2419 Banker St · McKeesport, PA 15132

$65,000

3 bd · 1.0 ba · 1,942 sqft · SingleFamily public records · 135 Days on market

Built 1925 Good condition 1,751 sqft lot $33/sqft · 37% below area Est $103k · 37% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Condition / age +4.0/5.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Enchanting three-bedroom residence situated in the lovely area of Mckeesport. Boasting spacious rooms flooded with natural light, this delightful house also offers a welcoming front porch, perfect for savoring the joys of summer and autumn days.

Key facts

• 1,751 sq ft lot
• 2 parking spots
• Built 1925

Tags

• LARGE COVERED FRONT PORCH

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $65k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $488 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
• Cap rate 15.3% vs local median 10.2% in McKeesport — 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 66/100 on livability (#1,089 in PA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, crime F, amenities F.
• Mckeesport Area SD (suburban): math 11% / reading 28% proficiency, ranked #499 of 539 in PA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Founders Hall Middle Sch (math 2% / reading 26%, grade F, #480 of 512 statewide, top 94%, 695 students, 100% FRL); Mckeesport Area Shs (math 22% / reading 30%, grade F, #372 of 437 statewide, top 86%, 1,045 students, 78% FRL) — zoned schools average 89% FRL vs 66% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 177 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals lingering (median 93d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 71% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• At $1,328/mo this rent would consume 45% of the median local household income ($35k/yr) (locally 20% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 135 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago; this cycle's ask has dropped $25k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $34k; list at $65k implies a 91% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.6% of price; built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 135 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 1925 — 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 2.04% ✓
• Cap rate: 15.31%
• Cash-on-cash: 32.20%
• DSCR: 2.43
• GRM: 4.1

CMA / ARV

• ARV (median comp): $102,556
• List price: $65,000
• Delta: -36.62%
• 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
3514 Mayfair St	0.29mi	4/1.0 (+1)	1,840 (-5%)	1mo	$63,150	$34	72
3204 Orchard St	0.36mi	4/1.5 (+1)	1,780 (-8%)	3mo	$50,000	$28	60
200 Marshall Dr	0.47mi	3/2.0	1,750 (-10%)	2mo	$242,000	$138	56
1410 Craig St	0.64mi	4/1.0 (+1)	2,006 (+3%)	5mo	$65,000	$32	56
2810 Jenny Lind St	0.65mi	3/1.0	1,852 (-5%)	9mo	$19,900	$11	54
2623 Grandview Ave	0.20mi	4/1.5 (+1)	1,660 (-14%)	6mo	$147,000	$89	54
405 Diehl Dr	0.65mi	3/1.5	1,725 (-11%)	7mo	$151,000	$88	44
3314 Versailles Ave	0.68mi	4/2.5 (+1)	1,976 (+2%)	15mo	$159,900	$81	42
1316 Craig St	0.67mi	3/1.5	1,653 (-15%)	7mo	$127,500	$77	36
3316 Stewart St	0.56mi	3/1.5	1,669 (-14%)	17mo	$143,000	$86	34
1208 Meadow St	0.73mi	4/2.0 (+1)	1,716 (-12%)	7mo	$110,000	$64	32
2714 Jenny Lind St	0.69mi	3/1.0	1,654 (-15%)	15mo	$46,400	$28	31

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: 27.3%
• Equity multiple: 2.13×
• Total profit: $20,657
• Equity at exit: $9,692

10-year hold

• IRR: 34.9%
• Equity multiple: 4.21×
• Total profit: $58,395
• Equity at exit: $5,620

Cash invested: $18,200 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 18 active · 24 under contract
• Months of supply: 6.0 mo (17%/mo absorbed)
• Median asking: $121,450 ($76/sqft)
• Median days on market: 73 d
• This list price: 11% of active listings are priced below it
• ARV vs active asking: -30.3% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 15132

• Home prices YoY: -32.9%
• Active inventory: 177
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,328 high
• Mortgage (P&I): −$341
• Tax from tax record: −$193 /mo · $2,318/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$279
• Net cashflow: $488

Break-even live

Break-even rent $710

Max offer price $65,000

Occupancy floor 58%

Sensitivity live

Price	-10% $525	-5% $507	+0% $488	+5% $470	+10% $452
Rent	-10% $383	-5% $436	+0% $488	+5% $541	+10% $593
Rate	-1.0pp $521	-0.5pp $505	base $488	+0.5pp $471	+1.0pp $454

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: $16,250
• Closing costs: $1,950
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2311 Grandview Ave McKeesport, PA	4.0	2.0	2550	$1,250	$0.49	112d	1	0.17mi
3710 Mayfair St McKeesport, PA	3.0	1.5	1314	$1,295	$0.99	67d	1	0.31mi
2408 McCarrell St McKeesport, PA	4.0	1.0	1430	$1,195	$0.84	119d	1	0.41mi
3211 Walnut St McKeesport, PA	4.0	1.0	1434	$1,500	$1.05	92d	1	0.67mi
1506 Freemont St McKeesport, PA	3.0	2.0	1250	$1,295	$1.04	119d	1	0.72mi
2807 Beaver St McKeesport, PA	4.0	2.0	1700	$1,200	$0.71	139d	1	0.72mi
2618 Poinsettia Dr White Oak, PA	4.0	1.0	1225	$1,599	$1.31	119d	1	0.78mi
2503 Stewart St McKeesport, PA	3.0	1.0	1236	$997	$0.81	9d	1	0.94mi
1217 Scott St McKeesport, PA	3.0	1.0	1500	$1,165	$0.78	139d	1	0.99mi
2810 Freeland St McKeesport, PA	3.0	1.0	1920	$1,299	$0.68	7d	1	1.00mi
2710 Henderson Rd White Oak, PA	3.0	1.5	1676	$1,675	$1.00	92d	1	1.05mi
1701 Lincoln Way White Oak, PA	3.0	1.0	1250	$1,495	$1.20	0d	1	1.10mi
1416 Ravine St McKeesport, PA	3.0	1.0	1400	$1,020	$0.73	4d	1	1.15mi
1703 Bailie Ave McKeesport, PA	3.0	2.0	1980	$1,195	$0.60	9d	1	1.27mi
2212 Cronemeyer St McKeesport, PA	3.0	1.0	1720	$1,375	$0.80	139d	1	1.36mi
1451 Jenny Lind St McKeesport, PA	3.0	1.5	1408	$997	$0.71	82d	1	1.41mi
1507 Carnegie Ave McKeesport, PA	3.0	1.5	1600	$1,699	$1.06	110d	1	1.43mi

Property features AI

Finance

• HOA & community: Public transportation nearby

Exterior

• Parking: On-street parking2 parking spaces (total)
• Utilities: Public water
• Home design: 2-story homeResale property
• Construction: Vinyl sidingAsphalt roof
• Exterior features: Public water26 x 101 lot dimensions

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Gas heatHeating present
• Interior features: Basement present

Listing history 50 events

1. 2026-09-23
   days on market $65,000 Active 135 DOM
2. 2026-09-22
   days on market $65,000 Active 134 DOM
3. 2026-09-21
   days on market $65,000 Active 133 DOM
4. 2026-09-20
   days on market $65,000 Active 132 DOM
5. 2026-09-19
   days on market $65,000 Active 131 DOM
6. 2026-09-18
   days on market $65,000 Active 130 DOM
7. 2026-09-17
   days on market $65,000 Active 129 DOM
8. 2026-09-16
   pricedays on market $65,000 Active 128 DOM
9. 2026-09-15
   days on market $67,500 Active 127 DOM
10. 2026-09-14
    days on market $67,500 Active 126 DOM
11. 2026-09-13
    days on market $67,500 Active 125 DOM
12. 2026-09-12
    days on market $67,500 Active 124 DOM
13. 2026-09-11
    days on market $67,500 Active 123 DOM
14. 2026-09-05
    days on market $67,500 Active 117 DOM
15. 2026-09-04
    days on market $67,500 Active 116 DOM
16. 2026-09-03
    days on market $67,500 Active 115 DOM
17. 2026-08-31
    days on market $67,500 Active 112 DOM
18. 2026-08-29
    days on market $67,500 Active 110 DOM
19. 2026-08-28
    days on market $67,500 Active 109 DOM
20. 2026-08-27
    days on market $67,500 Active 108 DOM
21. 2026-08-26
    days on market $67,500 Active 107 DOM
22. 2026-08-25
    days on market $67,500 Active 106 DOM
23. 2026-08-24
    days on market $67,500 Active 105 DOM
24. 2026-08-23
    days on market $67,500 Active 104 DOM
25. 2026-08-22
    days on market $67,500 Active 103 DOM
26. 2026-08-21
    days on market $67,500 Active 102 DOM
27. 2026-08-20
    days on market $67,500 Active 101 DOM
28. 2026-08-19
    days on market $67,500 Active 100 DOM
29. 2026-08-18
    price $67,500 Active 99 DOM
30. 2026-08-18
    days on market $70,000 Active 99 DOM
31. 2026-08-17
    days on market $70,000 Active 98 DOM
32. 2026-08-16
    days on market $70,000 Active 97 DOM
33. 2026-08-15
    days on market $70,000 Active 96 DOM
34. 2026-08-14
    days on market $70,000 Active 95 DOM
35. 2026-08-13
    days on market $70,000 Active 94 DOM
36. 2026-08-12
    days on market $70,000 Active 93 DOM
37. 2026-08-11
    days on market $70,000 Active 92 DOM
38. 2026-08-10
    days on market $70,000 Active 91 DOM
39. 2026-08-09
    days on market $70,000 Active 90 DOM
40. 2026-08-08
    days on market $70,000 Active 89 DOM
41. 2026-08-07
    days on market $70,000 Active 88 DOM
42. 2026-08-06
    days on market $70,000 Active 87 DOM
43. 2026-08-05
    days on market $70,000 Active 86 DOM
44. 2026-08-04
    days on market $70,000 Active 85 DOM
45. 2026-08-03
    days on market $70,000 Active 84 DOM
46. 2026-07-31
    days on market $70,000 Active 81 DOM
47. 2026-07-30
    days on market $70,000 Active 79 DOM
48. 2026-07-28
    days on market $70,000 Active 78 DOM
49. 2026-07-26
    days on market $70,000 Active 76 DOM
50. 2026-07-24
    days on market $70,000 Active 74 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: $2,318 · $193/mo
• Projected year-2 tax: $2,318 · $193/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 4/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,940
• − Mortgage interest: −$3,641
• − Property taxes: −$2,318
• − Insurance: −$325
• − Repairs & maintenance: −$1,275
• − Management: −$1,275
• − Depreciation: −$1,891
• Taxable income: $5,215
• Est. tax owed @ 24.0%: −$1,252
• After-tax cash flow: $4,608/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.

Condition & rehab AI · 9 photos

Good 80/100 Cosmetic rehab Est. rehab $9,710–$29,130 screening

This single-family home is in good condition with modern updates and a well-maintained exterior. It has a good potential for value increase with minor cosmetic improvements.

Components & finishes AI

Roof asphalt shingle · good Flooring laminate Appliances white

Deferred maintenance Est. $2,500–$10,000 screening

• Minor Roof (roof) — No visible signs of damage or wear
• Minor Windows (windows) — No visible signs of damage or wear
• Minor Electrical (electrical) — No visible signs of damage or wear
• Minor Plumbing (plumbing) — No visible signs of damage or wear
• Minor Exterior (exterior) — No visible signs of damage or wear

Value-add opportunities

• Both Painting the exterior and interior — Fresh paint can improve curb appeal and interior aesthetics ↑
• Both Landscaping the front yard — A well-maintained front yard can enhance curb appeal and property value ↑
• Resale Upgrading the kitchen appliances — Modern appliances can attract more buyers and increase the home's appeal ↑
• Rental Adding a small outdoor patio or deck — An outdoor space can increase rental value and attract tenants ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 20/100

Zoned Schools

Middle Founders Hall Middle Sch F PA #480/512 Nat'l #12,864/14,009 High Mckeesport Area Shs F PA #372/437 Nat'l #12,251/17,239

Schools (NCES district)

• District: Mckeesport Area SD
• NCES district ID: 4214940
• Math proficiency: 11% ▼ -9.00%
• Reading proficiency: 28% ▼ -10.00%
• Median HH income: $33,779
• Composite: 15.88/100
• National rank: #9257
• State rank: #499 of 539 in PA

C Composite livability gradescore 66/100

Livability — McKeesport

• Score: 66/100
• State rank: #1089
• US rank: #12321

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: McKeesport, PA
• County: Allegheny County · 1,250,282 people
• City population: 25,010
• Metro: Pittsburgh, PA
• Population (ZIP): 18,898
• Household income: $35,397
• Rent vs Own: 49.0% rent · 51.0% own
• Severe rent burden: 20% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 50% Black 35% Two or more races 10% Hispanic / Latino 4% Asian 1%
• Common ancestry: Romanian 5% Serbian 2% Scotch-Irish 2%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Spanish 3%

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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: ▼ -71.01%
• Current HPI: 145.195
• Rent YoY: —
• Metro: Pittsburgh, PA
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

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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

Property features AI

Finance

• HOA & community: Public transportation nearby

Exterior

• Parking: On-street parking2 parking spaces (total)
• Utilities: Public water
• Home design: 2-story homeResale property
• Construction: Vinyl sidingAsphalt roof
• Exterior features: Public water26 x 101 lot dimensions

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Gas heatHeating present
• Interior features: Basement present

Price history

+359.5% since first listed

16 events — show timeline

• 2026-05-29 Price Changed $85,000 West Penn MLS
• 2026-05-11 Listed $90,000 West Penn MLS
• 2026-04-23 Rental Removed $1,095 WPMLS
• 2026-04-07 Price Changed $1,095 WPMLS
• 2026-03-19 Listed for Rent $1,200 WPMLS
• 2026-03-19 Rental Removed $1,200 SHOWMOJO
• 2026-01-28 Listed for Rent $1,200 SHOWMOJO
• 2024-02-05 Sold (Public Records) $34,000 Public Records
• 2024-01-31 Sold (MLS) $34,000 West Penn MLS
• 2024-01-03 Pending — West Penn MLS
• 2023-12-12 Price Changed $39,000 West Penn MLS
• 2023-11-21 Price Changed $49,000 West Penn MLS
• 2023-10-15 Price Changed $59,000 West Penn MLS
• 2023-07-31 Listed $67,000 West Penn MLS
• 2005-11-09 Sold (Public Records) $70,000 Public Records
• 1994-09-26 Sold (Public Records) $18,500 Public Records

Property tax history

+6.2%/yr

Latest (2026): $2,318 · +0.0% YoY. Source: county tax records.