-even rent $652

Max offer price $69,900

Occupancy floor 77%

Sensitivity live

Price	-10% $197	-5% $177	+0% $157	+5% $137	+10% $118
Rent	-10% $90	-5% $124	+0% $157	+5% $191	+10% $224
Rate	-1.0pp $192	-0.5pp $175	base $157	+0.5pp $139	+1.0pp $121

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-19
   days on market $69,900 Active 106 DOM
2. 2026-06-18
   days on market $69,900 Active 105 DOM
3. 2026-06-17
   days on market $69,900 Active 104 DOM
4. 2026-06-17
   price $69,900 Active 103 DOM
5. 2026-06-16
   days on market $79,900 Active 103 DOM
6. 2026-06-15
   days on market $79,900 Active 102 DOM
7. 2026-06-14
   days on market $79,900 Active 100 DOM
8. 2026-06-12
   days on market $79,900 Active 99 DOM
9. 2026-06-09
   days on market $79,900 Active 96 DOM
10. 2026-06-08
    days on market $79,900 Active 95 DOM
11. 2026-06-07
    pricedays on market $79,900 Active 94 DOM
12. 2026-06-03
    days on market $84,900 Active 90 DOM
13. 2026-06-02
    days on market $84,900 Active 89 DOM
14. 2026-06-01
    days on market $84,900 Active 88 DOM
15. 2026-05-31
    days on market $84,900 Active 87 DOM
16. 2026-05-30
    days on market $84,900 Active 86 DOM
17. 2026-05-16
    price $84,900 395-char remark

    Show marketing remark (395 chars)

    This charming cabin located at 950 Springfield Rd in Penn Run, PA was built in 1982. It features a loft bedroom, with a total finished area of 847 sq. ft. The spacious lot size of 48,787 sq. ft. offers plenty of outdoor space for activities and relaxation. For the avid sportsman, there's plenty of fishing and boating fun just minutes away at Yellow Creek State Park. Hunting is also available.

18. 2026-03-04
    listed $89,900 Active 395-char remark

    Show marketing remark (395 chars)

    This charming cabin located at 950 Springfield Rd in Penn Run, PA was built in 1982. It features a loft bedroom, with a total finished area of 847 sq. ft. The spacious lot size of 48,787 sq. ft. offers plenty of outdoor space for activities and relaxation. For the avid sportsman, there's plenty of fishing and boating fun just minutes away at Yellow Creek State Park. Hunting is also available.

19. 2020-12-31
    soldstatus $45,000
20. 2011-10-05
    soldstatus $45,000

ⓘ 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: $1,434 · $119/mo
• Projected year-2 tax: $1,434 · $119/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 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥91°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,212
• − Mortgage interest: −$3,915
• − Property taxes: −$1,434
• − Insurance: −$350
• − Repairs & maintenance: −$817
• − Management: −$817
• − Depreciation: −$2,033
• Taxable income: $846
• Est. tax owed @ 24.0%: −$203
• After-tax cash flow: $1,683/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: Penns Manor Area SD
• NCES district ID: 4218780
• Math proficiency: 24% ▼ -16.00%
• Reading proficiency: 47% ▼ -9.00%
• Median HH income: $46,434
• Composite: 30.33/100
• National rank: #6271
• State rank: #410 of 539 in PA

Livability — Heilwood

• Score: 40/100
• State rank: #1742
• US rank: #27303

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 229
• Population (ZIP): 1,538

Population outlook (Indiana County) Hauer SSP2

• Today (2025): 84,294 people
• By 2030: 81,773 · -3.0%
• By 2040: 75,213 · -10.8%
• By 2050: 69,348 · -17.7%
• By 2075: 57,951 · -31.3%
• By 2100: 47,313 · -43.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Hispanic / Latino 8%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Romanian 6% Iranian 2% Slovak 2%
• Foreign-born: 0%
• Languages at home: 99% English-only · German/W. Germanic 1%

Political lean MEDSL · Indiana

• 2024 margin: Solid R (+39.1) · D 30.1% · R 69.2%
• 2008→2024 swing: -32.0pp toward R · 2008: -7.1pp · 2024: -39.1pp
• All cycles: 2024: R+39.1 2020: R+37.5 2016: R+35.6 2012: R+18.8 2008: R+7.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.53%
• Current HPI: 128.0242
• 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

+88.7% since first listed

4 events — show timeline

• 2026-05-16 Price Changed $84,900 West Penn MLS
• 2026-03-04 Listed $89,900 West Penn MLS
• 2020-12-31 Sold (Public Records) $45,000 Public Records
• 2011-10-05 Sold (Public Records) $45,000 Public Records

Property tax history

+5.0%/yr

Latest (2026): $1,434 · +4.1% YoY. Source: county tax records.