CashFlowRE
Sign in Sign up
617 Grandview Ave
B+ Composite 75.57
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 +13.8/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +5.0/5.0
  • Livability +3.2/5.0
  • Condition / age +2.5/5.0
  • Schools +1.1/10.0
  • Appreciation +0.0/10.0

$80,000

617 Grandview Ave · Clairton, PA 15025
3 bd · 1.0 ba · 1,432 sqft · SingleFamily public records · 6 Days on market
Built 1938 5,401 sqft lot Est $93k · 14% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Looking for an easy-as-it gets quick flip or rental? Look no further. As you can see in the pictures, this home has been exceptionally well maintained. The roof may need swapping and a window needs repair, but other than that the renovations ups are all cosmetic in nature. You could open up the kitchen for a more open concept layout or simply leave it as is and cash flow from day one.

Key facts

  • Tons of storage
  • Large flat backyard
  • Covered back porch

Tags

COVERED BACK PORCHLARGE FLAT BACKYARDTONS OF STORAGE

Property features AI

Finance

  • Financial info: Annual taxes reported

Exterior

  • Utilities: Public water; Public sewer
  • Home design: 2-story residence; Resale property
  • Exterior features: Small lot (approximately 0.124 acres)

Interior

  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Gas heating
  • Interior features: Unfinished basement

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $80k.

Deal economics

  • At list price, monthly cash flow is $340 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $80k).

Location & tenants

  • Location reads 63/100 on livability (#1,308 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: crime C-, health & safety D+, schools F.
  • Clairton City SD (suburban): math 7% / reading 21% proficiency, ranked #520 of 539 in PA (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+10.5%/yr); 94 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
  • 6 sale attempts since 23y 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 $65k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: property tax is 2.7% of price; built in 1938 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $80,000

Questions for the listing agent

  1. Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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. 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
1.54%
Cap rate
11.39%
Cash-on-cash
18.20%
DSCR
1.81
GRM
5.4

CMA / ARV

ARV (on-the-fly)
$93,080
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
712 Lafayette Dr 0.15mi 2/1.0 (-1) 1,467 (+2%) 2mo $176,000 $120 82
534 Independence Dr 0.26mi 3/1.0 1,445 (+1%) 7mo $55,000 $38 81
636 Constitution 0.22mi 3/2.0 1,453 (+2%) 4mo $95,000 $65 80
1706 Polk Ave 0.47mi 3/1.0 1,278 (-11%) 6mo $36,000 $28 55
333 Wylie Ave 0.55mi 3/1.5 1,544 (+8%) 7mo $61,000 $40 54
306 Chicago Ave 0.69mi 2/1.0 (-1) 1,360 (-5%) 4mo $97,500 $72 51
901 Gary Ave 0.49mi 3/2.0 1,640 (+14%) 1mo $90,000 $55 48
819 Toman Ave 0.54mi 3/2.0 1,242 (-13%) 1mo $78,000 $63 48
429 Baker Ave 0.44mi 2/1.5 (-1) 1,250 (-13%) 6mo $120,000 $96 46
1117 Mckinley Dr 0.64mi 4/2.0 (+1) 1,552 (+8%) 5mo $192,000 $124 43
737 Saint Clair Ave 0.72mi 3/2.0 1,264 (-12%) 2mo $159,900 $127 41
101 Church St 0.62mi 4/1.0 (+1) 1,264 (-12%) 10mo $60,000 $47 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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
15.9%
Equity multiple
1.68×
Total profit
$15,247
Equity at exit
$11,928
10-year hold
IRR
28.2%
Equity multiple
4.17×
Total profit
$71,038
Equity at exit
$6,917

Cash invested: $22,400 (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.

ZIP-level market 15025

Home prices YoY
-34.4%
Rents YoY
10.5%
Active inventory
94
Price-to-rent
5.4×

Monthly cashflow live

Estimated rent
$1,232 high interval (Pro) →
Mortgage (P&I)
$420
Tax from tax record
$181 /mo · $2,167/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$259
Net cashflow
$340

Break-even live

Break-even rent $802
Max offer price $80,000
Occupancy floor 67%

Sensitivity live

Price -10% $385 -5% $362 +0% $340 +5% $317 +10% $294
Rent -10% $242 -5% $291 +0% $340 +5% $388 +10% $437
Rate -1.0pp $380 -0.5pp $360 base $340 +0.5pp $319 +1.0pp $298

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
$20,000
Closing costs
$2,400
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 15 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
618 Farnsworth Ave Clairton, PA 2.0 1.0 896 $1,050 $1.17 45d 1 0.01mi
601 Farnsworth Ave Clairton, PA 2.0 1.0 1004 $995 $0.99 5d 1 0.06mi
127 Constitution Cir Clairton, PA 2.0 1.0 1063 $1,275 $1.20 12d 1 0.26mi
127 Constitution Cir Clairton, PA 2.0 1.0 972 $1,275 $1.31 3d 1 0.26mi
866 Vankirk St Unit 1 Clairton, PA 2.0 1.5 1440 $1,200 $0.83 45d 1 0.29mi
874 Vankirk St Clairton, PA 3.0 1.5 1296 $1,150 $0.89 45d 1 0.29mi
753 East Dr Clairton, PA 3.0 1.0 1000 $1,100 $1.10 45d 1 0.30mi
350 Wylie Ave Unit 1 Clairton, PA 2.0 1.0 1152 $1,050 $0.91 45d 1 0.50mi
809 3rd St Unit 624 Clairton, PA 2.0 1.5 1240 $1,008 $0.81 45d 1 0.52mi
809 3rd St Unit 194 Clairton, PA 2.0 1.5 1244 $1,081 $0.87 45d 1 0.52mi
701-703 Waddell Ave Clairton, PA 4.0 1.0 1200 $1,850 $1.54 3d 1 0.74mi
513 S 2nd Ave Elizabeth, PA 3.0 1.5 1625 $1,195 $0.74 3d 1 0.94mi
2140 Lincoln Blvd Elizabeth, PA 2.0 1.0 968 $790 $0.82 45d 1 0.99mi
168 Center Ave Unit 1 left) Elizabeth, PA 2.0 1.0 950 $895 $0.94 25d 1 1.11mi
507 N 6th St Clairton, PA 2.0 1.5 1120 $1,250 $1.12 45d 1 1.49mi

Listing history 5 events

  1. 2026-06-21
    days on market $80,000 Active 6 DOM
  2. 2026-06-18
    days on market $80,000 Active 3 DOM
  3. 2026-06-17
    days on market $80,000 Active 2 DOM
  4. 2026-06-16
    remarks 655-char remark
  5. 2026-06-16
    listed $80,000 Active 1 DOM

ⓘ 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
$2,167 · $181/mo
Projected year-2 tax
$2,167 · $181/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 4/10 Moderate 7 d/yr ≥96°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 8 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$14,781
− Mortgage interest
−$4,481
− Property taxes
−$2,167
− Insurance
−$400
− Repairs & maintenance
−$1,182
− Management
−$1,182
− Depreciation
−$2,327
Taxable income
$3,041
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$730
After-tax cash flow
$3,346/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
Clairton City SD
NCES district ID
4206030
Math proficiency
7% ▼ -11.00%
Reading proficiency
21% ▼ -12.00%
Median HH income
$30,250
Composite
11.0/100
National rank
#9742
State rank
#520 of 539 in PA

Livability — Clairton

Score
63/100
State rank
#1308
US rank
#16085

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Clairton, PA
County
Allegheny County · 1,022,028 people
City population
16,939
Metro
Pittsburgh, PA
Population (ZIP)
16,939
Household income
$76,531
Rent vs Own
25.1% rent · 74.9% own
Severe rent burden
572.0

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 (74%)
Race & ethnicity
White 74% Black 18% Two or more races 4% Asian 2% Hispanic / Latino 2%
Common ancestry
Romanian 6% Lithuanian 2% Slovak 1%
Foreign-born
4% · China, Canada, India
Languages at home
96% English-only · Other Indo-European 1% Chinese 1% Spanish 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
▼ -96.35%
Current HPI
183.858
Rent YoY
▲ 10.47%
Metro
Pittsburgh, PA
State GDP YoY
▲ 1.68%
F500 in state
34

Industry mix (Fortune 500 HQ in PA)

Industry F500 HQs Revenue

Price history

+110.5% since first listed
18 events — show timeline
  • 2026-06-11 Listed $80,000 West Penn MLS
  • 2024-05-22 Contingent West Penn MLS
  • 2024-05-16 Relisted West Penn MLS
  • 2024-04-19 Contingent West Penn MLS
  • 2024-04-17 Listed $109,995 West Penn MLS
  • 2020-10-26 Sold (Public Records) $64,900 Public Records
  • 2020-10-19 Sold (MLS) $64,900 West Penn MLS
  • 2020-10-02 Pending West Penn MLS
  • 2020-08-28 Listed $64,900 West Penn MLS
  • 2016-10-17 Delisted West Penn MLS
  • 2016-09-10 Price Changed $49,900 West Penn MLS
  • 2016-08-24 Price Changed $54,900 West Penn MLS
  • 2016-07-27 Listed $59,900 West Penn MLS
  • 2003-07-08 Sold (Public Records) $55,000 Public Records
  • 2003-07-01 Sold (MLS) $55,000 West Penn MLS
  • 2003-05-05 Listed $58,500 West Penn MLS
  • 1995-04-07 Sold (Public Records) $45,000 Public Records
  • 1985-09-25 Sold (Public Records) $38,000 Public Records

Property tax history

+12.7%/yr

Latest (2026): $2,167 · +11.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…