000 Bordell Rd · Rew, PA 16749

$29,900

1 bd · None ba · 580 sqft · SingleFamily · 28 Days on market

Built 1900 Poor condition 2.07 ac lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +6.0/10.0
• Schools +3.8/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +1.0/5.0

Listing remarks MLS

Block camp situated on 1.54 secluded acres, offering privacy and a peaceful natural setting. The camp measures approximately 28.11 x 17.08 and features solid block construction with plenty of potential for a weekend retreat, hunting camp, or rustic getaway. Property is connected to public sewer; however, there is currently no water source on site. The camp does need some TLC, making it a great opportunity for someone looking to renovate and customize to their liking. Enjoy the quiet surroundings and the chance to create your own private escape.

Key facts

• Block building
• Wooded lot
• 2.07-acre lot

Tags

• 2.07-ACRE LOT
• WOODED LOT
• BLOCK BUILDING
• QUIET SETTING
• SECLUDED SETTING
• POTENTIAL FOR STORAGE

Property features AI

Exterior

• Utilities: Property includes 2.07 acres
• Home design: Residential single family home
• Construction: Built on a slab foundation
• Exterior features: Shingle roof

Interior

• Interior features: One total room

What this means for you Summary

Snapshot

• This is a 1-bed/?-bath single-family listed at $30k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $411 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($782 rent vs $30k).
• Recommended offer: $29k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 58/100 on livability (#1,560 in PA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime D, health & safety D, schools F.
• Smethport Area SD (rural): math 34% / reading 57% proficiency, ranked #270 of 539 in PA (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 31 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 $785 of equity ($207 loan paydown + $578 appreciation (1.9% 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 (1.9% appreciation + 3.0% rent growth), your $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($29k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago; this cycle's ask has dropped $20k (40%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $29,451 (1.5% below list)

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. 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.
7. 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.
8. 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: 2.62% ✓
• Cap rate: 22.80%
• Cash-on-cash: 58.94%
• DSCR: 3.62
• GRM: 3.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.93% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 62.7%
• Equity multiple: 4.36×
• Total profit: $28,148
• Equity at exit: $11,684

10-year hold

• IRR: 63.2%
• Equity multiple: 8.84×
• Total profit: $65,673
• Equity at exit: $16,742

Cash invested: $8,372 (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

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 16749

• Home prices YoY: 1.7%
• Active inventory: 31
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $782 medium
• Mortgage (P&I): −$157
• Tax est. 1.5%: −$37 /mo · $448/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$164
• Net cashflow: $411

Break-even live

Break-even rent $262

Max offer price $29,900

Occupancy floor 42%

Sensitivity live

Price	-10% $432	-5% $422	+0% $411	+5% $401	+10% $391
Rent	-10% $349	-5% $380	+0% $411	+5% $442	+10% $473
Rate	-1.0pp $426	-0.5pp $419	base $411	+0.5pp $403	+1.0pp $396

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: $7,475
• Closing costs: $897
• Reserves months: —
• Total cash needed: —

Listing history 24 events

1. 2026-06-21
   days on market $29,900 Active 28 DOM
2. 2026-06-18
   days on market $29,900 Active 26 DOM
3. 2026-06-17
   days on market $29,900 Active 25 DOM
4. 2026-06-16
   days on market $29,900 Active 24 DOM
5. 2026-06-15
   days on market $29,900 Active 23 DOM
6. 2026-06-13
   days on market $29,900 Active 21 DOM
7. 2026-06-12
   days on market $29,900 Active 20 DOM
8. 2026-06-09
   days on market $29,900 Active 17 DOM
9. 2026-06-08
   days on market $29,900 Active 16 DOM
10. 2026-06-08
    days on market $29,900 Active 15 DOM
11. 2026-06-07
    days on market $29,900 Active 14 DOM
12. 2026-06-04
    days on market $29,900 Active 11 DOM
13. 2026-06-02
    days on market $29,900 Active 10 DOM
14. 2026-06-01
    days on market $29,900 Active 9 DOM
15. 2026-05-31
    days on market $29,900 Active 8 DOM
16. 2026-05-22
    listed $39,000 Active 550-char remark

    Show marketing remark (381 chars)

    Beautiful 1.79-acre parcel tucked back off the main road, offering privacy and a peaceful natural setting. This undeveloped property features a stream running through it, adding to the charm and tranquility of the land. A great opportunity for recreation, camping, or building your future getaway surrounded by nature. Enjoy the seclusion while still being conveniently accessible.

17. 2026-05-22
    listed $29,900 Active

    Show marketing remark (381 chars)

    Beautiful 1.79-acre parcel tucked back off the main road, offering privacy and a peaceful natural setting. This undeveloped property features a stream running through it, adding to the charm and tranquility of the land. A great opportunity for recreation, camping, or building your future getaway surrounded by nature. Enjoy the seclusion while still being conveniently accessible.

18. 2026-05-22
    listed $49,900 Active 381-char remark

    Show marketing remark (381 chars)

    Beautiful 1.79-acre parcel tucked back off the main road, offering privacy and a peaceful natural setting. This undeveloped property features a stream running through it, adding to the charm and tranquility of the land. A great opportunity for recreation, camping, or building your future getaway surrounded by nature. Enjoy the seclusion while still being conveniently accessible.

19. 2023-09-01
    soldstatus $147,500 Closed
20. 2023-06-28
    status Pending
21. 2023-06-28
    price $99,000
22. 2023-06-28
    price $175,000
23. 2023-06-16
    price $175,000
24. 2023-05-02
    listed $199,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 1/10 Low 7 d/yr ≥89°F today · 17 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: $9,385
• − Mortgage interest: −$1,675
• − Property taxes: −$448
• − Insurance: −$150
• − Repairs & maintenance: −$751
• − Management: −$751
• − Depreciation: −$870
• Taxable income: $4,740
• Est. tax owed @ 24.0%: −$1,138
• After-tax cash flow: $3,797/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.

Condition & rehab AI · 8 photos

Poor 20/100 Extensive rehab

The property is in poor condition with significant repairs and maintenance needed. Immediate landscaping and curb appeal improvements are essential to attract potential buyers or renters.

Repairs flagged

• Major Overgrown grass — Needs immediate trimming and landscaping
• Major Paint peeling — Needs repainting
• Major Cluttered countertops — Needs cleaning and organization
• Major Dirty sink — Needs cleaning and maintenance
• Major Broken toilet — Needs replacement
• Major Worn-out flooring — Needs replacement
• Major Old cabinets — Needs replacement
• Major Dirty windows — Needs cleaning
• Major Old air conditioning unit — Needs replacement

Value-add opportunities

• Both Landscaping and curb appeal — Improves the property's appearance and attracts potential buyers
• Both Repainting and cleaning — Enhances the property's overall condition and appeal
• Both Replacing old cabinets and flooring — Improves the property's functionality and appeal
• Both Replacing broken toilet and old air conditioning unit — Ensures the property is functional and energy-efficient

Renovation cost estimate screening

Repair item	Severity	Est. cost
Overgrown grass · Needs immediate trimming and landscaping	Major	$15,000–50,000
Paint peeling · Needs repainting	Major	$15,000–50,000
Cluttered countertops · Needs cleaning and organization	Major	$15,000–50,000
Dirty sink · Needs cleaning and maintenance	Major	$15,000–50,000
Broken toilet · Needs replacement	Major	$15,000–50,000
Worn-out flooring · Needs replacement	Major	$15,000–50,000
Old cabinets · Needs replacement	Major	$15,000–50,000
Dirty windows · Needs cleaning	Major	$15,000–50,000
Old air conditioning unit · Needs replacement	Major	$15,000–50,000
Total estimated repair cost · 9 items		$135,000–450,000

Value-add ROI direction

• Both Landscaping and curb appeal — Improves the property's appearance and attracts potential buyers ↑
• Both Repainting and cleaning — Enhances the property's overall condition and appeal ↑
• Both Replacing old cabinets and flooring — Improves the property's functionality and appeal ↑
• Both Replacing broken toilet and old air conditioning unit — Ensures the property is functional and energy-efficient ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Smethport Area SD
• NCES district ID: 4221690
• Math proficiency: 34% ▼ -3.00%
• Reading proficiency: 57% ▲ 5.00%
• Median HH income: $44,944
• Composite: 38.48/100
• National rank: #4186
• State rank: #270 of 539 in PA

Livability — Rew

• Score: 58/100
• State rank: #1560
• US rank: #20724

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,691

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 (96%)
• Race & ethnicity: White 96% Hispanic / Latino 2% Two or more races 2%
• Common ancestry: Romanian 2% Slovak 2% Iranian 1%
• Foreign-born: 1% · Canada
• Languages at home: 97% English-only · Spanish 1% German/W. Germanic 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: ▲ 1.93%
• Current HPI: 116.303
• 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

-74.9% since first listed

9 events — show timeline

• 2026-05-22 Listed $49,900 NMPA
• 2026-05-22 Listed $29,900 NMPA
• 2026-05-22 Listed $39,000 NMPA
• 2023-09-01 Sold (MLS) $147,500 NMPA
• 2023-06-28 Pending — NMPA
• 2023-06-28 Price Changed $99,000 NMPA
• 2023-06-28 Price Changed $175,000 NMPA
• 2023-06-16 Price Changed $175,000 NMPA
• 2023-05-02 Listed $199,000 NMPA