609 Trout Run Rd · Punxsutawney, PA 15767

$225,000

4 bd · 1.0 ba · 1,072 sqft · SingleFamily public records · 3 Days on market

Built 1900 5.00 ac lot

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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 +15.0/30.0
• ARV discount +7.5/15.0
• DSCR +4.6/10.0
• Schools +4.0/10.0
• Livability +4.0/5.0
• 1% rule +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

FIVE Prime Acres on a Corner Lot with room for Pasture, Yard and the Home Site. This Home has 4 Bedrooms, 1-Bath. Detached 20' x 30' Machine Shed / Garage is an added plus. FREE GAS Per Existing Lease. All OGM Rights Owned will Transfer with Sale.

Key facts

• Ogm rights owned
• Corner lot
• 5 acre lot

Tags

• CORNER LOT
• DETACHED MACHINE SHED
• OGM RIGHTS OWNED

Property features AI

Exterior

• Parking: Off-street parking
• Utilities: Private well water; Septic tank sewage
• Home design: Two-story frame home; Composition roof; Resale property
• Construction: Frame construction; Composition roof
• Exterior features: Off-street parking; 5-acre lot

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating; Gas heating
• Interior features: Has basement; Two wood-burning fireplaces

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $71 ($848/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $182k (19.0% below list).
• Recommended offer: $182k (19.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 80/100 on livability (#219 in PA, #1,934 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D-.
• Punxsutawney Area SD (town): math 43% / reading 53% proficiency, ranked #239 of 539 in PA (top 44%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 46 active listings in the ZIP; 41 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Jefferson County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $54k; list at $225k implies a 317% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $182,152 (19.0% below list)

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.81% ✗
• Cap rate: 6.67%
• Cash-on-cash: 1.35%
• DSCR: 1.06
• GRM: 10.3

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: -14.2%
• Equity multiple: 0.49×
• Total profit: $-32,047
• Equity at exit: $33,548

10-year hold

• IRR: -5.5%
• Equity multiple: 0.64×
• Total profit: $-22,467
• Equity at exit: $19,454

Cash invested: $63,000 (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 15767

• Home prices YoY: -12.9%
• Active inventory: 46
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,822 medium
• Mortgage (P&I): −$1,180
• Tax from tax record: −$95 /mo · $1,136/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $71

Break-even live

Break-even rent $1,732

Max offer price $225,000

Occupancy floor 91%

Sensitivity live

Price	-10% $198	-5% $134	+0% $71	+5% $7	+10% $-57
Rent	-10% $-73	-5% $-1	+0% $71	+5% $143	+10% $215
Rate	-1.0pp $184	-0.5pp $128	base $71	+0.5pp $12	+1.0pp $-47

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-21
   days on market $225,000 Active 3 DOM
2. 2026-06-17
   pricestatusdays on marketlisting id $225,000 Active 1 DOM
3. 2026-06-17
   days on market $277,000 Contingent 390 DOM
4. 2026-06-16
   days on market $277,000 Contingent 389 DOM
5. 2026-06-15
   days on market $277,000 Contingent 388 DOM
6. 2026-06-13
   days on market $277,000 Contingent 386 DOM
7. 2026-06-12
   days on market $277,000 Contingent 385 DOM
8. 2026-06-09
   days on market $277,000 Contingent 382 DOM
9. 2026-06-08
   days on market $277,000 Contingent 381 DOM
10. 2026-06-08
    days on market $277,000 Contingent 380 DOM
11. 2026-06-07
    days on market $277,000 Contingent 379 DOM
12. 2026-06-04
    days on market $277,000 Contingent 376 DOM
13. 2026-06-02
    days on market $277,000 Contingent 375 DOM
14. 2026-06-01
    days on market $277,000 Contingent 374 DOM
15. 2026-05-31
    days on market $277,000 Contingent 373 DOM
16. 2026-01-27
    historical Contingent
17. 2025-12-04
    price $277,000
18. 2025-11-10
    price $297,000
19. 2025-09-10
    price $299,000
20. 2025-08-04
    price $320,000
21. 2025-05-23
    listed $325,000 Active
22. 1999-02-17
    soldstatus $54,000

ⓘ 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: $1,136 · $95/mo
• Projected year-2 tax: $2,346 · $195/mo
• Expected delta: +$1,209/yr (+$101/mo · 106.4%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥92°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,858
• − Mortgage interest: −$12,603
• − Property taxes: −$1,136
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,749
• − Management: −$1,749
• − Depreciation: −$6,545
• Taxable loss: −$3,049
• Est. tax savings @ 24.0%: +$732
• After-tax cash flow: $1,580/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: Punxsutawney Area SD
• NCES district ID: 4219800
• Math proficiency: 43% ▲ 1.00%
• Reading proficiency: 53% ▼ -8.00%
• Median HH income: $40,610
• Composite: 40.19/100
• National rank: #3787
• State rank: #239 of 539 in PA

Livability — Punxsutawney

• Score: 80/100
• State rank: #219
• US rank: #1934

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 14,136

Population outlook (Jefferson County) Hauer SSP2

• Today (2025): 42,134 people
• By 2030: 40,512 · -3.8%
• By 2040: 36,747 · -12.8%
• By 2050: 32,755 · -22.3%
• By 2075: 24,402 · -42.1%
• By 2100: 16,398 · -61.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (97%)
• Race & ethnicity: White 97% Two or more races 2%
• Common ancestry: Romanian 4% Polish 3% Iranian 2%
• Foreign-born: 0%
• Languages at home: 93% English-only · German/W. Germanic 6%

Political lean MEDSL · Jefferson

• 2024 margin: Solid R (+58.5) · D 20.4% · R 78.8%
• 2008→2024 swing: -28.7pp toward R · 2008: -29.8pp · 2024: -58.5pp
• All cycles: 2024: R+58.5 2020: R+58.9 2016: R+59.8 2012: R+45.4 2008: R+29.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -19.60%
• Current HPI: 132.6877
• 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

+413.0% since first listed

7 events — show timeline

• 2026-01-27 Contingent — West Penn MLS
• 2025-12-04 Price Changed $277,000 West Penn MLS
• 2025-11-10 Price Changed $297,000 West Penn MLS
• 2025-09-10 Price Changed $299,000 West Penn MLS
• 2025-08-04 Price Changed $320,000 West Penn MLS
• 2025-05-23 Listed $325,000 West Penn MLS
• 1999-02-17 Sold (Public Records) $54,000 Public Records

Property tax history

+0.8%/yr

Latest (2026): $1,136 · +0.1% YoY. Source: county tax records.