302 Idlewood Rd · Penn Hills, PA 15235

$179,000

2 bd · 1.5 ba · 1,153 sqft · SingleFamily public records · 20 Days on market

Built 1947 9,273 sqft lot Est $158k · 13% over

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Why this score? — see what drove the F 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 +11.6/30.0
• Rent growth +4.4/5.0
• DSCR +3.4/10.0
• 1% rule +3.0/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• ARV discount +1.5/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home is located on a quiet street in Penn Hills. Perfect home for investors. Home needs TLC.

Key facts

• Finished game area
• Cape cod style home
• Newer windows

Tags

• CAPE COD STYLE HOME
• UPDATED AND REMODELED
• NEWER WINDOWS
• FINISHED GAME AREA
• AMPLE STORAGE

Property features AI

Exterior

• Parking: Attached garage; Built-in parking
• Utilities: Public water; Public sewer
• Construction: Brick exterior; Composition roof
• Exterior features: Brick construction; Composition roof; Resale condition; Lot about 0.21 acres

Interior

• Kitchen: Refrigerator; Stove; Some gas appliances
• Flooring: Hardwood; Laminate; Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air gas heating; Central air conditioning
• Interior features: Multi-pane windows; Basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $179k.

Deal economics

• At list price, monthly cash flow is $-56 ($-669/yr) — negative.
• To cash-flow at today's rent, offer at most $169k (5.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $142k (20.4% below list).
• Recommended offer: $142k (20.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade F — affects rentability + tenant quality, not the cash-flow math above.
• Penn Hills SD (suburban): math 13% / reading 24% proficiency, ranked #496 of 539 in PA (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+7.6%/yr); 129 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 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 20 days — a 2% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 17y 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 $18k; list at $179k implies a 894% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $142,413 (20.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1947 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.80% ✗
• Cap rate: 5.92%
• Cash-on-cash: -1.33%
• DSCR: 0.94
• GRM: 10.5

CMA / ARV

• ARV (on-the-fly): $157,961
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
230 Idlewood Rd	0.14mi	2/1.5	1,062 (-8%)	2mo	$135,000	$127	78
117 Clay Dr	0.30mi	3/2.0 (+1)	1,163 (+1%)	2mo	$194,000	$167	76
1243 Universal Rd	0.37mi	3/1.5 (+1)	1,163 (+1%)	2mo	$149,000	$128	75
393 Collins Dr	0.17mi	3/3.0 (+1)	1,238 (+7%)	5mo	$182,000	$147	65
105 Clay Dr	0.31mi	3/2.0 (+1)	1,080 (-6%)	7mo	$92,500	$86	62
136 Deerfield Dr	0.71mi	3/1.5 (+1)	1,145 (-1%)	1mo	$190,000	$166	60
833 Macbeth Dr	0.34mi	3/2.0 (+1)	1,250 (+8%)	8mo	$235,000	$188	57
131 S Joslyn Dr	0.35mi	3/1.0 (+1)	988 (-14%)	2mo	$88,000	$89	51
333 Stotler Rd	0.71mi	3/1.0 (+1)	1,026 (-11%)	3mo	$201,000	$196	38
430 Parkridge Dr	0.74mi	3/1.0 (+1)	1,276 (+11%)	7mo	$139,175	$109	35
124 Lewis Dr	0.55mi	3/3.0 (+1)	1,318 (+14%)	7mo	$180,000	$137	34
129 Windsor Dr	0.69mi	3/1.0 (+1)	992 (-14%)	7mo	$84,000	$85	31

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 · 7.63% rent growth · sell at horizon

5-year hold

• IRR: -13.7%
• Equity multiple: 0.49×
• Total profit: $-25,624
• Equity at exit: $26,689

10-year hold

• IRR: 1.0%
• Equity multiple: 1.09×
• Total profit: $4,422
• Equity at exit: $15,477

Cash invested: $50,120 (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 15235

• Home prices YoY: -34.1%
• Rents YoY: 7.6%
• Active inventory: 129
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,424 high
• Mortgage (P&I): −$939
• Tax from tax record: −$168 /mo · $2,010/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $-56

Break-even live

Break-even rent $1,495

Max offer price $169,155

Occupancy floor 99%

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: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
154 Collins Dr Pittsburgh, PA	3.0	1.0	986	$1,295	$1.31	2d	1	0.24mi
279 Hazel Rd Pittsburgh, PA	3.0	1.0	1080	$1,732	$1.60	44d	1	0.24mi
98 Stotler Rd Penn Hills, PA	2.0–3.0	1.0	1660	$1,200	$0.72	7d	3	0.38mi
717 Jefferson Rd Pittsburgh, PA	3.0	1.0	1152	$1,295	$1.12	14d	1	0.43mi
175 Charleston Dr Pittsburgh, PA	3.0	2.0	1163	$1,799	$1.55	23d	1	0.51mi
261 Universal Rd Unit 261UNIV Pittsburgh, PA	3.0	1.0	1100	$1,225	$1.11	3d	1	0.52mi
127 Stowe Dr Pittsburgh, PA	3.0	1.0	948	$1,495	$1.58	21d	1	0.53mi
325 Poe Dr Pittsburgh, PA	2.0	1.0	1056	$1,599	$1.51	44d	1	0.55mi
1160 Jefferson Rd Pittsburgh, PA	3.0	1.0	1066	$1,295	$1.21	14d	1	0.93mi
11843 Joan Dr Pittsburgh, PA	3.0	1.0	1144	$1,500	$1.31	4d	1	1.21mi
3910 Old William Penn Hwy Penn Hills, PA	2.0	1.0–2.0	750	$1,175	$1.57	2d	3	1.22mi
409 Nike Dr Pittsburgh, PA	2.0	1.0	1225	$1,325	$1.08	23d	1	1.36mi

Listing history 14 events

1. 2026-06-18
   days on market $179,000 Active 20 DOM
2. 2026-06-17
   days on market $179,000 Active 19 DOM
3. 2026-06-16
   days on market $179,000 Active 18 DOM
4. 2026-06-15
   days on market $179,000 Active 17 DOM
5. 2026-06-13
   days on market $179,000 Active 15 DOM
6. 2026-06-13
   days on market $179,000 Active 14 DOM
7. 2026-06-09
   days on market $179,000 Active 11 DOM
8. 2026-06-08
   days on market $179,000 Active 10 DOM
9. 2026-06-07
   days on market $179,000 Active 9 DOM
10. 2026-06-05
    days on market $179,000 Active 6 DOM
11. 2026-06-03
    days on market $179,000 Active 5 DOM
12. 2026-06-02
    days on market $179,000 Active 4 DOM
13. 2026-06-01
    days on market $179,000 Active 3 DOM
14. 2026-05-31
    days on market $179,000 Active 2 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: $2,010 · $168/mo
• Projected year-2 tax: $2,419 · $202/mo
• Expected delta: +$409/yr (+$34/mo · 20.3%)

ⓘ 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 · 17 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: $17,090
• − Mortgage interest: −$10,027
• − Property taxes: −$2,010
• − Insurance: −$895
• − Repairs & maintenance: −$1,367
• − Management: −$1,367
• − Depreciation: −$5,207
• Taxable loss: −$3,784
• Est. tax savings @ 24.0%: +$908
• After-tax cash flow: $239/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: Penn Hills SD
• NCES district ID: 4218590
• Math proficiency: 13% ▼ -6.00%
• Reading proficiency: 24% ▼ -14.00%
• Median HH income: $47,794
• Composite: 16.42/100
• National rank: #9192
• State rank: #496 of 539 in PA

Livability — Penn Hills

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Allegheny County · 1,022,028 people
• Metro: Pittsburgh, PA
• Population (ZIP): 33,951
• Household income: $67,240
• Rent vs Own: 25.2% rent · 74.8% own
• Severe rent burden: 955.0

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 0.58)
• Race & ethnicity: White 51% Black 40% Two or more races 7% Hispanic / Latino 2%
• Common ancestry: Romanian 5% Serbian 2% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 97% English-only · Other Indo-European 1% 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: ▼ -121.68%
• Current HPI: 235.4861
• Rent YoY: ▲ 7.63%
• 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

+894.4% since first listed

7 events — show timeline

• 2026-05-29 Listed $179,000 West Penn MLS
• 2019-03-22 Sold (Public Records) $18,000 Public Records
• 2017-03-15 Delisted — West Penn MLS
• 2016-07-15 Listed $50,000 West Penn MLS
• 2010-07-08 Sold (MLS) $18,000 West Penn MLS
• 2010-07-08 Price Changed $39,500 West Penn MLS
• 2009-07-22 Listed $18,000 West Penn MLS

Property tax history

+2.5%/yr

Latest (2026): $2,010 · +0.0% YoY. Source: county tax records.