309 E Erie St · Linesville, PA 16424

$127,000

4 bd · 1.0 ba · 1,570 sqft · SingleFamily · 29 Days on market

Built 1920 0.26 ac lot Est $170k · 25% 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 +27.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.6/10.0
• Appreciation +9.2/10.0
• 1% rule +7.4/10.0
• Schools +4.0/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Move in ready home with 3 could be 4 bed or office / 1 bath with nice size yard, large 3 season room with new metal roof & wood ceiling, deck, front porch, insulated garage with small work shop attached, formal dining area, with brick area ready for fireplace(or pinterest ideas)newer windows, new furnace, dining & living room flooring, upstairs carpet, wiring, drywall, all home new insulation, host original beautiful woodwork, pocket doors. This home has lot to offer. Call today!

Key facts

• Expansive kitchen
• Pocket doors
• Deep lot

Tags

• TWO STORY HOME
• EXPANSIVE KITCHEN
• POCKET DOORS
• SUNROOM
• DEEP LOT

Property features AI

Exterior

• Parking: Detached 1-car garage
• Security: Fire alarm
• Utilities: Public water; Public sewer; Cable available
• Home design: Single-family residence; Two levels
• Construction: Vinyl siding; Asphalt roof
• Exterior features: Deck; Porch; Paved road; Sidewalks

Interior

• Kitchen: Gas oven; Gas range; Refrigerator
• Flooring: Carpet; Laminate; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating
• Interior features: Pellet stove; Full unfinished basement; 10 total rooms

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $127k.

Deal economics

• At list price, monthly cash flow is $370 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $127k).
• Recommended offer: $125k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 69/100 on livability (#836 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, health & safety D, amenities F.
• Conneaut SD (rural): math 38% / reading 57% proficiency, ranked #241 of 539 in PA (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 53 active listings in the ZIP; 83 units permitted in Crawford County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $12k of equity ($878 loan paydown + $11k appreciation (8.5% local appreciation)).
• Crawford County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (8.5% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($125k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $68k; list at $127k implies a 87% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $125,095 (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 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?
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: 1.24% ✓
• Cap rate: 9.79%
• Cash-on-cash: 12.50%
• DSCR: 1.56
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $169,560
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
118 E Erie St	0.19mi	3/2.5 (-1)	1,492 (-5%)	2mo	$195,000	$131	70
126 E Erie St	0.15mi	3/2.0 (-1)	1,414 (-10%)	2mo	$130,000	$92	66
146 S Church St	0.61mi	4/2.0	1,632 (+4%)	8mo	$221,700	$136	54
127 S Pymatuning St	0.27mi	3/1.5 (-1)	1,396 (-11%)	12mo	$195,000	$140	52
115 S Water St	0.13mi	4/2.5	1,788 (+14%)	18mo	$169,900	$95	50
135 N Church St	0.57mi	4/2.0	1,768 (+13%)	19mo	$155,000	$88	33
574 Penn St	0.73mi	3/1.5 (-1)	1,408 (-10%)	14mo	$152,000	$108	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

8.48% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 30.6%
• Equity multiple: 3.25×
• Total profit: $79,898
• Equity at exit: $100,702

10-year hold

• IRR: 27.1%
• Equity multiple: 7.03×
• Total profit: $214,603
• Equity at exit: $204,055

Cash invested: $35,560 (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 16424

• Home prices YoY: 3.2%
• Active inventory: 53
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,574 medium
• Mortgage (P&I): −$666
• Tax from tax record: −$154 /mo · $1,848/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$331
• Net cashflow: $370

Break-even live

Break-even rent $1,105

Max offer price $127,000

Occupancy floor 71%

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: $31,750
• Closing costs: $3,810
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-19
   days on market $127,000 Active 29 DOM
2. 2026-06-18
   days on market $127,000 Active 28 DOM
3. 2026-06-17
   days on market $127,000 Active 27 DOM
4. 2026-06-16
   days on market $127,000 Active 26 DOM
5. 2026-06-15
   days on market $127,000 Active 25 DOM
6. 2026-06-14
   days on market $127,000 Active 23 DOM
7. 2026-06-12
   days on market $127,000 Active 22 DOM
8. 2026-06-09
   days on market $127,000 Active 19 DOM
9. 2026-06-08
   days on market $127,000 Active 18 DOM
10. 2026-06-07
    days on market $127,000 Active 17 DOM
11. 2026-06-07
    days on market $127,000 Active 16 DOM
12. 2026-06-03
    days on market $127,000 Active 13 DOM
13. 2026-06-02
    days on market $127,000 Active 12 DOM
14. 2026-06-01
    days on market $127,000 Active 11 DOM
15. 2026-05-31
    days on market $127,000 Active 10 DOM
16. 2026-05-30
    days on market $127,000 Active 9 DOM
17. 2026-05-20
    listed $127,000 Active
18. 2018-05-18
    soldstatus $68,000
19. 2018-05-16
    soldstatus $68,000 496-char remark

    Show marketing remark (496 chars)

    Move in ready home with 3 could be 4 bed or office / 1 bath with nice size yard, large 3 season room with new metal roof & wood ceiling, deck, front porch, insulated garage with small work shop attached, formal dining area, with brick area ready for fireplace(or pinterest ideas)newer windows, new furnace, dining & living room flooring, upstairs carpet, wiring, drywall, all home new insulation, host original beautiful woodwork, pocket doors. This home has lot to offer. Call today!

20. 2018-02-05
    listed $68,000 496-char remark

    Show marketing remark (496 chars)

    Move in ready home with 3 could be 4 bed or office / 1 bath with nice size yard, large 3 season room with new metal roof & wood ceiling, deck, front porch, insulated garage with small work shop attached, formal dining area, with brick area ready for fireplace(or pinterest ideas)newer windows, new furnace, dining & living room flooring, upstairs carpet, wiring, drywall, all home new insulation, host original beautiful woodwork, pocket doors. This home has lot to offer. Call today!

21. 2014-09-29
    soldstatus $46,000
22. 2014-09-26
    soldstatus $46,000 220-char remark

    Show marketing remark (220 chars)

    Traditional Two Story in town home. Walking distance to Down Town. All Spacious Rooms. Beautiful Woodwork. Enclosed Porch. Rear Deck for Entertaining. Garage also has a small work-shop for those around the home projects.

23. 2013-11-24
    listed $48,900 220-char remark

    Show marketing remark (220 chars)

    Traditional Two Story in town home. Walking distance to Down Town. All Spacious Rooms. Beautiful Woodwork. Enclosed Porch. Rear Deck for Entertaining. Garage also has a small work-shop for those around the home projects.

ⓘ 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: $1,848 · $154/mo
• Projected year-2 tax: $1,927 · $161/mo
• Expected delta: +$80/yr (+$7/mo · 4.3%)

ⓘ 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 2/10 Low 7 d/yr ≥94°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,886
• − Mortgage interest: −$7,114
• − Property taxes: −$1,848
• − Insurance: −$635
• − Repairs & maintenance: −$1,511
• − Management: −$1,511
• − Depreciation: −$3,695
• Taxable income: $2,574
• Est. tax owed @ 24.0%: −$618
• After-tax cash flow: $3,828/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: Conneaut SD
• NCES district ID: 4206590
• Math proficiency: 38% ▼ -7.00%
• Reading proficiency: 57% ▼ -7.00%
• Median HH income: $43,946
• Composite: 40.06/100
• National rank: #3813
• State rank: #241 of 539 in PA

Livability — Linesville

• Score: 69/100
• State rank: #836
• US rank: #8776

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Linesville, PA
• Population (ZIP): 4,328

Population outlook (Crawford County) Hauer SSP2

• Today (2025): 81,399 people
• By 2030: 77,977 · -4.2%
• By 2040: 70,659 · -13.2%
• By 2050: 63,841 · -21.6%
• By 2075: 50,198 · -38.3%
• By 2100: 37,898 · -53.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Romanian 4% Lithuanian 2% Slovak 2%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · German/W. Germanic 3% Spanish 1%

Political lean MEDSL · Crawford

• 2024 margin: Solid R (+39.2) · D 30.0% · R 69.2%
• 2008→2024 swing: -28.8pp toward R · 2008: -10.4pp · 2024: -39.2pp
• All cycles: 2024: R+39.2 2020: R+37.2 2016: R+38.5 2012: R+19.6 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.48%
• Current HPI: 276.8388
• 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

+159.7% since first listed

7 events — show timeline

• 2026-05-20 Listed $127,000 GEBOR
• 2018-05-18 Sold (Public Records) $68,000 Public Records
• 2018-05-16 Sold (MLS) $68,000 GEBOR
• 2018-02-05 Listed $68,000 GEBOR
• 2014-09-29 Sold (Public Records) $46,000 Public Records
• 2014-09-26 Sold (MLS) $46,000 West Penn MLS
• 2013-11-24 Listed $48,900 West Penn MLS

Property tax history

+2.0%/yr

Latest (2025): $1,848 · +0.0% YoY. Source: county tax records.