80 Vasilios Dr · New Kingstown, PA 17015

$57,000

2 bd · 2.0 ba · 1,078 sqft · Manufactured public records · 75 Days on market

Built 1994 $53/sqft · 4031% above area

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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
• Schools +5.6/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nicely Situated Affordable Home! This 3 BR 2 BA Modular lies close to all amenities and interstates! This well maintained mobile home boasts a wood pellet stove! This nice quiet street backs up to a wooded area which can be adorned on the covered porch for a relaxing morning coffee or friendly gatherings! Plenty of extra storage for lawn and sports equipment in the double door storage shed adorning the back side of the property. The affordable 398.00 MO lot rent covers the sewer, trash and road Maint. Please come visit us for a tour today! NOTE: Propane furnace is not in working order( New Replacement Cost, Recently Quoted 4500-5000) owner prefers to heat with Pellet Stove . .. . Area is Cooled With Central Air for those Hot Summer Nights!!!! All current newer appliances and window treatments will be included with purchase!

Key facts

• Covered porch
• Wood pellet stove
• Wooded area

Tags

• WOOD PELLET STOVE
• COVERED PORCH
• DOUBLE DOOR STORAGE SHED
• WOODED AREA

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $57k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $57k).
• Recommended offer: $54k (6.0% below list) — sets the bar for market timing.
• Cap rate 29.6% vs local median 2.8% in New Kingstown — 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 57/100 on livability (#1,606 in PA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A, schools B+; Watch: amenities F, commute F, employment F.
• Cumberland Valley SD (suburban): math 54% / reading 71% proficiency, ranked #52 of 539 in PA (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 13% free/reduced lunch — higher-income household profile.
• Market conditions: 188 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 1,052 units permitted in Cumberland County in 2024 (310 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $394 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Cumberland County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $16k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 75 days — a 6% lower offer ($54k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 17y ago; this cycle's ask has dropped $6k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $23k; list at $57k implies a 149% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $53,580 (6.0% below list)

Questions for the listing agent

1. It's been on market 75 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 3.23% ✓
• Cap rate: 29.59%
• Cash-on-cash: 83.19%
• DSCR: 4.70
• GRM: 2.6

CMA / ARV

• ARV (median comp): $1,383
• List price: $57,000
• Delta: 4022.28%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
213 Key West Blvd	0.31mi	3/1.5 (+1)	952 (-12%)	17mo	$49,900	$52	45

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

5-year hold

• IRR: 78.3%
• Equity multiple: 4.57×
• Total profit: $57,039
• Equity at exit: $8,499

10-year hold

• IRR: 81.8%
• Equity multiple: 9.47×
• Total profit: $135,124
• Equity at exit: $4,928

Cash invested: $15,960 (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 17015

• Home prices YoY: -25.2%
• Active inventory: 188
• Price-to-rent: 2.6×

Monthly cashflow live

• Estimated rent: $1,843 medium
• Mortgage (P&I): −$299
• Tax from tax record: −$27 /mo · $321/yr
• Insurance: −$24
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$387
• Net cashflow: $1,040

Break-even live

Break-even rent $526

Max offer price $57,000

Occupancy floor 39%

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: $14,250
• Closing costs: $1,710
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
57 Nottingham Dr Mechanicsburg, PA	2.0	1.5	1410	$1,795	$1.27	43d	1	1.19mi

Listing history 11 events

1. 2026-05-03
   status Pending 838-char remark

   Show marketing remark (838 chars)

   Nicely Situated Affordable Home! This 3 BR 2 BA Modular lies close to all amenities and interstates! This well maintained mobile home boasts a wood pellet stove! This nice quiet street backs up to a wooded area which can be adorned on the covered porch for a relaxing morning coffee or friendly gatherings! Plenty of extra storage for lawn and sports equipment in the double door storage shed adorning the back side of the property. The affordable 398.00 MO lot rent covers the sewer, trash and road Maint. Please come visit us for a tour today! NOTE: Propane furnace is not in working order( New Replacement Cost, Recently Quoted 4500-5000) owner prefers to heat with Pellet Stove . .. . Area is Cooled With Central Air for those Hot Summer Nights!!!! All current newer appliances and window treatments will be included with purchase!

2. 2026-04-15
   price $57,000 838-char remark

   Show marketing remark (838 chars)

   Nicely Situated Affordable Home! This 3 BR 2 BA Modular lies close to all amenities and interstates! This well maintained mobile home boasts a wood pellet stove! This nice quiet street backs up to a wooded area which can be adorned on the covered porch for a relaxing morning coffee or friendly gatherings! Plenty of extra storage for lawn and sports equipment in the double door storage shed adorning the back side of the property. The affordable 398.00 MO lot rent covers the sewer, trash and road Maint. Please come visit us for a tour today! NOTE: Propane furnace is not in working order( New Replacement Cost, Recently Quoted 4500-5000) owner prefers to heat with Pellet Stove . .. . Area is Cooled With Central Air for those Hot Summer Nights!!!! All current newer appliances and window treatments will be included with purchase!

3. 2026-02-17
   listed $63,000 Active 838-char remark

   Show marketing remark (838 chars)

   Nicely Situated Affordable Home! This 3 BR 2 BA Modular lies close to all amenities and interstates! This well maintained mobile home boasts a wood pellet stove! This nice quiet street backs up to a wooded area which can be adorned on the covered porch for a relaxing morning coffee or friendly gatherings! Plenty of extra storage for lawn and sports equipment in the double door storage shed adorning the back side of the property. The affordable 398.00 MO lot rent covers the sewer, trash and road Maint. Please come visit us for a tour today! NOTE: Propane furnace is not in working order( New Replacement Cost, Recently Quoted 4500-5000) owner prefers to heat with Pellet Stove . .. . Area is Cooled With Central Air for those Hot Summer Nights!!!! All current newer appliances and window treatments will be included with purchase!

4. 2020-12-28
   soldstatus $22,900 Closed 712-char remark

   Show marketing remark (712 chars)

   Opportunity for economical living in a convenient location! This home offers 3 bedrooms and 2 full baths with a center kitchen and living room floor plan. Check out the multitude of cabinet space and countertop room for all your culinary creations. The master suite offers a walk-in closet and a full bath with oversized (48") tiled shower stall. Two bedrooms at the other end share a hall bath with a recently installed jacuzzi. The land-lease lot ($391/month) is located in Cumberland Valley School District and the community sits on the edge of the Appalachian Trail, with easy access for casual, or energetic, strolls along the Trail. Close to I-81 and I-76; one can get just about anywhere from here!

5. 2020-11-24
   status Pending 712-char remark

   Show marketing remark (712 chars)

   Opportunity for economical living in a convenient location! This home offers 3 bedrooms and 2 full baths with a center kitchen and living room floor plan. Check out the multitude of cabinet space and countertop room for all your culinary creations. The master suite offers a walk-in closet and a full bath with oversized (48") tiled shower stall. Two bedrooms at the other end share a hall bath with a recently installed jacuzzi. The land-lease lot ($391/month) is located in Cumberland Valley School District and the community sits on the edge of the Appalachian Trail, with easy access for casual, or energetic, strolls along the Trail. Close to I-81 and I-76; one can get just about anywhere from here!

6. 2020-11-16
   listed $22,900 Active 712-char remark

   Show marketing remark (712 chars)

   Opportunity for economical living in a convenient location! This home offers 3 bedrooms and 2 full baths with a center kitchen and living room floor plan. Check out the multitude of cabinet space and countertop room for all your culinary creations. The master suite offers a walk-in closet and a full bath with oversized (48") tiled shower stall. Two bedrooms at the other end share a hall bath with a recently installed jacuzzi. The land-lease lot ($391/month) is located in Cumberland Valley School District and the community sits on the edge of the Appalachian Trail, with easy access for casual, or energetic, strolls along the Trail. Close to I-81 and I-76; one can get just about anywhere from here!

7. 2014-12-02
   soldstatus $17,500
8. 2014-11-07
   listed $21,000
9. 2010-02-12
   soldstatus $21,500
10. 2009-12-30
    historical
11. 2009-10-02
    listed $24,500

ⓘ 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: $321 · $27/mo
• Projected year-2 tax: $611 · $51/mo
• Expected delta: +$290/yr (+$24/mo · 90.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥101°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,114
• − Mortgage interest: −$3,193
• − Property taxes: −$321
• − Insurance: −$1,082
• − Repairs & maintenance: −$1,769
• − Management: −$1,769
• − Depreciation: −$1,658
• Taxable income: $12,321
• Est. tax owed @ 24.0%: −$2,957
• After-tax cash flow: $9,522/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: Cumberland Valley SD
• NCES district ID: 4207110
• Math proficiency: 54% ▼ -6.00%
• Reading proficiency: 71% ▼ -7.00%
• Median HH income: $78,135
• Composite: 55.77/100
• National rank: #1218
• State rank: #52 of 539 in PA

Livability — New Kingstown

• Score: 57/100
• State rank: #1606
• US rank: #21798

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Cumberland County · 257,673 people
• Metro: Harrisburg-Carlisle, PA
• Population (ZIP): 24,385
• Household income: $86,981
• Rent vs Own: 17.9% rent · 82.1% own
• Severe rent burden: 172.0

Population outlook (Cumberland County) Hauer SSP2

• Today (2025): 267,950 people
• By 2030: 278,105 · +3.8%
• By 2040: 296,552 · +10.7%
• By 2050: 312,937 · +16.8%
• By 2075: 349,233 · +30.3%
• By 2100: 361,875 · +35.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · German/W. Germanic 1% Spanish 1% Other Indo-European 1%

Political lean MEDSL · Cumberland

• 2024 margin: Lean R (+9.4) · D 44.6% · R 54.1% · Other 1.3%
• 2008→2024 swing: +4.2pp toward D · 2008: -13.6pp · 2024: -9.4pp
• All cycles: 2024: R+9.4 2020: R+10.6 2016: R+18.6 2012: R+18.5 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -89.66%
• Current HPI: 265.9175
• Rent YoY: —
• Metro: Harrisburg-Carlisle, PA
• 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

+132.7% since first listed

11 events — show timeline

• 2026-05-03 Pending — BRIGHT MLS
• 2026-04-15 Price Changed $57,000 BRIGHT MLS
• 2026-02-17 Listed $63,000 BRIGHT MLS
• 2020-12-28 Sold (MLS) $22,900 BRIGHT MLS
• 2020-11-24 Pending — BRIGHT MLS
• 2020-11-16 Listed $22,900 BRIGHT MLS
• 2014-12-02 Sold (MLS) $17,500 BRIGHT MLS
• 2014-11-07 Listed $21,000 BRIGHT MLS
• 2010-02-12 Sold (MLS) $21,500 BRIGHT MLS
• 2009-12-30 Listing Removed — BRIGHT MLS
• 2009-10-02 Listed $24,500 BRIGHT MLS

Property tax history

+3.3%/yr

Latest (2026): $321 · +3.2% YoY. Source: county tax records.