510 S Chestnut St · Scottdale, PA 15683

$121,910

4 bd · 2.0 ba · 2,160 sqft · Other public records · 452 Days on market

Built 1910 4,791 sqft lot $56/sqft · 13% below area Est $153k · 20% under ↓ 8% 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 +21.7/30.0
• ARV discount +15.0/15.0
• DSCR +6.9/10.0
• 1% rule +6.7/10.0
• Appreciation +4.4/10.0
• Livability +3.8/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

AUCTION-HOME CANNOT BE SHOWN - This Colonial style single family home offers 4 bedrooms and 2 bathrooms with approximately 2349 square feet of living space on a 0.11 acre lot. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the seller s title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the seller s title company. It is a criminal offense to trespass on this property. NO TRESPASSING.

Key facts

• 4,791 sq ft lot
• Garage
• Built 1910

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath other listed at $122k.

Deal economics

• At list price, monthly cash flow is $187 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $122k).
• Recommended offer: $107k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 75/100 on livability (#440 in PA, #4,017 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment D-.
• 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: 22 active listings in the ZIP; 415 units permitted in Westmoreland County in 2024 (10 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.2%/yr); year-one equity from $842 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Westmoreland County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-1.2% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 452 days — a 12% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $11k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $107,280 (12.0% below list)

Questions for the listing agent

1. It's been on market 452 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.17% ✓
• Cap rate: 8.14%
• Cash-on-cash: 6.59%
• DSCR: 1.29
• GRM: 7.1

CMA / ARV

• ARV (median comp): $152,841
• List price: $121,910
• Delta: -20.24%
• Verdict: UNDERPRICED
• Comps: 16 within 1.0 mi

Projected returns pro-forma

-1.25% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 1.0%
• Equity multiple: 1.04×
• Total profit: $1,437
• Equity at exit: $27,939

10-year hold

• IRR: 7.9%
• Equity multiple: 1.75×
• Total profit: $25,456
• Equity at exit: $28,087

Cash invested: $34,135 (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 15683

• Home prices YoY: -0.4%
• Active inventory: 22
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,430 medium
• Mortgage (P&I): −$639
• Tax from tax record: −$252 /mo · $3,025/yr
• Insurance: −$51
• HOA: −$0
• Vacancy / Maint / Mgmt: −$300
• Net cashflow: $187

Break-even live

Break-even rent $1,193

Max offer price $121,910

Occupancy floor 82%

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: $30,478
• Closing costs: $3,657
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-18
   days on market $121,910 Active 452 DOM
2. 2026-06-17
   days on market $121,910 Active 451 DOM
3. 2026-06-16
   days on market $121,910 Active 450 DOM
4. 2026-06-15
   days on market $121,910 Active 449 DOM
5. 2026-06-13
   days on market $121,910 Active 447 DOM
6. 2026-06-12
   days on market $121,910 Active 446 DOM
7. 2026-06-09
   days on market $121,910 Active 443 DOM
8. 2026-06-08
   days on market $121,910 Active 442 DOM
9. 2026-06-08
   days on market $121,910 Active 441 DOM
10. 2026-06-07
    days on market $121,910 Active 440 DOM
11. 2026-06-04
    days on market $121,910 Active 437 DOM
12. 2026-06-02
    days on market $121,910 Active 436 DOM
13. 2026-06-01
    days on market $121,910 Active 435 DOM
14. 2026-05-31
    days on market $121,910 Active 434 DOM
15. 2026-04-09
    price $121,910 763-char remark

    Show marketing remark (763 chars)

    AUCTION-HOME CANNOT BE SHOWN - This Colonial style single family home offers 4 bedrooms and 2 bathrooms with approximately 2349 square feet of living space on a 0.11 acre lot. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the seller s title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the seller s title company. It is a criminal offense to trespass on this property. NO TRESPASSING.

16. 2025-10-23
    price $141,950 763-char remark

    Show marketing remark (763 chars)

    AUCTION-HOME CANNOT BE SHOWN - This Colonial style single family home offers 4 bedrooms and 2 bathrooms with approximately 2349 square feet of living space on a 0.11 acre lot. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the seller s title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the seller s title company. It is a criminal offense to trespass on this property. NO TRESPASSING.

17. 2025-07-21
    price $143,620 763-char remark

    Show marketing remark (763 chars)

    AUCTION-HOME CANNOT BE SHOWN - This Colonial style single family home offers 4 bedrooms and 2 bathrooms with approximately 2349 square feet of living space on a 0.11 acre lot. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the seller s title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the seller s title company. It is a criminal offense to trespass on this property. NO TRESPASSING.

18. 2025-03-24
    status Active 763-char remark

    Show marketing remark (763 chars)

    AUCTION-HOME CANNOT BE SHOWN - This Colonial style single family home offers 4 bedrooms and 2 bathrooms with approximately 2349 square feet of living space on a 0.11 acre lot. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the seller s title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the seller s title company. It is a criminal offense to trespass on this property. NO TRESPASSING.

19. 2025-01-31
    historical 763-char remark

    Show marketing remark (763 chars)

    AUCTION-HOME CANNOT BE SHOWN - This Colonial style single family home offers 4 bedrooms and 2 bathrooms with approximately 2349 square feet of living space on a 0.11 acre lot. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the seller s title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the seller s title company. It is a criminal offense to trespass on this property. NO TRESPASSING.

20. 2025-01-30
    listed $132,600 Active 763-char remark

    Show marketing remark (763 chars)

    AUCTION-HOME CANNOT BE SHOWN - This Colonial style single family home offers 4 bedrooms and 2 bathrooms with approximately 2349 square feet of living space on a 0.11 acre lot. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The seller has closing representation in this transaction. The buyer has the right to select their own title/closing company, or may use the seller s title company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title/closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the seller s title company. It is a criminal offense to trespass on this property. NO TRESPASSING.

ⓘ 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: $3,025 · $252/mo
• Projected year-2 tax: $3,025 · $252/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 ≥96°F today · 19 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: $17,157
• − Mortgage interest: −$6,829
• − Property taxes: −$3,025
• − Insurance: −$610
• − Repairs & maintenance: −$1,373
• − Management: −$1,373
• − Depreciation: −$3,546
• Taxable income: $402
• Est. tax owed @ 24.0%: −$97
• After-tax cash flow: $2,152/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: 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 — Scottdale

• Score: 75/100
• State rank: #440
• US rank: #4017

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Scottdale, PA
• Population (ZIP): 7,855

Population outlook (Westmoreland County) Hauer SSP2

• Today (2025): 342,555 people
• By 2030: 331,717 · -3.2%
• By 2040: 304,976 · -11.0%
• By 2050: 277,444 · -19.0%
• By 2075: 224,607 · -34.4%
• By 2100: 171,084 · -50.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 6% Asian 1%
• Common ancestry: Romanian 7% Lithuanian 2% Slovak 1%
• Foreign-born: 1% · Vietnam
• Languages at home: 98% English-only · Spanish 1% Vietnamese 1%

Political lean MEDSL · Westmoreland

• 2024 margin: Strong R (+28.4) · D 35.4% · R 63.9%
• 2008→2024 swing: -11.7pp toward R · 2008: -16.7pp · 2024: -28.4pp
• All cycles: 2024: R+28.4 2020: R+28.3 2016: R+31.3 2012: R+23.7 2008: R+16.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1.25%
• Current HPI: 284.1099
• 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

-8.1% since first listed

6 events — show timeline

• 2026-04-09 Price Changed $121,910 BRIGHT MLS
• 2025-10-23 Price Changed $141,950 BRIGHT MLS
• 2025-07-21 Price Changed $143,620 BRIGHT MLS
• 2025-03-24 Relisted — BRIGHT MLS
• 2025-01-31 Listing Removed — BRIGHT MLS
• 2025-01-30 Listed $132,600 BRIGHT MLS

Property tax history

+2.6%/yr

Latest (2026): $3,025 · +0.0% YoY. Source: county tax records.