511 Earnhardt Dr · East Altoona, PA 16601

$42,000

3 bd · 2.0 ba · 910 sqft · Manufactured · 16 Days on market

Built 2006 Fair condition Est $36k · 15% over $408/mo HOA · 33% of rent

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.2/5.0
• ARV discount +0.6/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

2006 Skyline doublewide in Camelot Woods Mobile Home Community. Three bedrooms, two baths. Large corner lot with driveway. Lot rent includes sewer & trash. Worth a look. Reduced.

Key facts

• Built 2006
• Listed 16 days

Property features AI

Finance

• HOA & community: Homeowners association with a monthly fee of $408

Exterior

• Utilities: Public water
• Home design: Manufactured home; One story; Residential zoning
• Construction: Aluminum siding; Shingle roof
• Exterior features: Deck; Patio; Shed(s); Level lot

Interior

• Kitchen: Dishwasher; Microwave; Oven; Range; Refrigerator
• Bedrooms: Total rooms: 8
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating (natural gas); Ceiling fan(s)
• Interior features: Eat-in kitchen; Walk-in closet(s)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $42k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $290 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $42k).
• Recommended offer: $41k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Altoona Area SD (urban): math 30% / reading 44% proficiency, ranked #406 of 539 in PA (top 75%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 186 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 99 units permitted in Blair County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $290 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Blair County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $12k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($41k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 15y 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 $23k; list at $42k implies a 83% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 33% of rent.

Recommended offer $41,370 (1.5% below list)

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 2.98% ✓
• Cap rate: 14.59%
• Cash-on-cash: 29.63%
• DSCR: 2.32
• GRM: 2.8

CMA / ARV

• ARV (on-the-fly): $36,400
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
227 Bud Cir	0.64mi	3/2.0	960 (+6%)	13mo	$38,000	$40	50

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: 24.5%
• Equity multiple: 2.02×
• Total profit: $11,959
• Equity at exit: $6,262

10-year hold

• IRR: 32.6%
• Equity multiple: 4.00×
• Total profit: $35,324
• Equity at exit: $3,631

Cash invested: $11,760 (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 16601

• Home prices YoY: -24.9%
• Active inventory: 186
• Price-to-rent: 2.8×

Monthly cashflow live

• Estimated rent: $1,251 medium
• Mortgage (P&I): −$220
• Tax est. 1.5%: −$52 /mo · $630/yr
• Insurance: −$18
• HOA: −$408
• Vacancy / Maint / Mgmt: −$263
• Net cashflow: $290

Break-even live

Break-even rent $884

Max offer price $42,000

Occupancy floor 72%

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: $10,500
• Closing costs: $1,260
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1101 E Walton Ave Altoona, PA	2.0–3.0	1.0–1.5	975	$1,605	$1.65	44d	9	1.21mi

HOA detail

• Monthly dues: $408 · $4,896/yr
• Likely covers: sewertrash

Listing history 11 events

1. 2026-06-05
   status $42,000 Pending 16 DOM
2. 2026-06-03
   days on market $42,000 Active 16 DOM
3. 2026-06-02
   days on market $42,000 Active 15 DOM
4. 2026-06-01
   days on market $42,000 Active 14 DOM
5. 2026-05-31
   days on market $42,000 Active 13 DOM
6. 2026-05-30
   days on market $42,000 Active 12 DOM
7. 2026-05-15
   listed $42,000 Active
8. 2014-09-16
   soldstatus $23,000 184-char remark

   Show marketing remark (184 chars)

   2006 Skyline doublewide in Camelot Woods Mobile Home Community. Three bedrooms, two baths. Large corner lot with driveway. Lot rent includes sewer & trash. Worth a look. Reduced.

9. 2013-04-25
   listed $25,500 184-char remark

   Show marketing remark (184 chars)

   2006 Skyline doublewide in Camelot Woods Mobile Home Community. Three bedrooms, two baths. Large corner lot with driveway. Lot rent includes sewer & trash. Worth a look. Reduced.

10. 2012-11-26
    soldstatus $25,000 211-char remark

    Show marketing remark (211 chars)

    Like new 2006 Skyline doublewide in Camelot Woods mobile home community. Three bedrooms, two baths. Large corner lot. Driveway. Lot rent includes sewer and trash. Doublewide can be moved as well. Priced to sell!

11. 2011-09-03
    listed $27,500 211-char remark

    Show marketing remark (211 chars)

    Like new 2006 Skyline doublewide in Camelot Woods mobile home community. Three bedrooms, two baths. Large corner lot. Driveway. Lot rent includes sewer and trash. Doublewide can be moved as well. Priced to sell!

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥91°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,017
• − Mortgage interest: −$2,353
• − Property taxes: −$630
• − Insurance: −$210
• − Repairs & maintenance: −$1,201
• − Management: −$1,201
• − HOA: −$4,896
• − Depreciation: −$1,222
• Taxable income: $3,304
• Est. tax owed @ 24.0%: −$793
• After-tax cash flow: $2,692/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This manufactured home requires moderate renovations to improve its condition and appeal. Key areas for improvement include the deck flooring, kitchen cabinets, and bathroom fixtures.

Repairs flagged

• Major deck flooring — damaged and uneven
• Moderate kitchen cabinets — dated and worn
• Moderate bathroom fixtures — standard and dated

Value-add opportunities

• Resale paint interior walls — enhances curb appeal
• Resale replace deck flooring — improves functionality and appearance
• Both update kitchen cabinets — enhances functionality and appearance
• Both update bathroom fixtures — enhances functionality and appearance

Renovation cost estimate screening

Repair item	Severity	Est. cost
deck flooring · damaged and uneven	Major	$15,000–50,000
kitchen cabinets · dated and worn	Moderate	$3,000–15,000
bathroom fixtures · standard and dated	Moderate	$3,000–15,000
Total estimated repair cost · 3 items		$21,000–80,000

Value-add ROI direction

• Resale paint interior walls — enhances curb appeal ↑
• Resale replace deck flooring — improves functionality and appearance ↑
• Both update kitchen cabinets — enhances functionality and appearance ↑
• Both update bathroom fixtures — enhances functionality and appearance ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Altoona Area SD
• NCES district ID: 4202340
• Math proficiency: 30% ▼ -15.00%
• Reading proficiency: 44% ▼ -15.00%
• Median HH income: $38,465
• Composite: 30.85/100
• National rank: #6130
• State rank: #406 of 539 in PA

Livability — East Altoona

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

Census & demographics

• Census place: East Altoona, PA
• County: Blair County · 59,867 people
• Metro: Altoona, PA
• Population (ZIP): 33,515
• Household income: $58,070
• Rent vs Own: 30.6% rent · 69.4% own
• Severe rent burden: 715.0

Population outlook (Blair County) Hauer SSP2

• Today (2025): 121,571 people
• By 2030: 117,966 · -3.0%
• By 2040: 109,174 · -10.2%
• By 2050: 99,542 · -18.1%
• By 2075: 76,775 · -36.8%
• By 2100: 54,326 · -55.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 5% Black 3% Hispanic / Latino 1%
• Common ancestry: Romanian 5% Slovak 2% Lithuanian 2%
• Foreign-born: 1% · Vietnam
• Languages at home: 97% English-only · German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Blair

• 2024 margin: Solid R (+43.5) · D 27.9% · R 71.4%
• 2008→2024 swing: -19.2pp toward R · 2008: -24.3pp · 2024: -43.5pp
• All cycles: 2024: R+43.5 2020: R+43.5 2016: R+46.4 2012: R+33.5 2008: R+24.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -60.97%
• Current HPI: 183.9907
• Rent YoY: —
• Metro: Altoona, 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

+52.7% since first listed

5 events — show timeline

• 2026-05-15 Listed $42,000 AHARMLS
• 2014-09-16 Sold (MLS) $23,000 AHARMLS
• 2013-04-25 Listed $25,500 AHARMLS
• 2012-11-26 Sold (MLS) $25,000 AHARMLS
• 2011-09-03 Listed $27,500 AHARMLS