709 Main St · Lykens, PA 17048

$80,000

3 bd · 1.5 ba · 1,480 sqft · SingleFamily public records · 5 Days on market

Built 1919 4,791 sqft lot

---

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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +4.8/10.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

2.5 story stone home w/ pillared wrap-around porch, large deck & fenced yard. Double LR w/ beautiful original woodwork detail, an open stairway & archway w/ 9-1/2 ft ceilings. Oak Kit; first floor Laundry & 1/2 bath. New windows throughout. Updated 200 amp service. With some paint & carpets, this home will be complete.

Key facts

• Basement access
• Large yard
• Exterior deck

Tags

• TWO STORY STONE RESIDENCE
• ENDURING STRUCTURAL DETAILS
• LARGE COVERED FRONT PATIO
• EXTERIOR DECK
• BASEMENT ACCESS
• LARGE YARD

Property features AI

Finance

• Other: Fee simple ownership; Not in a federal flood zone; 2+ access exits (accessibility feature)
• HOA & community: Ground rent paid annually

Exterior

• Parking: Two off-street spaces; On-street parking available; Public/unpaved parking
• Utilities: Public water; Public sewer; 200+ amp electric service; Oil hot water; Cable TV available; Phone available; Municipal trash service
• Home design: Detached property
• Construction: Concrete construction; Block and concrete perimeter foundation; Double-pane windows; Building not winterized
• Exterior features: Exterior lighting; Gutter system; Sidewalks; Street lights; Deck(s); Porch(es); Roofed outdoor living area; Rear yard; Side yards

Interior

• Kitchen: Stove; Refrigerator
• Bedrooms: Three bedrooms on the upper level
• Flooring: Carpet; Vinyl
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Hot water baseboard heating; Heating fuel: oil and electric
• Interior features: Attic; Tub with shower; Ceiling fans; Traditional floor plan; Eat-in kitchen; Family room off kitchen; Storm door(s); Drywall and paneled walls; 9' plus ceilings
• Laundry & utility: Washer; Electric dryer; Main-floor laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $389 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).

Location & tenants

• Location reads 67/100 on livability (#969 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment D-.
• Upper Dauphin Area SD (rural): math 37% / reading 55% proficiency, ranked #259 of 539 in PA (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Upper Dauphin Area El Sch (math 42% / reading 62%, grade C-, #586 of 1,518 statewide, top 42%, 399 students, 52% FRL); Upper Dauphin Area Ms (math 25% / reading 52%, grade F, #275 of 512 statewide, top 55%, 312 students, 48% FRL); Upper Dauphin Area Hs (math 77%, 343 students, 47% FRL) — zoned schools average 49% FRL vs 32% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 26 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).

Forward outlook

• In year one you build about $168 of equity ($553 loan paydown + $-385 appreciation (-0.5% local appreciation)).
• At projected returns (-0.5% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 21y 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 $37k; list at $80k implies a 116% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1919 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 8→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $80,000

Questions for the listing agent

1. Built in 1919 — 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 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?
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: 1.50% ✓
• Cap rate: 12.13%
• Cash-on-cash: 20.83%
• DSCR: 1.93
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $196,840
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
767 Main St	0.12mi	3/1.5	1,603 (+8%)	10mo	$120,000	$75	72
711 Main St	0.01mi	4/1.5 (+1)	1,664 (+12%)	4mo	$222,000	$133	70
312 Center St	0.42mi	3/1.5	1,575 (+6%)	1mo	$228,100	$145	68
521 S 2nd St	0.31mi	2/2.0 (-1)	1,503 (+2%)	11mo	$205,000	$136	66
700 South St	0.15mi	3/1.0	1,316 (-11%)	12mo	$165,000	$125	63
454 S 2nd St	0.39mi	3/2.0	1,596 (+8%)	10mo	$174,900	$110	58
422 North St	0.46mi	3/2.0	1,636 (+10%)	2mo	$287,000	$175	57
433 S 2nd St	0.43mi	4/2.0 (+1)	1,598 (+8%)	7mo	$154,500	$97	54
618 Park View Rd	0.29mi	3/1.5	1,296 (-12%)	15mo	$234,000	$181	53
822 Main St	0.21mi	3/1.5	1,265 (-14%)	23mo	$175,000	$138	47
312 Pottsville St	0.58mi	3/1.5	1,410 (-5%)	23mo	$120,000	$85	46

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

Projected returns pro-forma

-0.48% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.6%
• Equity multiple: 1.92×
• Total profit: $20,659
• Equity at exit: $21,323

10-year hold

• IRR: 24.5%
• Equity multiple: 3.61×
• Total profit: $58,488
• Equity at exit: $24,156

Cash invested: $22,400 (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 17048

• Home prices YoY: -0.2%
• Active inventory: 26
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,200 medium
• Mortgage (P&I): −$420
• Tax from tax record: −$106 /mo · $1,275/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$252
• Net cashflow: $389

Break-even live

Break-even rent $708

Max offer price $80,000

Occupancy floor 63%

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
609 Spruce St Lykens, PA	2.0	1.0	1404	$1,200	$0.85	43d	1	0.09mi

Listing history 8 events

1. 2026-06-01
   status $80,000 Pending 5 DOM
2. 2026-06-01
   days on market $80,000 Active 5 DOM
3. 2026-05-31
   days on market $80,000 Active 4 DOM
4. 2026-05-27
   listed $80,000 Active
5. 2005-10-04
   soldstatus $37,000
6. 2005-09-30
   soldstatus $37,000 344-char remark

   Show marketing remark (344 chars)

   2.5 story stone home w/ pillared wrap-around porch, large deck & fenced yard. Double LR w/ beautiful original woodwork detail, an open stairway & archway w/ 9-1/2 ft ceilings. Oak Kit; first floor Laundry & 1/2 bath. New windows throughout. Updated 200 amp service. With some paint & carpets, this home will be complete.

7. 2005-04-08
   listed $49,900 344-char remark

   Show marketing remark (344 chars)

   2.5 story stone home w/ pillared wrap-around porch, large deck & fenced yard. Double LR w/ beautiful original woodwork detail, an open stairway & archway w/ 9-1/2 ft ceilings. Oak Kit; first floor Laundry & 1/2 bath. New windows throughout. Updated 200 amp service. With some paint & carpets, this home will be complete.

8. 2005-04-08
   historical 344-char remark

   Show marketing remark (344 chars)

   2.5 story stone home w/ pillared wrap-around porch, large deck & fenced yard. Double LR w/ beautiful original woodwork detail, an open stairway & archway w/ 9-1/2 ft ceilings. Oak Kit; first floor Laundry & 1/2 bath. New windows throughout. Updated 200 amp service. With some paint & carpets, this home will be complete.

ⓘ 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: $1,275 · $106/mo
• Projected year-2 tax: $1,275 · $106/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 8 d/yr ≥95°F today · 17 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,400
• − Mortgage interest: −$4,481
• − Property taxes: −$1,275
• − Insurance: −$400
• − Repairs & maintenance: −$1,152
• − Management: −$1,152
• − Depreciation: −$2,327
• Taxable income: $3,613
• Est. tax owed @ 24.0%: −$867
• After-tax cash flow: $3,800/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: Upper Dauphin Area SD
• NCES district ID: 4224360
• Math proficiency: 37% ▼ -3.00%
• Reading proficiency: 55% ▼ -8.00%
• Median HH income: $48,201
• Composite: 39.23/100
• National rank: #4012
• State rank: #259 of 539 in PA

Livability — Lykens

• Score: 67/100
• State rank: #969
• US rank: #10571

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lykens, PA
• Population (ZIP): 3,801

Population outlook (Dauphin County) Hauer SSP2

• Today (2025): 281,628 people
• By 2030: 283,549 · +0.7%
• By 2040: 285,385 · +1.3%
• By 2050: 286,188 · +1.6%
• By 2075: 291,053 · +3.3%
• By 2100: 282,374 · +0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 8% Hispanic / Latino 2% Asian 2%
• Common ancestry: Polish 4% Romanian 3% Iranian 3%
• Foreign-born: 1% · Canada, India
• Languages at home: 88% English-only · German/W. Germanic 10% Spanish 2%

Political lean MEDSL · Dauphin

• 2024 margin: Lean D (+5.9) · D 52.4% · R 46.5% · Other 1.1%
• 2008→2024 swing: -3.1pp toward R · 2008: 9.1pp · 2024: 5.9pp
• All cycles: 2024: D+5.9 2020: D+8.5 2016: D+2.8 2012: D+6.0 2008: D+9.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.48%
• Current HPI: 241.7628
• 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

+60.3% since first listed

5 events — show timeline

• 2026-05-27 Listed $80,000 BRIGHT MLS
• 2005-10-04 Sold (Public Records) $37,000 Public Records
• 2005-09-30 Sold (MLS) $37,000 BRIGHT MLS
• 2005-04-08 Listing Removed — BRIGHT MLS
• 2005-04-08 Listed $49,900 BRIGHT MLS

Property tax history

+2.2%/yr

Latest (2026): $1,275 · +5.6% YoY. Source: county tax records.