198 Conodoguinet Mobile Est · Newville, PA 17241

$54,900

2 bd · 2.0 ba · 1,216 sqft · Manufactured public records · 7 Days on market

Built 2003

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Extra large like new 2003 Castle 16x76 mobile in quiet country park. Large eat-in kitchen with built in china cabinets and oak cabinets. Spacious family room with vaulted ceiling. Gorgeous master suite with double closets and master bath with corner garden tub, double sink vanity and large shower. Lot rent includes water, sewer, and trash. Storage shed included.

Key facts

• Built 2003
• Listed 7 days

Property features AI

Finance

• Other: Not in a federal flood zone
• Financial info: Ownership on ground rent
• HOA & community: Ground rent $500 per month; Property manager present

Exterior

• Parking: Paved driveway; Off-street parking
• Utilities: Community water; Shared sewer; Electric service (100 amp); Electric hot water
• Home design: Manufactured single-wide home; Metal roof; Frame construction with vinyl siding; Slab foundation; Above-grade living space only; Located in Conodoguinet Mobile Estates
• Construction: Frame construction; Vinyl siding; Metal roof; Slab foundation; Manufactured structure
• Exterior features: Level lot; Porch(es)

Interior

• Kitchen: Gas oven/range; Dishwasher
• Bedrooms: Two main-level bedrooms
• Bathrooms: Two full bathrooms (both on main level)
• Heating & cooling: Forced air heating; Propane (leased) heating fuel; Central air conditioning; 100 amp electric service with circuit breakers
• Interior features: Eat-in kitchen; Storm door(s); No basement; 2+ access exits
• Laundry & utility: Laundry room; Electric hot water

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $55k.

Deal economics

• At list price, monthly cash flow is $769 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $55k).
• Cap rate 25.8% vs local median 4.7% in Newville — 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 71/100 on livability (#722 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.
• Big Spring SD (rural): math 39% / reading 62% proficiency, ranked #162 of 539 in PA (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Big Spring Ms (math 21% / reading 59%, grade F, #257 of 512 statewide, top 52%, 593 students, 44% FRL); Big Spring Hs (math 57% / reading 24%, grade F, #255 of 437 statewide, top 60%, 739 students, 33% FRL).
• Market conditions: 45 active listings in the ZIP; 1,052 units permitted in Cumberland County in 2024 (310 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Cumberland County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 18y 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.
• Current owner paid $32k; list at $55k implies a 72% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $54,900

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 2.90% ✓
• Cap rate: 25.84%
• Cash-on-cash: 69.83%
• DSCR: 4.11
• GRM: 2.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 58.9%
• Equity multiple: 3.61×
• Total profit: $40,189
• Equity at exit: $8,186

10-year hold

• IRR: 63.6%
• Equity multiple: 7.40×
• Total profit: $98,454
• Equity at exit: $4,747

Cash invested: $15,372 (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 17241

• Home prices YoY: -10.3%
• Active inventory: 45
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $1,592 medium
• Mortgage (P&I): −$288
• Tax from tax record: −$53 /mo · $632/yr
• Insurance: −$23
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$334
• Net cashflow: $769

Break-even live

Break-even rent $619

Max offer price $54,900

Occupancy floor 47%

Sensitivity live

Price	-10% $800	-5% $785	+0% $769	+5% $754	+10% $738
Rent	-10% $643	-5% $706	+0% $769	+5% $832	+10% $895
Rate	-1.0pp $797	-0.5pp $783	base $769	+0.5pp $755	+1.0pp $741

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: $13,725
• Closing costs: $1,647
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-05-15
   listed $54,900
2. 2026-05-15
   historical
3. 2012-04-27
   soldstatus $32,000 364-char remark

   Show marketing remark (364 chars)

   Extra large like new 2003 Castle 16x76 mobile in quiet country park. Large eat-in kitchen with built in china cabinets and oak cabinets. Spacious family room with vaulted ceiling. Gorgeous master suite with double closets and master bath with corner garden tub, double sink vanity and large shower. Lot rent includes water, sewer, and trash. Storage shed included.

4. 2012-01-26
   listed $36,000 364-char remark

   Show marketing remark (364 chars)

   Extra large like new 2003 Castle 16x76 mobile in quiet country park. Large eat-in kitchen with built in china cabinets and oak cabinets. Spacious family room with vaulted ceiling. Gorgeous master suite with double closets and master bath with corner garden tub, double sink vanity and large shower. Lot rent includes water, sewer, and trash. Storage shed included.

5. 2008-10-24
   soldstatus $36,000 426-char remark

   Show marketing remark (426 chars)

   Wow! Upscale, extra large SW located in a very desireable park. The home features a large eat-in kitchen with built-in china closets and oak cabinets. All appliances convey. Master bedroom w/ double closets and huge bath with corner garden tub, oversized shower and duel sink vanity. Second bedroom is equally as large and is located on the opposite end. Low lot rent includes water, sewer and trash. Utility shed w/ electric.

6. 2008-09-18
   listed $36,500 426-char remark

   Show marketing remark (426 chars)

   Wow! Upscale, extra large SW located in a very desireable park. The home features a large eat-in kitchen with built-in china closets and oak cabinets. All appliances convey. Master bedroom w/ double closets and huge bath with corner garden tub, oversized shower and duel sink vanity. Second bedroom is equally as large and is located on the opposite end. Low lot rent includes water, sewer and trash. Utility shed w/ electric.

ⓘ 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: $632 · $53/mo
• Projected year-2 tax: $750 · $62/mo
• Expected delta: +$118/yr (+$10/mo · 18.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone A · 66% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,108
• − Mortgage interest: −$3,075
• − Property taxes: −$632
• − Insurance: −$1,777
• − Repairs & maintenance: −$1,529
• − Management: −$1,529
• − Depreciation: −$1,597
• Taxable income: $8,969
• Est. tax owed @ 24.0%: −$2,153
• After-tax cash flow: $7,078/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: Big Spring SD
• NCES district ID: 4203660
• Math proficiency: 39% ▼ -12.00%
• Reading proficiency: 62% ▼ -6.00%
• Median HH income: $56,941
• Composite: 43.77/100
• National rank: #2942
• State rank: #162 of 539 in PA

Livability — Newville

• Score: 71/100
• State rank: #722
• US rank: #7158

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 11,094

Population outlook (Cumberland County) Hauer SSP2

• Today (2025): 267,950 people
• By 2030: 278,105 · +3.8%
• By 2040: 296,552 · +10.7%
• By 2050: 312,937 · +16.8%
• By 2075: 349,233 · +30.3%
• By 2100: 361,875 · +35.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Slovak 2% Romanian 2% Iranian 1%
• Foreign-born: 1%
• Languages at home: 95% English-only · German/W. Germanic 4% Spanish 1%

Political lean MEDSL · Cumberland

• 2024 margin: Lean R (+9.4) · D 44.6% · R 54.1% · Other 1.3%
• 2008→2024 swing: +4.2pp toward D · 2008: -13.6pp · 2024: -9.4pp
• All cycles: 2024: R+9.4 2020: R+10.6 2016: R+18.6 2012: R+18.5 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -32.92%
• Current HPI: 285.3994
• 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

+50.4% since first listed

6 events — show timeline

• 2026-05-15 Listing Removed — BRIGHT MLS
• 2026-05-15 Listed $54,900 BRIGHT MLS
• 2012-04-27 Sold (MLS) $32,000 BRIGHT MLS
• 2012-01-26 Listed $36,000 BRIGHT MLS
• 2008-10-24 Sold (MLS) $36,000 BRIGHT MLS
• 2008-09-18 Listed $36,500 BRIGHT MLS

Property tax history

+2.1%/yr

Latest (2026): $632 · +0.8% YoY. Source: county tax records.