284 Chesapeake Est · Weigelstown, PA 17364

$80,000

3 bd · 1.0 ba · 1,080 sqft · Manufactured public records · 42 Days on market

Built 2022 $74/sqft · 68% above area

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Why this score? — see what drove the A- 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
• Appreciation +9.7/10.0
• ARV discount +7.5/15.0
• Schools +4.8/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Nestled in the charming Chesapeake Estates, this delightful ranch-style home offers a perfect blend of comfort and modern living. Built in 2022, this well-maintained manufactured residence boasts 1,080 square feet of thoughtfully designed space, ideal for creating lasting memories. Step inside to discover a warm and inviting atmosphere, featuring three spacious bedrooms and two full bathrooms. The open layout encourages seamless flow between living areas, making it perfect for both relaxation and entertaining. Natural light pours in through large windows, enhancing the cozy ambiance throughout. The exterior showcases durable vinyl and aluminum siding, ensuring low maintenance and lasting appeal. Enjoy the convenience of a private driveway, providing ample parking for you and your guests. While there’s no pool, the expansive outdoor space offers endless possibilities for gardening, outdoor gatherings, or simply soaking up the sun. Chesapeake Estates is a welcoming community that emphasizes comfort and convenience, with easy access to local amenities, including a community playground and dog park. Whether you’re looking for a peaceful retreat or a vibrant place to call home, this property is a canvas for your dreams. Don’t miss the opportunity to make this charming residence your own—schedule a showing today and envision the life you can create here! Schedule your showing today before its gone!

Key facts

• Durable vinyl siding
• Private driveway
• Built 2022

Tags

• PRIVATE DRIVEWAY
• DURABLE VINYL SIDING
• EXPANSIVE OUTDOOR SPACE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath manufactured listed at $80k.

Deal economics

• At list price, monthly cash flow is $710 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $80k).
• Recommended offer: $78k (3.0% below list) — sets the bar for market timing.
• Cap rate 16.9% vs local median 3.4% in Weigelstown — 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 74/100 on livability (#527 in PA, #4,886 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D-, amenities F, commute F.
• Spring Grove Area SD (suburban): math 45% / reading 65% proficiency, ranked #98 of 539 in PA (top 18%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 14 active listings in the ZIP; 1,328 units permitted in York County in 2024 (338 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($553 loan paydown + $7k appreciation (9.3% local appreciation)).
• At projected returns (9.3% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 8y 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 $17k; list at $80k implies a 373% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $77,600 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 2.03% ✓
• Cap rate: 16.94%
• Cash-on-cash: 38.04%
• DSCR: 2.69
• GRM: 4.1

CMA / ARV

• ARV (median comp): $50,721
• List price: $80,000
• Delta: 57.72%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

9.34% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 52.7%
• Equity multiple: 4.81×
• Total profit: $85,251
• Equity at exit: $68,260

10-year hold

• IRR: 46.8%
• Equity multiple: 10.59×
• Total profit: $214,738
• Equity at exit: $143,330

Cash invested: $22,400 (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 17364

• Home prices YoY: 3.9%
• Active inventory: 14
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,623 medium
• Mortgage (P&I): −$420
• Tax from tax record: −$119 /mo · $1,430/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$341
• Net cashflow: $710

Break-even live

Break-even rent $724

Max offer price $80,000

Occupancy floor 51%

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-05-05
   price $80,000 1439-char remark

   Show marketing remark (1439 chars)

   Nestled in the charming Chesapeake Estates, this delightful ranch-style home offers a perfect blend of comfort and modern living. Built in 2022, this well-maintained manufactured residence boasts 1,080 square feet of thoughtfully designed space, ideal for creating lasting memories. Step inside to discover a warm and inviting atmosphere, featuring three spacious bedrooms and two full bathrooms. The open layout encourages seamless flow between living areas, making it perfect for both relaxation and entertaining. Natural light pours in through large windows, enhancing the cozy ambiance throughout. The exterior showcases durable vinyl and aluminum siding, ensuring low maintenance and lasting appeal. Enjoy the convenience of a private driveway, providing ample parking for you and your guests. While there’s no pool, the expansive outdoor space offers endless possibilities for gardening, outdoor gatherings, or simply soaking up the sun. Chesapeake Estates is a welcoming community that emphasizes comfort and convenience, with easy access to local amenities, including a community playground and dog park. Whether you’re looking for a peaceful retreat or a vibrant place to call home, this property is a canvas for your dreams. Don’t miss the opportunity to make this charming residence your own—schedule a showing today and envision the life you can create here! Schedule your showing today before its gone!

2. 2026-04-07
   listed $84,000 Active 1439-char remark

   Show marketing remark (1439 chars)

   Nestled in the charming Chesapeake Estates, this delightful ranch-style home offers a perfect blend of comfort and modern living. Built in 2022, this well-maintained manufactured residence boasts 1,080 square feet of thoughtfully designed space, ideal for creating lasting memories. Step inside to discover a warm and inviting atmosphere, featuring three spacious bedrooms and two full bathrooms. The open layout encourages seamless flow between living areas, making it perfect for both relaxation and entertaining. Natural light pours in through large windows, enhancing the cozy ambiance throughout. The exterior showcases durable vinyl and aluminum siding, ensuring low maintenance and lasting appeal. Enjoy the convenience of a private driveway, providing ample parking for you and your guests. While there’s no pool, the expansive outdoor space offers endless possibilities for gardening, outdoor gatherings, or simply soaking up the sun. Chesapeake Estates is a welcoming community that emphasizes comfort and convenience, with easy access to local amenities, including a community playground and dog park. Whether you’re looking for a peaceful retreat or a vibrant place to call home, this property is a canvas for your dreams. Don’t miss the opportunity to make this charming residence your own—schedule a showing today and envision the life you can create here! Schedule your showing today before its gone!

3. 2019-03-08
   soldstatus $16,900 Closed 539-char remark

   Show marketing remark (539 chars)

   Seller is selling the title to this home only. Buyer will need to work with the park in order to get occupancy or have the mobile home removed from the park. The home features an open floor plan, 4 bedrooms and 2 full bathrooms. The property needs work but is 2000 square feet and less than 10 years old! The exterior boast a large shed and backs into farm land allowing for some peace and privacy. New flooring is needed and appliances are not included with the sale. Priced low, this is a great opportunity to get some fast sweat equity

4. 2019-02-12
   status Pending 539-char remark

   Show marketing remark (539 chars)

   Seller is selling the title to this home only. Buyer will need to work with the park in order to get occupancy or have the mobile home removed from the park. The home features an open floor plan, 4 bedrooms and 2 full bathrooms. The property needs work but is 2000 square feet and less than 10 years old! The exterior boast a large shed and backs into farm land allowing for some peace and privacy. New flooring is needed and appliances are not included with the sale. Priced low, this is a great opportunity to get some fast sweat equity

5. 2019-01-30
   price $15,900 539-char remark

   Show marketing remark (539 chars)

   Seller is selling the title to this home only. Buyer will need to work with the park in order to get occupancy or have the mobile home removed from the park. The home features an open floor plan, 4 bedrooms and 2 full bathrooms. The property needs work but is 2000 square feet and less than 10 years old! The exterior boast a large shed and backs into farm land allowing for some peace and privacy. New flooring is needed and appliances are not included with the sale. Priced low, this is a great opportunity to get some fast sweat equity

6. 2019-01-30
   status Active 539-char remark

   Show marketing remark (539 chars)

   Seller is selling the title to this home only. Buyer will need to work with the park in order to get occupancy or have the mobile home removed from the park. The home features an open floor plan, 4 bedrooms and 2 full bathrooms. The property needs work but is 2000 square feet and less than 10 years old! The exterior boast a large shed and backs into farm land allowing for some peace and privacy. New flooring is needed and appliances are not included with the sale. Priced low, this is a great opportunity to get some fast sweat equity

7. 2019-01-02
   status Pending 539-char remark

   Show marketing remark (539 chars)

   Seller is selling the title to this home only. Buyer will need to work with the park in order to get occupancy or have the mobile home removed from the park. The home features an open floor plan, 4 bedrooms and 2 full bathrooms. The property needs work but is 2000 square feet and less than 10 years old! The exterior boast a large shed and backs into farm land allowing for some peace and privacy. New flooring is needed and appliances are not included with the sale. Priced low, this is a great opportunity to get some fast sweat equity

8. 2018-12-21
   historical Active Under Contract 539-char remark

   Show marketing remark (539 chars)

   Seller is selling the title to this home only. Buyer will need to work with the park in order to get occupancy or have the mobile home removed from the park. The home features an open floor plan, 4 bedrooms and 2 full bathrooms. The property needs work but is 2000 square feet and less than 10 years old! The exterior boast a large shed and backs into farm land allowing for some peace and privacy. New flooring is needed and appliances are not included with the sale. Priced low, this is a great opportunity to get some fast sweat equity

9. 2018-12-14
   listed $21,900 Active 539-char remark

   Show marketing remark (539 chars)

   Seller is selling the title to this home only. Buyer will need to work with the park in order to get occupancy or have the mobile home removed from the park. The home features an open floor plan, 4 bedrooms and 2 full bathrooms. The property needs work but is 2000 square feet and less than 10 years old! The exterior boast a large shed and backs into farm land allowing for some peace and privacy. New flooring is needed and appliances are not included with the sale. Priced low, this is a great opportunity to get some fast sweat equity

ⓘ 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: $1,430 · $119/mo
• Projected year-2 tax: $1,430 · $119/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 6/10 Major 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% 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: $19,476
• − Mortgage interest: −$4,481
• − Property taxes: −$1,430
• − Insurance: −$400
• − Repairs & maintenance: −$1,558
• − Management: −$1,558
• − Depreciation: −$2,327
• Taxable income: $7,721
• Est. tax owed @ 24.0%: −$1,853
• After-tax cash flow: $6,668/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: Spring Grove Area SD
• NCES district ID: 4222590
• Math proficiency: 45% ▼ -14.00%
• Reading proficiency: 65% ▼ -9.00%
• Median HH income: $64,950
• Composite: 48.28/100
• National rank: #2155
• State rank: #98 of 539 in PA

Livability — Weigelstown

• Score: 74/100
• State rank: #527
• US rank: #4886

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,963

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 (90%)
• Race & ethnicity: White 90% Two or more races 5% Hispanic / Latino 3% Black 1%
• Common ancestry: Polish 3% Slovak 2% Lithuanian 2%
• Languages at home: 98% English-only · Other Asian/Pacific 1% Spanish 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: ▲ 9.34%
• Current HPI: 249.3969
• 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

+265.3% since first listed

9 events — show timeline

• 2026-05-05 Price Changed $80,000 BRIGHT MLS
• 2026-04-07 Listed $84,000 BRIGHT MLS
• 2019-03-08 Sold (MLS) $16,900 BRIGHT MLS
• 2019-02-12 Pending — BRIGHT MLS
• 2019-01-30 Price Changed $15,900 BRIGHT MLS
• 2019-01-30 Relisted — BRIGHT MLS
• 2019-01-02 Pending — BRIGHT MLS
• 2018-12-21 Contingent — BRIGHT MLS
• 2018-12-14 Listed $21,900 BRIGHT MLS

Property tax history

-0.9%/yr

Latest (2025): $1,430 · +1.1% YoY. Source: county tax records.