21 2nd St · Gibraltar, PA 19508

$234,900

3 bd · 1.0 ba · 1,057 sqft · SingleFamily public records · 3 Days on market

Built 1939 0.42 ac lot $222/sqft · at area comps Est $245k · at est.

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Why this score? — see what drove the C 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 +21.5/30.0
• ARV discount +9.3/15.0
• DSCR +6.9/10.0
• 1% rule +5.3/10.0
• Schools +5.2/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 21 2nd Street in the Twin Valley School District! This Robeson Township single home offers three bedrooms, including two conveniently located on the main level, and one full bath. Situated on a generous 0.42-acre lot, the property provides plenty of outdoor space, ideal for the warmer months ahead. Enjoy the benefit of low taxes while still being just minutes from local shopping, dining, and everyday conveniences. The home is in need of cosmetic updating, offering a fantastic opportunity to add your personal touch and build equity. Do not wait to schedule your showing!

Key facts

• 0.42 acre lot
• 2 parking spots
• Built 1939

Property features AI

Finance

• Other: Fee simple ownership; Not in a federal flood zone; Finished and unfinished below-grade area present (below-grade area listed)

Exterior

• Parking: Paved driveway; Driveway parking (2 spaces); Total of 2 garage/parking spaces
• Utilities: Well water; Public sewer; Cable TV available
• Home design: Detached structure; Pitched shingle roof; Main entrance faces southwest; Single entry level
• Construction: Frame construction; Block foundation; Built in (year source: assessor)
• Exterior features: Exterior lighting; Patio(s); Porch(es); Front yard, side yards, and rear yard

Interior

• Kitchen: Refrigerator; Dishwasher; Eat-in kitchen with table space
• Bedrooms: Two bedrooms on the main level; One bedroom on the upper level (loft area listed)
• Flooring: Partially carpeted; Laminate flooring
• Bathrooms: One full bathroom on the main level; One full bathroom total
• Heating & cooling: Hot water heating (oil-fired); Window air conditioning units; Electric service with circuit breakers
• Interior features: Traditional floor plan; Family room off the kitchen; Kitchen with table space and eat-in area; Tub/shower; Entry-level bedroom; Carpeted areas
• Laundry & utility: Washer and dryer; Laundry located in the basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $353 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $235k).

Location & tenants

• Location reads 70/100 on livability (#744 in PA) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: schools F, amenities F, commute F.
• Twin Valley SD (rural): math 52% / reading 65% proficiency, ranked #72 of 539 in PA (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 83 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 $2k of loan paydown is wiped out by about $7k 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.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.
• 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 $234,900

Questions for the listing agent

1. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-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: 1.03% ✓
• Cap rate: 8.10%
• Cash-on-cash: 6.44%
• DSCR: 1.29
• GRM: 8.1

CMA / ARV

• ARV (median comp): $244,697
• List price: $234,900
• Delta: -4.00%
• Verdict: FAIR
• Comps: 13 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
21 2nd St	0.00mi	3/1.0	1,057 (0%)	1mo	$260,000	$246	99
205 Rose Ln	0.73mi	3/1.5	1,134 (+7%)	2mo	$350,000	$309	50

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

Projected returns pro-forma

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

5-year hold

• IRR: -6.4%
• Equity multiple: 0.76×
• Total profit: $-15,584
• Equity at exit: $35,024

10-year hold

• IRR: 3.2%
• Equity multiple: 1.23×
• Total profit: $15,354
• Equity at exit: $20,310

Cash invested: $65,772 (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 19508

• Home prices YoY: -25.6%
• Active inventory: 83
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,410 medium
• Mortgage (P&I): −$1,232
• Tax from tax record: −$221 /mo · $2,653/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$506
• Net cashflow: $353

Break-even live

Break-even rent $1,963

Max offer price $234,900

Occupancy floor 80%

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: $58,725
• Closing costs: $7,047
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1400 Orchard View Rd Reading, PA	1.0–2.0	1.0–2.0	1187	$2,410	$2.03	2d	7	1.31mi

Listing history 4 events

1. 2026-05-05
   status Pending 587-char remark
2. 2026-05-04
   historical 587-char remark
3. 2026-05-02
   listed $234,900 Active 587-char remark
4. 2026-05-01
   historical $234,900 587-char remark

ⓘ 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: $2,653 · $221/mo
• Projected year-2 tax: $3,182 · $265/mo
• Expected delta: +$529/yr (+$44/mo · 19.9%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 17% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,920
• − Mortgage interest: −$13,158
• − Property taxes: −$2,653
• − Insurance: −$1,174
• − Repairs & maintenance: −$2,314
• − Management: −$2,314
• − Depreciation: −$6,833
• Taxable income: $474
• Est. tax owed @ 24.0%: −$114
• After-tax cash flow: $4,123/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: Twin Valley SD
• NCES district ID: 4224000
• Math proficiency: 52% ▼ -6.00%
• Reading proficiency: 65% ▼ -5.00%
• Median HH income: $71,916
• Composite: 51.88/100
• National rank: #1655
• State rank: #72 of 539 in PA

Livability — Gibraltar

• Score: 70/100
• State rank: #744
• US rank: #7451

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gibraltar, PA
• Population (ZIP): 15,066

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 (90%)
• Race & ethnicity: White 90% Two or more races 6% Hispanic / Latino 3% Black 1%
• Common ancestry: Romanian 6% Iranian 3% Lithuanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1% Other Indo-European 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: ▼ -94.00%
• Current HPI: 273.8199
• 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

+10.7% since first listed

6 events — show timeline

• 2026-06-01 Sold (Public Records) $260,000 Public Records
• 2026-05-29 Sold (MLS) $260,000 BRIGHT MLS
• 2026-05-05 Pending — BRIGHT MLS
• 2026-05-04 Listing Removed — BRIGHT MLS
• 2026-05-02 Listed $234,900 BRIGHT MLS
• 2026-05-01 Coming Soon $234,900 BRIGHT MLS

Property tax history

+1.8%/yr

Latest (2026): $2,653 · +0.0% YoY. Source: county tax records.