934 W Independence St · Coal, PA 17866

$55,000

2 bd · 1.0 ba · 444 sqft · Other · 92 Days on market

Built 1900 871 sqft lot $124/sqft · 21% below area Est $70k · 21% under ↓ 5% since listing

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Why this score? — see what drove the B+ 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +4.4/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0

Listing remarks MLS

This cozy and affordable turn-key half double that is ready for its next owner! Recently renovated, this home features fresh paint and new flooring throughout, creating a clean and updated feel from top to bottom. Enjoy the small fenced in yard for low maintenance outdoor space. With low taxes and minimal upkeep, this property is a great opportunity for a searching homeowner or a quick addition to your investment portfolio. To schedule your showing, call or text Kyleigh at 570-554-5428. Square footage derived from county tax card; buyer should independently verify. Cash and conventional only.

Key facts

• Fresh paint
• New flooring
• Recently renovated

Tags

• FENCED IN YARD
• RECENTLY RENOVATED
• FRESH PAINT
• NEW FLOORING

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath other listed at $55k.

Deal economics

• At list price, monthly cash flow is $414 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($955 rent vs $55k).
• Recommended offer: $50k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Shamokin Area SD (town): math 19% / reading 40% proficiency, ranked #450 of 539 in PA (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 30 active listings in the ZIP; 81 units permitted in Northumberland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.3%/yr); year-one equity from $380 of loan paydown is wiped out by about $711 of value loss. Plan a longer hold.
• Northumberland County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-1.3% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($50k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $50,050 (9.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.74% ✓
• Cap rate: 15.33%
• Cash-on-cash: 32.29%
• DSCR: 2.44
• GRM: 4.8

CMA / ARV

• ARV (median comp): $70,049
• List price: $55,000
• Delta: -21.48%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Projected returns pro-forma

-1.29% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 30.6%
• Equity multiple: 2.40×
• Total profit: $21,521
• Equity at exit: $12,508

10-year hold

• IRR: 35.7%
• Equity multiple: 4.66×
• Total profit: $56,432
• Equity at exit: $12,490

Cash invested: $15,400 (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 17866

• Home prices YoY: -1.1%
• Active inventory: 30
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $955 medium
• Mortgage (P&I): −$288
• Tax from tax record: −$29 /mo · $345/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$201
• Net cashflow: $414

Break-even live

Break-even rent $430

Max offer price $55,000

Occupancy floor 52%

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-06-14
   days on market $55,000 Active 92 DOM
2. 2026-06-12
   days on market $55,000 Active 91 DOM
3. 2026-06-09
   days on market $55,000 Active 88 DOM
4. 2026-06-08
   days on market $55,000 Active 87 DOM
5. 2026-06-07
   days on market $55,000 Active 86 DOM
6. 2026-06-03
   days on market $55,000 Active 82 DOM
7. 2026-06-02
   days on market $55,000 Active 81 DOM
8. 2026-06-01
   days on market $55,000 Active 80 DOM
9. 2026-05-31
   days on market $55,000 Active 79 DOM
10. 2026-05-30
    days on market $55,000 Active 78 DOM
11. 2026-05-18
    price $55,000 600-char remark

    Show marketing remark (600 chars)

    This cozy and affordable turn-key half double that is ready for its next owner! Recently renovated, this home features fresh paint and new flooring throughout, creating a clean and updated feel from top to bottom. Enjoy the small fenced in yard for low maintenance outdoor space. With low taxes and minimal upkeep, this property is a great opportunity for a searching homeowner or a quick addition to your investment portfolio. To schedule your showing, call or text Kyleigh at 570-554-5428. Square footage derived from county tax card; buyer should independently verify. Cash and conventional only.

12. 2026-03-13
    listed $58,000 Active 600-char remark

    Show marketing remark (600 chars)

    This cozy and affordable turn-key half double that is ready for its next owner! Recently renovated, this home features fresh paint and new flooring throughout, creating a clean and updated feel from top to bottom. Enjoy the small fenced in yard for low maintenance outdoor space. With low taxes and minimal upkeep, this property is a great opportunity for a searching homeowner or a quick addition to your investment portfolio. To schedule your showing, call or text Kyleigh at 570-554-5428. Square footage derived from county tax card; buyer should independently verify. Cash and conventional only.

ⓘ 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: $345 · $29/mo
• Projected year-2 tax: $607 · $51/mo
• Expected delta: +$262/yr (+$22/mo · 76.1%)

ⓘ 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 2/10 Low
• 🌡 Heat 4/10 Moderate 8 d/yr ≥95°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% 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: $11,461
• − Mortgage interest: −$3,081
• − Property taxes: −$345
• − Insurance: −$275
• − Repairs & maintenance: −$917
• − Management: −$917
• − Depreciation: −$1,600
• Taxable income: $4,326
• Est. tax owed @ 24.0%: −$1,038
• After-tax cash flow: $3,935/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: Shamokin Area SD
• NCES district ID: 4221240
• Math proficiency: 19% ▼ -13.00%
• Reading proficiency: 40% ▼ -11.00%
• Median HH income: $35,380
• Composite: 24.31/100
• National rank: #7709
• State rank: #450 of 539 in PA

Livability — Coal

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Edgewood, PA
• Population (ZIP): 9,808

Population outlook (Northumberland County) Hauer SSP2

• Today (2025): 90,896 people
• By 2030: 89,084 · -2.0%
• By 2040: 84,822 · -6.7%
• By 2050: 80,521 · -11.4%
• By 2075: 72,152 · -20.6%
• By 2100: 62,257 · -31.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 15% Hispanic / Latino 4% Two or more races 2%
• Common ancestry: Romanian 12% Iranian 4% Subsaharan African 2%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 3%

Political lean MEDSL · Northumberland

• 2024 margin: Solid R (+39.9) · D 29.6% · R 69.5%
• 2008→2024 swing: -26.1pp toward R · 2008: -13.8pp · 2024: -39.9pp
• All cycles: 2024: R+39.9 2020: R+38.5 2016: R+43.6 2012: R+19.4 2008: R+13.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.29%
• Current HPI: 111.3788
• 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

-5.2% since first listed

2 events — show timeline

• 2026-05-18 Price Changed $55,000 CSVBR
• 2026-03-13 Listed $58,000 CSVBR

Property tax history

+3.9%/yr

Latest (2026): $345 · +2.2% YoY. Source: county tax records.