608 E Crawford Ave · Connellsville, PA 15425

$145,000

4 bd · 1.5 ba · 5,304 sqft · SingleFamily public records · 259 Days on market

Built 1920 1.72 ac lot $27/sqft · 61% below area Est $199k · 27% 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 +19.1/30.0
• ARV discount +15.0/15.0
• DSCR +6.0/10.0
• 1% rule +4.6/10.0
• Livability +3.6/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Unique 4 bedroom 1.5 bath home on the top of the hill. Bring this property back to it's former glory. Use your imagination. Large home, large rooms, 3 fireplaces on the first floor. Look for the "Harry Potter " room on the 2nd floor! Situated on 1.7 acres. Huge detached 32x40 garage with 10' high doors. Plenty of room for a shop or whatever. Convienently located to Rt 119

Key facts

• 1.7 acres
• Detached garage
• 10 high door

Tags

• 1.7 ACRES
• DETACHED GARAGE
• 10 HIGH DOOR

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $154 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $139k (4.3% below list).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#602 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: schools D+, commute D+, crime D-.
• Connellsville Area SD (rural): math 23% / reading 39% proficiency, ranked #440 of 539 in PA (top 82%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 67 active listings in the ZIP; 201 units permitted in Fayette County in 2024 (10 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.
• Fayette County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 259 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $127,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 259 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 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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?
7. 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.
8. 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.
9. 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: 0.96% ✗
• Cap rate: 7.57%
• Cash-on-cash: 4.56%
• DSCR: 1.20
• GRM: 8.7

CMA / ARV

• ARV (median comp): $198,596
• List price: $145,000
• Delta: -26.99%
• Verdict: UNDERPRICED
• Comps: 13 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
130 E Fairview Ave	0.75mi	4/2.5	4,786 (-10%)	20mo	$240,000	$50	28

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: -9.2%
• Equity multiple: 0.66×
• Total profit: $-13,677
• Equity at exit: $21,620

10-year hold

• IRR: 0.2%
• Equity multiple: 1.02×
• Total profit: $689
• 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 15425

• Home prices YoY: -15.9%
• Active inventory: 67
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,387 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$120 /mo · $1,445/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$291
• Net cashflow: $154

Break-even live

Break-even rent $1,191

Max offer price $145,000

Occupancy floor 84%

Sensitivity live

Price	-10% $237	-5% $195	+0% $154	+5% $113	+10% $72
Rent	-10% $45	-5% $100	+0% $154	+5% $209	+10% $264
Rate	-1.0pp $227	-0.5pp $191	base $154	+0.5pp $117	+1.0pp $79

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: —

Listing history 22 events

1. 2026-06-21
   days on market $145,000 Active 259 DOM
2. 2026-06-18
   days on market $145,000 Active 257 DOM
3. 2026-06-17
   days on market $145,000 Active 256 DOM
4. 2026-06-16
   days on market $145,000 Active 255 DOM
5. 2026-06-15
   days on market $145,000 Active 254 DOM
6. 2026-06-13
   days on market $145,000 Active 252 DOM
7. 2026-06-12
   days on market $145,000 Active 251 DOM
8. 2026-06-09
   days on market $145,000 Active 248 DOM
9. 2026-06-08
   days on market $145,000 Active 247 DOM
10. 2026-06-08
    days on market $145,000 Active 246 DOM
11. 2026-06-07
    days on market $145,000 Active 245 DOM
12. 2026-06-04
    days on market $145,000 Active 242 DOM
13. 2026-06-02
    days on market $145,000 Active 241 DOM
14. 2026-06-01
    days on market $145,000 Active 240 DOM
15. 2026-05-31
    days on market $145,000 Active 239 DOM
16. 2026-04-03
    price $145,000 385-char remark

    Show marketing remark (385 chars)

    Unique 4 bedroom 1.5 bath home on the top of the hill. Bring this property back to it's former glory. Use your imagination. Large home, large rooms, 3 fireplaces on the first floor. Look for the "Harry Potter " room on the 2nd floor! Situated on 1.7 acres. Huge detached 32x40 garage with 10' high doors. Plenty of room for a shop or whatever. Convienently located to Rt 119

17. 2025-10-03
    listed $160,000 Active 385-char remark

    Show marketing remark (385 chars)

    Unique 4 bedroom 1.5 bath home on the top of the hill. Bring this property back to it's former glory. Use your imagination. Large home, large rooms, 3 fireplaces on the first floor. Look for the "Harry Potter " room on the 2nd floor! Situated on 1.7 acres. Huge detached 32x40 garage with 10' high doors. Plenty of room for a shop or whatever. Convienently located to Rt 119

18. 2024-08-30
    price $169,900 883-char remark

    Show marketing remark (883 chars)

    Historic home in Connellsville! 4 bedrooms, 1.5 bathroom, cape cod style home on 1.72 acres ready for your personal touch! This home sits off the road, back a long wrap around driveway. The front of the house is inviting with a large porch leading to the front entrance. On the main floor you'll find ample living space with 2 living/family rooms, eat in kitchen, dining room, 2 bedrooms, and laundry room. Upstairs there are 2+ additional bedrooms and plenty of storage with easily accessible attic space. Unfinished basement for additional storage. You'll love the massive 30x40 ft detached garage, perfect to store your toys or have a workshop. This garage can fit 4 cars comfortably and even has a pit to work on cars! This home is in need of some TLC but has potential to make a beautiful home for the the future owner! Easily accessible to major highways and shopping centers.

19. 2024-08-14
    listed $174,900 Active 883-char remark

    Show marketing remark (883 chars)

    Historic home in Connellsville! 4 bedrooms, 1.5 bathroom, cape cod style home on 1.72 acres ready for your personal touch! This home sits off the road, back a long wrap around driveway. The front of the house is inviting with a large porch leading to the front entrance. On the main floor you'll find ample living space with 2 living/family rooms, eat in kitchen, dining room, 2 bedrooms, and laundry room. Upstairs there are 2+ additional bedrooms and plenty of storage with easily accessible attic space. Unfinished basement for additional storage. You'll love the massive 30x40 ft detached garage, perfect to store your toys or have a workshop. This garage can fit 4 cars comfortably and even has a pit to work on cars! This home is in need of some TLC but has potential to make a beautiful home for the the future owner! Easily accessible to major highways and shopping centers.

20. 2022-05-11
    soldstatus $151,000
21. 2014-12-29
    soldstatus $140,000
22. 2007-04-20
    soldstatus $100,000

ⓘ 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: $1,445 · $120/mo
• Projected year-2 tax: $1,868 · $156/mo
• Expected delta: +$423/yr (+$35/mo · 29.3%)

ⓘ 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 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥95°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: $16,643
• − Mortgage interest: −$8,122
• − Property taxes: −$1,445
• − Insurance: −$725
• − Repairs & maintenance: −$1,331
• − Management: −$1,331
• − Depreciation: −$4,218
• Taxable loss: −$530
• Est. tax savings @ 24.0%: +$127
• After-tax cash flow: $1,980/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: Connellsville Area SD
• NCES district ID: 4206660
• Math proficiency: 23% ▼ -15.00%
• Reading proficiency: 39% ▼ -10.00%
• Median HH income: $39,315
• Composite: 25.95/100
• National rank: #7333
• State rank: #440 of 539 in PA

Livability — Connellsville

• Score: 72/100
• State rank: #602
• US rank: #5763

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 17,752

Population outlook (Fayette County) Hauer SSP2

• Today (2025): 127,561 people
• By 2030: 123,206 · -3.4%
• By 2040: 113,232 · -11.2%
• By 2050: 103,468 · -18.9%
• By 2075: 83,185 · -34.8%
• By 2100: 62,384 · -51.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 5% Black 1%
• Common ancestry: Romanian 7% Iranian 2% Slovak 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Fayette

• 2024 margin: Solid R (+37.9) · D 30.8% · R 68.7%
• 2008→2024 swing: -37.5pp toward R · 2008: -0.4pp · 2024: -37.9pp
• All cycles: 2024: R+37.9 2020: R+33.5 2016: R+31.0 2012: R+8.3 2008: R+0.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -36.63%
• Current HPI: 193.6086
• 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

+45.0% since first listed

7 events — show timeline

• 2026-04-03 Price Changed $145,000 West Penn MLS
• 2025-10-03 Listed $160,000 West Penn MLS
• 2024-08-30 Price Changed $169,900 West Penn MLS
• 2024-08-14 Listed $174,900 West Penn MLS
• 2022-05-11 Sold (Public Records) $151,000 Public Records
• 2014-12-29 Sold (Public Records) $140,000 Public Records
• 2007-04-20 Sold (Public Records) $100,000 Public Records

Property tax history

+3.3%/yr

Latest (2026): $1,445 · +0.0% YoY. Source: county tax records.