14 E Pike St · Houston, PA 15342

$149,900

3 bd · 1.0 ba · 1,598 sqft · SingleFamily public records · 192 Days on market

Built 1930 2,025 sqft lot Est $291k · 48% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Schools +4.7/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Corporate owned, sold as is, need addendums and pre-approval or POF to present offer, list office holds h/m, no utilities--take light, taxes and lot size estimated

Key facts

• 1930s colonial
• Formal dining room
• Fresh paint

Tags

• 1930S COLONIAL
• SPACIOUS LIVING ROOM
• FORMAL DINING ROOM
• EAT-IN KITCHEN
• NEW ROOF
• FRESH PAINT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $584 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 78/100 on livability (#278 in PA, #2,456 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D+, amenities F.
• Chartiers-Houston SD (suburban): math 40% / reading 68% proficiency, ranked #125 of 539 in PA (top 23%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 27 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 489 units permitted in Washington County in 2024 (30 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Washington County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 192 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 22y ago; this cycle's ask has dropped $35k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $115k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $131,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 192 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.32% ✓
• Cap rate: 10.97%
• Cash-on-cash: 16.69%
• DSCR: 1.74
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $290,836
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14 E Pike St	0.00mi	3/1.5	1,598 (0%)	1mo	$140,000	$88	98
211 Reed Ave	0.18mi	3/2.5	1,650 (+3%)	5mo	$365,000	$221	76
150 N Haft St	0.19mi	4/2.0 (+1)	1,675 (+5%)	3mo	$258,000	$154	71
207 N Main St	0.19mi	3/2.5	1,456 (-9%)	4mo	$85,000	$58	67
335 E Pike St	0.33mi	3/2.0	1,443 (-10%)	0mo	$247,097	$171	64
140 4th St	0.47mi	3/2.0	1,453 (-9%)	2mo	$265,000	$182	57
611 Longvue Dr	0.62mi	3/2.5	1,530 (-4%)	2mo	$315,000	$206	56
336 N Main	0.41mi	2/1.0 (-1)	1,448 (-9%)	5mo	$66,000	$46	56
142 Alexander Ave	0.37mi	3/2.0	1,386 (-13%)	3mo	$216,000	$156	54
178 Wylie Ave	0.57mi	3/2.0	1,472 (-8%)	2mo	$280,000	$190	54
738 Scenic Dr	0.72mi	3/2.5	1,500 (-6%)	1mo	$345,000	$230	49
711 Scenic Dr	0.65mi	3/2.5	1,467 (-8%)	3mo	$285,000	$194	48

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: 7.8%
• Equity multiple: 1.31×
• Total profit: $12,891
• Equity at exit: $22,351

10-year hold

• IRR: 17.1%
• Equity multiple: 2.41×
• Total profit: $59,097
• Equity at exit: $12,961

Cash invested: $41,972 (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 15342

• Home prices YoY: -7.5%
• Active inventory: 27
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,986 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$136 /mo · $1,635/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$417
• Net cashflow: $584

Break-even live

Break-even rent $1,247

Max offer price $149,900

Occupancy floor 66%

Sensitivity live

Price	-10% $669	-5% $626	+0% $584	+5% $541	+10% $499
Rent	-10% $427	-5% $505	+0% $584	+5% $662	+10% $741
Rate	-1.0pp $659	-0.5pp $622	base $584	+0.5pp $545	+1.0pp $505

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
236 Grace Ave Canonsburg, PA	3.0	2.0	1656	$1,800	$1.09	2d	1	0.92mi
108 Loubell Dr Unit 108 Canonsburg, PA	3.0	2.5	1760	$2,295	$1.30	17d	1	1.44mi

Listing history 7 events

1. 2026-04-28
   status Pending
2. 2026-04-13
   price $149,900
3. 2025-10-23
   price $155,000
4. 2025-10-18
   listed $185,000 Active
5. 2024-06-03
   soldstatus $115,000
6. 2005-03-04
   soldstatus $22,500 163-char remark

   Show marketing remark (163 chars)

   Corporate owned, sold as is, need addendums and pre-approval or POF to present offer, list office holds h/m, no utilities--take light, taxes and lot size estimated

7. 2004-11-01
   listed $39,900 163-char remark

   Show marketing remark (163 chars)

   Corporate owned, sold as is, need addendums and pre-approval or POF to present offer, list office holds h/m, no utilities--take light, taxes and lot size estimated

ⓘ 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: $1,635 · $136/mo
• Projected year-2 tax: $2,002 · $167/mo
• Expected delta: +$367/yr (+$31/mo · 22.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 17% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥95°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,827
• − Mortgage interest: −$8,397
• − Property taxes: −$1,635
• − Insurance: −$750
• − Repairs & maintenance: −$1,906
• − Management: −$1,906
• − Depreciation: −$4,361
• Taxable income: $4,873
• Est. tax owed @ 24.0%: −$1,169
• After-tax cash flow: $5,836/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-Houston SD
• NCES district ID: 4205730
• Math proficiency: 40% ▼ -10.00%
• Reading proficiency: 68% ▼ -4.00%
• Median HH income: $56,103
• Composite: 46.57/100
• National rank: #2426
• State rank: #125 of 539 in PA

Livability — Houston

• Score: 78/100
• State rank: #278
• US rank: #2456

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Houston, PA
• Population (ZIP): 5,110

Population outlook (Washington County) Hauer SSP2

• Today (2025): 208,060 people
• By 2030: 207,168 · -0.4%
• By 2040: 202,738 · -2.6%
• By 2050: 195,269 · -6.1%
• By 2075: 175,588 · -15.6%
• By 2100: 145,827 · -29.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 5% Black 3% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Serbian 3% Scotch-Irish 2%
• Foreign-born: 2% · Canada, Dominican Republic
• Languages at home: 97% English-only · Spanish 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Washington

• 2024 margin: Strong R (+25.5) · D 36.9% · R 62.4%
• 2008→2024 swing: -20.8pp toward R · 2008: -4.7pp · 2024: -25.5pp
• All cycles: 2024: R+25.5 2020: R+22.8 2016: R+25.3 2012: R+13.3 2008: R+4.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -19.13%
• Current HPI: 234.3104
• 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

+275.7% since first listed

7 events — show timeline

• 2026-04-28 Pending — West Penn MLS
• 2026-04-13 Price Changed $149,900 West Penn MLS
• 2025-10-23 Price Changed $155,000 West Penn MLS
• 2025-10-18 Listed $185,000 West Penn MLS
• 2024-06-03 Sold (Public Records) $115,000 Public Records
• 2005-03-04 Sold (MLS) $22,500 West Penn MLS
• 2004-11-01 Listed $39,900 West Penn MLS

Property tax history

+2.9%/yr

Latest (2026): $1,635 · +5.4% YoY. Source: county tax records.