174 Pretoria Dr

Paint, PA 15935

$61,000A

2 bd · 1.0 ba · 917 sqft · Built 1900 · SingleFamily · Active · 72 DOM

Cashflow @ list (25.0% down · 7.5%)

• Estimated rent: $896/mo
• Mortgage (P&I): −$320
• Tax + insurance: −$102
• HOA: −$0
• Vac / Maint / Mgmt: −$188
• Net cashflow: $286/mo
• Annual: $3,434/yr
• Cap rate: 11.92%
• Cash-on-cash: 20.11%
• DSCR: 1.89
• 1% rule: 1.47%
• Cash to close: $17,080

Investor read

• This is a 2-bed/1.0-bath single-family listed at $61k. Condition is rated fair.
• At list price, monthly cash flow is $286 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($896 rent vs $61k).
• It's been on market 72 days — a 6% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• Recommended offer: $57k (6.0% below list) — sets the bar for market timing.
• In year one you build about $3k of equity ($422 loan paydown + $2k appreciation (3.7% local appreciation)).
• Location reads 64/100 on livability (#1,222 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime C-, amenities F, commute F.
• Conemaugh Township Area SD (rural): math 59% / reading 75% proficiency, ranked #45 of 539 in PA (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Conemaugh Twp Area El Sch (math 77% / reading 77%, grade A, #69 of 1,518 statewide, top 5%, 389 students, 49% FRL); Conemaugh Twp Area Ms/Shs (math 48% / reading 72%, grade C+, #78 of 437 statewide, top 18%, 493 students, 34% FRL).
• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Market conditions: 9 active listings in the ZIP; 78 units permitted in Somerset County in 2024 (0 in 5+ unit buildings).
• Somerset County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.7% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~3 years — after that, you're playing with house money.

Questions for listing agent

• It's been on market 72 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
• Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
• Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
• Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
• Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
• 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?
• 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.
• 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.

Repairs flagged (vision-AI assessment)

• Major: Kitchen countertops — Worn and need replacement
• Major: Appliances — Outdated and need replacement
• Major: Cabinetry — Dated and need replacement
• Major: Bath fixtures — Outdated and need replacement
• Major: Flooring — Worn and need replacement
• Major: Paint — Worn and need repainting