843 Orchard St · Portage, PA 15946

$40,000

3 bd · 1.5 ba · 1,600 sqft · SingleFamily · 47 Days on market

Built 1900 6,098 sqft lot $25/sqft · 64% below area ↓ 29% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 3-4-bedroom, 1.5 bath house has lots of potential. The rooms are large and just need finished. Situated on a corner lot, there is a concrete patio in the backyard and a shed. Investors take notice and make this part of your portfolio.

Key facts

• Shed
• Concrete patio
• Corner lot

Tags

• CORNER LOT
• CONCRETE PATIO
• SHED

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: 2 stories; Resale property
• Construction: Aluminum siding; Asphalt roof
• Exterior features: 50 x 125 lot dimensions

Interior

• Kitchen: Stove; Some gas appliances
• Flooring: Hardwood; Vinyl
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Gas heating; Hot water heating; Has heating
• Interior features: Has basement; Hardwood flooring; Vinyl flooring

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $40k.

Deal economics

• At list price, monthly cash flow is $522 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $40k).
• Recommended offer: $39k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#772 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment D-.
• Portage Area SD (town): math 46% / reading 66% proficiency, ranked #120 of 539 in PA (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 31 active listings in the ZIP; 64 units permitted in Cambria County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $277 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Cambria County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 47 days — a 3% lower offer ($39k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 27y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

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

Recommended offer $38,800 (3.0% below list)

Questions for the listing agent

1. It's been on market 47 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 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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.
6. 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.
7. 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: 2.57% ✓
• Cap rate: 21.94%
• Cash-on-cash: 55.89%
• DSCR: 3.49
• GRM: 3.2

CMA / ARV

• ARV (median comp): $110,443
• List price: $40,000
• Delta: -63.78%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
841 Farren St	0.06mi	3/2.0	1,456 (-9%)	6mo	$116,500	$80	75
616 Caldwell Ave	0.31mi	3/1.0	1,664 (+4%)	4mo	$135,000	$81	74
1011 Conemaugh Ave	0.36mi	3/1.5	1,500 (-6%)	9mo	$86,000	$57	66
909 Oak St	0.44mi	3/2.0	1,512 (-6%)	6mo	$185,000	$122	63
700 Caldwell Ave	0.32mi	4/2.5 (+1)	1,600 (0%)	19mo	$130,000	$81	61
1416 Caldwell Ave	0.71mi	3/2.0	1,620 (+1%)	3mo	$140,000	$86	60
519 Orchard St	0.33mi	3/1.0	1,408 (-12%)	13mo	$22,250	$16	52
1100 Gillespie Ave	0.49mi	2/2.0 (-1)	1,494 (-7%)	12mo	$167,500	$112	50
1025 Line Rd	0.37mi	3/2.5	1,731 (+8%)	19mo	$257,250	$149	49
1601 Cemetery Rd	0.46mi	4/1.5 (+1)	1,824 (+14%)	8mo	$90,000	$49	44
1205 Caldwell Ave	0.55mi	4/1.0 (+1)	1,428 (-11%)	8mo	$67,500	$47	42
132 Michael Ln	0.69mi	3/2.0	1,830 (+14%)	6mo	$232,000	$127	37

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 54.2%
• Equity multiple: 3.39×
• Total profit: $26,765
• Equity at exit: $5,964

10-year hold

• IRR: 59.4%
• Equity multiple: 6.91×
• Total profit: $66,183
• Equity at exit: $3,458

Cash invested: $11,200 (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 15946

• Home prices YoY: -32.2%
• Active inventory: 31
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $1,028 medium
• Mortgage (P&I): −$210
• Tax from tax record: −$64 /mo · $770/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$216
• Net cashflow: $522

Break-even live

Break-even rent $368

Max offer price $40,000

Occupancy floor 44%

Sensitivity live

Price	-10% $544	-5% $533	+0% $522	+5% $510	+10% $499
Rent	-10% $440	-5% $481	+0% $522	+5% $562	+10% $603
Rate	-1.0pp $542	-0.5pp $532	base $522	+0.5pp $511	+1.0pp $501

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: $10,000
• Closing costs: $1,200
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-21
   days on market $40,000 Active 47 DOM
2. 2026-06-18
   days on market $40,000 Active 45 DOM
3. 2026-06-17
   days on market $40,000 Active 44 DOM
4. 2026-06-16
   days on market $40,000 Active 43 DOM
5. 2026-06-15
   days on market $40,000 Active 42 DOM
6. 2026-06-13
   days on market $40,000 Active 40 DOM
7. 2026-06-12
   days on market $40,000 Active 39 DOM
8. 2026-06-09
   days on market $40,000 Active 36 DOM
9. 2026-06-08
   days on market $40,000 Active 35 DOM
10. 2026-06-08
    days on market $40,000 Active 34 DOM
11. 2026-06-07
    days on market $40,000 Active 33 DOM
12. 2026-06-04
    days on market $40,000 Active 30 DOM
13. 2026-06-02
    days on market $40,000 Active 29 DOM
14. 2026-06-01
    days on market $40,000 Active 28 DOM
15. 2026-05-31
    days on market $40,000 Active 27 DOM
16. 2026-05-04
    listed $40,000 Active 245-char remark

    Show marketing remark (245 chars)

    This 3–4-bedroom, 1.5 bath house has lots of potential. The rooms are large and just need finished. Situated on a corner lot, there is a concrete patio in the backyard and a shed. Investors take notice and make this part of your portfolio.

17. 2026-05-04
    listed $40,000 Active 239-char remark

    Show marketing remark (245 chars)

    This 3–4-bedroom, 1.5 bath house has lots of potential. The rooms are large and just need finished. Situated on a corner lot, there is a concrete patio in the backyard and a shed. Investors take notice and make this part of your portfolio.

18. 2026-05-04
    listed $40,000 Active

    Show marketing remark (245 chars)

    This 3–4-bedroom, 1.5 bath house has lots of potential. The rooms are large and just need finished. Situated on a corner lot, there is a concrete patio in the backyard and a shed. Investors take notice and make this part of your portfolio.

19. 2025-11-18
    price $35,000
20. 2011-09-17
    soldstatus $50,000
21. 2011-09-12
    soldstatus $50,000
22. 2011-08-31
    listed $54,900
23. 2010-08-16
    listed $59,900
24. 2004-03-05
    soldstatus $49,900
25. 2004-03-05
    soldstatus $46,000
26. 2003-10-02
    listed $49,900
27. 1999-06-24
    soldstatus $52,000
28. 1999-06-23
    soldstatus $52,000
29. 1999-02-11
    listed $56,000

ⓘ 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: $770 · $64/mo
• Projected year-2 tax: $770 · $64/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥89°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,337
• − Mortgage interest: −$2,241
• − Property taxes: −$770
• − Insurance: −$200
• − Repairs & maintenance: −$987
• − Management: −$987
• − Depreciation: −$1,164
• Taxable income: $5,989
• Est. tax owed @ 24.0%: −$1,437
• After-tax cash flow: $4,822/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: Portage Area SD
• NCES district ID: 4219560
• Math proficiency: 46% ▼ -8.00%
• Reading proficiency: 66% ▬ 0.00%
• Median HH income: $43,143
• Composite: 47.02/100
• National rank: #2344
• State rank: #120 of 539 in PA

Livability — Portage

• Score: 70/100
• State rank: #772
• US rank: #7786

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Portage, PA
• Population (ZIP): 6,630

Population outlook (Cambria County) Hauer SSP2

• Today (2025): 122,754 people
• By 2030: 115,827 · -5.6%
• By 2040: 101,309 · -17.5%
• By 2050: 88,379 · -28.0%
• By 2075: 65,237 · -46.9%
• By 2100: 46,909 · -61.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 3%
• Common ancestry: Romanian 22% Lithuanian 2% Slovak 2%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 1% Other Indo-European 1%

Political lean MEDSL · Cambria

• 2024 margin: Solid R (+39.7) · D 29.8% · R 69.5%
• 2008→2024 swing: -40.4pp toward R · 2008: 0.7pp · 2024: -39.7pp
• All cycles: 2024: R+39.7 2020: R+37.3 2016: R+37.8 2012: R+17.8 2008: D+0.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -49.66%
• Current HPI: 104.3539
• 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

-28.6% since first listed

14 events — show timeline

• 2026-05-04 Listed $40,000 CSMLS
• 2026-05-04 Listed $40,000 AHARMLS
• 2026-05-04 Listed $40,000 West Penn MLS
• 2025-11-18 Price Changed $35,000 AHARMLS
• 2011-09-17 Sold (MLS) $50,000 CSMLS
• 2011-09-12 Sold (Public Records) $50,000 Public Records
• 2011-08-31 Listed $54,900 CSMLS
• 2010-08-16 Listed $59,900 AHARMLS
• 2004-03-05 Sold (Public Records) $46,000 Public Records
• 2004-03-05 Sold (MLS) $49,900 CSMLS
• 2003-10-02 Listed $49,900 CSMLS
• 1999-06-24 Sold (MLS) $52,000 CSMLS
• 1999-06-23 Sold (Public Records) $52,000 Public Records
• 1999-02-11 Listed $56,000 CSMLS

Property tax history

+0.9%/yr

Latest (2026): $770 · +0.0% YoY. Source: county tax records.