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4 Meadow Run
D+ Composite 46.84
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 +12.6/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • Livability +4.0/5.0
  • DSCR +3.7/10.0
  • Schools +3.6/10.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$68,000

4 Meadow Run · Paxtonia, PA 17112
2 bd · 1.0 ba · 952 sqft · Manufactured public records · 34 Days on market
Built 1983 $748/mo HOA · 52% of rent

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

Listing remarks MLS

55+ community. West Hanover Twp. Updated 2 bedrooms, 2 baths, dining area, kitchen w/ apps, living room, laundry, sunroom. Move right in!

Key facts

  • Close to dining
  • En-suite bath
  • Quick access to i-81

Tags

QUICK ACCESS TO I-81CLOSE TO SHOPPINGCLOSE TO DININGCLOSE TO MEDICAL FACILITIESFUNCTIONAL LAYOUTEN-SUITE BATH

Property features AI

Finance

  • Other: Fee simple ownership; Not in a federal flood zone; Senior community (55+); Pets allowed with size/weight restrictions; Make: Citation
  • HOA & community: Monthly HOA fee includes snow removal, road maintenance, and common area maintenance; HOA fee charged monthly; Other monthly fee

Exterior

  • Parking: Paved driveway with 2 driveway spaces; Off-street parking (total 2 garage/parking spaces)
  • Utilities: Public water; Public sewer; 100 Amp electric service; Natural gas available; Hot water: electric; Phone and cable TV service; Municipal trash service
  • Home design: Manufactured single-wide home; Faces north; Above-grade living space
  • Construction: Vinyl siding; Fiberglass/asphalt roof; Crawl space foundation; Estimated year built
  • Exterior features: Deck(s); Outbuilding(s); Rented lot

Interior

  • Kitchen: Gas range; Refrigerator
  • Bedrooms: 2 bedrooms on the main level (Master Bedroom, Bedroom 2)
  • Bathrooms: 2 full bathrooms on the main level
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning (electric)
  • Interior features: Dining area; Sun/Florida room; Living room
  • Laundry & utility: Main-floor laundry

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/1.0-bath manufactured listed at $68k.

Deal economics

  • At list price, monthly cash flow is $-9 ($-107/yr) — negative.
  • To cash-flow at today's rent, offer at most $66k (2.3% below list).
  • Meets the 1% rule at list price ($1k rent vs $68k).
  • Recommended offer: $66k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 79/100 on livability (#233 in PA, #2,016 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities D, commute F.
  • Central Dauphin SD (suburban): math 30% / reading 52% proficiency, ranked #305 of 539 in PA (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Central Dauphin Shs (math 71% / reading 24%, grade D, #164 of 437 statewide, top 38%, 1,975 students, 33% FRL) — zoned schools at 33% FRL track the district average.
  • Market conditions: Rents rising (+1.6%/yr); 311 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).
  • This rent is only 17% of the median local income ($104k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $470 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 34 days — a 3% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $28k; list at $68k implies a 147% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: HOA is 52% of rent.
  • 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 $65,960 (3.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
2.13%
Cap rate
6.14%
Cash-on-cash
-0.56%
DSCR
0.97
GRM
3.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.64% rent growth · sell at horizon

5-year hold
IRR
-20.2%
Equity multiple
0.31×
Total profit
$-13,099
Equity at exit
$10,139
10-year hold
IRR
-20.9%
Equity multiple
0.05×
Total profit
$-18,141
Equity at exit
$5,879

Cash invested: $19,040 (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 17112

Rents YoY
1.6%
Active inventory
311
Price-to-rent
3.9×

Monthly cashflow live

Estimated rent
$1,445 medium interval (Pro) →
Mortgage (P&I)
$357
Tax from tax record
$18 /mo · $211/yr
Insurance
$28
HOA
$748
Vacancy / Maint / Mgmt
$303
Net cashflow
$-9

Break-even live

Break-even rent $1,456
Max offer price $66,422
Occupancy floor 96%

Sensitivity live

Price -10% $30 -5% $10 +0% $-9 +5% $-28 +10% $-47
Rent -10% $-123 -5% $-66 +0% $-9 +5% $48 +10% $105
Rate -1.0pp $25 -0.5pp $8 base $-9 +0.5pp $-27 +1.0pp $-44

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
$17,000
Closing costs
$2,040
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.

Rent comps 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
25 Sarhelm Rd Unit E Harrisburg, PA 2.0 1.0 900 $1,200 $1.33 44d 1 0.21mi
25 Sarhelm Rd Unit D Harrisburg, PA 2.0 1.0 950 $1,200 $1.26 24d 1 0.21mi

HOA detail

Monthly dues
$748 · $8,976/yr

Listing history 9 events

  1. 2026-06-01
    statusdays on market $68,000 Pending 34 DOM
  2. 2026-05-31
    days on market $68,000 Active 33 DOM
  3. 2026-05-31
    days on market $68,000 Active 32 DOM
  4. 2026-04-28
    listed $68,000 Active 1543-char remark
  5. 2015-03-18
    soldstatus $27,500 137-char remark
    Show marketing remark (137 chars)

    55+ community. West Hanover Twp. Updated 2 bedrooms, 2 baths, dining area, kitchen w/ apps, living room, laundry, sunroom. Move right in!

  6. 2015-02-28
    historical 137-char remark
    Show marketing remark (137 chars)

    55+ community. West Hanover Twp. Updated 2 bedrooms, 2 baths, dining area, kitchen w/ apps, living room, laundry, sunroom. Move right in!

  7. 2015-02-10
    listed $31,000 137-char remark
    Show marketing remark (137 chars)

    55+ community. West Hanover Twp. Updated 2 bedrooms, 2 baths, dining area, kitchen w/ apps, living room, laundry, sunroom. Move right in!

  8. 1997-08-08
    soldstatus $32,000
  9. 1988-02-04
    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
$211 · $18/mo
Projected year-2 tax
$643 · $54/mo
Expected delta
+$432/yr (+$36/mo · 204.2%)

ⓘ 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 5/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 3/10 Moderate 7% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$17,341
− Mortgage interest
−$3,809
− Property taxes
−$211
− Insurance
−$340
− Repairs & maintenance
−$1,387
− Management
−$1,387
− HOA
−$8,976
− Depreciation
−$1,978
Taxable loss
−$748
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$180
After-tax cash flow
$72/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
Central Dauphin SD
NCES district ID
4205400
Math proficiency
30% ▼ -12.00%
Reading proficiency
52% ▼ -7.00%
Median HH income
$62,792
Composite
36.46/100
National rank
#4664
State rank
#305 of 539 in PA

Livability — Paxtonia

Score
79/100
State rank
#233
US rank
#2016

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Dauphin County · 247,857 people
Metro
Harrisburg-Carlisle, PA
Population (ZIP)
38,502
Household income
$103,876
Rent vs Own
16.9% rent · 83.1% own
Severe rent burden
412.0

Population outlook (Dauphin County) Hauer SSP2

Today (2025)
281,628 people
By 2030
283,549 · +0.7%
By 2040
285,385 · +1.3%
By 2050
286,188 · +1.6%
By 2075
291,053 · +3.3%
By 2100
282,374 · +0.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (78%)
Race & ethnicity
White 78% Black 8% Asian 7% Hispanic / Latino 4% Two or more races 3%
Common ancestry
Romanian 3% Iranian 2% Lithuanian 2%
Foreign-born
9% · India, Canada, China
Languages at home
90% English-only · Other Indo-European 3% Spanish 1% Other Asian/Pacific 1%

Political lean MEDSL · Dauphin

2024 margin
Lean D (+5.9) · D 52.4% · R 46.5% · Other 1.1%
2008→2024 swing
-3.1pp toward R · 2008: 9.1pp · 2024: 5.9pp
All cycles
2024: D+5.9 2020: D+8.5 2016: D+2.8 2012: D+6.0 2008: D+9.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -207.10%
Current HPI
244.5366
Rent YoY
▲ 1.64%
Metro
Harrisburg-Carlisle, PA
State GDP YoY
▲ 1.68%
F500 in state
34

Industry mix (Fortune 500 HQ in PA)

Industry F500 HQs Revenue

Price history

+126.7% since first listed
7 events — show timeline
  • 2026-06-01 Pending BRIGHT MLS
  • 2026-04-28 Listed $68,000 BRIGHT MLS
  • 2015-03-18 Sold (MLS) $27,500 BRIGHT MLS
  • 2015-02-28 Listing Removed BRIGHT MLS
  • 2015-02-10 Listed $31,000 BRIGHT MLS
  • 1997-08-08 Sold (Public Records) $32,000 Public Records
  • 1988-02-04 Sold (Public Records) $30,000 Public Records

Property tax history

+2.2%/yr

Latest (2026): $211 · +5.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…