732 N Warren Ave · Apollo, PA 15613

$19,900

4 bd · 1.0 ba · 1,664 sqft · SingleFamily public records · 18 Days on market

Built 1870 2,003 sqft lot

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Why this score? — see what drove the D 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
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.5/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Great fixer upper in the heart of Apollo, got a few updates including wiring, has adorable living room with nice wood stove, cute kitchen with striking cabinets, spacious dining room and bedrooms, needs complete bathrooms overhauls, new furance, etc and other work as well but the potential is there,

Key facts

• New furnace
• Wood stove
• Striking cabinets

Tags

• UPDATES INCLUDING WIRING
• WOOD STOVE
• STRIKING CABINETS
• SPACIOUS DINING ROOM
• NEW FURNACE

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Two-story home; Resale property
• Construction: Frame construction; Asphalt roof
• Exterior features: Public transportation nearby

Interior

• Kitchen: Main-level kitchen
• Bedrooms: Three upper-level bedrooms; One additional upper-level bedroom (total 4 bedrooms)
• Flooring: Hardwood
• Bathrooms: Two full bathrooms
• Interior features: Hardwood flooring; Unfinished basement

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $20k.

Deal economics

• At list price, monthly cash flow is $983 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $20k).
• Recommended offer: $20k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#771 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D+, amenities F, commute F.
• Apollo-Ridge SD (rural): math 23% / reading 45% proficiency, ranked #425 of 539 in PA (top 79%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 61 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 58 units permitted in Armstrong County in 2024 (20 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $138 of loan paydown is wiped out by about $597 of value loss. Plan a longer hold.
• Armstrong County population projected at -27% 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 $6k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($20k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1870 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $19,601 (1.5% below list)

Questions for the listing agent

1. Built in 1870 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 7.01% ✓
• Cap rate: 65.55%
• Cash-on-cash: 211.62%
• DSCR: 10.42
• GRM: 1.2

CMA / ARV

• ARV (on-the-fly): $184,704
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
322 N 4th St	0.24mi	4/2.0	1,728 (+4%)	2mo	$67,500	$39	77
213 Whittier St	0.47mi	3/2.0 (-1)	1,670 (+0%)	5mo	$185,000	$111	64
508 N 4th St	0.23mi	3/2.0 (-1)	1,714 (+3%)	13mo	$125,000	$73	64
509 1st Street Ext	0.43mi	3/2.0 (-1)	1,598 (-4%)	2mo	$150,000	$94	63
501 N 4th St	0.24mi	4/2.0	1,824 (+10%)	9mo	$50,000	$27	61
109 Longfellow St	0.55mi	3/1.0 (-1)	1,692 (+2%)	13mo	$7,000	$4	56
822 16th St	0.65mi	4/1.5	1,600 (-4%)	18mo	$180,000	$113	46
204 Bryant St	0.42mi	3/2.5 (-1)	1,848 (+11%)	12mo	$148,000	$80	41
634 Rose St	0.71mi	3/2.0 (-1)	1,558 (-6%)	8mo	$265,000	$170	41
625 Rose St	0.75mi	3/3.5 (-1)	1,766 (+6%)	5mo	$340,000	$193	36
1503 Birch Ave	0.61mi	3/2.5 (-1)	1,420 (-15%)	10mo	$180,000	$127	28
1702 Allison Ave	0.56mi	3/2.0 (-1)	1,428 (-14%)	20mo	$185,000	$130	25

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: —
• Equity multiple: 11.66×
• Total profit: $59,370
• Equity at exit: $2,967

10-year hold

• IRR: —
• Equity multiple: 24.75×
• Total profit: $132,327
• Equity at exit: $1,721

Cash invested: $5,572 (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 15613

• Home prices YoY: -14.8%
• Active inventory: 61
• Price-to-rent: 1.2×

Monthly cashflow live

• Estimated rent: $1,395 medium
• Mortgage (P&I): −$104
• Tax from tax record: −$7 /mo · $81/yr
• Insurance: −$8
• HOA: −$0
• Vacancy / Maint / Mgmt: −$293
• Net cashflow: $983

Break-even live

Break-even rent $151

Max offer price $19,900

Occupancy floor 25%

Sensitivity live

Price	-10% $994	-5% $988	+0% $983	+5% $977	+10% $971
Rent	-10% $872	-5% $928	+0% $983	+5% $1,038	+10% $1,093
Rate	-1.0pp $993	-0.5pp $988	base $983	+0.5pp $977	+1.0pp $972

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: $4,975
• Closing costs: $597
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1005 Hancock Ave Vandergrift, PA	3.0	2.0	1400	$1,395	$1.00	18d	1	0.44mi

Listing history 14 events

1. 2026-06-21
   days on market $19,900 Active 18 DOM
2. 2026-06-21
   days on market $19,900 Active 17 DOM
3. 2026-06-18
   days on market $19,900 Active 15 DOM
4. 2026-06-17
   days on market $19,900 Active 14 DOM
5. 2026-06-16
   days on market $19,900 Active 13 DOM
6. 2026-06-15
   days on market $19,900 Active 12 DOM
7. 2026-06-13
   days on market $19,900 Active 10 DOM
8. 2026-06-12
   days on market $19,900 Active 9 DOM
9. 2026-06-09
   days on market $19,900 Active 6 DOM
10. 2026-06-08
    days on market $19,900 Active 5 DOM
11. 2026-06-08
    days on market $19,900 Active 4 DOM
12. 2026-06-07
    days on market $19,900 Active 3 DOM
13. 2026-06-04
    remarks 300-char remark
14. 2026-06-04
    listed $19,900 Active 1 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: $81 · $7/mo
• Projected year-2 tax: $198 · $16/mo
• Expected delta: +$117/yr (+$10/mo · 143.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 75% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,740
• − Mortgage interest: −$1,115
• − Property taxes: −$81
• − Insurance: −$100
• − Repairs & maintenance: −$1,339
• − Management: −$1,339
• − Depreciation: −$579
• Taxable income: $12,187
• Est. tax owed @ 24.0%: −$2,925
• After-tax cash flow: $8,867/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: Apollo-Ridge SD
• NCES district ID: 4202550
• Math proficiency: 23% ▼ -14.00%
• Reading proficiency: 45% ▼ -19.00%
• Median HH income: $43,741
• Composite: 28.83/100
• National rank: #6654
• State rank: #425 of 539 in PA

Livability — Apollo

• Score: 70/100
• State rank: #771
• US rank: #7781

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Apollo, PA
• Population (ZIP): 12,732

Population outlook (Armstrong County) Hauer SSP2

• Today (2025): 62,513 people
• By 2030: 59,579 · -4.7%
• By 2040: 52,890 · -15.4%
• By 2050: 45,904 · -26.6%
• By 2075: 32,023 · -48.8%
• By 2100: 20,415 · -67.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 3% Hispanic / Latino 3%
• Common ancestry: Romanian 7% Lithuanian 2% Iranian 2%
• Foreign-born: 1% · China, Canada, Jamaica
• Languages at home: 97% English-only · Spanish 1% Chinese 1%

Political lean MEDSL · Armstrong

• 2024 margin: Solid R (+53.2) · D 23.0% · R 76.2%
• 2008→2024 swing: -28.6pp toward R · 2008: -24.6pp · 2024: -53.2pp
• All cycles: 2024: R+53.2 2020: R+52.3 2016: R+52.0 2012: R+37.2 2008: R+24.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.35%
• Current HPI: 261.4891
• Rent YoY: —
• Metro: —
• 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

1 event — show timeline

• 2026-06-03 Listed $19,900 West Penn MLS

Property tax history

+1.6%/yr

Latest (2026): $81 · +3.6% YoY. Source: county tax records.