886-888 Highland · Enhaut, PA 17113

$259,900

5 bd · 4.0 ba · 3,180 sqft · MultiFamily public records · 2 Days on market

Built 1918 0.29 ac lot

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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
• Livability +3.8/5.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 4 units. estimate disagrees with records

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks MLS

4 units, each unit has a full bath, living room and eat-in kitchen. One unit has 3 BR the other three units have 2 BR's in each. Close to interstates, public transportation and entertainment.

Key facts

• 0.29 acre lot
• 2 parking spots
• Built 1918

Property features AI

Finance

• Other: Fee simple ownership
• Financial info: Total of 4 units (all currently leased); Gross rental income reported; Net operating income reported; Other operating expense recorded
• HOA & community: Maintenance expense recorded

Exterior

• Parking: Two off-street parking spaces; On-street parking available (total 2 garage/parking spaces recorded)
• Utilities: Public water; Public sewer
• Home design: Detached structure; Frame construction
• Construction: Frame construction; Permanent foundation; Above-grade and below-grade other structures
• Exterior features: Rear yard

Interior

• Kitchen: Refrigerator; Stove
• Bedrooms: Four 1-bedroom units (total of 2 one-bedroom units listed separately as 2); Two 2-bedroom units
• Heating & cooling: Baseboard electric heating; Other heating systems; Window air conditioning units (electric); Electric and natural gas heating fuel; Electric hot water
• Interior features: Outside entrance basement; Apartment rentals included in income

What this means for you Summary

Snapshot

• This is a 2×1bd/1ba + 2×2bd/1ba units multifamily listed at $260k.

Deal economics

• At list price, monthly cash flow is $2k ($25k/yr) — positive. Per door: $513/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $260k).

Location & tenants

• Location reads 76/100 on livability (#413 in PA, #3,775 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, health & safety A+; Watch: amenities F, commute F.
• Central Dauphin SD (suburban): math 30% / reading 52% proficiency, ranked #305 of 539 in PA (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Tri-Community El Sch (math 12% / reading 32%, grade F, #1,221 of 1,518 statewide, top 81%, 428 students, 100% FRL); Swatara Ms (math 13% / reading 34%, grade F, #424 of 512 statewide, top 83%, 539 students, 99% FRL); Central Dauphin Shs (math 71% / reading 24%, grade D, #164 of 437 statewide, top 38%, 1,975 students, 33% FRL) — zoned schools average 77% FRL vs 33% district-wide (44 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 68 active listings in the ZIP; 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).
• At $4,890/mo this rent would consume 86% of the median local household income ($68k/yr) (locally 338% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $73k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 20y 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 $28k; list at $260k implies a 828% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1918 — 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 $259,900

Questions for the listing agent

1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
3. Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.88% ✓
• Cap rate: 15.76%
• Cash-on-cash: 33.80%
• DSCR: 2.50
• GRM: 4.4

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: 29.1%
• Equity multiple: 2.22×
• Total profit: $88,535
• Equity at exit: $38,752

10-year hold

• IRR: 36.5%
• Equity multiple: 4.37×
• Total profit: $245,561
• Equity at exit: $22,471

Cash invested: $72,772 (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 17113

• Home prices YoY: -16.3%
• Active inventory: 68
• Price-to-rent: 18.0×

Monthly cashflow live

• Estimated rent: $4,890 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$342 /mo · $4,102/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,027
• Net cashflow: $2,050

Break-even live

Break-even rent $2,295

Max offer price $259,900

Occupancy floor 53%

Sensitivity live

Price	-10% $2,197	-5% $2,124	+0% $2,050	+5% $1,976	+10% $1,903
Rent	-10% $1,664	-5% $1,857	+0% $2,050	+5% $2,243	+10% $2,436
Rate	-1.0pp $2,181	-0.5pp $2,116	base $2,050	+0.5pp $1,983	+1.0pp $1,914

4-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	1	1	$2,408
▸ 2× units	2	1	$2,482
Total (4 units)			$4,890

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: $64,975
• Closing costs: $7,797
• Reserves months: —
• Total cash needed: —

Listing history 8 events

1. 2026-05-22
   listed $259,900 Active
2. 2026-05-21
   historical $259,900
3. 2015-08-12
   soldstatus $28,000 191-char remark

   Show marketing remark (191 chars)

   4 units, each unit has a full bath, living room and eat-in kitchen. One unit has 3 BR the other three units have 2 BR's in each. Close to interstates, public transportation and entertainment.

4. 2015-06-10
   historical 191-char remark

   Show marketing remark (191 chars)

   4 units, each unit has a full bath, living room and eat-in kitchen. One unit has 3 BR the other three units have 2 BR's in each. Close to interstates, public transportation and entertainment.

5. 2015-02-02
   listed $38,900 191-char remark

   Show marketing remark (191 chars)

   4 units, each unit has a full bath, living room and eat-in kitchen. One unit has 3 BR the other three units have 2 BR's in each. Close to interstates, public transportation and entertainment.

6. 2006-07-12
   soldstatus $111,000
7. 2006-06-29
   soldstatus $111,000 193-char remark

   Show marketing remark (193 chars)

   BANK OWNED DEAL! SOLID INVESTMENT. CONVENIENT LOCATION. NEEDS MINOR WORK FOR MAJOR PROFIT. AGENTS: See agent remarks for showing instructions and Associate Docs for Complete Offer Instructions.

8. 2006-05-24
   listed $109,900 193-char remark

   Show marketing remark (193 chars)

   BANK OWNED DEAL! SOLID INVESTMENT. CONVENIENT LOCATION. NEEDS MINOR WORK FOR MAJOR PROFIT. AGENTS: See agent remarks for showing instructions and Associate Docs for Complete Offer Instructions.

ⓘ 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: $4,102 · $342/mo
• Projected year-2 tax: $4,104 · $342/mo
• Expected delta: +$2/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 ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% 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: $58,680
• − Mortgage interest: −$14,558
• − Property taxes: −$4,102
• − Insurance: −$1,300
• − Repairs & maintenance: −$4,694
• − Management: −$4,694
• − Depreciation: −$7,561
• Taxable income: $21,770
• Est. tax owed @ 24.0%: −$5,225
• After-tax cash flow: $19,375/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: Central Dauphin SD
• NCES district ID: 4205400
• Math proficiency: 30% ▼ -12.00%
• Reading proficiency: 52% ▼ -7.00%
• Median HH income: $62,792
• Composite: 36.46/100
• National rank: #4664
• State rank: #305 of 539 in PA

Livability — Enhaut

• Score: 76/100
• State rank: #413
• US rank: #3775

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Enhaut, PA
• County: Dauphin County · 247,857 people
• Metro: Harrisburg-Carlisle, PA
• Population (ZIP): 11,724
• Household income: $68,244
• Rent vs Own: 37.6% rent · 62.4% own
• Severe rent burden: 338.0

Population outlook (Dauphin County) Hauer SSP2

• Today (2025): 281,628 people
• By 2030: 283,549 · +0.7%
• By 2040: 285,385 · +1.3%
• By 2050: 286,188 · +1.6%
• By 2075: 291,053 · +3.3%
• By 2100: 282,374 · +0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 48% Hispanic / Latino 24% Black 22% Two or more races 19% Native American 2% Asian 2%
• Hispanic origin (detail): Mexican 7% Puerto Rican 11% Cuban 2%
• Common ancestry: Romanian 1% Lithuanian 1% Iranian 1%
• Foreign-born: 7% · Canada, India
• Languages at home: 80% English-only · Spanish 17% Other Indo-European 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Dauphin

• 2024 margin: Lean D (+5.9) · D 52.4% · R 46.5% · Other 1.1%
• 2008→2024 swing: -3.1pp toward R · 2008: 9.1pp · 2024: 5.9pp
• All cycles: 2024: D+5.9 2020: D+8.5 2016: D+2.8 2012: D+6.0 2008: D+9.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -54.73%
• Current HPI: 281.6906
• Rent YoY: —
• Metro: Harrisburg-Carlisle, 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

+136.5% since first listed

8 events — show timeline

• 2026-05-22 Listed $259,900 BRIGHT MLS
• 2026-05-21 Coming Soon $259,900 BRIGHT MLS
• 2015-08-12 Sold (MLS) $28,000 BRIGHT MLS
• 2015-06-10 Listing Removed — BRIGHT MLS
• 2015-02-02 Listed $38,900 BRIGHT MLS
• 2006-07-12 Sold (Public Records) $111,000 Public Records
• 2006-06-29 Sold (MLS) $111,000 BRIGHT MLS
• 2006-05-24 Listed $109,900 BRIGHT MLS

Property tax history

+1.9%/yr

Latest (2026): $4,102 · +5.5% YoY. Source: county tax records.