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3 Woodland Ln Lot 3
B+ Composite 77.65
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +5.2/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$75,000

3 Woodland Ln Lot 3 · Longswamp, PA 19539
2 bd · 2.0 ba · 840 sqft · Land · 108 Days on market
Built 2024 $89/sqft · 27% below area Est $103k · 27% under ↓ 11% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Brand New all 1 floor manufactured home with 2 bedrooms and 2 baths. Very nice kitchen that flows into the living room. Laundry room next to kitchen. Front bedroom has a closet and its own full bath. Larger main bedroom also has its private bathroom. Base lot rent of $675 per month. Utility fees of $60 per occupant which includes refuse, water, sewer, common area maintenance including snow removal, mowing and landscaping. Owner is responsible for their yard mowing and driveway snow removal. Pets are permitted but there are restrictions and fees on a monthly basis at $20 per pet per month not to exceed 2.

Key facts

  • Parking
  • Built 2024
  • Listed 108 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath land listed at $75k.

Deal economics

  • At list price, monthly cash flow is $1k ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $75k).
  • Recommended offer: $68k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Brandywine Heights Area SD (suburban): math 48% / reading 66% proficiency, ranked #241 of 658 in PA (top 37%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 20% free/reduced lunch — higher-income household profile.
  • Market conditions: 26 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 258 units permitted in Berks County in 2024 (27 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Berks County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 108 days — a 9% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $27k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $68,250 (9.0% below list)

Questions for the listing agent

  1. It's been on market 108 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
2.60%
Cap rate
22.65%
Cash-on-cash
58.41%
DSCR
3.60
GRM
3.2

CMA / ARV

ARV (median comp)
$102,968
List price
$75,000
Delta
-27.16%
Verdict
UNDERPRICED
Comps
13 within 1.0 mi

Projected returns pro-forma

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

5-year hold
IRR
57.0%
Equity multiple
3.52×
Total profit
$52,980
Equity at exit
$11,183
10-year hold
IRR
61.9%
Equity multiple
7.19×
Total profit
$130,085
Equity at exit
$6,485

Cash invested: $21,000 (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.

ZIP-level market 19539

Home prices YoY
-5.1%
Active inventory
26
Price-to-rent
3.2×

Monthly cashflow live

Estimated rent
$1,950 medium interval (Pro) →
Mortgage (P&I)
$393
Tax est. 1.5%
$94 /mo · $1,125/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$410
Net cashflow
$1,022

Break-even live

Break-even rent $656
Max offer price $75,000
Occupancy floor 43%

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
$18,750
Closing costs
$2,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
17 Barclay St Mertztown, PA 2.0 1.5 1000 $1,950 $1.95 44d 1 1.07mi

Listing history 25 events

  1. 2026-06-18
    days on market $75,000 Active 108 DOM
  2. 2026-06-17
    days on market $75,000 Active 107 DOM
  3. 2026-06-16
    days on market $75,000 Active 106 DOM
  4. 2026-06-15
    price $75,000 Active 105 DOM
  5. 2026-06-15
    days on market $91,900 Active 105 DOM
  6. 2026-06-14
    days on market $91,900 Active 103 DOM
  7. 2026-06-13
    days on market $91,900 Active 102 DOM
  8. 2026-06-10
    days on market $91,900 Active 100 DOM
  9. 2026-06-09
    days on market $91,900 Active 99 DOM
  10. 2026-06-08
    days on market $91,900 Active 98 DOM
  11. 2026-06-07
    days on market $91,900 Active 97 DOM
  12. 2026-06-05
    days on market $91,900 Active 94 DOM
  13. 2026-06-03
    days on market $91,900 Active 93 DOM
  14. 2026-06-02
    days on market $91,900 Active 92 DOM
  15. 2026-06-01
    days on market $91,900 Active 91 DOM
  16. 2026-05-31
    days on market $91,900 Active 90 DOM
  17. 2026-05-31
    days on market $91,900 Active 89 DOM
  18. 2026-04-24
    price $91,900 612-char remark
    Show marketing remark (612 chars)

    Brand New all 1 floor manufactured home with 2 bedrooms and 2 baths. Very nice kitchen that flows into the living room. Laundry room next to kitchen. Front bedroom has a closet and its own full bath. Larger main bedroom also has its private bathroom. Base lot rent of $675 per month. Utility fees of $60 per occupant which includes refuse, water, sewer, common area maintenance including snow removal, mowing and landscaping. Owner is responsible for their yard mowing and driveway snow removal. Pets are permitted but there are restrictions and fees on a monthly basis at $20 per pet per month not to exceed 2.

  19. 2026-03-02
    listed $101,900 Active 612-char remark
    Show marketing remark (612 chars)

    Brand New all 1 floor manufactured home with 2 bedrooms and 2 baths. Very nice kitchen that flows into the living room. Laundry room next to kitchen. Front bedroom has a closet and its own full bath. Larger main bedroom also has its private bathroom. Base lot rent of $675 per month. Utility fees of $60 per occupant which includes refuse, water, sewer, common area maintenance including snow removal, mowing and landscaping. Owner is responsible for their yard mowing and driveway snow removal. Pets are permitted but there are restrictions and fees on a monthly basis at $20 per pet per month not to exceed 2.

  20. 2026-02-26
    historical
  21. 2026-01-10
    price $99,900
  22. 2025-10-02
    listed $103,500 Active
  23. 2025-06-18
    historical
  24. 2025-05-23
    price $525
  25. 2025-02-06
    listed $500 Active

ⓘ 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 4/10 Moderate
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 14% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,400
− Mortgage interest
−$4,201
− Property taxes
−$1,125
− Insurance
−$375
− Repairs & maintenance
−$1,872
− Management
−$1,872
− Depreciation
−$2,182
Taxable income
$11,773
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,826
After-tax cash flow
$9,441/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
Brandywine Heights Area SD
NCES district ID
4204050
Math proficiency
48% ▲ 1.00%
Reading proficiency
66% ▼ -1.00%
Median HH income
$62,904
Composite
51.52/100
National rank
#3670
State rank
#241 of 658 in PA

Livability — Longswamp

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Population (ZIP)
4,112

Population outlook (Berks County) Hauer SSP2

Today (2025)
425,767 people
By 2030
428,814 · +0.7%
By 2040
433,463 · +1.8%
By 2050
439,426 · +3.2%
By 2075
478,647 · +12.4%
By 2100
518,507 · +21.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (95%)
Race & ethnicity
White 95% Two or more races 2% Hispanic / Latino 2%
Common ancestry
Polish 9% Romanian 2% Lithuanian 1%
Foreign-born
1% · Canada
Languages at home
97% English-only · German/W. Germanic 3% Spanish 1%

Political lean MEDSL · Berks

2024 margin
R (+12.2) · D 43.4% · R 55.6%
2008→2024 swing
-21.4pp toward R · 2008: 9.2pp · 2024: -12.2pp
All cycles
2024: R+12.2 2020: R+8.2 2016: R+10.2 2012: R+0.6 2008: D+9.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -14.38%
Current HPI
269.7792
Rent YoY
Metro
State GDP YoY
▲ 1.68%
F500 in state
34

Industry mix (Fortune 500 HQ in PA)

Industry F500 HQs Revenue

Price history

-11.2% since first listed
8 events — show timeline
  • 2026-04-24 Price Changed $91,900 BRIGHT MLS
  • 2026-03-02 Listed $101,900 BRIGHT MLS
  • 2026-02-26 Listing Removed BRIGHT MLS
  • 2026-01-10 Price Changed $99,900 BRIGHT MLS
  • 2025-10-02 Listed $103,500 BRIGHT MLS
  • 2025-06-18 Listing Removed GLVRMLS
  • 2025-05-23 Price Changed $525 GLVRMLS
  • 2025-02-06 Listed $500 GLVRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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