521 Bedford St · Paint, PA 15963

$124,900

4 bd · 0.5 ba · 1,678 sqft · SingleFamily public records · 54 Days on market

Built 1920 0.62 ac lot $74/sqft · 23% above area Est $101k · 23% over

---

Why this score? — see what drove the C+ 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
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• Schools +4.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

AMAZING 4 BEDROOM HOME SITUATED ON . 619 ACRES IN PAINT BORO/WINDBER SCHOOLS. .. you will love the welcoming covered front porch that is perfect for relaxing. The inviting foyer with open staircase, beautiful built-in bookcases, and WW carpet opens to the large living room with ceiling fan, WW carpet, and original woodwork. French doors lead your guests to the charming dining room for those special gatherings or casual meals. The adjoining kitchen has ample laminate cabinets, appliances, and Pergo floor. To complete the main floor is mud room with built-in cabinet and access to rear patio. Upstairs is 3/4 bath with vanity and walk-in shower plus 4 bedrooms with WW carpet and closet/storage. Walk-up attic provides plenty of additional storage space. Unfinished basement has laundry area, shower, and commode. Oil hot water heat; coal furnace; and gas space heater; 100 amp electrical; newer windows; metal roof; and hardwood floors under all the wall to wall carpet. Enjoy outdoor entertaining on the spacious covered rear patio. Oversized 3-car garage with workshop includes one car stall on the upper level and two car stalls on the lower level. Don't miss this rare find. To make this home your home sweet home, call today for more details, to receive your tour packet, and to schedule your personal tour!

Key facts

• Covered front porch
• Open staircase
• Built-in bookcases

Tags

• COVERED FRONT PORCH
• OPEN STAIRCASE
• BUILT-IN BOOKCASES
• LARGE LIVING ROOM
• CHARMING DINING ROOM
• AMPLE LAMINATE CABINETS

What this means for you Summary

Snapshot

• This is a 4-bed/0.5-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $604 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#1,222 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime C-, schools F, amenities F.
• Windber Area SD (suburban): math 45% / reading 60% proficiency, ranked #166 of 539 in PA (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 45 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 78 units permitted in Somerset County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Somerset County population projected at -21% 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 $35k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 54 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $121,153 (3.0% below list)

Questions for the listing agent

1. It's been on market 54 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 1920 — 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 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?
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: 1.48% ✓
• Cap rate: 12.09%
• Cash-on-cash: 20.71%
• DSCR: 1.92
• GRM: 5.6

CMA / ARV

• ARV (median comp): $101,167
• List price: $124,900
• Delta: 23.46%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
307 Cambria Ave	0.26mi	3/2.0 (-1)	1,536 (-8%)	4mo	$205,000	$133	59
201 7th St	0.39mi	4/2.0	1,598 (-5%)	11mo	$148,000	$93	59
302 6th St	0.32mi	3/2.0 (-1)	1,776 (+6%)	7mo	$159,900	$90	58
401 8th St	0.43mi	3/1.5 (-1)	1,644 (-2%)	11mo	$165,000	$100	58
504 Hoffman Ave	0.33mi	3/2.0 (-1)	1,752 (+4%)	19mo	$182,000	$104	51
309 12th St	0.69mi	4/2.0	1,794 (+7%)	2mo	$30,000	$17	49
306 11th St	0.65mi	3/1.0 (-1)	1,614 (-4%)	12mo	$55,000	$34	46
300 6th St	0.34mi	3/1.0 (-1)	1,500 (-11%)	19mo	$137,694	$92	44
210 10th St	0.59mi	3/1.0 (-1)	1,536 (-8%)	13mo	$140,000	$91	40
1210 Somerset Ave	0.74mi	3/2.0 (-1)	1,500 (-11%)	2mo	$128,000	$85	35
312 12th St	0.71mi	3/2.5 (-1)	1,883 (+12%)	17mo	$130,000	$69	20

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: 13.1%
• Equity multiple: 1.52×
• Total profit: $18,225
• Equity at exit: $18,623

10-year hold

• IRR: 21.9%
• Equity multiple: 2.87×
• Total profit: $65,467
• Equity at exit: $10,799

Cash invested: $34,972 (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 15963

• Home prices YoY: -24.4%
• Active inventory: 45
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,850 medium
• Mortgage (P&I): −$655
• Tax from tax record: −$151 /mo · $1,811/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $604

Break-even live

Break-even rent $1,086

Max offer price $124,900

Occupancy floor 62%

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
213 Sunapee Dr Johnstown, PA	3.0	2.5	2087	$1,850	$0.89	43d	1	1.15mi

Listing history 2 events

1. 2026-05-31
   status $124,900 Pending 54 DOM
2. 2026-04-06
   listed $124,900 Active 1317-char remark

   Show marketing remark (1317 chars)

   AMAZING 4 BEDROOM HOME SITUATED ON . 619 ACRES IN PAINT BORO/WINDBER SCHOOLS. .. you will love the welcoming covered front porch that is perfect for relaxing. The inviting foyer with open staircase, beautiful built-in bookcases, and WW carpet opens to the large living room with ceiling fan, WW carpet, and original woodwork. French doors lead your guests to the charming dining room for those special gatherings or casual meals. The adjoining kitchen has ample laminate cabinets, appliances, and Pergo floor. To complete the main floor is mud room with built-in cabinet and access to rear patio. Upstairs is 3/4 bath with vanity and walk-in shower plus 4 bedrooms with WW carpet and closet/storage. Walk-up attic provides plenty of additional storage space. Unfinished basement has laundry area, shower, and commode. Oil hot water heat; coal furnace; and gas space heater; 100 amp electrical; newer windows; metal roof; and hardwood floors under all the wall to wall carpet. Enjoy outdoor entertaining on the spacious covered rear patio. Oversized 3-car garage with workshop includes one car stall on the upper level and two car stalls on the lower level. Don't miss this rare find. To make this home your home sweet home, call today for more details, to receive your tour packet, and to schedule your personal tour!

ⓘ 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: $1,811 · $151/mo
• Projected year-2 tax: $1,892 · $158/mo
• Expected delta: +$81/yr (+$7/mo · 4.5%)

ⓘ 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 ≥91°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,200
• − Mortgage interest: −$6,996
• − Property taxes: −$1,811
• − Insurance: −$624
• − Repairs & maintenance: −$1,776
• − Management: −$1,776
• − Depreciation: −$3,633
• Taxable income: $5,582
• Est. tax owed @ 24.0%: −$1,340
• After-tax cash flow: $5,903/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: Windber Area SD
• NCES district ID: 4226610
• Math proficiency: 45% ▼ -14.00%
• Reading proficiency: 60% ▼ -13.00%
• Median HH income: $36,802
• Composite: 43.54/100
• National rank: #2985
• State rank: #166 of 539 in PA

Livability — Paint

• Score: 64/100
• State rank: #1222
• US rank: #14563

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Paint, PA
• Population (ZIP): 10,383

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% Hispanic / Latino 3% Two or more races 2%
• Common ancestry: Romanian 17% Slovak 3% Iranian 3%
• Foreign-born: 0%
• 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: ▼ -45.99%
• Current HPI: 142.2017
• 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

1 event — show timeline

• 2026-04-06 Listed $124,900 CSMLS

Property tax history

+3.5%/yr

Latest (2026): $1,811 · +3.5% YoY. Source: county tax records.