439 Malleable St · Sharon, PA 16146

$34,999

2 bd · 1.0 ba · 803 sqft · SingleFamily · 68 Days on market

3,049 sqft lot $44/sqft · 24% below area Est $46k · 24% under ↓ 36% 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This two bedroom one bathroom home is centrally located near shopping centers, grocery stores, and about an hour north of Pittsburgh and about two hours from Cleveland, OH. With a little TLC, you can put your personal touch into this property, and make it your own. Property located in Sharon City School District.

Key facts

• Centrally located
• Near grocery stores
• 3,049 sq ft lot

Tags

• CENTRALLY LOCATED
• NEAR SHOPPING CENTERS
• NEAR GROCERY STORES
• SHARON CITY SCHOOL DISTRICT

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $387 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($824 rent vs $35k).
• Recommended offer: $33k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#1,100 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Sharon City SD (suburban): math 20% / reading 42% proficiency, ranked #446 of 539 in PA (top 83%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Musser El Sch (math 17% / reading 32%, grade F, #1,180 of 1,518 statewide, top 80%, 309 students, 100% FRL); Sharon Ms (math 7% / reading 42%, grade F, #420 of 512 statewide, top 82%, 308 students, 100% FRL); Sharon Hs (math 57% / reading 74%, grade B, #63 of 437 statewide, top 14%, 523 students, 95% FRL) — zoned schools average 98% FRL vs 67% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 75 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 62 units permitted in Mercer 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.
• Mercer County population projected at -22% 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 ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 68 days — a 6% lower offer ($33k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $18k (34%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $32,899 (6.0% below list)

Questions for the listing agent

1. It's been on market 68 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-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. 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?
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: 2.35% ✓
• Cap rate: 19.57%
• Cash-on-cash: 47.41%
• DSCR: 3.11
• GRM: 3.5

CMA / ARV

• ARV (median comp): $45,932
• List price: $34,999
• Delta: -23.80%
• Verdict: UNDERPRICED
• Comps: 7 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
326 Stambaugh Ave	0.53mi	3/2.0 (+1)	696 (-13%)	10mo	$45,000	$65	36

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: 44.8%
• Equity multiple: 2.94×
• Total profit: $19,012
• Equity at exit: $5,218

10-year hold

• IRR: 50.7%
• Equity multiple: 5.94×
• Total profit: $48,411
• Equity at exit: $3,026

Cash invested: $9,800 (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 16146

• Active inventory: 75
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $824 high
• Mortgage (P&I): −$184
• Tax from tax record: −$66 /mo · $787/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$173
• Net cashflow: $387

Break-even live

Break-even rent $334

Max offer price $34,999

Occupancy floor 48%

Sensitivity live

Price	-10% $407	-5% $397	+0% $387	+5% $377	+10% $367
Rent	-10% $322	-5% $355	+0% $387	+5% $420	+10% $452
Rate	-1.0pp $405	-0.5pp $396	base $387	+0.5pp $378	+1.0pp $369

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
343 Cedar Ave Unit Lower Sharon, PA	1.0	1.0	950	$750	$0.79	45d	1	0.42mi
343 Cedar Ave Unit Upper Sharon, PA	2.0	1.0	950	$895	$0.94	45d	1	0.42mi
335 Sterling Ave Unit B314 Sharon, PA	2.0	1.0	750	$850	$1.13	15d	1	0.60mi
335 Sterling Ave Sharon, PA	1.0–2.0	1.0	700	$850	$1.21	15d	3	0.60mi
335 Sterling Ave Unit B206 Sharon, PA	1.0	1.0	650	$750	$1.15	15d	1	0.60mi
502 Lucy St Unit 2 Masury, OH	1.0	1.0	900	$600	$0.67	15d	1	1.22mi

Listing history 24 events

1. 2026-06-21
   days on market $34,999 Active 68 DOM
2. 2026-06-19
   days on market $34,999 Active 66 DOM
3. 2026-06-18
   days on market $34,999 Active 65 DOM
4. 2026-06-17
   days on market $34,999 Active 64 DOM
5. 2026-06-16
   days on market $34,999 Active 63 DOM
6. 2026-06-15
   days on market $34,999 Active 62 DOM
7. 2026-06-14
   days on market $34,999 Active 60 DOM
8. 2026-06-13
   days on market $34,999 Active 59 DOM
9. 2026-06-10
   days on market $34,999 Active 57 DOM
10. 2026-06-09
    days on market $34,999 Active 56 DOM
11. 2026-06-08
    days on market $34,999 Active 55 DOM
12. 2026-06-07
    days on market $34,999 Active 54 DOM
13. 2026-06-05
    days on market $34,999 Active 51 DOM
14. 2026-06-02
    days on market $34,999 Active 49 DOM
15. 2026-06-01
    days on market $34,999 Active 48 DOM
16. 2026-05-31
    days on market $34,999 Active 47 DOM
17. 2026-05-30
    days on market $34,999 Active 46 DOM
18. 2026-05-12
    price $39,999 314-char remark

    Show marketing remark (314 chars)

    This two bedroom one bathroom home is centrally located near shopping centers, grocery stores, and about an hour north of Pittsburgh and about two hours from Cleveland, OH. With a little TLC, you can put your personal touch into this property, and make it your own. Property located in Sharon City School District.

19. 2026-05-06
    price $44,999 314-char remark

    Show marketing remark (314 chars)

    This two bedroom one bathroom home is centrally located near shopping centers, grocery stores, and about an hour north of Pittsburgh and about two hours from Cleveland, OH. With a little TLC, you can put your personal touch into this property, and make it your own. Property located in Sharon City School District.

20. 2026-04-23
    price $48,999 314-char remark

    Show marketing remark (314 chars)

    This two bedroom one bathroom home is centrally located near shopping centers, grocery stores, and about an hour north of Pittsburgh and about two hours from Cleveland, OH. With a little TLC, you can put your personal touch into this property, and make it your own. Property located in Sharon City School District.

21. 2026-04-13
    listed $52,999 Active 314-char remark

    Show marketing remark (314 chars)

    This two bedroom one bathroom home is centrally located near shopping centers, grocery stores, and about an hour north of Pittsburgh and about two hours from Cleveland, OH. With a little TLC, you can put your personal touch into this property, and make it your own. Property located in Sharon City School District.

22. 2026-02-10
    historical Expired 320-char remark

    Show marketing remark (320 chars)

    This home features two bedrooms and one bathroom. It is close to major highways, shopping centers, and the state of Ohio. The home is locate an hour north of Pittsburgh and two hours southeast of Cleveland. This home is tenant occupied and needs some TLC. Property features a fenced in backyard and a walk out basement.

23. 2025-12-11
    price $54,000 320-char remark

    Show marketing remark (320 chars)

    This home features two bedrooms and one bathroom. It is close to major highways, shopping centers, and the state of Ohio. The home is locate an hour north of Pittsburgh and two hours southeast of Cleveland. This home is tenant occupied and needs some TLC. Property features a fenced in backyard and a walk out basement.

24. 2025-11-25
    listed $62,599 Active 320-char remark

    Show marketing remark (320 chars)

    This home features two bedrooms and one bathroom. It is close to major highways, shopping centers, and the state of Ohio. The home is locate an hour north of Pittsburgh and two hours southeast of Cleveland. This home is tenant occupied and needs some TLC. Property features a fenced in backyard and a walk out basement.

ⓘ 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: $787 · $66/mo
• Projected year-2 tax: $787 · $66/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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,887
• − Mortgage interest: −$1,960
• − Property taxes: −$787
• − Insurance: −$175
• − Repairs & maintenance: −$791
• − Management: −$791
• − Depreciation: −$1,018
• Taxable income: $4,364
• Est. tax owed @ 24.0%: −$1,047
• After-tax cash flow: $3,598/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: Sharon City SD
• NCES district ID: 4221330
• Math proficiency: 20% ▼ -10.00%
• Reading proficiency: 42% ▼ -8.00%
• Median HH income: $31,081
• Composite: 25.14/100
• National rank: #7521
• State rank: #446 of 539 in PA

Livability — Sharon

• Score: 65/100
• State rank: #1100
• US rank: #12460

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sharon, PA
• County: Mercer County · 28,053 people
• City population: 12,936
• Metro: Youngstown-Warren-Boardman, OH-PA
• Population (ZIP): 12,936
• Household income: $45,670
• Rent vs Own: 47.0% rent · 53.0% own
• Severe rent burden: 685.0

Population outlook (Mercer County) Hauer SSP2

• Today (2025): 108,341 people
• By 2030: 104,269 · -3.8%
• By 2040: 94,624 · -12.7%
• By 2050: 84,891 · -21.6%
• By 2075: 65,094 · -39.9%
• By 2100: 47,657 · -56.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Black 16% Two or more races 7% Hispanic / Latino 3%
• Common ancestry: Romanian 3% Slovak 2% Iranian 1%
• Foreign-born: 4% · Canada
• Languages at home: 97% English-only · Russian/Polish/Slavic 1% Spanish 1% Arabic 1%

Political lean MEDSL · Mercer

• 2024 margin: Solid R (+30.2) · D 34.5% · R 64.7%
• 2008→2024 swing: -29.9pp toward R · 2008: -0.3pp · 2024: -30.2pp
• All cycles: 2024: R+30.2 2020: R+26.0 2016: R+25.0 2012: R+2.5 2008: R+0.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -109.55%
• Current HPI: 155.0912
• Rent YoY: —
• Metro: Youngstown-Warren-Boardman, OH-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

-36.1% since first listed

7 events — show timeline

• 2026-05-12 Price Changed $39,999 West Penn MLS
• 2026-05-06 Price Changed $44,999 West Penn MLS
• 2026-04-23 Price Changed $48,999 West Penn MLS
• 2026-04-13 Listed $52,999 West Penn MLS
• 2026-02-10 Delisted — West Penn MLS
• 2025-12-11 Price Changed $54,000 West Penn MLS
• 2025-11-25 Listed $62,599 West Penn MLS

Property tax history

+1.6%/yr

Latest (2025): $787 · +4.0% YoY. Source: county tax records.