146 Wilker Ave · Aliquippa, PA 15001

$43,900

3 bd · 1.0 ba · 1,080 sqft · SingleFamily public records · 84 Days on market

Built 1925 2,613 sqft lot $41/sqft · 24% above area Est $35k · 24% over

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious brick home with a large front covered porch.

Key facts

• Front covered porch
• 2,613 sq ft lot
• Built 1925

Tags

• FRONT COVERED PORCH

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $44k.

Deal economics

• At list price, monthly cash flow is $752 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $44k).
• Recommended offer: $41k (6.0% below list) — sets the bar for market timing.
• Cap rate 26.9% vs local median 4.3% in Aliquippa — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#216 in PA, #1,891 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities F, employment F.
• Aliquippa SD (suburban): math 4% / reading 19% proficiency, ranked #530 of 539 in PA (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.0%/yr); 128 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 272 units permitted in Beaver County in 2024 (80 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $304 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Beaver County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 2.0% rent growth), your $12k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 84 days — a 6% lower offer ($41k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $9k; list at $44k implies a 399% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $41,266 (6.0% below list)

Questions for the listing agent

1. It's been on market 84 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 1925 — 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: 3.02% ✓
• Cap rate: 26.85%
• Cash-on-cash: 73.42%
• DSCR: 4.27
• GRM: 2.8

CMA / ARV

• ARV (median comp): $35,349
• List price: $43,900
• Delta: 24.19%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
310 4th Ave	0.20mi	2/1.0 (-1)	1,152 (+7%)	10mo	$28,000	$24	66
1000 Davis St	0.50mi	2/1.0 (-1)	1,152 (+7%)	4mo	$18,500	$16	57
601 Washington St	0.22mi	3/1.5	948 (-12%)	13mo	$23,000	$24	56
713 Washington St	0.22mi	4/2.0 (+1)	1,222 (+13%)	4mo	$32,500	$27	56
109 Wayne St	0.38mi	3/2.0	1,209 (+12%)	4mo	$36,000	$30	55
127 Carroll St	0.69mi	4/2.0 (+1)	1,115 (+3%)	2mo	$150,000	$135	52
155 Temple St	0.64mi	3/1.0	1,040 (-4%)	15mo	$80,000	$77	51
609 Monaca Rd	0.50mi	3/2.0	1,152 (+7%)	13mo	$55,000	$48	51
315 Cooper St	0.46mi	2/1.0 (-1)	992 (-8%)	14mo	$32,000	$32	49
125 Carroll St	0.68mi	2/1.0 (-1)	1,008 (-7%)	8mo	$107,500	$107	45
636 Monaca Rd	0.62mi	4/1.5 (+1)	1,176 (+9%)	9mo	$6,750	$6	42
845 Franklin Ave	0.44mi	4/1.0 (+1)	1,224 (+13%)	16mo	$26,500	$22	39

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 · 2.05% rent growth · sell at horizon

5-year hold

• IRR: 72.1%
• Equity multiple: 4.22×
• Total profit: $39,548
• Equity at exit: $6,546

10-year hold

• IRR: 75.7%
• Equity multiple: 8.41×
• Total profit: $91,125
• Equity at exit: $3,796

Cash invested: $12,292 (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 15001

• Home prices YoY: -20.8%
• Rents YoY: 2.0%
• Active inventory: 128
• Price-to-rent: 2.8×

Monthly cashflow live

• Estimated rent: $1,326 high
• Mortgage (P&I): −$230
• Tax from tax record: −$47 /mo · $564/yr
• Insurance: −$18
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $752

Break-even live

Break-even rent $374

Max offer price $43,900

Occupancy floor 38%

Sensitivity live

Price	-10% $777	-5% $765	+0% $752	+5% $740	+10% $727
Rent	-10% $647	-5% $700	+0% $752	+5% $804	+10% $857
Rate	-1.0pp $774	-0.5pp $763	base $752	+0.5pp $741	+1.0pp $729

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: $10,975
• Closing costs: $1,317
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
190 Economy St Aliquippa, PA	2.0	1.0	1285	$1,200	$0.93	3d	1	0.05mi
629 Highland Ave Aliquippa, PA	3.0	1.0	1468	$700	$0.48	45d	1	0.35mi
25 Mount Vernon Dr Aliquippa, PA	2.0	1.0	775	$775	$1.00	13d	1	0.57mi
141 Carroll St Aliquippa, PA	2.0	1.0	704	$995	$1.41	3d	1	0.74mi
1108 Main St Aliquippa, PA	3.0	1.0	1352	$1,299	$0.96	3d	1	0.81mi
1620 Polk St Aliquippa, PA	3.0	1.0	1124	$1,045	$0.93	3d	1	1.08mi

Listing history 5 events

1. 2026-06-01
   days on market $43,900 Active 84 DOM
2. 2026-05-31
   days on market $43,900 Active 83 DOM
3. 2026-04-22
   price $43,900 53-char remark

   Show marketing remark (53 chars)

   Spacious brick home with a large front covered porch.

4. 2026-03-09
   listed $49,900 Active 53-char remark

   Show marketing remark (53 chars)

   Spacious brick home with a large front covered porch.

5. 1962-09-01
   soldstatus $8,800

ⓘ 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: $564 · $47/mo
• Projected year-2 tax: $629 · $52/mo
• Expected delta: +$65/yr (+$5/mo · 11.5%)

ⓘ 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 ≥98°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,913
• − Mortgage interest: −$2,459
• − Property taxes: −$564
• − Insurance: −$220
• − Repairs & maintenance: −$1,273
• − Management: −$1,273
• − Depreciation: −$1,277
• Taxable income: $8,847
• Est. tax owed @ 24.0%: −$2,123
• After-tax cash flow: $6,902/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: Aliquippa SD
• NCES district ID: 4202130
• Math proficiency: 4% ▼ -9.00%
• Reading proficiency: 19% ▼ -10.00%
• Median HH income: $31,613
• Composite: 9.05/100
• National rank: #9874
• State rank: #530 of 539 in PA

Livability — Aliquippa

• Score: 80/100
• State rank: #216
• US rank: #1891

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Aliquippa, PA
• County: Beaver County · 116,001 people
• City population: 31,976
• Metro: Pittsburgh, PA
• Population (ZIP): 31,976
• Household income: $70,985
• Rent vs Own: 24.4% rent · 75.6% own
• Severe rent burden: 720.0

Population outlook (Beaver County) Hauer SSP2

• Today (2025): 164,976 people
• By 2030: 161,449 · -2.1%
• By 2040: 151,752 · -8.0%
• By 2050: 141,155 · -14.4%
• By 2075: 118,142 · -28.4%
• By 2100: 91,740 · -44.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Black 13% Two or more races 5% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Serbian 2% Subsaharan African 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Other Indo-European 2% Spanish 1% German/W. Germanic 1%

Political lean MEDSL · Beaver

• 2024 margin: Strong R (+20.7) · D 39.2% · R 59.9%
• 2008→2024 swing: -17.9pp toward R · 2008: -2.8pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+17.7 2016: R+20.1 2012: R+6.6 2008: R+2.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -65.21%
• Current HPI: 247.7251
• Rent YoY: ▲ 2.05%
• 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

+398.9% since first listed

3 events — show timeline

• 2026-04-22 Price Changed $43,900 West Penn MLS
• 2026-03-09 Listed $49,900 West Penn MLS
• 1962-09-01 Sold (Public Records) $8,800 Public Records

Property tax history

-1.3%/yr

Latest (2026): $564 · -0.9% YoY. Source: county tax records.