1562 W Loop Rd · Frankstown, PA 16648

$149,900

4 bd · 2.5 ba · 3,272 sqft · SingleFamily · 24 Days on market

Built 1955 0.92 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 +26.5/30.0
• DSCR +9.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.9/10.0
• Schools +4.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Handyman looking for a project this is the property for you. This property includes two structures. The main house has 4 Bedrooms and 2.5 baths. The second house either needs demolished or totally renovated. The water lines to the second property are broken. Water had been previously supplied by front house. This would make a great home for someone looking to do some of their own work. Property being sold ''As Is Where Is'' being sold by the executor of the estate.

Key facts

• 0.92 acre lot
• Garage
• Built 1955

Property features AI

Exterior

• Parking: 1-car garage
• Utilities: Private well water
• Home design: Single-family residence; Two stories
• Construction: Vinyl siding; Shingle roof; Built as a residential single family home
• Exterior features: Front porch; Shed(s)

Interior

• Kitchen: Dishwasher; Range; Refrigerator
• Flooring: Laminate; Vinyl; Carpet
• Bathrooms: Two full bathrooms and one half bathroom
• Heating & cooling: Baseboard heating; Hot water heating; Oil heating
• Interior features: Fireplace (1); Basement

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $328 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $148k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Hollidaysburg Area SD (suburban): math 45% / reading 63% proficiency, ranked #129 of 539 in PA (top 24%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 86 active listings in the ZIP; 99 units permitted in Blair County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Blair County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $147,651 (1.5% below list)

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.19% ✓
• Cap rate: 9.45%
• Cash-on-cash: 11.29%
• DSCR: 1.50
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $494,072
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
116 Scenic Knoll Dr	0.53mi	3/3.0 (-1)	2,983 (-9%)	4mo	$450,000	$151	50

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: -2.1%
• Equity multiple: 0.92×
• Total profit: $-3,320
• Equity at exit: $22,351

10-year hold

• IRR: 7.6%
• Equity multiple: 1.58×
• Total profit: $24,273
• Equity at exit: $12,961

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 16648

• Home prices YoY: -32.1%
• Active inventory: 86
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,790 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$171 /mo · $2,053/yr
• Insurance: −$62
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$376
• Net cashflow: $328

Break-even live

Break-even rent $1,375

Max offer price $149,900

Occupancy floor 77%

Sensitivity live

Price	-10% $413	-5% $371	+0% $328	+5% $286	+10% $243
Rent	-10% $187	-5% $258	+0% $328	+5% $399	+10% $470
Rate	-1.0pp $404	-0.5pp $366	base $328	+0.5pp $290	+1.0pp $250

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 19 events

1. 2026-06-21
   days on market $149,900 Active 24 DOM
2. 2026-06-19
   days on market $149,900 Active 22 DOM
3. 2026-06-18
   days on market $149,900 Active 21 DOM
4. 2026-06-17
   days on market $149,900 Active 20 DOM
5. 2026-06-16
   days on market $149,900 Active 19 DOM
6. 2026-06-15
   days on market $149,900 Active 18 DOM
7. 2026-06-14
   days on market $149,900 Active 16 DOM
8. 2026-06-13
   days on market $149,900 Active 15 DOM
9. 2026-06-10
   days on market $149,900 Active 13 DOM
10. 2026-06-09
    days on market $149,900 Active 12 DOM
11. 2026-06-08
    days on market $149,900 Active 11 DOM
12. 2026-06-07
    days on market $149,900 Active 10 DOM
13. 2026-06-05
    days on market $149,900 Active 7 DOM
14. 2026-06-03
    days on market $149,900 Active 6 DOM
15. 2026-06-02
    days on market $149,900 Active 5 DOM
16. 2026-06-01
    days on market $149,900 Active 4 DOM
17. 2026-05-31
    days on market $149,900 Active 3 DOM
18. 2026-05-30
    days on market $149,900 Active 2 DOM
19. 2026-05-27
    listed $149,900 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: $2,053 · $171/mo
• Projected year-2 tax: $2,211 · $184/mo
• Expected delta: +$158/yr (+$13/mo · 7.7%)

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥94°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,486
• − Mortgage interest: −$8,397
• − Property taxes: −$2,053
• − Insurance: −$1,547
• − Repairs & maintenance: −$1,719
• − Management: −$1,719
• − Depreciation: −$4,361
• Taxable income: $1,690
• Est. tax owed @ 24.0%: −$406
• After-tax cash flow: $3,535/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: Hollidaysburg Area SD
• NCES district ID: 4211940
• Math proficiency: 45% ▼ -9.00%
• Reading proficiency: 63% ▼ -8.00%
• Median HH income: $50,676
• Composite: 46.1/100
• National rank: #2511
• State rank: #129 of 539 in PA

Livability — Frankstown

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 14,722

Population outlook (Blair County) Hauer SSP2

• Today (2025): 121,571 people
• By 2030: 117,966 · -3.0%
• By 2040: 109,174 · -10.2%
• By 2050: 99,542 · -18.1%
• By 2075: 76,775 · -36.8%
• By 2100: 54,326 · -55.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Romanian 6% Iranian 2% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Other Indo-European 1% Arabic 1%

Political lean MEDSL · Blair

• 2024 margin: Solid R (+43.5) · D 27.9% · R 71.4%
• 2008→2024 swing: -19.2pp toward R · 2008: -24.3pp · 2024: -43.5pp
• All cycles: 2024: R+43.5 2020: R+43.5 2016: R+46.4 2012: R+33.5 2008: R+24.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -77.77%
• Current HPI: 164.7441
• 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

1 event — show timeline

• 2026-05-27 Listed $149,900 AHARMLS

Property tax history

-21.4%/yr

Latest (2025): $2,053 · +2.5% YoY. Source: county tax records.