7522 Elk Rd · Penn Hills, PA 15235

$104,999

2 bd · 1.0 ba · 1,287 sqft · SingleFamily public records · 43 Days on market

Built 1960 2,800 sqft lot $82/sqft · 44% above area Est $73k · 44% over

---

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 +27.1/30.0
• DSCR +9.4/10.0
• 1% rule +9.3/10.0
• Rent growth +4.4/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tucked away in a private, nature-filled setting, 7522 Elk Rd offers a rare combination of peaceful surroundings and everyday convenience. Enjoy beautiful views from the expansive wraparound deck that nearly encircles the home—perfect for relaxing, entertaining, or simply taking in the scenery. Inside, you’ll find a bright addition filled with natural light, creating an inviting living space that stands out. The galley-style kitchen features stainless steel appliances and efficient layout. This home offers 2 bedrooms and 1.5 baths, along with a partially finished basement that includes a bonus room-ideal for a home office, gym, or extra living space. Additional features include a garage, a generously sized front yard, and a storage shed (in need of some work). The deck could use some TLC as well, making this a great opportunity to add value while enjoying an already beautiful setting. If you’re looking for privacy, views, and potential, this one is worth a look.

Key facts

• Galley-style kitchen
• Bonus room
• Wraparound deck

Tags

• WRAPAROUND DECK
• GALLEY-STYLE KITCHEN
• STAINLESS STEEL APPLIANCES
• PARTIALLY FINISHED BASEMENT
• BONUS ROOM
• GENEROUSLY SIZED FRONT YARD

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $297 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $102k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Penn Hills SD (suburban): math 13% / reading 24% proficiency, ranked #496 of 539 in PA (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+7.6%/yr); 129 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 7.6% rent growth), your $29k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($102k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 21y 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.
• Current owner paid $11k; list at $105k implies a 833% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.4% of price.

Recommended offer $101,849 (3.0% below list)

Questions for the listing agent

1. It's been on market 43 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 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.43% ✓
• Cap rate: 9.68%
• Cash-on-cash: 12.11%
• DSCR: 1.54
• GRM: 5.8

CMA / ARV

• ARV (median comp): $73,165
• List price: $104,999
• Delta: 43.51%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7321 Schley St	0.15mi	3/1.0 (+1)	1,128 (-12%)	4mo	$15,000	$13	64
1512 Oberlin St	0.36mi	2/1.0	1,147 (-11%)	3mo	$73,500	$64	63
7841 Mark Dr	0.56mi	3/2.0 (+1)	1,350 (+5%)	1mo	$214,000	$159	56
1250 Blackadore Ave	0.42mi	3/1.0 (+1)	1,440 (+12%)	2mo	$90,000	$63	54
23 Frankwood Rd	0.59mi	3/1.0 (+1)	1,218 (-5%)	6mo	$105,000	$86	54
1024 Blackadore St	0.69mi	2/1.0	1,190 (-8%)	6mo	$30,000	$25	50
216 Calmar Dr	0.52mi	3/2.0 (+1)	1,200 (-7%)	7mo	$184,900	$154	49
86 Woods Rd	0.50mi	3/1.0 (+1)	1,420 (+10%)	8mo	$62,000	$44	48
7720 Mark Dr	0.44mi	3/2.5 (+1)	1,418 (+10%)	5mo	$235,000	$166	48
100 Archer St	0.37mi	3/3.0 (+1)	1,448 (+12%)	7mo	$155,000	$107	43
1357 Lincoln Ave	0.74mi	3/1.0 (+1)	1,384 (+8%)	8mo	$75,000	$54	41
8536 Pershing St	0.60mi	2/1.0	1,094 (-15%)	9mo	$136,000	$124	40

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 · 7.63% rent growth · sell at horizon

5-year hold

• IRR: 7.7%
• Equity multiple: 1.32×
• Total profit: $9,349
• Equity at exit: $15,656

10-year hold

• IRR: 21.1%
• Equity multiple: 3.25×
• Total profit: $66,119
• Equity at exit: $9,078

Cash invested: $29,400 (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 15235

• Home prices YoY: -34.1%
• Rents YoY: 7.6%
• Active inventory: 129
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,505 high
• Mortgage (P&I): −$551
• Tax from tax record: −$298 /mo · $3,571/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$316
• Net cashflow: $297

Break-even live

Break-even rent $1,129

Max offer price $104,999

Occupancy floor 75%

Sensitivity live

Price	-10% $356	-5% $326	+0% $297	+5% $267	+10% $237
Rent	-10% $178	-5% $237	+0% $297	+5% $356	+10% $416
Rate	-1.0pp $350	-0.5pp $323	base $297	+0.5pp $270	+1.0pp $242

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1250 Blackadore Ave Pittsburgh, PA	3.0	1.0	1440	$1,750	$1.22	24d	1	0.42mi
8612 Oakcrest Rd Pittsburgh, PA	2.0	1.0	1218	$1,450	$1.19	24d	1	0.52mi
8918 Frankstown Rd Pittsburgh, PA	3.0	1.0	1400	$1,907	$1.36	15d	1	0.86mi
273 Bramble St Verona, PA	3.0	1.5	1076	$1,720	$1.60	5d	1	0.90mi
216 Grove Rd Verona, PA	3.0	1.0	1165	$1,550	$1.33	44d	1	0.90mi
103 Grove Rd Verona, PA	3.0	1.5	1460	$1,450	$0.99	13d	1	0.90mi
251 Selvin Dr Verona, PA	3.0	1.0	1320	$1,295	$0.98	3d	1	0.93mi
8075 Chaske St Verona, PA	3.0	1.5	1092	$1,425	$1.30	8d	1	0.95mi

Listing history 12 events

1. 2026-06-03
   days on market $104,999 Active 43 DOM
2. 2026-06-02
   days on market $104,999 Active 42 DOM
3. 2026-06-01
   days on market $104,999 Active 41 DOM
4. 2026-05-31
   days on market $104,999 Active 40 DOM
5. 2026-05-07
   status Active 993-char remark

   Show marketing remark (993 chars)

   Tucked away in a private, nature-filled setting, 7522 Elk Rd offers a rare combination of peaceful surroundings and everyday convenience. Enjoy beautiful views from the expansive wraparound deck that nearly encircles the home—perfect for relaxing, entertaining, or simply taking in the scenery. Inside, you’ll find a bright addition filled with natural light, creating an inviting living space that stands out. The galley-style kitchen features stainless steel appliances and efficient layout. This home offers 2 bedrooms and 1.5 baths, along with a partially finished basement that includes a bonus room-ideal for a home office, gym, or extra living space. Additional features include a garage, a generously sized front yard, and a storage shed (in need of some work). The deck could use some TLC as well, making this a great opportunity to add value while enjoying an already beautiful setting. If you’re looking for privacy, views, and potential, this one is worth a look.

6. 2026-05-07
   price $104,999 993-char remark

   Show marketing remark (993 chars)

   Tucked away in a private, nature-filled setting, 7522 Elk Rd offers a rare combination of peaceful surroundings and everyday convenience. Enjoy beautiful views from the expansive wraparound deck that nearly encircles the home—perfect for relaxing, entertaining, or simply taking in the scenery. Inside, you’ll find a bright addition filled with natural light, creating an inviting living space that stands out. The galley-style kitchen features stainless steel appliances and efficient layout. This home offers 2 bedrooms and 1.5 baths, along with a partially finished basement that includes a bonus room-ideal for a home office, gym, or extra living space. Additional features include a garage, a generously sized front yard, and a storage shed (in need of some work). The deck could use some TLC as well, making this a great opportunity to add value while enjoying an already beautiful setting. If you’re looking for privacy, views, and potential, this one is worth a look.

7. 2026-04-29
   historical Contingent 993-char remark

   Show marketing remark (993 chars)

   Tucked away in a private, nature-filled setting, 7522 Elk Rd offers a rare combination of peaceful surroundings and everyday convenience. Enjoy beautiful views from the expansive wraparound deck that nearly encircles the home—perfect for relaxing, entertaining, or simply taking in the scenery. Inside, you’ll find a bright addition filled with natural light, creating an inviting living space that stands out. The galley-style kitchen features stainless steel appliances and efficient layout. This home offers 2 bedrooms and 1.5 baths, along with a partially finished basement that includes a bonus room-ideal for a home office, gym, or extra living space. Additional features include a garage, a generously sized front yard, and a storage shed (in need of some work). The deck could use some TLC as well, making this a great opportunity to add value while enjoying an already beautiful setting. If you’re looking for privacy, views, and potential, this one is worth a look.

8. 2026-04-19
   listed $109,500 Active 993-char remark

   Show marketing remark (993 chars)

   Tucked away in a private, nature-filled setting, 7522 Elk Rd offers a rare combination of peaceful surroundings and everyday convenience. Enjoy beautiful views from the expansive wraparound deck that nearly encircles the home—perfect for relaxing, entertaining, or simply taking in the scenery. Inside, you’ll find a bright addition filled with natural light, creating an inviting living space that stands out. The galley-style kitchen features stainless steel appliances and efficient layout. This home offers 2 bedrooms and 1.5 baths, along with a partially finished basement that includes a bonus room-ideal for a home office, gym, or extra living space. Additional features include a garage, a generously sized front yard, and a storage shed (in need of some work). The deck could use some TLC as well, making this a great opportunity to add value while enjoying an already beautiful setting. If you’re looking for privacy, views, and potential, this one is worth a look.

9. 2006-03-03
   soldstatus $11,251 136-char remark

   Show marketing remark (136 chars)

   TAXES TBD, NEED HUD KEY TO SHOW. Hud owned. Can close in 45 days or less. UTILITIES ARE OFF. CASE# 442-172697 AS-IS. HIGH NET BID WINS!

10. 2005-10-29
    listed $11,200 136-char remark

    Show marketing remark (136 chars)

    TAXES TBD, NEED HUD KEY TO SHOW. Hud owned. Can close in 45 days or less. UTILITIES ARE OFF. CASE# 442-172697 AS-IS. HIGH NET BID WINS!

11. 1994-11-10
    soldstatus $25,000
12. 1994-11-10
    soldstatus $25,000

ⓘ 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: $3,571 · $298/mo
• Projected year-2 tax: $3,571 · $298/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 1/10 Low
• 🌡 Heat 3/10 Moderate 6 d/yr ≥96°F today · 13 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,056
• − Mortgage interest: −$5,882
• − Property taxes: −$3,571
• − Insurance: −$525
• − Repairs & maintenance: −$1,444
• − Management: −$1,444
• − Depreciation: −$3,055
• Taxable income: $2,135
• Est. tax owed @ 24.0%: −$513
• After-tax cash flow: $3,049/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: Penn Hills SD
• NCES district ID: 4218590
• Math proficiency: 13% ▼ -6.00%
• Reading proficiency: 24% ▼ -14.00%
• Median HH income: $47,794
• Composite: 16.42/100
• National rank: #9192
• State rank: #496 of 539 in PA

Livability — Penn Hills

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

Census & demographics

• County: Allegheny County · 1,022,028 people
• Metro: Pittsburgh, PA
• Population (ZIP): 33,951
• Household income: $67,240
• Rent vs Own: 25.2% rent · 74.8% own
• Severe rent burden: 955.0

Population outlook (Allegheny County) Hauer SSP2

• Today (2025): 1,250,282 people
• By 2030: 1,256,482 · +0.5%
• By 2040: 1,256,318 · +0.5%
• By 2050: 1,244,169 · -0.5%
• By 2075: 1,197,693 · -4.2%
• By 2100: 1,093,187 · -12.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 51% Black 40% Two or more races 7% Hispanic / Latino 2%
• Common ancestry: Romanian 5% Serbian 2% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 97% English-only · Other Indo-European 1% Spanish 1%

Political lean MEDSL · Allegheny

• 2024 margin: Strong D (+20.3) · D 59.7% · R 39.4%
• 2008→2024 swing: +4.8pp toward D · 2008: 15.5pp · 2024: 20.3pp
• All cycles: 2024: D+20.3 2020: D+20.4 2016: D+16.4 2012: D+14.4 2008: D+15.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -121.68%
• Current HPI: 235.4861
• Rent YoY: ▲ 7.63%
• Metro: Pittsburgh, PA
• 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

+320.0% since first listed

8 events — show timeline

• 2026-05-07 Relisted — West Penn MLS
• 2026-05-07 Price Changed $104,999 West Penn MLS
• 2026-04-29 Contingent — West Penn MLS
• 2026-04-19 Listed $109,500 West Penn MLS
• 2006-03-03 Sold (MLS) $11,251 West Penn MLS
• 2005-10-29 Listed $11,200 West Penn MLS
• 1994-11-10 Sold (Public Records) $25,000 Public Records
• 1994-11-10 Sold (Public Records) $25,000 Public Records

Property tax history

+2.5%/yr

Latest (2026): $3,571 · +0.0% YoY. Source: county tax records.