910 Smith Dr · New Salem, PA 17408

$95,000

4 bd · 2.0 ba · 1,143 sqft · SingleFamily public records · 46 Days on market

Built 1890 4,129 sqft lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.3/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don't miss this beautiful 4 bedroom, 2 bathroom home in West York School District. Everything has been completely renovated. Every finishing touch, from the freshly painted walls to the newly installed flooring, really make this feel like home. Completed with a fenced yard and 2-car detached garage, this property is just waiting for someone to call it theirs! Schedule your showing today!

Key facts

• Newer roof
• Front porch
• Central air

Tags

• NEWER ROOF
• CENTRAL AIR
• FENCED-IN YARD
• FRONT PORCH
• QUIET DEAD-END STREET

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $845 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $95k).
• Recommended offer: $92k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#1,075 in PA) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: schools F, amenities F, commute F.
• West York Area SD (suburban): math 29% / reading 45% proficiency, ranked #379 of 539 in PA (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 146 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 1,328 units permitted in York County in 2024 (338 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 24y ago; this cycle's ask has dropped $105k (52%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.3% of price; built in 1890 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,150 (3.0% below list)

Questions for the listing agent

1. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-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: 2.20% ✓
• Cap rate: 16.97%
• Cash-on-cash: 38.14%
• DSCR: 2.70
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $222,885
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
948 Stoverstown Rd	0.18mi	3/1.0 (-1)	1,042 (-9%)	16mo	$203,000	$195	54

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: 34.3%
• Equity multiple: 2.45×
• Total profit: $38,570
• Equity at exit: $14,165

10-year hold

• IRR: 41.2%
• Equity multiple: 4.89×
• Total profit: $103,411
• Equity at exit: $8,214

Cash invested: $26,600 (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 17408

• Home prices YoY: -26.6%
• Active inventory: 146
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $2,086 medium
• Mortgage (P&I): −$498
• Tax from tax record: −$265 /mo · $3,178/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $845

Break-even live

Break-even rent $1,016

Max offer price $95,000

Occupancy floor 54%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1242 Ledge Dr York, PA	3.0	2.5	1440	$1,795	$1.25	21d	1	0.83mi

Listing history 23 events

1. 2026-04-14
   price $95,000
2. 2026-01-27
   status Pending
3. 2025-12-12
   listed $199,900 Active
4. 2019-10-25
   soldstatus $152,500
5. 2019-10-22
   soldstatus $152,500 Closed 391-char remark

   Show marketing remark (391 chars)

   Don't miss this beautiful 4 bedroom, 2 bathroom home in West York School District. Everything has been completely renovated. Every finishing touch, from the freshly painted walls to the newly installed flooring, really make this feel like home. Completed with a fenced yard and 2-car detached garage, this property is just waiting for someone to call it theirs! Schedule your showing today!

6. 2019-09-23
   status Pending 391-char remark

   Show marketing remark (391 chars)

   Don't miss this beautiful 4 bedroom, 2 bathroom home in West York School District. Everything has been completely renovated. Every finishing touch, from the freshly painted walls to the newly installed flooring, really make this feel like home. Completed with a fenced yard and 2-car detached garage, this property is just waiting for someone to call it theirs! Schedule your showing today!

7. 2019-09-04
   price $150,000 391-char remark

   Show marketing remark (391 chars)

   Don't miss this beautiful 4 bedroom, 2 bathroom home in West York School District. Everything has been completely renovated. Every finishing touch, from the freshly painted walls to the newly installed flooring, really make this feel like home. Completed with a fenced yard and 2-car detached garage, this property is just waiting for someone to call it theirs! Schedule your showing today!

8. 2019-07-29
   price $155,000 391-char remark

   Show marketing remark (391 chars)

   Don't miss this beautiful 4 bedroom, 2 bathroom home in West York School District. Everything has been completely renovated. Every finishing touch, from the freshly painted walls to the newly installed flooring, really make this feel like home. Completed with a fenced yard and 2-car detached garage, this property is just waiting for someone to call it theirs! Schedule your showing today!

9. 2019-07-01
   price $160,000 391-char remark

   Show marketing remark (391 chars)

   Don't miss this beautiful 4 bedroom, 2 bathroom home in West York School District. Everything has been completely renovated. Every finishing touch, from the freshly painted walls to the newly installed flooring, really make this feel like home. Completed with a fenced yard and 2-car detached garage, this property is just waiting for someone to call it theirs! Schedule your showing today!

10. 2019-05-15
    price $165,000 391-char remark

    Show marketing remark (391 chars)

    Don't miss this beautiful 4 bedroom, 2 bathroom home in West York School District. Everything has been completely renovated. Every finishing touch, from the freshly painted walls to the newly installed flooring, really make this feel like home. Completed with a fenced yard and 2-car detached garage, this property is just waiting for someone to call it theirs! Schedule your showing today!

11. 2019-04-21
    listed $170,000 Active 391-char remark

    Show marketing remark (391 chars)

    Don't miss this beautiful 4 bedroom, 2 bathroom home in West York School District. Everything has been completely renovated. Every finishing touch, from the freshly painted walls to the newly installed flooring, really make this feel like home. Completed with a fenced yard and 2-car detached garage, this property is just waiting for someone to call it theirs! Schedule your showing today!

12. 2019-01-11
    soldstatus $49,800
13. 2019-01-07
    soldstatus $49,800 Closed 206-char remark

    Show marketing remark (206 chars)

    Handyman special! Bring your tools, paintbrushes & ideas. Detached 2-car garage w/ alleyway access, large shed & smaller shed. Situated on a quiet no-outlet street. Being sold "AS-IS".

14. 2018-10-26
    status Pending 206-char remark

    Show marketing remark (206 chars)

    Handyman special! Bring your tools, paintbrushes & ideas. Detached 2-car garage w/ alleyway access, large shed & smaller shed. Situated on a quiet no-outlet street. Being sold "AS-IS".

15. 2018-10-09
    price $49,800 206-char remark

    Show marketing remark (206 chars)

    Handyman special! Bring your tools, paintbrushes & ideas. Detached 2-car garage w/ alleyway access, large shed & smaller shed. Situated on a quiet no-outlet street. Being sold "AS-IS".

16. 2018-09-18
    listed $64,500 Active 206-char remark

    Show marketing remark (206 chars)

    Handyman special! Bring your tools, paintbrushes & ideas. Detached 2-car garage w/ alleyway access, large shed & smaller shed. Situated on a quiet no-outlet street. Being sold "AS-IS".

17. 2014-02-03
    historical
18. 2013-02-04
    listed $29,000
19. 2005-12-07
    soldstatus $75,000
20. 2002-09-16
    soldstatus $49,900
21. 2002-08-14
    historical
22. 2002-07-23
    listed $49,900
23. 1998-02-02
    soldstatus $55,000

ⓘ 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: $3,178 · $265/mo
• Projected year-2 tax: $3,178 · $265/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 12% 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: $25,033
• − Mortgage interest: −$5,321
• − Property taxes: −$3,178
• − Insurance: −$475
• − Repairs & maintenance: −$2,003
• − Management: −$2,003
• − Depreciation: −$2,764
• Taxable income: $9,290
• Est. tax owed @ 24.0%: −$2,229
• After-tax cash flow: $7,915/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: West York Area SD
• NCES district ID: 4225980
• Math proficiency: 29% ▼ -8.00%
• Reading proficiency: 45% ▼ -12.00%
• Median HH income: $54,375
• Composite: 32.36/100
• National rank: #5736
• State rank: #379 of 539 in PA

Livability — New Salem

• Score: 66/100
• State rank: #1075
• US rank: #12137

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: York County · 278,806 people
• Metro: York-Hanover, PA
• Population (ZIP): 25,431
• Household income: $94,565
• Rent vs Own: 25.9% rent · 74.1% own
• Severe rent burden: 435.0

Population outlook (York County) Hauer SSP2

• Today (2025): 454,205 people
• By 2030: 457,407 · +0.7%
• By 2040: 457,529 · +0.7%
• By 2050: 448,261 · -1.3%
• By 2075: 427,388 · -5.9%
• By 2100: 384,218 · -15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 8% Two or more races 6% Black 5% Asian 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 6%
• Common ancestry: Romanian 2% Slovak 2% Italian 1%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 89% English-only · Spanish 6% Other Indo-European 2% Vietnamese 1%

Political lean MEDSL · York

• 2024 margin: Strong R (+25.3) · D 36.9% · R 62.1%
• 2008→2024 swing: -11.7pp toward R · 2008: -13.6pp · 2024: -25.3pp
• All cycles: 2024: R+25.3 2020: R+24.6 2016: R+29.3 2012: R+21.2 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -86.74%
• Current HPI: 239.5179
• Rent YoY: —
• Metro: York-Hanover, 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

+72.7% since first listed

23 events — show timeline

• 2026-04-14 Price Changed $95,000 BRIGHT MLS
• 2026-01-27 Pending — BRIGHT MLS
• 2025-12-12 Listed $199,900 BRIGHT MLS
• 2019-10-25 Sold (Public Records) $152,500 Public Records
• 2019-10-22 Sold (MLS) $152,500 BRIGHT MLS
• 2019-09-23 Pending — BRIGHT MLS
• 2019-09-04 Price Changed $150,000 BRIGHT MLS
• 2019-07-29 Price Changed $155,000 BRIGHT MLS
• 2019-07-01 Price Changed $160,000 BRIGHT MLS
• 2019-05-15 Price Changed $165,000 BRIGHT MLS
• 2019-04-21 Listed $170,000 BRIGHT MLS
• 2019-01-11 Sold (Public Records) $49,800 Public Records
• 2019-01-07 Sold (MLS) $49,800 BRIGHT MLS
• 2018-10-26 Pending — BRIGHT MLS
• 2018-10-09 Price Changed $49,800 BRIGHT MLS
• 2018-09-18 Listed $64,500 BRIGHT MLS
• 2014-02-03 Listing Removed — BRIGHT MLS
• 2013-02-04 Listed $29,000 BRIGHT MLS
• 2005-12-07 Sold (Public Records) $75,000 Public Records
• 2002-09-16 Sold (MLS) $49,900 BRIGHT MLS
• 2002-08-14 Listing Removed — BRIGHT MLS
• 2002-07-23 Listed $49,900 BRIGHT MLS
• 1998-02-02 Sold (Public Records) $55,000 Public Records

Property tax history

+2.6%/yr

Latest (2025): $3,178 · +2.6% YoY. Source: county tax records.