46 Golden Pond · Akron, NY 14001

$41,900

2 bd · 1.0 ba · 897 sqft · Manufactured public records · 184 Days on market

Built 1987 $47/sqft · 33% below area Est $63k · 33% under ↓ 24% 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.9/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming and well-cared-for 1987 Burlington single-wide mobile home features 2 bedrooms and 1 full bath with a walk-in shower. The open living area offers a cozy wood-burning fireplace, perfect for chilly evenings and flows nicely into the enclosed Florida room, adding extra space for relaxing and entertaining. Bright and functional kitchen, comfortable bedrooms, and single-level convenience make this home ideal for downsizing, first-time buyers, or anyone seeking an affordable, low-maintenance lifestyle. Located in a friendly and well-kept community, this home is full of warmth and character.

Key facts

• Functional kitchen
• Garage
• Built 1987

Tags

• WOOD-BURNING FIREPLACE
• ENCLOSED FLORIDA ROOM
• FUNCTIONAL KITCHEN

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $42k.

Deal economics

• At list price, monthly cash flow is $458 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($900 rent vs $42k).
• Recommended offer: $37k (12.0% below list) — sets the bar for market timing.
• Cap rate 19.4% vs local median 2.4% in Akron — 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 74/100 on livability (#297 in NY, #4,809 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, crime A; Watch: employment D+, amenities F, commute F.
• Akron Central School District (town): math 56% / reading 58% proficiency, ranked #272 of 590 in NY (top 46%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Akron Elementary School (math 47% / reading 57%, grade C-, #988 of 2,108 statewide, top 49%, 562 students, 42% FRL); Akron Middle School (math 37% / reading 57%, grade D+, #315 of 729 statewide, top 45%, 280 students, 44% FRL); Akron High School (math 98% / reading 90%, grade A+, #124 of 1,100 statewide, top 12%, 414 students, 41% FRL).
• Market conditions: 85 active listings in the ZIP; 1,244 units permitted in Erie County in 2024 (563 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $290 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $12k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 184 days — a 12% lower offer ($37k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $13k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $36,872 (12.0% below list)

Questions for the listing agent

1. It's been on market 184 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 2.15% ✓
• Cap rate: 19.42%
• Cash-on-cash: 46.87%
• DSCR: 3.09
• GRM: 3.9

CMA / ARV

• ARV (median comp): $62,750
• List price: $41,900
• Delta: -33.23%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15 Golden Pond	0.29mi	2/1.0	975 (+9%)	14mo	$50,000	$51	60

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 44.2%
• Equity multiple: 2.91×
• Total profit: $22,389
• Equity at exit: $6,247

10-year hold

• IRR: 50.1%
• Equity multiple: 5.86×
• Total profit: $57,042
• Equity at exit: $3,623

Cash invested: $11,732 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 14001

• Home prices YoY: -7.1%
• Active inventory: 85
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $900 medium
• Mortgage (P&I): −$220
• Tax from tax record: −$15 /mo · $186/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$189
• Net cashflow: $458

Break-even live

Break-even rent $320

Max offer price $41,900

Occupancy floor 44%

Sensitivity live

Price	-10% $482	-5% $470	+0% $458	+5% $446	+10% $435
Rent	-10% $387	-5% $423	+0% $458	+5% $494	+10% $529
Rate	-1.0pp $479	-0.5pp $469	base $458	+0.5pp $447	+1.0pp $436

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: $10,475
• Closing costs: $1,257
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-05-12
   status Pending 600-char remark

   Show marketing remark (600 chars)

   Charming and well-cared-for 1987 Burlington single-wide mobile home features 2 bedrooms and 1 full bath with a walk-in shower. The open living area offers a cozy wood-burning fireplace, perfect for chilly evenings and flows nicely into the enclosed Florida room, adding extra space for relaxing and entertaining. Bright and functional kitchen, comfortable bedrooms, and single-level convenience make this home ideal for downsizing, first-time buyers, or anyone seeking an affordable, low-maintenance lifestyle. Located in a friendly and well-kept community, this home is full of warmth and character.

2. 2026-03-11
   price $41,900 600-char remark

   Show marketing remark (600 chars)

   Charming and well-cared-for 1987 Burlington single-wide mobile home features 2 bedrooms and 1 full bath with a walk-in shower. The open living area offers a cozy wood-burning fireplace, perfect for chilly evenings and flows nicely into the enclosed Florida room, adding extra space for relaxing and entertaining. Bright and functional kitchen, comfortable bedrooms, and single-level convenience make this home ideal for downsizing, first-time buyers, or anyone seeking an affordable, low-maintenance lifestyle. Located in a friendly and well-kept community, this home is full of warmth and character.

3. 2026-02-19
   status Active 600-char remark

   Show marketing remark (600 chars)

   Charming and well-cared-for 1987 Burlington single-wide mobile home features 2 bedrooms and 1 full bath with a walk-in shower. The open living area offers a cozy wood-burning fireplace, perfect for chilly evenings and flows nicely into the enclosed Florida room, adding extra space for relaxing and entertaining. Bright and functional kitchen, comfortable bedrooms, and single-level convenience make this home ideal for downsizing, first-time buyers, or anyone seeking an affordable, low-maintenance lifestyle. Located in a friendly and well-kept community, this home is full of warmth and character.

4. 2026-02-04
   status Pending 600-char remark

   Show marketing remark (600 chars)

   Charming and well-cared-for 1987 Burlington single-wide mobile home features 2 bedrooms and 1 full bath with a walk-in shower. The open living area offers a cozy wood-burning fireplace, perfect for chilly evenings and flows nicely into the enclosed Florida room, adding extra space for relaxing and entertaining. Bright and functional kitchen, comfortable bedrooms, and single-level convenience make this home ideal for downsizing, first-time buyers, or anyone seeking an affordable, low-maintenance lifestyle. Located in a friendly and well-kept community, this home is full of warmth and character.

5. 2025-11-12
   price $44,900 600-char remark

   Show marketing remark (600 chars)

   Charming and well-cared-for 1987 Burlington single-wide mobile home features 2 bedrooms and 1 full bath with a walk-in shower. The open living area offers a cozy wood-burning fireplace, perfect for chilly evenings and flows nicely into the enclosed Florida room, adding extra space for relaxing and entertaining. Bright and functional kitchen, comfortable bedrooms, and single-level convenience make this home ideal for downsizing, first-time buyers, or anyone seeking an affordable, low-maintenance lifestyle. Located in a friendly and well-kept community, this home is full of warmth and character.

6. 2025-10-23
   listed $55,000 Active 600-char remark

   Show marketing remark (600 chars)

   Charming and well-cared-for 1987 Burlington single-wide mobile home features 2 bedrooms and 1 full bath with a walk-in shower. The open living area offers a cozy wood-burning fireplace, perfect for chilly evenings and flows nicely into the enclosed Florida room, adding extra space for relaxing and entertaining. Bright and functional kitchen, comfortable bedrooms, and single-level convenience make this home ideal for downsizing, first-time buyers, or anyone seeking an affordable, low-maintenance lifestyle. Located in a friendly and well-kept community, this home is full of warmth and character.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $186 · $15/mo
• Projected year-2 tax: $447 · $37/mo
• Expected delta: +$261/yr (+$22/mo · 140.8%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥94°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,799
• − Mortgage interest: −$2,347
• − Property taxes: −$186
• − Insurance: −$210
• − Repairs & maintenance: −$864
• − Management: −$864
• − Depreciation: −$1,219
• Taxable income: $5,110
• Est. tax owed @ 24.0%: −$1,226
• After-tax cash flow: $4,273/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: Akron Central School District
• NCES district ID: 3602430
• Math proficiency: 56% ▼ -13.00%
• Reading proficiency: 58% ▼ -1.00%
• Median HH income: $56,769
• Composite: 49.23/100
• National rank: #2035
• State rank: #272 of 590 in NY

Livability — Akron

• Score: 74/100
• State rank: #297
• US rank: #4809

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 9,122

Population outlook (Erie County) Hauer SSP2

• Today (2025): 933,037 people
• By 2030: 935,181 · +0.2%
• By 2040: 928,531 · -0.5%
• By 2050: 905,725 · -2.9%
• By 2075: 834,037 · -10.6%
• By 2100: 708,033 · -24.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Hispanic / Latino 5% Two or more races 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Dominican 2%
• Common ancestry: Romanian 21% Slovak 3% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Erie

• 2024 margin: Lean D (+9.7) · D 54.8% · R 45.2%
• 2008→2024 swing: -7.9pp toward R · 2008: 17.5pp · 2024: 9.7pp
• All cycles: 2024: D+9.7 2020: D+14.7 2016: D+4.8 2012: D+15.6 2008: D+17.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -24.68%
• Current HPI: 322.1897
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

-23.8% since first listed

6 events — show timeline

• 2026-05-12 Pending — WNYREIS
• 2026-03-11 Price Changed $41,900 WNYREIS
• 2026-02-19 Relisted — WNYREIS
• 2026-02-04 Pending — WNYREIS
• 2025-11-12 Price Changed $44,900 WNYREIS
• 2025-10-23 Listed $55,000 WNYREIS

Property tax history

+3.3%/yr

Latest (2025): $186 · +26.9% YoY. Source: county tax records.