3006 Bowman Ave · McKeesport, PA 15132

$49,900

3 bd · 1.0 ba · 1,665 sqft · SingleFamily public records · 190 Days on market

Built 1930 1,873 sqft lot $30/sqft · 53% 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
• 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

Investors this is for you! Expand the unique entry way to make it more formal. Feel comfortable in the cozy living room. Plan family meals in the kitchen. This house presents many opportunities for you. Fixed up and rented out it can be the start of your rental business. Add to your existing portfolio for steady income. Flip this house and make it unique for extra cash. Upgrade the windows and outside for a more finished look. This can be yours today! Call or text

Key facts

• 1,873 sq ft lot
• Garage
• Built 1930

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $748 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Recommended offer: $44k (12.0% below list) — sets the bar for market timing.
• Cap rate 24.3% 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).
• At $1,387/mo this rent would consume 47% of the median local household income ($35k/yr) (locally 1239% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $345 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 190 days — a 12% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $12k; list at $50k implies a 299% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $43,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 190 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 1930 — 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 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?
6. 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?
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: 2.78% ✓
• Cap rate: 24.29%
• Cash-on-cash: 64.26%
• DSCR: 3.86
• GRM: 3.0

CMA / ARV

• ARV (median comp): $106,010
• List price: $49,900
• Delta: -52.93%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
908 Franklin St	0.48mi	3/1.0	1,702 (+2%)	1mo	$70,000	$41	73
509 Fawcett Ave	0.32mi	3/1.0	1,650 (-1%)	14mo	$20,000	$12	72
3032 Highland	0.03mi	4/3.0 (+1)	1,900 (+14%)	7mo	$219,000	$115	56
2220 Cronemeyer St	0.51mi	2/1.0 (-1)	1,568 (-6%)	8mo	$40,000	$26	55
831 Lincoln Way	0.43mi	3/2.0	1,530 (-8%)	13mo	$200,000	$131	52
926 Franklin St	0.52mi	2/1.0 (-1)	1,535 (-8%)	15mo	$80,000	$52	46
1002 Summit St	0.63mi	3/2.0	1,462 (-12%)	2mo	$157,000	$107	44
818 Fawcett Ave	0.48mi	3/2.0	1,869 (+12%)	11mo	$55,000	$29	44
915 Summit St	0.54mi	4/2.0 (+1)	1,803 (+8%)	9mo	$225,000	$125	44
405 Westinghouse Ave	0.48mi	4/1.5 (+1)	1,800 (+8%)	17mo	$105,000	$58	43
2304 Oneil Blvd	0.70mi	3/3.0	1,600 (-4%)	16mo	$200,000	$125	40
921 Chestnut St	0.71mi	2/1.0 (-1)	1,494 (-10%)	12mo	$47,000	$31	35

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: 63.4%
• Equity multiple: 3.83×
• Total profit: $39,589
• Equity at exit: $7,440

10-year hold

• IRR: 67.8%
• Equity multiple: 7.87×
• Total profit: $95,925
• Equity at exit: $4,314

Cash invested: $13,972 (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: 3.0×

Monthly cashflow live

• Estimated rent: $1,387 high
• Mortgage (P&I): −$262
• Tax from tax record: −$65 /mo · $781/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$291
• Net cashflow: $748

Break-even live

Break-even rent $440

Max offer price $49,900

Occupancy floor 41%

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: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2212 Cronemeyer St McKeesport, PA	3.0	1.0	1720	$1,375	$0.80	43d	1	0.50mi
201 S 4th St Duquesne, PA	3.0	1.0	1200	$1,385	$1.15	43d	1	0.99mi
827 Hinnerman St Duquesne, PA	3.0	1.0	1136	$1,250	$1.10	23d	1	1.01mi
1318 Maryland Ave West Mifflin, PA	3.0	1.0	1408	$1,695	$1.20	43d	1	1.17mi
19 S 6th St Duquesne, PA	3.0	1.0	2100	$1,675	$0.80	23d	1	1.18mi
812 Westbury Rd Unit B North Versailles, PA	2.0	1.0	1800	$1,100	$0.61	43d	1	1.27mi
1217 Scott St McKeesport, PA	3.0	1.0	1500	$1,165	$0.78	43d	1	1.33mi
1506 Freemont St McKeesport, PA	3.0	2.0	1250	$1,295	$1.04	23d	1	1.36mi
200 Delaware Ave North Versailles, PA	3.0	1.5	1470	$1,450	$0.99	14d	1	1.40mi
3710 Mayfair St McKeesport, PA	3.0	1.5	1314	$1,095	$0.83	3d	1	1.43mi
1744 Highland Ave West Mifflin, PA	2.0	1.0	1100	$1,549	$1.41	4d	1	1.49mi

Listing history 15 events

1. 2026-06-18
   days on market $49,900 Active 190 DOM
2. 2026-06-17
   days on market $49,900 Active 189 DOM
3. 2026-06-16
   days on market $49,900 Active 188 DOM
4. 2026-06-15
   days on market $49,900 Active 187 DOM
5. 2026-06-13
   days on market $49,900 Active 185 DOM
6. 2026-06-13
   days on market $49,900 Active 184 DOM
7. 2026-06-09
   days on market $49,900 Active 181 DOM
8. 2026-06-08
   days on market $49,900 Active 180 DOM
9. 2026-06-07
   days on market $49,900 Active 179 DOM
10. 2026-06-03
    days on market $49,900 Active 175 DOM
11. 2026-06-02
    days on market $49,900 Active 174 DOM
12. 2026-06-01
    days on market $49,900 Active 173 DOM
13. 2026-05-31
    days on market $49,900 Active 172 DOM
14. 2025-12-10
    listed $49,900 Active 470-char remark

    Show marketing remark (470 chars)

    Investors this is for you! Expand the unique entry way to make it more formal. Feel comfortable in the cozy living room. Plan family meals in the kitchen. This house presents many opportunities for you. Fixed up and rented out it can be the start of your rental business. Add to your existing portfolio for steady income. Flip this house and make it unique for extra cash. Upgrade the windows and outside for a more finished look. This can be yours today! Call or text

15. 1995-03-28
    soldstatus $12,500

ⓘ 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: $781 · $65/mo
• Projected year-2 tax: $785 · $65/mo
• Expected delta: +$4/yr ($0/mo · 0.5%)

ⓘ 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 7 d/yr ≥96°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,644
• − Mortgage interest: −$2,795
• − Property taxes: −$781
• − Insurance: −$250
• − Repairs & maintenance: −$1,331
• − Management: −$1,331
• − Depreciation: −$1,452
• Taxable income: $8,704
• Est. tax owed @ 24.0%: −$2,089
• After-tax cash flow: $6,889/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

+299.2% since first listed

2 events — show timeline

• 2025-12-10 Listed $49,900 West Penn MLS
• 1995-03-28 Sold (Public Records) $12,500 Public Records

Property tax history

+6.2%/yr

Latest (2026): $781 · +0.0% YoY. Source: county tax records.