52 Chestnut St · Driftwood, PA 15832

$44,900

3 bd · 2.0 ba · 1,064 sqft · SingleFamily · 378 Days on market

Built 1998 0.25 ac lot $42/sqft · 65% 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
• Appreciation +5.0/10.0
• Schools +4.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Livability +2.4/5.0

Listing remarks MLS

Located in the heart of the PA Wilds, this home is ready to be lived in as is or can be customized to your particular likings. The single wide trailer has 3 bedrooms and 2 full bathrooms, lots of room for the average family. It has a good sized partially fenced yard, a deck and beautiful views of the mountains. The property sits across from the corner of Route 120 and Route 555. Nearby Benezette and the surrounding areas are typically densely populated with elk. Other nearby attractions include ATV/UTV/snowmobile/hiking trails, state forests, 2 branches of the Sinnemahoning Creek, Stevenson Dam and Sinnemahoning State Park. Square footage taken for the county assessment card. Call for a showing today!

Key facts

• Stevenson dam
• Sinnemahoning creek
• Deck

Tags

• PARTIALLY FENCED YARD
• DECK
• SINNEMAHONING CREEK
• STEVENSON DAM
• SINNEMAHONING STATE PARK

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $45k.

Deal economics

• At list price, monthly cash flow is $505 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $45k).
• Recommended offer: $40k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 48/100 on livability (#1,711 in PA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: health & safety D, schools F, amenities F.
• Cameron County SD (town): math 36% / reading 61% proficiency, ranked #231 of 539 in PA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 6 active listings in the ZIP.

Forward outlook

• In year one you build about $2k of equity ($310 loan paydown + $1k appreciation (3.0% local appreciation)).
• Cameron County population projected at -40% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 378 days — a 12% lower offer ($40k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y ago; this cycle's ask has dropped $29k (39%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $39,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 378 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
7. 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.
8. 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: 2.35% ✓
• Cap rate: 21.27%
• Cash-on-cash: 53.50%
• DSCR: 3.38
• GRM: 3.5

CMA / ARV

• ARV (median comp): $128,185
• List price: $44,900
• Delta: -64.97%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 53.4%
• Equity multiple: 3.99×
• Total profit: $37,598
• Equity at exit: $20,189

10-year hold

• IRR: 53.1%
• Equity multiple: 8.06×
• Total profit: $88,818
• Equity at exit: $31,114

Cash invested: $12,572 (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 15832

• Active inventory: 6
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,057 medium
• Mortgage (P&I): −$235
• Tax from tax record: −$20 /mo · $244/yr
• Insurance: −$19
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$222
• Net cashflow: $505

Break-even live

Break-even rent $418

Max offer price $44,900

Occupancy floor 47%

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: $11,225
• Closing costs: $1,347
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-05-15
   status Pending 711-char remark

   Show marketing remark (711 chars)

   Located in the heart of the PA Wilds, this home is ready to be lived in as is or can be customized to your particular likings. The single wide trailer has 3 bedrooms and 2 full bathrooms, lots of room for the average family. It has a good sized partially fenced yard, a deck and beautiful views of the mountains. The property sits across from the corner of Route 120 and Route 555. Nearby Benezette and the surrounding areas are typically densely populated with elk. Other nearby attractions include ATV/UTV/snowmobile/hiking trails, state forests, 2 branches of the Sinnemahoning Creek, Stevenson Dam and Sinnemahoning State Park. Square footage taken for the county assessment card. Call for a showing today!

2. 2026-04-16
   price $44,900 711-char remark

   Show marketing remark (711 chars)

   Located in the heart of the PA Wilds, this home is ready to be lived in as is or can be customized to your particular likings. The single wide trailer has 3 bedrooms and 2 full bathrooms, lots of room for the average family. It has a good sized partially fenced yard, a deck and beautiful views of the mountains. The property sits across from the corner of Route 120 and Route 555. Nearby Benezette and the surrounding areas are typically densely populated with elk. Other nearby attractions include ATV/UTV/snowmobile/hiking trails, state forests, 2 branches of the Sinnemahoning Creek, Stevenson Dam and Sinnemahoning State Park. Square footage taken for the county assessment card. Call for a showing today!

3. 2025-12-03
   price $55,000 711-char remark

   Show marketing remark (711 chars)

   Located in the heart of the PA Wilds, this home is ready to be lived in as is or can be customized to your particular likings. The single wide trailer has 3 bedrooms and 2 full bathrooms, lots of room for the average family. It has a good sized partially fenced yard, a deck and beautiful views of the mountains. The property sits across from the corner of Route 120 and Route 555. Nearby Benezette and the surrounding areas are typically densely populated with elk. Other nearby attractions include ATV/UTV/snowmobile/hiking trails, state forests, 2 branches of the Sinnemahoning Creek, Stevenson Dam and Sinnemahoning State Park. Square footage taken for the county assessment card. Call for a showing today!

4. 2025-06-24
   price $69,000 711-char remark

   Show marketing remark (711 chars)

   Located in the heart of the PA Wilds, this home is ready to be lived in as is or can be customized to your particular likings. The single wide trailer has 3 bedrooms and 2 full bathrooms, lots of room for the average family. It has a good sized partially fenced yard, a deck and beautiful views of the mountains. The property sits across from the corner of Route 120 and Route 555. Nearby Benezette and the surrounding areas are typically densely populated with elk. Other nearby attractions include ATV/UTV/snowmobile/hiking trails, state forests, 2 branches of the Sinnemahoning Creek, Stevenson Dam and Sinnemahoning State Park. Square footage taken for the county assessment card. Call for a showing today!

5. 2025-05-02
   listed $74,000 Active 711-char remark

   Show marketing remark (711 chars)

   Located in the heart of the PA Wilds, this home is ready to be lived in as is or can be customized to your particular likings. The single wide trailer has 3 bedrooms and 2 full bathrooms, lots of room for the average family. It has a good sized partially fenced yard, a deck and beautiful views of the mountains. The property sits across from the corner of Route 120 and Route 555. Nearby Benezette and the surrounding areas are typically densely populated with elk. Other nearby attractions include ATV/UTV/snowmobile/hiking trails, state forests, 2 branches of the Sinnemahoning Creek, Stevenson Dam and Sinnemahoning State Park. Square footage taken for the county assessment card. Call for a showing today!

6. 2023-09-08
   historical
7. 2023-08-27
   status Active
8. 2023-08-12
   historical
9. 2022-11-07
   listed $44,900 Active
10. 2022-11-02
    listed $44,900 Active
11. 2022-11-02
    listed $44,900 Active

ⓘ 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: $244 · $20/mo
• Projected year-2 tax: $477 · $40/mo
• Expected delta: +$233/yr (+$19/mo · 95.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 3/10 Moderate 8 d/yr ≥93°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,684
• − Mortgage interest: −$2,515
• − Property taxes: −$244
• − Insurance: −$891
• − Repairs & maintenance: −$1,015
• − Management: −$1,015
• − Depreciation: −$1,306
• Taxable income: $5,698
• Est. tax owed @ 24.0%: −$1,367
• After-tax cash flow: $4,692/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: Cameron County SD
• NCES district ID: 4204830
• Math proficiency: 36% ▼ -7.00%
• Reading proficiency: 61% ▼ -9.00%
• Median HH income: $40,115
• Composite: 40.49/100
• National rank: #3714
• State rank: #231 of 539 in PA

Livability — Driftwood

• Score: 48/100
• State rank: #1711
• US rank: #26062

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Driftwood, PA
• Population (ZIP): 282

Population outlook (Cameron County) Hauer SSP2

• Today (2025): 4,072 people
• By 2030: 3,706 · -9.0%
• By 2040: 3,010 · -26.1%
• By 2050: 2,443 · -40.0%
• By 2075: 1,663 · -59.2%
• By 2100: 1,296 · -68.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 5% Asian 1% Hispanic / Latino 1%
• Common ancestry: Danish 5% Romanian 5% Italian 2%
• Foreign-born: 1%
• Languages at home: 95% English-only · Spanish 4% Russian/Polish/Slavic 1% Tagalog/Filipino 1%

Political lean MEDSL · Cameron

• 2024 margin: Solid R (+50.3) · D 24.2% · R 74.5% · Other 1.2%
• 2008→2024 swing: -30.5pp toward R · 2008: -19.8pp · 2024: -50.3pp
• All cycles: 2024: R+50.3 2020: R+46.7 2016: R+50.7 2012: R+29.8 2008: R+19.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

+0.0% since first listed

11 events — show timeline

• 2026-05-15 Pending — NMPA
• 2026-04-16 Price Changed $44,900 NMPA
• 2025-12-03 Price Changed $55,000 NMPA
• 2025-06-24 Price Changed $69,000 NMPA
• 2025-05-02 Listed $74,000 NMPA
• 2023-09-08 Listing Removed — UNYREIS
• 2023-08-27 Relisted — NMPA
• 2023-08-12 Delisted — NMPA
• 2022-11-07 Listed $44,900 ECBR
• 2022-11-02 Listed $44,900 NMPA
• 2022-11-02 Listed $44,900 UNYREIS