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29 Hilltop Ave 🏷️ Likely Rental
B+ Composite 77.91
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.3/10.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$59,999

29 Hilltop Ave · Akron, PA 17501
3 bd · 1.0 ba · 840 sqft · Manufactured public records · 128 Days on market
Built 2006 $71/sqft · 35% below area Est $93k · 35% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to Hilltop Mobile Home Park in Akron PA. Not only is the park under new ownership but this home has also been recently updated and renovated. This 2006 Crystal has 3 bedrooms and 1 bathroom. The property has new flooring, paint, cabinets and is now ready for you to move in! The washer and dryer hook ups are behind the kitchen area. The current lot rent is $505 with water and sewer cost $55/month for the first 2,500 gallons and trash costs $24. The park allows one pet with a grown weight of 30 pounds or less with breed restrictions. All buyers must be park approved

Key facts

  • Recently updated
  • New flooring
  • New paint

Tags

NEW FLOORINGNEW PAINTNEW CABINETSRECENTLY UPDATEDRECENTLY RENOVATEDWASHER AND DRYER HOOK UPS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $59,999 price doesn't fit this home's estimated sale value (~$92,808) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath manufactured listed at $60k.

Deal economics

  • At list price, monthly cash flow is $1k ($14k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $60k).
  • Recommended offer: $53k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 72/100 on livability (#638 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
  • Ephrata Area SD (suburban): math 43% / reading 57% proficiency, ranked #173 of 539 in PA (top 32%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: 15 active listings in the ZIP; 1,093 units permitted in Lancaster County in 2024 (201 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $415 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Lancaster County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 128 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 16y ago; this cycle's ask has dropped $10k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • 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 $52,799 (12.0% below list)

Questions for the listing agent

  1. It's been on market 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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.
  6. 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.
  7. 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
3.25%
Cap rate
30.03%
Cash-on-cash
84.76%
DSCR
4.77
GRM
2.6

CMA / ARV

ARV (median comp)
$92,808
List price
$59,999
Delta
-35.35%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

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

5-year hold
IRR
85.2%
Equity multiple
4.92×
Total profit
$65,843
Equity at exit
$8,946
10-year hold
IRR
88.3%
Equity multiple
10.20×
Total profit
$154,614
Equity at exit
$5,188

Cash invested: $16,800 (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 17501

Home prices YoY
-26.1%
Active inventory
15
Price-to-rent
2.6×

Monthly cashflow live

Estimated rent
$1,948 medium interval (Pro) →
Mortgage (P&I)
$315
Tax from tax record
$13 /mo · $155/yr
Insurance
$25
HOA
$0
Vacancy / Maint / Mgmt
$409
Net cashflow
$1,187

Break-even live

Break-even rent $446
Max offer price $59,999
Occupancy floor 34%

Sensitivity live

Price -10% $1,221 -5% $1,204 +0% $1,187 +5% $1,170 +10% $1,153
Rent -10% $1,033 -5% $1,110 +0% $1,187 +5% $1,264 +10% $1,341
Rate -1.0pp $1,217 -0.5pp $1,202 base $1,187 +0.5pp $1,171 +1.0pp $1,155

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
$15,000
Closing costs
$1,800
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 23 events

  1. 2026-06-18
    days on market $59,999 Active 128 DOM
  2. 2026-06-17
    days on market $59,999 Active 127 DOM
  3. 2026-06-16
    days on market $59,999 Active 126 DOM
  4. 2026-06-15
    days on market $59,999 Active 125 DOM
  5. 2026-06-14
    days on market $59,999 Active 123 DOM
  6. 2026-06-10
    days on market $59,999 Active 120 DOM
  7. 2026-06-09
    days on market $59,999 Active 119 DOM
  8. 2026-06-09
    price $59,999 Active 118 DOM
  9. 2026-06-08
    days on market $60,999 Active 118 DOM
  10. 2026-06-07
    days on market $60,999 Active 117 DOM
  11. 2026-06-03
    days on market $60,999 Active 113 DOM
  12. 2026-06-02
    days on market $60,999 Active 112 DOM
  13. 2026-06-01
    days on market $60,999 Active 111 DOM
  14. 2026-05-31
    days on market $60,999 Active 110 DOM
  15. 2026-05-30
    days on market $60,999 Active 109 DOM
  16. 2026-04-27
    price $66,000 578-char remark
    Show marketing remark (578 chars)

    Welcome to Hilltop Mobile Home Park in Akron PA. Not only is the park under new ownership but this home has also been recently updated and renovated. This 2006 Crystal has 3 bedrooms and 1 bathroom. The property has new flooring, paint, cabinets and is now ready for you to move in! The washer and dryer hook ups are behind the kitchen area. The current lot rent is $505 with water and sewer cost $55/month for the first 2,500 gallons and trash costs $24. The park allows one pet with a grown weight of 30 pounds or less with breed restrictions. All buyers must be park approved

  17. 2026-04-09
    price $67,000 578-char remark
    Show marketing remark (578 chars)

    Welcome to Hilltop Mobile Home Park in Akron PA. Not only is the park under new ownership but this home has also been recently updated and renovated. This 2006 Crystal has 3 bedrooms and 1 bathroom. The property has new flooring, paint, cabinets and is now ready for you to move in! The washer and dryer hook ups are behind the kitchen area. The current lot rent is $505 with water and sewer cost $55/month for the first 2,500 gallons and trash costs $24. The park allows one pet with a grown weight of 30 pounds or less with breed restrictions. All buyers must be park approved

  18. 2026-03-18
    price $68,500 578-char remark
    Show marketing remark (578 chars)

    Welcome to Hilltop Mobile Home Park in Akron PA. Not only is the park under new ownership but this home has also been recently updated and renovated. This 2006 Crystal has 3 bedrooms and 1 bathroom. The property has new flooring, paint, cabinets and is now ready for you to move in! The washer and dryer hook ups are behind the kitchen area. The current lot rent is $505 with water and sewer cost $55/month for the first 2,500 gallons and trash costs $24. The park allows one pet with a grown weight of 30 pounds or less with breed restrictions. All buyers must be park approved

  19. 2026-02-10
    listed $69,999 Active 578-char remark
    Show marketing remark (578 chars)

    Welcome to Hilltop Mobile Home Park in Akron PA. Not only is the park under new ownership but this home has also been recently updated and renovated. This 2006 Crystal has 3 bedrooms and 1 bathroom. The property has new flooring, paint, cabinets and is now ready for you to move in! The washer and dryer hook ups are behind the kitchen area. The current lot rent is $505 with water and sewer cost $55/month for the first 2,500 gallons and trash costs $24. The park allows one pet with a grown weight of 30 pounds or less with breed restrictions. All buyers must be park approved

  20. 2011-07-29
    historical
  21. 2011-01-31
    listed $29,000
  22. 2010-12-31
    historical
  23. 2010-08-20
    listed $43,500

ⓘ 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
$155 · $13/mo
Projected year-2 tax
$552 · $46/mo
Expected delta
+$396/yr (+$33/mo · 255.7%)

ⓘ 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 6/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 17% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 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
$23,379
− Mortgage interest
−$3,361
− Property taxes
−$155
− Insurance
−$300
− Repairs & maintenance
−$1,870
− Management
−$1,870
− Depreciation
−$1,745
Taxable income
$14,077
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,379
After-tax cash flow
$10,860/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
Ephrata Area SD
NCES district ID
4209270
Math proficiency
43% ▼ -10.00%
Reading proficiency
57% ▼ -9.00%
Median HH income
$54,320
Composite
43.14/100
National rank
#3078
State rank
#173 of 539 in PA

Livability — Akron

Score
72/100
State rank
#638
US rank
#6217

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Akron, PA
City population
4,823
Population (ZIP)
4,823

Population outlook (Lancaster County) Hauer SSP2

Today (2025)
561,011 people
By 2030
570,969 · +1.8%
By 2040
585,929 · +4.4%
By 2050
591,056 · +5.4%
By 2075
594,747 · +6.0%
By 2100
558,850 · -0.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (82%)
Race & ethnicity
White 82% Hispanic / Latino 8% Two or more races 6% Asian 3% Black 1%
Hispanic origin (detail)
Puerto Rican 4%
Common ancestry
Lithuanian 2% Slovak 2% Italian 1%
Foreign-born
5% · Canada, Jamaica
Languages at home
90% English-only · Spanish 5% Arabic 2% German/W. Germanic 1%

Political lean MEDSL · Lancaster

2024 margin
R (+15.9) · D 41.5% · R 57.5%
2008→2024 swing
-4.1pp toward R · 2008: -11.8pp · 2024: -15.9pp
All cycles
2024: R+15.9 2020: R+15.8 2016: R+19.7 2012: R+19.2 2008: R+11.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -98.31%
Current HPI
278.9238
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

+51.7% since first listed
8 events — show timeline
  • 2026-04-27 Price Changed $66,000 BRIGHT MLS
  • 2026-04-09 Price Changed $67,000 BRIGHT MLS
  • 2026-03-18 Price Changed $68,500 BRIGHT MLS
  • 2026-02-10 Listed $69,999 BRIGHT MLS
  • 2011-07-29 Listing Removed BRIGHT MLS
  • 2011-01-31 Listed $29,000 BRIGHT MLS
  • 2010-12-31 Listing Removed BRIGHT MLS
  • 2010-08-20 Listed $43,500 BRIGHT MLS

Property tax history

-11.4%/yr

Latest (2026): $155 · +5.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…