551 Farnsworth Ave · Clairton, PA 15025

$25,000

2 bd · 1.5 ba · 896 sqft · Condo public records · 6 Days on market

Built 1930

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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
• 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

Listing remarks MLS

Great Rental opportunity! detached garage and fenced in yard. Large kitchen with plenty of cabinetry. Half bath off the living room. Large basement for additional storage.

Key facts

• 2,613 sq ft lot
• Garage
• Built 1930

Property features AI

Finance

• HOA & community: Public transportation nearby

Exterior

• Parking: Detached garage; Two parking spaces
• Utilities: Public water; Public sewer
• Home design: Two-story property; Vinyl siding; Resale condition; Composition roof
• Construction: Vinyl siding construction; Composition roof
• Exterior features: Full walk-up basement; Lot dimensions approximately 24 x 108 x 25 x 110

Interior

• Kitchen: Refrigerator; Stove; Some gas appliances
• Bedrooms: Two upper-level bedrooms (10x11 and 12x15)
• Flooring: Vinyl; Carpet
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Gas forced-air heating; Central electric air conditioning
• Interior features: Multi-pane windows; Window treatments
• Laundry & utility: Lower-level laundry room (14x15)

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $25k.

Deal economics

• At list price, monthly cash flow is $676 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $25k).
• Cap rate 38.8% vs local median 12.3% in Clairton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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; 16 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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).
• This rent is only 18% of the median local income ($77k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $173 of loan paydown is wiped out by about $750 of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 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.

Risks & watch-outs

• Watch-outs: property tax is 3.5% of price; built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $25,000

Questions for the listing agent

1. Built in 1930 — 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 4.51% ✓
• Cap rate: 38.76%
• Cash-on-cash: 115.96%
• DSCR: 6.16
• GRM: 1.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 7.43×
• Total profit: $45,025
• Equity at exit: $3,728

10-year hold

• IRR: —
• Equity multiple: 18.42×
• Total profit: $121,945
• Equity at exit: $2,162

Cash invested: $7,000 (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 15025

• Home prices YoY: -34.4%
• Rents YoY: 10.5%
• Active inventory: 94
• Price-to-rent: 1.8×

Monthly cashflow live

• Estimated rent: $1,126 high
• Mortgage (P&I): −$131
• Tax from tax record: −$72 /mo · $863/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $676

Break-even live

Break-even rent $270

Max offer price $25,000

Occupancy floor 35%

Sensitivity live

Price	-10% $691	-5% $683	+0% $676	+5% $669	+10% $662
Rent	-10% $587	-5% $632	+0% $676	+5% $721	+10% $765
Rate	-1.0pp $689	-0.5pp $683	base $676	+0.5pp $670	+1.0pp $663

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: $6,250
• Closing costs: $750
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
601 Farnsworth Ave Clairton, PA	2.0	1.0	1004	$995	$0.99	5d	1	0.03mi
618 Farnsworth Ave Clairton, PA	2.0	1.0	896	$1,050	$1.17	44d	1	0.07mi
127 Constitution Cir Clairton, PA	2.0	1.0	1063	$1,275	$1.20	11d	1	0.21mi
127 Constitution Cir Clairton, PA	2.0	1.0	972	$1,275	$1.31	2d	1	0.21mi
753 East Dr Clairton, PA	3.0	1.0	1000	$1,100	$1.10	44d	1	0.23mi
927 Vankirk St Clairton, PA	2.0	1.0	840	$1,150	$1.37	13d	1	0.26mi
929 Vankirk St Unit 1 Clairton, PA	2.0	1.5	810	$1,050	$1.30	44d	1	0.26mi
505 Wylie Ave Clairton, PA	2.0	1.0	791	$1,500	$1.90	2d	1	0.40mi
422 Mitchell Ave Rear Rear Clairton, PA	1.0	1.0	900	$975	$1.08	18d	1	0.44mi
446 Waddell Ave Unit 446 1/2 Clairton, PA	1.0	1.0	900	$595	$0.66	44d	1	0.61mi
701-703 Waddell Ave Clairton, PA	1.0	1.0	700	$900	$1.29	24d	1	0.67mi
540 Reed St Unit 1 Clairton, PA	1.0	1.0	528	$799	$1.51	44d	1	0.71mi
1347 High Rd Clairton, PA	2.0	1.0	870	$1,250	$1.44	44d	1	0.79mi
2140 Lincoln Blvd Elizabeth, PA	2.0	1.0	968	$790	$0.82	44d	1	0.94mi
168 Center Ave Unit 1 left) Elizabeth, PA	2.0	1.0	950	$895	$0.94	24d	1	1.18mi
507 N 6th St Clairton, PA	2.0	1.5	1120	$1,250	$1.12	44d	1	1.43mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 10 events

1. 2026-05-12
   status Pending 1131-char remark
2. 2026-05-04
   listed $25,000 Active 1131-char remark
3. 2018-05-23
   soldstatus $25,000
4. 2018-05-16
   soldstatus $19,500 Sold 171-char remark

   Show marketing remark (171 chars)

   Great Rental opportunity! detached garage and fenced in yard. Large kitchen with plenty of cabinetry. Half bath off the living room. Large basement for additional storage.

5. 2018-04-25
   status Under Contract 171-char remark

   Show marketing remark (171 chars)

   Great Rental opportunity! detached garage and fenced in yard. Large kitchen with plenty of cabinetry. Half bath off the living room. Large basement for additional storage.

6. 2018-04-24
   price $19,500 171-char remark

   Show marketing remark (171 chars)

   Great Rental opportunity! detached garage and fenced in yard. Large kitchen with plenty of cabinetry. Half bath off the living room. Large basement for additional storage.

7. 2018-03-22
   listed $22,387 Active 171-char remark

   Show marketing remark (171 chars)

   Great Rental opportunity! detached garage and fenced in yard. Large kitchen with plenty of cabinetry. Half bath off the living room. Large basement for additional storage.

8. 2018-03-19
   historical Expired

   Show marketing remark (171 chars)

   Great Rental opportunity! detached garage and fenced in yard. Large kitchen with plenty of cabinetry. Half bath off the living room. Large basement for additional storage.

9. 2017-11-17
   listed $24,887 Active

   Show marketing remark (171 chars)

   Great Rental opportunity! detached garage and fenced in yard. Large kitchen with plenty of cabinetry. Half bath off the living room. Large basement for additional storage.

10. 2006-10-27
    soldstatus $14,300

ⓘ 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: $863 · $72/mo
• Projected year-2 tax: $863 · $72/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

Taxation est. · year 1

• Rental income: $13,517
• − Mortgage interest: −$1,400
• − Property taxes: −$863
• − Insurance: −$125
• − Repairs & maintenance: −$1,081
• − Management: −$1,081
• − Depreciation: −$727
• Taxable income: $8,238
• Est. tax owed @ 24.0%: −$1,977
• After-tax cash flow: $6,140/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
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+95.8% since first listed

11 events — show timeline

• 2026-06-03 Sold (MLS) $28,000 West Penn MLS
• 2026-05-12 Pending — West Penn MLS
• 2026-05-04 Listed $25,000 West Penn MLS
• 2018-05-23 Sold (Public Records) $25,000 Public Records
• 2018-05-16 Sold (MLS) $19,500 West Penn MLS
• 2018-04-25 Pending — West Penn MLS
• 2018-04-24 Price Changed $19,500 West Penn MLS
• 2018-03-22 Listed $22,387 West Penn MLS
• 2018-03-19 Delisted — West Penn MLS
• 2017-11-17 Listed $24,887 West Penn MLS
• 2006-10-27 Sold (Public Records) $14,300 Public Records

Property tax history

+12.6%/yr

Latest (2026): $863 · +11.0% YoY. Source: county tax records.