242 Wiley Mill Rd · Fawn Grove, PA 17352

$149,900

3 bd · 1.0 ba · 1,128 sqft · SingleFamily public records · 6 Days on market

Built 1900 0.87 ac lot

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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 +19.2/30.0
• ARV discount +7.5/15.0
• DSCR +6.0/10.0
• Appreciation +5.3/10.0
• 1% rule +4.8/10.0
• Schools +4.5/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

A diamond in the rough in peaceful southern York County. Home is in need of rehab. Water and sewer are unknown. Sold "as-is".

Key facts

• Patio doors
• Private rural lot
• Modern kitchen

Tags

• PRIVATE RURAL LOT
• TWO STORY STORAGE SHED
• MODERN KITCHEN
• PATIO DOORS
• UNFINISHED AREA
• FULL ATTIC

Property features AI

Exterior

• Parking: Dirt driveway; Off-street parking
• Utilities: Well water; On-site septic; 200+ amp electric service; Electric hot water
• Home design: Detached structure; Rural location; Public blacktop road access
• Construction: Wood siding; Stone foundation; Slate and metal roof; Built year per assessor
• Exterior features: Cleared, sloping, rural lot; Porch(es); Shed

Interior

• Kitchen: Dishwasher; Electric range/oven; Refrigerator
• Bedrooms: Two bedrooms on the upper level; One bedroom on the main level
• Flooring: Wood flooring
• Bathrooms: One full bathroom on the main level; One half bathroom on the upper level
• Heating & cooling: Heat pump(s); Electric baseboard heat; Ductless / mini-split cooling
• Interior features: Eat-in kitchen; Plaster walls
• Laundry & utility: Washer; Electric dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $161 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $147k (2.1% below list).
• Recommended offer: $147k (2.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 66/100 on livability (#1,081 in PA) — a middle-class / working-renter tenant base. Strengths: housing A+, crime B+, cost of living B+; Watch: employment D, amenities F, commute F.
• South Eastern SD (rural): math 41% / reading 60% proficiency, ranked #147 of 539 in PA (top 27%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: South Eastern Ms (math 24% / reading 57%, grade F, #248 of 512 statewide, top 50%, 407 students, 31% FRL); Kennard-Dale Hs (math 72%, 713 students, 31% FRL).
• Market conditions: 7 active listings in the ZIP; 1,328 units permitted in York County in 2024 (338 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($1k loan paydown + $755 appreciation (0.5% local appreciation)).
• At projected returns (0.5% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 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 $23k; list at $150k implies a 552% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — 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 $146,789 (2.1% below list)

Questions for the listing agent

1. Built in 1900 — 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: 0.98% ✗
• Cap rate: 7.58%
• Cash-on-cash: 4.59%
• DSCR: 1.20
• GRM: 8.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.5% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 4.6%
• Equity multiple: 1.22×
• Total profit: $9,428
• Equity at exit: $47,338

10-year hold

• IRR: 9.4%
• Equity multiple: 2.08×
• Total profit: $45,183
• Equity at exit: $60,040

Cash invested: $41,972 (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 17352

• Home prices YoY: 0.2%
• Active inventory: 7
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,468 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$150 /mo · $1,805/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$308
• Net cashflow: $161

Break-even live

Break-even rent $1,265

Max offer price $149,900

Occupancy floor 84%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-04-16
   status Pending
2. 2026-04-10
   listed $149,900 Active
3. 2013-11-22
   soldstatus $23,000 135-char remark

   Show marketing remark (135 chars)

   A diamond in the rough in peaceful southern York County. Home is in need of rehab. Water and sewer are unknown. Sold "as-is".

4. 2013-10-30
   historical 135-char remark

   Show marketing remark (135 chars)

   A diamond in the rough in peaceful southern York County. Home is in need of rehab. Water and sewer are unknown. Sold "as-is".

5. 2013-10-14
   listed $25,000 135-char remark

   Show marketing remark (135 chars)

   A diamond in the rough in peaceful southern York County. Home is in need of rehab. Water and sewer are unknown. Sold "as-is".

ⓘ 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: $1,805 · $150/mo
• Projected year-2 tax: $2,087 · $174/mo
• Expected delta: +$282/yr (+$23/mo · 15.6%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 16% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,615
• − Mortgage interest: −$8,397
• − Property taxes: −$1,805
• − Insurance: −$750
• − Repairs & maintenance: −$1,409
• − Management: −$1,409
• − Depreciation: −$4,361
• Taxable loss: −$516
• Est. tax savings @ 24.0%: +$124
• After-tax cash flow: $2,051/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 Eastern SD
• NCES district ID: 4222170
• Math proficiency: 41% ▼ -11.00%
• Reading proficiency: 60% ▼ -10.00%
• Median HH income: $68,143
• Composite: 44.86/100
• National rank: #2728
• State rank: #147 of 539 in PA

Livability — Fawn Grove

• Score: 66/100
• State rank: #1081
• US rank: #12217

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 1,397

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 (98%)
• Race & ethnicity: White 98%
• Common ancestry: Lithuanian 4% Italian 1% Romanian 1%
• Foreign-born: 0%

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: ▲ 0.50%
• Current HPI: 271.2282
• 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

+499.6% since first listed

5 events — show timeline

• 2026-04-16 Pending — BRIGHT MLS
• 2026-04-10 Listed $149,900 BRIGHT MLS
• 2013-11-22 Sold (MLS) $23,000 BRIGHT MLS
• 2013-10-30 Listing Removed — BRIGHT MLS
• 2013-10-14 Listed $25,000 BRIGHT MLS

Property tax history

+1.1%/yr

Latest (2025): $1,805 · +0.0% YoY. Source: county tax records.