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1832 S Eighty Eight Rd
D+ Composite 49.12
Why this score? — see what drove the D+ 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 +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Appreciation +5.0/10.0
  • Schools +4.0/10.0
  • Livability +2.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$26,000

1832 S Eighty Eight Rd · Mapletown, PA 15338
2 bd · 0.5 ba · 1,536 sqft · SingleFamily public records · 67 Days on market
Built 1949 0.79 ac lot $17/sqft · 57% below area ↓ 13% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Investor Special – 1.5 Story Brick Home on ¾ Acre Lot. Opportunity awaits with this 1½ story brick home situated on a spacious ¾-acre lot. Offering a generous footprint and classic brick exterior, this property has sustained extensive fire damage and is being sold as-is. Prior to the fire, the home featured multiple bedrooms, ample living space, and charming architectural details typical of its era. The solid brick construction and sizable lot provide a strong foundation for renovation, restoration, or potential rebuild. The expansive ¾-acre parcel offers mature trees, privacy, and plenty of room for future improvements, outdoor living areas, or expansion. Ideal for investors, builders, or buyers looking for a project with significant upside potential. Bring your vision and transform this property into something special. Serious inquiries only.

Key facts

  • 1.5 story brick home
  • Outdoor living areas
  • ¾ acre lot

Tags

1.5 STORY BRICK HOME¾ ACRE LOTSOLID BRICK CONSTRUCTIONMATURE TREESOUTDOOR LIVING AREAS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/0.5-bath single-family listed at $26k.

Deal economics

  • At list price, monthly cash flow is $712 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $26k).
  • Recommended offer: $24k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 52/100 on livability (#1,688 in PA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, crime A; Watch: schools F, amenities F, commute F.
  • Southeastern Greene SD (rural): math 41% / reading 54% proficiency, ranked #237 of 539 in PA (top 44%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 7 active listings in the ZIP; 30 units permitted in Greene County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $960 of equity ($180 loan paydown + $780 appreciation (3.0% local appreciation)).
  • Greene County population projected at -20% 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 $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 67 days — a 6% lower offer ($24k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $24,440 (6.0% below list)

Questions for the listing agent

  1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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
4.42%
Cap rate
39.15%
Cash-on-cash
117.34%
DSCR
6.22
GRM
1.9

CMA / ARV

ARV (median comp)
$61,134
List price
$26,000
Delta
-57.47%
Verdict
UNDERPRICED
Comps
3 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1832 S Eighty Eight Rd 0.00mi 3/1.0 (+1) 1,536 (0%) 1mo $23,000 $15 92

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
Equity multiple
7.66×
Total profit
$48,498
Equity at exit
$11,691
10-year hold
IRR
Equity multiple
15.99×
Total profit
$109,148
Equity at exit
$18,017

Cash invested: $7,280 (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.

ZIP-level market 15338

Active inventory
7
Price-to-rent
1.9×

Monthly cashflow live

Estimated rent
$1,148 medium interval (Pro) →
Mortgage (P&I)
$136
Tax from tax record
$48 /mo · $574/yr
Insurance
$11
HOA
$0
Vacancy / Maint / Mgmt
$241
Net cashflow
$712

Break-even live

Break-even rent $247
Max offer price $26,000
Occupancy floor 33%

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
$6,500
Closing costs
$780
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 3 events

  1. 2026-05-02
    status Pending 890-char remark
    Show marketing remark (890 chars)

    Investor Special – 1.5 Story Brick Home on ¾ Acre Lot. Opportunity awaits with this 1½ story brick home situated on a spacious ¾-acre lot. Offering a generous footprint and classic brick exterior, this property has sustained extensive fire damage and is being sold as-is. Prior to the fire, the home featured multiple bedrooms, ample living space, and charming architectural details typical of its era. The solid brick construction and sizable lot provide a strong foundation for renovation, restoration, or potential rebuild. The expansive ¾-acre parcel offers mature trees, privacy, and plenty of room for future improvements, outdoor living areas, or expansion. Ideal for investors, builders, or buyers looking for a project with significant upside potential. Bring your vision and transform this property into something special. Serious inquiries only.

  2. 2026-04-28
    price $26,000 890-char remark
    Show marketing remark (890 chars)

    Investor Special – 1.5 Story Brick Home on ¾ Acre Lot. Opportunity awaits with this 1½ story brick home situated on a spacious ¾-acre lot. Offering a generous footprint and classic brick exterior, this property has sustained extensive fire damage and is being sold as-is. Prior to the fire, the home featured multiple bedrooms, ample living space, and charming architectural details typical of its era. The solid brick construction and sizable lot provide a strong foundation for renovation, restoration, or potential rebuild. The expansive ¾-acre parcel offers mature trees, privacy, and plenty of room for future improvements, outdoor living areas, or expansion. Ideal for investors, builders, or buyers looking for a project with significant upside potential. Bring your vision and transform this property into something special. Serious inquiries only.

  3. 2026-02-24
    listed $30,000 Active 890-char remark
    Show marketing remark (890 chars)

    Investor Special – 1.5 Story Brick Home on ¾ Acre Lot. Opportunity awaits with this 1½ story brick home situated on a spacious ¾-acre lot. Offering a generous footprint and classic brick exterior, this property has sustained extensive fire damage and is being sold as-is. Prior to the fire, the home featured multiple bedrooms, ample living space, and charming architectural details typical of its era. The solid brick construction and sizable lot provide a strong foundation for renovation, restoration, or potential rebuild. The expansive ¾-acre parcel offers mature trees, privacy, and plenty of room for future improvements, outdoor living areas, or expansion. Ideal for investors, builders, or buyers looking for a project with significant upside potential. Bring your vision and transform this property into something special. Serious inquiries only.

ⓘ 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
$574 · $48/mo
Projected year-2 tax
$574 · $48/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 1/10 Low
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥99°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,775
− Mortgage interest
−$1,456
− Property taxes
−$574
− Insurance
−$130
− Repairs & maintenance
−$1,102
− Management
−$1,102
− Depreciation
−$756
Taxable income
$8,655
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,077
After-tax cash flow
$6,465/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
Southeastern Greene SD
NCES district ID
4222200
Math proficiency
41% ▼ -14.00%
Reading proficiency
54% ▼ -10.00%
Median HH income
$45,654
Composite
40.25/100
National rank
#3769
State rank
#237 of 539 in PA

Livability — Mapletown

Score
52/100
State rank
#1688
US rank
#24951

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
1,500

Population outlook (Greene County) Hauer SSP2

Today (2025)
34,975 people
By 2030
33,554 · -4.1%
By 2040
30,615 · -12.5%
By 2050
27,819 · -20.5%
By 2075
21,678 · -38.0%
By 2100
16,318 · -53.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (97%)
Race & ethnicity
White 97% Two or more races 2% Hispanic / Latino 2% Black 1%
Common ancestry
Romanian 11% Scottish 2% Slovak 2%
Foreign-born
1%
Languages at home
97% English-only · Russian/Polish/Slavic 2% German/W. Germanic 1%

Political lean MEDSL · Greene

2024 margin
Solid R (+44.8) · D 26.6% · R 71.5% · Other 1.9%
2008→2024 swing
-44.4pp toward R · 2008: -0.4pp · 2024: -44.8pp
All cycles
2024: R+44.8 2020: R+43.4 2016: R+41.7 2012: R+17.6 2008: R+0.4

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

Price history

-13.3% since first listed
3 events — show timeline
  • 2026-05-02 Pending West Penn MLS
  • 2026-04-28 Price Changed $26,000 West Penn MLS
  • 2026-02-24 Listed $30,000 West Penn MLS

Property tax history

-7.1%/yr

Latest (2025): $574 · +0.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…