334 Hemlock St · Rush, PA 16866

$115,900

3 bd · 1.0 ba · 1,420 sqft · Other public records · 230 Days on market

Built 1915 4,792 sqft lot $82/sqft · 37% below area Est $184k · 37% under

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Why this score? — see what drove the A 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
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• 1% rule +8.7/10.0
• Schools +3.9/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to 334 Hemlock Street, located in the charming south side of Philipsburg. This property features a cozy 0.11-acre fenced lot, ideal for children and pets to play safely. Inside, you will find three bedrooms and one bathroom. The home is equipped with a mini-split system, providing efficient heating and cooling year-round. Additionally, a pellet stove serves as a warm and rustic backup heat source, perfect for cozy evenings. Currently, the property is leased with an 18-month rental agreement set to conclude on June 30, 2027. The tenant is responsible for the monthly rent of $1,100 and any utility costs. Contact us to schedule your private showing and explore the possibilities at 334 Hemlock Street!

Key facts

• Fenced in
• Pellet stove
• Mini split system

Tags

• FENCED IN
• MINI SPLIT SYSTEM
• PELLET STOVE

🏷️ Possibly a rental listed for sale. The $115,900 price doesn't fit this home's estimated sale value (~$183,956) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $116k.

Deal economics

• At list price, monthly cash flow is $496 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $116k).
• Recommended offer: $102k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade A — affects rentability + tenant quality, not the cash-flow math above.
• Philipsburg-Osceola Area SD (town): math 42% / reading 52% proficiency, ranked #258 of 539 in PA (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 36 active listings in the ZIP; 399 units permitted in Centre County in 2024 (44 in 5+ unit buildings).

Forward outlook

• In year one you build about $12k of equity ($801 loan paydown + $12k appreciation (10.0% local appreciation)).
• Centre County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 230 days — a 12% lower offer ($102k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $101,992 (12.0% below list)

Questions for the listing agent

1. It's been on market 230 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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 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: 11.43%
• Cash-on-cash: 18.35%
• DSCR: 1.82
• GRM: 6.1

CMA / ARV

• ARV (median comp): $183,956
• List price: $115,900
• Delta: -37.00%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 37.9%
• Equity multiple: 3.92×
• Total profit: $94,729
• Equity at exit: $104,412

10-year hold

• IRR: 32.7%
• Equity multiple: 8.83×
• Total profit: $254,096
• Equity at exit: $225,168

Cash invested: $32,452 (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 16866

• Home prices YoY: 12.0%
• Active inventory: 36
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $1,586 medium
• Mortgage (P&I): −$608
• Tax from tax record: −$101 /mo · $1,207/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$333
• Net cashflow: $496

Break-even live

Break-even rent $958

Max offer price $115,900

Occupancy floor 64%

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: $28,975
• Closing costs: $3,477
• Reserves months: —
• Total cash needed: —

Listing history 15 events

1. 2026-06-18
   days on market $115,900 Active 230 DOM
2. 2026-06-17
   days on market $115,900 Active 229 DOM
3. 2026-06-16
   days on market $115,900 Active 228 DOM
4. 2026-06-15
   days on market $115,900 Active 227 DOM
5. 2026-06-13
   days on market $115,900 Active 225 DOM
6. 2026-06-12
   days on market $115,900 Active 224 DOM
7. 2026-06-09
   days on market $115,900 Active 221 DOM
8. 2026-06-08
   days on market $115,900 Active 220 DOM
9. 2026-06-08
   days on market $115,900 Active 219 DOM
10. 2026-06-07
    days on market $115,900 Active 218 DOM
11. 2026-06-04
    days on market $115,900 Active 215 DOM
12. 2026-06-02
    days on market $115,900 Active 214 DOM
13. 2026-06-01
    days on market $115,900 Active 213 DOM
14. 2026-05-31
    days on market $115,900 Active 212 DOM
15. 2025-10-31
    listed $115,900 Active 714-char remark

    Show marketing remark (714 chars)

    Welcome to 334 Hemlock Street, located in the charming south side of Philipsburg. This property features a cozy 0.11-acre fenced lot, ideal for children and pets to play safely. Inside, you will find three bedrooms and one bathroom. The home is equipped with a mini-split system, providing efficient heating and cooling year-round. Additionally, a pellet stove serves as a warm and rustic backup heat source, perfect for cozy evenings. Currently, the property is leased with an 18-month rental agreement set to conclude on June 30, 2027. The tenant is responsible for the monthly rent of $1,100 and any utility costs. Contact us to schedule your private showing and explore the possibilities at 334 Hemlock Street!

ⓘ 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: $1,207 · $101/mo
• Projected year-2 tax: $1,519 · $127/mo
• Expected delta: +$312/yr (+$26/mo · 25.8%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥89°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,033
• − Mortgage interest: −$6,492
• − Property taxes: −$1,207
• − Insurance: −$580
• − Repairs & maintenance: −$1,523
• − Management: −$1,523
• − Depreciation: −$3,372
• Taxable income: $4,337
• Est. tax owed @ 24.0%: −$1,041
• After-tax cash flow: $4,915/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: Philipsburg-Osceola Area SD
• NCES district ID: 4219020
• Math proficiency: 42% ▼ -9.00%
• Reading proficiency: 52% ▼ -10.00%
• Median HH income: $40,645
• Composite: 39.37/100
• National rank: #3977
• State rank: #258 of 539 in PA

Livability — Rush

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: South Philipsburg, PA
• Population (ZIP): 8,924

Population outlook (Centre County) Hauer SSP2

• Today (2025): 177,113 people
• By 2030: 185,138 · +4.5%
• By 2040: 196,009 · +10.7%
• By 2050: 205,070 · +15.8%
• By 2075: 217,575 · +22.8%
• By 2100: 230,649 · +30.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 6% Black 6% Two or more races 3%
• Hispanic origin (detail): Mexican 2% Dominican 1%
• Common ancestry: Romanian 7% Slovak 2% Polish 1%
• Foreign-born: 7% · Canada, Jamaica
• Languages at home: 92% English-only · Spanish 6%

Political lean MEDSL · Centre

• 2024 margin: Toss-up / Even · D 50.9% · R 48.1% · Other 1.0%
• 2008→2024 swing: -9.0pp toward R · 2008: 11.8pp · 2024: 2.8pp
• All cycles: 2024: D+2.8 2020: D+4.8 2016: D+1.9 2012: R+0.0 2008: D+11.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 30.47%
• Current HPI: 284.148
• 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

1 event — show timeline

• 2025-10-31 Listed $115,900 BRIGHT MLS

Property tax history

+2.2%/yr

Latest (2026): $1,207 · +3.7% YoY. Source: county tax records.