1368 Looker Mountain Trl · Otto, PA 16745

$89,900

3 bd · 1.0 ba · 1,608 sqft · Other public records · 4 Days on market

Built 1928 1.50 ac lot $56/sqft · 14% below area Est $105k · 14% under ↓ 31% since listing

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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 +29.4/30.0
• ARV discount +14.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• Appreciation +5.0/10.0
• Schools +4.1/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

The heart of this home is undoubtedly the expansive kitchen, which offers ample space for dining and entertaining. Step outside onto the rear covered porch and be captivated by the picturesque view of the open rear yard, gently sloping down to the rippling stream. Perfect for fishing, relaxing and enjoying the beauty of nature. The rear lawn has two electrical hookups and one with a concrete pad, perfect for travel trailers. The home has hardwood flooring throughout. The first level has a full bathroom and a spacious master bedroom with walk in closet and master bath with jacuzzi. Large, open living room. The second level has two bedrooms that needs some finish touches. Whole house fan. Full basement with double doors for entrance. Public sewer with water well.

Key facts

• Picturesque view
• Rippling stream
• Expansive kitchen

Tags

• EXPANSIVE KITCHEN
• REAR COVERED PORCH
• PICTURESQUE VIEW
• OPEN REAR YARD
• RIPPLING STREAM
• TWO ELECTRICAL HOOKUPS

Property features AI

Exterior

• Parking: No garage
• Utilities: High-speed internet available; Well water; Sewer connected; Electric with circuit breakers and fuses
• Home design: 2-story house; Existing/previously built
• Construction: Vinyl siding; Copper plumbing; Metal roof; Block and stone foundation
• Exterior features: Blacktop driveway; Rectangular residential lot; City street frontage; Lot approximately 1.5 acres (184 x 322)

Interior

• Kitchen: Gas oven; Gas range; Refrigerator
• Bedrooms: One main-level bedroom
• Flooring: Carpet; Hardwood; Luxury vinyl; Varies
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Gas forced-air heating
• Interior features: Ceiling fan(s); Separate/formal living room; Country kitchen; Bedroom on main level; Full basement
• Laundry & utility: Laundry in basement; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $90k.

Deal economics

• At list price, monthly cash flow is $318 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Otto-Eldred SD (rural): math 44% / reading 53% proficiency, ranked #220 of 539 in PA (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 2 active listings in the ZIP; 29 units permitted in McKean County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($622 loan paydown + $3k appreciation (3.0% local appreciation)).
• McKean County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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: built in 1928 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $89,900

Questions for the listing agent

1. Built in 1928 — 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. 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.
4. 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.
5. 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: 1.35% ✓
• Cap rate: 10.53%
• Cash-on-cash: 15.15%
• DSCR: 1.67
• GRM: 6.2

CMA / ARV

• ARV (median comp): $105,018
• List price: $89,900
• Delta: -4.87%
• Verdict: FAIR
• Comps: 4 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 21.7%
• Equity multiple: 2.24×
• Total profit: $31,096
• Equity at exit: $40,423

10-year hold

• IRR: 22.8%
• Equity multiple: 4.27×
• Total profit: $82,399
• Equity at exit: $62,297

Cash invested: $25,172 (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 16745

• Active inventory: 2
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,216 medium
• Mortgage (P&I): −$471
• Tax from tax record: −$134 /mo · $1,606/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$255
• Net cashflow: $318

Break-even live

Break-even rent $814

Max offer price $89,900

Occupancy floor 69%

Sensitivity live

Price	-10% $369	-5% $343	+0% $318	+5% $292	+10% $267
Rent	-10% $222	-5% $270	+0% $318	+5% $366	+10% $414
Rate	-1.0pp $363	-0.5pp $341	base $318	+0.5pp $294	+1.0pp $271

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Listing history 7 events

1. 2026-06-03
   status $89,900 Pending 4 DOM

   Show marketing remark (771 chars)

   The heart of this home is undoubtedly the expansive kitchen, which offers ample space for dining and entertaining. Step outside onto the rear covered porch and be captivated by the picturesque view of the open rear yard, gently sloping down to the rippling stream. Perfect for fishing, relaxing and enjoying the beauty of nature. The rear lawn has two electrical hookups and one with a concrete pad, perfect for travel trailers. The home has hardwood flooring throughout. The first level has a full bathroom and a spacious master bedroom with walk in closet and master bath with jacuzzi. Large, open living room. The second level has two bedrooms that needs some finish touches. Whole house fan. Full basement with double doors for entrance. Public sewer with water well.

2. 2026-06-02
   days on market $89,900 Active 4 DOM
3. 2026-06-01
   days on market $89,900 Active 3 DOM
4. 2026-05-31
   days on market $89,900 Active 2 DOM
5. 2026-05-13
   price $99,900 860-char remark

   Show marketing remark (771 chars)

   The heart of this home is undoubtedly the expansive kitchen, which offers ample space for dining and entertaining. Step outside onto the rear covered porch and be captivated by the picturesque view of the open rear yard, gently sloping down to the rippling stream. Perfect for fishing, relaxing and enjoying the beauty of nature. The rear lawn has two electrical hookups and one with a concrete pad, perfect for travel trailers. The home has hardwood flooring throughout. The first level has a full bathroom and a spacious master bedroom with walk in closet and master bath with jacuzzi. Large, open living room. The second level has two bedrooms that needs some finish touches. Whole house fan. Full basement with double doors for entrance. Public sewer with water well.

6. 2026-04-12
   price $109,900 860-char remark

   Show marketing remark (771 chars)

   The heart of this home is undoubtedly the expansive kitchen, which offers ample space for dining and entertaining. Step outside onto the rear covered porch and be captivated by the picturesque view of the open rear yard, gently sloping down to the rippling stream. Perfect for fishing, relaxing and enjoying the beauty of nature. The rear lawn has two electrical hookups and one with a concrete pad, perfect for travel trailers. The home has hardwood flooring throughout. The first level has a full bathroom and a spacious master bedroom with walk in closet and master bath with jacuzzi. Large, open living room. The second level has two bedrooms that needs some finish touches. Whole house fan. Full basement with double doors for entrance. Public sewer with water well.

7. 2026-02-25
   listed $129,900 Active 860-char remark

   Show marketing remark (771 chars)

   The heart of this home is undoubtedly the expansive kitchen, which offers ample space for dining and entertaining. Step outside onto the rear covered porch and be captivated by the picturesque view of the open rear yard, gently sloping down to the rippling stream. Perfect for fishing, relaxing and enjoying the beauty of nature. The rear lawn has two electrical hookups and one with a concrete pad, perfect for travel trailers. The home has hardwood flooring throughout. The first level has a full bathroom and a spacious master bedroom with walk in closet and master bath with jacuzzi. Large, open living room. The second level has two bedrooms that needs some finish touches. Whole house fan. Full basement with double doors for entrance. Public sewer with water well.

ⓘ 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: $1,606 · $134/mo
• Projected year-2 tax: $1,606 · $134/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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 1/10 Low 7 d/yr ≥89°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,589
• − Mortgage interest: −$5,036
• − Property taxes: −$1,606
• − Insurance: −$450
• − Repairs & maintenance: −$1,167
• − Management: −$1,167
• − Depreciation: −$2,615
• Taxable income: $2,548
• Est. tax owed @ 24.0%: −$612
• After-tax cash flow: $3,201/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: Otto-Eldred SD
• NCES district ID: 4218240
• Math proficiency: 44% ▼ -1.00%
• Reading proficiency: 53% ▼ -6.00%
• Median HH income: $44,398
• Composite: 40.98/100
• National rank: #3596
• State rank: #220 of 539 in PA

Livability — Otto

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 685

Population outlook (McKean County) Hauer SSP2

• Today (2025): 40,518 people
• By 2030: 39,290 · -3.0%
• By 2040: 36,438 · -10.1%
• By 2050: 33,556 · -17.2%
• By 2075: 27,682 · -31.7%
• By 2100: 21,726 · -46.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (99%)
• Race & ethnicity: White 99%
• Common ancestry: Italian 6% Romanian 4% Iranian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1% Tagalog/Filipino 1%

Political lean MEDSL · McKean

• 2024 margin: Solid R (+47.2) · D 26.0% · R 73.2%
• 2008→2024 swing: -29.9pp toward R · 2008: -17.3pp · 2024: -47.2pp
• All cycles: 2024: R+47.2 2020: R+46.2 2016: R+47.2 2012: R+28.2 2008: R+17.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

-30.8% since first listed

7 events — show timeline

• 2026-06-03 Pending — NMPA
• 2026-06-03 Pending — UNYREIS
• 2026-05-29 Price Changed $89,900 NMPA
• 2026-05-29 Listed $89,900 UNYREIS
• 2026-05-13 Price Changed $99,900 NMPA
• 2026-04-12 Price Changed $109,900 NMPA
• 2026-02-25 Listed $129,900 NMPA

Property tax history

+2.5%/yr

Latest (2025): $1,606 · +3.3% YoY. Source: county tax records.