243 Kay St · Wampum, PA 16157

$125,000

2 bd · 1.0 ba · 680 sqft · SingleFamily public records · 7 Days on market

Built 1945 4,791 sqft 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 +13.7/30.0
• Appreciation +7.7/10.0
• ARV discount +7.5/15.0
• DSCR +4.2/10.0
• Schools +3.5/10.0
• Livability +3.1/5.0
• 1% rule +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Excellent investment opportunity featuring a 3-property portfolio comprised of two single-family homes and one duplex, all tenant occupied with established rental income. This portfolio offers immediate cash flow, strong occupancy history, and a great addition to any investor’s portfolio. Conveniently located side by side with long-term income potential.

Key facts

• 4,791 sq ft lot
• Built 1945
• Listed 6 days

Property features AI

Finance

• Financial info: Annual property tax reported

Exterior

• Parking: Off-street parking
• Home design: Single-story
• Construction: Resale property
• Exterior features: Off-street parking

Interior

• Bathrooms: 1 full bathroom
• Interior features: Basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $-46 ($-546/yr) — negative.
• To cash-flow at today's rent, offer at most $117k (6.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $99k (20.6% below list).
• Recommended offer: $99k (20.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 61/100 on livability (#1,439 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-; Watch: health & safety C-, amenities F, commute F.
• Ellwood City Area SD (town): math 28% / reading 56% proficiency, ranked #334 of 539 in PA (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: North Side Primary School (364 students, 58% FRL); Hartman Intrmd Sch (math 25% / reading 64%, grade D, #194 of 512 statewide, top 39%, 263 students, 58% FRL); Lincoln Jshs (math 32% / reading 52%, grade F, #232 of 437 statewide, top 57%, 672 students, 53% FRL) — zoned schools average 56% FRL vs 38% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 16 active listings in the ZIP; 51 units permitted in Lawrence County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($864 loan paydown + $7k appreciation (5.3% local appreciation)).
• Lawrence County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (5.3% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $52k; list at $125k implies a 142% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $99,193 (20.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 0.79% ✗
• Cap rate: 6.39%
• Cash-on-cash: 0.34%
• DSCR: 1.02
• GRM: 10.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

5.32% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.4%
• Equity multiple: 1.81×
• Total profit: $28,178
• Equity at exit: $73,255

10-year hold

• IRR: 13.3%
• Equity multiple: 3.48×
• Total profit: $86,677
• Equity at exit: $128,475

Cash invested: $35,000 (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 16157

• Home prices YoY: 2.1%
• Active inventory: 16
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $992 medium
• Mortgage (P&I): −$656
• Tax from tax record: −$66 /mo · $792/yr
• Insurance: −$52
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$208
• Net cashflow: $-46

Break-even live

Break-even rent $1,050

Max offer price $116,955

Occupancy floor 100%

Sensitivity live

Price	-10% $25	-5% $-10	+0% $-46	+5% $-81	+10% $-116
Rent	-10% $-124	-5% $-85	+0% $-46	+5% $-6	+10% $33
Rate	-1.0pp $17	-0.5pp $-14	base $-46	+0.5pp $-78	+1.0pp $-111

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-06-22
   days on market $125,000 Active 7 DOM
2. 2026-06-19
   days on market $125,000 Active 4 DOM
3. 2026-06-18
   days on market $125,000 Active 3 DOM
4. 2026-06-17
   days on market $125,000 Active 2 DOM
5. 2026-06-16
   remarks 356-char remark
6. 2026-06-16
   listed $125,000 Active 1 DOM

ⓘ 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: $792 · $66/mo
• Projected year-2 tax: $1,384 · $115/mo
• Expected delta: +$591/yr (+$49/mo · 74.6%)

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 75% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥98°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,903
• − Mortgage interest: −$7,002
• − Property taxes: −$792
• − Insurance: −$1,292
• − Repairs & maintenance: −$952
• − Management: −$952
• − Depreciation: −$3,636
• Taxable loss: −$2,723
• Est. tax savings @ 24.0%: +$654
• After-tax cash flow: $107/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: Ellwood City Area SD
• NCES district ID: 4209240
• Math proficiency: 28% ▼ -17.00%
• Reading proficiency: 56% ▼ -14.00%
• Median HH income: $44,230
• Composite: 35.49/100
• National rank: #4921
• State rank: #334 of 539 in PA

Livability — Wampum

• Score: 61/100
• State rank: #1439
• US rank: #18417

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wampum, PA
• Population (ZIP): 2,759

Population outlook (Lawrence County) Hauer SSP2

• Today (2025): 81,781 people
• By 2030: 77,978 · -4.7%
• By 2040: 69,522 · -15.0%
• By 2050: 61,344 · -25.0%
• By 2075: 45,027 · -44.9%
• By 2100: 31,305 · -61.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Romanian 7% Serbian 3% Slovak 2%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Lawrence

• 2024 margin: Solid R (+33.8) · D 32.8% · R 66.5%
• 2008→2024 swing: -28.7pp toward R · 2008: -5.1pp · 2024: -33.8pp
• All cycles: 2024: R+33.8 2020: R+29.6 2016: R+28.1 2012: R+9.0 2008: R+5.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.32%
• Current HPI: 258.9028
• 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

+141.8% since first listed

2 events — show timeline

• 2026-06-15 Listed $125,000 West Penn MLS
• 2021-04-01 Sold (Public Records) $51,700 Public Records

Property tax history

+2.9%/yr

Latest (2026): $792 · +8.0% YoY. Source: county tax records.