376 Penn Ave · Upper Tyrone, PA 15631

$40,000

4 bd · 2.0 ba · 1,680 sqft · SingleFamily · 71 Days on market

Poor condition 0.55 ac lot $24/sqft · 69% below area

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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
• Appreciation +5.0/10.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +1.0/5.0

Listing remarks MLS

This two-story, four bedroom/2 bath Duplex is ready for a full renovation and a fresh start. It was originally a side-by-side duplex; however, it has been entirely gutted so Buyer can decide if they want it to remain a duplex or transform it into a single-family home. All new Electric service entrances with two 100 AMP boxes. Public water and sewage. Whether you're looking to flip, rent or restore it to its former glory, this property is a blank canvas with variety of possibilities. Plenty of off-street parking for convenience and a spacious, level half acre yard with a storage shed. Southmoreland School District.

Key facts

• Entirely gutted
• Storage shed
• Full renovation

Tags

• FULL RENOVATION
• ENTIRELY GUTTED
• NEW ELECTRIC SERVICE ENTRANCES
• OFF-STREET PARKING
• LEVEL HALF ACRE YARD
• STORAGE SHED

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $40k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $539 ($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: $38k (6.0% 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.
• Southmoreland SD (suburban): math 29% / reading 51% proficiency, ranked #359 of 539 in PA (top 67%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 5 active listings in the ZIP; 201 units permitted in Fayette County in 2024 (10 in 5+ unit buildings).

Forward outlook

• In year one you build about $242 of equity ($277 loan paydown + $-35 appreciation (-0.1% local appreciation)).
• Fayette County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-0.1% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 71 days — a 6% lower offer ($38k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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: flood insurance adds $56/mo.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $37,600 (6.0% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
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: 2.75% ✓
• Cap rate: 24.12%
• Cash-on-cash: 63.65%
• DSCR: 3.83
• GRM: 3.0

CMA / ARV

• ARV (median comp): $129,165
• List price: $40,000
• Delta: -69.03%
• Verdict: UNDERPRICED
• Comps: 16 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
130 Chestnut St	0.49mi	3/2.0 (-1)	1,880 (+12%)	6mo	$121,200	$64	47
602 Painter St	0.52mi	3/1.5 (-1)	1,466 (-13%)	15mo	$128,000	$87	35
1032 Broadford Rd	0.74mi	3/1.0 (-1)	1,548 (-8%)	19mo	$8,500	$5	28

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.09% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 59.4%
• Equity multiple: 3.95×
• Total profit: $33,017
• Equity at exit: $11,440

10-year hold

• IRR: 61.7%
• Equity multiple: 7.98×
• Total profit: $78,187
• Equity at exit: $13,613

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 15631

• Home prices YoY: -0.1%
• Active inventory: 5
• Price-to-rent: 3.0×

Monthly cashflow live

• Estimated rent: $1,102 medium
• Mortgage (P&I): −$210
• Tax est. 1.5%: −$50 /mo · $600/yr
• Insurance: −$17
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$231
• Net cashflow: $539

Break-even live

Break-even rent $420

Max offer price $40,000

Occupancy floor 46%

Sensitivity live

Price	-10% $566	-5% $552	+0% $539	+5% $525	+10% $511
Rent	-10% $451	-5% $495	+0% $539	+5% $582	+10% $626
Rate	-1.0pp $559	-0.5pp $549	base $539	+0.5pp $528	+1.0pp $518

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 18 events

1. 2026-06-21
   days on market $40,000 Active 71 DOM
2. 2026-06-21
   days on market $40,000 Active 70 DOM
3. 2026-06-18
   days on market $40,000 Active 68 DOM
4. 2026-06-17
   days on market $40,000 Active 67 DOM
5. 2026-06-16
   days on market $40,000 Active 66 DOM
6. 2026-06-15
   days on market $40,000 Active 65 DOM
7. 2026-06-13
   days on market $40,000 Active 63 DOM
8. 2026-06-12
   days on market $40,000 Active 62 DOM
9. 2026-06-09
   days on market $40,000 Active 59 DOM
10. 2026-06-08
    days on market $40,000 Active 58 DOM
11. 2026-06-08
    days on market $40,000 Active 57 DOM
12. 2026-06-07
    days on market $40,000 Active 56 DOM
13. 2026-06-04
    days on market $40,000 Active 53 DOM
14. 2026-06-02
    days on market $40,000 Active 52 DOM
15. 2026-06-01
    days on market $40,000 Active 51 DOM
16. 2026-05-31
    days on market $40,000 Active 50 DOM
17. 2026-04-24
    listed $40,000 Active 621-char remark

    Show marketing remark (621 chars)

    This two-story, four bedroom/2 bath Duplex is ready for a full renovation and a fresh start. It was originally a side-by-side duplex; however, it has been entirely gutted so Buyer can decide if they want it to remain a duplex or transform it into a single-family home. All new Electric service entrances with two 100 AMP boxes. Public water and sewage. Whether you're looking to flip, rent or restore it to its former glory, this property is a blank canvas with variety of possibilities. Plenty of off-street parking for convenience and a spacious, level half acre yard with a storage shed. Southmoreland School District.

18. 2026-04-11
    listed $40,000 Active 603-char remark

    Show marketing remark (603 chars)

    This two-story, four bedroom/2 bath home is ready for a full renovation and a fresh start. Was originally a duplex; however, it has been entirely gutted so Buyer can decide if they want it to remain a duplex or transform it into a single-family home. All new Electric service entrances with two 100 AMP boxes. Public water and sewage. Whether you're looking to flip, rent or restore it to its former glory, this property is a blank canvas with variety of possibilities. Plenty of off-street parking for convenience and a spacious, level half acre yard with a storage shed. Southmoreland School District.

ⓘ 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 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,223
• − Mortgage interest: −$2,241
• − Property taxes: −$600
• − Insurance: −$866
• − Repairs & maintenance: −$1,058
• − Management: −$1,058
• − Depreciation: −$1,164
• Taxable income: $6,237
• Est. tax owed @ 24.0%: −$1,497
• After-tax cash flow: $4,966/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

Poor 20/100 Gut rehab

This property requires extensive gut renovation, including new kitchen, bathroom, roof, siding, drywall, HVAC, and landscaping. It presents a blank canvas for a fresh start, with potential for significant value increase.

Repairs flagged

• Major Exposed plumbing in kitchen — Needs full replacement
• Major Exposed plumbing in bathroom — Needs full replacement
• Major Exposed roof beams — Needs full roof replacement
• Major Exposed siding — Needs full siding replacement
• Major Exposed drywall — Needs full drywall replacement
• Major Exposed ductwork — Needs full HVAC replacement

Value-add opportunities

• Resale New kitchen cabinets and appliances — Modern kitchen enhances appeal
• Resale New bathroom fixtures and tiling — Modern bathroom enhances appeal
• Resale New roof and siding — New roof and siding improve curb appeal
• Resale New drywall and paint — New drywall and paint improve interior condition
• Resale New HVAC system — New HVAC system improves comfort and energy efficiency
• Both Landscaping and curb appeal — Landscaping enhances curb appeal and property value

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exposed plumbing in kitchen · Needs full replacement	Major	$15,000–50,000
Exposed plumbing in bathroom · Needs full replacement	Major	$15,000–50,000
Exposed roof beams · Needs full roof replacement	Major	$15,000–50,000
Exposed siding · Needs full siding replacement	Major	$15,000–50,000
Exposed drywall · Needs full drywall replacement	Major	$15,000–50,000
Exposed ductwork · Needs full HVAC replacement	Major	$15,000–50,000
Total estimated repair cost · 6 items		$90,000–300,000

Value-add ROI direction

• Resale New kitchen cabinets and appliances — Modern kitchen enhances appeal ↑
• Resale New bathroom fixtures and tiling — Modern bathroom enhances appeal ↑
• Resale New roof and siding — New roof and siding improve curb appeal ↑
• Resale New drywall and paint — New drywall and paint improve interior condition ↑
• Resale New HVAC system — New HVAC system improves comfort and energy efficiency ↑
• Both Landscaping and curb appeal — Landscaping enhances curb appeal and property value ↑

ⓘ 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: Southmoreland SD
• NCES district ID: 4222410
• Math proficiency: 29% ▼ -26.00%
• Reading proficiency: 51% ▼ -19.00%
• Median HH income: $43,274
• Composite: 33.76/100
• National rank: #5368
• State rank: #359 of 539 in PA

Livability — Upper Tyrone

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

Census & demographics

• Population (ZIP): 656

Population outlook (Fayette County) Hauer SSP2

• Today (2025): 127,561 people
• By 2030: 123,206 · -3.4%
• By 2040: 113,232 · -11.2%
• By 2050: 103,468 · -18.9%
• By 2075: 83,185 · -34.8%
• By 2100: 62,384 · -51.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Black 3% Two or more races 2%
• Common ancestry: Romanian 14% Iranian 2% Slovak 2%
• Foreign-born: 1%
• Languages at home: 98% English-only · Other Indo-European 1%

Political lean MEDSL · Fayette

• 2024 margin: Solid R (+37.9) · D 30.8% · R 68.7%
• 2008→2024 swing: -37.5pp toward R · 2008: -0.4pp · 2024: -37.9pp
• All cycles: 2024: R+37.9 2020: R+33.5 2016: R+31.0 2012: R+8.3 2008: R+0.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.09%
• Current HPI: 164.6774
• 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

+0.0% since first listed

2 events — show timeline

• 2026-04-24 Listed $40,000 West Penn MLS
• 2026-04-11 Listed $40,000 West Penn MLS