144 Barnett Ln · Austin, PA 16720

$29,500

4 bd · 1.0 ba · 621 sqft · Other public records · 31 Days on market

Built 1910 4,792 sqft 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 +7.0/10.0
• Schools +4.8/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Spacious 4-bedroom, 2-story home with 1 full bath offering plenty of potential for the right buyer. This property needs work inside and out but provides a solid opportunity to renovate and customize to your vision. Features include a traditional layout with generously sized rooms, large living areas, and ample space for updates and improvements. Exterior repairs and cosmetic renovations are needed throughout the home. Ideal for investors, rehabbers, or buyers looking for a fixer-upper with strong upside potential. Property is being sold as-is.

Key facts

• 4,792 sq ft lot
• Built 1910
• Listed 31 days

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Single family residence; Residential property; 2 stories
• Construction: Vinyl siding; Wood siding
• Exterior features: Shingle roof

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Floor furnace (natural gas)
• Interior features: Gas water heater; Floor furnace heating (natural gas)

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath other listed at $30k.

Deal economics

• At list price, monthly cash flow is $523 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($986 rent vs $30k).
• Recommended offer: $29k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#1,206 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, crime C-, health & safety D.
• Austin Area SD (rural): math 45% / reading 65% proficiency, ranked #337 of 658 in PA (top 51%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 18 active listings in the ZIP; 24 units permitted in Potter County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($204 loan paydown + $1k appreciation (3.9% local appreciation)).
• Potter County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.9% 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 31 days — a 3% lower offer ($29k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $18k; list at $30k implies a 64% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.6% of price; built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $28,615 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 3.34% ✓
• Cap rate: 27.59%
• Cash-on-cash: 76.05%
• DSCR: 4.38
• GRM: 2.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.91% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 81.3%
• Equity multiple: 5.65×
• Total profit: $38,392
• Equity at exit: $14,810

10-year hold

• IRR: 80.2%
• Equity multiple: 11.69×
• Total profit: $88,290
• Equity at exit: $24,107

Cash invested: $8,260 (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 16720

• Home prices YoY: 3.5%
• Active inventory: 18
• Price-to-rent: 2.5×

Monthly cashflow live

• Estimated rent: $986 medium
• Mortgage (P&I): −$155
• Tax from tax record: −$88 /mo · $1,062/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$207
• Net cashflow: $523

Break-even live

Break-even rent $323

Max offer price $29,500

Occupancy floor 42%

Sensitivity live

Price	-10% $540	-5% $532	+0% $523	+5% $515	+10% $507
Rent	-10% $446	-5% $485	+0% $523	+5% $562	+10% $601
Rate	-1.0pp $538	-0.5pp $531	base $523	+0.5pp $516	+1.0pp $508

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: $7,375
• Closing costs: $885
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-18
   days on market $29,500 Active 31 DOM
2. 2026-06-17
   days on market $29,500 Active 30 DOM
3. 2026-06-16
   days on market $29,500 Active 29 DOM
4. 2026-06-15
   days on market $29,500 Active 28 DOM
5. 2026-06-13
   days on market $29,500 Active 26 DOM
6. 2026-06-12
   days on market $29,500 Active 25 DOM
7. 2026-06-09
   days on market $29,500 Active 22 DOM
8. 2026-06-08
   days on market $29,500 Active 21 DOM
9. 2026-06-08
   days on market $29,500 Active 20 DOM
10. 2026-06-07
    days on market $29,500 Active 19 DOM
11. 2026-06-04
    days on market $29,500 Active 16 DOM
12. 2026-06-02
    days on market $29,500 Active 15 DOM
13. 2026-06-01
    price $29,500 Active 14 DOM
14. 2026-06-01
    days on market $33,500 Active 14 DOM
15. 2026-05-31
    days on market $33,500 Active 13 DOM
16. 2026-05-18
    listed $33,500 Active
17. 1997-11-01
    soldstatus $18,000

ⓘ 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: $1,062 · $88/mo
• Projected year-2 tax: $1,062 · $88/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 8 d/yr ≥91°F today · 19 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: $11,832
• − Mortgage interest: −$1,652
• − Property taxes: −$1,062
• − Insurance: −$148
• − Repairs & maintenance: −$947
• − Management: −$947
• − Depreciation: −$858
• Taxable income: $6,219
• Est. tax owed @ 24.0%: −$1,493
• After-tax cash flow: $4,789/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: Austin Area SD
• NCES district ID: 4202700
• Math proficiency: 45% ▼ -10.00%
• Reading proficiency: 65% ▼ -5.00%
• Median HH income: $38,291
• Composite: 47.59/100
• National rank: #4953
• State rank: #337 of 658 in PA

Livability — Austin

• Score: 64/100
• State rank: #1206
• US rank: #14200

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Austin, PA
• Population (ZIP): 1,196

Population outlook (Potter County) Hauer SSP2

• Today (2025): 15,824 people
• By 2030: 15,023 · -5.1%
• By 2040: 13,290 · -16.0%
• By 2050: 11,572 · -26.9%
• By 2075: 8,144 · -48.5%
• By 2100: 5,102 · -67.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Two or more races 2%
• Common ancestry: Romanian 4% Lithuanian 2% Serbian 2%
• Foreign-born: 1%

Political lean MEDSL · Potter

• 2024 margin: Solid R (+62.3) · D 18.4% · R 80.7%
• 2008→2024 swing: -24.9pp toward R · 2008: -37.4pp · 2024: -62.3pp
• All cycles: 2024: R+62.3 2020: R+60.8 2016: R+63.6 2012: R+45.9 2008: R+37.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.91%
• Current HPI: 115.4722
• 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

+86.1% since first listed

2 events — show timeline

• 2026-05-18 Listed $33,500 NMPA
• 1997-11-01 Sold (Public Records) $18,000 Public Records

Property tax history

+1.4%/yr

Latest (2026): $1,062 · +2.0% YoY. Source: county tax records.