240 Morris St · Clymer, PA 15728

$69,999

3 bd · 1.0 ba · 1,296 sqft · SingleFamily public records · 13 Days on market

Built 1923 7,405 sqft lot $54/sqft · 26% below area Est $95k · 26% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +7.3/10.0
• Livability +3.4/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Modest 3 bed/1 bath house with an attached garage located in the Borough of Clymer. Level lot, hardwood floors, and a full basement are some of the extras.

Key facts

• Shopping
• Everyday essentials
• 7,405 sq ft lot

Tags

• PENN MANOR SCHOOL DISTRICT
• ATTACHED ONE-CAR GARAGE
• CLOSE TO LOCAL AMENITIES
• SHOPPING
• EVERYDAY ESSENTIALS

Property features AI

Exterior

• Parking: Attached garage
• Utilities: Public water; Public sewer
• Home design: Two-story home; Resale property
• Construction: Asphalt roof

Interior

• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Gas heating; Wall/Window air conditioning units
• Interior features: Basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $408 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).

Location & tenants

• Location reads 67/100 on livability (#966 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D+, amenities F, commute F.
• Penns Manor Area SD (rural): math 24% / reading 47% proficiency, ranked #410 of 539 in PA (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 13 active listings in the ZIP; 44 units permitted in Indiana County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($484 loan paydown + $3k appreciation (4.7% local appreciation)).
• Indiana County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.7% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 10y 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.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1923 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $69,999

Questions for the listing agent

1. Built in 1923 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.72% ✓
• Cap rate: 13.29%
• Cash-on-cash: 25.00%
• DSCR: 2.11
• GRM: 4.8

CMA / ARV

• ARV (median comp): $95,143
• List price: $69,999
• Delta: -26.43%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
240 Morris St	0.00mi	3/1.0	1,296 (0%)	0mo	$65,000	$50	100
319 Morris St	0.08mi	3/1.0	1,330 (+3%)	6mo	$130,000	$98	87
115 Morris St	0.12mi	2/1.0 (-1)	1,304 (+1%)	20mo	$118,000	$90	72
175 Walcott St	0.17mi	3/2.0	1,188 (-8%)	5mo	$62,000	$52	70
85 Dixon Rd	0.55mi	3/1.5	1,276 (-2%)	3mo	$95,000	$74	68
1045 Sage St	0.69mi	3/1.5	1,332 (+3%)	14mo	$123,400	$93	49
135 7th St	0.42mi	2/1.0 (-1)	1,474 (+14%)	8mo	$105,000	$71	46
969 Dixon Rd	0.62mi	2/1.0 (-1)	1,168 (-10%)	6mo	$124,000	$106	44
1081 Dixon Rd	0.72mi	3/1.5	1,188 (-8%)	11mo	$119,900	$101	41
925 Dixon Rd	0.58mi	4/2.0 (+1)	1,456 (+12%)	11mo	$78,000	$54	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.69% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 34.2%
• Equity multiple: 3.09×
• Total profit: $40,968
• Equity at exit: $38,355

10-year hold

• IRR: 32.9%
• Equity multiple: 6.21×
• Total profit: $102,081
• Equity at exit: $65,135

Cash invested: $19,600 (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 15728

• Home prices YoY: 3.6%
• Active inventory: 13
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,207 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$149 /mo · $1,787/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $408

Break-even live

Break-even rent $690

Max offer price $69,999

Occupancy floor 61%

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Listing history 10 events

1. 2026-05-07
   status Pending 322-char remark
2. 2026-05-07
   historical Contingent 322-char remark
3. 2026-04-24
   listed $69,999 Active 322-char remark
4. 2016-10-28
   soldstatus $37,000
5. 2016-05-13
   price $26,510 155-char remark

   Show marketing remark (155 chars)

   Modest 3 bed/1 bath house with an attached garage located in the Borough of Clymer. Level lot, hardwood floors, and a full basement are some of the extras.

6. 2016-05-04
   soldstatus $26,510 Sold 155-char remark

   Show marketing remark (155 chars)

   Modest 3 bed/1 bath house with an attached garage located in the Borough of Clymer. Level lot, hardwood floors, and a full basement are some of the extras.

7. 2016-04-24
   status Under Contract 155-char remark

   Show marketing remark (155 chars)

   Modest 3 bed/1 bath house with an attached garage located in the Borough of Clymer. Level lot, hardwood floors, and a full basement are some of the extras.

8. 2016-04-21
   price $26,999 155-char remark

   Show marketing remark (155 chars)

   Modest 3 bed/1 bath house with an attached garage located in the Borough of Clymer. Level lot, hardwood floors, and a full basement are some of the extras.

9. 2016-04-13
   historical Contingent 155-char remark

   Show marketing remark (155 chars)

   Modest 3 bed/1 bath house with an attached garage located in the Borough of Clymer. Level lot, hardwood floors, and a full basement are some of the extras.

10. 2016-03-01
    listed $26,999 Active 155-char remark

    Show marketing remark (155 chars)

    Modest 3 bed/1 bath house with an attached garage located in the Borough of Clymer. Level lot, hardwood floors, and a full basement are some of the extras.

ⓘ 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: $1,787 · $149/mo
• Projected year-2 tax: $1,787 · $149/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 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 8 d/yr ≥94°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,484
• − Mortgage interest: −$3,921
• − Property taxes: −$1,787
• − Insurance: −$350
• − Repairs & maintenance: −$1,159
• − Management: −$1,159
• − Depreciation: −$2,036
• Taxable income: $4,073
• Est. tax owed @ 24.0%: −$977
• After-tax cash flow: $3,923/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: Penns Manor Area SD
• NCES district ID: 4218780
• Math proficiency: 24% ▼ -16.00%
• Reading proficiency: 47% ▼ -9.00%
• Median HH income: $46,434
• Composite: 30.33/100
• National rank: #6271
• State rank: #410 of 539 in PA

Livability — Clymer

• Score: 67/100
• State rank: #966
• US rank: #10555

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clymer, PA
• Population (ZIP): 3,468

Population outlook (Indiana County) Hauer SSP2

• Today (2025): 84,294 people
• By 2030: 81,773 · -3.0%
• By 2040: 75,213 · -10.8%
• By 2050: 69,348 · -17.7%
• By 2075: 57,951 · -31.3%
• By 2100: 47,313 · -43.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 3%
• Common ancestry: Polish 5% Romanian 3% Iranian 2%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · German/W. Germanic 3% Spanish 1%

Political lean MEDSL · Indiana

• 2024 margin: Solid R (+39.1) · D 30.1% · R 69.2%
• 2008→2024 swing: -32.0pp toward R · 2008: -7.1pp · 2024: -39.1pp
• All cycles: 2024: R+39.1 2020: R+37.5 2016: R+35.6 2012: R+18.8 2008: R+7.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.69%
• Current HPI: 133.5535
• 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

+140.7% since first listed

11 events — show timeline

• 2026-06-05 Sold (MLS) $65,000 West Penn MLS
• 2026-05-07 Pending — West Penn MLS
• 2026-05-07 Contingent — West Penn MLS
• 2026-04-24 Listed $69,999 West Penn MLS
• 2016-10-28 Sold (Public Records) $37,000 Public Records
• 2016-05-13 Price Changed $26,510 West Penn MLS
• 2016-05-04 Sold (MLS) $26,510 West Penn MLS
• 2016-04-24 Pending — West Penn MLS
• 2016-04-21 Price Changed $26,999 West Penn MLS
• 2016-04-13 Contingent — West Penn MLS
• 2016-03-01 Listed $26,999 West Penn MLS

Property tax history

+5.5%/yr

Latest (2026): $1,787 · +3.4% YoY. Source: county tax records.