413 Walker St · Osceola Mills, PA 16666

$115,000

3 bd · 1.0 ba · 1,104 sqft · Other public records · 243 Days on market

Built 1910 0.25 ac lot $104/sqft · 26% below area Est $155k · 26% under

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Why this score? — see what drove the B- 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 +23.2/30.0
• ARV discount +15.0/15.0
• DSCR +7.5/10.0
• Appreciation +5.8/10.0
• 1% rule +5.1/10.0
• Schools +3.9/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Charming 3-Bedroom Home on Dead-End Street Welcome to this beautiful 3-bedroom, 1-bath home with plenty of character. Located on dead-end street, this property offers comfort, privacy, and convenience. 3 bedrooms (1 currently set up as an entrapped office) Bright and freshly painted interior throughout Recent updates including new furnace and windows for peace of mind Large 2-car garage with electric – perfect for vehicles, storage, or a workshop. A shed for your gardening tools & lawn mower. Beautiful backyard with room to relax and entertain Cozy fire pit area for evenings outdoors This home combines charm and practicality, making it a fantastic opportunity for homeowners or investors alike. ;; Don’t miss your chance to own this well-maintained home in a desirable location!

Key facts

• 0.25 acre lot
• 2 garage spots
• Built 1910

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $115k.

Deal economics

• At list price, monthly cash flow is $209 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).
• Recommended offer: $101k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#1,099 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Philipsburg-Osceola Area SD (town): math 42% / reading 52% proficiency, ranked #258 of 539 in PA (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 13 active listings in the ZIP; 399 units permitted in Centre County in 2024 (44 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($795 loan paydown + $2k appreciation (1.7% local appreciation)).
• Centre County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (1.7% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 243 days — a 12% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $8k; list at $115k implies a 1253% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $101,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 243 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 1910 — 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 B-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. 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: 1.01% ✓
• Cap rate: 8.47%
• Cash-on-cash: 7.78%
• DSCR: 1.35
• GRM: 8.3

CMA / ARV

• ARV (median comp): $154,745
• List price: $115,000
• Delta: -25.68%
• Verdict: UNDERPRICED
• Comps: 12 within 1.0 mi

Projected returns pro-forma

1.67% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.3%
• Equity multiple: 1.60×
• Total profit: $19,245
• Equity at exit: $43,335

10-year hold

• IRR: 14.4%
• Equity multiple: 2.87×
• Total profit: $60,187
• Equity at exit: $60,884

Cash invested: $32,200 (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 16666

• Home prices YoY: 1.4%
• Active inventory: 13
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,161 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$57 /mo · $688/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$244
• Net cashflow: $209

Break-even live

Break-even rent $897

Max offer price $115,000

Occupancy floor 77%

Sensitivity live

Price	-10% $274	-5% $241	+0% $209	+5% $176	+10% $144
Rent	-10% $117	-5% $163	+0% $209	+5% $255	+10% $301
Rate	-1.0pp $267	-0.5pp $238	base $209	+0.5pp $179	+1.0pp $149

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-05-12
   status Pending 806-char remark

   Show marketing remark (806 chars)

   Charming 3-Bedroom Home on Dead-End Street Welcome to this beautiful 3-bedroom, 1-bath home with plenty of character. Located on dead-end street, this property offers comfort, privacy, and convenience. 3 bedrooms (1 currently set up as an entrapped office) Bright and freshly painted interior throughout Recent updates including new furnace and windows for peace of mind Large 2-car garage with electric – perfect for vehicles, storage, or a workshop. A shed for your gardening tools & lawn mower. Beautiful backyard with room to relax and entertain Cozy fire pit area for evenings outdoors This home combines charm and practicality, making it a fantastic opportunity for homeowners or investors alike. ;; Don’t miss your chance to own this well-maintained home in a desirable location!

2. 2026-03-31
   price $115,000 806-char remark

   Show marketing remark (806 chars)

   Charming 3-Bedroom Home on Dead-End Street Welcome to this beautiful 3-bedroom, 1-bath home with plenty of character. Located on dead-end street, this property offers comfort, privacy, and convenience. 3 bedrooms (1 currently set up as an entrapped office) Bright and freshly painted interior throughout Recent updates including new furnace and windows for peace of mind Large 2-car garage with electric – perfect for vehicles, storage, or a workshop. A shed for your gardening tools & lawn mower. Beautiful backyard with room to relax and entertain Cozy fire pit area for evenings outdoors This home combines charm and practicality, making it a fantastic opportunity for homeowners or investors alike. ;; Don’t miss your chance to own this well-maintained home in a desirable location!

3. 2026-03-14
   price $125,000 806-char remark

   Show marketing remark (806 chars)

   Charming 3-Bedroom Home on Dead-End Street Welcome to this beautiful 3-bedroom, 1-bath home with plenty of character. Located on dead-end street, this property offers comfort, privacy, and convenience. 3 bedrooms (1 currently set up as an entrapped office) Bright and freshly painted interior throughout Recent updates including new furnace and windows for peace of mind Large 2-car garage with electric – perfect for vehicles, storage, or a workshop. A shed for your gardening tools & lawn mower. Beautiful backyard with room to relax and entertain Cozy fire pit area for evenings outdoors This home combines charm and practicality, making it a fantastic opportunity for homeowners or investors alike. ;; Don’t miss your chance to own this well-maintained home in a desirable location!

4. 2025-10-24
   price $130,000 806-char remark

   Show marketing remark (806 chars)

   Charming 3-Bedroom Home on Dead-End Street Welcome to this beautiful 3-bedroom, 1-bath home with plenty of character. Located on dead-end street, this property offers comfort, privacy, and convenience. 3 bedrooms (1 currently set up as an entrapped office) Bright and freshly painted interior throughout Recent updates including new furnace and windows for peace of mind Large 2-car garage with electric – perfect for vehicles, storage, or a workshop. A shed for your gardening tools & lawn mower. Beautiful backyard with room to relax and entertain Cozy fire pit area for evenings outdoors This home combines charm and practicality, making it a fantastic opportunity for homeowners or investors alike. ;; Don’t miss your chance to own this well-maintained home in a desirable location!

5. 2025-09-11
   listed $141,000 Active 806-char remark

   Show marketing remark (806 chars)

   Charming 3-Bedroom Home on Dead-End Street Welcome to this beautiful 3-bedroom, 1-bath home with plenty of character. Located on dead-end street, this property offers comfort, privacy, and convenience. 3 bedrooms (1 currently set up as an entrapped office) Bright and freshly painted interior throughout Recent updates including new furnace and windows for peace of mind Large 2-car garage with electric – perfect for vehicles, storage, or a workshop. A shed for your gardening tools & lawn mower. Beautiful backyard with room to relax and entertain Cozy fire pit area for evenings outdoors This home combines charm and practicality, making it a fantastic opportunity for homeowners or investors alike. ;; Don’t miss your chance to own this well-maintained home in a desirable location!

6. 1972-07-27
   soldstatus $8,500

ⓘ 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: $688 · $57/mo
• Projected year-2 tax: $1,253 · $104/mo
• Expected delta: +$564/yr (+$47/mo · 82.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥90°F today · 17 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: $13,931
• − Mortgage interest: −$6,442
• − Property taxes: −$688
• − Insurance: −$575
• − Repairs & maintenance: −$1,115
• − Management: −$1,115
• − Depreciation: −$3,345
• Taxable income: $652
• Est. tax owed @ 24.0%: −$156
• After-tax cash flow: $2,349/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: Philipsburg-Osceola Area SD
• NCES district ID: 4219020
• Math proficiency: 42% ▼ -9.00%
• Reading proficiency: 52% ▼ -10.00%
• Median HH income: $40,645
• Composite: 39.37/100
• National rank: #3977
• State rank: #258 of 539 in PA

Livability — Osceola Mills

• Score: 65/100
• State rank: #1099
• US rank: #12436

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 2,774

Population outlook (Centre County) Hauer SSP2

• Today (2025): 177,113 people
• By 2030: 185,138 · +4.5%
• By 2040: 196,009 · +10.7%
• By 2050: 205,070 · +15.8%
• By 2075: 217,575 · +22.8%
• By 2100: 230,649 · +30.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Hispanic / Latino 2% Two or more races 1%
• Common ancestry: Romanian 11% Lithuanian 6% Scotch-Irish 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Centre

• 2024 margin: Toss-up / Even · D 50.9% · R 48.1% · Other 1.0%
• 2008→2024 swing: -9.0pp toward R · 2008: 11.8pp · 2024: 2.8pp
• All cycles: 2024: D+2.8 2020: D+4.8 2016: D+1.9 2012: R+0.0 2008: D+11.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.67%
• Current HPI: 125.5277
• 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

+1252.9% since first listed

6 events — show timeline

• 2026-05-12 Pending — BRIGHT MLS
• 2026-03-31 Price Changed $115,000 BRIGHT MLS
• 2026-03-14 Price Changed $125,000 BRIGHT MLS
• 2025-10-24 Price Changed $130,000 BRIGHT MLS
• 2025-09-11 Listed $141,000 BRIGHT MLS
• 1972-07-27 Sold (Public Records) $8,500 Public Records

Property tax history

+1.5%/yr

Latest (2026): $688 · +3.7% YoY. Source: county tax records.