303 Agnew Rd · Jeannette, PA 15644

$79,000

3 bd · 2.0 ba · 2,264 sqft · Other public records · 79 Days on market

Built 1910 0.26 ac lot $35/sqft · 56% below area

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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

Welcome to this spacious home offering plenty of room to grow. Situated on a level yard, this property is perfect for outdoor enjoyment, or simply relaxing. Featuring a 2-car garage , this home has great bones and endless potential with just a few updates. Conveniently located near Route 130, Route 30, and Route 66, you’ll enjoy easy access to shopping, dining, and everyday essentials. A fantastic opportunity to create the home of your dreams!

Key facts

• Level yard
• 0.26 acre lot
• Garage

Tags

• LEVEL YARD
• EASY ACCESS TO SHOPPING
• EASY ACCESS TO DINING
• EASY ACCESS TO ESSENTIALS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $79k.

Deal economics

• At list price, monthly cash flow is $587 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $79k).
• Recommended offer: $74k (6.0% 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; 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 $546 of loan paydown is wiped out by about $2k 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 $22k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 79 days — a 6% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 32y ago; this cycle's ask has dropped $21k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $74,260 (6.0% below list)

Questions for the listing agent

1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 1.85% ✓
• Cap rate: 15.20%
• Cash-on-cash: 31.82%
• DSCR: 2.42
• GRM: 4.5

CMA / ARV

• ARV (median comp): $180,171
• List price: $79,000
• Delta: -56.15%
• Verdict: UNDERPRICED
• Comps: 18 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 26.8%
• Equity multiple: 2.11×
• Total profit: $24,597
• Equity at exit: $11,779

10-year hold

• IRR: 34.4%
• Equity multiple: 4.15×
• Total profit: $69,678
• Equity at exit: $6,830

Cash invested: $22,120 (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 15644

• Home prices YoY: -34.7%
• Active inventory: 130
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,464 medium
• Mortgage (P&I): −$414
• Tax from tax record: −$123 /mo · $1,472/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$307
• Net cashflow: $587

Break-even live

Break-even rent $721

Max offer price $79,000

Occupancy floor 55%

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $79,000 Active 79 DOM
2. 2026-06-17
   days on market $79,000 Active 78 DOM
3. 2026-06-16
   days on market $79,000 Active 77 DOM
4. 2026-06-15
   days on market $79,000 Active 76 DOM
5. 2026-06-13
   days on market $79,000 Active 74 DOM
6. 2026-06-09
   days on market $79,000 Active 70 DOM
7. 2026-06-08
   days on market $79,000 Active 69 DOM
8. 2026-06-07
   pricedays on market $79,000 Active 68 DOM
9. 2026-06-03
   days on market $89,900 Active 64 DOM
10. 2026-06-02
    days on market $89,900 Active 63 DOM
11. 2026-06-01
    days on market $89,900 Active 62 DOM
12. 2026-05-31
    days on market $89,900 Active 61 DOM
13. 2026-05-06
    price $89,900 453-char remark

    Show marketing remark (453 chars)

    Welcome to this spacious home offering plenty of room to grow. Situated on a level yard, this property is perfect for outdoor enjoyment, or simply relaxing. Featuring a 2-car garage , this home has great bones and endless potential with just a few updates. Conveniently located near Route 130, Route 30, and Route 66, you’ll enjoy easy access to shopping, dining, and everyday essentials. A fantastic opportunity to create the home of your dreams!

14. 2026-04-20
    price $95,000 453-char remark

    Show marketing remark (453 chars)

    Welcome to this spacious home offering plenty of room to grow. Situated on a level yard, this property is perfect for outdoor enjoyment, or simply relaxing. Featuring a 2-car garage , this home has great bones and endless potential with just a few updates. Conveniently located near Route 130, Route 30, and Route 66, you’ll enjoy easy access to shopping, dining, and everyday essentials. A fantastic opportunity to create the home of your dreams!

15. 2026-03-31
    listed $99,900 Active 453-char remark

    Show marketing remark (453 chars)

    Welcome to this spacious home offering plenty of room to grow. Situated on a level yard, this property is perfect for outdoor enjoyment, or simply relaxing. Featuring a 2-car garage , this home has great bones and endless potential with just a few updates. Conveniently located near Route 130, Route 30, and Route 66, you’ll enjoy easy access to shopping, dining, and everyday essentials. A fantastic opportunity to create the home of your dreams!

16. 2024-05-21
    listed $87,500 Active 285-char remark

    Show marketing remark (285 chars)

    Spacious 3-bed / 2-bath home situated on a large, flat lot! Large driveway & 2-car detached garage. This home has the potential to be turned into a multi-family property. Conveniently located to RT130, RT66 & RT30, restaurants & shopping. Don't miss this opportunity!

17. 2016-10-24
    historical Withdrawn
18. 2016-07-18
    price $69,900
19. 2016-06-16
    price $79,900
20. 2016-05-10
    listed $89,900 Active
21. 1995-05-08
    soldstatus $70,000
22. 1994-05-18
    listed $47,900

ⓘ 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: $1,472 · $123/mo
• Projected year-2 tax: $1,472 · $123/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 · 20 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: $17,567
• − Mortgage interest: −$4,425
• − Property taxes: −$1,472
• − Insurance: −$395
• − Repairs & maintenance: −$1,405
• − Management: −$1,405
• − Depreciation: −$2,298
• Taxable income: $6,166
• Est. tax owed @ 24.0%: −$1,480
• After-tax cash flow: $5,560/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

+87.7% since first listed

10 events — show timeline

• 2026-05-06 Price Changed $89,900 West Penn MLS
• 2026-04-20 Price Changed $95,000 West Penn MLS
• 2026-03-31 Listed $99,900 West Penn MLS
• 2024-05-21 Listed $87,500 West Penn MLS
• 2016-10-24 Delisted — West Penn MLS
• 2016-07-18 Price Changed $69,900 West Penn MLS
• 2016-06-16 Price Changed $79,900 West Penn MLS
• 2016-05-10 Listed $89,900 West Penn MLS
• 1995-05-08 Sold (MLS) $70,000 West Penn MLS
• 1994-05-18 Listed $47,900 West Penn MLS

Property tax history

+1.1%/yr

Latest (2026): $1,472 · +0.0% YoY. Source: county tax records.