1008 1/2 Gaskill Ave · Jeannette, PA 15644

$35,000

3 bd · 1.0 ba · 1,472 sqft · Other public records · 265 Days on market

Built 1900 2,757 sqft lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious two story home with a large front covered porch. Plenty of counter and cabinet space in the large Eat in Kitchen. Upstairs you will find both bedrooms and the full bathroom. There is a full partially finished basement for added storage space. Located minutes to US-30, Toll rds 66 and 76.

Key facts

• Expansive kitchen
• Captive bedroom
• Formal living room

Tags

• FORMAL LIVING ROOM
• EXPANSIVE KITCHEN
• UPPER LEVEL
• CAPTIVE BEDROOM
• EXPANDED CLOSET SPACE
• FULL DAYLIGHT BASEMENT

Property features AI

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer
• Home design: Two-story residence; Resale property
• Construction: Aluminum siding and frame construction; Asphalt roof
• Exterior features: 21 x 136 x 20 x 135 lot dimensions

Interior

• Kitchen: Kitchen on main level
• Bedrooms: Three bedrooms (two upper-level)
• Flooring: Hardwood
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating (gas)
• Interior features: Hardwood flooring; Full basement with walk-out access

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $35k.

Deal economics

• At list price, monthly cash flow is $689 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $31k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 59/100 on livability (#1,552 in PA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, schools B; Watch: crime D+, amenities F, commute F.
• Jeannette City SD (suburban): math 25% / reading 47% proficiency, ranked #417 of 539 in PA (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 130 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 415 units permitted in Westmoreland County in 2024 (10 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $242 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Westmoreland County population projected at -19% 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 $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 265 days — a 12% lower offer ($31k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 15y ago; this cycle's ask has dropped $25k (42%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.4% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $30,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 265 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 1900 — 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 B-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?
7. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. 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.
9. 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.
10. 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: 3.56% ✓
• Cap rate: 29.93%
• Cash-on-cash: 84.41%
• DSCR: 4.76
• GRM: 2.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 84.9%
• Equity multiple: 4.91×
• Total profit: $38,285
• Equity at exit: $5,219

10-year hold

• IRR: 88.1%
• Equity multiple: 10.19×
• Total profit: $90,084
• Equity at exit: $3,026

Cash invested: $9,800 (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 15644

• Home prices YoY: -34.7%
• Active inventory: 130
• Price-to-rent: 2.3×

Monthly cashflow live

• Estimated rent: $1,247 high
• Mortgage (P&I): −$184
• Tax from tax record: −$98 /mo · $1,174/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $689

Break-even live

Break-even rent $375

Max offer price $35,000

Occupancy floor 40%

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
211 S 7th St Unit A Jeannette, PA	3.0	1.0	900	$1,450	$1.61	1d	1	0.33mi
36 Gaskill Ave Unit 2 Jeannette, PA	3.0	1.0	1100	$950	$0.86	1d	1	0.62mi
305 Chestnut St Jeannette, PA	2.0	1.0	1250	$1,265	$1.01	10d	1	0.65mi
8 Good St Unit 2 Jeannette, PA	2.0	1.0	1280	$825	$0.64	43d	1	0.73mi
508 Lowry Ave Jeannette, PA	2.0	1.0	1000	$950	$0.95	43d	1	0.79mi
104 Baughman Ave Unit 1 Jeannette, PA	2.0	2.0	1000	$1,200	$1.20	19d	1	1.01mi
1218 Lewis Ave Jeannette, PA	3.0	1.0	1200	$1,550	$1.29	10d	1	1.46mi

Listing history 23 events

1. 2026-06-18
   days on market $35,000 Active 265 DOM
2. 2026-06-17
   days on market $35,000 Active 264 DOM
3. 2026-06-16
   days on market $35,000 Active 263 DOM
4. 2026-06-15
   days on market $35,000 Active 262 DOM
5. 2026-06-13
   days on market $35,000 Active 260 DOM
6. 2026-06-09
   days on market $35,000 Active 256 DOM
7. 2026-06-08
   days on market $35,000 Active 255 DOM
8. 2026-06-07
   days on market $35,000 Active 254 DOM
9. 2026-06-03
   days on market $35,000 Active 250 DOM
10. 2026-06-02
    days on market $35,000 Active 249 DOM
11. 2026-06-01
    days on market $35,000 Active 248 DOM
12. 2026-05-31
    days on market $35,000 Active 247 DOM
13. 2026-05-20
    status Active
14. 2026-04-07
    historical Contingent
15. 2026-03-11
    price $40,000
16. 2026-01-15
    price $50,000
17. 2025-09-26
    listed $60,000 Active
18. 2025-06-26
    listed $49,900 Active
19. 2025-04-30
    status Active 297-char remark

    Show marketing remark (297 chars)

    Spacious two story home with a large front covered porch. Plenty of counter and cabinet space in the large Eat in Kitchen. Upstairs you will find both bedrooms and the full bathroom. There is a full partially finished basement for added storage space. Located minutes to US-30, Toll rds 66 and 76.

20. 2025-04-25
    historical Contingent 297-char remark

    Show marketing remark (297 chars)

    Spacious two story home with a large front covered porch. Plenty of counter and cabinet space in the large Eat in Kitchen. Upstairs you will find both bedrooms and the full bathroom. There is a full partially finished basement for added storage space. Located minutes to US-30, Toll rds 66 and 76.

21. 2025-03-26
    price $49,900 297-char remark

    Show marketing remark (297 chars)

    Spacious two story home with a large front covered porch. Plenty of counter and cabinet space in the large Eat in Kitchen. Upstairs you will find both bedrooms and the full bathroom. There is a full partially finished basement for added storage space. Located minutes to US-30, Toll rds 66 and 76.

22. 2025-02-07
    listed $55,000 Active 297-char remark

    Show marketing remark (297 chars)

    Spacious two story home with a large front covered porch. Plenty of counter and cabinet space in the large Eat in Kitchen. Upstairs you will find both bedrooms and the full bathroom. There is a full partially finished basement for added storage space. Located minutes to US-30, Toll rds 66 and 76.

23. 2011-03-23
    listed $27,900

ⓘ 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: $1,174 · $98/mo
• Projected year-2 tax: $1,174 · $98/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 ≥95°F today · 19 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

Taxation est. · year 1

• Rental income: $14,967
• − Mortgage interest: −$1,961
• − Property taxes: −$1,174
• − Insurance: −$175
• − Repairs & maintenance: −$1,197
• − Management: −$1,197
• − Depreciation: −$1,018
• Taxable income: $8,244
• Est. tax owed @ 24.0%: −$1,979
• After-tax cash flow: $6,293/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: Jeannette City SD
• NCES district ID: 4212330
• Math proficiency: 25% ▼ -8.00%
• Reading proficiency: 47% ▼ -7.00%
• Median HH income: $37,400
• Composite: 29.88/100
• National rank: #6398
• State rank: #417 of 539 in PA

Livability — Jeannette

• Score: 59/100
• State rank: #1552
• US rank: #20510

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jeannette, PA
• County: Westmoreland County · 183,777 people
• City population: 18,512
• Metro: Pittsburgh, PA
• Population (ZIP): 18,512
• Household income: $64,684
• Rent vs Own: 22.9% rent · 77.1% own
• Severe rent burden: 342.0

Population outlook (Westmoreland County) Hauer SSP2

• Today (2025): 342,555 people
• By 2030: 331,717 · -3.2%
• By 2040: 304,976 · -11.0%
• By 2050: 277,444 · -19.0%
• By 2075: 224,607 · -34.4%
• By 2100: 171,084 · -50.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Two or more races 6% Black 5% Hispanic / Latino 3%
• Common ancestry: Romanian 6% Italian 2% Slovak 1%
• Foreign-born: 2% · Canada, South Korea
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Westmoreland

• 2024 margin: Strong R (+28.4) · D 35.4% · R 63.9%
• 2008→2024 swing: -11.7pp toward R · 2008: -16.7pp · 2024: -28.4pp
• All cycles: 2024: R+28.4 2020: R+28.3 2016: R+31.3 2012: R+23.7 2008: R+16.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -95.33%
• Current HPI: 179.5086
• 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

+43.4% since first listed

11 events — show timeline

• 2026-05-20 Relisted — West Penn MLS
• 2026-04-07 Contingent — West Penn MLS
• 2026-03-11 Price Changed $40,000 West Penn MLS
• 2026-01-15 Price Changed $50,000 West Penn MLS
• 2025-09-26 Listed $60,000 West Penn MLS
• 2025-06-26 Listed $49,900 West Penn MLS
• 2025-04-30 Relisted — West Penn MLS
• 2025-04-25 Contingent — West Penn MLS
• 2025-03-26 Price Changed $49,900 West Penn MLS
• 2025-02-07 Listed $55,000 West Penn MLS
• 2011-03-23 Listed $27,900 West Penn MLS

Property tax history

+1.1%/yr

Latest (2026): $1,174 · +0.0% YoY. Source: county tax records.