506 Blanchard St · Osceola Mills, PA 16666

$120,000

4 bd · 1.5 ba · 2,763 sqft · Other · 43 Days on market

Built 1930 6,098 sqft lot $43/sqft · 47% below area Est $226k · 47% under

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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 +26.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +7.3/10.0
• Appreciation +5.8/10.0
• Schools +3.9/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Step into possibility… and imagine the life waiting here. This is more than just a house, it’s an opportunity to create something truly special. Brimming with character, warmth, and undeniable charm, this 4-bedroom, 1.5-bath home is ready for its next chapter… and your vision. From the moment you arrive, the inviting front porch welcomes you in, perfectly positioned along the annual 4th of July parade route, offering a front-row seat to one of the town’s most cherished traditions. Inside, you’ll find stunning original woodwork, rich in detail and craftsmanship, wrapping every room in timeless beauty you simply can’t recreate. The main level offers an easy, flowing layout with two spacious living/dining areas, ideal for entertaining, gathering, and everyday living. A cozy electric fireplace set in stone creates the perfect spot to unwind year-round. The eat-in kitchen provides ample space for casual meals, along with convenient access to a half bath and first-floor laundry. Step outside to the rear patio and envision summer nights under the stars. Upstairs, four generously sized rooms offer flexibility for bedrooms, home office space, or creative pursuits. A charming reading nook adds a quiet retreat for slow mornings or evening wind-downs. The full bath completes the second floor. And then… the attic. Two expansive rooms filled with untapped potential, ready to become additional bedrooms, a studio, playroom, or whatever your lifestyle calls for. Outside, the flat and level yard offers space for pets, gardening, or play, while the two-car garage adds everyday convenience. Homes like this don’t come along often, rich in soul, full of character, and overflowing with potential. With a little vision and love, this could be the home everyone talks about. Come see what it could be… and make it yours.

Key facts

• Inviting front porch
• Eat-in kitchen
• Rear patio

Tags

• INVITING FRONT PORCH
• STUNNING ORIGINAL WOODWORK
• COZY ELECTRIC FIREPLACE
• EAT-IN KITCHEN
• REAR PATIO
• CHARMING READING NOOK

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath other listed at $120k.

Deal economics

• At list price, monthly cash flow is $314 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $116k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#1,099 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Philipsburg-Osceola Area SD (town): math 42% / reading 52% proficiency, ranked #258 of 539 in PA (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 13 active listings in the ZIP; 99 units permitted in Clearfield County in 2024 (10 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($830 loan paydown + $2k appreciation (1.7% local appreciation)).
• Clearfield County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (1.7% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 12y ago; this cycle's ask has dropped $29k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $56k; list at $120k implies a 114% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $116,400 (3.0% below list)

Questions for the listing agent

1. It's been on market 43 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 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.23% ✓
• Cap rate: 9.43%
• Cash-on-cash: 11.21%
• DSCR: 1.50
• GRM: 6.8

CMA / ARV

• ARV (median comp): $225,724
• List price: $120,000
• Delta: -46.84%
• Verdict: UNDERPRICED
• Comps: 10 within 1.0 mi

Projected returns pro-forma

1.67% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.8%
• Equity multiple: 1.78×
• Total profit: $26,268
• Equity at exit: $45,219

10-year hold

• IRR: 17.6%
• Equity multiple: 3.27×
• Total profit: $76,357
• Equity at exit: $63,532

Cash invested: $33,600 (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 16666

• Home prices YoY: 1.4%
• Active inventory: 13
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,474 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$171 /mo · $2,054/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$310
• Net cashflow: $314

Break-even live

Break-even rent $1,077

Max offer price $120,000

Occupancy floor 74%

Sensitivity live

Price	-10% $382	-5% $348	+0% $314	+5% $280	+10% $246
Rent	-10% $197	-5% $256	+0% $314	+5% $372	+10% $430
Rate	-1.0pp $374	-0.5pp $344	base $314	+0.5pp $283	+1.0pp $251

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-21
   days on market $120,000 Active 43 DOM
2. 2026-06-18
   days on market $120,000 Active 41 DOM
3. 2026-06-18
   status $120,000 Active 40 DOM
4. 2026-04-25
   status Active 1882-char remark

   Show marketing remark (1882 chars)

   Step into possibility… and imagine the life waiting here. This is more than just a house, it’s an opportunity to create something truly special. Brimming with character, warmth, and undeniable charm, this 4-bedroom, 1.5-bath home is ready for its next chapter… and your vision. From the moment you arrive, the inviting front porch welcomes you in, perfectly positioned along the annual 4th of July parade route, offering a front-row seat to one of the town’s most cherished traditions. Inside, you’ll find stunning original woodwork, rich in detail and craftsmanship, wrapping every room in timeless beauty you simply can’t recreate. The main level offers an easy, flowing layout with two spacious living/dining areas, ideal for entertaining, gathering, and everyday living. A cozy electric fireplace set in stone creates the perfect spot to unwind year-round. The eat-in kitchen provides ample space for casual meals, along with convenient access to a half bath and first-floor laundry. Step outside to the rear patio and envision summer nights under the stars. Upstairs, four generously sized rooms offer flexibility for bedrooms, home office space, or creative pursuits. A charming reading nook adds a quiet retreat for slow mornings or evening wind-downs. The full bath completes the second floor. And then… the attic. Two expansive rooms filled with untapped potential, ready to become additional bedrooms, a studio, playroom, or whatever your lifestyle calls for. Outside, the flat and level yard offers space for pets, gardening, or play, while the two-car garage adds everyday convenience. Homes like this don’t come along often, rich in soul, full of character, and overflowing with potential. With a little vision and love, this could be the home everyone talks about. Come see what it could be… and make it yours.

5. 2026-04-13
   status Pending 1882-char remark

   Show marketing remark (1882 chars)

   Step into possibility… and imagine the life waiting here. This is more than just a house, it’s an opportunity to create something truly special. Brimming with character, warmth, and undeniable charm, this 4-bedroom, 1.5-bath home is ready for its next chapter… and your vision. From the moment you arrive, the inviting front porch welcomes you in, perfectly positioned along the annual 4th of July parade route, offering a front-row seat to one of the town’s most cherished traditions. Inside, you’ll find stunning original woodwork, rich in detail and craftsmanship, wrapping every room in timeless beauty you simply can’t recreate. The main level offers an easy, flowing layout with two spacious living/dining areas, ideal for entertaining, gathering, and everyday living. A cozy electric fireplace set in stone creates the perfect spot to unwind year-round. The eat-in kitchen provides ample space for casual meals, along with convenient access to a half bath and first-floor laundry. Step outside to the rear patio and envision summer nights under the stars. Upstairs, four generously sized rooms offer flexibility for bedrooms, home office space, or creative pursuits. A charming reading nook adds a quiet retreat for slow mornings or evening wind-downs. The full bath completes the second floor. And then… the attic. Two expansive rooms filled with untapped potential, ready to become additional bedrooms, a studio, playroom, or whatever your lifestyle calls for. Outside, the flat and level yard offers space for pets, gardening, or play, while the two-car garage adds everyday convenience. Homes like this don’t come along often, rich in soul, full of character, and overflowing with potential. With a little vision and love, this could be the home everyone talks about. Come see what it could be… and make it yours.

6. 2026-04-06
   listed $149,000 Active 1882-char remark

   Show marketing remark (1882 chars)

   Step into possibility… and imagine the life waiting here. This is more than just a house, it’s an opportunity to create something truly special. Brimming with character, warmth, and undeniable charm, this 4-bedroom, 1.5-bath home is ready for its next chapter… and your vision. From the moment you arrive, the inviting front porch welcomes you in, perfectly positioned along the annual 4th of July parade route, offering a front-row seat to one of the town’s most cherished traditions. Inside, you’ll find stunning original woodwork, rich in detail and craftsmanship, wrapping every room in timeless beauty you simply can’t recreate. The main level offers an easy, flowing layout with two spacious living/dining areas, ideal for entertaining, gathering, and everyday living. A cozy electric fireplace set in stone creates the perfect spot to unwind year-round. The eat-in kitchen provides ample space for casual meals, along with convenient access to a half bath and first-floor laundry. Step outside to the rear patio and envision summer nights under the stars. Upstairs, four generously sized rooms offer flexibility for bedrooms, home office space, or creative pursuits. A charming reading nook adds a quiet retreat for slow mornings or evening wind-downs. The full bath completes the second floor. And then… the attic. Two expansive rooms filled with untapped potential, ready to become additional bedrooms, a studio, playroom, or whatever your lifestyle calls for. Outside, the flat and level yard offers space for pets, gardening, or play, while the two-car garage adds everyday convenience. Homes like this don’t come along often, rich in soul, full of character, and overflowing with potential. With a little vision and love, this could be the home everyone talks about. Come see what it could be… and make it yours.

7. 2025-12-27
   historical
8. 2025-10-21
   price $158,500
9. 2025-10-21
   price $158,500
10. 2025-09-22
    price $165,000
11. 2025-09-20
    price $165,000
12. 2025-09-04
    price $175,000
13. 2025-09-04
    price $175,000
14. 2025-08-01
    price $185,000
15. 2025-08-01
    price $185,000
16. 2025-07-18
    listed $198,000 Active
17. 2014-09-23
    soldstatus $56,000
18. 2014-09-18
    soldstatus $56,000
19. 2014-05-27
    listed $59,900

ⓘ 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: $2,054 · $171/mo
• Projected year-2 tax: $2,054 · $171/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 3/10 Moderate
• 🌡 Heat 3/10 Moderate 8 d/yr ≥91°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,686
• − Mortgage interest: −$6,722
• − Property taxes: −$2,054
• − Insurance: −$600
• − Repairs & maintenance: −$1,415
• − Management: −$1,415
• − Depreciation: −$3,491
• Taxable income: $1,989
• Est. tax owed @ 24.0%: −$477
• After-tax cash flow: $3,289/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: Philipsburg-Osceola Area SD
• NCES district ID: 4219020
• Math proficiency: 42% ▼ -9.00%
• Reading proficiency: 52% ▼ -10.00%
• Median HH income: $40,645
• Composite: 39.37/100
• National rank: #3977
• State rank: #258 of 539 in PA

Livability — Osceola Mills

• Score: 65/100
• State rank: #1099
• US rank: #12436

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Osceola Mills, PA
• Population (ZIP): 2,774

Population outlook (Clearfield County) Hauer SSP2

• Today (2025): 79,658 people
• By 2030: 78,358 · -1.6%
• By 2040: 74,670 · -6.3%
• By 2050: 70,186 · -11.9%
• By 2075: 60,391 · -24.2%
• By 2100: 46,886 · -41.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Hispanic / Latino 2% Two or more races 1%
• Common ancestry: Romanian 11% Lithuanian 6% Scotch-Irish 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Clearfield

• 2024 margin: Solid R (+51.5) · D 23.9% · R 75.4%
• 2008→2024 swing: -39.4pp toward R · 2008: -12.1pp · 2024: -51.5pp
• All cycles: 2024: R+51.5 2020: R+49.5 2016: R+49.6 2012: R+28.9 2008: R+12.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.67%
• Current HPI: 125.5277
• 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

+148.7% since first listed

16 events — show timeline

• 2026-04-25 Relisted — BRIGHT MLS
• 2026-04-13 Pending — BRIGHT MLS
• 2026-04-06 Listed $149,000 BRIGHT MLS
• 2025-12-27 Listing Removed — BRIGHT MLS
• 2025-10-21 Price Changed $158,500 AHARMLS
• 2025-10-21 Price Changed $158,500 BRIGHT MLS
• 2025-09-22 Price Changed $165,000 AHARMLS
• 2025-09-20 Price Changed $165,000 BRIGHT MLS
• 2025-09-04 Price Changed $175,000 BRIGHT MLS
• 2025-09-04 Price Changed $175,000 AHARMLS
• 2025-08-01 Price Changed $185,000 AHARMLS
• 2025-08-01 Price Changed $185,000 BRIGHT MLS
• 2025-07-18 Listed $198,000 BRIGHT MLS
• 2014-09-23 Sold (Public Records) $56,000 Public Records
• 2014-09-18 Sold (MLS) $56,000 BRIGHT MLS
• 2014-05-27 Listed $59,900 BRIGHT MLS

Property tax history

+2.2%/yr

Latest (2026): $2,054 · +6.0% YoY. Source: county tax records.