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6222 Pleasant St
B- Composite 67.5
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 +24.1/30.0
  • ARV discount +15.0/15.0
  • DSCR +7.8/10.0
  • 1% rule +6.6/10.0
  • Schools +4.8/10.0
  • Livability +4.2/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$159,900

6222 Pleasant St · Bethel Park, PA 15129
4 bd · 1.5 ba · 1,080 sqft · SingleFamily public records · 274 Days on market
Built 1952 7,501 sqft lot Est $198k · 19% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to 6222 Pleasant Street! Newly refinished hardwood floors throughout the first floor. The living room features wood burning fireplace with an abundance of natural light. The eat in kitchen has convenient access to the 12x4 side deck. Updated full bath on first floor along with two additional rooms that can be used as bedrooms, den or office. Two additional bedrooms on the second floor. Located in convenient neighborhood close to shopping, restaurants and walk to the "T"! Garage wall completely replaced from back to front with drainage system, new sump pump and French drains, several new Pella windows, new entrance electric service.

Key facts

  • Black appliances
  • Eat in kitchen
  • Unfinished basement

Tags

EAT IN KITCHENBLACK APPLIANCESLOG BURNING FIREPLACEHARDWOOD FLOORSNATURAL LIGHTUNFINISHED BASEMENT

Property features AI

Exterior

  • Parking: Attached garage (built-in) for 1 vehicle
  • Home design: Frame construction; Composition roof
  • Construction: Frame construction; Composition roof; Full basement (unfinished)
  • Exterior features: Lot approximately 0.172 acres; Resale condition

Interior

  • Kitchen: Refrigerator; Stove; Some gas appliances
  • Bedrooms: Main-level bedroom (11 x 9); Main-level bedroom (11 x 9); Upper-level bedroom (11 x 10); Upper-level bedroom (14 x 11)
  • Flooring: Carpet; Hardwood; Laminate
  • Bathrooms: One full bathroom
  • Heating & cooling: Forced-air gas heating; Central electric air conditioning
  • Interior features: Full unfinished basement with interior entry; Wood-burning fireplace in the living room

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 4-bed/1.5-bath single-family listed at $160k.

Deal economics

  • At list price, monthly cash flow is $315 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $160k).
  • Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.7% vs local median 3.1% in Bethel Park — 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 85/100 on livability (#70 in PA, #483 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, employment A+; Watch: amenities C-, commute F.
  • South Park SD (suburban): math 46% / reading 63% proficiency, ranked #101 of 539 in PA (top 19%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 19% free/reduced lunch — higher-income household profile.
  • Market conditions: Rents flat; 52 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 274 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 6y ago; this cycle's ask has dropped $35k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $108k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $140,712 (12.0% below list)

Questions for the listing agent

  1. It's been on market 274 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 1952 — 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 A-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
1.16%
Cap rate
8.66%
Cash-on-cash
8.44%
DSCR
1.38
GRM
7.2

CMA / ARV

ARV (on-the-fly)
$197,640
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6222 Pleasant St 0.00mi 4/1.0 1,080 (0%) 1mo $150,000 $139 98
6417 Helen St 0.10mi 3/2.0 (-1) 1,080 (0%) 1mo $232,000 $215 87
6207 Pleasant St 0.10mi 3/1.0 (-1) 1,088 (+1%) 9mo $115,000 $106 80
6415 Helen St 0.09mi 3/2.0 (-1) 1,125 (+4%) 2mo $244,900 $218 80
6412 Helen St 0.09mi 3/1.0 (-1) 1,125 (+4%) 3mo $100,000 $89 79
6312 Helen St 0.21mi 3/1.0 (-1) 1,122 (+4%) 1mo $205,000 $183 76
1524 Roosevelt Ave 0.26mi 3/1.5 (-1) 1,110 (+3%) 5mo $236,850 $213 74
6130 Murray Ave 0.36mi 3/2.0 (-1) 1,026 (-5%) 4mo $300,000 $292 64
6489 Simmons Ave 0.36mi 3/1.5 (-1) 1,180 (+9%) 2mo $165,000 $140 61
1543 Roosevelt Ave 0.26mi 3/1.5 (-1) 1,232 (+14%) 1mo $250,015 $203 58
1549 Roosevelt Ave 0.26mi 3/1.0 (-1) 926 (-14%) 3mo $160,000 $173 55
1209 Airedale Dr 0.66mi 3/2.0 (-1) 1,122 (+4%) 2mo $170,000 $152 54

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 · 0.29% rent growth · sell at horizon

5-year hold
IRR
-6.7%
Equity multiple
0.76×
Total profit
$-10,721
Equity at exit
$23,842
10-year hold
IRR
-0.9%
Equity multiple
0.95×
Total profit
$-2,392
Equity at exit
$13,825

Cash invested: $44,772 (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 15129

Rents YoY
0.3%
Active inventory
52
Price-to-rent
7.2×

Monthly cashflow live

Estimated rent
$1,850 high interval (Pro) →
Mortgage (P&I)
$839
Tax from tax record
$241 /mo · $2,897/yr
Insurance
$67
HOA
$0
Vacancy / Maint / Mgmt
$388
Net cashflow
$315

Break-even live

Break-even rent $1,451
Max offer price $159,900
Occupancy floor 78%

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
$39,975
Closing costs
$4,797
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.

Rent comps 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6301 Broad St South Park, PA 3.0 1.0 816 $1,750 $2.14 43d 1 0.19mi
600 Royal Dr South Park Township, PA 1.0–3.0 1.0 801 $1,585 $1.98 1d 17 0.40mi
6478 2nd Ave South Park, PA 3.0 2.0 1326 $1,795 $1.35 43d 1 0.41mi
201 Woods Edge Finleyville, PA 3.0 1.5 1500 $1,600 $1.07 7d 1 1.30mi
1700 Patrick Pl South Park, PA 1.0–3.0 1.0–2.0 972 $1,510 $1.55 1d 15 1.32mi
3106 Southern Dr South Park, PA 4.0 1.0 1125 $1,695 $1.51 1d 1 1.48mi

Listing history 12 events

  1. 2026-05-01
    status Pending
  2. 2026-04-30
    historical Contingent
  3. 2026-03-20
    price $159,900
  4. 2026-01-26
    price $169,900
  5. 2025-11-17
    price $179,900
  6. 2025-08-19
    price $184,900
  7. 2025-07-31
    listed $194,900 Active
  8. 2021-02-12
    soldstatus $108,000
  9. 2021-02-09
    soldstatus $108,000 Closed 663-char remark
    Show marketing remark (663 chars)

    Welcome home to 6222 Pleasant Street! Newly refinished hardwood floors throughout the first floor. The living room features wood burning fireplace with an abundance of natural light. The eat in kitchen has convenient access to the 12x4 side deck. Updated full bath on first floor along with two additional rooms that can be used as bedrooms, den or office. Two additional bedrooms on the second floor. Located in convenient neighborhood close to shopping, restaurants and walk to the "T"! Garage wall completely replaced from back to front with drainage system, new sump pump and French drains, several new Pella windows, new entrance electric service.

  10. 2021-01-08
    status Pending 663-char remark
    Show marketing remark (663 chars)

    Welcome home to 6222 Pleasant Street! Newly refinished hardwood floors throughout the first floor. The living room features wood burning fireplace with an abundance of natural light. The eat in kitchen has convenient access to the 12x4 side deck. Updated full bath on first floor along with two additional rooms that can be used as bedrooms, den or office. Two additional bedrooms on the second floor. Located in convenient neighborhood close to shopping, restaurants and walk to the "T"! Garage wall completely replaced from back to front with drainage system, new sump pump and French drains, several new Pella windows, new entrance electric service.

  11. 2021-01-08
    price $120,000 663-char remark
    Show marketing remark (663 chars)

    Welcome home to 6222 Pleasant Street! Newly refinished hardwood floors throughout the first floor. The living room features wood burning fireplace with an abundance of natural light. The eat in kitchen has convenient access to the 12x4 side deck. Updated full bath on first floor along with two additional rooms that can be used as bedrooms, den or office. Two additional bedrooms on the second floor. Located in convenient neighborhood close to shopping, restaurants and walk to the "T"! Garage wall completely replaced from back to front with drainage system, new sump pump and French drains, several new Pella windows, new entrance electric service.

  12. 2020-11-23
    listed $125,000 Active 663-char remark
    Show marketing remark (663 chars)

    Welcome home to 6222 Pleasant Street! Newly refinished hardwood floors throughout the first floor. The living room features wood burning fireplace with an abundance of natural light. The eat in kitchen has convenient access to the 12x4 side deck. Updated full bath on first floor along with two additional rooms that can be used as bedrooms, den or office. Two additional bedrooms on the second floor. Located in convenient neighborhood close to shopping, restaurants and walk to the "T"! Garage wall completely replaced from back to front with drainage system, new sump pump and French drains, several new Pella windows, new entrance electric service.

ⓘ 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
$2,897 · $241/mo
Projected year-2 tax
$2,897 · $241/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 ≥96°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 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
$22,197
− Mortgage interest
−$8,957
− Property taxes
−$2,897
− Insurance
−$800
− Repairs & maintenance
−$1,776
− Management
−$1,776
− Depreciation
−$4,652
Taxable income
$1,341
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$322
After-tax cash flow
$3,455/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
South Park SD
NCES district ID
4222060
Math proficiency
46% ▼ -12.00%
Reading proficiency
63% ▼ -8.00%
Median HH income
$66,606
Composite
48.04/100
National rank
#2194
State rank
#101 of 539 in PA

Livability — Bethel Park

Score
85/100
State rank
#70
US rank
#483

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Allegheny County · 1,022,028 people
City population
30,344
Metro
Pittsburgh, PA
Population (ZIP)
10,789
Household income
$99,519
Rent vs Own
23.0% rent · 77.0% own
Severe rent burden
269.0

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
Predominantly White (92%)
Race & ethnicity
White 92% Two or more races 4% Black 3% Asian 2%
Common ancestry
Romanian 9% Slovak 3% Serbian 2%
Foreign-born
3% · India, Canada, Jamaica
Languages at home
97% English-only · Other Indo-European 2% Spanish 1%

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
▼ -151.17%
Current HPI
261.5253
Rent YoY
▲ 0.29%
Metro
Pittsburgh, PA
State GDP YoY
▲ 1.68%
F500 in state
34

Industry mix (Fortune 500 HQ in PA)

Industry F500 HQs Revenue

Price history

+27.9% since first listed
12 events — show timeline
  • 2026-05-01 Pending West Penn MLS
  • 2026-04-30 Contingent West Penn MLS
  • 2026-03-20 Price Changed $159,900 West Penn MLS
  • 2026-01-26 Price Changed $169,900 West Penn MLS
  • 2025-11-17 Price Changed $179,900 West Penn MLS
  • 2025-08-19 Price Changed $184,900 West Penn MLS
  • 2025-07-31 Listed $194,900 West Penn MLS
  • 2021-02-12 Sold (Public Records) $108,000 Public Records
  • 2021-02-09 Sold (MLS) $108,000 West Penn MLS
  • 2021-01-08 Pending West Penn MLS
  • 2021-01-08 Price Changed $120,000 West Penn MLS
  • 2020-11-23 Listed $125,000 West Penn MLS

Property tax history

+2.2%/yr

Latest (2026): $2,897 · +2.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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