660 Valemont Dr · Penn Hills, PA 15147

$165,000

3 bd · 2.0 ba · 1,200 sqft · SingleFamily public records · 1 Days on market

Built 1955 10,445 sqft lot Est $199k · 17% 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 +21.1/30.0
• ARV discount +15.0/15.0
• DSCR +6.7/10.0
• 1% rule +5.6/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Well Maintained Cape Cod on Quiet Dead End Street. Move In Ready!!! Awesome Eat-In-Kitchen with Twin Sinks, Nice Counters, & Custom Built Cabinetry. Tile Flooring. Updated Bath. Well Insulated Plastered Walls. Custom-Built Woodwork Thoughout. Hardwood Floors Under Carpet. Comfy Front Porch & Rear Deck. Beautiful Slated Entry. Bright Newly Painted Full Basement with High Ceiling. Ample Parking Spaces in Back. Home Warranty Included!!!

Key facts

• 0.24 acre lot
• Garage
• Built 1955

Property features AI

Exterior

• Parking: Attached garage; Off-street parking
• Utilities: Public water; Public sewer
• Home design: 2-story; Resale property
• Construction: Brick construction; Asphalt roof

Interior

• Kitchen: Dishwasher; Microwave; Stove; Refrigerator; Some gas appliances
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Gas heating
• Interior features: Basement; Window screens
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $235 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Penn Hills SD (suburban): math 13% / reading 24% proficiency, ranked #496 of 539 in PA (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 64 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 weeks tenant-placement turnaround); 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 31% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 12y 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.
• Current owner paid $61k; list at $165k implies a 170% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $165,000

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.06% ✓
• Cap rate: 8.00%
• Cash-on-cash: 6.10%
• DSCR: 1.27
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $199,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
620 Sara Ln	0.12mi	3/2.0	1,232 (+3%)	2mo	$205,000	$166	88
863 Hamil Rd	0.23mi	3/2.0	1,224 (+2%)	8mo	$169,000	$138	80
168 Lois Dr	0.45mi	3/2.0	1,224 (+2%)	2mo	$249,900	$204	74
237 Northmont Dr	0.25mi	3/1.5	1,118 (-7%)	9mo	$183,000	$164	68
127 Greenview Dr	0.33mi	4/2.0 (+1)	1,224 (+2%)	11mo	$242,000	$198	67
138 Glenhurst Dr	0.32mi	3/2.0	1,318 (+10%)	5mo	$210,000	$159	65
125 Glenhurst Dr	0.32mi	3/2.0	1,346 (+12%)	1mo	$240,501	$179	64
624 Elm Dr	0.39mi	2/1.0 (-1)	1,296 (+8%)	1mo	$114,000	$88	59
107 Agate Dr	0.40mi	3/2.5	1,324 (+10%)	6mo	$220,000	$166	57
559 Hamil Rd	0.54mi	3/1.0	1,056 (-12%)	2mo	$174,900	$166	49
819 8th St	0.71mi	3/1.0	1,125 (-6%)	5mo	$169,000	$150	49
669 Idaho Ave	0.55mi	3/2.0	1,346 (+12%)	11mo	$200,000	$149	45

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: -6.9%
• Equity multiple: 0.75×
• Total profit: $-11,738
• Equity at exit: $24,602

10-year hold

• IRR: 2.8%
• Equity multiple: 1.20×
• Total profit: $9,176
• Equity at exit: $14,266

Cash invested: $46,200 (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 →

ZIP-level market 15147

• Home prices YoY: -26.0%
• Active inventory: 64
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,748 high
• Mortgage (P&I): −$865
• Tax from tax record: −$212 /mo · $2,541/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$367
• Net cashflow: $235

Break-even live

Break-even rent $1,450

Max offer price $165,000

Occupancy floor 82%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
624 Elm Dr Verona, PA	3.0	1.0	1296	$1,600	$1.23	2d	1	0.42mi
724 7th St Verona, PA	2.0	2.0	1157	$1,899	$1.64	7d	1	0.74mi
1666 Relative Dr Verona, PA	2.0–3.0	1.0–1.5	1255	$1,499	$1.19	1d	3	1.01mi
149 Parkwood Dr Verona, PA	3.0	1.0	1085	$1,500	$1.38	43d	1	1.01mi
6184 Poketa Rd Verona, PA	3.0	2.0	1325	$1,750	$1.32	3d	1	1.28mi
635 Valley St Oakmont, PA	3.0	2.0	1320	$2,100	$1.59	1d	1	1.30mi
635 Valley St Oakmont, PA	3.0	2.0	1320	$2,100	$1.59	7d	1	1.30mi
635 Valley St Unit NA Oakmont, PA	3.0	2.0	1320	$2,000	$1.52	10d	1	1.30mi
635 Valley St Oakmont, PA	3.0	2.0	1320	$2,100	$1.59	14d	1	1.30mi
6388 Saltsburg Rd Pittsburgh, PA	2.0	1.5	875	$1,300	$1.49	3d	1	1.35mi
6703 W Barivista Dr Verona, PA	3.0	2.0	1100	$1,399	$1.27	4d	1	1.43mi
225 Alcoma Blvd Penn Hills, PA	1.0–2.0	1.0–2.5	834	$1,075	$1.29	43d	1	1.44mi
1911 Nash Ave Pittsburgh, PA	3.0	1.5	910	$1,595	$1.75	43d	1	1.49mi

Listing history 2 events

1. 2026-06-19
   remarks 450-char remark
2. 2026-06-19
   listed $165,000 Active 1 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: $2,541 · $212/mo
• Projected year-2 tax: $2,574 · $214/mo
• Expected delta: +$33/yr (+$3/mo · 1.3%)

ⓘ 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 1/10 Low
• 🌡 Heat 3/10 Moderate 6 d/yr ≥96°F today · 13 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: $20,974
• − Mortgage interest: −$9,243
• − Property taxes: −$2,541
• − Insurance: −$825
• − Repairs & maintenance: −$1,678
• − Management: −$1,678
• − Depreciation: −$4,800
• Taxable income: $210
• Est. tax owed @ 24.0%: −$50
• After-tax cash flow: $2,770/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: Penn Hills SD
• NCES district ID: 4218590
• Math proficiency: 13% ▼ -6.00%
• Reading proficiency: 24% ▼ -14.00%
• Median HH income: $47,794
• Composite: 16.42/100
• National rank: #9192
• State rank: #496 of 539 in PA

Livability — Penn Hills

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Allegheny County · 1,022,028 people
• Metro: Pittsburgh, PA
• Population (ZIP): 15,798
• Household income: $66,757
• Rent vs Own: 29.8% rent · 70.2% own
• Severe rent burden: 511.0

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 (69%)
• Race & ethnicity: White 69% Black 21% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Romanian 6% Slovak 2% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1%

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: ▼ -87.47%
• Current HPI: 249.3773
• 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

+112.9% since first listed

7 events — show timeline

• 2026-06-19 Relisted — West Penn MLS
• 2026-06-16 Listed $165,000 West Penn MLS
• 2015-04-14 Sold (Public Records) $61,000 Public Records
• 2015-04-13 Price Changed $61,000 West Penn MLS
• 2015-04-09 Price Changed $77,500 West Penn MLS
• 2015-04-09 Sold (MLS) $61,000 West Penn MLS
• 2014-09-08 Listed $77,500 West Penn MLS

Property tax history

+2.0%/yr

Latest (2026): $2,541 · +0.0% YoY. Source: county tax records.