917 Baltimore St · Penn, PA 17331

$124,995

2 bd · 1.5 ba · 1,020 sqft · SingleFamily public records · 17 Days on market

Built 1920 7,405 sqft lot Est $221k · 44% under

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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 +25.5/30.0
• ARV discount +15.0/15.0
• DSCR +8.4/10.0
• 1% rule +7.4/10.0
• Schools +4.2/10.0
• Rent growth +3.7/5.0
• Livability +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Short Sale. Buyer pays $6,000 loss mitigation fee. Enter at your own risk. ONE SHOWING WINDOW ONLY, SUNDAY MARCH 1, BETWEEN 1pm and 3pm.

Key facts

• Spacious yard
• Close to shopping
• 7,405 sq ft lot

Tags

• SPACIOUS YARD
• SOUTH WESTERN SCHOOL DISTRICT
• CLOSE TO SHOPPING
• EASY ACCESS TO AMENITIES

Property features AI

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public septic; Hot water supplied by natural gas
• Home design: Detached property; Above-grade finished area (estimated)
• Construction: Vinyl siding; Block foundation; Above-grade structures
• Exterior features: Not in a federal flood zone; No tidal water on the lot

Interior

• Bedrooms: One bedroom on the main level; Two bedrooms on the first upper level
• Bathrooms: One full bathroom (upper level); One half bathroom (main level)
• Heating & cooling: Forced air heating (natural gas); Window cooling units (electric)
• Interior features: Estimated living area; Unfinished basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $290 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $123k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 56/100 on livability (#1,637 in PA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime D+, schools F, amenities F.
• South Western SD (suburban): math 37% / reading 56% proficiency, ranked #206 of 539 in PA (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.7%/yr); 386 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,328 units permitted in York County in 2024 (338 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.7% rent growth), your $35k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 21y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $95k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1920 — 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 $123,120 (1.5% below list)

Questions for the listing agent

1. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.24% ✓
• Cap rate: 9.08%
• Cash-on-cash: 9.94%
• DSCR: 1.44
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $221,340
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
917 Baltimore St	0.00mi	3/1.5 (+1)	1,020 (0%)	2mo	$95,000	$93	94
9 Little Knoll Dr	0.22mi	3/2.5 (+1)	1,128 (+11%)	5mo	$310,000	$275	59
15 Wilmar Ave	0.47mi	2/2.0	998 (-2%)	18mo	$205,000	$205	58
522 S High St	0.71mi	3/1.0 (+1)	988 (-3%)	2mo	$244,900	$248	53
407 Wirt Ave	0.59mi	3/1.5 (+1)	1,092 (+7%)	10mo	$257,000	$235	47
402 Wirt Ave	0.61mi	2/1.0	1,092 (+7%)	13mo	$170,000	$156	47
400 Wirt Ave	0.61mi	3/1.0 (+1)	1,124 (+10%)	7mo	$255,000	$227	41
100 Lion Dr	0.69mi	3/1.0 (+1)	1,020 (0%)	24mo	$200,000	$196	41
9 Lafayette St	0.73mi	3/1.0 (+1)	1,104 (+8%)	10mo	$239,900	$217	37
12 Willow Ct	0.53mi	3/1.0 (+1)	941 (-8%)	22mo	$177,200	$188	37
541 S Franklin St	0.74mi	3/1.0 (+1)	1,124 (+10%)	6mo	$220,000	$196	36
20 Hill St	0.71mi	3/1.0 (+1)	1,140 (+12%)	14mo	$250,000	$219	28

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 · 4.67% rent growth · sell at horizon

5-year hold

• IRR: 0.7%
• Equity multiple: 1.03×
• Total profit: $923
• Equity at exit: $18,637

10-year hold

• IRR: 12.1%
• Equity multiple: 2.03×
• Total profit: $36,092
• Equity at exit: $10,807

Cash invested: $34,999 (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 17331

• Home prices YoY: -33.8%
• Rents YoY: 4.7%
• Active inventory: 386
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,550 high
• Mortgage (P&I): −$655
• Tax from tax record: −$227 /mo · $2,724/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$325
• Net cashflow: $290

Break-even live

Break-even rent $1,183

Max offer price $124,995

Occupancy floor 76%

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: $31,249
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1234 Baltimore St Unit 4 Hanover, PA	2.0	1.0	784	$475	$0.61	43d	1	0.62mi
101 Pacer Dr Unit K Hanover, PA	3.0	2.5	1252	$1,846	$1.47	43d	1	0.78mi
101 Pacer Dr Unit M Hanover, PA	3.0	2.5	1252	$1,751	$1.40	43d	1	0.78mi
101 Pacer Dr Unit L Hanover, PA	3.0	2.5	1252	$1,901	$1.52	13d	1	0.78mi
807 W Alvin St Unit 835 Hanover, PA	2.0	1.0	700	$1,000	$1.43	20d	1	1.13mi
807 W Alvin St Hanover, PA	1.0–2.0	1.0	625	$1,000	$1.60	13d	2	1.15mi
24 E Middle St Apt A Hanover, PA	1.0	1.0	700	$1,400	$2.00	13d	1	1.29mi
1004 Admiral Ln Apt 301 Hanover, PA	1.0	1.0	991	$1,657	$1.67	20d	1	1.43mi
1006 Admiral Ln Unit 101 Hanover, PA	1.0	1.0	847	$1,545	$1.82	43d	1	1.44mi
1014 Crew St Unit 303 Hanover, PA	1.0	1.0	924	$1,606	$1.74	20d	1	1.46mi
1001 Admiral Ln Unit 108 Hanover, PA	1.0	1.0	774	$1,571	$2.03	20d	1	1.48mi
1003 Admiral Ln Unit 204 Hanover, PA	2.0	2.0	1039	$1,749	$1.68	43d	1	1.48mi

Listing history 12 events

1. 2026-06-16
   days on market $124,995 Active 17 DOM
2. 2026-06-15
   days on market $124,995 Active 16 DOM
3. 2026-06-14
   days on market $124,995 Active 14 DOM
4. 2026-06-13
   days on market $124,995 Active 13 DOM
5. 2026-06-10
   pricedays on market $124,995 Active 11 DOM
6. 2026-06-09
   days on market $134,995 Active 10 DOM
7. 2026-06-08
   days on market $134,995 Active 9 DOM
8. 2026-06-07
   days on market $134,995 Active 8 DOM
9. 2026-06-02
   days on market $134,995 Active 3 DOM
10. 2026-06-01
    days on market $134,995 Active 2 DOM
11. 2026-05-31
    remarks 572-char remark
12. 2026-05-31
    listed $134,995 Active 1 DOM

ⓘ 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: $2,724 · $227/mo
• Projected year-2 tax: $2,724 · $227/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% 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: $18,599
• − Mortgage interest: −$7,002
• − Property taxes: −$2,724
• − Insurance: −$625
• − Repairs & maintenance: −$1,488
• − Management: −$1,488
• − Depreciation: −$3,636
• Taxable income: $1,637
• Est. tax owed @ 24.0%: −$393
• After-tax cash flow: $3,086/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: South Western SD
• NCES district ID: 4222470
• Math proficiency: 37% ▼ -16.00%
• Reading proficiency: 56% ▼ -11.00%
• Median HH income: $67,689
• Composite: 41.5/100
• National rank: #3456
• State rank: #206 of 539 in PA

Livability — Penn

• Score: 56/100
• State rank: #1637
• US rank: #22584

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Parkville, PA
• County: York County · 278,806 people
• Metro: York-Hanover, PA
• Population (ZIP): 56,443
• Household income: $79,488
• Rent vs Own: 23.6% rent · 76.4% own
• Severe rent burden: 1076.0

Population outlook (York County) Hauer SSP2

• Today (2025): 454,205 people
• By 2030: 457,407 · +0.7%
• By 2040: 457,529 · +0.7%
• By 2050: 448,261 · -1.3%
• By 2075: 427,388 · -5.9%
• By 2100: 384,218 · -15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 7% Two or more races 7% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · York

• 2024 margin: Strong R (+25.3) · D 36.9% · R 62.1%
• 2008→2024 swing: -11.7pp toward R · 2008: -13.6pp · 2024: -25.3pp
• All cycles: 2024: R+25.3 2020: R+24.6 2016: R+29.3 2012: R+21.2 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -128.48%
• Current HPI: 251.8974
• Rent YoY: ▲ 4.67%
• Metro: York-Hanover, 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

+132.8% since first listed

18 events — show timeline

• 2026-05-30 Listed $134,995 BRIGHT MLS
• 2026-05-05 Sold (MLS) $95,000 BRIGHT MLS
• 2026-03-03 Pending — BRIGHT MLS
• 2026-03-03 Price Changed $118,000 BRIGHT MLS
• 2026-02-18 Relisted — BRIGHT MLS
• 2026-02-17 Listing Removed — BRIGHT MLS
• 2026-02-17 Listed $99,900 BRIGHT MLS
• 2026-02-11 Listing Removed — BRIGHT MLS
• 2025-12-10 Price Changed $75,000 BRIGHT MLS
• 2025-12-10 Contingent — BRIGHT MLS
• 2025-10-14 Listed $225,000 BRIGHT MLS
• 2006-07-10 Sold (Public Records) $149,000 Public Records
• 2006-06-21 Sold (MLS) $149,900 BRIGHT MLS
• 2006-03-20 Listed $139,900 BRIGHT MLS
• 2005-09-19 Sold (Public Records) $58,000 Public Records
• 2005-09-16 Sold (MLS) $58,000 BRIGHT MLS
• 2005-09-01 Listing Removed — BRIGHT MLS
• 2005-08-29 Listed $58,000 BRIGHT MLS

Property tax history

+2.6%/yr

Latest (2025): $2,724 · +0.0% YoY. Source: county tax records.