510 N 5th St · Apollo, PA 15613

$39,000

3 bd · 1.0 ba · 1,400 sqft · SingleFamily public records · 3 Days on market

Built 1915 2,395 sqft lot ↓ 44% since listing

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.5/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bedroom 1.5 bath 2 story home on corner lot with level fenced in rear yard, living room, dining room, full basement, covered front porch and 1 car detached garage.

Key facts

• Excellent storage
• Workshop potential
• 2,395 sq ft lot

Tags

• APOLLO-RIDGE SCHOOL DISTRICT
• OVERSIZED DETACHED GARAGE
• EXCELLENT STORAGE
• WORKSHOP POTENTIAL
• ADDITIONAL PARKING OPTIONS
• CLOSE TO LOCAL SHOPPING

Property features AI

Exterior

• Parking: Detached garage
• Utilities: Public water; Public sewer
• Home design: 2-story residence; Resale property
• Exterior features: Small lot (about 0.055 acres)

Interior

• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating (gas); Central air conditioning
• Interior features: Unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $39k.

Deal economics

• At list price, monthly cash flow is $521 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $39k).

Location & tenants

• Location reads 70/100 on livability (#771 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D+, amenities F, commute F.
• Apollo-Ridge SD (rural): math 23% / reading 45% proficiency, ranked #425 of 539 in PA (top 79%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 60 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 58 units permitted in Armstrong County in 2024 (20 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $270 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Armstrong County population projected at -27% 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 $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $30k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 4.9% of price; built in 1915 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $39,000

Questions for the listing agent

1. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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: 2.92% ✓
• Cap rate: 22.32%
• Cash-on-cash: 57.25%
• DSCR: 3.55
• GRM: 2.9

CMA / ARV

• ARV (on-the-fly): $158,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
404 N 10th St	0.22mi	3/1.0	1,352 (-3%)	4mo	$20,000	$15	81
311 S 4th St	0.38mi	3/1.0	1,360 (-3%)	11mo	$106,000	$78	68
509 1st Street Ext	0.26mi	3/2.0	1,598 (+14%)	2mo	$150,000	$94	59
314 S 5th St	0.43mi	2/1.0 (-1)	1,248 (-11%)	1mo	$50,000	$40	56
615 Rose St	0.55mi	3/2.0	1,344 (-4%)	12mo	$204,000	$152	54
1503 Birch Ave	0.69mi	3/2.5	1,420 (+1%)	10mo	$180,000	$127	51
1316 Leonard Ave	0.45mi	3/1.0	1,252 (-11%)	13mo	$60,000	$48	51
638 Rose St	0.55mi	3/2.5	1,311 (-6%)	9mo	$260,000	$198	50
634 Rose St	0.53mi	3/2.0	1,558 (+11%)	8mo	$265,000	$170	46
141 Orr Ave	0.72mi	3/2.0	1,316 (-6%)	9mo	$266,000	$202	44
822 16th St	0.64mi	4/1.5 (+1)	1,600 (+14%)	18mo	$180,000	$113	24
301 Bryant St	0.71mi	3/2.0	1,197 (-14%)	19mo	$76,289	$64	23

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: 55.8%
• Equity multiple: 3.47×
• Total profit: $26,946
• Equity at exit: $5,815

10-year hold

• IRR: 60.8%
• Equity multiple: 7.09×
• Total profit: $66,533
• Equity at exit: $3,372

Cash invested: $10,920 (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 15613

• Home prices YoY: -14.8%
• Active inventory: 60
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $1,139 medium
• Mortgage (P&I): −$205
• Tax from tax record: −$158 /mo · $1,898/yr
• Insurance: −$16
• HOA: −$0
• Vacancy / Maint / Mgmt: −$239
• Net cashflow: $521

Break-even live

Break-even rent $480

Max offer price $39,000

Occupancy floor 49%

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: $9,750
• Closing costs: $1,170
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1005 Hancock Ave Vandergrift, PA	3.0	2.0	1400	$1,395	$1.00	17d	1	0.58mi
434 Mckinley Ave Vandergrift - WML, PA	1.0–2.0	1.0	933	$1,098	$1.18	1d	3	0.98mi
121 McKinley Ave Vandergrift, PA	2.0	1.0	1064	$795	$0.75	7d	1	1.17mi
121 McKinley Ave Unit 121-B Vandergrift, PA	2.0	1.0	1064	$850	$0.80	43d	1	1.17mi

Listing history 3 events

1. 2026-06-18
   days on market $39,000 Active 3 DOM
2. 2026-06-17
   remarks 545-char remark
3. 2026-06-17
   listed $39,000 Active 2 DOM

ⓘ 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: $1,898 · $158/mo
• Projected year-2 tax: $1,898 · $158/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 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,670
• − Mortgage interest: −$2,185
• − Property taxes: −$1,898
• − Insurance: −$195
• − Repairs & maintenance: −$1,094
• − Management: −$1,094
• − Depreciation: −$1,135
• Taxable income: $6,070
• Est. tax owed @ 24.0%: −$1,457
• After-tax cash flow: $4,795/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: Apollo-Ridge SD
• NCES district ID: 4202550
• Math proficiency: 23% ▼ -14.00%
• Reading proficiency: 45% ▼ -19.00%
• Median HH income: $43,741
• Composite: 28.83/100
• National rank: #6654
• State rank: #425 of 539 in PA

Livability — Apollo

• Score: 70/100
• State rank: #771
• US rank: #7781

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Apollo, PA
• Population (ZIP): 12,732

Population outlook (Armstrong County) Hauer SSP2

• Today (2025): 62,513 people
• By 2030: 59,579 · -4.7%
• By 2040: 52,890 · -15.4%
• By 2050: 45,904 · -26.6%
• By 2075: 32,023 · -48.8%
• By 2100: 20,415 · -67.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 3% Hispanic / Latino 3%
• Common ancestry: Romanian 7% Lithuanian 2% Iranian 2%
• Foreign-born: 1% · China, Canada, Jamaica
• Languages at home: 97% English-only · Spanish 1% Chinese 1%

Political lean MEDSL · Armstrong

• 2024 margin: Solid R (+53.2) · D 23.0% · R 76.2%
• 2008→2024 swing: -28.6pp toward R · 2008: -24.6pp · 2024: -53.2pp
• All cycles: 2024: R+53.2 2020: R+52.3 2016: R+52.0 2012: R+37.2 2008: R+24.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.35%
• Current HPI: 261.4891
• 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

-44.2% since first listed

11 events — show timeline

• 2026-06-15 Listed $39,000 West Penn MLS
• 2012-06-15 Price Changed $29,900 West Penn MLS
• 2012-05-18 Sold (MLS) $30,333 West Penn MLS
• 2011-12-07 Listed $30,333 West Penn MLS
• 2011-12-02 Sold (MLS) $9,285 West Penn MLS
• 2011-12-02 Price Changed $40,000 West Penn MLS
• 2011-03-08 Listed $9,285 West Penn MLS
• 2007-07-05 Sold (MLS) $79,500 West Penn MLS
• 2007-04-02 Listed $82,500 West Penn MLS
• 2006-04-14 Sold (MLS) $72,500 West Penn MLS
• 2006-01-20 Listed $69,900 West Penn MLS

Property tax history

+1.5%/yr

Latest (2026): $1,898 · +3.6% YoY. Source: county tax records.