734 Main St · Addison, PA 15411

$175,000

3 bd · 0.5 ba · 1,596 sqft · SingleFamily public records · 209 Days on market

Built 1910 0.25 ac 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 +11.2/30.0
• ARV discount +7.5/15.0
• Appreciation +5.4/10.0
• Schools +4.0/10.0
• DSCR +3.3/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0

Listing remarks MLS

This house is located near the center of Addison and is close to the Somerfield Lake and Marina. It has a large living room and a formal dining room. It has three bedrooms, main floor laundry, mud room, shed, and detached garage with workshop.

Key facts

• Private lot
• Formal dining room
• Large living room

Tags

• LARGE LIVING ROOM
• FORMAL DINING ROOM
• MAIN FLOOR LAUNDRY AREA
• PRIVATE LOT

Property features AI

Exterior

• Parking: Detached garage; Off-street parking
• Utilities: Public water; Septic tank
• Home design: 2-story home; Resale property; Vinyl siding
• Construction: Vinyl siding construction
• Exterior features: Public water; Septic tank

Interior

• Kitchen: Refrigerator; Stove
• Flooring: Carpet; Vinyl
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Hot water heating; Oil heating
• Interior features: Basement with interior entry
• Laundry & utility: Washer; Dryer; Some electric appliances

What this means for you Summary

Snapshot

• This is a 3-bed/0.5-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $-67 ($-804/yr) — negative.
• To cash-flow at today's rent, offer at most $163k (6.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $128k (26.7% below list).
• Recommended offer: $128k (26.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 62/100 on livability (#1,350 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: amenities F, commute F, health & safety D-.
• Turkeyfoot Valley Area SD (rural): math 40% / reading 50% proficiency, ranked #473 of 658 in PA (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Turkeyfoot Valley Area El Sch (math 22% / reading 37%, grade F, #1,125 of 1,518 statewide, top 75%, 150 students, 100% FRL); Turkeyfoot Valley Area Jshs (math 32% / reading 34%, grade F, #325 of 437 statewide, top 75%, 126 students, 90% FRL) — zoned schools average 95% FRL vs 52% district-wide (43 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 31% at this address vs 45% district-wide (-14 pts) — the specific schools serving this property underperform the Turkeyfoot Valley Area SD average; the district grade overstates school quality for this exact location.
• Market conditions: 8 active listings in the ZIP; 78 units permitted in Somerset County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($1k loan paydown + $1k appreciation (0.8% local appreciation)).
• Somerset County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 209 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $128,192 (26.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 209 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
3. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 F-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. 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?
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: 0.73% ✗
• Cap rate: 5.83%
• Cash-on-cash: -1.64%
• DSCR: 0.93
• GRM: 11.4

CMA / ARV

• ARV (on-the-fly): $113,316
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
811 Main St	0.19mi	3/1.0	1,732 (+8%)	10mo	$122,500	$71	67

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

0.82% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.1%
• Equity multiple: 0.95×
• Total profit: $-2,614
• Equity at exit: $58,082

10-year hold

• IRR: 3.9%
• Equity multiple: 1.47×
• Total profit: $22,941
• Equity at exit: $75,918

Cash invested: $49,000 (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 15411

• Home prices YoY: 0.5%
• Active inventory: 8
• Price-to-rent: 11.4×

Monthly cashflow live

• Estimated rent: $1,282 medium
• Mortgage (P&I): −$918
• Tax from tax record: −$89 /mo · $1,069/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$269
• Net cashflow: $-67

Break-even live

Break-even rent $1,367

Max offer price $163,168

Occupancy floor —

Sensitivity live

Price	-10% $32	-5% $-17	+0% $-67	+5% $-117	+10% $-166
Rent	-10% $-168	-5% $-118	+0% $-67	+5% $-16	+10% $34
Rate	-1.0pp $21	-0.5pp $-22	base $-67	+0.5pp $-112	+1.0pp $-158

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-04-30
   status Pending 243-char remark

   Show marketing remark (243 chars)

   This house is located near the center of Addison and is close to the Somerfield Lake and Marina. It has a large living room and a formal dining room. It has three bedrooms, main floor laundry, mud room, shed, and detached garage with workshop.

2. 2026-04-30
   status Pending

   Show marketing remark (243 chars)

   This house is located near the center of Addison and is close to the Somerfield Lake and Marina. It has a large living room and a formal dining room. It has three bedrooms, main floor laundry, mud room, shed, and detached garage with workshop.

3. 2025-09-29
   listed $175,000 Active 243-char remark

   Show marketing remark (243 chars)

   This house is located near the center of Addison and is close to the Somerfield Lake and Marina. It has a large living room and a formal dining room. It has three bedrooms, main floor laundry, mud room, shed, and detached garage with workshop.

4. 2025-09-29
   listed $175,000 Active

   Show marketing remark (243 chars)

   This house is located near the center of Addison and is close to the Somerfield Lake and Marina. It has a large living room and a formal dining room. It has three bedrooms, main floor laundry, mud room, shed, and detached garage with workshop.

ⓘ 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: $1,069 · $89/mo
• Projected year-2 tax: $1,917 · $160/mo
• Expected delta: +$848/yr (+$71/mo · 79.4%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥90°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,383
• − Mortgage interest: −$9,803
• − Property taxes: −$1,069
• − Insurance: −$875
• − Repairs & maintenance: −$1,231
• − Management: −$1,231
• − Depreciation: −$5,091
• Taxable loss: −$3,916
• Est. tax savings @ 24.0%: +$940
• After-tax cash flow: $136/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: Turkeyfoot Valley Area SD
• NCES district ID: 4223880
• Math proficiency: 40% ▲ 5.00%
• Reading proficiency: 50% ▬ 0.00%
• Median HH income: $36,899
• Composite: 39.59/100
• National rank: #8059
• State rank: #473 of 658 in PA

Livability — Addison

• Score: 62/100
• State rank: #1350
• US rank: #16729

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Addison, PA
• City population: 685
• Population (ZIP): 685

Population outlook (Somerset County) Hauer SSP2

• Today (2025): 71,318 people
• By 2030: 68,555 · -3.9%
• By 2040: 62,447 · -12.4%
• By 2050: 56,437 · -20.9%
• By 2075: 44,453 · -37.7%
• By 2100: 32,408 · -54.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 4% Hispanic / Latino 1%
• Common ancestry: Romanian 3% Italian 2% Iranian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Somerset

• 2024 margin: Solid R (+57.2) · D 21.0% · R 78.3%
• 2008→2024 swing: -32.2pp toward R · 2008: -25.0pp · 2024: -57.2pp
• All cycles: 2024: R+57.2 2020: R+56.3 2016: R+55.9 2012: R+42.9 2008: R+25.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.82%
• Current HPI: 171.4673
• 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

+0.0% since first listed

4 events — show timeline

• 2026-04-30 Pending — CSMLS
• 2026-04-30 Pending — West Penn MLS
• 2025-09-29 Listed $175,000 CSMLS
• 2025-09-29 Listed $175,000 West Penn MLS

Property tax history

+1.4%/yr

Latest (2026): $1,069 · +3.1% YoY. Source: county tax records.