148 Susquehanna Ave · South Renovo, PA 17764

$34,995

3 bd · 1.0 ba · 1,734 sqft · SingleFamily public records · 35 Days on market

Built 1926 3,093 sqft lot $20/sqft · 60% below area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +1.4/10.0

Listing remarks

3 bed, 1.5 bath 2-story home with a basement. This home offers a great opportunity for the next owner to bring their vision and make it their own. Functional layout with comfortable living spaces and a practical floor plan that provides a solid starting point. The home has good bones and plenty of potential for thoughtful updates throughout. Ideal for an owner-occupant looking to personalize over time or an investor seeking a value-add opportunity.

Key facts

• 3,093 sq ft lot
• Built 1926
• Listed 35 days

Property features AI

Finance

• Other: Fee simple ownership; Accessibility features indicated
• Financial info: $911 annual tax (2025)

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Sewer and water available; Electric cooling fuel and hot water
• Home design: Detached structure; Frame construction with vinyl siding; Shingle roof; Block foundation; Year built estimated
• Exterior features: Not in a federal flood zone; Above-grade and below-grade structures noted; Pets allowed with no restrictions

Interior

• Bedrooms: Three bedrooms on the main upper level
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Central heating (oil); Central air conditioning; Electric hot water
• Interior features: Estimated living area; No basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $689 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $34k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#1,116 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, crime D+, amenities F.
• Keystone Central SD (town): math 32% / reading 44% proficiency, ranked #384 of 539 in PA (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bucktail Hs (math 44%, 114 students, 49% FRL).
• Market conditions: 18 active listings in the ZIP; 44 units permitted in Clinton County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $242 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Clinton County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($34k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $15k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $30k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1926 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $33,945 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 3.48% ✓
• Cap rate: 29.93%
• Cash-on-cash: 84.42%
• DSCR: 4.76
• GRM: 2.4

CMA / ARV

• ARV (median comp): $86,664
• List price: $34,995
• Delta: -59.62%
• Verdict: UNDERPRICED
• Comps: 13 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
365 Pennsylvania Ave	0.21mi	3/1.0	1,632 (-6%)	18mo	$85,000	$52	66

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: 84.8%
• Equity multiple: 4.91×
• Total profit: $38,272
• Equity at exit: $5,218

10-year hold

• IRR: 88.1%
• Equity multiple: 10.19×
• Total profit: $90,015
• Equity at exit: $3,026

Cash invested: $9,799 (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 17764

• Home prices YoY: -6.0%
• Active inventory: 18
• Price-to-rent: 2.4×

Monthly cashflow live

• Estimated rent: $1,219 medium
• Mortgage (P&I): −$184
• Tax from tax record: −$76 /mo · $911/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $689

Break-even live

Break-even rent $347

Max offer price $34,995

Occupancy floor 38%

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: $8,749
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-19
   days on market $34,995 Active 35 DOM
2. 2026-06-18
   days on market $34,995 Active 34 DOM
3. 2026-06-17
   days on market $34,995 Active 33 DOM
4. 2026-06-17
   price $34,995 Active 32 DOM
5. 2026-06-16
   days on market $39,995 Active 32 DOM
6. 2026-06-15
   days on market $39,995 Active 31 DOM
7. 2026-06-14
   days on market $39,995 Active 29 DOM
8. 2026-06-12
   days on market $39,995 Active 28 DOM
9. 2026-06-09
   days on market $39,995 Active 25 DOM
10. 2026-06-08
    days on market $39,995 Active 24 DOM
11. 2026-06-07
    days on market $39,995 Active 23 DOM
12. 2026-06-04
    pricedays on market $39,995 Active 19 DOM
13. 2026-06-02
    days on market $44,995 Active 18 DOM
14. 2026-06-01
    days on market $44,995 Active 17 DOM
15. 2026-05-31
    days on market $44,995 Active 16 DOM
16. 2026-05-31
    days on market $44,995 Active 15 DOM
17. 2026-05-15
    listed $49,995 Active 453-char remark
18. 2026-03-26
    historical
19. 2026-02-24
    price $37,500
20. 2026-02-15
    price $45,000
21. 2026-02-09
    price $50,000
22. 2026-02-03
    status Active
23. 2026-01-29
    historical
24. 2026-01-28
    listed $59,998 Active
25. 2011-08-02
    soldstatus $30,000

ⓘ 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: $911 · $76/mo
• Projected year-2 tax: $911 · $76/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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 8 d/yr ≥92°F today · 20 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: $14,633
• − Mortgage interest: −$1,960
• − Property taxes: −$911
• − Insurance: −$175
• − Repairs & maintenance: −$1,171
• − Management: −$1,171
• − Depreciation: −$1,018
• Taxable income: $8,228
• Est. tax owed @ 24.0%: −$1,975
• After-tax cash flow: $6,297/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: Keystone Central SD
• NCES district ID: 4212725
• Math proficiency: 32% ▼ -6.00%
• Reading proficiency: 44% ▼ -10.00%
• Median HH income: $42,713
• Composite: 32.09/100
• National rank: #5810
• State rank: #384 of 539 in PA

Livability — South Renovo

• Score: 65/100
• State rank: #1116
• US rank: #12721

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Renovo, PA
• Population (ZIP): 2,460

Population outlook (Clinton County) Hauer SSP2

• Today (2025): 39,048 people
• By 2030: 38,812 · -0.6%
• By 2040: 38,011 · -2.7%
• By 2050: 36,931 · -5.4%
• By 2075: 34,077 · -12.7%
• By 2100: 29,683 · -24.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 7% Hispanic / Latino 2%
• Common ancestry: Romanian 3% Italian 2% Russian 1%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Clinton

• 2024 margin: Solid R (+40.9) · D 29.1% · R 70.0%
• 2008→2024 swing: -38.1pp toward R · 2008: -2.8pp · 2024: -40.9pp
• All cycles: 2024: R+40.9 2020: R+36.3 2016: R+34.8 2012: R+11.3 2008: R+2.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -7.16%
• Current HPI: 111.66
• 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

+16.7% since first listed

12 events — show timeline

• 2026-06-16 Price Changed $34,995 BRIGHT MLS
• 2026-06-03 Price Changed $39,995 BRIGHT MLS
• 2026-05-26 Price Changed $44,995 BRIGHT MLS
• 2026-05-15 Listed $49,995 BRIGHT MLS
• 2026-03-26 Listing Removed — BRIGHT MLS
• 2026-02-24 Price Changed $37,500 BRIGHT MLS
• 2026-02-15 Price Changed $45,000 BRIGHT MLS
• 2026-02-09 Price Changed $50,000 BRIGHT MLS
• 2026-02-03 Relisted — BRIGHT MLS
• 2026-01-29 Listing Removed — BRIGHT MLS
• 2026-01-28 Listed $59,998 BRIGHT MLS
• 2011-08-02 Sold (Public Records) $30,000 Public Records

Property tax history

-4.6%/yr

Latest (2026): $911 · +0.9% YoY. Source: county tax records.