436 Oak St · Indiana, PA 15701

$38,480

4 bd · 1.0 ba · 1,912 sqft · SingleFamily public records · 36 Days on market

Built 1920 7,405 sqft lot $20/sqft · 75% below area

---

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
• Schools +4.8/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Stunning 4 bedroom, 2 full bath Victorian with all the charm of the times but current amenities! First floor laundry is just one of many. Beautiful home with outdoor cornices to interior hardwood floors. Flat & private back yard. 2 car detached garage.

Key facts

• 7,405 sq ft lot
• Garage
• Built 1920

Property features AI

Finance

• Other: Fee simple ownership

Exterior

• Parking: Detached garage (1 car)
• Utilities: Other water source
• Home design: Detached structure
• Construction: Above-grade living space approximately 2,032 finished; Other foundation; Other above-grade structures
• Exterior features: No tidal water

Interior

• Bedrooms: Four bedrooms on the main level
• Bathrooms: Two full bathrooms (both on the main level)
• Heating & cooling: Other heating; Other cooling; Other hot water
• Interior features: Basement present

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $38k.

Deal economics

• At list price, monthly cash flow is $717 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $38k).
• Recommended offer: $37k (3.0% below list) — sets the bar for market timing.
• Cap rate 28.7% vs local median 2.2% in Indiana — 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 75/100 on livability (#429 in PA, #3,920 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, cost of living A+; Watch: amenities F, commute F, employment F.
• Indiana Area SD (town): math 49% / reading 67% proficiency, ranked #96 of 539 in PA (top 18%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 94 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 44 units permitted in Indiana County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $266 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Indiana County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($37k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 11y 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.

Risks & watch-outs

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

Recommended offer $37,325 (3.0% below list)

Questions for the listing agent

1. It's been on market 36 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 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?
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: 3.23% ✓
• Cap rate: 28.65%
• Cash-on-cash: 79.85%
• DSCR: 4.55
• GRM: 2.6

CMA / ARV

• ARV (median comp): $162,568
• List price: $38,480
• Delta: -76.33%
• 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
414 Oak St	0.03mi	4/1.0	1,641 (-14%)	12mo	$149,397	$91	65
436 Forest Ridge Rd	0.69mi	3/2.0 (-1)	1,920 (+0%)	1mo	$401,000	$209	57
470 Grandview Ave	0.74mi	5/2.0 (+1)	1,915 (+0%)	2mo	$171,000	$89	54
654 S 5th St	0.71mi	3/1.5 (-1)	1,931 (+1%)	7mo	$155,000	$80	52
116 Philadelphia St	0.44mi	4/1.5	1,680 (-12%)	6mo	$85,500	$51	52
969 Water St	0.60mi	4/2.0	2,060 (+8%)	9mo	$96,500	$47	48
920 Chestnut St	0.52mi	5/2.0 (+1)	2,174 (+14%)	3mo	$240,000	$110	42
459 Forest Ridge Rd	0.67mi	5/3.5 (+1)	2,072 (+8%)	2mo	$502,000	$242	38
420 Edgewood Ave	0.70mi	3/2.0 (-1)	1,736 (-9%)	6mo	$268,000	$154	38
515 Locust St	0.53mi	3/1.5 (-1)	1,628 (-15%)	7mo	$197,000	$121	38
528 S 6th St	0.73mi	3/2.5 (-1)	1,690 (-12%)	8mo	$210,000	$124	29
250 Grant St	0.72mi	3/3.0 (-1)	1,638 (-14%)	8mo	$264,000	$161	23

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: 80.0%
• Equity multiple: 4.66×
• Total profit: $39,448
• Equity at exit: $5,737

10-year hold

• IRR: 83.5%
• Equity multiple: 9.65×
• Total profit: $93,228
• Equity at exit: $3,327

Cash invested: $10,774 (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 15701

• Home prices YoY: -26.2%
• Active inventory: 94
• Price-to-rent: 2.6×

Monthly cashflow live

• Estimated rent: $1,244 medium
• Mortgage (P&I): −$202
• Tax est. 1.5%: −$48 /mo · $577/yr
• Insurance: −$16
• HOA: −$0
• Vacancy / Maint / Mgmt: −$261
• Net cashflow: $717

Break-even live

Break-even rent $337

Max offer price $38,480

Occupancy floor 37%

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: $9,620
• Closing costs: $1,154
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1227 W Maple St Indiana, PA	2.0–5.0	1.0–2.5	990	$500	$0.51	43d	1	1.13mi

Listing history 22 events

1. 2026-06-18
   status $38,480 Pending 36 DOM
2. 2026-06-18
   days on market $38,480 Active 36 DOM
3. 2026-06-17
   days on market $38,480 Active 35 DOM
4. 2026-06-16
   days on market $38,480 Active 34 DOM
5. 2026-06-15
   days on market $38,480 Active 33 DOM
6. 2026-06-14
   days on market $38,480 Active 31 DOM
7. 2026-06-12
   days on market $38,480 Active 30 DOM
8. 2026-06-09
   days on market $38,480 Active 27 DOM
9. 2026-06-08
   days on market $38,480 Active 26 DOM
10. 2026-06-07
    days on market $38,480 Active 25 DOM
11. 2026-06-02
    days on market $38,480 Active 20 DOM
12. 2026-06-01
    days on market $38,480 Active 19 DOM
13. 2026-05-31
    days on market $38,480 Active 18 DOM
14. 2026-05-30
    days on market $38,480 Active 17 DOM
15. 2026-05-13
    listed $38,480 Active 761-char remark
16. 2015-07-23
    soldstatus $105,000
17. 2015-07-22
    price $105,000 258-char remark

    Show marketing remark (258 chars)

    Stunning 4 bedroom, 2 full bath Victorian with all the charm of the times but current amenities! First floor laundry is just one of many. Beautiful home with outdoor cornices to interior hardwood floors. Flat & private back yard. 2 car detached garage.

18. 2015-07-21
    price $114,000 258-char remark

    Show marketing remark (258 chars)

    Stunning 4 bedroom, 2 full bath Victorian with all the charm of the times but current amenities! First floor laundry is just one of many. Beautiful home with outdoor cornices to interior hardwood floors. Flat & private back yard. 2 car detached garage.

19. 2015-07-21
    soldstatus $105,000 Sold 258-char remark

    Show marketing remark (258 chars)

    Stunning 4 bedroom, 2 full bath Victorian with all the charm of the times but current amenities! First floor laundry is just one of many. Beautiful home with outdoor cornices to interior hardwood floors. Flat & private back yard. 2 car detached garage.

20. 2015-06-07
    status Under Contract 258-char remark

    Show marketing remark (258 chars)

    Stunning 4 bedroom, 2 full bath Victorian with all the charm of the times but current amenities! First floor laundry is just one of many. Beautiful home with outdoor cornices to interior hardwood floors. Flat & private back yard. 2 car detached garage.

21. 2015-05-15
    price $114,000 258-char remark

    Show marketing remark (258 chars)

    Stunning 4 bedroom, 2 full bath Victorian with all the charm of the times but current amenities! First floor laundry is just one of many. Beautiful home with outdoor cornices to interior hardwood floors. Flat & private back yard. 2 car detached garage.

22. 2015-04-23
    listed $119,000 Active 258-char remark

    Show marketing remark (258 chars)

    Stunning 4 bedroom, 2 full bath Victorian with all the charm of the times but current amenities! First floor laundry is just one of many. Beautiful home with outdoor cornices to interior hardwood floors. Flat & private back yard. 2 car detached garage.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥95°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,930
• − Mortgage interest: −$2,155
• − Property taxes: −$577
• − Insurance: −$192
• − Repairs & maintenance: −$1,194
• − Management: −$1,194
• − Depreciation: −$1,119
• Taxable income: $8,497
• Est. tax owed @ 24.0%: −$2,039
• After-tax cash flow: $6,565/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: Indiana Area SD
• NCES district ID: 4212150
• Math proficiency: 49% ▼ -9.00%
• Reading proficiency: 67% ▼ -8.00%
• Median HH income: $40,558
• Composite: 48.44/100
• National rank: #2133
• State rank: #96 of 539 in PA

Livability — Indiana

• Score: 75/100
• State rank: #429
• US rank: #3920

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Indiana, PA
• County: Indiana County · 31,269 people
• City population: 31,269
• Metro: Indiana, PA
• Population (ZIP): 31,269
• Household income: $56,311
• Rent vs Own: 41.7% rent · 58.3% own
• Severe rent burden: 1590.0

Population outlook (Indiana County) Hauer SSP2

• Today (2025): 84,294 people
• By 2030: 81,773 · -3.0%
• By 2040: 75,213 · -10.8%
• By 2050: 69,348 · -17.7%
• By 2075: 57,951 · -31.3%
• By 2100: 47,313 · -43.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Black 4% Two or more races 3% Hispanic / Latino 2% Asian 2%
• Common ancestry: Romanian 7% Serbian 3% Italian 2%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Other Indo-European 2% Arabic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Indiana

• 2024 margin: Solid R (+39.1) · D 30.1% · R 69.2%
• 2008→2024 swing: -32.0pp toward R · 2008: -7.1pp · 2024: -39.1pp
• All cycles: 2024: R+39.1 2020: R+37.5 2016: R+35.6 2012: R+18.8 2008: R+7.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -59.33%
• Current HPI: 167.0982
• Rent YoY: —
• Metro: Indiana, 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

-67.7% since first listed

8 events — show timeline

• 2026-05-13 Listed $38,480 BRIGHT MLS
• 2015-07-23 Sold (Public Records) $105,000 Public Records
• 2015-07-22 Price Changed $105,000 West Penn MLS
• 2015-07-21 Sold (MLS) $105,000 West Penn MLS
• 2015-07-21 Price Changed $114,000 West Penn MLS
• 2015-06-07 Pending — West Penn MLS
• 2015-05-15 Price Changed $114,000 West Penn MLS
• 2015-04-23 Listed $119,000 West Penn MLS

Property tax history

+4.1%/yr

Latest (2026): $3,608 · +1.7% YoY. Source: county tax records.