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130 Carr Ave
B Composite 73.38
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
  • Appreciation +5.2/10.0
  • Schools +3.1/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0

$49,900

130 Carr Ave · Menallen, PA 15468
2 bd · 1.0 ba · 1,652 sqft · SingleFamily public records · 55 Days on market
Built 1900 0.26 ac lot $30/sqft · 55% below area ↓ 9% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to 130 Carr Ave in New Salem, a charming opportunity whether you're looking for your next home or a smart investment. This property features a nice size, flat lot with plenty of parking, offering both convenience and flexibility for everyday living or entertaining. Inside, you will find good-sized rooms with a comfortable layout and plenty of potential to make the space your own. Natural light flows throughout, creating a warm and inviting feel. Seller financing is available, opening the door for buyers who may be looking for alternative purchasing options. Whether you're a first-time buyer, investor, or someone ready to create a personalized space, this property is full of possibil

Key facts

  • Flat lot
  • Plenty of parking
  • Natural light

Tags

FLAT LOTPLENTY OF PARKINGNATURAL LIGHT

Property features AI

Exterior

  • Parking: Off-street parking
  • Utilities: Public water; Public sewer
  • Home design: 2 stories; Resale property
  • Construction: Aluminum siding; Asphalt roof
  • Exterior features: Off-street parking

Interior

  • Flooring: Carpet; Laminate
  • Bathrooms: One full bathroom; One half bathroom
  • Interior features: Has basement; Has fireplace (1)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $50k.

Deal economics

  • At list price, monthly cash flow is $465 ($6k/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: $48k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Uniontown Area SD (suburban): math 27% / reading 49% proficiency, ranked #392 of 539 in PA (top 73%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 15 active listings in the ZIP; 201 units permitted in Fayette County in 2024 (10 in 5+ unit buildings).

Forward outlook

  • In year one you build about $576 of equity ($345 loan paydown + $231 appreciation (0.5% local appreciation)).
  • Fayette County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (0.5% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 55 days — a 3% lower offer ($48k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $48,403 (3.0% below list)

Questions for the listing agent

  1. It's been on market 55 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 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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
2.05%
Cap rate
17.47%
Cash-on-cash
39.91%
DSCR
2.78
GRM
4.1

CMA / ARV

ARV (median comp)
$109,701
List price
$49,900
Delta
-54.51%
Verdict
UNDERPRICED
Comps
8 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
600 Bell St 0.39mi 3/1.5 (+1) 1,600 (-3%) 17mo $72,100 $45 55

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

0.46% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
41.6%
Equity multiple
3.09×
Total profit
$29,244
Equity at exit
$15,653
10-year hold
IRR
44.1%
Equity multiple
6.11×
Total profit
$71,443
Equity at exit
$19,771

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.

ZIP-level market 15468

Home prices YoY
0.3%
Active inventory
15
Price-to-rent
4.1×

Monthly cashflow live

Estimated rent
$1,025 medium interval (Pro) →
Mortgage (P&I)
$262
Tax from tax record
$63 /mo · $751/yr
Insurance
$21
HOA
$0
Vacancy / Maint / Mgmt
$215
Net cashflow
$465

Break-even live

Break-even rent $437
Max offer price $49,900
Occupancy floor 50%

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

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 15 events

  1. 2026-06-18
    days on market $49,900 Active 55 DOM
  2. 2026-06-17
    days on market $49,900 Active 54 DOM
  3. 2026-06-16
    days on market $49,900 Active 53 DOM
  4. 2026-06-15
    days on market $49,900 Active 52 DOM
  5. 2026-06-13
    days on market $49,900 Active 50 DOM
  6. 2026-06-12
    days on market $49,900 Active 49 DOM
  7. 2026-06-09
    days on market $49,900 Active 46 DOM
  8. 2026-06-08
    days on market $49,900 Active 45 DOM
  9. 2026-06-08
    days on market $49,900 Active 44 DOM
  10. 2026-06-07
    days on market $49,900 Active 43 DOM
  11. 2026-06-04
    days on market $49,900 Active 40 DOM
  12. 2026-06-02
    days on market $49,900 Active 39 DOM
  13. 2026-06-01
    days on market $49,900 Active 38 DOM
  14. 2026-05-31
    days on market $49,900 Active 37 DOM
  15. 2026-04-24
    listed $54,900 Active 800-char remark

ⓘ 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
$751 · $63/mo
Projected year-2 tax
$770 · $64/mo
Expected delta
+$19/yr (+$2/mo · 2.5%)

ⓘ 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 2/10 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 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$12,300
− Mortgage interest
−$2,795
− Property taxes
−$751
− Insurance
−$250
− Repairs & maintenance
−$984
− Management
−$984
− Depreciation
−$1,452
Taxable income
$5,084
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,220
After-tax cash flow
$4,356/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
Uniontown Area SD
NCES district ID
4224150
Math proficiency
27% ▼ -8.00%
Reading proficiency
49% ▼ -6.00%
Median HH income
$36,744
Composite
31.48/100
National rank
#5977
State rank
#392 of 539 in PA

Livability — Menallen

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

Census & demographics

Population (ZIP)
2,230

Population outlook (Fayette County) Hauer SSP2

Today (2025)
127,561 people
By 2030
123,206 · -3.4%
By 2040
113,232 · -11.2%
By 2050
103,468 · -18.9%
By 2075
83,185 · -34.8%
By 2100
62,384 · -51.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (88%)
Race & ethnicity
White 88% Two or more races 9% Hispanic / Latino 2%
Common ancestry
Romanian 13% Lithuanian 9% Italian 4%
Foreign-born
1% · Canada
Languages at home
99% English-only · Spanish 1%

Political lean MEDSL · Fayette

2024 margin
Solid R (+37.9) · D 30.8% · R 68.7%
2008→2024 swing
-37.5pp toward R · 2008: -0.4pp · 2024: -37.9pp
All cycles
2024: R+37.9 2020: R+33.5 2016: R+31.0 2012: R+8.3 2008: R+0.4

Not yet ingested

Civics

Market trends

HPI YoY
▲ 0.46%
Current HPI
135.7723
Rent YoY
Metro
State GDP YoY
▲ 1.68%
F500 in state
34

Industry mix (Fortune 500 HQ in PA)

Industry F500 HQs Revenue

Price history

-9.1% since first listed
2 events — show timeline
  • 2026-05-27 Price Changed $49,900 West Penn MLS
  • 2026-04-24 Listed $54,900 West Penn MLS

Property tax history

+3.2%/yr

Latest (2026): $751 · +3.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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