307 W Patterson St · Lansford, PA 18232

$119,000

3 bd · 1.0 ba · 1,463 sqft · Townhouse public records · 27 Days on market

Built 1886 $81/sqft · 72% above area

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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 +25.0/30.0
• Appreciation +9.6/10.0
• DSCR +8.2/10.0
• ARV discount +7.5/15.0
• 1% rule +6.7/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

Welcome to a charming twin home in Lansford Borough that checks all the boxes for comfortable living. This home features a welcoming covered front porch that invites you to step into a bright living room. A large bay window fills the space with natural light and a mini-split heating and cooling system keeps you comfortable year-round. The living room flows into a spacious dining area, with under-stair storage, then into the eat-in kitchen, which offers ample cabinetry and a convenient laundry area just off the kitchen. A door off the laundry area leads to the backyard, providing easy outside access. Upstairs, you'll find three bedrooms with carpets recently replaced (2 years ago), for a fresh feel, including a bedroom with its own mini-split unit for added climate control. The bathroom features a walk-in shower and tile flooring. The fully finished attic with heat provides flexible space that can be used as an extra bedroom or a home office. Recently upgraded heating system and a radon mitigation system installed for your piece of mind. The property benefits from notably low taxes (under $2,000). This home offers long term value and won't last long. Don't miss your opportunity to make it yours.

Key facts

• Covered front porch
• Backyard access
• Under-stair storage

Tags

• COVERED FRONT PORCH
• LARGE BAY WINDOW
• UNDER-STAIR STORAGE
• EAT-IN KITCHEN
• LAUNDRY AREA
• BACKYARD ACCESS

Property features AI

Finance

• Other: Approximately 1,445 finished square feet above grade (assessor); Approximately 525 unfinished square feet below grade (estimated)
• HOA & community: Ground rent paid annually

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric service (standard)
• Home design: Semi-detached property; Fee simple ownership
• Construction: Vinyl siding; Asphalt and fiberglass roof; Concrete perimeter foundation; Built year (source: assessor)
• Exterior features: No tidal water

Interior

• Kitchen: Kitchen (appliances not specified)
• Bedrooms: Three bedrooms on the upper level
• Flooring: Carpet; Ceramic tile; Vinyl
• Bathrooms: One full bathroom
• Heating & cooling: Hot water heating (oil-fired); Ductless / mini-split cooling
• Interior features: Full basement; Attic
• Laundry & utility: Hot water supplied by oil

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $119k.

Deal economics

• At list price, monthly cash flow is $194 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $119k).
• Recommended offer: $117k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#605 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A-; Watch: amenities D, schools F, commute F.
• Panther Valley SD (rural): math 14% / reading 35% proficiency, ranked #477 of 539 in PA (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 34 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 180 units permitted in Carbon County in 2024 (10 in 5+ unit buildings).
• This rent runs 37% of the median local income ($45k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $12k of equity ($823 loan paydown + $11k appreciation (9.1% local appreciation)).
• Carbon County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (9.1% appreciation + 3.0% rent growth), your $33k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($117k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $84k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1886 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $117,215 (1.5% below list)

Questions for the listing agent

1. Built in 1886 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 1.17% ✓
• Cap rate: 8.92%
• Cash-on-cash: 9.37%
• DSCR: 1.42
• GRM: 7.1

CMA / ARV

• ARV (median comp): $68,412
• List price: $119,000
• Delta: 73.95%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
328 W Abbott St	0.15mi	4/1.5 (+1)	1,455 (-0%)	3mo	$127,000	$87	82
368 W Bertsch St	0.13mi	3/1.0	1,549 (+6%)	5mo	$23,000	$15	80
206 W Bertsch St	0.13mi	3/1.0	1,584 (+8%)	5mo	$172,500	$109	76
343 W Kline Ave	0.11mi	4/1.0 (+1)	1,394 (-5%)	8mo	$65,000	$47	76
108 W Bertsch St	0.21mi	4/2.0 (+1)	1,508 (+3%)	5mo	$115,000	$76	72
306 W Kline Ave	0.11mi	4/1.5 (+1)	1,312 (-10%)	4mo	$115,000	$88	67
120 W Abbott St	0.25mi	3/1.0	1,287 (-12%)	7mo	$120,000	$93	62
253 E Abbott	0.65mi	3/2.0	1,370 (-6%)	4mo	$165,000	$120	52
234 E Patterson St	0.59mi	4/2.0 (+1)	1,581 (+8%)	1mo	$188,000	$119	49
260 E Abbott St	0.65mi	3/1.0	1,253 (-14%)	4mo	$62,000	$49	42
307 E Abbott St	0.69mi	3/1.5	1,640 (+12%)	4mo	$60,000	$37	42
262 E Kline Ave	0.65mi	3/1.0	1,665 (+14%)	8mo	$50,000	$30	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

9.12% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.6%
• Equity multiple: 3.10×
• Total profit: $70,102
• Equity at exit: $99,628

10-year hold

• IRR: 24.4%
• Equity multiple: 6.86×
• Total profit: $195,362
• Equity at exit: $207,269

Cash invested: $33,320 (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 18232

• Home prices YoY: 3.6%
• Active inventory: 34
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,391 high
• Mortgage (P&I): −$624
• Tax from tax record: −$165 /mo · $1,977/yr
• Insurance: −$50
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $194

Break-even live

Break-even rent $1,145

Max offer price $119,000

Occupancy floor 81%

Sensitivity live

Price	-10% $261	-5% $227	+0% $194	+5% $160	+10% $126
Rent	-10% $84	-5% $139	+0% $194	+5% $249	+10% $304
Rate	-1.0pp $254	-0.5pp $224	base $194	+0.5pp $163	+1.0pp $132

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: $29,750
• Closing costs: $3,570
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
149 W Ridge St Unit 1B Lansford, PA	3.0	1.0	1654	$1,500	$0.91	20d	1	0.18mi
149 W Ridge St Unit 3A Lansford, PA	3.0	1.0	1550	$1,650	$1.06	44d	1	0.18mi
149 W Ridge St Unit 1A Lansford, PA	2.0	1.0	930	$1,350	$1.45	24d	1	0.18mi
149 W Ridge St Unit 2b Lansford, PA	2.0	1.0	875	$1,325	$1.51	24d	1	0.18mi
317 E Bertsch St Unit 1 Lansford, PA	2.0	1.0	1650	$1,400	$0.85	44d	1	0.71mi
323 E Bertsch St Unit A-1 Lansford, PA	2.0	1.0	1250	$1,450	$1.16	44d	1	0.72mi
215 E High St Coaldale, PA	3.0	1.0	1000	$1,000	$1.00	22d	1	0.76mi
151 E High St Coaldale, PA	3.0	1.0	1312	$1,200	$0.91	44d	1	0.80mi
126 E High St Coaldale, PA	4.0	1.5	1000	$1,200	$1.20	15d	1	0.84mi
10 Leisenring St Lansford, PA	3.0	1.0	1422	$1,100	$0.77	44d	1	0.93mi
546 E Kline Ave Lansford, PA	3.0	1.0	1000	$900	$0.90	3d	1	0.94mi
7 E Phillips St Coaldale, PA	2.0	1.0	950	$1,050	$1.11	24d	1	0.96mi
214 N Oak St Unit 2 Summit Hill, PA	3.0	1.0	940	$1,200	$1.28	3d	1	1.10mi
214 N Oak St Unit 2 Summit Hill, PA	3.0	1.0	940	$1,250	$1.33	20d	1	1.10mi
214 N Oak St Unit 2 Summit Hill, PA	3.0	1.0	940	$1,250	$1.33	44d	1	1.10mi
214 N Oak St Summit Hill, PA	3.0	1.0	940	$1,250	$1.33	3d	1	1.10mi

Listing history 5 events

1. 2026-05-01
   listed $119,000 Active 1213-char remark

   Show marketing remark (1213 chars)

   Welcome to a charming twin home in Lansford Borough that checks all the boxes for comfortable living. This home features a welcoming covered front porch that invites you to step into a bright living room. A large bay window fills the space with natural light and a mini-split heating and cooling system keeps you comfortable year-round. The living room flows into a spacious dining area, with under-stair storage, then into the eat-in kitchen, which offers ample cabinetry and a convenient laundry area just off the kitchen. A door off the laundry area leads to the backyard, providing easy outside access. Upstairs, you'll find three bedrooms with carpets recently replaced (2 years ago), for a fresh feel, including a bedroom with its own mini-split unit for added climate control. The bathroom features a walk-in shower and tile flooring. The fully finished attic with heat provides flexible space that can be used as an extra bedroom or a home office. Recently upgraded heating system and a radon mitigation system installed for your piece of mind. The property benefits from notably low taxes (under $2,000). This home offers long term value and won't last long. Don't miss your opportunity to make it yours.

2. 2026-05-01
   listed $119,000 Active 1213-char remark

   Show marketing remark (1213 chars)

   Welcome to a charming twin home in Lansford Borough that checks all the boxes for comfortable living. This home features a welcoming covered front porch that invites you to step into a bright living room. A large bay window fills the space with natural light and a mini-split heating and cooling system keeps you comfortable year-round. The living room flows into a spacious dining area, with under-stair storage, then into the eat-in kitchen, which offers ample cabinetry and a convenient laundry area just off the kitchen. A door off the laundry area leads to the backyard, providing easy outside access. Upstairs, you'll find three bedrooms with carpets recently replaced (2 years ago), for a fresh feel, including a bedroom with its own mini-split unit for added climate control. The bathroom features a walk-in shower and tile flooring. The fully finished attic with heat provides flexible space that can be used as an extra bedroom or a home office. Recently upgraded heating system and a radon mitigation system installed for your piece of mind. The property benefits from notably low taxes (under $2,000). This home offers long term value and won't last long. Don't miss your opportunity to make it yours.

3. 2024-02-28
   soldstatus $83,500
4. 2023-06-02
   soldstatus $25,000
5. 2017-10-31
   soldstatus $20,000

ⓘ 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: $1,977 · $165/mo
• Projected year-2 tax: $1,977 · $165/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 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥94°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 8% 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: $16,688
• − Mortgage interest: −$6,666
• − Property taxes: −$1,977
• − Insurance: −$1,392
• − Repairs & maintenance: −$1,335
• − Management: −$1,335
• − Depreciation: −$3,462
• Taxable income: $521
• Est. tax owed @ 24.0%: −$125
• After-tax cash flow: $2,200/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: Panther Valley SD
• NCES district ID: 4218450
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 35% ▼ -14.00%
• Median HH income: $36,914
• Composite: 20.31/100
• National rank: #8613
• State rank: #477 of 539 in PA

Livability — Lansford

• Score: 72/100
• State rank: #605
• US rank: #5834

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lansford, PA
• County: Carbon County · 13,404 people
• City population: 4,156
• Metro: Allentown-Bethlehem-Easton, PA-NJ
• Population (ZIP): 4,156
• Household income: $44,713
• Rent vs Own: 48.0% rent · 52.0% own
• Severe rent burden: 123.0

Population outlook (Carbon County) Hauer SSP2

• Today (2025): 61,643 people
• By 2030: 59,840 · -2.9%
• By 2040: 55,413 · -10.1%
• By 2050: 50,843 · -17.5%
• By 2075: 43,326 · -29.7%
• By 2100: 37,126 · -39.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 64% Hispanic / Latino 17% Black 11% Two or more races 11% Native American 4%
• Hispanic origin (detail): Puerto Rican 5%
• Common ancestry: Romanian 4% Polish 2% Iranian 2%
• Foreign-born: 7% · Canada, Jamaica, South Korea
• Languages at home: 89% English-only · Spanish 10%

Political lean MEDSL · Carbon

• 2024 margin: Solid R (+34.8) · D 32.2% · R 67.0%
• 2008→2024 swing: -36.7pp toward R · 2008: 1.9pp · 2024: -34.8pp
• All cycles: 2024: R+34.8 2020: R+32.0 2016: R+34.1 2012: R+6.9 2008: D+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.12%
• Current HPI: 262.3396
• Rent YoY: —
• 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

+495.0% since first listed

7 events — show timeline

• 2026-05-28 Pending — BRIGHT MLS
• 2026-05-21 Pending — GLVRMLS
• 2026-05-01 Listed $119,000 GLVRMLS
• 2026-05-01 Listed $119,000 BRIGHT MLS
• 2024-02-28 Sold (Public Records) $83,500 Public Records
• 2023-06-02 Sold (Public Records) $25,000 Public Records
• 2017-10-31 Sold (Public Records) $20,000 Public Records

Property tax history

+6.0%/yr

Latest (2026): $1,977 · +2.4% YoY. Source: county tax records.