1109 Jones Ave · North Braddock, PA 15104

$24,500

3 bd · 1.0 ba · 1,236 sqft · SingleFamily public records · 58 Days on market

Built 1908 4,199 sqft lot $20/sqft · 65% below area

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Appreciation +4.2/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

Investor Special – High Upside Opportunity This property is not for the faint of heart—it requires significant work, but the potential payoff makes it well worth the effort. Whether you’re looking for a fix-and-hold or a cash-out strategy, this is a strong value-add opportunity. Roll up your sleeves and take on the project yourself, or bring in a contractor—either way, there is sufficient margin to make this a worthwhile investment. A great opportunity for experienced investors looking to maximize returns.

Key facts

• 4,199 sq ft lot
• Built 1908
• Listed 58 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $24k.

Deal economics

• At list price, monthly cash flow is $802 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $24k).
• Recommended offer: $24k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#550 in PA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing 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; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 37% 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 $169 of loan paydown is wiped out by about $397 of value loss. Plan a longer hold.
• At projected returns (-1.6% appreciation + 3.0% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($24k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y 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 $14k; list at $24k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1908 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $23,765 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1908 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 5.05% ✓
• Cap rate: 45.57%
• Cash-on-cash: 140.29%
• DSCR: 7.24
• GRM: 1.6

CMA / ARV

• ARV (median comp): $70,126
• List price: $24,500
• Delta: -65.06%
• 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
513 Garden Ct	0.53mi	3/1.5	1,248 (+1%)	2mo	$130,000	$104	70
105 General Braddock Dr	0.41mi	3/1.5	1,232 (-0%)	13mo	$125,000	$101	67
568 Stokes Ave	0.26mi	2/1.0 (-1)	1,178 (-5%)	11mo	$70,000	$59	66
712 Ajax Way	0.60mi	4/1.0 (+1)	1,244 (+1%)	2mo	$50,000	$40	65
301 Hawkins Ave	0.63mi	2/1.5 (-1)	1,260 (+2%)	4mo	$26,000	$21	57
31 Demmer Ave	0.69mi	2/1.5 (-1)	1,260 (+2%)	7mo	$170,000	$135	52
203 Comrie Ave	0.70mi	3/1.0	1,296 (+5%)	9mo	$35,000	$27	52
1584 Brinton Rd	0.32mi	3/2.0	1,092 (-12%)	13mo	$225,000	$206	51
33 Kenmore Ave	0.69mi	3/1.0	1,400 (+13%)	0mo	$200,000	$143	46
212 Parklane Dr	0.49mi	3/1.0	1,080 (-13%)	14mo	$144,450	$134	45
1326 Wolfe Ave	0.65mi	2/1.0 (-1)	1,108 (-10%)	7mo	$55,850	$50	41
122 Marwood Ave	0.66mi	4/1.0 (+1)	1,344 (+9%)	12mo	$140,000	$104	40

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: —
• Equity multiple: 8.08×
• Total profit: $48,577
• Equity at exit: $5,191

10-year hold

• IRR: —
• Equity multiple: 16.96×
• Total profit: $109,478
• Equity at exit: $4,856

Cash invested: $6,860 (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: 1.6×

Monthly cashflow live

• Estimated rent: $1,238 high
• Mortgage (P&I): −$128
• Tax from tax record: −$37 /mo · $444/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$260
• Net cashflow: $802

Break-even live

Break-even rent $222

Max offer price $24,500

Occupancy floor 30%

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: $6,125
• Closing costs: $735
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
817 Kirkpatrick Ave Unit 8171-A Braddock, PA	2.0	1.0	866	$800	$0.92	43d	1	0.38mi
537 6th St Braddock, PA	3.0	1.0	1360	$1,400	$1.03	43d	1	0.51mi
227 Parklane Dr Unit Parklane Dr unit North Braddock, PA	3.0	1.0	1107	$1,500	$1.36	12d	1	0.56mi
1310 Brinton Ave Unit 1 Braddock, PA	2.0	1.0	800	$1,000	$1.25	43d	1	0.70mi
144 Comrie Ave Braddock, PA	3.0	1.0	1000	$1,250	$1.25	23d	1	0.74mi
219 North Ave Unit 1 East Pittsburgh, PA	2.0	1.0	850	$900	$1.06	2d	1	0.85mi
539 Atlantic Ave Unit 2 Pittsburgh, PA	3.0	1.0	1200	$995	$0.83	43d	1	0.91mi
2673 Woodstock Ave Pittsburgh, PA	3.0	1.0	1000	$1,190	$1.19	23d	1	1.01mi
101 Center St East Pittsburgh, PA	3.0	1.0	1500	$1,505	$1.00	10d	1	1.02mi
207 Montana Ave Pittsburgh, PA	2.0	1.0	840	$1,000	$1.19	23d	1	1.06mi
212 Kenmawr Ave Braddock, PA	2.0	1.5	1417	$1,300	$0.92	43d	1	1.07mi
407 Bessemer Ave Unit 407-3 East Pittsburgh, PA	2.0	1.0	1280	$775	$0.61	43d	1	1.17mi
481 Filmore Rd Pittsburgh, PA	3.0	1.5	1165	$1,700	$1.46	7d	1	1.29mi
505 Washington St Turtle Creek, PA	2.0	1.0	1064	$1,200	$1.13	43d	1	1.41mi
7645 Highland Ave Pittsburgh, PA	3.0	1.0	1161	$1,325	$1.14	7d	1	1.43mi
2323 Patterson Ave Unit NA Pittsburgh, PA	3.0	1.0	1440	$1,500	$1.04	23d	1	1.49mi
2323 Patterson Ave Pittsburgh, PA	3.0	1.0	1440	$1,800	$1.25	43d	1	1.49mi

Listing history 20 events

1. 2026-06-18
   days on market $24,500 Active 58 DOM
2. 2026-06-17
   days on market $24,500 Active 57 DOM
3. 2026-06-16
   days on market $24,500 Active 56 DOM
4. 2026-06-15
   days on market $24,500 Active 55 DOM
5. 2026-06-13
   days on market $24,500 Active 53 DOM
6. 2026-06-09
   days on market $24,500 Active 49 DOM
7. 2026-06-08
   days on market $24,500 Active 48 DOM
8. 2026-06-07
   days on market $24,500 Active 47 DOM
9. 2026-06-05
   days on market $24,500 Active 44 DOM
10. 2026-06-03
    days on market $24,500 Active 43 DOM
11. 2026-06-02
    days on market $24,500 Active 42 DOM
12. 2026-06-01
    days on market $24,500 Active 41 DOM
13. 2026-05-31
    days on market $24,500 Active 40 DOM
14. 2026-04-21
    listed $24,500 Active 536-char remark

    Show marketing remark (536 chars)

    Investor Special – High Upside Opportunity This property is not for the faint of heart—it requires significant work, but the potential payoff makes it well worth the effort. Whether you’re looking for a fix-and-hold or a cash-out strategy, this is a strong value-add opportunity. Roll up your sleeves and take on the project yourself, or bring in a contractor—either way, there is sufficient margin to make this a worthwhile investment. A great opportunity for experienced investors looking to maximize returns.

15. 2021-03-05
    soldstatus $14,000 Closed 159-char remark

    Show marketing remark (159 chars)

    Investment opportunity, turn this property over and collect the cash flow for years to come. Property is sold as-is. Cash sale only. No showing until 1/26/2021

16. 2021-01-29
    status Pending 159-char remark

    Show marketing remark (159 chars)

    Investment opportunity, turn this property over and collect the cash flow for years to come. Property is sold as-is. Cash sale only. No showing until 1/26/2021

17. 2021-01-22
    listed $19,900 Active 159-char remark

    Show marketing remark (159 chars)

    Investment opportunity, turn this property over and collect the cash flow for years to come. Property is sold as-is. Cash sale only. No showing until 1/26/2021

18. 2018-03-31
    historical Expired
19. 2017-07-07
    listed $18,900 Active
20. 1990-06-11
    soldstatus $14,000

ⓘ 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: $444 · $37/mo
• Projected year-2 tax: $444 · $37/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 7 d/yr ≥98°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,851
• − Mortgage interest: −$1,372
• − Property taxes: −$444
• − Insurance: −$122
• − Repairs & maintenance: −$1,188
• − Management: −$1,188
• − Depreciation: −$713
• Taxable income: $9,823
• Est. tax owed @ 24.0%: −$2,358
• After-tax cash flow: $7,266/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 — North Braddock

• Score: 73/100
• State rank: #550
• US rank: #5126

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Braddock, PA
• County: Allegheny County · 1,022,028 people
• City population: 7,946
• 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

+75.0% since first listed

7 events — show timeline

• 2026-04-21 Listed $24,500 West Penn MLS
• 2021-03-05 Sold (MLS) $14,000 West Penn MLS
• 2021-01-29 Pending — West Penn MLS
• 2021-01-22 Listed $19,900 West Penn MLS
• 2018-03-31 Delisted — West Penn MLS
• 2017-07-07 Listed $18,900 West Penn MLS
• 1990-06-11 Sold (Public Records) $14,000 Public Records

Property tax history

-9.5%/yr

Latest (2026): $444 · +2.9% YoY. Source: county tax records.