1511 S Cameron Ter · Harrisburg, PA 17104

$154,900

5 bd · 1.0 ba · 1,952 sqft · SingleFamily public records · 7 Days on market

Built 1912 1,742 sqft lot $79/sqft · 29% below area Est $192k · 19% 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 +26.8/30.0
• ARV discount +15.0/15.0
• DSCR +9.2/10.0
• 1% rule +6.8/10.0
• Livability +4.2/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

HUD Owned. Case#441-330635. All bids & property availability go to the web www. goldenfeather.com. Sold as is. Noncash buyer must have written preapproval. Buyer pays 2% transfer tax. Uninsured cash/conv. Caution utilities are off buyer is responsible to activate to do inspections. Built before 1978 possible LBP. On web 9/19/03.

Key facts

• Flexible space
• Modernized kitchen
• Easy access to i-83

Tags

• UPDATED FLOORING
• MODERNIZED KITCHEN
• STAINLESS STEEL APPLIANCES
• BRIGHT AND OPEN LAYOUT
• FLEXIBLE SPACE
• EASY ACCESS TO I-83

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Natural gas service
• Home design: Detached property; Above-grade finished living space
• Construction: Brick construction; Slab foundation; Built (year per assessor)
• Exterior features: Patio(s); Level entry to main floor

Interior

• Kitchen: Upgraded countertops
• Bedrooms: Three bedrooms on the first upper level; Two bedrooms on the second upper level
• Flooring: Carpet
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating; Natural gas heating and hot water
• Interior features: Attic; Tub with shower; Separate formal dining room; Dining area; Traditional floor plan; Upgraded countertops
• Laundry & utility: Laundry on main floor; Utility room

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $423 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Cap rate 9.6% vs local median 6.7% in Harrisburg — 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 84/100 on livability (#107 in PA, #826 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, crime F.
• Harrisburg City SD (urban): math 6% / reading 13% proficiency, ranked #535 of 539 in PA (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Harrisburg Hs (math 24% / reading 10%, grade F, #399 of 437 statewide, top 92%, 1,230 students, 100% FRL) — zoned schools average 100% FRL vs 82% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.4%/yr); 67 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).
• At $1,831/mo this rent would consume 47% of the median local household income ($47k/yr) (locally 1166% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.4% rent growth), your $43k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 23y 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 $21k; list at $155k implies a 625% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1912 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $154,900

Questions for the listing agent

1. Built in 1912 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.18% ✓
• Cap rate: 9.57%
• Cash-on-cash: 11.69%
• DSCR: 1.52
• GRM: 7.1

CMA / ARV

• ARV (median comp): $191,791
• List price: $154,900
• Delta: -19.23%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1400 S 13th St	0.20mi	5/2.0	2,113 (+8%)	16mo	$185,000	$88	59
1509 Sycamore St	0.55mi	4/1.5 (-1)	1,895 (-3%)	10mo	$208,000	$110	54
549 N 2nd St	0.70mi	4/1.5 (-1)	2,064 (+6%)	1mo	$120,000	$58	50
643 N Front St	0.63mi	5/1.5	2,021 (+4%)	22mo	$123,700	$61	44
546 N 2nd St	0.70mi	5/2.0	2,220 (+14%)	23mo	$137,000	$62	21

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 · 4.43% rent growth · sell at horizon

5-year hold

• IRR: 2.6%
• Equity multiple: 1.10×
• Total profit: $4,484
• Equity at exit: $23,096

10-year hold

• IRR: 13.5%
• Equity multiple: 2.15×
• Total profit: $49,844
• Equity at exit: $13,393

Cash invested: $43,372 (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 17104

• Home prices YoY: -6.3%
• Rents YoY: 4.4%
• Active inventory: 67
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,831 medium
• Mortgage (P&I): −$812
• Tax from tax record: −$147 /mo · $1,763/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$384
• Net cashflow: $423

Break-even live

Break-even rent $1,296

Max offer price $154,900

Occupancy floor 72%

Sensitivity live

Price	-10% $510	-5% $466	+0% $423	+5% $379	+10% $335
Rent	-10% $278	-5% $350	+0% $423	+5% $495	+10% $567
Rate	-1.0pp $501	-0.5pp $462	base $423	+0.5pp $382	+1.0pp $342

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: $38,725
• Closing costs: $4,647
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1414 Berryhill St Harrisburg, PA	5.0	2.0	1786	$1,700	$0.95	24d	1	1.13mi
1610 Hunter St Harrisburg, PA	4.0	1.0	1776	$1,450	$0.82	24d	1	1.19mi

Listing history 6 events

1. 2026-05-14
   listed $154,900 Active 685-char remark
2. 2004-03-30
   soldstatus $21,375
3. 2004-03-15
   soldstatus $21,375 336-char remark

   Show marketing remark (336 chars)

   HUD Owned. Case#441-330635. All bids & property availability go to the web www. goldenfeather.com. Sold as is. Noncash buyer must have written preapproval. Buyer pays 2% transfer tax. Uninsured cash/conv. Caution utilities are off buyer is responsible to activate to do inspections. Built before 1978 possible LBP. On web 9/19/03.

4. 2003-09-19
   listed $22,500 336-char remark

   Show marketing remark (336 chars)

   HUD Owned. Case#441-330635. All bids & property availability go to the web www. goldenfeather.com. Sold as is. Noncash buyer must have written preapproval. Buyer pays 2% transfer tax. Uninsured cash/conv. Caution utilities are off buyer is responsible to activate to do inspections. Built before 1978 possible LBP. On web 9/19/03.

5. 2003-09-19
   historical 336-char remark

   Show marketing remark (336 chars)

   HUD Owned. Case#441-330635. All bids & property availability go to the web www. goldenfeather.com. Sold as is. Noncash buyer must have written preapproval. Buyer pays 2% transfer tax. Uninsured cash/conv. Caution utilities are off buyer is responsible to activate to do inspections. Built before 1978 possible LBP. On web 9/19/03.

6. 1985-12-09
   soldstatus $32,900

ⓘ 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: $1,763 · $147/mo
• Projected year-2 tax: $2,105 · $175/mo
• Expected delta: +$342/yr (+$29/mo · 19.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 67% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,970
• − Mortgage interest: −$8,677
• − Property taxes: −$1,763
• − Insurance: −$774
• − Repairs & maintenance: −$1,758
• − Management: −$1,758
• − Depreciation: −$4,506
• Taxable income: $2,734
• Est. tax owed @ 24.0%: −$656
• After-tax cash flow: $4,415/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: Harrisburg City SD
• NCES district ID: 4211580
• Math proficiency: 6% ▼ -6.00%
• Reading proficiency: 13% ▼ -10.00%
• Median HH income: $33,432
• Composite: 7.6/100
• National rank: #9945
• State rank: #535 of 539 in PA

Livability — Harrisburg

• Score: 84/100
• State rank: #107
• US rank: #826

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Harrisburg, PA
• County: Dauphin County · 247,857 people
• City population: 184,296
• Metro: Harrisburg-Carlisle, PA
• Population (ZIP): 18,541
• Household income: $46,510
• Rent vs Own: 54.4% rent · 45.6% own
• Severe rent burden: 1166.0

Population outlook (Dauphin County) Hauer SSP2

• Today (2025): 281,628 people
• By 2030: 283,549 · +0.7%
• By 2040: 285,385 · +1.3%
• By 2050: 286,188 · +1.6%
• By 2075: 291,053 · +3.3%
• By 2100: 282,374 · +0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Black 44% Hispanic / Latino 29% White 19% Two or more races 12% Asian 3% Native American 1%
• Hispanic origin (detail): Puerto Rican 21% Dominican 6%
• Common ancestry: Polish 1% Romanian 1% Slovak 1%
• Foreign-born: 10% · Canada, China, Vietnam
• Languages at home: 73% English-only · Spanish 21% Other Indo-European 1% Chinese 1%

Political lean MEDSL · Dauphin

• 2024 margin: Lean D (+5.9) · D 52.4% · R 46.5% · Other 1.1%
• 2008→2024 swing: -3.1pp toward R · 2008: 9.1pp · 2024: 5.9pp
• All cycles: 2024: D+5.9 2020: D+8.5 2016: D+2.8 2012: D+6.0 2008: D+9.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -22.83%
• Current HPI: 340.2808
• Rent YoY: ▲ 4.43%
• Metro: Harrisburg-Carlisle, 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

+370.8% since first listed

7 events — show timeline

• 2026-05-21 Pending — BRIGHT MLS
• 2026-05-14 Listed $154,900 BRIGHT MLS
• 2004-03-30 Sold (Public Records) $21,375 Public Records
• 2004-03-15 Sold (MLS) $21,375 BRIGHT MLS
• 2003-09-19 Listing Removed — BRIGHT MLS
• 2003-09-19 Listed $22,500 BRIGHT MLS
• 1985-12-09 Sold (Public Records) $32,900 Public Records

Property tax history

+1.0%/yr

Latest (2026): $1,763 · +1.6% YoY. Source: county tax records.