231 Webster Dr · Penn Hills, PA 15235

$145,000

3 bd · 1.0 ba · 988 sqft · SingleFamily public records · 42 Days on market

Built 1955 6,098 sqft lot $147/sqft · 12% below area Est $165k · 12% under

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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 +18.2/30.0
• ARV discount +12.9/15.0
• DSCR +5.7/10.0
• 1% rule +5.1/10.0
• Rent growth +4.4/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great starter or investment property in Penn Hills. Brick Ranch with one integral garage. Rear deck will be great this summer. Partially fenced level rear yard. Full basement.

Key facts

• All brick ranch
• Expansive basement
• Exceptional storage

Tags

• ALL BRICK RANCH
• SPACIOUS FRONT LIVING ROOM
• CHARMING EAT-IN KITCHEN
• DEDICATED DINING AREA
• EXPANSIVE BASEMENT
• EXCEPTIONAL STORAGE

Property features AI

Exterior

• Parking: Attached garage (1 parking space)
• Utilities: Public water; Public sewer
• Home design: Single-story brick residence; Resale property; Composition roof
• Construction: Brick construction; Composition roof
• Exterior features: Rectangular lot roughly 48x115x50x112

Interior

• Kitchen: Microwave; Refrigerator; Stove; Disposal
• Bedrooms: Three bedrooms on the main level (approx. 10x11, 10x11, 10x12)
• Flooring: Carpet; Ceramic tile
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating (gas); Central air conditioning
• Interior features: Unfinished basement; Some gas appliances; Disposal; Microwave; Refrigerator; Stove
• Laundry & utility: Basement utility space

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $129 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $145k).
• Recommended offer: $141k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Penn Hills SD (suburban): math 13% / reading 24% proficiency, ranked #496 of 539 in PA (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+7.6%/yr); 129 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 2,996 units permitted in Allegheny County in 2024 (1,588 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.
• At projected returns (-3.0% appreciation + 7.6% rent growth), your $41k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 23y 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 $45k; list at $145k implies a 222% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $140,650 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 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 1955 — 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. 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.
5. 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.
6. 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: 1.01% ✓
• Cap rate: 7.36%
• Cash-on-cash: 3.81%
• DSCR: 1.17
• GRM: 8.2

CMA / ARV

• ARV (median comp): $164,897
• List price: $145,000
• Delta: -12.07%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
388 Collins Dr	0.39mi	3/1.5	972 (-2%)	3mo	$155,000	$159	75
951 Universal Rd	0.34mi	3/1.0	941 (-5%)	4mo	$105,000	$112	73
139 Rodilin Dr	0.37mi	3/1.0	956 (-3%)	9mo	$147,500	$154	70
230 Idlewood Rd	0.26mi	2/1.5 (-1)	1,062 (+8%)	2mo	$135,000	$127	66
131 S Joslyn Dr	0.70mi	3/1.0	988 (0%)	2mo	$88,000	$89	66
129 Windsor Dr	0.63mi	3/1.0	992 (+0%)	7mo	$84,000	$85	64
105 Clay Dr	0.26mi	3/2.0	1,080 (+9%)	7mo	$92,500	$86	62
333 Stotler Rd	0.70mi	3/1.0	1,026 (+4%)	3mo	$201,000	$196	58
77 Duff Rd	0.62mi	2/1.0 (-1)	1,050 (+6%)	2mo	$8,755	$8	54
329 Jefferson Rd	0.29mi	2/2.0 (-1)	856 (-13%)	6mo	$148,000	$173	50
302 Duff Rd	0.75mi	2/1.0 (-1)	924 (-6%)	1mo	$166,000	$180	48
308 Parkridge Dr	0.54mi	3/1.5	1,125 (+14%)	6mo	$180,000	$160	45

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 · 7.63% rent growth · sell at horizon

5-year hold

• IRR: -5.1%
• Equity multiple: 0.80×
• Total profit: $-8,105
• Equity at exit: $21,620

10-year hold

• IRR: 9.5%
• Equity multiple: 1.88×
• Total profit: $35,928
• Equity at exit: $12,537

Cash invested: $40,600 (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 15235

• Home prices YoY: -34.1%
• Rents YoY: 7.6%
• Active inventory: 129
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,465 high
• Mortgage (P&I): −$760
• Tax from tax record: −$208 /mo · $2,491/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$308
• Net cashflow: $129

Break-even live

Break-even rent $1,302

Max offer price $145,000

Occupancy floor 86%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
261 Universal Rd Unit 261UNIV Pittsburgh, PA	3.0	1.0	1100	$1,225	$1.11	3d	1	0.18mi
154 Collins Dr Pittsburgh, PA	3.0	1.0	986	$1,295	$1.31	2d	1	0.21mi
127 Stowe Dr Pittsburgh, PA	3.0	1.0	948	$1,495	$1.58	21d	1	0.28mi
325 Poe Dr Pittsburgh, PA	2.0	1.0	1056	$1,599	$1.51	44d	1	0.34mi
279 Hazel Rd Pittsburgh, PA	3.0	1.0	1080	$1,732	$1.60	44d	1	0.47mi
124 Dauntless Dr Pittsburgh, PA	3.0	1.0	1100	$1,395	$1.27	24d	1	1.14mi
1160 Jefferson Rd Pittsburgh, PA	3.0	1.0	1066	$1,295	$1.21	14d	1	1.16mi
3910 Old William Penn Hwy Penn Hills, PA	2.0	1.0–2.0	750	$1,175	$1.57	2d	3	1.29mi
150 Marshall Dr Pittsburgh, PA	3.0	1.5	923	$1,450	$1.57	24d	1	1.38mi
62 Melvin Ct Penn Hills Township, PA	1.0–2.0	1.0	825	$1,549	$1.88	7d	2	1.42mi
213 Tilford Rd Pittsburgh, PA	4.0	1.5	1000	$1,640	$1.64	44d	1	1.44mi
457 Elias Dr #445 Pittsburgh, PA	2.0	1.0	888	$1,200	$1.35	17d	1	1.47mi
209 Briarwood Dr Pittsburgh, PA	3.0	2.0	1080	$1,500	$1.39	24d	1	1.49mi

Listing history 24 events

1. 2026-06-17
   status $145,000 Pending 42 DOM
2. 2026-06-17
   days on market $145,000 Contingent 42 DOM
3. 2026-06-16
   days on market $145,000 Contingent 41 DOM
4. 2026-06-15
   days on market $145,000 Contingent 40 DOM
5. 2026-06-13
   days on market $145,000 Contingent 38 DOM
6. 2026-06-13
   days on market $145,000 Contingent 37 DOM
7. 2026-06-09
   days on market $145,000 Contingent 34 DOM
8. 2026-06-08
   days on market $145,000 Contingent 33 DOM
9. 2026-06-07
   days on market $145,000 Contingent 32 DOM
10. 2026-06-05
    days on market $145,000 Contingent 29 DOM
11. 2026-06-03
    days on market $145,000 Contingent 28 DOM
12. 2026-06-02
    days on market $145,000 Contingent 27 DOM
13. 2026-06-01
    days on market $145,000 Contingent 26 DOM
14. 2026-05-31
    days on market $145,000 Contingent 25 DOM
15. 2026-05-18
    historical Contingent 829-char remark
16. 2026-05-06
    listed $145,000 Active 829-char remark
17. 2016-07-20
    soldstatus $45,000
18. 2015-03-24
    price $45,000 175-char remark

    Show marketing remark (175 chars)

    Great starter or investment property in Penn Hills. Brick Ranch with one integral garage. Rear deck will be great this summer. Partially fenced level rear yard. Full basement.

19. 2015-03-23
    price $49,900 175-char remark

    Show marketing remark (175 chars)

    Great starter or investment property in Penn Hills. Brick Ranch with one integral garage. Rear deck will be great this summer. Partially fenced level rear yard. Full basement.

20. 2015-03-23
    soldstatus $45,000 175-char remark

    Show marketing remark (175 chars)

    Great starter or investment property in Penn Hills. Brick Ranch with one integral garage. Rear deck will be great this summer. Partially fenced level rear yard. Full basement.

21. 2015-01-20
    listed $49,900 175-char remark

    Show marketing remark (175 chars)

    Great starter or investment property in Penn Hills. Brick Ranch with one integral garage. Rear deck will be great this summer. Partially fenced level rear yard. Full basement.

22. 2003-07-25
    soldstatus $55,900
23. 2003-07-18
    soldstatus $55,900

    Show marketing remark (127 chars)

    nice ranch with patio to large flat back yard, being sold "as is", lot size is estimated, call agent for more details

24. 2003-03-31
    listed $53,900

    Show marketing remark (127 chars)

    nice ranch with patio to large flat back yard, being sold "as is", lot size is estimated, call agent for more details

ⓘ 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: $2,491 · $208/mo
• Projected year-2 tax: $2,491 · $208/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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,580
• − Mortgage interest: −$8,122
• − Property taxes: −$2,491
• − Insurance: −$725
• − Repairs & maintenance: −$1,406
• − Management: −$1,406
• − Depreciation: −$4,218
• Taxable loss: −$790
• Est. tax savings @ 24.0%: +$190
• After-tax cash flow: $1,736/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: Penn Hills SD
• NCES district ID: 4218590
• Math proficiency: 13% ▼ -6.00%
• Reading proficiency: 24% ▼ -14.00%
• Median HH income: $47,794
• Composite: 16.42/100
• National rank: #9192
• State rank: #496 of 539 in PA

Livability — Penn Hills

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Allegheny County · 1,022,028 people
• Metro: Pittsburgh, PA
• Population (ZIP): 33,951
• Household income: $67,240
• Rent vs Own: 25.2% rent · 74.8% own
• Severe rent burden: 955.0

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: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 51% Black 40% Two or more races 7% Hispanic / Latino 2%
• Common ancestry: Romanian 5% Serbian 2% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 97% English-only · Other Indo-European 1% Spanish 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: ▼ -121.68%
• Current HPI: 235.4861
• Rent YoY: ▲ 7.63%
• 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

+169.0% since first listed

11 events — show timeline

• 2026-06-17 Pending — West Penn MLS
• 2026-05-18 Contingent — West Penn MLS
• 2026-05-06 Listed $145,000 West Penn MLS
• 2016-07-20 Sold (Public Records) $45,000 Public Records
• 2015-03-24 Price Changed $45,000 West Penn MLS
• 2015-03-23 Sold (MLS) $45,000 West Penn MLS
• 2015-03-23 Price Changed $49,900 West Penn MLS
• 2015-01-20 Listed $49,900 West Penn MLS
• 2003-07-25 Sold (Public Records) $55,900 Public Records
• 2003-07-18 Sold (MLS) $55,900 West Penn MLS
• 2003-03-31 Listed $53,900 West Penn MLS

Property tax history

+1.5%/yr

Latest (2026): $2,491 · +0.0% YoY. Source: county tax records.