2510 Banker St · McKeesport, PA 15132

$52,900

2 bd · 1.0 ba · 960 sqft · SingleFamily public records · 14 Days on market

Built 1890 2,500 sqft lot Est $96k · 45% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home needs a little TLC but it could be a real gem. Located near schools and Renzie Park with a spacious living room and kitchen on the main floor and the two bedrooms and full bathroom on the second floor.

Key facts

• Covered front porch
• Large eat-in kitchen
• Newer furnace

Tags

• LARGE EAT-IN KITCHEN
• CLAWFOOT BATHTUB
• NEWER FURNACE
• NEWER HOT WATER TANK
• UPDATED WINDOWS
• COVERED FRONT PORCH

Property features AI

Exterior

• Parking: Detached garage; Off-street parking; On-street parking; 3 total parking spaces
• Utilities: Public water; Public sewer
• Home design: 2-story frame house; Resale property; Composition roof; Home warranty included
• Construction: Frame construction
• Exterior features: Public transportation nearby

Interior

• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (gas)
• Interior features: Basement with interior entry, unfinished

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $53k.

Deal economics

• At list price, monthly cash flow is $421 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $53k).
• Cap rate 15.8% vs local median 10.3% in McKeesport — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#1,089 in PA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D+, health & safety D, crime F.
• Mckeesport Area SD (suburban): math 11% / reading 28% proficiency, ranked #499 of 539 in PA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 113 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 37% of the median local income ($35k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $366 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $15k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 20y 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 $30k; list at $53k implies a 79% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price; built in 1890 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $52,900

Questions for the listing agent

1. Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 2.04% ✓
• Cap rate: 15.85%
• Cash-on-cash: 34.13%
• DSCR: 2.52
• GRM: 4.1

CMA / ARV

• ARV (on-the-fly): $96,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2619 Harrison St	0.12mi	2/1.0	955 (-0%)	8mo	$69,900	$73	87
2620 Kansas St	0.24mi	2/1.0	972 (+1%)	8mo	$51,550	$53	80
717 King St	0.30mi	3/1.5 (+1)	1,008 (+5%)	4mo	$135,000	$134	67
2116 Barnsdale Ave	0.42mi	2/1.5	1,008 (+5%)	4mo	$43,500	$43	66
2101 Barnsdale Ave	0.46mi	2/2.0	928 (-3%)	6mo	$45,500	$49	64
2805 Riverview St	0.64mi	2/1.0	864 (-10%)	0mo	$65,000	$75	53
417 Diehl Dr	0.66mi	3/2.0 (+1)	1,007 (+5%)	0mo	$221,000	$219	52
2004 Orofino St	0.35mi	2/2.0	825 (-14%)	8mo	$130,500	$158	49
1211 Meadow St	0.74mi	3/1.0 (+1)	992 (+3%)	8mo	$56,915	$57	48
1819 Craig St	0.47mi	3/1.5 (+1)	1,080 (+12%)	9mo	$139,900	$130	43
406 Peterson St	0.75mi	2/2.0	870 (-9%)	4mo	$87,000	$100	42
118 Hershey Dr	0.65mi	3/2.0 (+1)	1,070 (+12%)	2mo	$214,900	$201	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 29.6%
• Equity multiple: 2.24×
• Total profit: $18,318
• Equity at exit: $7,888

10-year hold

• IRR: 36.9%
• Equity multiple: 4.43×
• Total profit: $50,735
• Equity at exit: $4,574

Cash invested: $14,812 (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 15132

• Home prices YoY: -32.9%
• Active inventory: 113
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,081 high
• Mortgage (P&I): −$277
• Tax from tax record: −$133 /mo · $1,595/yr
• Insurance: −$22
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $421

Break-even live

Break-even rent $547

Max offer price $52,900

Occupancy floor 56%

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: $13,225
• Closing costs: $1,587
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3506 Mayfair St Unit B McKeesport, PA	2.0	1.0	948	$1,200	$1.27	44d	1	0.31mi
2918 Walnut St Apt 3 McKeesport, PA	2.0	1.0	800	$850	$1.06	44d	1	0.75mi
1114-1116 Ohio St Unit 2R McKeesport, PA	2.0	1.0	878	$850	$0.97	16d	1	0.84mi
1108 Prescott St White Oak, PA	2.0	1.0	945	$1,200	$1.27	12d	1	0.87mi
152 Royal Oak Dr White Oak, PA	1.0–2.0	1.0–2.0	930	$1,445	$1.55	2d	9	0.90mi
311-313 24th St McKeesport, PA	2.0	1.0	950	$900	$0.95	44d	1	0.95mi
505 Olympia Park Plz McKeesport, PA	1.0	1.0	800	$775	$0.97	24d	1	1.08mi
1735 Ohio Ave Unit 6 White Oak, PA	3.0	1.0	1034	$1,200	$1.16	44d	1	1.16mi
913 Center St McKeesport, PA	1.0–2.0	1.0	900	$1,005	$1.12	2d	7	1.18mi
1827 California Ave Apt 2 Front Second Floor White Oak, PA	1.0	1.0	750	$900	$1.20	14d	1	1.27mi
5015 Walnut St Unit 1 McKeesport, PA	2.0	1.0	980	$950	$0.97	44d	1	1.39mi

Listing history 10 events

1. 2026-06-18
   days on market $52,900 Active 14 DOM
2. 2026-06-17
   days on market $52,900 Active 13 DOM
3. 2026-06-16
   pricedays on market $52,900 Active 12 DOM
4. 2026-06-15
   days on market $54,900 Active 11 DOM
5. 2026-06-13
   days on market $54,900 Active 9 DOM
6. 2026-06-13
   days on market $54,900 Active 8 DOM
7. 2026-06-09
   days on market $54,900 Active 5 DOM
8. 2026-06-08
   days on market $54,900 Active 4 DOM
9. 2026-06-07
   remarks 699-char remark
10. 2026-06-07
    listed $54,900 Active 3 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: $1,595 · $133/mo
• Projected year-2 tax: $1,595 · $133/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 4/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,967
• − Mortgage interest: −$2,963
• − Property taxes: −$1,595
• − Insurance: −$264
• − Repairs & maintenance: −$1,037
• − Management: −$1,037
• − Depreciation: −$1,539
• Taxable income: $4,531
• Est. tax owed @ 24.0%: −$1,087
• After-tax cash flow: $3,968/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: Mckeesport Area SD
• NCES district ID: 4214940
• Math proficiency: 11% ▼ -9.00%
• Reading proficiency: 28% ▼ -10.00%
• Median HH income: $33,779
• Composite: 15.88/100
• National rank: #9257
• State rank: #499 of 539 in PA

Livability — McKeesport

• Score: 66/100
• State rank: #1089
• US rank: #12321

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: McKeesport, PA
• County: Allegheny County · 1,022,028 people
• City population: 25,010
• Metro: Pittsburgh, PA
• Population (ZIP): 18,898
• Household income: $35,397
• Rent vs Own: 49.0% rent · 51.0% own
• Severe rent burden: 1239.0

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 0.62)
• Race & ethnicity: White 50% Black 35% Two or more races 10% Hispanic / Latino 4% Asian 1%
• Common ancestry: Romanian 5% Serbian 2% Scotch-Irish 2%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -71.01%
• Current HPI: 145.195
• Rent YoY: —
• 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

+83.6% since first listed

7 events — show timeline

• 2026-06-04 Listed $54,900 West Penn MLS
• 2021-04-16 Sold (MLS) $29,500 West Penn MLS
• 2021-03-10 Pending — West Penn MLS
• 2021-03-03 Listed $39,900 West Penn MLS
• 2006-09-11 Sold (MLS) $20,000 West Penn MLS
• 2006-08-30 Sold (Public Records) $20,000 Public Records
• 2006-03-11 Listed $29,900 West Penn MLS

Property tax history

+6.2%/yr

Latest (2026): $1,595 · +0.0% YoY. Source: county tax records.