336 Parsons Rd · Chenango Bridge, NY 13746

$50,000

2 bd · 1.0 ba · 980 sqft · Manufactured public records · 106 Days on market

Built 1986 1.30 ac lot

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Why this score? — see what drove the A- 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
• Appreciation +9.5/10.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Invest in Chenango Forks, NY-CASH ONLY buyers. Buying without inside tours. Value is in location and land. Well and septic installed with trailer when it was new in 1986. Selling AS IS- WHERE IS. NO OWNER FINANCING and NO RENT TO OWN. 1986 single wide trailer situated on 1.3 acres on Parsons Rd off Route 12 in the Town of Barker. Property located at the end of Parsons Rd. See aerial view in the photos. Nashua model trailer appx 14x72 on piers. Open concept living, kitchen and dining space with a fireplace. Sellers parents bought the trailer new in 1986. Abstract on file. Photos provided by the seller prior to the current tenant occupancy. No inside access. OCCUPIED. Do not disturb tenants. Taxes & sq ft appx.

Key facts

• Open concept
• End of parsons rd
• Nashua model trailer

Tags

• 1.3 ACRES
• END OF PARSONS RD
• NASHUA MODEL TRAILER
• OPEN CONCEPT
• FIREPLACE

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $50k.

Deal economics

• At list price, monthly cash flow is $288 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($915 rent vs $50k).
• Recommended offer: $46k (9.0% below list) — sets the bar for market timing.
• Cap rate 14.8% vs local median 4.0% in Chenango Bridge — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 69/100 on livability (#505 in NY) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A-, employment B+; Watch: schools D+, amenities F, commute F.
• Chenango Forks Central School District (suburban): math 47% / reading 61% proficiency, ranked #317 of 590 in NY (top 54%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 13 active listings in the ZIP; 340 units permitted in Broome County in 2024 (269 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($346 loan paydown + $4k appreciation (9.0% local appreciation)).
• Broome County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (9.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 106 days — a 9% lower offer ($46k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $45,500 (9.0% below list)

Questions for the listing agent

1. It's been on market 106 days. Have you received any prior offers? Is the seller open to a 9% 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 D-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: 1.83% ✓
• Cap rate: 14.79%
• Cash-on-cash: 30.36%
• DSCR: 2.35
• GRM: 4.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

8.97% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 41.2%
• Equity multiple: 4.01×
• Total profit: $42,144
• Equity at exit: $41,340

10-year hold

• IRR: 36.2%
• Equity multiple: 8.79×
• Total profit: $109,129
• Equity at exit: $85,484

Cash invested: $14,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 13746

• Home prices YoY: 2.8%
• Active inventory: 13
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $915 medium
• Mortgage (P&I): −$262
• Tax from tax record: −$86 /mo · $1,032/yr
• Insurance: −$21
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$192
• Net cashflow: $288

Break-even live

Break-even rent $551

Max offer price $50,000

Occupancy floor 64%

Sensitivity live

Price	-10% $316	-5% $302	+0% $288	+5% $274	+10% $259
Rent	-10% $215	-5% $252	+0% $288	+5% $324	+10% $360
Rate	-1.0pp $313	-0.5pp $300	base $288	+0.5pp $275	+1.0pp $262

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: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-19
   days on market $50,000 Active 106 DOM
2. 2026-06-18
   days on market $50,000 Active 105 DOM
3. 2026-06-17
   days on market $50,000 Active 104 DOM
4. 2026-06-16
   days on market $50,000 Active 103 DOM
5. 2026-06-15
   days on market $50,000 Active 102 DOM
6. 2026-06-14
   days on market $50,000 Active 100 DOM
7. 2026-06-13
   days on market $50,000 Active 99 DOM
8. 2026-06-10
   days on market $50,000 Active 97 DOM
9. 2026-06-09
   days on market $50,000 Active 96 DOM
10. 2026-06-08
    days on market $50,000 Active 95 DOM
11. 2026-06-07
    days on market $50,000 Active 94 DOM
12. 2026-06-05
    days on market $50,000 Active 91 DOM
13. 2026-06-02
    days on market $50,000 Active 89 DOM
14. 2026-06-01
    days on market $50,000 Active 88 DOM
15. 2026-05-31
    days on market $50,000 Active 87 DOM
16. 2026-05-30
    days on market $50,000 Active 86 DOM
17. 2026-03-05
    listed $50,000 Active 726-char remark

    Show marketing remark (726 chars)

    Invest in Chenango Forks, NY-CASH ONLY buyers. Buying without inside tours. Value is in location and land. Well and septic installed with trailer when it was new in 1986. Selling AS IS- WHERE IS. NO OWNER FINANCING and NO RENT TO OWN. 1986 single wide trailer situated on 1.3 acres on Parsons Rd off Route 12 in the Town of Barker. Property located at the end of Parsons Rd. See aerial view in the photos. Nashua model trailer appx 14x72 on piers. Open concept living, kitchen and dining space with a fireplace. Sellers parents bought the trailer new in 1986. Abstract on file. Photos provided by the seller prior to the current tenant occupancy. No inside access. OCCUPIED. Do not disturb tenants. Taxes & sq ft appx.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $1,032 · $86/mo
• Projected year-2 tax: $1,032 · $86/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 10/10 Extreme FEMA zone X · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥93°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,985
• − Mortgage interest: −$2,801
• − Property taxes: −$1,032
• − Insurance: −$1,048
• − Repairs & maintenance: −$879
• − Management: −$879
• − Depreciation: −$1,455
• Taxable income: $2,893
• Est. tax owed @ 24.0%: −$694
• After-tax cash flow: $2,758/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: Chenango Forks Central School District
• NCES district ID: 3607260
• Math proficiency: 47% ▼ -10.00%
• Reading proficiency: 61% ▲ 8.00%
• Median HH income: $54,346
• Composite: 46.46/100
• National rank: #2442
• State rank: #317 of 590 in NY

Livability — Chenango Bridge

• Score: 69/100
• State rank: #505
• US rank: #8828

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 2,432

Population outlook (Broome County) Hauer SSP2

• Today (2025): 187,989 people
• By 2030: 183,066 · -2.6%
• By 2040: 172,228 · -8.4%
• By 2050: 163,161 · -13.2%
• By 2075: 153,641 · -18.3%
• By 2100: 140,851 · -25.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 11%
• Common ancestry: Romanian 7% Iranian 3% Italian 2%
• Foreign-born: 0%
• Languages at home: 99% English-only · Other Asian/Pacific 1%

Political lean MEDSL · Broome

• 2024 margin: Toss-up / Even · D 50.2% · R 49.8%
• 2008→2024 swing: -7.6pp toward R · 2008: 8.0pp · 2024: 0.4pp
• All cycles: 2024: D+0.4 2020: D+3.5 2016: R+3.7 2012: D+4.6 2008: D+8.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.97%
• Current HPI: 327.2388
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

1 event — show timeline

• 2026-03-05 Listed $50,000 GBAOR

Property tax history

+0.2%/yr

Latest (2025): $1,032 · -1.8% YoY. Source: county tax records.