9969 Lincoln Hwy · Snake Spring, PA 15537

$210,000

3 bd · 1.5 ba · 1,840 sqft · Other public records · 9 Days on market

Built 1910 10,454 sqft lot $114/sqft · at area comps Est $212k · at est.

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Why this score? — see what drove the D 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).

• Appreciation +10.0/10.0
• Cash flow +9.0/30.0
• ARV discount +8.0/15.0
• Schools +4.3/10.0
• DSCR +2.5/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.8/10.0

Listing remarks MLS

This Versatile 3 bedroom, 1.5 bath property offers endless possibilities for residential living or commercial use. Conveniently located near shopping, hospital, and ahigh traffic main road, this property provides excellent visibility and accessibility. Features include a spacious garage, additional storage shed, and ample potential for a home based business, office space, boutique, salon, bookstore, or investment opportunity. Whether you are looking for a comfortable charming home or a prime commercial location, this property combines convenience, functionality, and opportunity in one desirable package.

Key facts

• Ceiling fans
• Main floor laundry
• Cozy carpeting

Tags

• HARDWOOD FLOORS
• COZY CARPETING
• CEILING FANS
• WELL-APPOINTED KITCHEN
• DOUBLE-PANE WINDOWS
• MAIN FLOOR LAUNDRY

Property features AI

Finance

• Other: Pets allowed with no specific restrictions
• Financial info: Fee simple ownership; Lease not considered

Exterior

• Parking: Detached 2-car garage (side entry); Driveway; Total 2 garage/parking spaces
• Utilities: 200+ amp electric service; Electric hot water; Oil for heating; Public water and septic; Cable and phone available
• Home design: Detached property; Shingle roof; Not in a federal flood zone; Good condition; Estimated year built
• Construction: Vinyl siding; Stone foundation; Double-pane windows; Garage(s) and shed on property; Building not winterized
• Exterior features: Public utilities available (water, sewer, electric, cable, phone); Municipal trash service; Public water; Public septic

Interior

• Kitchen: Dishwasher; Electric oven/range; Refrigerator
• Bedrooms: Three main-level bedrooms
• Flooring: Carpet; Hardwood; Laminate plank
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Forced air heating; Heat pump(s); Ductless/mini-split cooling; Oil heating fuel; Electric hot water
• Interior features: Ceiling fans; Carpet and wood floors; Estimated living area
• Laundry & utility: Main-floor laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath other listed at $210k.

Deal economics

• At list price, monthly cash flow is $-163 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $181k (13.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $144k (31.6% below list).
• Recommended offer: $144k (31.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Bedford Area SD (town): math 45% / reading 58% proficiency, ranked #170 of 539 in PA (top 32%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Bedford El Sch (math 47% / reading 61%, grade C, #557 of 1,518 statewide, top 37%, 766 students, 51% FRL); Bedford Ms (math 35% / reading 55%, grade D, #187 of 512 statewide, top 38%, 403 students, 43% FRL); Bedford Shs (math 67% / reading 75%, grade B+, #41 of 437 statewide, top 10%, 536 students, 32% FRL).
• Market conditions: 62 active listings in the ZIP; 54 units permitted in Bedford County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $22k of equity ($1k loan paydown + $21k appreciation (10.0% local appreciation)).
• Bedford County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 2, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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 $18k; list at $210k implies a 1035% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $143,714 (31.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. 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: 0.68% ✗
• Cap rate: 5.36%
• Cash-on-cash: -3.33%
• DSCR: 0.85
• GRM: 12.2

CMA / ARV

• ARV (median comp): $212,366
• List price: $210,000
• Delta: -1.11%
• Verdict: FAIR
• Comps: 4 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.9%
• Equity multiple: 2.77×
• Total profit: $103,896
• Equity at exit: $189,185

10-year hold

• IRR: 19.7%
• Equity multiple: 6.34×
• Total profit: $313,994
• Equity at exit: $407,984

Cash invested: $58,800 (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 15537

• Home prices YoY: 17.3%
• Active inventory: 62
• Price-to-rent: 12.2×

Monthly cashflow live

• Estimated rent: $1,437 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$110 /mo · $1,319/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $-163

Break-even live

Break-even rent $1,644

Max offer price $181,144

Occupancy floor —

Sensitivity live

Price	-10% $-44	-5% $-104	+0% $-163	+5% $-223	+10% $-282
Rent	-10% $-277	-5% $-220	+0% $-163	+5% $-107	+10% $-50
Rate	-1.0pp $-58	-0.5pp $-110	base $-163	+0.5pp $-218	+1.0pp $-273

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-05-11
   status Pending 1602-char remark
2. 2026-05-09
   status Pending 610-char remark

   Show marketing remark (610 chars)

   This Versatile 3 bedroom, 1.5 bath property offers endless possibilities for residential living or commercial use. Conveniently located near shopping, hospital, and ahigh traffic main road, this property provides excellent visibility and accessibility. Features include a spacious garage, additional storage shed, and ample potential for a home based business, office space, boutique, salon, bookstore, or investment opportunity. Whether you are looking for a comfortable charming home or a prime commercial location, this property combines convenience, functionality, and opportunity in one desirable package.

3. 2026-05-02
   listed $210,000 Active 1602-char remark

   Show marketing remark (610 chars)

   This Versatile 3 bedroom, 1.5 bath property offers endless possibilities for residential living or commercial use. Conveniently located near shopping, hospital, and ahigh traffic main road, this property provides excellent visibility and accessibility. Features include a spacious garage, additional storage shed, and ample potential for a home based business, office space, boutique, salon, bookstore, or investment opportunity. Whether you are looking for a comfortable charming home or a prime commercial location, this property combines convenience, functionality, and opportunity in one desirable package.

4. 2026-05-02
   listed $210,000 Active 610-char remark

   Show marketing remark (610 chars)

   This Versatile 3 bedroom, 1.5 bath property offers endless possibilities for residential living or commercial use. Conveniently located near shopping, hospital, and ahigh traffic main road, this property provides excellent visibility and accessibility. Features include a spacious garage, additional storage shed, and ample potential for a home based business, office space, boutique, salon, bookstore, or investment opportunity. Whether you are looking for a comfortable charming home or a prime commercial location, this property combines convenience, functionality, and opportunity in one desirable package.

5. 1978-06-01
   soldstatus $18,500

ⓘ 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: $1,319 · $110/mo
• Projected year-2 tax: $2,319 · $193/mo
• Expected delta: +$999/yr (+$83/mo · 75.8%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥95°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,246
• − Mortgage interest: −$11,763
• − Property taxes: −$1,319
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,380
• − Management: −$1,380
• − Depreciation: −$6,109
• Taxable loss: −$5,755
• Est. tax savings @ 24.0%: +$1,381
• After-tax cash flow: $-579/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: Bedford Area SD
• NCES district ID: 4203180
• Math proficiency: 45% ▼ -1.00%
• Reading proficiency: 58% ▼ -1.00%
• Median HH income: $43,718
• Composite: 43.38/100
• National rank: #3025
• State rank: #170 of 539 in PA

Livability — Snake Spring

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

Census & demographics

• Population (ZIP): 8,272

Population outlook (Bedford County) Hauer SSP2

• Today (2025): 45,395 people
• By 2030: 43,353 · -4.5%
• By 2040: 38,858 · -14.4%
• By 2050: 34,162 · -24.7%
• By 2075: 24,868 · -45.2%
• By 2100: 16,910 · -62.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 6% Italian 2% Iranian 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Bedford

• 2024 margin: Solid R (+68.6) · D 15.4% · R 84.0%
• 2008→2024 swing: -23.8pp toward R · 2008: -44.8pp · 2024: -68.6pp
• All cycles: 2024: R+68.6 2020: R+67.7 2016: R+67.4 2012: R+54.9 2008: R+44.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 37.19%
• Current HPI: 252.292
• 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

+1035.1% since first listed

5 events — show timeline

• 2026-05-11 Pending — BRIGHT MLS
• 2026-05-09 Pending — AHARMLS
• 2026-05-02 Listed $210,000 AHARMLS
• 2026-05-02 Listed $210,000 BRIGHT MLS
• 1978-06-01 Sold (Public Records) $18,500 Public Records

Property tax history

+2.2%/yr

Latest (2026): $1,319 · +8.8% YoY. Source: county tax records.