700 Salem Rd Lot 62 · Fairview, PA 17319

$35,000

2 bd · 2.0 ba · 938 sqft · Manufactured public records · 46 Days on market

Built 1994 $37/sqft · 37% below area Est $55k · 37% under $510/mo HOA · 36% of rent

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.2/5.0
• Schools +4.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

2br/2ba single wide mobile home constructed in 1994. BUYER MUST GET PARK APPROVED. 924 sq ft of living space. The sale includes refrigerator, electric stove, washer and dryer. All of the appliances are fairly new. This is a very livable trailer that needs some work. The AC compressor is not working. The roof has some damage from limbs that fell from a tree that has since been removed. The amount of work that is needed is reflected in the low price. The driveway provides parking for 2 to 3 cars. The lot rent is $475 and it includes trash and sewer.

Key facts

• New flooring
• New roof
• New shed

Tags

• NEW ROOF
• NEW FLOORING
• NEW SHED

Property features AI

Finance

• Other: Property manager present
• Financial info: Ownership listed as ground rent
• HOA & community: Monthly ground rent / HOA fee of $510 (includes sewer); Ground rent paid monthly

Exterior

• Parking: Driveway parking (2 spaces); Total of 2 garage/parking spaces
• Utilities: Electric available; Electric hot water; Community water; Community septic tank
• Home design: Manufactured home (single wide, Fleetwood); Combination construction; Shingle roof; Pilings foundation; Above-grade finished living space reported by assessor
• Construction: Combination construction materials; Pilings foundation; Shingle roof; Manufactured structure
• Exterior features: Shed on property; Not in a federal flood zone; Tidal water: no

Interior

• Bedrooms: 2 bedrooms on the main level
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms (both on the main level)
• Heating & cooling: Central heating; Electric heating fuel; Other cooling (electric)
• Interior features: Vinyl flooring; One fireplace; No basement; Living area measured by assessor

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $35k.

Deal economics

• At list price, monthly cash flow is $376 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $34k (3.0% below list) — sets the bar for market timing.
• Cap rate 19.2% vs local median 2.0% in Fairview — 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 83/100 on livability (#123 in PA, #963 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F.
• West Shore SD (suburban): math 37% / reading 56% proficiency, ranked #222 of 539 in PA (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Fishing Creek El Sch (math 48% / reading 66%, grade C+, #444 of 1,518 statewide, top 32%, 434 students, 29% FRL); Crossroads Ms (math 26% / reading 58%, grade D-, #221 of 512 statewide, top 45%, 651 students, 36% FRL); Red Land Shs (math 56% / reading 75%, grade B, #65 of 437 statewide, top 15%, 1,101 students, 27% FRL).
• Market conditions: 45 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $242 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($34k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y 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 $24k; 49% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: HOA is 36% of rent.
• 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 $33,950 (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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 4.05% ✓
• Cap rate: 19.17%
• Cash-on-cash: 46.00%
• DSCR: 3.05
• GRM: 2.1

CMA / ARV

• ARV (median comp): $55,183
• List price: $35,000
• Delta: -36.57%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 43.7%
• Equity multiple: 2.90×
• Total profit: $18,587
• Equity at exit: $5,219

10-year hold

• IRR: 49.9%
• Equity multiple: 5.93×
• Total profit: $48,336
• Equity at exit: $3,026

Cash invested: $9,800 (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 17319

• Home prices YoY: -20.2%
• Active inventory: 45
• Price-to-rent: 2.1×

Monthly cashflow live

• Estimated rent: $1,416 medium
• Mortgage (P&I): −$184
• Tax from tax record: −$35 /mo · $421/yr
• Insurance: −$15
• HOA: −$510
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $376

Break-even live

Break-even rent $941

Max offer price $35,000

Occupancy floor 68%

Sensitivity live

Price	-10% $396	-5% $386	+0% $376	+5% $366	+10% $356
Rent	-10% $264	-5% $320	+0% $376	+5% $432	+10% $488
Rate	-1.0pp $393	-0.5pp $385	base $376	+0.5pp $367	+1.0pp $357

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
40 Red Mill Rd Goldsboro, PA	2.0	2.0	1067	$1,622	$1.52	15d	11	0.59mi
572 Kellinger Rd Lewisberry, PA	2.0	1.0	1102	$1,163	$1.06	15d	2	0.75mi
1660 Bamberger Rd Etters, PA	2.0	1.0	1100	$1,400	$1.27	15d	1	0.78mi

HOA detail

• Monthly dues: $510 · $6,120/yr
• Likely covers: sewertrashelectric

Listing history 13 events

1. 2026-06-09
   status $35,000 Pending 46 DOM
2. 2026-06-08
   days on market $35,000 Active 46 DOM
3. 2026-06-07
   days on market $35,000 Active 45 DOM
4. 2026-06-05
   days on market $35,000 Active 42 DOM
5. 2026-06-03
   days on market $35,000 Active 41 DOM
6. 2026-06-02
   days on market $35,000 Active 40 DOM
7. 2026-06-01
   days on market $35,000 Active 39 DOM
8. 2026-05-31
   days on market $35,000 Active 38 DOM
9. 2026-05-31
   days on market $35,000 Active 37 DOM
10. 2026-04-23
    listed $35,000 Active 789-char remark
11. 2024-05-29
    soldstatus $23,500 Closed 558-char remark

    Show marketing remark (558 chars)

    2br/2ba single wide mobile home constructed in 1994. BUYER MUST GET PARK APPROVED. 924 sq ft of living space. The sale includes refrigerator, electric stove, washer and dryer. All of the appliances are fairly new. This is a very livable trailer that needs some work. The AC compressor is not working. The roof has some damage from limbs that fell from a tree that has since been removed. The amount of work that is needed is reflected in the low price. The driveway provides parking for 2 to 3 cars. The lot rent is $475 and it includes trash and sewer.

12. 2024-05-06
    status Pending 558-char remark

    Show marketing remark (558 chars)

    2br/2ba single wide mobile home constructed in 1994. BUYER MUST GET PARK APPROVED. 924 sq ft of living space. The sale includes refrigerator, electric stove, washer and dryer. All of the appliances are fairly new. This is a very livable trailer that needs some work. The AC compressor is not working. The roof has some damage from limbs that fell from a tree that has since been removed. The amount of work that is needed is reflected in the low price. The driveway provides parking for 2 to 3 cars. The lot rent is $475 and it includes trash and sewer.

13. 2024-05-02
    listed $23,500 Active 558-char remark

    Show marketing remark (558 chars)

    2br/2ba single wide mobile home constructed in 1994. BUYER MUST GET PARK APPROVED. 924 sq ft of living space. The sale includes refrigerator, electric stove, washer and dryer. All of the appliances are fairly new. This is a very livable trailer that needs some work. The AC compressor is not working. The roof has some damage from limbs that fell from a tree that has since been removed. The amount of work that is needed is reflected in the low price. The driveway provides parking for 2 to 3 cars. The lot rent is $475 and it includes trash and sewer.

ⓘ 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: $421 · $35/mo
• Projected year-2 tax: $487 · $41/mo
• Expected delta: +$66/yr (+$6/mo · 15.7%)

ⓘ 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 ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,996
• − Mortgage interest: −$1,961
• − Property taxes: −$421
• − Insurance: −$175
• − Repairs & maintenance: −$1,360
• − Management: −$1,360
• − HOA: −$6,120
• − Depreciation: −$1,018
• Taxable income: $4,582
• Est. tax owed @ 24.0%: −$1,100
• After-tax cash flow: $3,409/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 Shore SD
• NCES district ID: 4225830
• Math proficiency: 37% ▼ -12.00%
• Reading proficiency: 56% ▼ -10.00%
• Median HH income: $61,398
• Composite: 40.9/100
• National rank: #3617
• State rank: #222 of 539 in PA

Livability — Fairview

• Score: 83/100
• State rank: #123
• US rank: #963

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 10,990

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 (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Polish 5% Lithuanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · 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: ▼ -68.02%
• Current HPI: 268.9557
• 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

+48.9% since first listed

5 events — show timeline

• 2026-06-08 Pending — BRIGHT MLS
• 2026-04-23 Listed $35,000 BRIGHT MLS
• 2024-05-29 Sold (MLS) $23,500 BRIGHT MLS
• 2024-05-06 Pending — BRIGHT MLS
• 2024-05-02 Listed $23,500 BRIGHT MLS

Property tax history

+2.9%/yr

Latest (2026): $421 · +5.8% YoY. Source: county tax records.