708 Seminary St · Jersey Shore, PA 17740

$99,900

3 bd · 1.0 ba · 1,424 sqft · SingleFamily public records · 11 Days on market

Built 1902 4,356 sqft lot Est $168k · 41% under

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Why this score? — see what drove the C+ 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 +22.9/30.0
• ARV discount +15.0/15.0
• DSCR +7.4/10.0
• 1% rule +6.6/10.0
• Schools +4.3/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

No Flood Insurance Required! Whether you're looking for a place to call home or seeking a valuable addition to your investment portfolio, this charming 3-bedroom, 1.5-bath property in Jersey Shore deserves a closer look. Offering comfortable living spaces, functional layout, and plenty of potential, this home is well-suited for owner-occupants and investors alike. Conveniently located near local amenities, schools, and recreation, it presents an excellent opportunity to build equity or generate rental income. Don't miss your chance to make this property your next home or investment. This home is now active in an online auction. All offers must be submitted through the property's listing pag

Key facts

• 4,356 sq ft lot
• Built 1902
• Listed 10 days

Property features AI

Exterior

• Parking: No dedicated driveway/garage; Alley access
• Utilities: Public water; Electric with circuit breakers
• Home design: Residential property; Residential subtype
• Construction: Frame construction with vinyl siding; Block foundation; Metal roof; Built area approximately 1,424
• Exterior features: Porch; Shed(s); Level lot

Interior

• Kitchen: Dishwasher; Refrigerator; Range
• Flooring: Wood flooring; Vinyl flooring
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Oil hot water heating; No central air
• Interior features: Eat-in kitchen; 6 total rooms
• Laundry & utility: Main-level laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $120 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Cap rate 8.4% vs local median 3.0% in Jersey Shore — 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 (#490 in PA, #4,504 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment D-.
• Jersey Shore Area SD (town): math 41% / reading 59% proficiency, ranked #179 of 539 in PA (top 33%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 46 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 73 units permitted in Lycoming County in 2024 (15 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Lycoming County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1902 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $99,900

Questions for the listing agent

1. Built in 1902 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-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: 1.16% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.54%
• DSCR: 1.34
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $168,032
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
207 Calvert St	0.16mi	3/1.0	1,444 (+1%)	21mo	$144,700	$100	73
123 West St	0.54mi	3/1.0	1,436 (+1%)	2mo	$136,000	$95	72
318 Washington Ave	0.36mi	2/1.5 (-1)	1,382 (-3%)	3mo	$163,900	$119	69
505 Eden St	0.27mi	3/2.5	1,456 (+2%)	13mo	$196,000	$135	66
221 Wylie St	0.11mi	2/1.0 (-1)	1,254 (-12%)	13mo	$152,000	$121	59
240 Smith St	0.46mi	3/1.0	1,276 (-10%)	5mo	$130,000	$102	57
437 S Broad St	0.63mi	3/1.0	1,508 (+6%)	6mo	$160,000	$106	56
314 Smith St	0.41mi	3/1.0	1,504 (+6%)	22mo	$150,000	$100	53
312 Locust	0.52mi	3/1.5	1,305 (-8%)	11mo	$148,300	$114	50
307 Glover St	0.70mi	3/1.5	1,384 (-3%)	13mo	$206,900	$149	50
441 S Main St	0.73mi	3/1.0	1,564 (+10%)	3mo	$185,000	$118	47
340 Glover St	0.75mi	3/1.5	1,536 (+8%)	12mo	$194,900	$127	40

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: -8.2%
• Equity multiple: 0.70×
• Total profit: $-8,447
• Equity at exit: $14,895

10-year hold

• IRR: 1.4%
• Equity multiple: 1.10×
• Total profit: $2,844
• Equity at exit: $8,638

Cash invested: $27,972 (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 17740

• Home prices YoY: -7.6%
• Active inventory: 46
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,162 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$177 /mo · $2,120/yr
• Insurance: −$42
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$244
• Net cashflow: $120

Break-even live

Break-even rent $1,010

Max offer price $99,900

Occupancy floor 85%

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
509 Burke St Unit 511 Jersey Shore, PA	2.0	1.0	1000	$1,200	$1.20	44d	1	0.22mi
131 S Broad St Jersey Shore, PA	2.0	1.0	1172	$1,100	$0.94	44d	1	0.42mi

Listing history 9 events

1. 2026-06-19
   days on market $99,900 Active 11 DOM
2. 2026-06-18
   days on market $99,900 Active 10 DOM
3. 2026-06-17
   days on market $99,900 Active 9 DOM
4. 2026-06-16
   days on market $99,900 Active 8 DOM
5. 2026-06-15
   days on market $99,900 Active 7 DOM
6. 2026-06-14
   days on market $99,900 Active 5 DOM
7. 2026-06-12
   days on market $99,900 Active 4 DOM
8. 2026-06-09
   remarks 699-char remark
9. 2026-06-09
   listed $99,900 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: $2,120 · $177/mo
• Projected year-2 tax: $2,120 · $177/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 7/10 Severe FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,943
• − Mortgage interest: −$5,596
• − Property taxes: −$2,120
• − Insurance: −$1,166
• − Repairs & maintenance: −$1,115
• − Management: −$1,115
• − Depreciation: −$2,906
• Taxable loss: −$76
• Est. tax savings @ 24.0%: +$18
• After-tax cash flow: $1,461/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: Jersey Shore Area SD
• NCES district ID: 4212480
• Math proficiency: 41% ▼ -8.00%
• Reading proficiency: 59% ▼ -7.00%
• Median HH income: $50,019
• Composite: 42.72/100
• National rank: #3165
• State rank: #179 of 539 in PA

Livability — Jersey Shore

• Score: 74/100
• State rank: #490
• US rank: #4504

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jersey Shore, PA
• Population (ZIP): 11,600

Population outlook (Lycoming County) Hauer SSP2

• Today (2025): 114,164 people
• By 2030: 112,221 · -1.7%
• By 2040: 107,613 · -5.7%
• By 2050: 102,950 · -9.8%
• By 2075: 92,987 · -18.5%
• By 2100: 80,924 · -29.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 2%
• Common ancestry: Romanian 3% Slovak 2% Polish 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · German/W. Germanic 2%

Political lean MEDSL · Lycoming

• 2024 margin: Solid R (+41.5) · D 28.8% · R 70.3%
• 2008→2024 swing: -17.3pp toward R · 2008: -24.2pp · 2024: -41.5pp
• All cycles: 2024: R+41.5 2020: R+41.3 2016: R+44.8 2012: R+33.3 2008: R+24.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -18.78%
• Current HPI: 229.4555
• 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

+13.5% since first listed

2 events — show timeline

• 2026-06-05 Listed $99,900 WBVAR
• 2006-08-22 Sold (Public Records) $88,000 Public Records

Property tax history

+1.9%/yr

Latest (2026): $2,120 · +1.2% YoY. Source: county tax records.