630 S Main St · Knox, PA 16232

$10,000

3 bd · 1.0 ba · 660 sqft · SingleFamily public records · 240 Days on market

Built 1928 4,356 sqft lot $15/sqft · 77% below area ↓ 57% since listing

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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 +4.2/10.0
• Appreciation +4.1/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

3 bedroom house needs a complete remodel or torn down to build something new. No interior access for safety reasons. being sold AS IS no warranty or guarantee.

Key facts

• 4,356 sq ft lot
• Built 1928
• Listed 239 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $10k.

Deal economics

• At list price, monthly cash flow is $632 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($887 rent vs $10k).
• Recommended offer: $9k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 78/100 on livability (#271 in PA, #2,387 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Keystone SD (rural): math 34% / reading 66% proficiency, ranked #188 of 539 in PA (top 35%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 11 active listings in the ZIP; 25 units permitted in Clarion County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.8%/yr); year-one equity from $69 of loan paydown is wiped out by about $182 of value loss. Plan a longer hold.
• Clarion County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-1.8% appreciation + 3.0% rent growth), your $3k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 240 days — a 12% lower offer ($9k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $6k (39%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $8,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 240 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1928 — 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 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?
6. 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?
7. 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.
8. 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.
9. 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: 8.87% ✓
• Cap rate: 82.11%
• Cash-on-cash: 270.77%
• DSCR: 13.05
• GRM: 0.9

CMA / ARV

• ARV (median comp): $81,106
• List price: $10,000
• Delta: -87.67%
• Verdict: UNDERPRICED
• Comps: 6 within 1.0 mi

Projected returns pro-forma

-1.82% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 14.98×
• Total profit: $39,136
• Equity at exit: $2,026

10-year hold

• IRR: —
• Equity multiple: 31.86×
• Total profit: $86,402
• Equity at exit: $1,813

Cash invested: $2,800 (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.

Methodology + full state rankings →

ZIP-level market 16232

• Home prices YoY: -1.3%
• Active inventory: 11
• Price-to-rent: 0.9×

Monthly cashflow live

• Estimated rent: $887 medium
• Mortgage (P&I): −$52
• Tax est. 1.5%: −$12 /mo · $150/yr
• Insurance: −$4
• HOA: −$0
• Vacancy / Maint / Mgmt: −$186
• Net cashflow: $632

Break-even live

Break-even rent $87

Max offer price $10,000

Occupancy floor 24%

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: $2,500
• Closing costs: $300
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-18
   days on market $10,000 Active 240 DOM
2. 2026-06-17
   days on market $10,000 Active 239 DOM
3. 2026-06-16
   days on market $10,000 Active 238 DOM
4. 2026-06-15
   days on market $10,000 Active 237 DOM
5. 2026-06-13
   days on market $10,000 Active 235 DOM
6. 2026-06-12
   days on market $10,000 Active 234 DOM
7. 2026-06-09
   days on market $10,000 Active 231 DOM
8. 2026-06-08
   days on market $10,000 Active 230 DOM
9. 2026-06-08
   days on market $10,000 Active 229 DOM
10. 2026-06-07
    days on market $10,000 Active 228 DOM
11. 2026-06-04
    days on market $10,000 Active 225 DOM
12. 2026-06-02
    days on market $10,000 Active 224 DOM
13. 2026-06-01
    days on market $10,000 Active 223 DOM
14. 2026-05-31
    days on market $10,000 Active 222 DOM
15. 2026-04-23
    price $10,000 159-char remark

    Show marketing remark (159 chars)

    3 bedroom house needs a complete remodel or torn down to build something new. No interior access for safety reasons. being sold AS IS no warranty or guarantee.

16. 2026-03-04
    price $14,000 159-char remark

    Show marketing remark (159 chars)

    3 bedroom house needs a complete remodel or torn down to build something new. No interior access for safety reasons. being sold AS IS no warranty or guarantee.

17. 2025-10-21
    listed $16,500 Active 159-char remark

    Show marketing remark (159 chars)

    3 bedroom house needs a complete remodel or torn down to build something new. No interior access for safety reasons. being sold AS IS no warranty or guarantee.

18. 2024-04-24
    soldstatus $9,900 Closed 93-char remark

    Show marketing remark (93 chars)

    This home needs TLC being sold as-is with any remaining contents. Good project for the savvy.

19. 2024-03-31
    historical Active Under Contract 93-char remark

    Show marketing remark (93 chars)

    This home needs TLC being sold as-is with any remaining contents. Good project for the savvy.

20. 2024-03-27
    listed $9,900 Active 93-char remark

    Show marketing remark (93 chars)

    This home needs TLC being sold as-is with any remaining contents. Good project for the savvy.

21. 1982-08-01
    soldstatus $23,500

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥93°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,647
• − Mortgage interest: −$560
• − Property taxes: −$150
• − Insurance: −$50
• − Repairs & maintenance: −$852
• − Management: −$852
• − Depreciation: −$291
• Taxable income: $7,892
• Est. tax owed @ 24.0%: −$1,894
• After-tax cash flow: $5,688/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: Keystone SD
• NCES district ID: 4212720
• Math proficiency: 34% ▼ -16.00%
• Reading proficiency: 66% ▼ -6.00%
• Median HH income: $45,395
• Composite: 42.22/100
• National rank: #3285
• State rank: #188 of 539 in PA

Livability — Knox

• Score: 78/100
• State rank: #271
• US rank: #2387

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Knox, PA
• Population (ZIP): 4,091

Population outlook (Clarion County) Hauer SSP2

• Today (2025): 37,796 people
• By 2030: 36,830 · -2.6%
• By 2040: 34,113 · -9.7%
• By 2050: 31,092 · -17.7%
• By 2075: 24,200 · -36.0%
• By 2100: 18,737 · -50.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Two or more races 3%
• Common ancestry: Iranian 5% Slovak 2% Serbian 2%
• Foreign-born: 0%
• Languages at home: 94% English-only · German/W. Germanic 5%

Political lean MEDSL · Clarion

• 2024 margin: Solid R (+53.1) · D 23.1% · R 76.2%
• 2008→2024 swing: -30.7pp toward R · 2008: -22.4pp · 2024: -53.1pp
• All cycles: 2024: R+53.1 2020: R+50.8 2016: R+47.4 2012: R+36.1 2008: R+22.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.82%
• Current HPI: 142.8245
• 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

-57.4% since first listed

7 events — show timeline

• 2026-04-23 Price Changed $10,000 AVBREALTORS
• 2026-03-04 Price Changed $14,000 AVBREALTORS
• 2025-10-21 Listed $16,500 AVBREALTORS
• 2024-04-24 Sold (MLS) $9,900 AVBREALTORS
• 2024-03-31 Contingent — AVBREALTORS
• 2024-03-27 Listed $9,900 AVBREALTORS
• 1982-08-01 Sold (Public Records) $23,500 Public Records

Property tax history

+15.0%/yr

Latest (2026): $4,141 · +369.9% YoY. Source: county tax records.