310 5th Ave · Rankin, PA 15104

$149,900

3 bd · 1.5 ba · 1,408 sqft · SingleFamily public records · 207 Days on market

Built 1915 2,421 sqft lot $106/sqft · 50% above area Est $100k · 50% over

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Why this score? — see what drove the D 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 +18.1/30.0
• DSCR +5.7/10.0
• 1% rule +4.5/10.0
• Appreciation +4.2/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Must See this Beauty!! Nestled in the heart of Rankin! Spacious, modern and chic, renovated home conveniently located near shopping and access to the city. Upgrades include kitchen w shaker cabinets, granite counters, tiled backsplash, and stainless appliances. Upgraded full baths with new tiled surrounds, vanities, lighting, and toilets. Fresh interior and exterior paint, new carpet and vinyl flooring, new lighting, electrical, plumbing, roof, landscaping, and much more! 1st Floor: Living Room, Dining, Kitchen, and Full Bath. 2nd Floor: Master Bedroom w En Suite Full Bath and 2 Additional Bedrooms. Basement: Laundry and plenty of storage. Covered front and back porches to enjoy your morning coffee. Peacefully quiet oasis in the rear w a level, double lot- ideal for gatherings/cookouts! Great sized "worry free" home perfect for entertaining, young children, or pets. Move right in and call this house your home!

Key facts

• Tiled backsplash
• Stainless appliances
• Upgraded full baths

Tags

• KITCHEN W SHAKER CABINETS
• GRANITE COUNTERS
• TILED BACKSPLASH
• STAINLESS APPLIANCES
• UPGRADED FULL BATHS
• NEW TILED SURROUNDS

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $131 ($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 $143k (4.9% below list).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 75/100 on livability (#431 in PA, #3,947 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, cost of living A+; Watch: schools F, amenities F, employment F.
• Woodland Hills SD (suburban): math 13% / reading 30% proficiency, ranked #486 of 539 in PA (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 37 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 43% of the median local income ($40k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-1.6%/yr); year-one equity from $1k of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 207 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; 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 $38k; list at $150k implies a 294% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 207 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 1915 — 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 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?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.95% ✗
• Cap rate: 7.34%
• Cash-on-cash: 3.74%
• DSCR: 1.17
• GRM: 8.8

CMA / ARV

• ARV (median comp): $100,084
• List price: $149,900
• Delta: 49.77%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15 Holland Ave	0.57mi	3/1.5	1,408 (0%)	1mo	$32,000	$23	73
2252 Milligan Ave	0.52mi	3/2.5	1,380 (-2%)	2mo	$193,000	$140	67
7342 Denniston	0.56mi	4/1.5 (+1)	1,497 (+6%)	0mo	$225,000	$150	58
2206 Milligan Ave	0.57mi	4/2.5 (+1)	1,355 (-4%)	2mo	$175,000	$129	57
2115 Delaware Ave	0.71mi	3/1.0	1,344 (-4%)	2mo	$148,000	$110	55
126 Mills Ave	0.58mi	3/1.0	1,512 (+7%)	5mo	$49,000	$32	54
813 3rd St	0.70mi	4/1.0 (+1)	1,472 (+4%)	1mo	$14,999	$10	52
7654 Highland Ave	0.41mi	4/1.0 (+1)	1,558 (+11%)	5mo	$87,500	$56	52
975 Illinois Ave	0.70mi	3/2.5	1,500 (+6%)	2mo	$250,000	$167	50
211 Division St	0.50mi	3/1.0	1,596 (+13%)	4mo	$13,500	$8	49
967 Illinois Ave	0.70mi	3/2.0	1,264 (-10%)	5mo	$214,000	$169	44
301 Hawkins Ave	0.70mi	2/1.5 (-1)	1,260 (-10%)	4mo	$26,000	$21	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.62% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -4.1%
• Equity multiple: 0.83×
• Total profit: $-7,117
• Equity at exit: $31,759

10-year hold

• IRR: 3.4%
• Equity multiple: 1.30×
• Total profit: $12,562
• Equity at exit: $29,710

Cash invested: $41,972 (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 15104

• Home prices YoY: -1.1%
• Active inventory: 37
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,425 high
• Mortgage (P&I): −$786
• Tax from tax record: −$147 /mo · $1,760/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $131

Break-even live

Break-even rent $1,260

Max offer price $149,900

Occupancy floor 86%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
212 Kenmawr Ave Braddock, PA	2.0	1.5	1417	$1,300	$0.92	43d	1	0.32mi
2673 Woodstock Ave Pittsburgh, PA	3.0	1.0	1000	$1,190	$1.19	23d	1	0.38mi
7645 Highland Ave Pittsburgh, PA	3.0	1.0	1161	$1,325	$1.14	7d	1	0.39mi
2219 Manor Ave Pittsburgh, PA	3.0	1.0	1638	$1,600	$0.98	23d	1	0.50mi
2255 Hawthorne Ave Unit 2255 Swissvale, PA	2.0	1.0	1020	$1,000	$0.98	12d	1	0.50mi
2323 Patterson Ave Pittsburgh, PA	3.0	1.0	1440	$1,800	$1.25	43d	1	0.58mi
2323 Patterson Ave Unit NA Pittsburgh, PA	3.0	1.0	1440	$1,500	$1.04	23d	1	0.58mi
144 Comrie Ave Braddock, PA	3.0	1.0	1000	$1,250	$1.25	23d	1	0.62mi
2210 Hampton St Pittsburgh, PA	3.0	1.5	1512	$1,650	$1.09	23d	1	0.73mi
1003 Smokey Wood Dr Swissvale, PA	1.0–2.0	1.0	874	$1,475	$1.69	4d	4	0.79mi
931 Hilltop St Homestead, PA	3.0	1.5	1312	$1,500	$1.14	14d	1	0.80mi
7009 Church St Pittsburgh, PA	3.0	2.0	1800	$1,550	$0.86	43d	1	0.89mi
214 Vine St Homestead, PA	2.0	1.0	1034	$1,150	$1.11	43d	1	0.90mi
537 6th St Braddock, PA	3.0	1.0	1360	$1,400	$1.03	43d	1	1.01mi
7225 Whipple St Unit 72255 Pittsburgh, PA	3.0	1.5	1440	$1,695	$1.18	3d	1	1.10mi
621 E 9th Ave Homestead, PA	2.0	2.0	1400	$1,425	$1.02	23d	1	1.17mi
442 Locust St Pittsburgh, PA	2.0	1.0	1600	$2,600	$1.62	3d	1	1.23mi
623 E 18th Ave Homestead, PA	2.0	1.0	1156	$1,600	$1.38	43d	1	1.28mi

Listing history 18 events

1. 2026-06-18
   days on market $149,900 Active 207 DOM
2. 2026-06-17
   days on market $149,900 Active 206 DOM
3. 2026-06-16
   days on market $149,900 Active 205 DOM
4. 2026-06-15
   days on market $149,900 Active 204 DOM
5. 2026-06-13
   days on market $149,900 Active 202 DOM
6. 2026-06-09
   days on market $149,900 Active 198 DOM
7. 2026-06-08
   days on market $149,900 Active 197 DOM
8. 2026-06-07
   days on market $149,900 Active 196 DOM
9. 2026-06-05
   days on market $149,900 Active 193 DOM
10. 2026-06-03
    days on market $149,900 Active 192 DOM
11. 2026-06-02
    days on market $149,900 Active 191 DOM
12. 2026-06-01
    days on market $149,900 Active 190 DOM
13. 2026-05-31
    days on market $149,900 Active 189 DOM
14. 2026-01-01
    price $149,900 933-char remark

    Show marketing remark (933 chars)

    Must See this Beauty!! Nestled in the heart of Rankin! Spacious, modern and chic, renovated home conveniently located near shopping and access to the city. Upgrades include kitchen w shaker cabinets, granite counters, tiled backsplash, and stainless appliances. Upgraded full baths with new tiled surrounds, vanities, lighting, and toilets. Fresh interior and exterior paint, new carpet and vinyl flooring, new lighting, electrical, plumbing, roof, landscaping, and much more! 1st Floor: Living Room, Dining, Kitchen, and Full Bath. 2nd Floor: Master Bedroom w En Suite Full Bath and 2 Additional Bedrooms. Basement: Laundry and plenty of storage. Covered front and back porches to enjoy your morning coffee. Peacefully quiet oasis in the rear w a level, double lot- ideal for gatherings/cookouts! Great sized "worry free" home perfect for entertaining, young children, or pets. Move right in and call this house your home!

15. 2025-11-23
    listed $159,900 Active 933-char remark

    Show marketing remark (933 chars)

    Must See this Beauty!! Nestled in the heart of Rankin! Spacious, modern and chic, renovated home conveniently located near shopping and access to the city. Upgrades include kitchen w shaker cabinets, granite counters, tiled backsplash, and stainless appliances. Upgraded full baths with new tiled surrounds, vanities, lighting, and toilets. Fresh interior and exterior paint, new carpet and vinyl flooring, new lighting, electrical, plumbing, roof, landscaping, and much more! 1st Floor: Living Room, Dining, Kitchen, and Full Bath. 2nd Floor: Master Bedroom w En Suite Full Bath and 2 Additional Bedrooms. Basement: Laundry and plenty of storage. Covered front and back porches to enjoy your morning coffee. Peacefully quiet oasis in the rear w a level, double lot- ideal for gatherings/cookouts! Great sized "worry free" home perfect for entertaining, young children, or pets. Move right in and call this house your home!

16. 2025-03-21
    soldstatus $38,000 Closed 397-char remark

    Show marketing remark (397 chars)

    Great opportunity for a family home or an addition to your rental portfolio. Spacious two story brick home with a covered front porch and fenced in yard. Inside you will find a generously sized living room, a separate dining room and a kitchen ready for transformation into a functional space. Second level offers three bedrooms and ensuite bath. Basement is open and provides options for storage.

17. 2025-02-14
    status Pending 397-char remark

    Show marketing remark (397 chars)

    Great opportunity for a family home or an addition to your rental portfolio. Spacious two story brick home with a covered front porch and fenced in yard. Inside you will find a generously sized living room, a separate dining room and a kitchen ready for transformation into a functional space. Second level offers three bedrooms and ensuite bath. Basement is open and provides options for storage.

18. 2025-02-04
    listed $45,000 Active 397-char remark

    Show marketing remark (397 chars)

    Great opportunity for a family home or an addition to your rental portfolio. Spacious two story brick home with a covered front porch and fenced in yard. Inside you will find a generously sized living room, a separate dining room and a kitchen ready for transformation into a functional space. Second level offers three bedrooms and ensuite bath. Basement is open and provides options for storage.

ⓘ 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: $1,760 · $147/mo
• Projected year-2 tax: $2,064 · $172/mo
• Expected delta: +$304/yr (+$25/mo · 17.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 69% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥98°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,105
• − Mortgage interest: −$8,397
• − Property taxes: −$1,760
• − Insurance: −$750
• − Repairs & maintenance: −$1,368
• − Management: −$1,368
• − Depreciation: −$4,361
• Taxable loss: −$899
• Est. tax savings @ 24.0%: +$216
• After-tax cash flow: $1,786/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: Woodland Hills SD
• NCES district ID: 4216500
• Math proficiency: 13% ▼ -13.00%
• Reading proficiency: 30% ▼ -10.00%
• Median HH income: $41,803
• Composite: 18.31/100
• National rank: #8954
• State rank: #486 of 539 in PA

Livability — Rankin

• Score: 75/100
• State rank: #431
• US rank: #3947

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rankin, PA
• County: Allegheny County · 1,022,028 people
• Metro: Pittsburgh, PA
• Population (ZIP): 8,034
• Household income: $40,104
• Rent vs Own: 56.3% rent · 43.7% own
• Severe rent burden: 515.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 59% White 31% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 4% Hispanic 1% Lithuanian 1%
• Foreign-born: 0%
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -1.62%
• Current HPI: 138.912
• 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

+233.1% since first listed

5 events — show timeline

• 2026-01-01 Price Changed $149,900 West Penn MLS
• 2025-11-23 Listed $159,900 West Penn MLS
• 2025-03-21 Sold (MLS) $38,000 West Penn MLS
• 2025-02-14 Pending — West Penn MLS
• 2025-02-04 Listed $45,000 West Penn MLS

Property tax history

+2.0%/yr

Latest (2026): $1,760 · +3.0% YoY. Source: county tax records.