6570 Furnace Rd · Quincy, PA 17268

$169,000

3 bd · 1.0 ba · 1,000 sqft · Other · 35 Days on market

Built 1900 1.40 ac lot $169/sqft · 27% below area Est $232k · 27% 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 +21.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.8/10.0
• 1% rule +4.4/10.0
• Schools +3.8/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Country property w/ 1 3/4 acres, small home w/ 2 BR, 1 bath, small kithche/dining/ LR

Key facts

• 1.4 acre lot
• Built 1900
• Listed 35 days

Property features AI

Finance

• Other: Fee simple ownership; Additional parcels included

Exterior

• Parking: Gravel driveway; Driveway parking
• Utilities: Public water; Public sewer; Electric service
• Home design: Detached structure; Metal roof; Replacement windows; Building not winterized; Estimated year built
• Construction: Aluminum siding; Stone and block foundation
• Exterior features: Porch(es); Shed; Private lot that backs to trees; Additional parcel(s); Not in a development

Interior

• Kitchen: Electric oven/range; Refrigerator
• Bedrooms: One bedroom on the main level; Two bedrooms on the upper level
• Flooring: Hardwood; Vinyl
• Bathrooms: One full bathroom on the main level; One full bathroom total
• Heating & cooling: Forced air heating; Electric baseboard heating; Oil and electric heating fuel; Electric hot water
• Interior features: Traditional floor plan; Ceiling fans; Tub with shower; Drywall, plaster and paneled walls; Wood floors
• Laundry & utility: Main floor laundry with hookups

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $169k.

Deal economics

• At list price, monthly cash flow is $247 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $158k (6.4% below list).
• Recommended offer: $158k (6.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Waynesboro Area SD (town): math 36% / reading 52% proficiency, ranked #283 of 539 in PA (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 230 active listings in the ZIP; 633 units permitted in Franklin County in 2024 (112 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 35 days — a 3% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 20y 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.
• Current owner paid $125k; 35% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

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

Recommended offer $158,197 (6.4% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 6% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 0.94% ✗
• Cap rate: 8.05%
• Cash-on-cash: 6.27%
• DSCR: 1.28
• GRM: 8.9

CMA / ARV

• ARV (median comp): $232,479
• List price: $169,000
• Delta: -27.31%
• Verdict: UNDERPRICED
• Comps: 17 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -6.7%
• Equity multiple: 0.75×
• Total profit: $-11,721
• Equity at exit: $25,198

10-year hold

• IRR: 2.9%
• Equity multiple: 1.21×
• Total profit: $9,749
• Equity at exit: $14,612

Cash invested: $47,320 (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 17268

• Active inventory: 230
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,582 medium
• Mortgage (P&I): −$886
• Tax from tax record: −$46 /mo · $551/yr
• Insurance: −$70
• HOA: −$0
• Vacancy / Maint / Mgmt: −$332
• Net cashflow: $247

Break-even live

Break-even rent $1,269

Max offer price $169,000

Occupancy floor 79%

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: $42,250
• Closing costs: $5,070
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-18
   days on market $169,000 Active 35 DOM
2. 2026-06-17
   days on market $169,000 Active 34 DOM
3. 2026-06-16
   days on market $169,000 Active 33 DOM
4. 2026-06-15
   days on market $169,000 Active 32 DOM
5. 2026-06-14
   days on market $169,000 Active 30 DOM
6. 2026-06-13
   days on market $169,000 Active 29 DOM
7. 2026-06-10
   days on market $169,000 Active 27 DOM
8. 2026-06-09
   days on market $169,000 Active 26 DOM
9. 2026-06-08
   days on market $169,000 Active 25 DOM
10. 2026-06-07
    days on market $169,000 Active 24 DOM
11. 2026-06-05
    days on market $169,000 Active 21 DOM
12. 2026-06-03
    days on market $169,000 Active 20 DOM
13. 2026-06-02
    days on market $169,000 Active 19 DOM
14. 2026-06-01
    days on market $169,000 Active 18 DOM
15. 2026-05-31
    days on market $169,000 Active 17 DOM
16. 2026-05-30
    days on market $169,000 Active 16 DOM
17. 2026-05-15
    listed $169,000 Active 869-char remark
18. 2026-05-07
    historical $169,000 869-char remark
19. 2006-07-09
    soldstatus $125,000 85-char remark

    Show marketing remark (85 chars)

    Country property w/ 1 3/4 acres, small home w/ 2 BR, 1 bath, small kithche/dining/ LR

20. 2006-05-09
    historical 85-char remark

    Show marketing remark (85 chars)

    Country property w/ 1 3/4 acres, small home w/ 2 BR, 1 bath, small kithche/dining/ LR

21. 2006-05-03
    listed $125,000 85-char remark

    Show marketing remark (85 chars)

    Country property w/ 1 3/4 acres, small home w/ 2 BR, 1 bath, small kithche/dining/ LR

ⓘ 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: $551 · $46/mo
• Projected year-2 tax: $1,611 · $134/mo
• Expected delta: +$1,060/yr (+$88/mo · 192.3%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥95°F today · 14 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% 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: $18,984
• − Mortgage interest: −$9,467
• − Property taxes: −$551
• − Insurance: −$845
• − Repairs & maintenance: −$1,519
• − Management: −$1,519
• − Depreciation: −$4,916
• Taxable income: $167
• Est. tax owed @ 24.0%: −$40
• After-tax cash flow: $2,926/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: Waynesboro Area SD
• NCES district ID: 4225110
• Math proficiency: 36% ▼ -15.00%
• Reading proficiency: 52% ▼ -15.00%
• Median HH income: $50,445
• Composite: 37.79/100
• National rank: #4342
• State rank: #283 of 539 in PA

Livability — Quincy

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

Census & demographics

• County: Franklin County · 56,916 people
• Metro: Chambersburg-Waynesboro, PA
• Population (ZIP): 29,362
• Household income: $73,161
• Rent vs Own: 28.8% rent · 71.2% own
• Severe rent burden: 539.0

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 157,827 people
• By 2030: 158,933 · +0.7%
• By 2040: 159,060 · +0.8%
• By 2050: 155,132 · -1.7%
• By 2075: 138,545 · -12.2%
• By 2100: 112,321 · -28.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 7% Two or more races 6% Black 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Lithuanian 3% Romanian 2% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Franklin

• 2024 margin: Solid R (+43.0) · D 28.1% · R 71.1%
• 2008→2024 swing: -10.4pp toward R · 2008: -32.6pp · 2024: -43.0pp
• All cycles: 2024: R+43.0 2020: R+43.1 2016: R+46.5 2012: R+38.5 2008: R+32.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -113.20%
• Current HPI: 189.6931
• Rent YoY: —
• Metro: Chambersburg-Waynesboro, 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

+35.2% since first listed

5 events — show timeline

• 2026-05-15 Listed $169,000 BRIGHT MLS
• 2026-05-07 Coming Soon $169,000 BRIGHT MLS
• 2006-07-09 Sold (MLS) $125,000 MRIS
• 2006-05-09 Delisted — MRIS
• 2006-05-03 Listed $125,000 MRIS

Property tax history

+18.8%/yr

Latest (2026): $551 · +81.5% YoY. Source: county tax records.