733 N Warren Ave · Apollo, PA 15613

$65,000

3 bd · 1.5 ba · 1,859 sqft · SingleFamily public records · 151 Days on market

Built 1900 4,399 sqft lot $35/sqft · 33% below area Est $97k · 33% under ↓ 13% since listing

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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 MLS

This large brick home offers generous square footage, solid construction, and a flexible layout. The main level includes a spacious living room, kitchen, a den that could be a dining room, and an enclosed porch previously used as an office. Upstairs features three bedrooms, a full bath, and a large hall closet, while the finished attic provides excellent potential for a fourth bedroom, home office, or bonus room. The unfinished basement includes a second bathroom and laundry area. Outside you’ll find a covered patio, a one-car detached garage, and additional off-street parking. The home needs updates, but the size, brick exterior, and layout create a strong foundation for a renovation project, rental property, or flip. Bring your tools and imagination—this property has the bones to become something special with the right improvements.

Key facts

• Finished attic
• Second bathroom
• Flexible layout

Tags

• BRICK HOME
• FLEXIBLE LAYOUT
• SPACIOUS LIVING ROOM
• ENCLOSED PORCH
• FINISHED ATTIC
• SECOND BATHROOM

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $545 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $57k (12.0% 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: 60 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 $449 of loan paydown is wiped out by about $2k 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 $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 151 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 3.5% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 151 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 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?
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: 2.15% ✓
• Cap rate: 16.35%
• Cash-on-cash: 35.93%
• DSCR: 2.60
• GRM: 3.9

CMA / ARV

• ARV (median comp): $97,286
• List price: $65,000
• Delta: -33.19%
• 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
501 N 4th St	0.23mi	4/2.0 (+1)	1,824 (-2%)	9mo	$50,000	$27	72
322 N 4th St	0.23mi	4/2.0 (+1)	1,728 (-7%)	2mo	$67,500	$39	69
404 N Pennsylvania Ave	0.22mi	4/2.0 (+1)	2,040 (+10%)	2mo	$67,500	$33	65
204 Bryant St	0.44mi	3/2.5	1,848 (-1%)	12mo	$148,000	$80	64
508 N 4th St	0.22mi	3/2.0	1,714 (-8%)	13mo	$125,000	$73	64
509 1st Street Ext	0.42mi	3/2.0	1,598 (-14%)	2mo	$150,000	$94	54
213 Whittier St	0.50mi	3/2.0	1,670 (-10%)	5mo	$185,000	$111	54
100 Grace St	0.39mi	2/1.5 (-1)	2,109 (+13%)	7mo	$136,000	$64	48
109 Longfellow St	0.57mi	3/1.0	1,692 (-9%)	12mo	$7,000	$4	46
625 Rose St	0.73mi	3/3.5	1,766 (-5%)	5mo	$340,000	$193	45
1819 Acheson Ave	0.75mi	3/2.5	1,697 (-9%)	17mo	$230,000	$136	32
810 16th St	0.58mi	4/3.5 (+1)	2,135 (+15%)	6mo	$272,700	$128	30

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: 31.7%
• Equity multiple: 2.33×
• Total profit: $24,262
• Equity at exit: $9,692

10-year hold

• IRR: 38.9%
• Equity multiple: 4.64×
• Total profit: $66,174
• Equity at exit: $5,620

Cash invested: $18,200 (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: 60
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,395 medium
• Mortgage (P&I): −$341
• Tax from tax record: −$189 /mo · $2,270/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$293
• Net cashflow: $545

Break-even live

Break-even rent $705

Max offer price $65,000

Occupancy floor 56%

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: $16,250
• Closing costs: $1,950
• 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	17d	1	0.44mi

Listing history 17 events

1. 2026-06-18
   days on market $65,000 Active 151 DOM
2. 2026-06-17
   days on market $65,000 Active 150 DOM
3. 2026-06-16
   days on market $65,000 Active 149 DOM
4. 2026-06-15
   days on market $65,000 Active 148 DOM
5. 2026-06-13
   days on market $65,000 Active 146 DOM
6. 2026-06-12
   days on market $65,000 Active 145 DOM
7. 2026-06-09
   days on market $65,000 Active 142 DOM
8. 2026-06-08
   days on market $65,000 Active 141 DOM
9. 2026-06-08
   days on market $65,000 Active 140 DOM
10. 2026-06-07
    days on market $65,000 Active 139 DOM
11. 2026-06-04
    days on market $65,000 Active 136 DOM
12. 2026-06-02
    days on market $65,000 Active 135 DOM
13. 2026-06-01
    days on market $65,000 Active 134 DOM
14. 2026-05-31
    days on market $65,000 Active 133 DOM
15. 2026-05-16
    historical Contingent 858-char remark

    Show marketing remark (858 chars)

    This large brick home offers generous square footage, solid construction, and a flexible layout. The main level includes a spacious living room, kitchen, a den that could be a dining room, and an enclosed porch previously used as an office. Upstairs features three bedrooms, a full bath, and a large hall closet, while the finished attic provides excellent potential for a fourth bedroom, home office, or bonus room. The unfinished basement includes a second bathroom and laundry area. Outside you’ll find a covered patio, a one-car detached garage, and additional off-street parking. The home needs updates, but the size, brick exterior, and layout create a strong foundation for a renovation project, rental property, or flip. Bring your tools and imagination—this property has the bones to become something special with the right improvements.

16. 2026-04-17
    price $65,000 858-char remark

    Show marketing remark (858 chars)

    This large brick home offers generous square footage, solid construction, and a flexible layout. The main level includes a spacious living room, kitchen, a den that could be a dining room, and an enclosed porch previously used as an office. Upstairs features three bedrooms, a full bath, and a large hall closet, while the finished attic provides excellent potential for a fourth bedroom, home office, or bonus room. The unfinished basement includes a second bathroom and laundry area. Outside you’ll find a covered patio, a one-car detached garage, and additional off-street parking. The home needs updates, but the size, brick exterior, and layout create a strong foundation for a renovation project, rental property, or flip. Bring your tools and imagination—this property has the bones to become something special with the right improvements.

17. 2026-01-17
    listed $75,000 Active 858-char remark

    Show marketing remark (858 chars)

    This large brick home offers generous square footage, solid construction, and a flexible layout. The main level includes a spacious living room, kitchen, a den that could be a dining room, and an enclosed porch previously used as an office. Upstairs features three bedrooms, a full bath, and a large hall closet, while the finished attic provides excellent potential for a fourth bedroom, home office, or bonus room. The unfinished basement includes a second bathroom and laundry area. Outside you’ll find a covered patio, a one-car detached garage, and additional off-street parking. The home needs updates, but the size, brick exterior, and layout create a strong foundation for a renovation project, rental property, or flip. Bring your tools and imagination—this property has the bones to become something special with the right improvements.

ⓘ 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: $2,270 · $189/mo
• Projected year-2 tax: $2,270 · $189/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 8 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: −$3,641
• − Property taxes: −$2,270
• − Insurance: −$325
• − Repairs & maintenance: −$1,339
• − Management: −$1,339
• − Depreciation: −$1,891
• Taxable income: $5,935
• Est. tax owed @ 24.0%: −$1,424
• After-tax cash flow: $5,115/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

-13.3% since first listed

3 events — show timeline

• 2026-05-16 Contingent — West Penn MLS
• 2026-04-17 Price Changed $65,000 West Penn MLS
• 2026-01-17 Listed $75,000 West Penn MLS

Property tax history

+1.5%/yr

Latest (2026): $2,270 · +3.6% YoY. Source: county tax records.