1421 Ridge Ave · North Braddock, PA 15104

$50,000

2 bd · 1.5 ba · 1,035 sqft · SingleFamily public records · 45 Days on market

Built 1920 1,598 sqft lot $48/sqft · 26% below area Est $67k · 26% under ↓ 29% 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +4.2/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

Key facts

• Large eat-in kitchen
• Manageable lot
• Walk-out basement

Tags

• LARGE EAT-IN KITCHEN
• MAIN-FLOOR BATHROOM
• MASSIVE CONCRETE REAR PAD
• WALK-OUT BASEMENT
• MANAGEABLE LOT

Property features AI

Finance

• HOA & community: Public transportation access

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: 2-story residence; Resale property; Asphalt roof
• Construction: Asphalt roof
• Exterior features: On-street parking; Public transportation nearby

Interior

• Flooring: Carpet; Hardwood; Laminate
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced-air gas heating; Central air conditioning
• Interior features: Carpet, hardwood, and laminate flooring; Walk-out basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $499 ($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 73/100 on livability (#550 in PA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, amenities F, employment F.
• Woodland Hills SD (suburban): math 13% / reading 30% proficiency, ranked #486 of 539 in PA (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 37 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 54% 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).
• This rent runs 31% of the median local income ($40k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-1.6%/yr); year-one equity from $346 of loan paydown is wiped out by about $811 of value loss. Plan a longer hold.
• At projected returns (-1.6% 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 45 days — a 3% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts 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.

Risks & watch-outs

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

Recommended offer $48,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 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 1920 — 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 2.06% ✓
• Cap rate: 18.27%
• Cash-on-cash: 42.77%
• DSCR: 2.90
• GRM: 4.0

CMA / ARV

• ARV (median comp): $67,202
• List price: $50,000
• Delta: -25.60%
• 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
1916 Pallas St	0.16mi	2/1.0	1,009 (-2%)	8mo	$47,800	$47	80
1601 Wolfe Ave	0.22mi	2/1.0	1,120 (+8%)	4mo	$25,000	$22	71
1326 Wolfe Ave	0.21mi	2/1.0	1,108 (+7%)	8mo	$55,850	$50	70
240 Wilkins Ave	0.47mi	2/1.0	998 (-4%)	1mo	$155,000	$155	69
548 Ridge Ave	0.42mi	2/1.0	1,081 (+4%)	3mo	$111,000	$103	69
119 Elizabeth Ave	0.45mi	2/1.0	1,017 (-2%)	9mo	$132,500	$130	67
107 Ivy St	0.70mi	2/2.0	1,040 (+0%)	7mo	$90,000	$87	58
242 Seneca St	0.50mi	2/1.0	945 (-9%)	9mo	$5,000	$5	53
339 Avenue A	0.57mi	3/1.5 (+1)	1,134 (+10%)	2mo	$159,000	$140	51
206 Parklane Dr	0.53mi	3/2.0 (+1)	975 (-6%)	9mo	$225,000	$231	51
505 South Park St	0.70mi	3/1.0 (+1)	980 (-5%)	5mo	$18,500	$19	48
436 Cline St	0.55mi	2/1.0	880 (-15%)	2mo	$60,000	$68	46

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

Projected returns pro-forma

-1.62% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 41.6%
• Equity multiple: 2.90×
• Total profit: $26,625
• Equity at exit: $10,593

10-year hold

• IRR: 46.3%
• Equity multiple: 5.77×
• Total profit: $66,774
• Equity at exit: $9,910

Cash invested: $14,000 (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 15104

• Home prices YoY: -1.1%
• Active inventory: 37
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $1,029 high
• Mortgage (P&I): −$262
• Tax from tax record: −$31 /mo · $369/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$216
• Net cashflow: $499

Break-even live

Break-even rent $397

Max offer price $50,000

Occupancy floor 46%

Sensitivity live

Price	-10% $527	-5% $513	+0% $499	+5% $485	+10% $471
Rent	-10% $418	-5% $458	+0% $499	+5% $540	+10% $580
Rate	-1.0pp $524	-0.5pp $512	base $499	+0.5pp $486	+1.0pp $473

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: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1508 Ridge Ave Unit 3 Braddock, PA	1.0	1.0	850	$680	$0.80	44d	1	0.10mi
1310 Brinton Ave Unit 1 Braddock, PA	2.0	1.0	800	$1,000	$1.25	44d	1	0.17mi
219 North Ave Unit 1 East Pittsburgh, PA	2.0	1.0	850	$900	$1.06	4d	1	0.23mi
810 Wood St Unit 1 East Pittsburgh, PA	1.0	1.0	1000	$1,200	$1.20	8d	1	0.39mi
227 Parklane Dr Unit Parklane Dr unit North Braddock, PA	3.0	1.0	1107	$1,500	$1.36	13d	1	0.45mi
12 Demmer Ave Unit 2 Pittsburgh, PA	1.0	1.0	750	$725	$0.97	24d	1	0.60mi
101 Center St East Pittsburgh, PA	3.0	1.0	1500	$1,505	$1.00	11d	1	0.64mi
407 Bessemer Ave Unit 407-3 East Pittsburgh, PA	2.0	1.0	1280	$775	$0.61	44d	1	0.67mi
505 Washington St Turtle Creek, PA	2.0	1.0	1064	$1,200	$1.13	44d	1	0.77mi
906 Penn Ave Unit A Turtle Creek, PA	2.0	2.0	1122	$1,250	$1.11	44d	1	0.81mi
906 Penn Ave Unit B Turtle Creek, PA	3.0	1.0	820	$1,250	$1.52	24d	1	0.81mi
906 Penn Ave Unit D Turtle Creek, PA	3.0	2.0	1277	$1,400	$1.10	44d	1	0.81mi
906 Penn Ave Unit B Turtle Creek, PA	3.0	1.0	820	$1,250	$1.52	44d	1	0.81mi
221 Grant St Unit 221-B Turtle Creek, PA	2.0	1.0	756	$775	$1.03	44d	1	0.84mi
17 Sumner Ave Pittsburgh, PA	1.0	1.0	800	$950	$1.19	44d	1	0.95mi
539 Atlantic Ave Unit 2 Pittsburgh, PA	3.0	1.0	1200	$995	$0.83	44d	1	1.02mi
918 Oak Ave Turtle Creek, PA	1.0	1.0	750	$1,100	$1.47	24d	1	1.03mi
342 Kenyon St Turtle Creek, PA	1.0–2.0	1.0	850	$1,155	$1.36	15d	6	1.04mi
817 Kirkpatrick Ave Unit 8171-A Braddock, PA	2.0	1.0	866	$800	$0.92	44d	1	1.08mi
400 Greensburg Pike North Versailles, PA	3.0	1.0	1324	$1,250	$0.94	44d	1	1.13mi
1607 Girard Ave North Versailles, PA	3.0	2.0	1400	$1,595	$1.14	24d	1	1.24mi
610 Brown Ave Turtle Creek, PA	3.0	1.0	1268	$1,499	$1.18	5d	1	1.29mi
173 Churchill Rd Turtle Creek, PA	1.0–2.0	1.0	820	$1,175	$1.43	18d	2	1.30mi
537 6th St Braddock, PA	3.0	1.0	1360	$1,400	$1.03	44d	1	1.31mi
622 Mercer St Unit B Turtle Creek, PA	1.0	1.0	725	$1,300	$1.79	8d	1	1.35mi
1615 Lynn Ave Unit 2 Turtle Creek, PA	2.0	1.0	1100	$1,145	$1.04	44d	1	1.44mi

Listing history 25 events

1. 2026-06-21
   days on market $50,000 Active 45 DOM
2. 2026-06-18
   days on market $50,000 Active 42 DOM
3. 2026-06-17
   days on market $50,000 Active 41 DOM
4. 2026-06-16
   days on market $50,000 Active 40 DOM
5. 2026-06-15
   days on market $50,000 Active 39 DOM
6. 2026-06-13
   days on market $50,000 Active 37 DOM
7. 2026-06-09
   days on market $50,000 Active 33 DOM
8. 2026-06-08
   days on market $50,000 Active 32 DOM
9. 2026-06-07
   days on market $50,000 Active 31 DOM
10. 2026-06-05
    days on market $50,000 Active 28 DOM
11. 2026-06-03
    days on market $50,000 Active 27 DOM
12. 2026-06-02
    days on market $50,000 Active 26 DOM
13. 2026-06-01
    days on market $50,000 Active 25 DOM
14. 2026-05-31
    days on market $50,000 Active 24 DOM
15. 2026-05-07
    listed $50,000 Active 854-char remark
16. 2026-05-06
    historical Expired 286-char remark

    Show marketing remark (286 chars)

    Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

17. 2026-03-19
    status Active 286-char remark

    Show marketing remark (286 chars)

    Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

18. 2026-02-28
    historical Contingent 286-char remark

    Show marketing remark (286 chars)

    Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

19. 2025-12-09
    price $50,000 286-char remark

    Show marketing remark (286 chars)

    Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

20. 2025-11-19
    listed $55,000 Active 286-char remark

    Show marketing remark (286 chars)

    Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

21. 2025-11-18
    historical Expired

    Show marketing remark (286 chars)

    Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

22. 2025-08-06
    price $55,000

    Show marketing remark (286 chars)

    Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

23. 2025-06-25
    price $60,000

    Show marketing remark (286 chars)

    Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

24. 2025-05-18
    price $65,000

    Show marketing remark (286 chars)

    Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

25. 2025-05-07
    listed $70,000 Active

    Show marketing remark (286 chars)

    Calling all visionaries! This 2-bedroom, 2.5-bathroom home in North Braddock is your opportunity to create a truly personalized space. Featuring an eat-in kitchen and a functional layout. This home is a fantastic chance to invest in your future and create the home you've always wanted!

ⓘ 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: $369 · $31/mo
• Projected year-2 tax: $580 · $48/mo
• Expected delta: +$210/yr (+$18/mo · 56.9%)

ⓘ 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 ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,347
• − Mortgage interest: −$2,801
• − Property taxes: −$369
• − Insurance: −$250
• − Repairs & maintenance: −$988
• − Management: −$988
• − Depreciation: −$1,455
• Taxable income: $5,496
• Est. tax owed @ 24.0%: −$1,319
• After-tax cash flow: $4,669/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: Woodland Hills SD
• NCES district ID: 4216500
• Math proficiency: 13% ▼ -13.00%
• Reading proficiency: 30% ▼ -10.00%
• Median HH income: $41,803
• Composite: 18.31/100
• National rank: #8954
• State rank: #486 of 539 in PA

Livability — North Braddock

• Score: 73/100
• State rank: #550
• US rank: #5126

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Braddock, PA
• County: Allegheny County · 1,022,028 people
• City population: 7,946
• Metro: Pittsburgh, PA
• Population (ZIP): 8,034
• Household income: $40,104
• Rent vs Own: 56.3% rent · 43.7% own
• Severe rent burden: 515.0

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 0.56)
• Race & ethnicity: Black 59% White 31% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 4% Hispanic 1% Lithuanian 1%
• Foreign-born: 0%
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -1.62%
• Current HPI: 138.912
• 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

-28.6% since first listed

11 events — show timeline

• 2026-05-07 Listed $50,000 West Penn MLS
• 2026-05-06 Delisted — West Penn MLS
• 2026-03-19 Relisted — West Penn MLS
• 2026-02-28 Contingent — West Penn MLS
• 2025-12-09 Price Changed $50,000 West Penn MLS
• 2025-11-19 Listed $55,000 West Penn MLS
• 2025-11-18 Delisted — West Penn MLS
• 2025-08-06 Price Changed $55,000 West Penn MLS
• 2025-06-25 Price Changed $60,000 West Penn MLS
• 2025-05-18 Price Changed $65,000 West Penn MLS
• 2025-05-07 Listed $70,000 West Penn MLS

Property tax history

-2.5%/yr

Latest (2026): $369 · +2.9% YoY. Source: county tax records.