36 Dallas Dr · East Hanover, PA 17028

$49,900

3 bd · 2.0 ba · 1,018 sqft · Manufactured public records · 3 Days on market

Built 1987

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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
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to 36 Dallas Dr. Grantville in Chesapeake Estates. This 3 bedroom 2 full bath home has a large master suite with vaulted ceilings and it's own full bath. The living space is open and bright. Wood laminate flooring throughout. The front deck measures 20 x 10. Shed stays with the property . Subject to Park approval. Property sold as is. Water, sewer and trash included in park fee. Park Lot Rent breakdown. .. $688 ground rent includes water +$67.52 Sewer +$13 Trash, +Storm water $9.63 = total a month $778.15. See Bright documents for Park Community Rules and Regulations.

Key facts

• Front deck
• Large master suite
• Vaulted ceilings

Tags

• LARGE MASTER SUITE
• VAULTED CEILINGS
• WOOD LAMINATE FLOORING
• FRONT DECK
• NEW ROOF

Property features AI

Finance

• Financial info: Land lease / ground rent exists (years remaining listed as 0); Annual ground rent referenced in income/expense list
• HOA & community: Located in Chesapeake Estates mobile home park; Ground rent paid annually

Exterior

• Parking: Off-street parking with two spaces (total of 2 garage/parking spaces noted)
• Utilities: Community water; Electric hot water; 100 amp electric service
• Home design: Manufactured home; Single-story (main living on one level); Estimated year built
• Construction: Frame construction; Liberty model manufactured home
• Exterior features: Deck(s); Shed; Rented lot in a community park (ground rent paid annually); Located in a non-federal flood zone; Two or more access exits

Interior

• Kitchen: Microwave; Electric oven/range
• Bedrooms: Three bedrooms on the main level
• Bathrooms: Two full bathrooms (both on the main level)
• Heating & cooling: Electric heating; Window air conditioning units
• Interior features: Dining area; Living room, kitchen, master bedroom, two additional bedrooms, master bathroom and a full hall bathroom
• Laundry & utility: Laundry room (main level)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $50k.

Deal economics

• At list price, monthly cash flow is $730 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Lower Dauphin SD (suburban): math 45% / reading 59% proficiency, ranked #130 of 539 in PA (top 24%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
• Zoned schools: South Hanover El Sch (math 62% / reading 72%, grade B+, #202 of 1,518 statewide, top 15%, 385 students, 16% FRL); Lower Dauphin Ms (math 28% / reading 53%, grade F, #248 of 512 statewide, top 50%, 883 students, 27% FRL); Lower Dauphin Hs (math 82%, 1,085 students, 22% FRL) — zoned schools at 22% FRL track the district average.
• Market conditions: 18 active listings in the ZIP; 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($345 loan paydown + $5k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~1 year — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 6y 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 $42k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• 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 $49,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 2.63% ✓
• Cap rate: 23.84%
• Cash-on-cash: 62.68%
• DSCR: 3.79
• GRM: 3.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 74.5%
• Equity multiple: 6.27×
• Total profit: $73,655
• Equity at exit: $44,954

10-year hold

• IRR: 68.5%
• Equity multiple: 13.91×
• Total profit: $180,342
• Equity at exit: $96,945

Cash invested: $13,972 (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 17028

• Home prices YoY: 11.6%
• Active inventory: 18
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $1,313 medium
• Mortgage (P&I): −$262
• Tax from tax record: −$25 /mo · $297/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $730

Break-even live

Break-even rent $389

Max offer price $49,900

Occupancy floor 39%

Sensitivity live

Price	-10% $758	-5% $744	+0% $730	+5% $716	+10% $702
Rent	-10% $626	-5% $678	+0% $730	+5% $782	+10% $833
Rate	-1.0pp $755	-0.5pp $742	base $730	+0.5pp $717	+1.0pp $704

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: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-06-22
   days on market $49,900 Active 3 DOM
2. 2026-06-19
   remarks 690-char remark
3. 2026-06-19
   listed $49,900 Active 1 DOM

ⓘ 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: $297 · $25/mo
• Projected year-2 tax: $543 · $45/mo
• Expected delta: +$246/yr (+$20/mo · 82.8%)

ⓘ 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 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 7% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,752
• − Mortgage interest: −$2,795
• − Property taxes: −$297
• − Insurance: −$250
• − Repairs & maintenance: −$1,260
• − Management: −$1,260
• − Depreciation: −$1,452
• Taxable income: $8,438
• Est. tax owed @ 24.0%: −$2,025
• After-tax cash flow: $6,732/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: Lower Dauphin SD
• NCES district ID: 4214100
• Math proficiency: 45% ▼ -10.00%
• Reading proficiency: 59% ▼ -13.00%
• Median HH income: $67,760
• Composite: 46.09/100
• National rank: #2513
• State rank: #130 of 539 in PA

Livability — East Hanover

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

Census & demographics

• Population (ZIP): 3,331

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 (90%)
• Race & ethnicity: White 90% Two or more races 7% Hispanic / Latino 6%
• Hispanic origin (detail): Puerto Rican 1% Dominican 1%
• Common ancestry: Italian 4% Serbian 3% Subsaharan African 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 3%

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: ▲ 30.02%
• Current HPI: 289.4564
• 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

+137.6% since first listed

13 events — show timeline

• 2026-06-18 Listed $49,900 BRIGHT MLS
• 2025-01-17 Sold (MLS) $42,500 BRIGHT MLS
• 2024-12-05 Pending — BRIGHT MLS
• 2024-09-19 Listed $45,000 BRIGHT MLS
• 2021-02-24 Pending — BRIGHT MLS
• 2021-02-22 Sold (MLS) $23,000 BRIGHT MLS
• 2021-02-22 Sold (MLS) $23,000 BRIGHT MLS
• 2021-01-27 Pending — BRIGHT MLS
• 2021-01-14 Price Changed $25,500 BRIGHT MLS
• 2020-12-11 Price Changed $33,000 BRIGHT MLS
• 2020-11-17 Listed $35,999 BRIGHT MLS
• 1996-07-24 Sold (Public Records) $19,900 Public Records
• 1988-10-12 Sold (Public Records) $21,000 Public Records

Property tax history

+1.7%/yr

Latest (2026): $297 · +6.0% YoY. Source: county tax records.