749 Pershing St · Ellwood City, PA 16117

$54,900

3 bd · 1.0 ba · 1,290 sqft · SingleFamily public records · 15 Days on market

Built 1943 6,969 sqft lot ↓ 58% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.6/5.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

749 Pershing Street is nestled in Ellwood City’s desirable Ewing Park neighborhood — brimming with potential! Featuring a spacious living and dining area with brick fireplace. The country-style kitchen has cabinets galore. Enjoy family gatherings or your morning coffee on the deck overlooking the spacious backyard. Upstairs, you’ll find 3 generous-sized bedrooms and a full bath. The lower level offers laundry and plenty of storage space. This home offers a solid layout and classic details. Just steps from community amenities like football games, public swimming pool, shopping and restaurants, this property is an ideal investment opportunity. With some TLC, it has the potential to shine as a beautiful family home or income-producing rental.

Key facts

• Brick fireplace
• Community amenities
• Public swimming pool

Tags

• EWING PARK NEIGHBORHOOD
• BRICK FIREPLACE
• COUNTRY-STYLE KITCHEN
• DECK OVERLOOKING BACKYARD
• COMMUNITY AMENITIES
• PUBLIC SWIMMING POOL

Property features AI

Finance

• HOA & community: Public transportation nearby

Exterior

• Parking: Detached garage (1 parking space)
• Utilities: Public water; Public sewer
• Home design: 2-story frame home; Asphalt roof; Resale property
• Construction: Frame construction; Asphalt roof
• Exterior features: Public water; Public sewer; Public transportation access

Interior

• Bathrooms: One full bathroom
• Interior features: Decorative fireplace (1)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $687 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $54k (1.5% below list) — sets the bar for market timing.
• Cap rate 21.3% vs local median 5.3% in Ellwood City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#610 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety C-, amenities F, commute F.
• Ellwood City Area SD (town): math 28% / reading 56% proficiency, ranked #334 of 539 in PA (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 53 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 51 units permitted in Lawrence County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Lawrence County population projected at -25% 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 $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($54k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 4y 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.

Risks & watch-outs

• Watch-outs: built in 1943 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $54,076 (1.5% below list)

Questions for the listing agent

1. Built in 1943 — 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 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?
4. 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.
5. 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.
6. 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: 2.46% ✓
• Cap rate: 21.31%
• Cash-on-cash: 53.64%
• DSCR: 3.39
• GRM: 3.4

CMA / ARV

• ARV (on-the-fly): $166,410
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
908 Aetna Dr	0.23mi	3/1.5	1,156 (-10%)	4mo	$220,000	$190	67
209 Line Ave	0.42mi	3/1.5	1,206 (-6%)	3mo	$180,000	$149	66
104 Pittsburgh Cir	0.58mi	3/1.5	1,334 (+3%)	4mo	$100,000	$75	62
511 Bridge St	0.56mi	3/1.5	1,404 (+9%)	2mo	$135,000	$96	55
412 Orchard Ave	0.60mi	3/1.5	1,400 (+8%)	3mo	$170,000	$121	53
118 Glen Ave	0.64mi	3/1.0	1,400 (+8%)	6mo	$239,900	$171	51
328 Line Ave	0.57mi	2/2.5 (-1)	1,203 (-7%)	2mo	$205,000	$170	50
434 1st Ave	0.69mi	3/2.5	1,392 (+8%)	3mo	$65,000	$47	46
418 1st Ave	0.66mi	2/1.5 (-1)	1,200 (-7%)	6mo	$141,000	$118	46
306 E Hazen Ave	0.73mi	3/2.0	1,442 (+12%)	3mo	$185,500	$129	40
108 Golf Ave	0.67mi	2/2.0 (-1)	1,168 (-10%)	5mo	$219,900	$188	40
410 Wampum Ave	0.68mi	2/1.0 (-1)	1,096 (-15%)	8mo	$75,000	$68	32

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: 51.8%
• Equity multiple: 3.27×
• Total profit: $34,886
• Equity at exit: $8,186

10-year hold

• IRR: 57.1%
• Equity multiple: 6.65×
• Total profit: $86,811
• Equity at exit: $4,747

Cash invested: $15,372 (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 16117

• Home prices YoY: -7.5%
• Active inventory: 53
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $1,350 medium
• Mortgage (P&I): −$288
• Tax est. 1.5%: −$69 /mo · $824/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$284
• Net cashflow: $687

Break-even live

Break-even rent $480

Max offer price $54,900

Occupancy floor 44%

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: $13,725
• Closing costs: $1,647
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
716 Hazel Ave Ellwood City, PA	3.0	1.5	1037	$1,350	$1.30	3d	1	0.95mi

Listing history 11 events

1. 2026-06-19
   days on market $54,900 Active 15 DOM
2. 2026-06-18
   days on market $54,900 Active 14 DOM
3. 2026-06-17
   days on market $54,900 Active 13 DOM
4. 2026-06-16
   days on market $54,900 Active 12 DOM
5. 2026-06-15
   days on market $54,900 Active 11 DOM
6. 2026-06-14
   days on market $54,900 Active 9 DOM
7. 2026-06-12
   days on market $54,900 Active 8 DOM
8. 2026-06-09
   days on market $54,900 Active 5 DOM
9. 2026-06-08
   days on market $54,900 Active 4 DOM
10. 2026-06-07
    remarks 681-char remark
11. 2026-06-07
    listed $54,900 Active 3 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,200
• − Mortgage interest: −$3,075
• − Property taxes: −$824
• − Insurance: −$274
• − Repairs & maintenance: −$1,296
• − Management: −$1,296
• − Depreciation: −$1,597
• Taxable income: $7,838
• Est. tax owed @ 24.0%: −$1,881
• After-tax cash flow: $6,364/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: Ellwood City Area SD
• NCES district ID: 4209240
• Math proficiency: 28% ▼ -17.00%
• Reading proficiency: 56% ▼ -14.00%
• Median HH income: $44,230
• Composite: 35.49/100
• National rank: #4921
• State rank: #334 of 539 in PA

Livability — Ellwood City

• Score: 72/100
• State rank: #610
• US rank: #5866

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ellwood City, PA
• Population (ZIP): 16,013

Population outlook (Lawrence County) Hauer SSP2

• Today (2025): 81,781 people
• By 2030: 77,978 · -4.7%
• By 2040: 69,522 · -15.0%
• By 2050: 61,344 · -25.0%
• By 2075: 45,027 · -44.9%
• By 2100: 31,305 · -61.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Serbian 3% Lithuanian 2%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Lawrence

• 2024 margin: Solid R (+33.8) · D 32.8% · R 66.5%
• 2008→2024 swing: -28.7pp toward R · 2008: -5.1pp · 2024: -33.8pp
• All cycles: 2024: R+33.8 2020: R+29.6 2016: R+28.1 2012: R+9.0 2008: R+5.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -20.81%
• Current HPI: 257.3336
• 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

-57.7% since first listed

16 events — show timeline

• 2026-06-04 Listed $54,900 West Penn MLS
• 2025-10-05 Pending — West Penn MLS
• 2025-09-24 Listed $64,900 West Penn MLS
• 2024-06-18 Delisted — West Penn MLS
• 2023-07-05 Relisted — West Penn MLS
• 2023-06-21 Contingent — West Penn MLS
• 2023-06-19 Listed $99,000 West Penn MLS
• 2023-06-14 Delisted — West Penn MLS
• 2023-06-06 Relisted — West Penn MLS
• 2023-04-18 Contingent — West Penn MLS
• 2023-03-08 Relisted — West Penn MLS
• 2023-03-08 Price Changed $99,000 West Penn MLS
• 2022-10-04 Price Changed $109,000 West Penn MLS
• 2022-07-26 Price Changed $115,000 West Penn MLS
• 2022-07-11 Price Changed $120,000 West Penn MLS
• 2022-06-15 Listed $129,900 West Penn MLS

Property tax history

+3.1%/yr

Latest (2026): $2,922 · +10.8% YoY. Source: county tax records.