1043 Jeter Ave · Fountain Hill, PA 18015

$130,000

3 bd · 1.0 ba · 1,569 sqft · Townhouse public records · 2 Days on market

Built 1910 5,929 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 +29.8/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +4.3/5.0
• Livability +4.1/5.0
• Schools +3.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Calling all investors or handy homeowners looking to put a little sweat equity into this 3 bedroom, 1 bathroom, twin home in the lovely borough of Fountain Hill. The home offers three levels of living with the main area featuring a family room, dining room and kitchen (w/ laundry area). The second floor features three bedrooms (one is a walk-thru) and a full bathroom. The finished third floor attic space offers even more living space. The home also features economical natural gas heat, hot water and cooking, with electric baseboard heat as well. Unfinished walk-out basement, workshop/storage room behind kitchen, partially fenced back yard, covered front porch, on-street parking, Bethlehem s

Key facts

• Covered front porch
• Built 1910
• Listed 2 days

Tags

• THREE LEVELS OF LIVING
• ECONOMICAL NATURAL GAS HEAT
• UNFINISHED WALK-OUT BASEMENT
• WORKSHOP STORAGE ROOM
• PARTIALLY FENCED BACK YARD
• COVERED FRONT PORCH

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric service with circuit breakers
• Home design: 2 stories; Vinyl and wood siding; Asphalt/fiberglass roof
• Construction: Built with vinyl and wood siding; Asphalt/fiberglass roof
• Exterior features: On-street parking; Zoned MD-R

Interior

• Kitchen: Gas oven and gas range; Dishwasher; Refrigerator
• Bedrooms: Total of 6 rooms (includes bedroom spaces)
• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air and baseboard heating (electric and gas); Ceiling fans; Wall/window air conditioning units
• Interior features: Eat-in kitchen; Partial, walk-out basement
• Laundry & utility: Washer and dryer; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $130k.

Deal economics

• At list price, monthly cash flow is $478 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Cap rate 10.7% vs local median 4.2% in Fountain Hill — 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 82/100 on livability (#155 in PA, #1,290 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: commute C-, employment D, schools F.
• Bethlehem Area SD (urban): math 31% / reading 49% proficiency, ranked #342 of 539 in PA (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+7.2%/yr); 156 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 765 units permitted in Lehigh County in 2024 (286 in 5+ unit buildings).
• This rent runs 39% of the median local income ($61k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Lehigh County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 7.2% rent growth), your $36k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price; built in 1910 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire 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 $130,000

Questions for the listing agent

1. Built in 1910 — 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: 1.51% ✓
• Cap rate: 10.70%
• Cash-on-cash: 15.75%
• DSCR: 1.70
• GRM: 5.5

CMA / ARV

• ARV (on-the-fly): $262,023
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1050 Delaware Ave	0.17mi	3/1.0	1,575 (+0%)	2mo	$265,000	$168	90
1114 Russell Ave	0.09mi	4/1.0 (+1)	1,600 (+2%)	1mo	$255,000	$159	87
1014 Jeter Ave	0.07mi	4/1.0 (+1)	1,500 (-4%)	2mo	$250,000	$167	83
1212 Graham St	0.16mi	3/1.5	1,616 (+3%)	4mo	$290,000	$179	82
1012 Seneca St	0.25mi	3/1.0	1,512 (-4%)	0mo	$255,000	$169	82
1054 Jeter Ave	0.02mi	4/1.5 (+1)	1,680 (+7%)	4mo	$260,000	$155	76
713 S Bergen St	0.44mi	3/1.5	1,600 (+2%)	6mo	$181,500	$113	69
707 Fiot Ave	0.58mi	3/2.0	1,556 (-1%)	2mo	$285,000	$183	66
716 Itaska St	0.53mi	4/1.0 (+1)	1,639 (+4%)	0mo	$285,000	$174	63
1019 Delaware Ave	0.16mi	4/2.5 (+1)	1,760 (+12%)	4mo	$265,000	$151	58
616 Christian St	0.45mi	4/1.5 (+1)	1,668 (+6%)	5mo	$255,000	$153	58
436 Pawnee St	0.68mi	3/2.0	1,744 (+11%)	2mo	$191,000	$110	44

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 · 7.18% rent growth · sell at horizon

5-year hold

• IRR: 11.9%
• Equity multiple: 1.50×
• Total profit: $18,123
• Equity at exit: $19,383

10-year hold

• IRR: 24.3%
• Equity multiple: 3.58×
• Total profit: $94,086
• Equity at exit: $11,240

Cash invested: $36,400 (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 18015

• Home prices YoY: -30.7%
• Rents YoY: 7.2%
• Active inventory: 156
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,967 high
• Mortgage (P&I): −$682
• Tax from tax record: −$340 /mo · $4,080/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$413
• Net cashflow: $478

Break-even live

Break-even rent $1,362

Max offer price $130,000

Occupancy floor 71%

Sensitivity live

Price	-10% $551	-5% $515	+0% $478	+5% $441	+10% $404
Rent	-10% $322	-5% $400	+0% $478	+5% $555	+10% $633
Rate	-1.0pp $543	-0.5pp $511	base $478	+0.5pp $444	+1.0pp $410

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1129 Russell Ave Fountain Hill, PA	3.0	1.0	1376	$1,750	$1.27	24d	1	0.08mi
1129 Russell Ave Fountain Hill, PA	3.0	1.0	1376	$1,900	$1.38	44d	1	0.08mi
1217 Broadway Unit 2 Fountain Hill, PA	2.0	1.0	1340	$1,550	$1.16	24d	1	0.26mi
14 Finady Ave Bethlehem, PA	3.0	1.5	1500	$1,600	$1.07	22d	1	0.47mi
708 Cherokee St Bethlehem, PA	3.0	1.5	1200	$2,500	$2.08	44d	1	0.52mi
517 Seneca St Unit 1 Bethlehem, PA	2.0	1.5	1500	$2,200	$1.47	44d	1	0.57mi
541 Jischke St Bethlehem, PA	3.0	1.0	1090	$1,800	$1.65	24d	1	0.59mi
521 Hess St Bethlehem, PA	3.0	1.0	1120	$1,500	$1.34	22d	1	0.72mi
406 W 9th St Bethlehem, PA	3.0	1.0	1152	$2,100	$1.82	22d	1	0.75mi
1861 E Emmaus Ave Allentown, PA	3.0	2.0	1704	$2,500	$1.47	15d	1	1.08mi
1718 Calypso Ave Bethlehem, PA	4.0	1.5	1912	$2,700	$1.41	44d	1	1.08mi
11 W 2nd St Bethlehem, PA	2.0	2.0	1620	$2,550	$1.57	24d	4	1.14mi
517 Schaffer St Bethlehem, PA	2.0	1.0	1200	$1,900	$1.58	3d	1	1.23mi
311 E 3rd St Bethlehem, PA	2.0	2.0	1189	$2,330	$1.96	3d	3	1.33mi
520 W Union Blvd Unit 2 Bethlehem, PA	3.0	1.0	2225	$2,150	$0.97	24d	1	1.47mi
436 Pierce St Bethlehem, PA	4.0	2.0	1452	$2,250	$1.55	3d	1	1.47mi
42 E Wall St Bethlehem, PA	4.0	1.0	1474	$2,550	$1.73	24d	1	1.49mi

Listing history 3 events

1. 2026-06-18
   days on market $130,000 Active 2 DOM
2. 2026-06-16
   remarks 699-char remark
3. 2026-06-16
   listed $130,000 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: $4,080 · $340/mo
• Projected year-2 tax: $4,080 · $340/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 5/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,600
• − Mortgage interest: −$7,282
• − Property taxes: −$4,080
• − Insurance: −$650
• − Repairs & maintenance: −$1,888
• − Management: −$1,888
• − Depreciation: −$3,782
• Taxable income: $4,030
• Est. tax owed @ 24.0%: −$967
• After-tax cash flow: $4,766/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: Bethlehem Area SD
• NCES district ID: 4203570
• Math proficiency: 31% ▼ -2.00%
• Reading proficiency: 49% ▼ -6.00%
• Median HH income: $55,124
• Composite: 34.92/100
• National rank: #5068
• State rank: #342 of 539 in PA

Livability — Fountain Hill

• Score: 82/100
• State rank: #155
• US rank: #1290

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fountain Hill, PA
• County: Northampton County · 236,814 people
• Metro: Allentown-Bethlehem-Easton, PA-NJ
• Population (ZIP): 34,852
• Household income: $60,800
• Rent vs Own: 49.5% rent · 50.5% own
• Severe rent burden: 1525.0

Population outlook (Lehigh County) Hauer SSP2

• Today (2025): 392,957 people
• By 2030: 408,319 · +3.9%
• By 2040: 440,007 · +12.0%
• By 2050: 475,940 · +21.1%
• By 2075: 590,448 · +50.3%
• By 2100: 690,314 · +75.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 53% Hispanic / Latino 29% Two or more races 14% Black 10% Asian 5%
• Hispanic origin (detail): Mexican 2% Puerto Rican 19% Dominican 3%
• Common ancestry: Romanian 4% Danish 1% Iranian 1%
• Foreign-born: 12% · Canada, China, Jamaica
• Languages at home: 73% English-only · Spanish 21% Chinese 2% Other Indo-European 2%

Political lean MEDSL · Lehigh

• 2024 margin: Toss-up / Even · D 50.7% · R 48.0% · Other 1.2%
• 2008→2024 swing: -12.9pp toward R · 2008: 15.6pp · 2024: 2.7pp
• All cycles: 2024: D+2.7 2020: D+7.6 2016: D+4.4 2012: D+7.5 2008: D+15.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -122.95%
• Current HPI: 277.4721
• Rent YoY: ▲ 7.18%
• Metro: Allentown-Bethlehem-Easton, PA-NJ
• 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

1 event — show timeline

• 2026-06-16 Listed $130,000 GLVRMLS

Property tax history

+3.0%/yr

Latest (2026): $4,080 · +5.1% YoY. Source: county tax records.