15382 Raystown Rd · Marklesburg, PA 16657

$89,900

3 bd · 1.5 ba · 1,524 sqft · SingleFamily public records · 50 Days on market

9,583 sqft lot $59/sqft · 83% below area ↓ 10% since listing

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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
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• ARV discount +7.5/15.0
• Appreciation +5.6/10.0
• Schools +3.3/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Looking for your diamond in the rough? Maybe an affordable Lake property? Check this home out- located in the heart of historic Marklesburg and literal minutes to Aitch Boat Launch and also close to Seven Points and James Creek boat launch, this home has a large corner lot that is perfect for boat and camper parking plus additional carport. Inside needs some TLC but you can make this home your own.

Key facts

• Large corner lot
• Additional carport
• Lake property

Tags

• LAKE PROPERTY
• HISTORIC MARKLESBURG
• LARGE CORNER LOT
• BOAT AND CAMPER PARKING
• ADDITIONAL CARPORT

Property features AI

Finance

• Other: Located in the Marklesburg subdivision; Short-notice showings allowed

Exterior

• Parking: Detached garage; Off-street parking with driveway; Gravel parking areas; Open parking available
• Utilities: Private well water; Public sewer
• Home design: Single-family residence; Residential property
• Construction: Vinyl siding; Metal roof; Built as a single-story (above grade area 1,012); Has a basement
• Exterior features: Covered patio/porch; Has a view; Paved road access

Interior

• Kitchen: Other appliances
• Bathrooms: One full bathroom and one half bathroom
• Heating & cooling: Forced air heating (oil); No cooling
• Interior features: Other kitchen appliances included; Unfinished partial basement; No fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $395 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $87k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#1,274 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Huntingdon Area SD (town): math 32% / reading 47% proficiency, ranked #366 of 539 in PA (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Southside El Sch (math 47% / reading 57%, grade C-, #586 of 1,518 statewide, top 42%, 328 students, 46% FRL) — zoned schools at 46% FRL track the district average.
• Zoned-school proficiency averages 52% at this address vs 40% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the Huntingdon Area SD average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 30 active listings in the ZIP; 70 units permitted in Huntingdon County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($622 loan paydown + $1k appreciation (1.1% local appreciation)).
• Huntingdon County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (1.1% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.

Recommended offer $87,203 (3.0% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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: 1.37% ✓
• Cap rate: 11.56%
• Cash-on-cash: 18.82%
• DSCR: 1.84
• GRM: 6.1

CMA / ARV

• ARV (median comp): $356,850
• List price: $89,900
• Delta: -74.81%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

1.13% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.2%
• Equity multiple: 2.09×
• Total profit: $27,411
• Equity at exit: $31,319

10-year hold

• IRR: 24.0%
• Equity multiple: 3.93×
• Total profit: $73,832
• Equity at exit: $42,111

Cash invested: $25,172 (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 16657

• Home prices YoY: 1.1%
• Active inventory: 30
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,232 medium
• Mortgage (P&I): −$471
• Tax from tax record: −$70 /mo · $835/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$259
• Net cashflow: $395

Break-even live

Break-even rent $732

Max offer price $89,900

Occupancy floor 63%

Sensitivity live

Price	-10% $446	-5% $420	+0% $395	+5% $369	+10% $344
Rent	-10% $297	-5% $346	+0% $395	+5% $443	+10% $492
Rate	-1.0pp $440	-0.5pp $418	base $395	+0.5pp $372	+1.0pp $348

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-19
   days on market $89,900 Active 50 DOM
2. 2026-06-18
   days on market $89,900 Active 49 DOM
3. 2026-06-17
   days on market $89,900 Active 48 DOM
4. 2026-06-17
   price $89,900 Active 47 DOM
5. 2026-06-16
   days on market $99,900 Active 47 DOM
6. 2026-06-15
   days on market $99,900 Active 46 DOM
7. 2026-06-14
   days on market $99,900 Active 44 DOM
8. 2026-06-13
   days on market $99,900 Active 43 DOM
9. 2026-06-10
   days on market $99,900 Active 41 DOM
10. 2026-06-09
    days on market $99,900 Active 40 DOM
11. 2026-06-08
    days on market $99,900 Active 39 DOM
12. 2026-06-07
    days on market $99,900 Active 38 DOM
13. 2026-06-02
    days on market $99,900 Active 33 DOM
14. 2026-06-01
    days on market $99,900 Active 32 DOM
15. 2026-05-31
    days on market $99,900 Active 31 DOM
16. 2026-05-30
    days on market $99,900 Active 30 DOM
17. 2026-04-30
    listed $99,900 Active 401-char remark

ⓘ 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: $835 · $70/mo
• Projected year-2 tax: $1,128 · $94/mo
• Expected delta: +$293/yr (+$24/mo · 35.1%)

ⓘ 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 4/10 Moderate 7 d/yr ≥98°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,784
• − Mortgage interest: −$5,036
• − Property taxes: −$835
• − Insurance: −$450
• − Repairs & maintenance: −$1,183
• − Management: −$1,183
• − Depreciation: −$2,615
• Taxable income: $3,483
• Est. tax owed @ 24.0%: −$836
• After-tax cash flow: $3,902/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: Huntingdon Area SD
• NCES district ID: 4212090
• Math proficiency: 32% ▲ 1.00%
• Reading proficiency: 47% ▼ -4.00%
• Median HH income: $43,534
• Composite: 33.4/100
• National rank: #5478
• State rank: #366 of 539 in PA

Livability — Marklesburg

• Score: 63/100
• State rank: #1274
• US rank: #15389

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Marklesburg, PA
• Population (ZIP): 1,262

Population outlook (Huntingdon County) Hauer SSP2

• Today (2025): 44,212 people
• By 2030: 43,057 · -2.6%
• By 2040: 40,537 · -8.3%
• By 2050: 37,844 · -14.4%
• By 2075: 31,411 · -29.0%
• By 2100: 23,907 · -45.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Asian 3% Black 3% Hispanic / Latino 2%
• Common ancestry: Lithuanian 3% Slovak 3% Iranian 2%
• Foreign-born: 0%
• Languages at home: 98% English-only · German/W. Germanic 2%

Political lean MEDSL · Huntingdon

• 2024 margin: Solid R (+52.9) · D 23.2% · R 76.1%
• 2008→2024 swing: -25.4pp toward R · 2008: -27.5pp · 2024: -52.9pp
• All cycles: 2024: R+52.9 2020: R+51.0 2016: R+50.7 2012: R+37.4 2008: R+27.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.13%
• Current HPI: 100.1097
• 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

-10.0% since first listed

2 events — show timeline

• 2026-06-16 Price Changed $89,900 HCBR
• 2026-04-30 Listed $99,900 HCBR

Property tax history

+3.6%/yr

Latest (2026): $835 · +3.2% YoY. Source: county tax records.