336 South Main St · Burnham, PA 17099

$150,000

3 bd · 2.0 ba · 2,199 sqft · Other public records · 59 Days on market

Built 1940 6,969 sqft lot $68/sqft · 31% below area Est $214k · 30% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.3/10.0
• Appreciation +7.0/10.0
• Livability +3.6/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Possibilities are endless. Currently being used as office space on main floor with a two bedroom apartment above. Current tenant has been a long term tenant of almost 30 years. Rent is $550. Could easily be converted back to a single family home or a two unit residential rental, with only a main floor full bath needed. Currently only a half but recently remodeled.

Key facts

• 6,969 sq ft lot
• Built 1940
• Listed 59 days

🏷️ Possibly a rental listed for sale. The $150,000 price doesn't fit this home's estimated sale value (~$214,059) 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/2.0-bath other listed at $150k.

Deal economics

• At list price, monthly cash flow is $158 ($2k/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: $146k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#634 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools F, amenities F, commute F.
• Mifflin County SD (town): math 28% / reading 49% proficiency, ranked #380 of 539 in PA (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 13 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 58 units permitted in Mifflin County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $7k of equity ($1k loan paydown + $6k appreciation (4.1% local appreciation)).
• Mifflin County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.1% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 59 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; list at $150k implies a 200% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $460/mo; built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 59 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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: 1.33% ✓
• Cap rate: 11.24%
• Cash-on-cash: 17.68%
• DSCR: 1.79
• GRM: 6.2

CMA / ARV

• ARV (median comp): $214,059
• List price: $150,000
• Delta: -29.93%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

4.08% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.6%
• Equity multiple: 1.88×
• Total profit: $37,148
• Equity at exit: $76,732

10-year hold

• IRR: 15.7%
• Equity multiple: 3.58×
• Total profit: $108,208
• Equity at exit: $126,046

Cash invested: $42,000 (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 17099

• Home prices YoY: 1.7%
• Active inventory: 13
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,000 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$112 /mo · $1,346/yr
• Insurance: −$62
• Flood insurance flood zone: −$460 /mo · $5,525/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $158

Break-even live

Break-even rent $1,800

Max offer price $150,000

Occupancy floor 87%

Sensitivity live

Price	-10% $243	-5% $201	+0% $158	+5% $116	+10% $73
Rent	-10% $0	-5% $79	+0% $158	+5% $237	+10% $316
Rate	-1.0pp $234	-0.5pp $196	base $158	+0.5pp $119	+1.0pp $80

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
203 4th Ave Burnham, PA	3.0	2.0	1960	$2,000	$1.02	44d	1	0.35mi

Listing history 7 events

1. 2026-05-09
   status Pending 366-char remark

   Show marketing remark (366 chars)

   Possibilities are endless. Currently being used as office space on main floor with a two bedroom apartment above. Current tenant has been a long term tenant of almost 30 years. Rent is $550. Could easily be converted back to a single family home or a two unit residential rental, with only a main floor full bath needed. Currently only a half but recently remodeled.

2. 2026-05-04
   status Pending 366-char remark

   Show marketing remark (366 chars)

   Possibilities are endless. Currently being used as office space on main floor with a two bedroom apartment above. Current tenant has been a long term tenant of almost 30 years. Rent is $550. Could easily be converted back to a single family home or a two unit residential rental, with only a main floor full bath needed. Currently only a half but recently remodeled.

3. 2026-04-01
   price $150,000 366-char remark

   Show marketing remark (366 chars)

   Possibilities are endless. Currently being used as office space on main floor with a two bedroom apartment above. Current tenant has been a long term tenant of almost 30 years. Rent is $550. Could easily be converted back to a single family home or a two unit residential rental, with only a main floor full bath needed. Currently only a half but recently remodeled.

4. 2026-04-01
   price $150,000 366-char remark

   Show marketing remark (366 chars)

   Possibilities are endless. Currently being used as office space on main floor with a two bedroom apartment above. Current tenant has been a long term tenant of almost 30 years. Rent is $550. Could easily be converted back to a single family home or a two unit residential rental, with only a main floor full bath needed. Currently only a half but recently remodeled.

5. 2026-03-11
   listed $165,000 Active 366-char remark

   Show marketing remark (366 chars)

   Possibilities are endless. Currently being used as office space on main floor with a two bedroom apartment above. Current tenant has been a long term tenant of almost 30 years. Rent is $550. Could easily be converted back to a single family home or a two unit residential rental, with only a main floor full bath needed. Currently only a half but recently remodeled.

6. 2026-03-04
   listed $165,000 Active 366-char remark

   Show marketing remark (366 chars)

   Possibilities are endless. Currently being used as office space on main floor with a two bedroom apartment above. Current tenant has been a long term tenant of almost 30 years. Rent is $550. Could easily be converted back to a single family home or a two unit residential rental, with only a main floor full bath needed. Currently only a half but recently remodeled.

7. 2022-04-12
   soldstatus $50,000

ⓘ 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: $1,346 · $112/mo
• Projected year-2 tax: $1,858 · $155/mo
• Expected delta: +$512/yr (+$43/mo · 38.1%)

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone AE · 92% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 8 d/yr ≥98°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 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,000
• − Mortgage interest: −$8,402
• − Property taxes: −$1,346
• − Insurance: −$6,275
• − Repairs & maintenance: −$1,920
• − Management: −$1,920
• − Depreciation: −$4,364
• Taxable loss: −$227
• Est. tax savings @ 24.0%: +$54
• After-tax cash flow: $1,954/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: Mifflin County SD
• NCES district ID: 4215290
• Math proficiency: 28% ▼ -7.00%
• Reading proficiency: 49% ▼ -9.00%
• Median HH income: $40,718
• Composite: 32.28/100
• National rank: #5755
• State rank: #380 of 539 in PA

Livability — Burnham

• Score: 72/100
• State rank: #634
• US rank: #6172

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 2,804
• Population (ZIP): 1,122

Population outlook (Mifflin County) Hauer SSP2

• Today (2025): 44,611 people
• By 2030: 43,212 · -3.1%
• By 2040: 40,197 · -9.9%
• By 2050: 36,813 · -17.5%
• By 2075: 28,833 · -35.4%
• By 2100: 20,296 · -54.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (100%)
• Race & ethnicity: White 100%
• Common ancestry: Portuguese 5% Romanian 2% Iranian 2%

Political lean MEDSL · Mifflin

• 2024 margin: Solid R (+56.4) · D 21.4% · R 77.9%
• 2008→2024 swing: -22.8pp toward R · 2008: -33.7pp · 2024: -56.4pp
• All cycles: 2024: R+56.4 2020: R+56.1 2016: R+57.5 2012: R+46.8 2008: R+33.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.08%
• Current HPI: 240.0488
• 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

+200.0% since first listed

7 events — show timeline

• 2026-05-09 Pending — BRIGHT MLS
• 2026-05-04 Pending — BRIGHT MLS
• 2026-04-01 Price Changed $150,000 BRIGHT MLS
• 2026-04-01 Price Changed $150,000 BRIGHT MLS
• 2026-03-11 Listed $165,000 BRIGHT MLS
• 2026-03-04 Listed $165,000 BRIGHT MLS
• 2022-04-12 Sold (Public Records) $50,000 Public Records

Property tax history

+0.7%/yr

Latest (2026): $1,346 · +0.8% YoY. Source: county tax records.