208 Indiana Ave · Shenandoah Heights, PA 17976

$139,900

2 bd · 1.0 ba · 1,250 sqft · SingleFamily public records · 9 Days on market

Built 1921 3,485 sqft lot Est $148k · 5% under

---

Why this score? — see what drove the C 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 +19.3/30.0
• ARV discount +9.8/15.0
• Appreciation +6.9/10.0
• DSCR +6.1/10.0
• 1% rule +4.4/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0

Listing remarks

This immaculate, freshly painted 2-bedroom detached home is available for immediate occupancy. The bright interior features a clean, updated kitchen and bath, alongside newer windows and flooring throughout. Step outside to a fantastic outdoor setup boasting a fenced yard, a patio, and a two-tiered deck perfect for taking in the beautiful mountain views. A full, unfinished walk-out basement offers incredible storage or future expansion potential. Complete with a highly desirable off-street parking area that easily accommodates 2 cars, this pristine property is ready for you to call home!

Key facts

• Fenced yard
• Two-tiered deck
• Updated kitchen

Tags

• UPDATED KITCHEN
• FENCED YARD
• TWO-TIERED DECK
• MOUNTAIN VIEWS
• UNFINISHED WALK-OUT BASEMENT
• OFF-STREET PARKING

Property features AI

Exterior

• Parking: Gravel driveway; Driveway parking with 2 spaces (plus total of 2 garage/parking spaces)
• Utilities: Public water; Public sewer
• Home design: Detached home; Estimated year built; Assessor-provided lot dimensions 35 x 100
• Construction: Vinyl siding; Block foundation; Asphalt roof; Above-grade and below-grade structures
• Exterior features: Sidewalks; Rear yard; Deck(s), patio(s), and porch(es); Fully fenced yard

Interior

• Kitchen: Built-in microwave; Dishwasher; Electric oven/range; Refrigerator
• Bedrooms: One bedroom on the first upper level; One bedroom on the second upper level
• Flooring: Laminate flooring; Vinyl flooring
• Bathrooms: One full bathroom (upper levels)
• Heating & cooling: Electric baseboard heating; 200+ amp electrical service
• Interior features: Drywall walls and ceilings; Daylight, full walkout basement; Living room and dining room
• Laundry & utility: Washer and dryer (dryer is electric); Laundry located in the basement; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $153 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $132k (5.8% below list).
• Recommended offer: $132k (5.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 67/100 on livability (#996 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A; Watch: schools D+, amenities F, commute F.
• Shenandoah Valley SD (town): math 20% / reading 38% proficiency, ranked #454 of 539 in PA (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 63 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 169 units permitted in Schuylkill County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($967 loan paydown + $5k appreciation (3.8% local appreciation)).
• Schuylkill County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.8% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $50k; list at $140k implies a 180% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1921 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $131,773 (5.8% below list)

Questions for the listing agent

1. Built in 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 0.94% ✗
• Cap rate: 7.61%
• Cash-on-cash: 4.70%
• DSCR: 1.21
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $147,500
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
211 Virginia Ave	0.11mi	3/1.5 (+1)	1,314 (+5%)	20mo	$95,000	$72	63
220 California Ave	0.18mi	3/2.5 (+1)	1,388 (+11%)	2mo	$250,000	$180	60
326 Arlington St	0.43mi	3/1.0 (+1)	1,140 (-9%)	5mo	$42,500	$37	56
252 Florida Ave	0.09mi	3/1.5 (+1)	1,436 (+15%)	15mo	$169,900	$118	52
258 Indiana Ave	0.08mi	3/1.0 (+1)	1,407 (+13%)	23mo	$175,000	$124	51
330 W Poplar St	0.74mi	2/1.0	1,120 (-10%)	11mo	$55,000	$49	39

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

Projected returns pro-forma

3.84% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.1%
• Equity multiple: 1.84×
• Total profit: $32,947
• Equity at exit: $69,660

10-year hold

• IRR: 15.3%
• Equity multiple: 3.45×
• Total profit: $95,999
• Equity at exit: $112,933

Cash invested: $39,172 (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 17976

• Home prices YoY: 1.3%
• Active inventory: 63
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,318 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$96 /mo · $1,147/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$277
• Net cashflow: $153

Break-even live

Break-even rent $1,123

Max offer price $139,900

Occupancy floor 83%

Sensitivity live

Price	-10% $233	-5% $193	+0% $153	+5% $114	+10% $74
Rent	-10% $49	-5% $101	+0% $153	+5% $205	+10% $258
Rate	-1.0pp $224	-0.5pp $189	base $153	+0.5pp $117	+1.0pp $80

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
230 W Arlington St Shenandoah, PA	3.0	1.0	1143	$1,400	$1.22	44d	1	0.42mi
15 N Gilbert St Shenandoah, PA	1.0	1.5	910	$1,200	$1.32	44d	1	0.48mi

Listing history 7 events

1. 2026-06-12
   statusdays on market $139,900 Pending 9 DOM
2. 2026-06-09
   days on market $139,900 Active 7 DOM
3. 2026-06-08
   days on market $139,900 Active 6 DOM
4. 2026-06-08
   days on market $139,900 Active 5 DOM
5. 2026-06-07
   days on market $139,900 Active 4 DOM
6. 2026-06-03
   remarks 594-char remark
7. 2026-06-03
   listed $139,900 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: $1,147 · $96/mo
• Projected year-2 tax: $1,679 · $140/mo
• Expected delta: +$532/yr (+$44/mo · 46.3%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥92°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 7% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,813
• − Mortgage interest: −$7,837
• − Property taxes: −$1,147
• − Insurance: −$700
• − Repairs & maintenance: −$1,265
• − Management: −$1,265
• − Depreciation: −$4,070
• Taxable loss: −$471
• Est. tax savings @ 24.0%: +$113
• After-tax cash flow: $1,954/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: Shenandoah Valley SD
• NCES district ID: 4221490
• Math proficiency: 20% ▼ -8.00%
• Reading proficiency: 38% ▼ -6.00%
• Median HH income: $31,968
• Composite: 23.58/100
• National rank: #7851
• State rank: #454 of 539 in PA

Livability — Shenandoah Heights

• Score: 67/100
• State rank: #996
• US rank: #10978

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Shenandoah Heights, PA
• Population (ZIP): 5,988

Population outlook (Schuylkill County) Hauer SSP2

• Today (2025): 137,447 people
• By 2030: 133,121 · -3.1%
• By 2040: 124,172 · -9.7%
• By 2050: 115,611 · -15.9%
• By 2075: 100,796 · -26.7%
• By 2100: 86,667 · -36.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 34% Two or more races 12% Black 2%
• Hispanic origin (detail): Mexican 10% Puerto Rican 8% Dominican 11%
• Common ancestry: Romanian 20% Iranian 2% Scotch-Irish 2%
• Foreign-born: 10% · Canada
• Languages at home: 68% English-only · Spanish 30% Russian/Polish/Slavic 1%

Political lean MEDSL · Schuylkill

• 2024 margin: Solid R (+42.1) · D 28.5% · R 70.6%
• 2008→2024 swing: -33.4pp toward R · 2008: -8.7pp · 2024: -42.1pp
• All cycles: 2024: R+42.1 2020: R+39.9 2016: R+43.4 2012: R+13.4 2008: R+8.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.84%
• Current HPI: 308.8036
• 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

+179.8% since first listed

2 events — show timeline

• 2026-06-02 Listed $139,900 BRIGHT MLS
• 2021-08-30 Sold (Public Records) $50,000 Public Records

Property tax history

+1.1%/yr

Latest (2025): $1,147 · +4.1% YoY. Source: county tax records.