2812 Jenny Lind St · McKeesport, PA 15132

$85,000

3 bd · 1.0 ba · 1,906 sqft · SingleFamily public records · 38 Days on market

Built 1906 2,874 sqft lot $45/sqft · 313% above area

---

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 +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

EASY TO SHOW VACANT LB GREAT BUY LEGAL DUPLEX SEPARATE UTILITIES $750. SELLING BONUS

Key facts

• 2,874 sq ft lot
• 3 parking spots
• Built 1906

Property features AI

Exterior

• Parking: Off-street parking; On-street parking; Total of 3 parking spaces
• Utilities: Public water; Public sewer
• Home design: 3 stories; Resale property
• Construction: Asphalt roof
• Exterior features: Lot dimensions approximately 26 x 117

Interior

• Flooring: Carpet; Hardwood; Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Gas heating
• Interior features: Basement present; Carpet flooring; Hardwood flooring; Tile flooring

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $467 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $82k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 10.3% in McKeesport — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 66/100 on livability (#1,089 in PA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D+, health & safety D, crime F.
• Mckeesport Area SD (suburban): math 11% / reading 28% proficiency, ranked #499 of 539 in PA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 113 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 44% of the median local income ($35k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($82k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 32y ago; this cycle's ask has dropped $15k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1906 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $82,450 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1906 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. Crime grade is F 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?
6. 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.
7. 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.
8. 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: 1.53% ✓
• Cap rate: 12.88%
• Cash-on-cash: 23.54%
• DSCR: 2.05
• GRM: 5.5

CMA / ARV

• ARV (median comp): $20,583
• List price: $85,000
• Delta: 312.97%
• Verdict: OVERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2810 Jenny Lind St	0.01mi	3/1.0	1,852 (-3%)	6mo	$19,900	$11	90
1410 Craig St	0.37mi	4/1.0 (+1)	2,006 (+5%)	2mo	$65,000	$32	67
1312 Ross St	0.38mi	4/1.0 (+1)	1,800 (-6%)	3mo	$125,000	$69	66
1300 Pirl St	0.38mi	3/2.0	1,800 (-6%)	7mo	$13,250	$7	63
323 24th St	0.39mi	3/1.0	1,764 (-8%)	8mo	$134,900	$76	62
2302-2304 Walnut St #2302	0.46mi	4/2.0 (+1)	1,846 (-3%)	4mo	$133,790	$72	61
1315 Packer St	0.39mi	3/1.0	1,653 (-13%)	6mo	$15,000	$9	55
1316 Craig St	0.41mi	3/1.5	1,653 (-13%)	4mo	$127,500	$77	54
1517 Beaver St	0.73mi	3/1.5	1,815 (-5%)	6mo	$38,000	$21	51
1208 Meadow St	0.44mi	4/2.0 (+1)	1,716 (-10%)	4mo	$110,000	$64	51
2622 Harrison St	0.58mi	3/1.5	1,628 (-15%)	4mo	$95,000	$58	43
2623 Grandview Ave	0.55mi	4/1.5 (+1)	1,660 (-13%)	3mo	$147,000	$89	43

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: 16.6%
• Equity multiple: 1.67×
• Total profit: $15,964
• Equity at exit: $12,674

10-year hold

• IRR: 25.2%
• Equity multiple: 3.19×
• Total profit: $52,196
• Equity at exit: $7,349

Cash invested: $23,800 (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 15132

• Home prices YoY: -32.9%
• Active inventory: 113
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,297 high
• Mortgage (P&I): −$446
• Tax from tax record: −$77 /mo · $919/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $467

Break-even live

Break-even rent $706

Max offer price $85,000

Occupancy floor 59%

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2807 Beaver St McKeesport, PA	4.0	2.0	1700	$1,200	$0.71	44d	1	0.10mi
1506 Freemont St McKeesport, PA	3.0	2.0	1250	$1,295	$1.04	23d	1	0.26mi
2408 McCarrell St McKeesport, PA	4.0	1.0	1430	$1,195	$0.84	23d	1	0.31mi
1217 Scott St McKeesport, PA	3.0	1.0	1500	$1,165	$0.78	44d	1	0.43mi
2311 Grandview Ave McKeesport, PA	4.0	2.0	2550	$1,250	$0.49	17d	1	0.50mi
3710 Mayfair St McKeesport, PA	3.0	1.5	1314	$1,095	$0.83	3d	1	0.53mi
3211 Walnut St McKeesport, PA	4.0	1.0	1434	$1,500	$1.05	7d	1	0.61mi
1451 Jenny Lind St McKeesport, PA	3.0	1.5	1408	$1,150	$0.82	23d	1	0.75mi
1507 Carnegie Ave McKeesport, PA	3.0	1.5	1600	$1,699	$1.06	14d	1	0.78mi
2212 Cronemeyer St McKeesport, PA	3.0	1.0	1720	$1,375	$0.80	44d	1	1.15mi
2618 Poinsettia Dr White Oak, PA	4.0	1.0	1225	$1,599	$1.31	23d	1	1.43mi

Listing history 37 events

1. 2026-06-18
   days on market $85,000 Active 38 DOM
2. 2026-06-17
   days on market $85,000 Active 37 DOM
3. 2026-06-16
   days on market $85,000 Active 36 DOM
4. 2026-06-15
   days on market $85,000 Active 35 DOM
5. 2026-06-13
   days on market $85,000 Active 33 DOM
6. 2026-06-13
   days on market $85,000 Active 32 DOM
7. 2026-06-09
   days on market $85,000 Active 29 DOM
8. 2026-06-08
   days on market $85,000 Active 28 DOM
9. 2026-06-07
   pricedays on market $85,000 Active 27 DOM
10. 2026-06-03
    days on market $95,000 Active 23 DOM
11. 2026-06-02
    days on market $95,000 Active 22 DOM
12. 2026-06-01
    days on market $95,000 Active 21 DOM
13. 2026-05-31
    days on market $95,000 Active 20 DOM
14. 2026-05-11
    listed $100,000 Active 468-char remark
15. 2026-04-23
    historical $1,395
16. 2026-04-07
    price $1,395
17. 2026-03-19
    listed $1,450
18. 2026-03-19
    historical $1,450
19. 2026-02-20
    listed $1,450
20. 2026-01-08
    historical $1,450
21. 2025-12-20
    listed $1,450
22. 2025-12-15
    historical $1,450
23. 2025-11-27
    price $1,450
24. 2025-11-01
    listed $1,500
25. 2025-11-01
    historical $1,500
26. 2025-10-21
    listed $1,500
27. 2025-09-24
    price $105,000
28. 2025-09-08
    price $119,900
29. 2025-07-29
    price $129,900
30. 2025-07-10
    listed $135,000 Active
31. 2024-01-04
    soldstatus $81,383
32. 2023-07-25
    soldstatus $37,588
33. 2012-11-07
    soldstatus $26,442
34. 2009-08-25
    soldstatus $25,764
35. 2009-04-09
    soldstatus $25,000
36. 1995-03-02
    soldstatus $7,000

    Show marketing remark (84 chars)

    EASY TO SHOW VACANT LB GREAT BUY LEGAL DUPLEX SEPARATE UTILITIES $750. SELLING BONUS

37. 1994-11-10
    listed $13,000

    Show marketing remark (84 chars)

    EASY TO SHOW VACANT LB GREAT BUY LEGAL DUPLEX SEPARATE UTILITIES $750. SELLING BONUS

ⓘ 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: $919 · $77/mo
• Projected year-2 tax: $1,131 · $94/mo
• Expected delta: +$212/yr (+$18/mo · 23.0%)

ⓘ 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 ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,565
• − Mortgage interest: −$4,761
• − Property taxes: −$919
• − Insurance: −$425
• − Repairs & maintenance: −$1,245
• − Management: −$1,245
• − Depreciation: −$2,473
• Taxable income: $4,496
• Est. tax owed @ 24.0%: −$1,079
• After-tax cash flow: $4,524/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: Mckeesport Area SD
• NCES district ID: 4214940
• Math proficiency: 11% ▼ -9.00%
• Reading proficiency: 28% ▼ -10.00%
• Median HH income: $33,779
• Composite: 15.88/100
• National rank: #9257
• State rank: #499 of 539 in PA

Livability — McKeesport

• Score: 66/100
• State rank: #1089
• US rank: #12321

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: McKeesport, PA
• County: Allegheny County · 1,022,028 people
• City population: 25,010
• Metro: Pittsburgh, PA
• Population (ZIP): 18,898
• Household income: $35,397
• Rent vs Own: 49.0% rent · 51.0% own
• Severe rent burden: 1239.0

Population outlook (Allegheny County) Hauer SSP2

• Today (2025): 1,250,282 people
• By 2030: 1,256,482 · +0.5%
• By 2040: 1,256,318 · +0.5%
• By 2050: 1,244,169 · -0.5%
• By 2075: 1,197,693 · -4.2%
• By 2100: 1,093,187 · -12.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 50% Black 35% Two or more races 10% Hispanic / Latino 4% Asian 1%
• Common ancestry: Romanian 5% Serbian 2% Scotch-Irish 2%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Allegheny

• 2024 margin: Strong D (+20.3) · D 59.7% · R 39.4%
• 2008→2024 swing: +4.8pp toward D · 2008: 15.5pp · 2024: 20.3pp
• All cycles: 2024: D+20.3 2020: D+20.4 2016: D+16.4 2012: D+14.4 2008: D+15.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -71.01%
• Current HPI: 145.195
• 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

+553.8% since first listed

26 events — show timeline

• 2026-06-05 Price Changed $85,000 West Penn MLS
• 2026-05-29 Price Changed $95,000 West Penn MLS
• 2026-05-11 Listed $100,000 West Penn MLS
• 2026-04-23 Rental Removed $1,395 WPMLS
• 2026-04-07 Price Changed $1,395 WPMLS
• 2026-03-19 Listed for Rent $1,450 WPMLS
• 2026-03-19 Rental Removed $1,450 SHOWMOJO
• 2026-02-20 Listed for Rent $1,450 SHOWMOJO
• 2026-01-08 Rental Removed $1,450 SHOWMOJO
• 2025-12-20 Listed for Rent $1,450 SHOWMOJO
• 2025-12-15 Rental Removed $1,450 WPMLS
• 2025-11-27 Price Changed $1,450 WPMLS
• 2025-11-01 Listed for Rent $1,500 WPMLS
• 2025-11-01 Rental Removed $1,500 SHOWMOJO
• 2025-10-21 Listed for Rent $1,500 SHOWMOJO
• 2025-09-24 Price Changed $105,000 West Penn MLS
• 2025-09-08 Price Changed $119,900 West Penn MLS
• 2025-07-29 Price Changed $129,900 West Penn MLS
• 2025-07-10 Listed $135,000 West Penn MLS
• 2024-01-04 Sold (Public Records) $81,383 Public Records
• 2023-07-25 Sold (Public Records) $37,588 Public Records
• 2012-11-07 Sold (Public Records) $26,442 Public Records
• 2009-08-25 Sold (Public Records) $25,764 Public Records
• 2009-04-09 Sold (Public Records) $25,000 Public Records
• 1995-03-02 Sold (MLS) $7,000 West Penn MLS
• 1994-11-10 Listed $13,000 West Penn MLS

Property tax history

+6.2%/yr

Latest (2026): $919 · +0.0% YoY. Source: county tax records.