14 Charles Ave · Amity, PA 19508

$89,500

2 bd · 1.0 ba · 720 sqft · Manufactured public records · 295 Days on market

Built 2025 $124/sqft · 6% above area Est $92k · at est. ↓ 3% 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 +8.8/15.0
• Schools +4.1/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This brand new 2025 2 bedroom home comes with a 1 year manufacturer warranty and an additional 6 year limited warranty. For energy efficiency the construction is 2 x6. The kitchen has beautiful white cabinets, slow close doors, crown molding, stainless steel appliances(whirlpool) and generous amount of cabinets including a large pantry. The L shaped kitchen includes a convenient breakfast bar. The home comes with a dishwasher, built in microwave, gas stove and a fridge. The main bedroom(11x10) has a large closet which is 8 ft wide inside. Most windows come with blinds and window treatments. Lot rent is $605 and includes sewer and trash. The seller is offering 1 month lot rent free. Come view this beautiful home and start your next chapter here.

Key facts

• Built 2025
• Listed 294 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $90k.

Deal economics

• At list price, monthly cash flow is $598 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Daniel Boone Area SD (suburban): math 38% / reading 52% proficiency, ranked #217 of 539 in PA (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: 84 active listings in the ZIP; 258 units permitted in Berks County in 2024 (27 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $619 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Berks County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 295 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.

Recommended offer $78,760 (12.0% below list)

Questions for the listing agent

1. It's been on market 295 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.61% ✓
• Cap rate: 14.31%
• Cash-on-cash: 28.64%
• DSCR: 2.27
• GRM: 5.2

CMA / ARV

• ARV (median comp): $92,126
• List price: $89,500
• Delta: -2.85%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1 Joseph Ave	0.08mi	2/1.0	660 (-8%)	10mo	$41,000	$62	74

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: 22.9%
• Equity multiple: 1.94×
• Total profit: $23,569
• Equity at exit: $13,345

10-year hold

• IRR: 30.9%
• Equity multiple: 3.77×
• Total profit: $69,468
• Equity at exit: $7,738

Cash invested: $25,060 (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 19508

• Home prices YoY: -25.6%
• Active inventory: 84
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,438 medium
• Mortgage (P&I): −$469
• Tax from tax record: −$31 /mo · $371/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $598

Break-even live

Break-even rent $680

Max offer price $89,500

Occupancy floor 53%

Sensitivity live

Price	-10% $649	-5% $624	+0% $598	+5% $573	+10% $548
Rent	-10% $485	-5% $541	+0% $598	+5% $655	+10% $712
Rate	-1.0pp $643	-0.5pp $621	base $598	+0.5pp $575	+1.0pp $551

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: $22,375
• Closing costs: $2,685
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-18
   days on market $89,500 Active 295 DOM
2. 2026-06-17
   days on market $89,500 Active 294 DOM
3. 2026-06-16
   days on market $89,500 Active 293 DOM
4. 2026-06-15
   days on market $89,500 Active 292 DOM
5. 2026-06-13
   days on market $89,500 Active 290 DOM
6. 2026-06-13
   days on market $89,500 Active 289 DOM
7. 2026-06-09
   days on market $89,500 Active 286 DOM
8. 2026-06-08
   days on market $89,500 Active 285 DOM
9. 2026-06-07
   days on market $89,500 Active 284 DOM
10. 2026-06-04
    days on market $89,500 Active 281 DOM
11. 2026-06-03
    days on market $89,500 Active 280 DOM
12. 2026-06-02
    days on market $89,500 Active 279 DOM
13. 2026-06-01
    days on market $89,500 Active 278 DOM
14. 2026-05-31
    days on market $89,500 Active 277 DOM
15. 2026-03-04
    price $89,500 762-char remark

    Show marketing remark (762 chars)

    This brand new 2025 2 bedroom home comes with a 1 year manufacturer warranty and an additional 6 year limited warranty. For energy efficiency the construction is 2 x6. The kitchen has beautiful white cabinets, slow close doors, crown molding, stainless steel appliances(whirlpool) and generous amount of cabinets including a large pantry. The L shaped kitchen includes a convenient breakfast bar. The home comes with a dishwasher, built in microwave, gas stove and a fridge. The main bedroom(11x10) has a large closet which is 8 ft wide inside. Most windows come with blinds and window treatments. Lot rent is $605 and includes sewer and trash. The seller is offering 1 month lot rent free. Come view this beautiful home and start your next chapter here.

16. 2025-08-28
    listed $92,500 Active 762-char remark

    Show marketing remark (762 chars)

    This brand new 2025 2 bedroom home comes with a 1 year manufacturer warranty and an additional 6 year limited warranty. For energy efficiency the construction is 2 x6. The kitchen has beautiful white cabinets, slow close doors, crown molding, stainless steel appliances(whirlpool) and generous amount of cabinets including a large pantry. The L shaped kitchen includes a convenient breakfast bar. The home comes with a dishwasher, built in microwave, gas stove and a fridge. The main bedroom(11x10) has a large closet which is 8 ft wide inside. Most windows come with blinds and window treatments. Lot rent is $605 and includes sewer and trash. The seller is offering 1 month lot rent free. Come view this beautiful home and start your next chapter here.

17. 2025-08-25
    historical $92,500 762-char remark

    Show marketing remark (762 chars)

    This brand new 2025 2 bedroom home comes with a 1 year manufacturer warranty and an additional 6 year limited warranty. For energy efficiency the construction is 2 x6. The kitchen has beautiful white cabinets, slow close doors, crown molding, stainless steel appliances(whirlpool) and generous amount of cabinets including a large pantry. The L shaped kitchen includes a convenient breakfast bar. The home comes with a dishwasher, built in microwave, gas stove and a fridge. The main bedroom(11x10) has a large closet which is 8 ft wide inside. Most windows come with blinds and window treatments. Lot rent is $605 and includes sewer and trash. The seller is offering 1 month lot rent free. Come view this beautiful home and start your next chapter here.

ⓘ 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: $371 · $31/mo
• Projected year-2 tax: $893 · $74/mo
• Expected delta: +$521/yr (+$43/mo · 140.5%)

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

Taxation est. · year 1

• Rental income: $17,252
• − Mortgage interest: −$5,013
• − Property taxes: −$371
• − Insurance: −$448
• − Repairs & maintenance: −$1,380
• − Management: −$1,380
• − Depreciation: −$2,604
• Taxable income: $6,056
• Est. tax owed @ 24.0%: −$1,453
• After-tax cash flow: $5,725/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: Daniel Boone Area SD
• NCES district ID: 4207290
• Math proficiency: 38% ▼ -9.00%
• Reading proficiency: 52% ▼ -14.00%
• Median HH income: $75,511
• Composite: 41.03/100
• National rank: #3584
• State rank: #217 of 539 in PA

Livability — Amity

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

Census & demographics

• Population (ZIP): 15,066

Population outlook (Berks County) Hauer SSP2

• Today (2025): 425,767 people
• By 2030: 428,814 · +0.7%
• By 2040: 433,463 · +1.8%
• By 2050: 439,426 · +3.2%
• By 2075: 478,647 · +12.4%
• By 2100: 518,507 · +21.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 6% Hispanic / Latino 3% Black 1%
• Common ancestry: Romanian 6% Iranian 3% Lithuanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1% Other Indo-European 1%

Political lean MEDSL · Berks

• 2024 margin: R (+12.2) · D 43.4% · R 55.6%
• 2008→2024 swing: -21.4pp toward R · 2008: 9.2pp · 2024: -12.2pp
• All cycles: 2024: R+12.2 2020: R+8.2 2016: R+10.2 2012: R+0.6 2008: D+9.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -94.00%
• Current HPI: 273.8199
• 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

-3.2% since first listed

3 events — show timeline

• 2026-03-04 Price Changed $89,500 BRIGHT MLS
• 2025-08-28 Listed $92,500 BRIGHT MLS
• 2025-08-25 Coming Soon $92,500 BRIGHT MLS

Property tax history

+1.5%/yr

Latest (2025): $371 · +2.7% YoY. Source: county tax records.