1360 Blue Jay Dr · Heidelberg, PA 15243

$249,900

3 bd · 1.0 ba · 1,340 sqft · SingleFamily public records · 1 Days on market

Built 1957 7,801 sqft lot $186/sqft · 17% below area Est $300k · 17% under

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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).

• ARV discount +15.0/15.0
• Cash flow +13.1/30.0
• 1% rule +4.2/10.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• DSCR +3.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This delightful 3 bedroom, 1.5 bath ranch offers comfortable living with a spacious layout and fantastic features. The main level boasts an inviting and spacious floor plan, with a cozy living room perfect for relaxing and entertaining. The kitchen is well equipped with ample cabinet space making meal preparation a breeze. 3 spacious bedrooms offer flexibility for guests, a home office, or additional living needs. One of the highlights of this home is the large, fully finished basement, providing additional living space that can be used as a family room, home office, gym, or even a guest area and the possibilities are endless! Step outside to your own private retreat and beautifully maintai

Key facts

• Integral garage
• Ample cabinet space
• Level yard space

Tags

• SPACIOUS LAYOUT
• AMPLE CABINET SPACE
• LARGE FULLY FINISHED BASEMENT
• BEAUTIFULLY MAINTAINED PATIO
• LEVEL YARD SPACE
• INTEGRAL GARAGE

Property features AI

Exterior

• Parking: Attached garage with garage door opener; Built-in parking (1 space)
• Utilities: Public water service; Public sewer service
• Home design: One-story; Resale property
• Construction: Brick and frame construction; Asphalt roof
• Exterior features: Public water; Public sewer

Interior

• Flooring: Hardwood; Carpet
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (gas); Central air conditioning (electric)
• Interior features: Multi-pane windows; Finished walk-out basement; Fireplace
• Laundry & utility: Washer; Dryer; Dishwasher

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $-8 ($-96/yr) — negative.
• To cash-flow at today's rent, offer at most $248k (0.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $229k (8.2% below list).
• Recommended offer: $229k (8.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 81/100 on livability (#158 in PA, #1,307 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D-, commute F.
• Chartiers Valley SD (suburban): math 37% / reading 57% proficiency, ranked #221 of 539 in PA (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 15 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1957 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $229,290 (8.2% 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. Built in 1957 — 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. 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?
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: 0.92% ✗
• Cap rate: 6.25%
• Cash-on-cash: -0.14%
• DSCR: 0.99
• GRM: 9.1

CMA / ARV

• ARV (median comp): $299,549
• List price: $249,900
• Delta: -16.57%
• 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
1360 Blue Jay Dr	0.00mi	3/1.5	1,340 (0%)	0mo	$260,000	$194	98
1315 Bower Hill Rd	0.37mi	3/2.0	1,328 (-1%)	1mo	$340,000	$256	76
1251 Blue Jay Dr	0.17mi	3/1.0	1,194 (-11%)	3mo	$252,500	$211	71
1335 Cardinal Dr	0.06mi	3/2.0	1,152 (-14%)	1mo	$306,000	$266	69
914 Bower Hill Rd	0.71mi	3/1.5	1,372 (+2%)	2mo	$194,000	$141	60
1111 Firwood Dr	0.73mi	3/2.0	1,410 (+5%)	1mo	$420,000	$298	52
302 Elmbrook Ln	0.71mi	3/2.0	1,257 (-6%)	2mo	$270,000	$215	51
1050 Firwood Dr	0.61mi	3/2.0	1,456 (+9%)	3mo	$470,000	$323	51
1012 Lindsay Rd	0.51mi	3/2.0	1,498 (+12%)	4mo	$435,290	$291	50
1529 Bower Hill Rd	0.51mi	3/1.5	1,152 (-14%)	5mo	$227,000	$197	46
1707 Worcester Dr	0.69mi	3/2.0	1,174 (-12%)	1mo	$285,000	$243	42
633 Moreland Dr	0.71mi	3/2.5	1,200 (-10%)	2mo	$374,500	$312	42

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: -16.5%
• Equity multiple: 0.42×
• Total profit: $-40,913
• Equity at exit: $37,261

10-year hold

• IRR: -8.2%
• Equity multiple: 0.49×
• Total profit: $-35,911
• Equity at exit: $21,607

Cash invested: $69,972 (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 15243

• Home prices YoY: -34.2%
• Active inventory: 15
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,293 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$405 /mo · $4,857/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$482
• Net cashflow: $-8

Break-even live

Break-even rent $2,303

Max offer price $248,487

Occupancy floor 95%

Sensitivity live

Price	-10% $133	-5% $63	+0% $-8	+5% $-79	+10% $-149
Rent	-10% $-189	-5% $-99	+0% $-8	+5% $83	+10% $173
Rate	-1.0pp $118	-0.5pp $56	base $-8	+0.5pp $-73	+1.0pp $-139

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: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1170 Bower Hill Rd Pittsburgh, PA	1.0–3.0	1.0–2.0	1012	$1,850	$1.83	2d	1	0.33mi
462 Greenhurst Dr Pittsburgh, PA	4.0	4.0	1520	$4,000	$2.63	2d	1	0.84mi
1735 Norsen Dr Pittsburgh, PA	2.0	1.5	900	$1,650	$1.83	12d	1	0.98mi
651 Royce Ave Pittsburgh, PA	3.0	1.5	1350	$2,200	$1.63	2d	1	1.23mi
135 Greenbriar Dr Pittsburgh, PA	3.0	1.0	950	$1,550	$1.63	4d	1	1.34mi
525 Carothers Ave Ste 2 Carnegie, PA	3.0	1.0	1600	$1,000	$0.62	24d	1	1.47mi
658 Fort Couch Rd Pittsburgh, PA	3.0	2.0	1300	$2,500	$1.92	44d	1	1.50mi

Listing history 2 events

1. 2026-05-08
   status Pending 1282-char remark
2. 2026-05-06
   listed $249,900 Active 1282-char remark

ⓘ 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: $4,857 · $405/mo
• Projected year-2 tax: $4,857 · $405/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 3/10 Moderate 7 d/yr ≥96°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,515
• − Mortgage interest: −$13,998
• − Property taxes: −$4,857
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,201
• − Management: −$2,201
• − Depreciation: −$7,270
• Taxable loss: −$4,262
• Est. tax savings @ 24.0%: +$1,023
• After-tax cash flow: $927/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: Chartiers Valley SD
• NCES district ID: 4205700
• Math proficiency: 37% ▼ -16.00%
• Reading proficiency: 57% ▼ -17.00%
• Median HH income: $57,191
• Composite: 40.91/100
• National rank: #3614
• State rank: #221 of 539 in PA

Livability — Heidelberg

• Score: 81/100
• State rank: #158
• US rank: #1307

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 13,682

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: Predominantly White (85%)
• Race & ethnicity: White 85% Two or more races 8% Asian 6% Hispanic / Latino 3% Black 1%
• Common ancestry: Romanian 6% Slovak 4% Scotch-Irish 2%
• Foreign-born: 7% · Vietnam, China, Canada
• Languages at home: 89% English-only · Spanish 3% Vietnamese 2% Chinese 2%

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: ▼ -134.65%
• Current HPI: 259.0873
• 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

+4.0% since first listed

3 events — show timeline

• 2026-06-10 Sold (MLS) $260,000 West Penn MLS
• 2026-05-08 Pending — West Penn MLS
• 2026-05-06 Listed $249,900 West Penn MLS

Property tax history

+3.6%/yr

Latest (2026): $4,857 · +14.7% YoY. Source: county tax records.