975 Centennial Ave · Parkville, PA 17331

$108,000

2 bd · 1.0 ba · 988 sqft · Townhouse public records · 1 Days on market

Built 1930 3,698 sqft lot Est $108k · at est.

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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 +26.9/30.0
• DSCR +9.3/10.0
• 1% rule +7.9/10.0
• ARV discount +7.4/15.0
• Schools +4.2/10.0
• Livability +3.9/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Project lovers, Investors, and everyone in-between welcome! Offering instant equity at the asking price for this cute & manageable home. Half of a stand-alone duplex with ample yard space and close proximity to highways, restaurants, and shopping! With a little sweat equity this home could be yours before Summer!

Key facts

• Built 1930

Property features AI

Finance

• Other: Fee simple ownership; Property condition: average; Above-grade finished area per assessor: 988 sq. ft.

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; 100 amp electric service; Natural gas hot water
• Home design: Semi-detached structure; Asbestos and frame construction
• Construction: Block foundation; Asphalt shingle roof
• Exterior features: Not in a federal flood zone; Ground rent paid annually; Tidal water not present; Pets allowed with no pet restrictions

Interior

• Bedrooms: 2 bedrooms on main level
• Bathrooms: 1 full bathroom on main level
• Heating & cooling: Forced air heating (natural gas); Window cooling units; Ceiling fans
• Interior features: Unfinished basement; Living area per assessor

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $108k.

Deal economics

• At list price, monthly cash flow is $301 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $108k).
• Cap rate 9.6% vs local median 2.7% in Parkville — 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 77/100 on livability (#357 in PA, #3,134 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D+, amenities F, commute F.
• South Western SD (suburban): math 37% / reading 56% proficiency, ranked #206 of 539 in PA (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.7%/yr); 386 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,328 units permitted in York County in 2024 (338 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $747 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.7% rent growth), your $30k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $108,000

Questions for the listing agent

1. Built in 1930 — 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: 1.29% ✓
• Cap rate: 9.63%
• Cash-on-cash: 11.93%
• DSCR: 1.53
• GRM: 6.5

CMA / ARV

• ARV (on-the-fly): $107,692
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
975 Centennial Ave	0.00mi	2/1.0	988 (0%)	0mo	$108,000	$109	100

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 · 4.67% rent growth · sell at horizon

5-year hold

• IRR: 3.4%
• Equity multiple: 1.13×
• Total profit: $4,071
• Equity at exit: $16,103

10-year hold

• IRR: 14.6%
• Equity multiple: 2.27×
• Total profit: $38,504
• Equity at exit: $9,338

Cash invested: $30,240 (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 17331

• Home prices YoY: -33.8%
• Rents YoY: 4.7%
• Active inventory: 386
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,392 high
• Mortgage (P&I): −$566
• Tax from tax record: −$188 /mo · $2,254/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $301

Break-even live

Break-even rent $1,012

Max offer price $108,000

Occupancy floor 73%

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: $27,000
• Closing costs: $3,240
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1234 Baltimore St Unit 4 Hanover, PA	2.0	1.0	784	$475	$0.61	43d	1	0.54mi
807 W Alvin St Unit 818A Hanover, PA	1.0	1.0	550	$850	$1.55	21d	1	1.28mi
807 W Alvin St Unit 835 Hanover, PA	2.0	1.0	700	$1,000	$1.43	21d	1	1.28mi
807 W Alvin St Hanover, PA	1.0–2.0	1.0	625	$1,000	$1.60	13d	2	1.29mi
1004 Admiral Ln Apt 301 Hanover, PA	1.0	1.0	991	$1,657	$1.67	21d	1	1.35mi
1006 Admiral Ln Unit 101 Hanover, PA	1.0	1.0	847	$1,545	$1.82	43d	1	1.36mi
24 E Middle St Apt A Hanover, PA	1.0	1.0	700	$1,400	$2.00	13d	1	1.37mi
1014 Crew St Unit 303 Hanover, PA	1.0	1.0	924	$1,606	$1.74	21d	1	1.39mi
1001 Admiral Ln Unit 108 Hanover, PA	1.0	1.0	774	$1,571	$2.03	21d	1	1.39mi
1003 Admiral Ln Unit 204 Hanover, PA	2.0	2.0	1039	$1,749	$1.68	43d	1	1.41mi

Listing history 9 events

1. 2026-05-11
   status Pending
2. 2026-05-10
   listed $108,000 Active
3. 2024-04-29
   soldstatus $95,000
4. 2024-04-12
   soldstatus $95,000 Closed 321-char remark

   Show marketing remark (321 chars)

   Project lovers, Investors, and everyone in-between welcome! Offering instant equity at the asking price for this cute & manageable home. Half of a stand-alone duplex with ample yard space and close proximity to highways, restaurants, and shopping! With a little sweat equity this home could be yours before Summer!

5. 2024-03-22
   status Pending 321-char remark

   Show marketing remark (321 chars)

   Project lovers, Investors, and everyone in-between welcome! Offering instant equity at the asking price for this cute & manageable home. Half of a stand-alone duplex with ample yard space and close proximity to highways, restaurants, and shopping! With a little sweat equity this home could be yours before Summer!

6. 2024-03-14
   listed $95,000 Active 321-char remark

   Show marketing remark (321 chars)

   Project lovers, Investors, and everyone in-between welcome! Offering instant equity at the asking price for this cute & manageable home. Half of a stand-alone duplex with ample yard space and close proximity to highways, restaurants, and shopping! With a little sweat equity this home could be yours before Summer!

7. 2024-03-07
   historical $95,000 321-char remark

   Show marketing remark (321 chars)

   Project lovers, Investors, and everyone in-between welcome! Offering instant equity at the asking price for this cute & manageable home. Half of a stand-alone duplex with ample yard space and close proximity to highways, restaurants, and shopping! With a little sweat equity this home could be yours before Summer!

8. 1994-12-01
   soldstatus $42,800
9. 1987-06-01
   soldstatus $17,000

ⓘ 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: $2,254 · $188/mo
• Projected year-2 tax: $2,254 · $188/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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 11% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,704
• − Mortgage interest: −$6,050
• − Property taxes: −$2,254
• − Insurance: −$540
• − Repairs & maintenance: −$1,336
• − Management: −$1,336
• − Depreciation: −$3,142
• Taxable income: $2,046
• Est. tax owed @ 24.0%: −$491
• After-tax cash flow: $3,115/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: South Western SD
• NCES district ID: 4222470
• Math proficiency: 37% ▼ -16.00%
• Reading proficiency: 56% ▼ -11.00%
• Median HH income: $67,689
• Composite: 41.5/100
• National rank: #3456
• State rank: #206 of 539 in PA

Livability — Parkville

• Score: 77/100
• State rank: #357
• US rank: #3134

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Parkville, PA
• County: York County · 278,806 people
• City population: 55,374
• Metro: York-Hanover, PA
• Population (ZIP): 56,443
• Household income: $79,488
• Rent vs Own: 23.6% rent · 76.4% own
• Severe rent burden: 1076.0

Population outlook (York County) Hauer SSP2

• Today (2025): 454,205 people
• By 2030: 457,407 · +0.7%
• By 2040: 457,529 · +0.7%
• By 2050: 448,261 · -1.3%
• By 2075: 427,388 · -5.9%
• By 2100: 384,218 · -15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 7% Two or more races 7% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · York

• 2024 margin: Strong R (+25.3) · D 36.9% · R 62.1%
• 2008→2024 swing: -11.7pp toward R · 2008: -13.6pp · 2024: -25.3pp
• All cycles: 2024: R+25.3 2020: R+24.6 2016: R+29.3 2012: R+21.2 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -128.48%
• Current HPI: 251.8974
• Rent YoY: ▲ 4.67%
• Metro: York-Hanover, PA
• 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

+535.3% since first listed

9 events — show timeline

• 2026-05-11 Pending — BRIGHT MLS
• 2026-05-10 Listed $108,000 BRIGHT MLS
• 2024-04-29 Sold (Public Records) $95,000 Public Records
• 2024-04-12 Sold (MLS) $95,000 BRIGHT MLS
• 2024-03-22 Pending — BRIGHT MLS
• 2024-03-14 Listed $95,000 BRIGHT MLS
• 2024-03-07 Coming Soon $95,000 BRIGHT MLS
• 1994-12-01 Sold (Public Records) $42,800 Public Records
• 1987-06-01 Sold (Public Records) $17,000 Public Records

Property tax history

+2.6%/yr

Latest (2025): $2,254 · +0.0% YoY. Source: county tax records.