3 bd · 1.0 ba ·
784 sqft ·
Built 2001
· Manufactured
· Active
· 35 DOM
Cashflow @ list (25.0% down · 7.5%)
Estimated rent
$1,174/mo
Mortgage (P&I)
−$260
Tax + insurance
−$101
HOA
−$0
Vac / Maint / Mgmt
−$247
Net cashflow
$567/mo
Annual
$6,807/yr
Cap rate
20.05%
Cash-on-cash
49.12%
DSCR
3.19
1% rule
2.37%
Cash to close
$13,860
Investor read
This is a 3-bed/1.0-bath manufactured listed at $50k.
At list price, monthly cash flow is $567 ($7k/yr) — positive.
The deal already cash-flows at list — no discount required.
Meets the 1% rule at list price ($1k rent vs $50k).
It's been on market 35 days — a 3% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
Recommended offer: $48k (3.0% below list) — sets the bar for market timing.
In year one you build about $1k of equity ($342 loan paydown + $1k appreciation (2.2% local appreciation)).
Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
Forest Area SD (rural): math 41% / reading 59% proficiency, ranked #415 of 658 in PA (top 63%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
Zoned schools: West Forest El Sch (math 32% / reading 47%, grade F, #947 of 1,518 statewide, top 65%, 114 students, 100% FRL); West Forest Jshs (math 15% / reading 24%, grade F, #391 of 437 statewide, top 89%, 109 students, 63% FRL) — zoned schools average 82% FRL vs 47% district-wide (35 pts higher); higher-poverty schools than district average — tighter screening recommended.
Zoned-school proficiency averages 30% at this address vs 50% district-wide (-20 pts) — the specific schools serving this property underperform the Forest Area SD average; the district grade overstates school quality for this exact location.
Market conditions: 52 active listings in the ZIP; 42 units permitted in Venango County in 2024 (0 in 5+ unit buildings).
Venango County population projected at -30% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
Current owner paid $5k; list at $50k implies a 890% gain — meaningful room to come down on a strong offer.
At projected returns (2.2% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.
Questions for listing agent
It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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.
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.
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.
CashFlowRE · CFR-G3KTBQEHZADSK2
· Data 15 h agocashflowre.app · 2026-05-29