84 Erle Ave · Londonderry, PA 17022

$124,900

3 bd · 2.0 ba · 880 sqft · SingleFamily · 10 Days on market

Built 2026 Good condition 4,000 sqft lot

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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 +29.1/30.0
• DSCR +10.0/10.0
• 1% rule +8.1/10.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• Rent growth +4.1/5.0
• Condition / age +4.0/5.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Brand new contemporary home with grey cabinets and stainless steel appliances. The single floor plan offers 3 beds, and 2 full baths with a separate area for laundry. Full covered porch is the perfect entertaining spot or coffee retreat and can be screened in for added comfort. This home package includes central air, gutters & downspouts, concrete parking pad for off street parking and graded lot. located minutes from Harrisburg International Airport, with local access to Amtrak. Easy access to 743, 30, 283, 81, 83 and 76. Central A/C installed after closing. New construction builder's one-year warranty. Not yet tax assessed. Lot fees apply. See disclosures in documents for community

Key facts

• Grey cabinets
• Full covered porch
• Contemporary home

Tags

• CONTEMPORARY HOME
• GREY CABINETS
• STAINLESS STEEL APPLIANCES
• FULL COVERED PORCH
• CENTRAL AIR
• CONCRETE PARKING PAD

Property features AI

Finance

• Other: Property manager present; Irrigation water rights; Pets allowed (cats and dogs allowed with a number limit)
• Financial info: Monthly land lease: $650; Land lease years remaining: 0
• HOA & community: Land lease fee (listed separately)

Exterior

• Parking: Paved off-street parking with 2 spaces (total 2 garage/parking spaces)
• Utilities: Private/community water; Community septic tank
• Home design: Manufactured home; Single wide (14' x 70'); Model ERH-70F-151-STD; Estimated year built; Construction not completed (per data); Not in a federal flood zone; Land lease ownership
• Construction: Vinyl siding; Shingle pitched roof; Block foundation
• Exterior features: Gutter system; Above-grade other structures

Interior

• Kitchen: Built-in microwave; Built-in range; Dishwasher; ENERGY STAR refrigerator; Gas oven/range; Eat-in kitchen with breakfast area
• Bedrooms: 3 bedrooms on the main level; Master bedroom
• Bathrooms: 2 full bathrooms (including 2 full on main level)
• Heating & cooling: Forced air heating (natural gas); Central air conditioning; 100 amp electric service; Electric hot water
• Interior features: Stall shower and tub/shower combination; Breakfast area; Built-in shelving; Ceiling fans; Open floor plan; Eat-in kitchen; Master bathroom; Walk-in closet(s); Window treatments; Crown moldings; Upgraded countertops
• Laundry & utility: Laundry on main floor

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $125k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $365 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Lower Dauphin SD (suburban): math 45% / reading 59% proficiency, ranked #130 of 539 in PA (top 24%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
• Zoned schools: Lower Dauphin Hs (math 82%, 1,085 students, 22% FRL) — zoned schools at 22% FRL track the district average.
• Market conditions: Rents rising fast (+6.5%/yr); 202 active listings in the ZIP; solid renter incomes; 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 6.5% rent growth), your $35k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $124,900

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.31% ✓
• Cap rate: 10.44%
• Cash-on-cash: 14.80%
• DSCR: 1.66
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $37,840
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
230 Rim Rd	0.42mi	2/1.0 (-1)	938 (+7%)	8mo	$39,880	$43	53

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 · 6.52% rent growth · sell at horizon

5-year hold

• IRR: 6.4%
• Equity multiple: 1.26×
• Total profit: $9,078
• Equity at exit: $18,623

10-year hold

• IRR: 18.8%
• Equity multiple: 2.85×
• Total profit: $64,609
• Equity at exit: $10,799

Cash invested: $34,972 (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 17022

• Home prices YoY: -29.0%
• Rents YoY: 6.5%
• Active inventory: 202
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,639 medium
• Mortgage (P&I): −$655
• Tax est. 1.5%: −$156 /mo · $1,874/yr
• Insurance: −$52
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$344
• Net cashflow: $365

Break-even live

Break-even rent $1,177

Max offer price $124,900

Occupancy floor 73%

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-18
   days on market $124,900 Active 10 DOM
2. 2026-06-17
   days on market $124,900 Active 9 DOM
3. 2026-06-16
   days on market $124,900 Active 8 DOM
4. 2026-06-15
   days on market $124,900 Active 7 DOM
5. 2026-06-14
   days on market $124,900 Active 5 DOM
6. 2026-06-13
   days on market $124,900 Active 4 DOM
7. 2026-06-10
   days on market $124,900 Active 2 DOM
8. 2026-06-09
   remarks 695-char remark
9. 2026-06-09
   listed $124,900 Active 1 DOM

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 99% 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 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,664
• − Mortgage interest: −$6,996
• − Property taxes: −$1,874
• − Insurance: −$1,422
• − Repairs & maintenance: −$1,573
• − Management: −$1,573
• − Depreciation: −$3,633
• Taxable income: $2,592
• Est. tax owed @ 24.0%: −$622
• After-tax cash flow: $3,757/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.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab

This brand new single-family home is move-in ready with updated interiors and exteriors, offering a good investment opportunity.

Value-add opportunities

• Both Landscaping and porch area — Enhances curb appeal and provides a welcoming entrance.
• Both New flooring — Improves aesthetics and durability.
• Both New kitchen and bath fixtures — Updates the home's functionality and appeal for potential buyers/renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping and porch area — Enhances curb appeal and provides a welcoming entrance. ↑
• Both New flooring — Improves aesthetics and durability. ↑
• Both New kitchen and bath fixtures — Updates the home's functionality and appeal for potential buyers/renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Lower Dauphin SD
• NCES district ID: 4214100
• Math proficiency: 45% ▼ -10.00%
• Reading proficiency: 59% ▼ -13.00%
• Median HH income: $67,760
• Composite: 46.09/100
• National rank: #2513
• State rank: #130 of 539 in PA

Livability — Londonderry

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

Census & demographics

• County: Lancaster County · 390,309 people
• Metro: Lancaster, PA
• Population (ZIP): 31,908
• Household income: $86,767
• Rent vs Own: 31.8% rent · 68.2% own
• Severe rent burden: 1404.0

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 (89%)
• Race & ethnicity: White 89% Hispanic / Latino 6% Two or more races 4% Black 1% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Romanian 4% Lithuanian 2% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 2% 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: ▼ -108.73%
• Current HPI: 266.3184
• Rent YoY: ▲ 6.52%
• Metro: Lancaster, PA
• 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

• 2026-06-08 Listed $124,900 BRIGHT MLS