300 8th St · Windber, PA 15963

$34,950

3 bd · 1.0 ba · 1,326 sqft · SingleFamily public records · 41 Days on market

Built 1910 5,227 sqft lot $26/sqft · 69% below area ↓ 13% since listing

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 5 bedroom/1 bathroom in the Windber Borough has loads of potential and would make a great summer project house. Located on a corner lot. Extras include an enclosed front porch and rear deck.

Key facts

• Rear deck
• Corner lot
• Enclosed front porch

Tags

• CORNER LOT
• ENCLOSED FRONT PORCH
• REAR DECK

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: 2-story frame house; Asphalt roof; Resale property
• Construction: Frame construction; Asphalt roof
• Exterior features: Public transportation access nearby

Interior

• Bedrooms: Upper-level bedroom (at least 1 listed)
• Flooring: Carpet
• Bathrooms: 1 full bathroom
• Heating & cooling: Hot water heating; Oil fuel
• Interior features: Carpet flooring; Full, walk-up basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $791 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $35k).
• Recommended offer: $34k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#606 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: employment D, crime F, amenities F.
• Windber Area SD (suburban): math 45% / reading 60% proficiency, ranked #166 of 539 in PA (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Windber El Sch (math 45% / reading 60%, grade C-, #578 of 1,518 statewide, top 38%, 620 students, 56% FRL); Windber Area Ms (math 32% / reading 63%, grade C-, #156 of 512 statewide, top 32%, 255 students, 60% FRL); Windber Area Hs (math 87% / reading 50%, grade B, #58 of 437 statewide, top 13%, 332 students, 32% FRL).
• Market conditions: 46 active listings in the ZIP; 78 units permitted in Somerset County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $242 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Somerset County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($34k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $5k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 4.1% of price; built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $33,901 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 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 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is F 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: 4.02% ✓
• Cap rate: 33.44%
• Cash-on-cash: 96.95%
• DSCR: 5.31
• GRM: 2.1

CMA / ARV

• ARV (median comp): $113,436
• List price: $34,950
• Delta: -69.19%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
301 8th St	0.02mi	3/2.0	1,356 (+2%)	2mo	$160,000	$118	90
306 12th St	0.27mi	3/2.0	1,400 (+6%)	6mo	$92,000	$66	69
711 Graham Ave	0.16mi	3/1.0	1,232 (-7%)	15mo	$20,000	$16	68
310 11th St	0.20mi	2/2.0 (-1)	1,233 (-7%)	3mo	$120,000	$97	67
218 Jefferson Ave	0.44mi	3/1.5	1,352 (+2%)	15mo	$90,000	$67	62
404 Hugh St	0.37mi	3/2.5	1,266 (-4%)	12mo	$205,000	$162	59
211 Railroad St	0.71mi	3/2.0	1,305 (-2%)	3mo	$95,000	$73	58
1210 Somerset Ave	0.34mi	3/2.0	1,500 (+13%)	2mo	$128,000	$85	57
707 12th St	0.43mi	3/2.0	1,274 (-4%)	19mo	$192,500	$151	54
808 12th St	0.53mi	3/2.5	1,412 (+6%)	12mo	$187,500	$133	48
1805 Somerset Ave	0.70mi	2/1.5 (-1)	1,246 (-6%)	12mo	$95,000	$76	40
507 Luther St	0.46mi	3/3.0	1,164 (-12%)	15mo	$125,000	$107	38

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: 98.0%
• Equity multiple: 5.57×
• Total profit: $44,758
• Equity at exit: $5,211

10-year hold

• IRR: —
• Equity multiple: 11.64×
• Total profit: $104,091
• Equity at exit: $3,022

Cash invested: $9,786 (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 15963

• Home prices YoY: -24.4%
• Active inventory: 46
• Price-to-rent: 2.1×

Monthly cashflow live

• Estimated rent: $1,404 medium
• Mortgage (P&I): −$183
• Tax from tax record: −$121 /mo · $1,448/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $791

Break-even live

Break-even rent $403

Max offer price $34,950

Occupancy floor 39%

Sensitivity live

Price	-10% $810	-5% $800	+0% $791	+5% $781	+10% $771
Rent	-10% $680	-5% $735	+0% $791	+5% $846	+10% $902
Rate	-1.0pp $808	-0.5pp $799	base $791	+0.5pp $782	+1.0pp $772

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: $8,738
• Closing costs: $1,048
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-21
   days on market $34,950 Active 41 DOM
2. 2026-06-21
   days on market $34,950 Active 40 DOM
3. 2026-06-18
   days on market $34,950 Active 38 DOM
4. 2026-06-17
   days on market $34,950 Active 37 DOM
5. 2026-06-16
   days on market $34,950 Active 36 DOM
6. 2026-06-15
   days on market $34,950 Active 35 DOM
7. 2026-06-13
   days on market $34,950 Active 33 DOM
8. 2026-06-12
   pricedays on market $34,950 Active 32 DOM

   Show marketing remark (195 chars)

   This 5 bedroom/1 bathroom in the Windber Borough has loads of potential and would make a great summer project house. Located on a corner lot. Extras include an enclosed front porch and rear deck.

9. 2026-06-09
   days on market $39,950 Active 29 DOM
10. 2026-06-08
    days on market $39,950 Active 28 DOM
11. 2026-06-08
    days on market $39,950 Active 27 DOM
12. 2026-06-07
    days on market $39,950 Active 26 DOM
13. 2026-06-04
    days on market $39,950 Active 23 DOM
14. 2026-06-02
    days on market $39,950 Active 22 DOM
15. 2026-06-01
    days on market $39,950 Active 21 DOM
16. 2026-05-31
    days on market $39,950 Active 20 DOM
17. 2026-05-11
    listed $39,950 Active 195-char remark

    Show marketing remark (195 chars)

    This 5 bedroom/1 bathroom in the Windber Borough has loads of potential and would make a great summer project house. Located on a corner lot. Extras include an enclosed front porch and rear deck.

18. 2026-05-11
    listed $39,950 Active 195-char remark

    Show marketing remark (195 chars)

    This 5 bedroom/1 bathroom in the Windber Borough has loads of potential and would make a great summer project house. Located on a corner lot. Extras include an enclosed front porch and rear deck.

ⓘ 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: $1,448 · $121/mo
• Projected year-2 tax: $1,448 · $121/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 8 d/yr ≥91°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,847
• − Mortgage interest: −$1,958
• − Property taxes: −$1,448
• − Insurance: −$175
• − Repairs & maintenance: −$1,348
• − Management: −$1,348
• − Depreciation: −$1,017
• Taxable income: $9,554
• Est. tax owed @ 24.0%: −$2,293
• After-tax cash flow: $7,194/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: Windber Area SD
• NCES district ID: 4226610
• Math proficiency: 45% ▼ -14.00%
• Reading proficiency: 60% ▼ -13.00%
• Median HH income: $36,802
• Composite: 43.54/100
• National rank: #2985
• State rank: #166 of 539 in PA

Livability — Windber

• Score: 72/100
• State rank: #606
• US rank: #5843

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Windber, PA
• Population (ZIP): 10,383

Population outlook (Somerset County) Hauer SSP2

• Today (2025): 71,318 people
• By 2030: 68,555 · -3.9%
• By 2040: 62,447 · -12.4%
• By 2050: 56,437 · -20.9%
• By 2075: 44,453 · -37.7%
• By 2100: 32,408 · -54.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Hispanic / Latino 3% Two or more races 2%
• Common ancestry: Romanian 17% Slovak 3% Iranian 3%
• Foreign-born: 0%
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Somerset

• 2024 margin: Solid R (+57.2) · D 21.0% · R 78.3%
• 2008→2024 swing: -32.2pp toward R · 2008: -25.0pp · 2024: -57.2pp
• All cycles: 2024: R+57.2 2020: R+56.3 2016: R+55.9 2012: R+42.9 2008: R+25.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.99%
• Current HPI: 142.2017
• 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

-12.5% since first listed

4 events — show timeline

• 2026-06-12 Price Changed $34,950 CSMLS
• 2026-06-12 Price Changed $34,950 West Penn MLS
• 2026-05-11 Listed $39,950 CSMLS
• 2026-05-11 Listed $39,950 West Penn MLS

Property tax history

+4.6%/yr

Latest (2026): $1,448 · +4.8% YoY. Source: county tax records.