CashFlowRE
Sign in Sign up
700 Salem Rd
D+ Composite 45.09
Why this score? — see what drove the D+ 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 +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Schools +4.1/10.0
  • Livability +3.5/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$35,000

700 Salem Rd · Valley Green, PA 17319
2 bd · 2.0 ba · 1,064 sqft · Manufactured public records · 31 Days on market
Built 1981

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Fully remodeled mobile home. New paint inside and outside. New Skirting New deck New sub floor New laminate flooring New plumbing New kitchen and bathrooms New electric heaters units and air coolers totally redone ready to make it yours. 2 off street parking large lot. $600 lot rent includes water sewer and trash. Must be park approved by PMI. Will put a refrigerator and pay first months rent if full asking price is received. Located in regent acres mobile home park just off exit 35 on route 83

Key facts

  • New paint
  • New skirting
  • New sub floor

Tags

REMODELED MOBILE HOMENEW PAINTNEW SKIRTINGNEW DECKNEW SUB FLOORNEW LAMINATE FLOORING

Property features AI

Exterior

  • Home design: Built in 1981
  • Construction: Living area approximately 896
  • Exterior features: Located in the Etters subdivision

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $35k.

Deal economics

  • At list price, monthly cash flow is $981 ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $35k).
  • Recommended offer: $34k (3.0% below list) — sets the bar for market timing.
  • Cap rate 39.9% vs local median 4.2% in Valley Green — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 70/100 on livability (#773 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
  • West Shore SD (suburban): math 37% / reading 56% proficiency, ranked #222 of 539 in PA (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 45 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $242 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 31 days — a 3% lower offer ($34k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • 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 $33,950 (3.0% below list)

Questions for the listing agent

  1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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
4.39%
Cap rate
39.92%
Cash-on-cash
120.10%
DSCR
6.34
GRM
1.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
Equity multiple
6.80×
Total profit
$56,813
Equity at exit
$5,219
10-year hold
IRR
Equity multiple
14.26×
Total profit
$129,980
Equity at exit
$3,026

Cash invested: $9,800 (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.

ZIP-level market 17319

Home prices YoY
-20.2%
Active inventory
45
Price-to-rent
1.9×

Monthly cashflow live

Estimated rent
$1,536 medium interval (Pro) →
Mortgage (P&I)
$184
Tax from tax record
$35 /mo · $415/yr
Insurance
$15
HOA
$0
Vacancy / Maint / Mgmt
$323
Net cashflow
$981

Break-even live

Break-even rent $295
Max offer price $35,000
Occupancy floor 31%

Sensitivity live

Price -10% $1,001 -5% $991 +0% $981 +5% $971 +10% $961
Rent -10% $859 -5% $920 +0% $981 +5% $1,041 +10% $1,102
Rate -1.0pp $998 -0.5pp $990 base $981 +0.5pp $972 +1.0pp $962

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
$8,750
Closing costs
$1,050
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
40 Red Mill Rd Goldsboro, PA 2.0 2.0 1067 $1,622 $1.52 14d 11 0.59mi
22 Persian Lilac Dr Etters, PA 3.0 1.5 1200 $1,900 $1.58 45d 1 0.64mi
572 Kellinger Rd Lewisberry, PA 2.0 1.0 1102 $1,163 $1.06 14d 2 0.75mi
1660 Bamberger Rd Etters, PA 2.0 1.0 1100 $1,400 $1.27 15d 1 0.78mi

Listing history 4 events

  1. 2026-06-16
    status $35,000 Under Contract 31 DOM
  2. 2026-06-15
    days on market $35,000 Active 31 DOM
  3. 2026-06-14
    remarks 499-char remark
  4. 2026-06-14
    listed $35,000 Active 29 DOM

ⓘ 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
$415 · $35/mo
Projected year-2 tax
$484 · $40/mo
Expected delta
+$69/yr (+$6/mo · 16.6%)

ⓘ 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 5/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$18,433
− Mortgage interest
−$1,961
− Property taxes
−$415
− Insurance
−$175
− Repairs & maintenance
−$1,475
− Management
−$1,475
− Depreciation
−$1,018
Taxable income
$11,915
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,860
After-tax cash flow
$8,910/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
West Shore SD
NCES district ID
4225830
Math proficiency
37% ▼ -12.00%
Reading proficiency
56% ▼ -10.00%
Median HH income
$61,398
Composite
40.9/100
National rank
#3617
State rank
#222 of 539 in PA

Livability — Valley Green

Score
70/100
State rank
#773
US rank
#7809

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
10,990
Population (ZIP)
10,990

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 (94%)
Race & ethnicity
White 94% Two or more races 3% Hispanic / Latino 2%
Common ancestry
Romanian 6% Polish 5% Lithuanian 2%
Foreign-born
1% · Canada
Languages at home
98% English-only · Spanish 1%

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
▼ -68.02%
Current HPI
268.9557
Rent YoY
Metro
State GDP YoY
▲ 1.68%
F500 in state
34

Industry mix (Fortune 500 HQ in PA)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-05-16 Listed $35,000 FSBO.com

Property tax history

+3.0%/yr

Latest (2026): $415 · +5.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…