715 Seybert St · Hazleton, PA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $511 – $949
Heat risk 2/10 · Minimal
- Hot days now (above 90°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 6.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +3.4/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +2.0/10.0
- Appreciation +0.0/10.0
$179,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks
Duplex 2 bedrooms one bathabove one bedroom one bath. Two cars garage. Very economic gas heat. It could be turn back to a single house.
Key facts
- 6,400 sq ft lot
- 2 garage spots
- Built 1927
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 3-bed/12.0-bath units multifamily listed at $180k.
Deal economics
- At list price, monthly cash flow is $1k ($13k/yr) — positive. Per door: $556/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $180k).
- Cap rate 13.7% vs local median 4.5% in Hazleton — 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 67/100 on livability (#930 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: schools F, amenities F, commute F.
- Hazleton Area SD (suburban): math 18% / reading 30% proficiency, ranked #476 of 539 in PA (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: 118 active listings in the ZIP; 349 units permitted in Luzerne County in 2024 (16 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
- Luzerne County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $50k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
Risks & watch-outs
- Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1927 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.67% ✓
- Cap rate
- 13.72%
- Cash-on-cash
- 26.51%
- DSCR
- 2.18
- GRM
- 5.0
CMA / ARV
- ARV (on-the-fly)
- $263,296
- Comps found
- 5
Show comp detail 5 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 421 423 10th St | 0.60mi | 6/2.0 | 1,900 (-2%) | 0mo | $26,000 | $14 | 49 |
| 28 30 9th St | 0.26mi | 6/3.0 | 1,820 (-6%) | 24mo | $247,000 | $136 | 38 |
| 548 N Church St | 0.50mi | 7/2.0 (+1) | 2,181 (+13%) | 9mo | $325,000 | $149 | 28 |
| 184 186 Wyoming St | 0.59mi | 5/3.0 (-1) | 1,800 (-7%) | 16mo | $259,000 | $144 | 27 |
| 706 708 Vine St | 0.47mi | 6/3.0 | 2,107 (+9%) | 20mo | $215,000 | $102 | 26 |
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
- IRR
- 20.4%
- Equity multiple
- 1.83×
- Total profit
- $41,788
- Equity at exit
- $26,824
- IRR
- 28.6%
- Equity multiple
- 3.54×
- Total profit
- $127,881
- Equity at exit
- $15,554
Cash invested: $50,372 (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
ZIP-level market 18201
- Home prices YoY
- -14.9%
- Active inventory
- 118
- Price-to-rent
- 10.0×
Monthly cashflow live
- Estimated rent
- $2,998 medium interval (Pro) →
- Mortgage (P&I)
- −$943
- Tax from tax record
- −$237 /mo · $2,845/yr
- Insurance
- −$75
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$630
- Net cashflow
- $1,113
Break-even live
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 3 | 12 | $2,998 |
| #1 | 3 | 12 | $1,499 |
| #2 | 3 | 12 | $1,499 |
| Total (2 units) | $2,998 | ||
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
- $44,975
- Closing costs
- $5,397
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 6 events
-
2023-08-29status Pending
-
2023-08-09historical
-
2023-08-03soldstatus $179,900
-
2023-06-09$179,900
-
2023-06-09historical
-
2013-10-28soldstatus $84,900
ⓘ 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
- $2,845 · $237/mo
- Projected year-2 tax
- $2,845 · $237/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 2/10 Low 7 d/yr ≥90°F today · 15 d/yr by 30 yrs out
- Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $35,976
- − Mortgage interest
- −$10,077
- − Property taxes
- −$2,845
- − Insurance
- −$900
- − Repairs & maintenance
- −$2,878
- − Management
- −$2,878
- − Depreciation
- −$5,233
- Taxable income
- $11,165
- Est. tax owed @ 24.0%
- −$2,680
- After-tax cash flow
- $10,676/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
- Hazleton Area SD
- NCES district ID
- 4211700
- Math proficiency
- 18% ▼ -3.00%
- Reading proficiency
- 30% ▼ -15.00%
- Median HH income
- $42,247
- Composite
- 20.44/100
- National rank
- #8582
- State rank
- #476 of 539 in PA
Livability — Hazleton
- Score
- 67/100
- State rank
- #930
- US rank
- #10115
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Hazleton, PA
- City population
- 13,755
- Population (ZIP)
- 31,428
Population outlook (Luzerne County) Hauer SSP2
- Today (2025)
- 319,505 people
- By 2030
- 319,943 · +0.1%
- By 2040
- 322,643 · +1.0%
- By 2050
- 330,817 · +3.5%
- By 2075
- 379,145 · +18.7%
- By 2100
- 431,908 · +35.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority Hispanic (60%)
- Race & ethnicity
- Hispanic / Latino 60% White 36% Two or more races 18% Black 2%
- Hispanic origin (detail)
- Mexican 6% Puerto Rican 6% Dominican 41%
- Common ancestry
- Romanian 5% Iranian 1% Russian 1%
- Foreign-born
- 36% · Canada, Jamaica
- Languages at home
- 43% English-only · Spanish 54% Russian/Polish/Slavic 1% Other Indo-European 1%
Political lean MEDSL · Luzerne
- 2024 margin
- R (+19.2) · D 40.0% · R 59.2%
- 2008→2024 swing
- -27.6pp toward R · 2008: 8.4pp · 2024: -19.2pp
- All cycles
- 2024: R+19.2 2020: R+14.4 2016: R+19.6 2012: D+4.8 2008: D+8.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -62.00%
- Current HPI
- 354.7443
- 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 |
|
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| Industrial Distribution | 1 | $22B |
|
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| Financial Services | 1 | $20B |
|
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| Chemicals / Materials | 1 | $18B |
|
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Price history
+111.9% since first listed6 events — show timeline
- 2023-08-29 Pending — LCAR
- 2023-08-09 Delisted — LCAR
- 2023-08-03 Sold (Public Records) $179,900 Public Records
- 2023-06-09 Delisted — LCAR
- 2023-06-09 Listed $179,900 LCAR
- 2013-10-28 Sold (Public Records) $84,900 Public Records
Property tax history
+6.9%/yrLatest (2026): $2,845 · +10.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…