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114 Thompson Ave
C- Composite 50.59
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 +15.0/30.0
  • ARV discount +7.5/15.0
  • Appreciation +7.5/10.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.4/10.0

$18,000

114 Thompson Ave · Donora, PA 15033
3 bd · 1.0 ba · 1,218 sqft · SingleFamily public records · 185 Days on market
Built 1910 2,199 sqft lot $15/sqft · 64% below area

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This 3-bedroom, 1-bath Donora home is the perfect investment opportunity—ideal for anyone looking to quickly add value and get a property cash flowing. With a welcoming front porch, a back porch overlooking the yard, and solid bones ready for improvement, this home offers great potential with the right updates. Conveniently located near Palmer Park, Donora War Memorial Park, Cascade Park, and local favorites along McKean Avenue, it’s a prime spot for future tenants and a smart addition to any rental portfolio.

Key facts

  • Overlooking the yard
  • Front porch
  • Near cascade park

Tags

FRONT PORCHBACK PORCHOVERLOOKING THE YARDNEAR PALMER PARKNEAR DONORA WAR MEMORIAL PARKNEAR CASCADE PARK

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 3-bed/1.0-bath single-family listed at $18k.

Deal economics

  • At list price, monthly cash flow is $745 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $18k).
  • Recommended offer: $16k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 64/100 on livability (#1,198 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: health & safety D, amenities F, commute F.
  • Ringgold SD (suburban): math 19% / reading 36% proficiency, ranked #452 of 539 in PA (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Ringgold El Sch South (math 22% / reading 47%, grade F, #1,049 of 1,518 statewide, top 71%, 580 students, 100% FRL); Ringgold Ms (math 9% / reading 29%, grade F, #447 of 512 statewide, top 88%, 787 students, 100% FRL); Ringgold Shs (math 57% / reading 24%, grade F, #255 of 437 statewide, top 60%, 852 students, 82% FRL) — zoned schools average 94% FRL vs 41% district-wide (53 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 21 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 489 units permitted in Washington County in 2024 (30 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($40k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $1k of equity ($124 loan paydown + $905 appreciation (5.0% local appreciation)).
  • Washington County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (5.0% appreciation + 3.0% rent growth), your $5k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 185 days — a 12% lower offer ($16k) is reasonable based on typical stale-listing flexibility.
  • 12 sale attempts since 8y ago; this cycle's ask has dropped $12k (40%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: property tax is 3.1% of price; built in 1910 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $15,840 (12.0% below list)

Questions for the listing agent

  1. It's been on market 185 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 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  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
6.28%
Cap rate
55.99%
Cash-on-cash
177.48%
DSCR
8.90
GRM
1.3

CMA / ARV

ARV (median comp)
$49,938
List price
$18,000
Delta
-63.96%
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
329 3rd St 0.15mi 2/1.0 (-1) 1,211 (-1%) 9mo $8,500 $7 79
127 Cherry Way 0.04mi 2/1.0 (-1) 1,092 (-10%) 8mo $66,250 $61 69
401 Short St 0.27mi 3/2.0 1,264 (+4%) 10mo $19,900 $16 69
156 Grandview Ave 0.61mi 3/1.5 1,188 (-2%) 6mo $120,000 $101 60
446 5th St 0.31mi 3/2.0 1,351 (+11%) 9mo $42,000 $31 55
832 Walnut St 0.39mi 3/2.0 1,107 (-9%) 9mo $162,000 $146 55
30 Manor Rd 0.71mi 3/2.0 1,230 (+1%) 10mo $190,000 $154 53
506 Allen Ave 0.38mi 3/1.0 1,376 (+13%) 15mo $19,000 $14 48
999 Thompson Ave 0.73mi 3/1.0 1,313 (+8%) 7mo $40,000 $30 48
622 3rd St 0.38mi 4/2.0 (+1) 1,330 (+9%) 14mo $82,000 $62 46
801 9th St 0.73mi 2/1.5 (-1) 1,106 (-9%) 3mo $139,900 $126 42
926 Heslep Ave 0.65mi 3/2.0 1,332 (+9%) 11mo $20,000 $15 41

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

Projected returns pro-forma

5.03% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
11.26×
Total profit
$51,687
Equity at exit
$10,232
10-year hold
IRR
Equity multiple
23.87×
Total profit
$115,254
Equity at exit
$17,686

Cash invested: $5,040 (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 15033

Home prices YoY
4.8%
Active inventory
21
Price-to-rent
1.3×

Monthly cashflow live

Estimated rent
$1,131 medium interval (Pro) →
Mortgage (P&I)
$94
Tax from tax record
$46 /mo · $555/yr
Insurance
$8
HOA
$0
Vacancy / Maint / Mgmt
$238
Net cashflow
$745

Break-even live

Break-even rent $188
Max offer price $18,000
Occupancy floor 29%

Sensitivity live

Price -10% $756 -5% $751 +0% $745 +5% $740 +10% $735
Rent -10% $656 -5% $701 +0% $745 +5% $790 +10% $835
Rate -1.0pp $754 -0.5pp $750 base $745 +0.5pp $741 +1.0pp $736

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
$4,500
Closing costs
$540
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
404 1st St Unit 404 Donora, PA 2.0 1.0 900 $1,150 $1.28 3d 1 0.10mi
641 3rd St Donora, PA 2.0 1.5 950 $1,000 $1.05 45d 1 0.37mi

Listing history 50 events

  1. 2026-06-15
    days on market $18,000 Active 185 DOM
  2. 2026-06-13
    days on market $18,000 Active 183 DOM
  3. 2026-06-13
    days on market $18,000 Active 182 DOM
  4. 2026-06-09
    days on market $18,000 Active 179 DOM
  5. 2026-06-08
    days on market $18,000 Active 178 DOM
  6. 2026-06-07
    days on market $18,000 Active 177 DOM
  7. 2026-06-05
    days on market $18,000 Active 174 DOM
  8. 2026-06-03
    days on market $18,000 Active 173 DOM
  9. 2026-06-02
    days on market $18,000 Active 172 DOM
  10. 2026-06-01
    days on market $18,000 Active 171 DOM
  11. 2026-05-31
    days on market $18,000 Active 170 DOM
  12. 2026-04-21
    price $18,000 527-char remark
    Show marketing remark (527 chars)

    This 3-bedroom, 1-bath Donora home is the perfect investment opportunity—ideal for anyone looking to quickly add value and get a property cash flowing. With a welcoming front porch, a back porch overlooking the yard, and solid bones ready for improvement, this home offers great potential with the right updates. Conveniently located near Palmer Park, Donora War Memorial Park, Cascade Park, and local favorites along McKean Avenue, it’s a prime spot for future tenants and a smart addition to any rental portfolio.

  13. 2026-03-11
    price $20,000 527-char remark
    Show marketing remark (527 chars)

    This 3-bedroom, 1-bath Donora home is the perfect investment opportunity—ideal for anyone looking to quickly add value and get a property cash flowing. With a welcoming front porch, a back porch overlooking the yard, and solid bones ready for improvement, this home offers great potential with the right updates. Conveniently located near Palmer Park, Donora War Memorial Park, Cascade Park, and local favorites along McKean Avenue, it’s a prime spot for future tenants and a smart addition to any rental portfolio.

  14. 2026-01-13
    price $25,000 527-char remark
    Show marketing remark (527 chars)

    This 3-bedroom, 1-bath Donora home is the perfect investment opportunity—ideal for anyone looking to quickly add value and get a property cash flowing. With a welcoming front porch, a back porch overlooking the yard, and solid bones ready for improvement, this home offers great potential with the right updates. Conveniently located near Palmer Park, Donora War Memorial Park, Cascade Park, and local favorites along McKean Avenue, it’s a prime spot for future tenants and a smart addition to any rental portfolio.

  15. 2025-12-12
    listed $30,000 Active 527-char remark
    Show marketing remark (527 chars)

    This 3-bedroom, 1-bath Donora home is the perfect investment opportunity—ideal for anyone looking to quickly add value and get a property cash flowing. With a welcoming front porch, a back porch overlooking the yard, and solid bones ready for improvement, this home offers great potential with the right updates. Conveniently located near Palmer Park, Donora War Memorial Park, Cascade Park, and local favorites along McKean Avenue, it’s a prime spot for future tenants and a smart addition to any rental portfolio.

  16. 2022-08-08
    price $19,900 212-char remark
    Show marketing remark (212 chars)

    Nice size home with original hardwood floors, spacious bedrooms and covered front/back porch. Large Fenced back yard. Great location. Located on public bus route, School bus route and near stores and restaurants.

  17. 2022-07-17
    price $22,000 212-char remark
    Show marketing remark (212 chars)

    Nice size home with original hardwood floors, spacious bedrooms and covered front/back porch. Large Fenced back yard. Great location. Located on public bus route, School bus route and near stores and restaurants.

  18. 2022-05-10
    price $22,500 212-char remark
    Show marketing remark (212 chars)

    Nice size home with original hardwood floors, spacious bedrooms and covered front/back porch. Large Fenced back yard. Great location. Located on public bus route, School bus route and near stores and restaurants.

  19. 2022-04-20
    listed $25,000 Active 212-char remark
    Show marketing remark (212 chars)

    Nice size home with original hardwood floors, spacious bedrooms and covered front/back porch. Large Fenced back yard. Great location. Located on public bus route, School bus route and near stores and restaurants.

  20. 2020-10-01
    status Pending
  21. 2020-10-01
    soldstatus $16,000 Closed
  22. 2020-09-14
    historical Contingent
  23. 2020-09-07
    status Active
  24. 2020-09-05
    status Pending
  25. 2020-09-02
    listed $18,000 Active
  26. 2020-08-27
    historical
  27. 2020-08-25
    price $18,500
  28. 2020-08-04
    price $19,900
  29. 2020-07-10
    price $21,000
  30. 2020-06-22
    listed $22,500 Active
  31. 2020-06-12
    historical Withdrawn
  32. 2020-06-06
    listed $19,499 Active
  33. 2020-05-02
    historical Withdrawn
  34. 2020-04-18
    price $17,000
  35. 2020-02-28
    price $16,990
  36. 2020-02-20
    price $17,000
  37. 2020-02-14
    price $17,001
  38. 2020-02-05
    price $17,000
  39. 2020-01-09
    price $18,000
  40. 2020-01-03
    price $19,999
  41. 2019-12-20
    price $19,399
  42. 2019-12-12
    price $19,499
  43. 2019-11-27
    price $19,900
  44. 2019-11-08
    price $20,000
  45. 2019-10-18
    listed $21,000 Active
  46. 2019-10-08
    historical Expired
  47. 2019-09-16
    price $21,000
  48. 2019-09-01
    price $25,000
  49. 2019-08-11
    price $24,500
  50. 2019-08-08
    price $24,000

ⓘ 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
$555 · $46/mo
Projected year-2 tax
$555 · $46/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 4/10 Moderate 7 d/yr ≥98°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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$13,573
− Mortgage interest
−$1,008
− Property taxes
−$555
− Insurance
−$90
− Repairs & maintenance
−$1,086
− Management
−$1,086
− Depreciation
−$524
Taxable income
$9,225
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,214
After-tax cash flow
$6,731/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
Ringgold SD
NCES district ID
4220400
Math proficiency
19% ▼ -20.00%
Reading proficiency
36% ▼ -18.00%
Median HH income
$46,754
Composite
23.75/100
National rank
#7819
State rank
#452 of 539 in PA

Livability — Donora

Score
64/100
State rank
#1198
US rank
#14079

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Donora, PA
County
Washington County · 106,469 people
City population
4,572
Metro
Pittsburgh, PA
Population (ZIP)
4,572
Household income
$39,921
Rent vs Own
46.4% rent · 53.6% own
Severe rent burden
363.0

Population outlook (Washington County) Hauer SSP2

Today (2025)
208,060 people
By 2030
207,168 · -0.4%
By 2040
202,738 · -2.6%
By 2050
195,269 · -6.1%
By 2075
175,588 · -15.6%
By 2100
145,827 · -29.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (73%)
Race & ethnicity
White 73% Black 16% Two or more races 9% Hispanic / Latino 3%
Common ancestry
Scotch-Irish 5% Romanian 5% Subsaharan African 1%
Foreign-born
1%

Political lean MEDSL · Washington

2024 margin
Strong R (+25.5) · D 36.9% · R 62.4%
2008→2024 swing
-20.8pp toward R · 2008: -4.7pp · 2024: -25.5pp
All cycles
2024: R+25.5 2020: R+22.8 2016: R+25.3 2012: R+13.3 2008: R+4.7

Not yet ingested

Civics

Market trends

HPI YoY
▲ 5.03%
Current HPI
110.5976
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

Price history

+39.2% since first listed
62 events — show timeline
  • 2026-04-21 Price Changed $18,000 West Penn MLS
  • 2026-03-11 Price Changed $20,000 West Penn MLS
  • 2026-01-13 Price Changed $25,000 West Penn MLS
  • 2025-12-12 Listed $30,000 West Penn MLS
  • 2022-08-08 Price Changed $19,900 West Penn MLS
  • 2022-07-17 Price Changed $22,000 West Penn MLS
  • 2022-05-10 Price Changed $22,500 West Penn MLS
  • 2022-04-20 Listed $25,000 West Penn MLS
  • 2020-10-01 Pending West Penn MLS
  • 2020-10-01 Sold (MLS) $16,000 West Penn MLS
  • 2020-09-14 Contingent West Penn MLS
  • 2020-09-07 Relisted West Penn MLS
  • 2020-09-05 Pending West Penn MLS
  • 2020-09-02 Listed $18,000 West Penn MLS
  • 2020-08-27 Delisted West Penn MLS
  • 2020-08-25 Price Changed $18,500 West Penn MLS
  • 2020-08-04 Price Changed $19,900 West Penn MLS
  • 2020-07-10 Price Changed $21,000 West Penn MLS
  • 2020-06-22 Listed $22,500 West Penn MLS
  • 2020-06-12 Delisted West Penn MLS
  • 2020-06-06 Listed $19,499 West Penn MLS
  • 2020-05-02 Delisted West Penn MLS
  • 2020-04-18 Price Changed $17,000 West Penn MLS
  • 2020-02-28 Price Changed $16,990 West Penn MLS
  • 2020-02-20 Price Changed $17,000 West Penn MLS
  • 2020-02-14 Price Changed $17,001 West Penn MLS
  • 2020-02-05 Price Changed $17,000 West Penn MLS
  • 2020-01-09 Price Changed $18,000 West Penn MLS
  • 2020-01-03 Price Changed $19,999 West Penn MLS
  • 2019-12-20 Price Changed $19,399 West Penn MLS
  • 2019-12-12 Price Changed $19,499 West Penn MLS
  • 2019-11-27 Price Changed $19,900 West Penn MLS
  • 2019-11-08 Price Changed $20,000 West Penn MLS
  • 2019-10-18 Listed $21,000 West Penn MLS
  • 2019-10-08 Delisted West Penn MLS
  • 2019-09-16 Price Changed $21,000 West Penn MLS
  • 2019-09-01 Price Changed $25,000 West Penn MLS
  • 2019-08-11 Price Changed $24,500 West Penn MLS
  • 2019-08-08 Price Changed $24,000 West Penn MLS
  • 2019-07-21 Price Changed $25,000 West Penn MLS
  • 2019-07-14 Price Changed $19,900 West Penn MLS
  • 2019-07-08 Price Changed $24,000 West Penn MLS
  • 2019-06-27 Price Changed $23,000 West Penn MLS
  • 2019-06-11 Price Changed $24,000 West Penn MLS
  • 2019-05-26 Price Changed $24,999 West Penn MLS
  • 2019-05-05 Price Changed $24,000 West Penn MLS
  • 2019-04-12 Price Changed $25,000 West Penn MLS
  • 2019-04-02 Relisted West Penn MLS
  • 2019-03-23 Pending West Penn MLS
  • 2019-03-12 Listed $21,000 West Penn MLS
  • 2019-01-13 Delisted West Penn MLS
  • 2019-01-08 Price Changed $19,500 West Penn MLS
  • 2019-01-08 Relisted West Penn MLS
  • 2018-11-05 Price Changed $19,900 West Penn MLS
  • 2018-08-02 Delisted West Penn MLS
  • 2018-07-19 Price Changed $25,000 West Penn MLS
  • 2018-07-16 Price Changed $27,000 West Penn MLS
  • 2018-07-13 Listed $29,900 West Penn MLS
  • 2018-03-16 Sold (MLS) $6,450 West Penn MLS
  • 2018-02-16 Pending West Penn MLS
  • 2018-01-08 Listed $7,900 West Penn MLS
  • 2002-05-20 Sold (Public Records) $12,930 Public Records

Property tax history

-3.8%/yr

Latest (2026): $555 · +2.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…