407 Somerset Ave · Windber, PA 15963

$124,900

3 bd · 2.0 ba · 1,416 sqft · SingleFamily public records · 5 Days on market

Built 1920 7,405 sqft lot Est $132k · 5% under

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Why this score? — see what drove the C 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 +23.3/30.0
• ARV discount +9.8/15.0
• DSCR +7.5/10.0
• 1% rule +6.3/10.0
• Schools +4.4/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

A very well maintained 2 Story brick home in Windber Schools! 3 bedrooms, 2 updated baths, formal dining room, living room, foyer, updated eat-in kitchen with oak cabinets & ceramic floors. Full basement with walk out access. Newer electric, windows, hot water tank and interior painting. Walk up attic that could be converted for other uses. Nice lot with a shed for additional storage. There are 2 covered porch areas. Close to shopping , schools and transportation. Call today for your personal tour of this priced right property.

Key facts

• 7,405 sq ft lot
• Built 1920
• Listed 4 days

Property features AI

Exterior

• Parking: Paved parking
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer (sewer available)
• Home design: Single-family residence; Residential property; Two levels / 2 stories
• Construction: Brick and frame construction; Composition and metal roof; Built on foundation with full basement
• Exterior features: Patio; Rectangular lot; Public maintained road; City street frontage

Interior

• Kitchen: Range; Dishwasher; Microwave; Oven; Refrigerator
• Bedrooms: Bedrooms on multiple levels (two-story home)
• Flooring: Carpet; Laminate; Wood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating (natural gas); Ceiling fan(s); Has cooling
• Interior features: Walk-in closets; Window coverings; Double-pane windows
• Laundry & utility: Laundry in basement; Full unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $230 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).

Location & tenants

• Location reads 72/100 on livability (#606 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: employment D, crime F, amenities F.
• Windber Area SD (suburban): math 45% / reading 60% proficiency, ranked #166 of 539 in PA (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 45 active listings in the ZIP; 78 units permitted in Somerset County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Somerset County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 13y 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 $76k; list at $125k implies a 65% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $124,900

Questions for the listing agent

1. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.13% ✓
• Cap rate: 8.50%
• Cash-on-cash: 7.88%
• DSCR: 1.35
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $131,688
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
307 Cambria Ave	0.09mi	3/2.0	1,536 (+8%)	4mo	$205,000	$133	78
301 8th St	0.32mi	3/2.0	1,356 (-4%)	2mo	$160,000	$118	76
306 12th St	0.55mi	3/2.0	1,400 (-1%)	6mo	$92,000	$66	68
404 Hugh St	0.10mi	3/2.5	1,266 (-11%)	12mo	$205,000	$162	65
1210 Somerset Ave	0.53mi	3/2.0	1,500 (+6%)	2mo	$128,000	$85	64
808 12th St	0.57mi	3/2.5	1,412 (-0%)	12mo	$187,500	$133	61
201 7th St	0.33mi	4/2.0 (+1)	1,598 (+13%)	11mo	$148,000	$93	49
310 11th St	0.49mi	2/2.0 (-1)	1,233 (-13%)	3mo	$120,000	$97	48
1157 2nd St	0.73mi	2/2.0 (-1)	1,511 (+7%)	11mo	$89,000	$59	40
306 11th St	0.49mi	3/1.0	1,614 (+14%)	12mo	$55,000	$34	39
1025 First St	0.72mi	2/2.0 (-1)	1,242 (-12%)	3mo	$36,500	$29	38
1136 2nd St	0.66mi	2/1.0 (-1)	1,211 (-14%)	12mo	$95,000	$78	26

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: -4.3%
• Equity multiple: 0.84×
• Total profit: $-5,585
• Equity at exit: $18,623

10-year hold

• IRR: 5.4%
• Equity multiple: 1.40×
• Total profit: $14,097
• Equity at exit: $10,799

Cash invested: $34,972 (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 15963

• Home prices YoY: -24.4%
• Active inventory: 45
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,406 medium
• Mortgage (P&I): −$655
• Tax from tax record: −$174 /mo · $2,090/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $230

Break-even live

Break-even rent $1,115

Max offer price $124,900

Occupancy floor 79%

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-06-18
   days on market $124,900 Active 5 DOM
2. 2026-06-17
   days on market $124,900 Active 4 DOM
3. 2026-06-16
   days on market $124,900 Active 3 DOM
4. 2026-06-15
   days on market $124,900 Active 2 DOM
5. 2026-06-14
   remarks 327-char remark
6. 2026-06-14
   listed $124,900 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: $2,090 · $174/mo
• Projected year-2 tax: $2,090 · $174/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 3/10 Moderate 7 d/yr ≥91°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: $16,873
• − Mortgage interest: −$6,996
• − Property taxes: −$2,090
• − Insurance: −$624
• − Repairs & maintenance: −$1,350
• − Management: −$1,350
• − Depreciation: −$3,633
• Taxable income: $829
• Est. tax owed @ 24.0%: −$199
• After-tax cash flow: $2,556/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: Windber Area SD
• NCES district ID: 4226610
• Math proficiency: 45% ▼ -14.00%
• Reading proficiency: 60% ▼ -13.00%
• Median HH income: $36,802
• Composite: 43.54/100
• National rank: #2985
• State rank: #166 of 539 in PA

Livability — Windber

• Score: 72/100
• State rank: #606
• US rank: #5843

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Windber, PA
• Population (ZIP): 10,383

Population outlook (Somerset County) Hauer SSP2

• Today (2025): 71,318 people
• By 2030: 68,555 · -3.9%
• By 2040: 62,447 · -12.4%
• By 2050: 56,437 · -20.9%
• By 2075: 44,453 · -37.7%
• By 2100: 32,408 · -54.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Hispanic / Latino 3% Two or more races 2%
• Common ancestry: Romanian 17% Slovak 3% Iranian 3%
• Foreign-born: 0%
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Somerset

• 2024 margin: Solid R (+57.2) · D 21.0% · R 78.3%
• 2008→2024 swing: -32.2pp toward R · 2008: -25.0pp · 2024: -57.2pp
• All cycles: 2024: R+57.2 2020: R+56.3 2016: R+55.9 2012: R+42.9 2008: R+25.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.99%
• Current HPI: 142.2017
• 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

+58.3% since first listed

7 events — show timeline

• 2026-06-13 Listed $124,900 CSMLS
• 2016-03-16 Sold (Public Records) $75,820 Public Records
• 2016-03-15 Sold (MLS) $75,820 CSMLS
• 2016-01-05 Listed $74,900 CSMLS
• 2013-09-16 Sold (Public Records) $66,500 Public Records
• 2013-09-13 Sold (MLS) $66,500 CSMLS
• 2013-06-12 Listed $78,900 CSMLS

Property tax history

+4.6%/yr

Latest (2026): $2,090 · +4.8% YoY. Source: county tax records.