154 2nd St · East Conemaugh, PA 15909

$21,500

3 bd · 1.0 ba · 1,344 sqft · SingleFamily · 26 Days on market

3,049 sqft lot Est $42k · 48% 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 +15.0/30.0
• ARV discount +15.0/15.0
• Appreciation +6.8/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.6/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

3 Bed ! Bath home in East Conemaugh Borough. Home features approximately 1340 Square feet of living space. Ideal for investors, contractors or someone with a vision to make your own. Street parking is limited. Alley access could be converted into more parking spaces. Call and Schedule a showing today.

Key facts

• Alley access
• 3,049 sq ft lot
• Listed 26 days

Tags

• ALLEY ACCESS

Property features AI

Finance

• Other: Located across from a little league field

Exterior

• Parking: Street parking available (limited)
• Utilities: Public water; Public sewer
• Home design: Two-story single family residence; Residential zoning; Property faces Maple/Main/2nd St area (see directions)
• Construction: Frame and block construction with wood siding; Composition roof
• Exterior features: Rectangular lot; Limited on-street parking (per directions)

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Hot water heating; Oil heating
• Interior features: Unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $22k.

Deal economics

• At list price, monthly cash flow is $789 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $22k).
• Recommended offer: $21k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 60/100 on livability (#1,504 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+; Watch: schools F, amenities F, commute F.
• Conemaugh Valley SD (rural): math 30% / reading 56% proficiency, ranked #313 of 539 in PA (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 21 active listings in the ZIP; 64 units permitted in Cambria County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $915 of equity ($149 loan paydown + $766 appreciation (3.6% local appreciation)).
• Cambria County population projected at -28% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.6% appreciation + 3.0% rent growth), your $6k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($21k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 17y 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.

Recommended offer $21,177 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 5.62% ✓
• Cap rate: 50.35%
• Cash-on-cash: 157.34%
• DSCR: 8.00
• GRM: 1.5

CMA / ARV

• ARV (on-the-fly): $41,664
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
145 Jackson St	0.16mi	3/1.0	1,231 (-8%)	4mo	$50,000	$41	75
223 First St	0.12mi	3/1.0	1,250 (-7%)	13mo	$37,500	$30	72
160 Second St	0.01mi	3/2.0	1,532 (+14%)	4mo	$48,000	$31	69
113 Bon Air St	0.32mi	2/1.0 (-1)	1,242 (-8%)	12mo	$50,000	$40	58
1 Headrick Aly	0.31mi	4/1.5 (+1)	1,232 (-8%)	20mo	$32,000	$26	48
415 Second St	0.30mi	3/2.0	1,208 (-10%)	23mo	$15,000	$12	46
1136 Main St	0.44mi	4/1.0 (+1)	1,232 (-8%)	20mo	$43,400	$35	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.56% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 9.89×
• Total profit: $53,539
• Equity at exit: $10,356

10-year hold

• IRR: —
• Equity multiple: 20.83×
• Total profit: $119,396
• Equity at exit: $16,518

Cash invested: $6,020 (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 15909

• Home prices YoY: 2.4%
• Active inventory: 21
• Price-to-rent: 1.5×

Monthly cashflow live

• Estimated rent: $1,208 medium
• Mortgage (P&I): −$113
• Tax from tax record: −$43 /mo · $521/yr
• Insurance: −$9
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $789

Break-even live

Break-even rent $209

Max offer price $21,500

Occupancy floor 30%

Sensitivity live

Price	-10% $801	-5% $795	+0% $789	+5% $783	+10% $777
Rent	-10% $694	-5% $742	+0% $789	+5% $837	+10% $885
Rate	-1.0pp $800	-0.5pp $795	base $789	+0.5pp $784	+1.0pp $778

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: $5,375
• Closing costs: $645
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-21
   days on market $21,500 Active 26 DOM
2. 2026-06-19
   days on market $21,500 Active 24 DOM
3. 2026-06-18
   days on market $21,500 Active 23 DOM
4. 2026-06-17
   days on market $21,500 Active 22 DOM
5. 2026-06-16
   days on market $21,500 Active 21 DOM
6. 2026-06-15
   days on market $21,500 Active 20 DOM
7. 2026-06-14
   days on market $21,500 Active 18 DOM
8. 2026-06-12
   days on market $21,500 Active 17 DOM
9. 2026-06-09
   days on market $21,500 Active 14 DOM
10. 2026-06-08
    days on market $21,500 Active 13 DOM
11. 2026-06-07
    days on market $21,500 Active 12 DOM
12. 2026-06-02
    days on market $21,500 Active 7 DOM
13. 2026-06-01
    days on market $21,500 Active 6 DOM
14. 2026-05-31
    days on market $21,500 Active 5 DOM
15. 2026-05-30
    days on market $21,500 Active 4 DOM
16. 2026-05-26
    listed $21,500 Active
17. 2009-03-09
    listed $7,500

ⓘ 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: $521 · $43/mo
• Projected year-2 tax: $521 · $43/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 3/10 Moderate
• 🌡 Heat 3/10 Moderate 8 d/yr ≥91°F today · 19 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: $14,498
• − Mortgage interest: −$1,204
• − Property taxes: −$521
• − Insurance: −$108
• − Repairs & maintenance: −$1,160
• − Management: −$1,160
• − Depreciation: −$625
• Taxable income: $9,720
• Est. tax owed @ 24.0%: −$2,333
• After-tax cash flow: $7,139/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: Conemaugh Valley SD
• NCES district ID: 4206430
• Math proficiency: 30% ▼ -18.00%
• Reading proficiency: 56% ▼ -11.00%
• Median HH income: $42,523
• Composite: 36.16/100
• National rank: #4739
• State rank: #313 of 539 in PA

Livability — East Conemaugh

• Score: 60/100
• State rank: #1504
• US rank: #19510

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Conemaugh, PA
• Population (ZIP): 4,850

Population outlook (Cambria County) Hauer SSP2

• Today (2025): 122,754 people
• By 2030: 115,827 · -5.6%
• By 2040: 101,309 · -17.5%
• By 2050: 88,379 · -28.0%
• By 2075: 65,237 · -46.9%
• By 2100: 46,909 · -61.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 13% Polish 2% Slovak 2%
• Foreign-born: 0%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Cambria

• 2024 margin: Solid R (+39.7) · D 29.8% · R 69.5%
• 2008→2024 swing: -40.4pp toward R · 2008: 0.7pp · 2024: -39.7pp
• All cycles: 2024: R+39.7 2020: R+37.3 2016: R+37.8 2012: R+17.8 2008: D+0.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.56%
• Current HPI: 150.8221
• 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

+186.7% since first listed

2 events — show timeline

• 2026-05-26 Listed $21,500 CSMLS
• 2009-03-09 Listed $7,500 CSMLS

Property tax history

+0.9%/yr

Latest (2026): $521 · +0.0% YoY. Source: county tax records.