534 Second Ave · Jessup, PA 18434

$127,500

2 bd · 1.5 ba · 910 sqft · SingleFamily · 63 Days on market

Built 1930 3,484 sqft lot Est $135k · 5% 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 +20.4/30.0
• ARV discount +9.9/15.0
• DSCR +6.5/10.0
• 1% rule +5.4/10.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

2 STORY HOME, IT APPEARS TO HAVE BEEN REMODELED IN THE LAST FEW YEARS. INSULATION, DRYWALL, PLUMBING, 200 AMP SERVICE, HARDWOOD & TILE FLOORS, WOOD KITCHEN CABINETS WITH SELF CLOSING DRAWERS, ISLAND, JACUZZI TUB, FIRST FLOOR 1/2 BATH WITH A POCKET DOOR, CENTRAL AC, RINNAI ON DEMAND HOT WATER HEATER, SMALL PORCH RIGHT OFF THE MASTER BEDROOM, AND MUCHMORE. IT APPEARS THAT IT JUST NEEDS A FEW SMALL ITEMS, SUCH AS SOME EXTERIOR PAINTING, AND A FEW PIECES OF SIDING, ETC. . TO FINISH. ALL UTILITIES ARE ON AND FUNCTIONING! PERFECT FOR SOMONE TO MOVE IN AND FINISH THE EXTERIOR IN THE SPRING!!! THIS WILL BE A CASH, OR CONVENTIONAL LOAN SALE ONLY ! ''''''AGENTS, SEE PRIVATE REMARKS''''''All in

Key facts

• Remodeled
• Tile floors
• Self closing drawers

Tags

• REMODELED
• HARDWOOD FLOORS
• TILE FLOORS
• WOOD KITCHEN CABINETS
• SELF CLOSING DRAWERS
• ISLAND

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $128k.

Deal economics

• At list price, monthly cash flow is $167 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $128k).
• Recommended offer: $120k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 67/100 on livability (#988 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.
• Valley View SD (rural): math 34% / reading 57% proficiency, ranked #269 of 539 in PA (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Valley View Intrmd Sch (math 28% / reading 60%, grade F, #858 of 1,518 statewide, top 57%, 540 students, 34% FRL); Valley View Ms (math 8% / reading 52%, grade F, #382 of 512 statewide, top 75%, 563 students, 38% FRL); Valley View Hs (math 72%, 761 students, 25% FRL) — zoned schools at 32% FRL track the district average.
• Market conditions: 15 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 251 units permitted in Lackawanna County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $882 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Lackawanna County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($120k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 22y ago; this cycle's ask has dropped $12k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $119,850 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 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 1930 — 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 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?
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: 1.04% ✓
• Cap rate: 7.86%
• Cash-on-cash: 5.60%
• DSCR: 1.25
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $134,680
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
522 1st Ave	0.11mi	2/1.0	829 (-9%)	1mo	$180,000	$217	77
130 Buttonwood St	0.43mi	2/1.0	867 (-5%)	1mo	$154,500	$178	69
343 Atlantic St	0.28mi	2/2.0	881 (-3%)	18mo	$119,000	$135	65
121 River St	0.44mi	2/1.0	908 (-0%)	19mo	$105,000	$116	62
313 Dolph St	0.45mi	2/1.0	1,010 (+11%)	1mo	$149,900	$148	58
100 Vass St	0.54mi	2/1.0	984 (+8%)	3mo	$187,975	$191	57
127 Olga St	0.65mi	2/1.0	1,000 (+10%)	3mo	$89,900	$90	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -7.6%
• Equity multiple: 0.72×
• Total profit: $-10,031
• Equity at exit: $19,011

10-year hold

• IRR: 2.0%
• Equity multiple: 1.14×
• Total profit: $5,008
• Equity at exit: $11,024

Cash invested: $35,700 (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 18434

• Home prices YoY: -19.9%
• Active inventory: 15
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,326 medium
• Mortgage (P&I): −$669
• Tax est. 1.5%: −$159 /mo · $1,912/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$279
• Net cashflow: $167

Break-even live

Break-even rent $1,115

Max offer price $127,500

Occupancy floor 82%

Sensitivity live

Price	-10% $255	-5% $211	+0% $167	+5% $123	+10% $78
Rent	-10% $62	-5% $114	+0% $167	+5% $219	+10% $271
Rate	-1.0pp $231	-0.5pp $199	base $167	+0.5pp $134	+1.0pp $100

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: $31,875
• Closing costs: $3,825
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
101 Clarkson Ave Unit 2 Jessup, PA	3.0	1.0	1000	$1,500	$1.50	15d	1	0.64mi
1017 Main St Unit 2 Peckville, PA	1.0	1.0	700	$1,050	$1.50	15d	1	0.94mi
104 Adams Ave Apt 2 Olyphant, PA	2.0	1.0	900	$1,300	$1.44	15d	1	1.35mi

Listing history 6 events

1. 2026-02-19
   status Pending
2. 2026-01-09
   price $127,500
3. 2026-01-01
   status Active
4. 2025-12-20
   status Pending
5. 2025-12-05
   listed $139,900 Active
6. 2004-06-05
   listed $48,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 72% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 8 d/yr ≥92°F today · 18 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,915
• − Mortgage interest: −$7,142
• − Property taxes: −$1,912
• − Insurance: −$638
• − Repairs & maintenance: −$1,273
• − Management: −$1,273
• − Depreciation: −$3,709
• Taxable loss: −$33
• Est. tax savings @ 24.0%: +$8
• After-tax cash flow: $2,007/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: Valley View SD
• NCES district ID: 4224650
• Math proficiency: 34% ▼ -10.00%
• Reading proficiency: 57% ▼ -12.00%
• Median HH income: $45,562
• Composite: 38.54/100
• National rank: #4174
• State rank: #269 of 539 in PA

Livability — Jessup

• Score: 67/100
• State rank: #988
• US rank: #10864

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jessup, PA
• City population: 4,019
• Population (ZIP): 4,019

Population outlook (Lackawanna County) Hauer SSP2

• Today (2025): 210,652 people
• By 2030: 208,623 · -1.0%
• By 2040: 203,980 · -3.2%
• By 2050: 201,069 · -4.5%
• By 2075: 205,026 · -2.7%
• By 2100: 210,851 · +0.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 16% Hispanic / Latino 10%
• Hispanic origin (detail): Puerto Rican 9%
• Common ancestry: Romanian 23% Scotch-Irish 10% Dutch 2%
• Foreign-born: 2% · Canada
• Languages at home: 93% English-only · Spanish 5% Other Indo-European 2% Tagalog/Filipino 1%

Political lean MEDSL · Lackawanna

• 2024 margin: Toss-up / Even · D 51.0% · R 48.3%
• 2008→2024 swing: -23.2pp toward R · 2008: 26.0pp · 2024: 2.8pp
• All cycles: 2024: D+2.8 2020: D+8.4 2016: D+3.4 2012: D+27.4 2008: D+26.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -46.04%
• Current HPI: 184.8942
• 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

+165.6% since first listed

6 events — show timeline

• 2026-02-19 Pending — GSBR as distributed by MLS GRID
• 2026-01-09 Price Changed $127,500 GSBR as distributed by MLS GRID
• 2026-01-01 Relisted — GSBR as distributed by MLS GRID
• 2025-12-20 Pending — GSBR as distributed by MLS GRID
• 2025-12-05 Listed $139,900 GSBR as distributed by MLS GRID
• 2004-06-05 Listed $48,000 GSBR as distributed by MLS GRID

Property tax history

+36.4%/yr

Latest (2026): $36,789 · +2364.7% YoY. Source: county tax records.