1034 Logan Rd · White Oak, PA 15137

$20,000

2 bd · 1.0 ba · 992 sqft · SingleFamily public records · 65 Days on market

Built 1930 0.27 ac lot $20/sqft · 86% below area ↓ 38% since listing

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Why this score? — see what drove the D 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 +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 2 bedroom, 2 bedroom house in North Versailles features a detached garage, enclosed porch, side deck and is being sold as is with the vacant lot next door. The property requires full renovation or demolition, depending on the applicant's plan. Property showings will not be held at this property - please see YouTube video for a look inside: https://youtu. be/2RERp97YXU0. There is an easement for access to the property behind 1034 Logan. Adjacent vacant lot included with sale. Parcel numbers 751-F-163 & 751-F-162.

Key facts

• Side deck
• Enclosed porch
• Vacant lot included

Tags

• DETACHED GARAGE
• ENCLOSED PORCH
• SIDE DECK
• VACANT LOT INCLUDED
• EASEMENT FOR ACCESS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $20k.

Deal economics

• At list price, monthly cash flow is $669 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $20k).
• Recommended offer: $19k (6.0% below list) — sets the bar for market timing.
• Cap rate 46.4% vs local median 4.1% in White Oak — 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 77/100 on livability (#339 in PA, #2,982 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools D, amenities D-, commute F.
• East Allegheny SD (suburban): math 14% / reading 30% proficiency, ranked #485 of 539 in PA (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 31 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 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 $138 of loan paydown is wiped out by about $600 of value loss. Plan a longer hold.
• At projected returns (-3.0% 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 65 days — a 6% lower offer ($19k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y 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.

Risks & watch-outs

• Watch-outs: property tax is 4.0% of price; built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $18,800 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 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 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 5.38% ✓
• Cap rate: 46.45%
• Cash-on-cash: 143.41%
• DSCR: 7.38
• GRM: 1.5

CMA / ARV

• ARV (median comp): $171,249
• List price: $20,000
• Delta: -88.32%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
421 Old Jacks Run Rd	0.51mi	2/2.0	1,074 (+8%)	6mo	$150,000	$140	53
1718 Howell	0.69mi	3/1.5 (+1)	1,044 (+5%)	4mo	$195,000	$187	49
201 Dix Dr	0.66mi	3/2.0 (+1)	1,053 (+6%)	21mo	$149,900	$142	33

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: —
• Equity multiple: 8.04×
• Total profit: $39,425
• Equity at exit: $2,982

10-year hold

• IRR: —
• Equity multiple: 16.96×
• Total profit: $89,387
• Equity at exit: $1,729

Cash invested: $5,600 (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 15137

• Home prices YoY: -9.2%
• Active inventory: 31
• Price-to-rent: 1.5×

Monthly cashflow live

• Estimated rent: $1,075 medium
• Mortgage (P&I): −$105
• Tax from tax record: −$67 /mo · $806/yr
• Insurance: −$8
• HOA: −$0
• Vacancy / Maint / Mgmt: −$226
• Net cashflow: $669

Break-even live

Break-even rent $228

Max offer price $20,000

Occupancy floor 33%

Sensitivity live

Price	-10% $681	-5% $675	+0% $669	+5% $664	+10% $658
Rent	-10% $584	-5% $627	+0% $669	+5% $712	+10% $754
Rate	-1.0pp $679	-0.5pp $674	base $669	+0.5pp $664	+1.0pp $659

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: $5,000
• Closing costs: $600
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1954 Amato Dr North Versailles, PA	1.0	1.0	600	$825	$1.38	44d	2	0.16mi
175 Dix Dr North Versailles Township, PA	1.0–2.0	1.0	691	$1,155	$1.67	3d	11	0.67mi

Listing history 15 events

1. 2026-05-15
   status Pending 528-char remark

   Show marketing remark (528 chars)

   This 2 bedroom, 2 bedroom house in North Versailles features a detached garage, enclosed porch, side deck and is being sold as is with the vacant lot next door. The property requires full renovation or demolition, depending on the applicant's plan. Property showings will not be held at this property - please see YouTube video for a look inside: https://youtu. be/2RERp97YXU0. There is an easement for access to the property behind 1034 Logan. Adjacent vacant lot included with sale. Parcel numbers 751-F-163 & 751-F-162.

2. 2026-03-11
   listed $20,000 Active 528-char remark

   Show marketing remark (528 chars)

   This 2 bedroom, 2 bedroom house in North Versailles features a detached garage, enclosed porch, side deck and is being sold as is with the vacant lot next door. The property requires full renovation or demolition, depending on the applicant's plan. Property showings will not be held at this property - please see YouTube video for a look inside: https://youtu. be/2RERp97YXU0. There is an easement for access to the property behind 1034 Logan. Adjacent vacant lot included with sale. Parcel numbers 751-F-163 & 751-F-162.

3. 2018-12-08
   historical Expired 485-char remark

   Show marketing remark (485 chars)

   Check out this spacious level living Ranch Home! The home has an many great features. It's situated on a large lot flat lot minutes from restuaurants and shopping. It has that private feel with a convenient location. The kitchen is updated and fully equipped. The home has a formal dining room, den/office, large bedrooms and the master has it's very own full bath. Let's not forget the enclosed front porch and the large side deck that overlooks the flat yard and tree lined driveway.

4. 2018-09-17
   historical Contingent 485-char remark

   Show marketing remark (485 chars)

   Check out this spacious level living Ranch Home! The home has an many great features. It's situated on a large lot flat lot minutes from restuaurants and shopping. It has that private feel with a convenient location. The kitchen is updated and fully equipped. The home has a formal dining room, den/office, large bedrooms and the master has it's very own full bath. Let's not forget the enclosed front porch and the large side deck that overlooks the flat yard and tree lined driveway.

5. 2017-12-27
   listed $49,900 Active 485-char remark

   Show marketing remark (485 chars)

   Check out this spacious level living Ranch Home! The home has an many great features. It's situated on a large lot flat lot minutes from restuaurants and shopping. It has that private feel with a convenient location. The kitchen is updated and fully equipped. The home has a formal dining room, den/office, large bedrooms and the master has it's very own full bath. Let's not forget the enclosed front porch and the large side deck that overlooks the flat yard and tree lined driveway.

6. 2017-09-16
   historical Expired
7. 2017-06-11
   price $62,900
8. 2017-05-11
   listed $64,900 Active
9. 2015-12-09
   price $24,399
10. 2015-05-28
    price $21,680
11. 2015-05-11
    soldstatus $24,399 Sold
12. 2014-12-12
    listed $21,680
13. 2004-05-26
    soldstatus $66,500
14. 2004-04-03
    listed $68,900
15. 2004-03-05
    soldstatus $32,500

ⓘ 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: $806 · $67/mo
• Projected year-2 tax: $806 · $67/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 · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,906
• − Mortgage interest: −$1,120
• − Property taxes: −$806
• − Insurance: −$100
• − Repairs & maintenance: −$1,032
• − Management: −$1,032
• − Depreciation: −$582
• Taxable income: $8,233
• Est. tax owed @ 24.0%: −$1,976
• After-tax cash flow: $6,055/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: East Allegheny SD
• NCES district ID: 4208060
• Math proficiency: 14% ▼ -13.00%
• Reading proficiency: 30% ▼ -19.00%
• Median HH income: $38,748
• Composite: 18.44/100
• National rank: #8930
• State rank: #485 of 539 in PA

Livability — White Oak

• Score: 77/100
• State rank: #339
• US rank: #2982

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Allegheny County · 1,022,028 people
• City population: 8,451
• Metro: Pittsburgh, PA
• Population (ZIP): 10,043
• Household income: $53,632
• Rent vs Own: 32.5% rent · 67.5% own
• Severe rent burden: 393.0

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: Predominantly White (77%)
• Race & ethnicity: White 77% Black 18% Two or more races 2% Asian 2%
• Common ancestry: Romanian 6% Slovak 3% Lithuanian 1%
• Foreign-born: 2% · Vietnam
• Languages at home: 97% English-only · Vietnamese 2%

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: ▼ -25.43%
• Current HPI: 252.4089
• Rent YoY: —
• 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

-38.5% since first listed

15 events — show timeline

• 2026-05-15 Pending — West Penn MLS
• 2026-03-11 Listed $20,000 West Penn MLS
• 2018-12-08 Delisted — West Penn MLS
• 2018-09-17 Contingent — West Penn MLS
• 2017-12-27 Listed $49,900 West Penn MLS
• 2017-09-16 Delisted — West Penn MLS
• 2017-06-11 Price Changed $62,900 West Penn MLS
• 2017-05-11 Listed $64,900 West Penn MLS
• 2015-12-09 Price Changed $24,399 West Penn MLS
• 2015-05-28 Price Changed $21,680 West Penn MLS
• 2015-05-11 Sold (MLS) $24,399 West Penn MLS
• 2014-12-12 Listed $21,680 West Penn MLS
• 2004-05-26 Sold (MLS) $66,500 West Penn MLS
• 2004-04-03 Listed $68,900 West Penn MLS
• 2004-03-05 Sold (Public Records) $32,500 Public Records

Property tax history

-1.0%/yr

Latest (2026): $806 · +0.0% YoY. Source: county tax records.