433 Lindberg Ave · York, PA 17401

$94,900

3 bd · 1.5 ba · 1,431 sqft · Townhouse public records · 12 Days on market

Built 1900 2,104 sqft lot Est $147k · 36% 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• Rent growth +4.1/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Key facts

• Built 1900
• Listed 12 days

Property features AI

Finance

• Financial info: Lease not considered

Exterior

• Parking: Free parking
• Utilities: Public water; Public sewer; Electric service available; Hot water: other source
• Home design: Interior townhouse/rowhouse; Ownership is fee simple
• Construction: Vinyl and aluminum siding; Other type foundation; Above-grade and below-grade structures
• Exterior features: Not located in a federal flood zone; No tidal water on property

Interior

• Bedrooms: Main level: 1 bedroom; 1st upper level: 2 bedrooms; 2nd upper level: 1 bedroom
• Bathrooms: Two full bathrooms (one on main level, one on 1st upper level)
• Heating & cooling: Forced air heating (natural gas); Window air conditioning units
• Interior features: Attic; Unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $95k.

Deal economics

• At list price, monthly cash flow is $422 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Cap rate 11.6% vs local median 4.9% in York — 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 75/100 on livability (#427 in PA, #3,987 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: amenities D+, crime F, employment F.
• York City SD (urban): math 4% / reading 16% proficiency, ranked #534 of 539 in PA (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+6.4%/yr); 63 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,328 units permitted in York County in 2024 (338 in 5+ unit buildings).
• This rent runs 39% of the median local income ($43k/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 $656 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 6.4% rent growth), your $27k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $10k; list at $95k implies a 849% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — 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 $94,900

Questions for the listing agent

1. Built in 1900 — 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.48% ✓
• Cap rate: 11.63%
• Cash-on-cash: 19.08%
• DSCR: 1.85
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $147,393
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
632 S Pershing Ave	0.24mi	3/1.0	1,408 (-2%)	1mo	$202,000	$143	83
442 S Duke St	0.16mi	3/1.5	1,342 (-6%)	2mo	$155,000	$115	81
120 E Jackson St	0.35mi	3/1.0	1,425 (-0%)	0mo	$130,000	$91	81
47 E South St	0.15mi	3/1.0	1,344 (-6%)	1mo	$150,000	$112	80
316 S Pershing Ave	0.22mi	3/1.0	1,512 (+6%)	2mo	$160,000	$106	77
353 E Prospect St	0.51mi	4/1.0 (+1)	1,422 (-1%)	3mo	$145,000	$102	66
740 Cleveland Ave	0.25mi	4/1.0 (+1)	1,572 (+10%)	1mo	$145,000	$92	64
752 Mckenzie St	0.35mi	3/1.0	1,216 (-15%)	1mo	$125,000	$103	56
615 Vander Ave	0.68mi	3/1.0	1,304 (-9%)	4mo	$103,000	$79	48
429 W Princess St	0.60mi	4/1.0 (+1)	1,604 (+12%)	1mo	$125,000	$78	44
207 E Philadelphia St	0.66mi	4/1.0 (+1)	1,566 (+9%)	4mo	$98,000	$63	43
238 W Philadelphia St	0.64mi	4/2.0 (+1)	1,608 (+12%)	2mo	$197,500	$123	41

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 · 6.37% rent growth · sell at horizon

5-year hold

• IRR: 14.8%
• Equity multiple: 1.62×
• Total profit: $16,489
• Equity at exit: $14,150

10-year hold

• IRR: 26.0%
• Equity multiple: 3.67×
• Total profit: $70,822
• Equity at exit: $8,205

Cash invested: $26,572 (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 17401

• Home prices YoY: -16.5%
• Rents YoY: 6.4%
• Active inventory: 63
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,405 high
• Mortgage (P&I): −$498
• Tax from tax record: −$150 /mo · $1,802/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $422

Break-even live

Break-even rent $870

Max offer price $94,900

Occupancy floor 65%

Sensitivity live

Price	-10% $476	-5% $449	+0% $422	+5% $396	+10% $369
Rent	-10% $311	-5% $367	+0% $422	+5% $478	+10% $533
Rate	-1.0pp $470	-0.5pp $447	base $422	+0.5pp $398	+1.0pp $373

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: $23,725
• Closing costs: $2,847
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
444 S Duke St York, PA	3.0	1.0	1200	$1,200	$1.00	45d	1	0.14mi
443 S Duke St York, PA	3.0	1.0	1028	$1,225	$1.19	45d	1	0.15mi
514 S Duke St York, PA	3.0	1.0	1289	$1,625	$1.26	22d	1	0.15mi
208 Liberty Ct York, PA	3.0	1.0	1096	$1,195	$1.09	45d	1	0.29mi
119 W Jackson St York, PA	4.0	1.0	1800	$1,395	$0.78	45d	1	0.30mi
132 S Beaver St Apt 4 York, PA	2.0	2.0	1000	$1,250	$1.25	45d	1	0.32mi
626 S Queen St York, PA	3.0	1.0	1526	$1,225	$0.80	22d	1	0.32mi
28 N George St Unit H York, PA	2.0	2.0	1400	$1,550	$1.11	45d	1	0.53mi
516 E Boundary Ave York, PA	2.0	1.0	1128	$1,200	$1.06	14d	1	0.59mi
466 W College Ave York, PA	3.0	1.0	1068	$1,295	$1.21	45d	1	0.64mi
715 Vander Ave York, PA	3.0	1.0	1180	$1,295	$1.10	14d	1	0.64mi
339 E Market St Unit 1 York, PA	4.0	1.5	1600	$1,650	$1.03	22d	1	0.65mi
175 W Gay Ave York, PA	1.0–2.0	1.0	1219	$1,650	$1.35	14d	2	0.70mi
537 W Jackson St York, PA	3.0	2.0	1795	$1,795	$1.00	14d	1	0.74mi
231 Franklin Way York, PA	3.0	1.0	920	$1,195	$1.30	14d	1	0.74mi
251 N George St York, PA	2.0	2.0	1100	$1,595	$1.45	14d	1	0.76mi
245 Franklin Way York, PA	2.0	2.0	1240	$1,150	$0.93	14d	1	0.76mi
314 W Gay Ave York, PA	3.0	1.0	1060	$1,250	$1.18	22d	1	0.77mi
133 Stevens Ave York, PA	3.0	1.0	1200	$1,300	$1.08	45d	1	0.84mi
334 N Beaver St York, PA	3.0	1.0	1140	$1,050	$0.92	14d	1	0.86mi
289 Union St York, PA	4.0	1.0	1450	$1,600	$1.10	45d	1	0.87mi
446 Wallace St York, PA	3.0	1.0	1092	$1,295	$1.19	22d	1	0.90mi
113 Arch St York, PA	4.0	1.0	1188	$1,200	$1.01	14d	1	0.91mi
648 W College Ave York, PA	3.0	1.0	1100	$1,275	$1.16	45d	1	0.92mi
216 Park Pl York, PA	4.0	1.0	1192	$1,350	$1.13	14d	1	0.94mi
231 Roosevelt Ave York, PA	3.0	1.5	1584	$1,750	$1.10	14d	1	0.95mi
428 Smith St York, PA	3.0	1.0	1522	$1,350	$0.89	14d	1	0.96mi
30 N Franklin St York, PA	3.0	1.0	1400	$1,395	$1.00	45d	1	1.02mi
588 Company St York, PA	3.0	1.5	1416	$1,475	$1.04	45d	1	1.04mi
631 Wallace St Unit 631 York, PA	4.0	1.0	1545	$1,325	$0.86	14d	1	1.04mi
132 N West St York, PA	4.0	1.0	1560	$1,600	$1.03	14d	1	1.07mi
720 Chestnut St Apt 2 York, PA	4.0	1.0	1400	$1,300	$0.93	14d	1	1.16mi
925 W College Ave York, PA	4.0	1.0	1660	$1,425	$0.86	14d	1	1.19mi
450 Madison Ave York, PA	1.0–2.0	1.0	862	$1,250	$1.45	14d	1	1.20mi
40 N Tremont St #2 York, PA	3.0	1.0	900	$1,500	$1.67	45d	1	1.24mi
631 Roosevelt Ave Unit 2 York, PA	3.0	1.0	1170	$1,150	$0.98	14d	1	1.29mi
549 Lancaster Ave York, PA	3.0	1.0	1458	$1,875	$1.29	45d	1	1.31mi
720 Elm Ter York, PA	3.0	1.5	1200	$1,950	$1.62	22d	1	1.34mi
1027 E Market St Unit 2 York, PA	2.0	1.0	1145	$1,095	$0.96	14d	1	1.36mi
813 Madison Ave York, PA	2.0	1.5	1100	$1,175	$1.07	14d	1	1.37mi

Listing history 8 events

1. 2026-06-21
   days on market $94,900 Active 12 DOM
2. 2026-06-18
   days on market $94,900 Active 9 DOM
3. 2026-06-17
   days on market $94,900 Active 8 DOM
4. 2026-06-16
   days on market $94,900 Active 7 DOM
5. 2026-06-15
   days on market $94,900 Active 6 DOM
6. 2026-06-14
   days on market $94,900 Active 4 DOM
7. 2026-06-13
   days on market $94,900 Active 3 DOM
8. 2026-06-09
   listed $94,900 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: $1,802 · $150/mo
• Projected year-2 tax: $1,802 · $150/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 6/10 Major 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,857
• − Mortgage interest: −$5,316
• − Property taxes: −$1,802
• − Insurance: −$474
• − Repairs & maintenance: −$1,349
• − Management: −$1,349
• − Depreciation: −$2,761
• Taxable income: $3,807
• Est. tax owed @ 24.0%: −$914
• After-tax cash flow: $4,155/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: York City SD
• NCES district ID: 4226820
• Math proficiency: 4% ▼ -7.00%
• Reading proficiency: 16% ▼ -9.00%
• Median HH income: $29,470
• Composite: 7.61/100
• National rank: #9943
• State rank: #534 of 539 in PA

Livability — York

• Score: 75/100
• State rank: #427
• US rank: #3987

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: York, PA
• County: York County · 278,806 people
• City population: 184,764
• Metro: York-Hanover, PA
• Population (ZIP): 18,570
• Household income: $42,826
• Rent vs Own: 67.4% rent · 32.6% own
• Severe rent burden: 1360.0

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: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Hispanic / Latino 39% White 31% Black 24% Two or more races 15%
• Hispanic origin (detail): Mexican 5% Puerto Rican 22% Dominican 10%
• Common ancestry: Romanian 2% Hispanic 1% Italian 1%
• Foreign-born: 14% · Canada
• Languages at home: 72% English-only · Spanish 25% French/Haitian/Cajun 2%

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: ▼ -63.82%
• Current HPI: 323.5537
• Rent YoY: ▲ 6.37%
• 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

+849.0% since first listed

3 events — show timeline

• 2026-06-09 Listed $94,900 BRIGHT MLS
• 1997-06-13 Sold (Public Records) $10,000 Public Records
• 1990-01-03 Sold (Public Records) $10,000 Public Records

Property tax history

+0.7%/yr

Latest (2025): $1,802 · +0.9% YoY. Source: county tax records.