140 Elm St · Susquehanna Depot, PA 18847

$74,000

3 bd · 1.0 ba · 1,080 sqft · Other · 72 Days on market

Built 1900 6,534 sqft lot $69/sqft · 23% below area Est $96k · 23% under

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Why this score? — see what drove the A- 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 +7.5/10.0
• Schools +3.3/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Instead of paying rent, Take a look at this affordable home , 3 bedrooms, 1 bath in neighborhood setting with gravel driveway for off street parking. Large eat-in kitchen with main floor bedroom and laundry room. Some hardwood floors, 200 amp service, storage shed and nice side porch. Take a look and see if this home can work for you.

Key facts

• Large eat-in kitchen
• Laundry room
• Storage shed

Tags

• GRAVEL DRIVEWAY
• LARGE EAT-IN KITCHEN
• MAIN FLOOR BEDROOM
• LAUNDRY ROOM
• STORAGE SHED
• SIDE PORCH

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $74k.

Deal economics

• At list price, monthly cash flow is $361 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $74k).
• Recommended offer: $70k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 59/100 on livability (#1,549 in PA) — a working-class tenant base; expect higher turnover. Strengths: crime A+, cost of living A+, housing B; Watch: schools F, amenities F, commute F.
• Susquehanna Community SD (rural): math 30% / reading 50% proficiency, ranked #364 of 539 in PA (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 45 active listings in the ZIP; 80 units permitted in Susquehanna County in 2024 (5 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($512 loan paydown + $4k appreciation (5.0% local appreciation)).
• Susquehanna County population projected at -30% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (5.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 8, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 10y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; 48% 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 $69,560 (6.0% below list)

Questions for the listing agent

1. It's been on market 72 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. 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. 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?
6. 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.
7. 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.
8. 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: 1.57% ✓
• Cap rate: 12.15%
• Cash-on-cash: 20.91%
• DSCR: 1.93
• GRM: 5.3

CMA / ARV

• ARV (median comp): $95,989
• List price: $74,000
• Delta: -22.91%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

5.01% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 31.1%
• Equity multiple: 2.94×
• Total profit: $40,123
• Equity at exit: $41,965

10-year hold

• IRR: 29.7%
• Equity multiple: 5.90×
• Total profit: $101,506
• Equity at exit: $72,451

Cash invested: $20,720 (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 18847

• Home prices YoY: 4.2%
• Active inventory: 45
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,165 medium
• Mortgage (P&I): −$388
• Tax from tax record: −$140 /mo · $1,685/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$245
• Net cashflow: $361

Break-even live

Break-even rent $708

Max offer price $74,000

Occupancy floor 64%

Sensitivity live

Price	-10% $403	-5% $382	+0% $361	+5% $340	+10% $319
Rent	-10% $269	-5% $315	+0% $361	+5% $407	+10% $453
Rate	-1.0pp $398	-0.5pp $380	base $361	+0.5pp $342	+1.0pp $322

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: $18,500
• Closing costs: $2,220
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-21
   days on market $74,000 Active 72 DOM
2. 2026-06-18
   days on market $74,000 Active 70 DOM
3. 2026-06-17
   days on market $74,000 Active 69 DOM
4. 2026-06-16
   days on market $74,000 Active 68 DOM
5. 2026-06-15
   days on market $74,000 Active 67 DOM
6. 2026-06-13
   days on market $74,000 Active 65 DOM
7. 2026-06-12
   days on market $74,000 Active 64 DOM
8. 2026-06-09
   pricedays on market $74,000 Active 61 DOM
9. 2026-06-08
   days on market $79,000 Active 60 DOM
10. 2026-06-08
    days on market $79,000 Active 59 DOM
11. 2026-06-07
    days on market $79,000 Active 58 DOM
12. 2026-06-04
    days on market $79,000 Active 55 DOM
13. 2026-06-02
    days on market $79,000 Active 54 DOM
14. 2026-06-01
    days on market $79,000 Active 53 DOM
15. 2026-05-31
    days on market $79,000 Active 52 DOM
16. 2026-04-11
    listed $79,000 Active 336-char remark

    Show marketing remark (336 chars)

    Instead of paying rent, Take a look at this affordable home , 3 bedrooms, 1 bath in neighborhood setting with gravel driveway for off street parking. Large eat-in kitchen with main floor bedroom and laundry room. Some hardwood floors, 200 amp service, storage shed and nice side porch. Take a look and see if this home can work for you.

17. 2021-02-18
    soldstatus $50,000
18. 2016-12-02
    listed $39,900

ⓘ 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: $1,685 · $140/mo
• Projected year-2 tax: $1,685 · $140/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 3/10 Moderate 7 d/yr ≥92°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,979
• − Mortgage interest: −$4,145
• − Property taxes: −$1,685
• − Insurance: −$370
• − Repairs & maintenance: −$1,118
• − Management: −$1,118
• − Depreciation: −$2,153
• Taxable income: $3,390
• Est. tax owed @ 24.0%: −$814
• After-tax cash flow: $3,518/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: Susquehanna Community SD
• NCES district ID: 4222980
• Math proficiency: 30% ▼ -17.00%
• Reading proficiency: 50% ▼ -10.00%
• Median HH income: $39,980
• Composite: 33.46/100
• National rank: #5458
• State rank: #364 of 539 in PA

Livability — Susquehanna Depot

• Score: 59/100
• State rank: #1549
• US rank: #20398

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Susquehanna Depot, PA
• Population (ZIP): 5,082

Population outlook (Susquehanna County) Hauer SSP2

• Today (2025): 37,552 people
• By 2030: 35,270 · -6.1%
• By 2040: 30,663 · -18.3%
• By 2050: 26,492 · -29.5%
• By 2075: 19,658 · -47.7%
• By 2100: 15,179 · -59.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Romanian 5% Lithuanian 2% Iranian 2%
• Foreign-born: 1%
• Languages at home: 97% English-only · German/W. Germanic 1%

Political lean MEDSL · Susquehanna

• 2024 margin: Solid R (+44.7) · D 27.2% · R 71.9%
• 2008→2024 swing: -33.0pp toward R · 2008: -11.7pp · 2024: -44.7pp
• All cycles: 2024: R+44.7 2020: R+41.2 2016: R+42.9 2012: R+21.4 2008: R+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.01%
• Current HPI: 124.2656
• 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

+98.0% since first listed

3 events — show timeline

• 2026-04-11 Listed $79,000 GSBR as distributed by MLS GRID
• 2021-02-18 Sold (Public Records) $50,000 Public Records
• 2016-12-02 Listed $39,900 GSBR as distributed by MLS GRID

Property tax history

+1.7%/yr

Latest (2026): $1,685 · +4.5% YoY. Source: county tax records.