530 Carothers Ave · Scott, PA 15106

$165,000

3 bd · 1.0 ba · 1,392 sqft · SingleFamily public records · 94 Days on market

Built 1900 2,556 sqft lot $119/sqft · 12% below area Est $187k · 12% 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 +20.1/30.0
• ARV discount +12.8/15.0
• DSCR +6.4/10.0
• 1% rule +4.8/10.0
• Schools +4.1/10.0
• Rent growth +3.9/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great opportunity for buyers in the Chartiers Valley School District. This home offers a convenient location with close proximity to shopping, dining, and public transportation. The main floor features generously sized rooms including the living room, dining room, and kitchen, with the laundry area located just off the kitchen for added convenience. Upstairs you’ll find three bedrooms and a full bath. At the rear of the property, the detached garage can be replaced with a newly installed parking pad, creating convenient off-street parking. A great chance to own a well-located home with flexible living space.

Key facts

• Convenient location
• Detached garage
• 2,556 sq ft lot

Tags

• CONVENIENT LOCATION
• CLOSE PROXIMITY TO SHOPPING
• CLOSE PROXIMITY TO DINING
• DETACHED GARAGE
• NEWLY INSTALLED PARKING PAD
• CONVENIENT OFF-STREET PARKING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $204 ($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 $162k (1.6% below list).
• Recommended offer: $150k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Chartiers Valley SD (suburban): math 37% / reading 57% proficiency, ranked #221 of 539 in PA (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+5.5%/yr); 67 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $118k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $150,150 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — 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. 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.
6. 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.
7. 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: 0.98% ✗
• Cap rate: 7.78%
• Cash-on-cash: 5.30%
• DSCR: 1.24
• GRM: 8.5

CMA / ARV

• ARV (median comp): $187,085
• List price: $165,000
• Delta: -11.80%
• 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
419 Glenn Ave	0.35mi	3/1.0	1,348 (-3%)	1mo	$245,000	$182	78
307 1st Ave	0.27mi	3/1.5	1,335 (-4%)	3mo	$182,500	$137	76
709 Logan St	0.46mi	3/2.0	1,440 (+3%)	2mo	$71,000	$49	67
843 Library Ave	0.22mi	3/2.0	1,257 (-10%)	3mo	$233,000	$185	67
319 Glenn Ave	0.24mi	4/2.0 (+1)	1,536 (+10%)	1mo	$225,000	$146	62
134 Boroview Ave	0.18mi	2/1.0 (-1)	1,206 (-13%)	4mo	$40,000	$33	61
810 Collier	0.71mi	3/2.0	1,368 (-2%)	1mo	$225,000	$164	60
630 Hope St	0.64mi	4/1.5 (+1)	1,428 (+3%)	1mo	$216,000	$151	58
59 Carol Dr	0.62mi	3/2.5	1,452 (+4%)	2mo	$319,000	$220	56
606 Hope St	0.58mi	3/2.0	1,295 (-7%)	2mo	$229,900	$178	55
625 Garfield Ave	0.72mi	3/2.0	1,344 (-3%)	2mo	$298,000	$222	55
732 Orchard St	0.52mi	4/2.5 (+1)	1,322 (-5%)	2mo	$275,000	$208	55

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 · 5.45% rent growth · sell at horizon

5-year hold

• IRR: -5.5%
• Equity multiple: 0.79×
• Total profit: $-9,647
• Equity at exit: $24,602

10-year hold

• IRR: 6.8%
• Equity multiple: 1.56×
• Total profit: $25,976
• 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 15106

• Home prices YoY: -31.9%
• Rents YoY: 5.5%
• Active inventory: 67
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,623 high
• Mortgage (P&I): −$865
• Tax from tax record: −$144 /mo · $1,730/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$341
• Net cashflow: $204

Break-even live

Break-even rent $1,365

Max offer price $165,000

Occupancy floor 82%

Sensitivity live

Price	-10% $298	-5% $251	+0% $204	+5% $157	+10% $111
Rent	-10% $76	-5% $140	+0% $204	+5% $268	+10% $332
Rate	-1.0pp $287	-0.5pp $246	base $204	+0.5pp $161	+1.0pp $118

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 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
525 Carothers Ave Ste 2 Carnegie, PA	3.0	1.0	1600	$1,000	$0.62	24d	1	0.01mi
230 Magazine St Unit 2 Carnegie, PA	2.0	1.0	1200	$1,295	$1.08	44d	1	0.14mi
851 Kennedy St Carnegie, PA	3.0	1.0	1100	$1,800	$1.64	24d	1	0.16mi
834 Washington Ave Carnegie, PA	1.0–2.0	1.0–2.0	1026	$1,638	$1.60	3d	11	0.29mi
312 Midland Ave Carnegie, PA	3.0	1.0	1332	$1,400	$1.05	44d	1	0.62mi
100 Branch St Carnegie, PA	3.0	1.0	1606	$1,590	$0.99	24d	1	0.76mi
303 Lexington Ct Carnegie, PA	2.0	1.0	1144	$1,200	$1.05	11d	1	0.81mi
1900 Tee Ct Presto, PA	1.0–3.0	1.0–2.0	981	$2,128	$2.17	2d	9	0.90mi
356 Sunrise Dr Carnegie, PA	3.0	2.5	1728	$2,500	$1.45	24d	1	0.97mi
135 Greenbriar Dr Pittsburgh, PA	3.0	1.0	950	$1,550	$1.63	4d	1	1.19mi

Listing history 22 events

1. 2026-06-18
   price $165,000 Active 94 DOM
2. 2026-06-18
   days on market $175,000 Active 94 DOM
3. 2026-06-17
   days on market $175,000 Active 93 DOM
4. 2026-06-16
   days on market $175,000 Active 92 DOM
5. 2026-06-15
   days on market $175,000 Active 91 DOM
6. 2026-06-13
   days on market $175,000 Active 89 DOM
7. 2026-06-09
   days on market $175,000 Active 85 DOM
8. 2026-06-08
   days on market $175,000 Active 84 DOM
9. 2026-06-07
   days on market $175,000 Active 83 DOM
10. 2026-06-05
    days on market $175,000 Active 80 DOM
11. 2026-06-03
    days on market $175,000 Active 79 DOM
12. 2026-06-02
    days on market $175,000 Active 78 DOM
13. 2026-06-01
    days on market $175,000 Active 77 DOM
14. 2026-05-31
    days on market $175,000 Active 76 DOM
15. 2026-03-16
    listed $175,000 Active 621-char remark

    Show marketing remark (621 chars)

    Great opportunity for buyers in the Chartiers Valley School District. This home offers a convenient location with close proximity to shopping, dining, and public transportation. The main floor features generously sized rooms including the living room, dining room, and kitchen, with the laundry area located just off the kitchen for added convenience. Upstairs you’ll find three bedrooms and a full bath. At the rear of the property, the detached garage can be replaced with a newly installed parking pad, creating convenient off-street parking. A great chance to own a well-located home with flexible living space.

16. 2025-12-31
    soldstatus $118,170
17. 2023-07-08
    listed $135,000 Active 592-char remark

    Show marketing remark (592 chars)

    Great starter home in the Chartiers Valley School District, conveniently located near shopping and public transportation. Partially finished lower level with additional storage. Main level has large sized rooms consisting of the living room, dining room and kitchen with the laundry offset from the kitchen. Third floor has the master bedroom with an adjoining room that is currently used as an office, and the third level also houses the second bedroom. Detached garage in rear of home being replaced with a beautiful rear parking pad for off-street parking! You wont want to miss this one!

18. 2021-03-17
    price $107,000
19. 2020-09-25
    price $117,000
20. 2020-07-18
    listed $119,900 Active
21. 1993-08-03
    soldstatus $45,000
22. 1991-04-30
    soldstatus $16,500

ⓘ 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: $1,730 · $144/mo
• Projected year-2 tax: $2,168 · $181/mo
• Expected delta: +$439/yr (+$37/mo · 25.4%)

ⓘ 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 ≥96°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,479
• − Mortgage interest: −$9,243
• − Property taxes: −$1,730
• − Insurance: −$825
• − Repairs & maintenance: −$1,558
• − Management: −$1,558
• − Depreciation: −$4,800
• Taxable loss: −$235
• Est. tax savings @ 24.0%: +$56
• After-tax cash flow: $2,507/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: Chartiers Valley SD
• NCES district ID: 4205700
• Math proficiency: 37% ▼ -16.00%
• Reading proficiency: 57% ▼ -17.00%
• Median HH income: $57,191
• Composite: 40.91/100
• National rank: #3614
• State rank: #221 of 539 in PA

Livability — Scott

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

Census & demographics

• Census place: Glendale, PA
• County: Allegheny County · 1,022,028 people
• Metro: Pittsburgh, PA
• Population (ZIP): 19,244
• Household income: $77,247
• Rent vs Own: 32.9% rent · 67.1% own
• Severe rent burden: 410.0

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 (82%)
• Race & ethnicity: White 82% Black 8% Two or more races 6% Asian 2% Hispanic / Latino 2%
• Common ancestry: Romanian 11% Lithuanian 2% Subsaharan African 2%
• Foreign-born: 5%
• Languages at home: 94% English-only · Other Indo-European 2% Arabic 1% Russian/Polish/Slavic 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: ▼ -119.52%
• Current HPI: 255.0295
• Rent YoY: ▲ 5.45%
• 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

+960.6% since first listed

8 events — show timeline

• 2026-03-16 Listed $175,000 West Penn MLS
• 2025-12-31 Sold (Public Records) $118,170 Public Records
• 2023-07-08 Listed $135,000 West Penn MLS
• 2021-03-17 Price Changed $107,000 West Penn MLS
• 2020-09-25 Price Changed $117,000 West Penn MLS
• 2020-07-18 Listed $119,900 West Penn MLS
• 1993-08-03 Sold (Public Records) $45,000 Public Records
• 1991-04-30 Sold (Public Records) $16,500 Public Records

Property tax history

+5.7%/yr

Latest (2026): $1,730 · +0.0% YoY. Source: county tax records.