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1816 New York Ave
B- Composite 66.64
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 +24.0/30.0
  • ARV discount +10.5/15.0
  • DSCR +7.7/10.0
  • Appreciation +7.3/10.0
  • 1% rule +5.7/10.0
  • Livability +3.7/5.0
  • Schools +2.8/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$89,900

1816 New York Ave · Port Vue, PA 15133
2 bd · 2.0 ba · 913 sqft · SingleFamily public records · 64 Days on market
Built 1933 2,613 sqft lot $98/sqft · 7% below area Est $96k · 7% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Step into this one-of-a-kind home filled with charm and character, designed for comfort and style you won’t find anywhere else! The heart of the home showcases a stunning wood-beamed ceiling in the kitchen and dining area, creating a warm, inviting space for everyday living. The large living room is filled with natural light and opens to a huge, enclosed porch — the perfect place to relax and take in peaceful views overlooking the valley. Downstairs, the finished basement offers even more living space with French doors leading out to a covered rear porch and backyard. Added bonus of a shed for extra storage. If you’ve been searching for a home with personality and features that truly stand out, this is one you won't want to miss.

Key facts

  • Extra storage
  • French doors
  • Finished basement

Tags

WOOD BEAMED CEILINGENCLOSED PORCHFINISHED BASEMENTFRENCH DOORSCOVERED REAR PORCHEXTRA STORAGE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath single-family listed at $90k.

Deal economics

  • At list price, monthly cash flow is $176 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($960 rent vs $90k).
  • Recommended offer: $85k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 73/100 on livability (#545 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D+, amenities F, commute F.
  • South Allegheny SD (suburban): math 23% / reading 44% proficiency, ranked #430 of 539 in PA (top 80%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 39 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 54% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
  • This rent is only 17% of the median local income ($66k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

  • In year one you build about $5k of equity ($622 loan paydown + $4k appreciation (4.5% local appreciation)).
  • At projected returns (4.5% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~4 years — after that, you're playing with house money.
  • By year 8, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 64 days — a 6% lower offer ($85k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 21y ago; this cycle's ask has dropped $7k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $32k; list at $90k implies a 181% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1933 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $84,506 (6.0% below list)

Questions for the listing agent

  1. It's been on market 64 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 1933 — 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. 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.
  6. 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.
  7. 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
1.07%
Cap rate
8.64%
Cash-on-cash
8.37%
DSCR
1.37
GRM
7.8

CMA / ARV

ARV (median comp)
$96,421
List price
$89,900
Delta
-6.76%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
320 Dersam St 0.35mi 2/1.0 909 (-0%) 5mo $87,500 $96 75
1706 Romine 0.16mi 2/2.0 820 (-10%) 17mo $100,000 $122 61
1310 Beverly 0.64mi 2/1.0 910 (-0%) 5mo $82,000 $90 61
1375 Washington Blvd 0.69mi 2/1.0 945 (+4%) 2mo $93,500 $99 56
1334 Beverly Rd 0.53mi 2/1.0 936 (+2%) 15mo $45,000 $48 55
602 Liberty Way 0.23mi 2/1.0 836 (-8%) 21mo $32,000 $38 54
2417 Latrobe St 0.47mi 2/2.0 875 (-4%) 23mo $116,300 $133 52
224 Dersam St 0.54mi 2/1.0 900 (-1%) 20mo $65,000 $72 52
605 Hays St 0.58mi 2/1.0 980 (+7%) 13mo $122,000 $124 46
207 Dersam St 0.61mi 3/1.0 (+1) 875 (-4%) 14mo $80,000 $91 44
1013 Glenn Ave 0.39mi 1/1.0 (-1) 853 (-7%) 23mo $165,000 $193 43
404 Pasadena Dr 0.39mi 3/1.0 (+1) 1,018 (+12%) 13mo $110,500 $109 43

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

Projected returns pro-forma

4.52% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
19.0%
Equity multiple
2.17×
Total profit
$29,466
Equity at exit
$48,359
10-year hold
IRR
19.2%
Equity multiple
4.20×
Total profit
$80,619
Equity at exit
$81,398

Cash invested: $25,172 (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.

ZIP-level market 15133

Home prices YoY
2.1%
Active inventory
39
Price-to-rent
7.8×

Monthly cashflow live

Estimated rent
$960 high interval (Pro) →
Mortgage (P&I)
$471
Tax from tax record
$74 /mo · $882/yr
Insurance
$37
HOA
$0
Vacancy / Maint / Mgmt
$202
Net cashflow
$176

Break-even live

Break-even rent $737
Max offer price $89,900
Occupancy floor 77%

Sensitivity live

Price -10% $227 -5% $201 +0% $176 +5% $150 +10% $125
Rent -10% $100 -5% $138 +0% $176 +5% $214 +10% $251
Rate -1.0pp $221 -0.5pp $198 base $176 +0.5pp $152 +1.0pp $129

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
$22,475
Closing costs
$2,697
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
306 Laredo St McKeesport, PA 2.0 1.0 928 $995 $1.07 44d 1 0.24mi
311-313 24th St McKeesport, PA 2.0 1.0 950 $900 $0.95 44d 1 0.80mi
733 Memory Ln McKeesport, PA 2.0 1.0 850 $1,200 $1.41 24d 1 0.83mi
2918 Walnut St Apt 3 McKeesport, PA 2.0 1.0 800 $850 $1.06 44d 1 1.07mi
604 Shaw Ave McKeesport, PA 2.0 1.0–1.5 800 $900 $1.12 13d 3 1.10mi
604 Shaw Ave Unit 102 McKeesport, PA 1.0 1.0 750 $750 $1.00 44d 1 1.11mi
604 Shaw Ave Unit 101 McKeesport, PA 2.0 1.5 1050 $900 $0.86 15d 1 1.11mi
2860 Washington Blvd Unit 3 McKeesport, PA 1.0 1.0 600 $799 $1.33 44d 1 1.12mi
2860 Washington Blvd Unit 5 McKeesport, PA 1.0 1.0 600 $799 $1.33 24d 1 1.12mi
308 Marie St Glassport, PA 2.0 1.0 850 $925 $1.09 17d 1 1.25mi
1205 5th Ave McKeesport, PA 1.0 1.0 593 $1,090 $1.84 44d 1 1.41mi
812 Indiana Ave Unit 1 Glassport, PA 1.0 1.0 800 $695 $0.87 24d 1 1.49mi
526 Ohio Ave Unit 3 Glassport, PA 2.0 1.0 800 $900 $1.12 44d 1 1.49mi

Listing history 19 events

  1. 2026-06-18
    days on market $89,900 Active 64 DOM
  2. 2026-06-17
    days on market $89,900 Active 63 DOM
  3. 2026-06-16
    days on market $89,900 Active 62 DOM
  4. 2026-06-15
    days on market $89,900 Active 61 DOM
  5. 2026-06-13
    days on market $89,900 Active 59 DOM
  6. 2026-06-13
    days on market $89,900 Active 58 DOM
  7. 2026-06-09
    days on market $89,900 Active 55 DOM
  8. 2026-06-08
    days on market $89,900 Active 54 DOM
  9. 2026-06-07
    days on market $89,900 Active 53 DOM
  10. 2026-06-05
    days on market $89,900 Active 50 DOM
  11. 2026-06-03
    days on market $89,900 Active 49 DOM
  12. 2026-06-02
    days on market $89,900 Active 48 DOM
  13. 2026-06-01
    days on market $89,900 Active 47 DOM
  14. 2026-05-31
    days on market $89,900 Active 46 DOM
  15. 2026-05-01
    price $89,900 761-char remark
    Show marketing remark (761 chars)

    Step into this one-of-a-kind home filled with charm and character, designed for comfort and style you won’t find anywhere else! The heart of the home showcases a stunning wood-beamed ceiling in the kitchen and dining area, creating a warm, inviting space for everyday living. The large living room is filled with natural light and opens to a huge, enclosed porch — the perfect place to relax and take in peaceful views overlooking the valley. Downstairs, the finished basement offers even more living space with French doors leading out to a covered rear porch and backyard. Added bonus of a shed for extra storage. If you’ve been searching for a home with personality and features that truly stand out, this is one you won't want to miss.

  16. 2026-04-15
    listed $96,705 Active 761-char remark
    Show marketing remark (761 chars)

    Step into this one-of-a-kind home filled with charm and character, designed for comfort and style you won’t find anywhere else! The heart of the home showcases a stunning wood-beamed ceiling in the kitchen and dining area, creating a warm, inviting space for everyday living. The large living room is filled with natural light and opens to a huge, enclosed porch — the perfect place to relax and take in peaceful views overlooking the valley. Downstairs, the finished basement offers even more living space with French doors leading out to a covered rear porch and backyard. Added bonus of a shed for extra storage. If you’ve been searching for a home with personality and features that truly stand out, this is one you won't want to miss.

  17. 2005-04-15
    soldstatus $31,950 122-char remark
    Show marketing remark (122 chars)

    REMODELED HOME-FAM. RM. & GAMERM. -2 FULL BATHS-1 OFF GAMERM. -NEWER MECHANICS-VERY LITTLE TO DO-ADD FINISHING TOUCHES

  18. 2005-01-03
    listed $35,900 122-char remark
    Show marketing remark (122 chars)

    REMODELED HOME-FAM. RM. & GAMERM. -2 FULL BATHS-1 OFF GAMERM. -NEWER MECHANICS-VERY LITTLE TO DO-ADD FINISHING TOUCHES

  19. 1989-12-26
    soldstatus $11,000

ⓘ 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
$882 · $74/mo
Projected year-2 tax
$1,151 · $96/mo
Expected delta
+$269/yr (+$22/mo · 30.5%)

ⓘ 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 ≥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 8 unhealthy d/yr today · 8 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$11,514
− Mortgage interest
−$5,036
− Property taxes
−$882
− Insurance
−$450
− Repairs & maintenance
−$921
− Management
−$921
− Depreciation
−$2,615
Taxable income
$689
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$165
After-tax cash flow
$1,942/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
South Allegheny SD
NCES district ID
4221910
Math proficiency
23% ▼ -10.00%
Reading proficiency
44% ▼ -13.00%
Median HH income
$40,891
Composite
28.15/100
National rank
#6815
State rank
#430 of 539 in PA

Livability — Port Vue

Score
73/100
State rank
#545
US rank
#5090

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Port Vue, PA
County
Allegheny County · 1,022,028 people
Metro
Pittsburgh, PA
Population (ZIP)
6,112
Household income
$65,938
Rent vs Own
20.7% rent · 79.3% own
Severe rent burden
94.0

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
Predominantly White (84%)
Race & ethnicity
White 84% Two or more races 7% Black 4% Hispanic / Latino 3%
Common ancestry
Romanian 10% Slovene 2% Italian 2%
Foreign-born
0%
Languages at home
99% English-only · Other Indo-European 1%

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
▲ 4.52%
Current HPI
214.5922
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

Price history

+717.3% since first listed
5 events — show timeline
  • 2026-05-01 Price Changed $89,900 West Penn MLS
  • 2026-04-15 Listed $96,705 West Penn MLS
  • 2005-04-15 Sold (MLS) $31,950 West Penn MLS
  • 2005-01-03 Listed $35,900 West Penn MLS
  • 1989-12-26 Sold (Public Records) $11,000 Public Records

Property tax history

+1.9%/yr

Latest (2026): $882 · +6.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…