501 Walnut St · Sunbury, PA 17801

$99,500

1 bd · 1.0 ba · 702 sqft · Other · 81 Days on market

Built 1920 3,500 sqft lot

---

Why this score? — see what drove the C+ 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 +26.5/30.0
• DSCR +9.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.2/10.0
• Livability +3.8/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 501 Walnut Street, Sunbury! In the heart of Sunbury, this charming 1-bedroom, 1-bathroom single-family home at 501 Walnut Street has both comfort and convenience. With 702 square feet of living space, this home is on a spacious corner lot with a fenced-in yard and lots of opportunity. The living area features modern ceiling fans and the layout is well designed to maximize every square foot. The built-in 1-car garage ensures your vehicle stays protected from the elements and the front porch offers views of the neighborhood. There is also tons of potential space in the lower level to add another bedroom or office area. Don't miss this opportunity in Sunbury! Schedule a viewing today.

Key facts

• 3,500 sq ft lot
• Garage
• Built 1920

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath other listed at $100k.

Deal economics

• At list price, monthly cash flow is $207 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $94k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.5% vs local median 7.1% in Sunbury — 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 76/100 on livability (#374 in PA, #3,298 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools C-, amenities F, commute F.
• Shikellamy SD (town): math 33% / reading 47% proficiency, ranked #362 of 539 in PA (top 67%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 43 active listings in the ZIP; 81 units permitted in Northumberland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $688 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Northumberland County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 81 days — a 6% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 15y ago; this cycle's ask has dropped $15k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; extreme-heat days projected 8→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $93,530 (6.0% below list)

Questions for the listing agent

1. It's been on market 81 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1920 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.12% ✓
• Cap rate: 9.46%
• Cash-on-cash: 11.32%
• DSCR: 1.50
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -2.8%
• Equity multiple: 0.90×
• Total profit: $-2,917
• Equity at exit: $14,836

10-year hold

• IRR: 6.9%
• Equity multiple: 1.52×
• Total profit: $14,487
• Equity at exit: $8,603

Cash invested: $27,860 (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 17801

• Home prices YoY: -18.4%
• Active inventory: 43
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,115 medium
• Mortgage (P&I): −$522
• Tax from tax record: −$55 /mo · $655/yr
• Insurance: −$41
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$234
• Net cashflow: $207

Break-even live

Break-even rent $852

Max offer price $99,500

Occupancy floor 76%

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: $24,875
• Closing costs: $2,985
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2024-10-20
   status Pending
2. 2024-04-03
   soldstatus $99,500
3. 2024-03-29
   soldstatus $99,500 Closed 702-char remark

   Show marketing remark (702 chars)

   Welcome to 501 Walnut Street, Sunbury! In the heart of Sunbury, this charming 1-bedroom, 1-bathroom single-family home at 501 Walnut Street has both comfort and convenience. With 702 square feet of living space, this home is on a spacious corner lot with a fenced-in yard and lots of opportunity. The living area features modern ceiling fans and the layout is well designed to maximize every square foot. The built-in 1-car garage ensures your vehicle stays protected from the elements and the front porch offers views of the neighborhood. There is also tons of potential space in the lower level to add another bedroom or office area. Don't miss this opportunity in Sunbury! Schedule a viewing today.

4. 2024-02-26
   status Pending 702-char remark

   Show marketing remark (702 chars)

   Welcome to 501 Walnut Street, Sunbury! In the heart of Sunbury, this charming 1-bedroom, 1-bathroom single-family home at 501 Walnut Street has both comfort and convenience. With 702 square feet of living space, this home is on a spacious corner lot with a fenced-in yard and lots of opportunity. The living area features modern ceiling fans and the layout is well designed to maximize every square foot. The built-in 1-car garage ensures your vehicle stays protected from the elements and the front porch offers views of the neighborhood. There is also tons of potential space in the lower level to add another bedroom or office area. Don't miss this opportunity in Sunbury! Schedule a viewing today.

5. 2024-02-17
   price $99,500

   Show marketing remark (702 chars)

   Welcome to 501 Walnut Street, Sunbury! In the heart of Sunbury, this charming 1-bedroom, 1-bathroom single-family home at 501 Walnut Street has both comfort and convenience. With 702 square feet of living space, this home is on a spacious corner lot with a fenced-in yard and lots of opportunity. The living area features modern ceiling fans and the layout is well designed to maximize every square foot. The built-in 1-car garage ensures your vehicle stays protected from the elements and the front porch offers views of the neighborhood. There is also tons of potential space in the lower level to add another bedroom or office area. Don't miss this opportunity in Sunbury! Schedule a viewing today.

6. 2024-02-17
   price $99,500 702-char remark

   Show marketing remark (702 chars)

   Welcome to 501 Walnut Street, Sunbury! In the heart of Sunbury, this charming 1-bedroom, 1-bathroom single-family home at 501 Walnut Street has both comfort and convenience. With 702 square feet of living space, this home is on a spacious corner lot with a fenced-in yard and lots of opportunity. The living area features modern ceiling fans and the layout is well designed to maximize every square foot. The built-in 1-car garage ensures your vehicle stays protected from the elements and the front porch offers views of the neighborhood. There is also tons of potential space in the lower level to add another bedroom or office area. Don't miss this opportunity in Sunbury! Schedule a viewing today.

7. 2024-01-04
   price $99,900 702-char remark

   Show marketing remark (702 chars)

   Welcome to 501 Walnut Street, Sunbury! In the heart of Sunbury, this charming 1-bedroom, 1-bathroom single-family home at 501 Walnut Street has both comfort and convenience. With 702 square feet of living space, this home is on a spacious corner lot with a fenced-in yard and lots of opportunity. The living area features modern ceiling fans and the layout is well designed to maximize every square foot. The built-in 1-car garage ensures your vehicle stays protected from the elements and the front porch offers views of the neighborhood. There is also tons of potential space in the lower level to add another bedroom or office area. Don't miss this opportunity in Sunbury! Schedule a viewing today.

8. 2024-01-04
   price $99,900

   Show marketing remark (702 chars)

   Welcome to 501 Walnut Street, Sunbury! In the heart of Sunbury, this charming 1-bedroom, 1-bathroom single-family home at 501 Walnut Street has both comfort and convenience. With 702 square feet of living space, this home is on a spacious corner lot with a fenced-in yard and lots of opportunity. The living area features modern ceiling fans and the layout is well designed to maximize every square foot. The built-in 1-car garage ensures your vehicle stays protected from the elements and the front porch offers views of the neighborhood. There is also tons of potential space in the lower level to add another bedroom or office area. Don't miss this opportunity in Sunbury! Schedule a viewing today.

9. 2023-11-13
   price $102,900 702-char remark

   Show marketing remark (702 chars)

   Welcome to 501 Walnut Street, Sunbury! In the heart of Sunbury, this charming 1-bedroom, 1-bathroom single-family home at 501 Walnut Street has both comfort and convenience. With 702 square feet of living space, this home is on a spacious corner lot with a fenced-in yard and lots of opportunity. The living area features modern ceiling fans and the layout is well designed to maximize every square foot. The built-in 1-car garage ensures your vehicle stays protected from the elements and the front porch offers views of the neighborhood. There is also tons of potential space in the lower level to add another bedroom or office area. Don't miss this opportunity in Sunbury! Schedule a viewing today.

10. 2023-10-22
    price $109,900 702-char remark

    Show marketing remark (702 chars)

    Welcome to 501 Walnut Street, Sunbury! In the heart of Sunbury, this charming 1-bedroom, 1-bathroom single-family home at 501 Walnut Street has both comfort and convenience. With 702 square feet of living space, this home is on a spacious corner lot with a fenced-in yard and lots of opportunity. The living area features modern ceiling fans and the layout is well designed to maximize every square foot. The built-in 1-car garage ensures your vehicle stays protected from the elements and the front porch offers views of the neighborhood. There is also tons of potential space in the lower level to add another bedroom or office area. Don't miss this opportunity in Sunbury! Schedule a viewing today.

11. 2023-10-05
    listed $114,900 Active 702-char remark

    Show marketing remark (702 chars)

    Welcome to 501 Walnut Street, Sunbury! In the heart of Sunbury, this charming 1-bedroom, 1-bathroom single-family home at 501 Walnut Street has both comfort and convenience. With 702 square feet of living space, this home is on a spacious corner lot with a fenced-in yard and lots of opportunity. The living area features modern ceiling fans and the layout is well designed to maximize every square foot. The built-in 1-car garage ensures your vehicle stays protected from the elements and the front porch offers views of the neighborhood. There is also tons of potential space in the lower level to add another bedroom or office area. Don't miss this opportunity in Sunbury! Schedule a viewing today.

12. 2023-10-04
    listed $102,900 Active
13. 2017-11-14
    soldstatus $68,000
14. 2017-11-09
    soldstatus $68,000 321-char remark

    Show marketing remark (321 chars)

    Turn Key Starter home! Recently renovated throughout! Kitchen remodeled, all new flooring, New insulation, newer roof, hot water heater, electric, plumbing. .. .nothing to do but move in this adorable, low maintenance home! Call Wendy for a showing today 570-847-4773!! Square footage taken from county assess card.

15. 2017-07-31
    listed $69,900 321-char remark

    Show marketing remark (321 chars)

    Turn Key Starter home! Recently renovated throughout! Kitchen remodeled, all new flooring, New insulation, newer roof, hot water heater, electric, plumbing. .. .nothing to do but move in this adorable, low maintenance home! Call Wendy for a showing today 570-847-4773!! Square footage taken from county assess card.

16. 2014-10-10
    soldstatus $57,500
17. 2012-06-11
    soldstatus $46,900
18. 2012-06-08
    soldstatus $46,900
19. 2011-10-06
    listed $46,900

ⓘ 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: $655 · $55/mo
• Projected year-2 tax: $1,113 · $93/mo
• Expected delta: +$459/yr (+$38/mo · 70.1%)

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 77% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 8 d/yr ≥97°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,376
• − Mortgage interest: −$5,574
• − Property taxes: −$655
• − Insurance: −$1,164
• − Repairs & maintenance: −$1,070
• − Management: −$1,070
• − Depreciation: −$2,895
• Taxable income: $949
• Est. tax owed @ 24.0%: −$228
• After-tax cash flow: $2,259/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: Shikellamy SD
• NCES district ID: 4221540
• Math proficiency: 33% ▼ -8.00%
• Reading proficiency: 47% ▼ -12.00%
• Median HH income: $41,227
• Composite: 33.6/100
• National rank: #5415
• State rank: #362 of 539 in PA

Livability — Sunbury

• Score: 76/100
• State rank: #374
• US rank: #3298

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sunbury, PA
• Population (ZIP): 16,229

Population outlook (Northumberland County) Hauer SSP2

• Today (2025): 90,896 people
• By 2030: 89,084 · -2.0%
• By 2040: 84,822 · -6.7%
• By 2050: 80,521 · -11.4%
• By 2075: 72,152 · -20.6%
• By 2100: 62,257 · -31.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Two or more races 5% Black 2%
• Hispanic origin (detail): Puerto Rican 5%
• Common ancestry: Romanian 3% Polish 3% Iranian 3%
• Foreign-born: 0%
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Northumberland

• 2024 margin: Solid R (+39.9) · D 29.6% · R 69.5%
• 2008→2024 swing: -26.1pp toward R · 2008: -13.8pp · 2024: -39.9pp
• All cycles: 2024: R+39.9 2020: R+38.5 2016: R+43.6 2012: R+19.4 2008: R+13.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -35.78%
• Current HPI: 158.7449
• 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

+112.2% since first listed

19 events — show timeline

• 2024-10-20 Pending — WBVAR
• 2024-04-03 Sold (Public Records) $99,500 Public Records
• 2024-03-29 Sold (MLS) $99,500 BRIGHT MLS
• 2024-02-26 Pending — BRIGHT MLS
• 2024-02-17 Price Changed $99,500 WBVAR
• 2024-02-17 Price Changed $99,500 BRIGHT MLS
• 2024-01-04 Price Changed $99,900 BRIGHT MLS
• 2024-01-04 Price Changed $99,900 WBVAR
• 2023-11-13 Price Changed $102,900 BRIGHT MLS
• 2023-10-22 Price Changed $109,900 BRIGHT MLS
• 2023-10-05 Listed $114,900 BRIGHT MLS
• 2023-10-04 Listed $102,900 WBVAR
• 2017-11-14 Sold (Public Records) $68,000 Public Records
• 2017-11-09 Sold (MLS) $68,000 CSVBR
• 2017-07-31 Listed $69,900 CSVBR
• 2014-10-10 Sold (Public Records) $57,500 Public Records
• 2012-06-11 Sold (Public Records) $46,900 Public Records
• 2012-06-08 Sold (MLS) $46,900 CSVBR
• 2011-10-06 Listed $46,900 CSVBR

Property tax history

+1.7%/yr

Latest (2026): $655 · +0.0% YoY. Source: county tax records.