62 Prospect St · Susquehanna Depot, PA 18847

$56,000

3 bd · 1.0 ba · 1,408 sqft · SingleFamily · 3 Days on market

Built 1900 0.25 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 +7.5/10.0
• Schools +3.3/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Have you been looking for a home to restore for your personal home or to flip? This just maybe the one. This two story home sits on a . 25 acre parcel of land in the borough of Susquehanna. Bring your ideas and bring this property back to life. All OGM transfer. Property being sold as is.

Key facts

• 0.25 acre lot
• Garage
• Built 1900

Property features AI

Exterior

• Parking: Driveway; 1-car garage
• Utilities: Public water; Public sewer; Water connected; Sewer connected; 100 Amp electric service
• Home design: Single-family residence; Residential property; Built in 1900; Stone foundation; Vinyl siding; Shingle roof
• Construction: Vinyl siding construction; Stone foundation; Shingle roof; Year built: 1900
• Exterior features: Private yard; Level lot; City street frontage (paved)

Interior

• Kitchen: Kitchen; Eating area
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Wood; Hardwood
• Bathrooms: 1 full bathroom
• Heating & cooling: No permanent heating reported (see remarks); Other cooling
• Interior features: See remarks (additional interior details available in listing remarks); Full, unfinished basement
• Laundry & utility: 100 Amp electric service

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $56k.

Deal economics

• At list price, monthly cash flow is $545 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $56k).

Location & tenants

• Location reads 59/100 on livability (#1,549 in PA) — a working-class tenant base; expect higher turnover. Strengths: crime A+, cost of living A+, housing B; Watch: schools F, amenities F, commute F.
• Susquehanna Community SD (rural): math 30% / reading 50% proficiency, ranked #364 of 539 in PA (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 45 active listings in the ZIP; 80 units permitted in Susquehanna County in 2024 (5 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($387 loan paydown + $3k appreciation (5.0% local appreciation)).
• Susquehanna County population projected at -30% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (5.0% appreciation + 3.0% rent growth), your $16k cash investment doubles in ~2 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 3 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $12k; list at $56k implies a 367% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $56,000

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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.
6. 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.
7. 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: 2.27% ✓
• Cap rate: 17.98%
• Cash-on-cash: 41.74%
• DSCR: 2.86
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $145,024
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
149 Broad Ave	0.31mi	3/1.0	1,440 (+2%)	4mo	$154,500	$107	78
979 W Main St	0.28mi	2/1.5 (-1)	1,446 (+3%)	11mo	$40,000	$28	66
396 Prospect St	0.33mi	4/1.0 (+1)	1,454 (+3%)	19mo	$150,000	$103	59
5629 High St	0.50mi	2/2.0 (-1)	1,375 (-2%)	7mo	$150,000	$109	58
57 Center Ln	0.63mi	3/2.0	1,400 (-1%)	14mo	$253,500	$181	54
76 Pine St	0.42mi	4/1.0 (+1)	1,550 (+10%)	6mo	$137,000	$88	53
22 4th Ave	0.35mi	3/1.5	1,230 (-13%)	9mo	$97,000	$79	53
241 Laurel St	0.51mi	3/1.5	1,532 (+9%)	14mo	$230,000	$150	48
5333 Prospect St	0.40mi	3/1.0	1,584 (+12%)	19mo	$62,000	$39	45
84 Washington St	0.50mi	3/1.0	1,200 (-15%)	12mo	$40,000	$33	42
120 Boyden St	0.50mi	2/1.0 (-1)	1,200 (-15%)	8mo	$151,000	$126	41
81 Oak St	0.46mi	4/1.0 (+1)	1,578 (+12%)	16mo	$22,000	$14	40

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

Projected returns pro-forma

5.01% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 50.0%
• Equity multiple: 4.04×
• Total profit: $47,726
• Equity at exit: $31,757

10-year hold

• IRR: 47.8%
• Equity multiple: 8.29×
• Total profit: $114,368
• Equity at exit: $54,828

Cash invested: $15,680 (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 18847

• Home prices YoY: 4.2%
• Active inventory: 45
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,270 medium
• Mortgage (P&I): −$294
• Tax from tax record: −$141 /mo · $1,695/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $545

Break-even live

Break-even rent $580

Max offer price $56,000

Occupancy floor 52%

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: $14,000
• Closing costs: $1,680
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-06-18
   days on market $56,000 Active 3 DOM
2. 2026-06-17
   days on market $56,000 Active 2 DOM
3. 2026-06-16
   remarks 289-char remark
4. 2026-06-16
   listed $56,000 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: $1,695 · $141/mo
• Projected year-2 tax: $1,695 · $141/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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥92°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,245
• − Mortgage interest: −$3,137
• − Property taxes: −$1,695
• − Insurance: −$280
• − Repairs & maintenance: −$1,220
• − Management: −$1,220
• − Depreciation: −$1,629
• Taxable income: $6,065
• Est. tax owed @ 24.0%: −$1,456
• After-tax cash flow: $5,089/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: Susquehanna Community SD
• NCES district ID: 4222980
• Math proficiency: 30% ▼ -17.00%
• Reading proficiency: 50% ▼ -10.00%
• Median HH income: $39,980
• Composite: 33.46/100
• National rank: #5458
• State rank: #364 of 539 in PA

Livability — Susquehanna Depot

• Score: 59/100
• State rank: #1549
• US rank: #20398

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Susquehanna Depot, PA
• Population (ZIP): 5,082

Population outlook (Susquehanna County) Hauer SSP2

• Today (2025): 37,552 people
• By 2030: 35,270 · -6.1%
• By 2040: 30,663 · -18.3%
• By 2050: 26,492 · -29.5%
• By 2075: 19,658 · -47.7%
• By 2100: 15,179 · -59.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Romanian 5% Lithuanian 2% Iranian 2%
• Foreign-born: 1%
• Languages at home: 97% English-only · German/W. Germanic 1%

Political lean MEDSL · Susquehanna

• 2024 margin: Solid R (+44.7) · D 27.2% · R 71.9%
• 2008→2024 swing: -33.0pp toward R · 2008: -11.7pp · 2024: -44.7pp
• All cycles: 2024: R+44.7 2020: R+41.2 2016: R+42.9 2012: R+21.4 2008: R+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.01%
• Current HPI: 124.2656
• 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

+366.7% since first listed

2 events — show timeline

• 2026-06-12 Listed $56,000 GSBR as distributed by MLS GRID
• 2012-12-31 Sold (Public Records) $12,000 Public Records

Property tax history

+1.7%/yr

Latest (2026): $1,695 · +4.5% YoY. Source: county tax records.