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1602 16th Ave
B- Composite 69.65
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
  • Livability +4.2/5.0
  • Rent growth +3.3/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0
  • Appreciation +0.0/10.0

$30,000

1602 16th Ave · Beaver Falls, PA 15010
2 bd · 1.0 ba · 668 sqft · SingleFamily public records · 37 Days on market
Built 1947 5,662 sqft lot $45/sqft · 68% below area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Investor Special in Beaver Falls. Small 2-bedroom, single-level ranch in need of full rehab. Priced to sell fast--ideal for a quick flip or rental. Simple layout, manageable project. Cash only. Sold as-is.

Key facts

  • 5,662 sq ft lot
  • Built 1947
  • Listed 37 days

Property features AI

Finance

  • Financial info: Assessed value $133,000; Annual taxes approximately $1,408

Exterior

  • Home design: Single-story
  • Construction: Lot size approximately 0.13 acres
  • Exterior features: Resale property

Interior

  • Bathrooms: 1 full bathroom
  • Interior features: Virtual tour available

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 2-bed/1.0-bath single-family listed at $30k.

Deal economics

  • At list price, monthly cash flow is $440 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($920 rent vs $30k).
  • Recommended offer: $29k (3.0% below list) — sets the bar for market timing.
  • Cap rate 23.9% vs local median 10.3% in Beaver Falls — 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 84/100 on livability (#93 in PA, #675 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities F, employment F.
  • Big Beaver Falls Area SD (suburban): math 16% / reading 37% proficiency, ranked #467 of 539 in PA (top 87%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+3.1%/yr); 143 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); 272 units permitted in Beaver County in 2024 (80 in 5+ unit buildings).
  • This rent is only 16% of the median local income ($71k/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 $207 of loan paydown is wiped out by about $900 of value loss. Plan a longer hold.
  • Beaver County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 3.1% rent growth), your $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 37 days — a 3% lower offer ($29k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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 4.7% of price; built in 1947 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $29,100 (3.0% below list)

Questions for the listing agent

  1. It's been on market 37 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 1947 — 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. 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
3.07%
Cap rate
23.88%
Cash-on-cash
62.83%
DSCR
3.80
GRM
2.7

CMA / ARV

ARV (median comp)
$92,365
List price
$30,000
Delta
-67.52%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1712 16th Ave 0.09mi 2/1.0 675 (+1%) 15mo $136,000 $201 81

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 · 3.07% rent growth · sell at horizon

5-year hold
IRR
62.0%
Equity multiple
3.77×
Total profit
$23,276
Equity at exit
$4,473
10-year hold
IRR
66.6%
Equity multiple
7.77×
Total profit
$56,858
Equity at exit
$2,594

Cash invested: $8,400 (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 15010

Home prices YoY
-22.6%
Rents YoY
3.1%
Active inventory
143
Price-to-rent
2.7×

Monthly cashflow live

Estimated rent
$920 high interval (Pro) →
Mortgage (P&I)
$157
Tax from tax record
$117 /mo · $1,408/yr
Insurance
$12
HOA
$0
Vacancy / Maint / Mgmt
$193
Net cashflow
$440

Break-even live

Break-even rent $363
Max offer price $30,000
Occupancy floor 47%

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
$7,500
Closing costs
$900
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 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1115 6th Ave Unit 302 Beaver Falls, PA 1.0 1.0 600 $699 $1.17 2d 1 0.63mi
114 Book Ave Unit 401 Beaver Falls, PA 2.0 2.0 750 $1,050 $1.40 2d 1 0.88mi
114 Book Ave Unit 102 Beaver Falls, PA 2.0 1.0 700 $920 $1.31 2d 1 0.88mi
149 Colonial Oaks Beaver Falls, PA 2.0–4.0 1.0–1.5 958 $1,200 $1.25 2d 1 0.98mi
516 3rd Ave New Brighton, PA 1.0 1.0 600 $800 $1.33 2d 1 1.48mi
201 Valley Ave Apt 2 New Brighton, PA 1.0 1.0 488 $895 $1.83 44d 1 1.48mi
201 Valley Ave Apt 1 New Brighton, PA 1.0 1.0 488 $799 $1.64 12d 1 1.48mi

Listing history 9 events

  1. 2026-06-02
    status $30,000 Pending 37 DOM
  2. 2026-06-01
    days on market $30,000 Active 37 DOM
  3. 2026-05-31
    days on market $30,000 Active 36 DOM
  4. 2026-05-11
    price $20,000 205-char remark
    Show marketing remark (205 chars)

    Investor Special in Beaver Falls. Small 2-bedroom, single-level ranch in need of full rehab. Priced to sell fast--ideal for a quick flip or rental. Simple layout, manageable project. Cash only. Sold as-is.

  5. 2026-04-23
    listed $30,000 Active 205-char remark
    Show marketing remark (205 chars)

    Investor Special in Beaver Falls. Small 2-bedroom, single-level ranch in need of full rehab. Priced to sell fast--ideal for a quick flip or rental. Simple layout, manageable project. Cash only. Sold as-is.

  6. 2026-04-23
    listed $30,000 Active 205-char remark
    Show marketing remark (205 chars)

    Investor Special in Beaver Falls. Small 2-bedroom, single-level ranch in need of full rehab. Priced to sell fast--ideal for a quick flip or rental. Simple layout, manageable project. Cash only. Sold as-is.

  7. 1980-08-22
    soldstatus $29,300
  8. 1971-03-01
    soldstatus $12,000
  9. 1969-07-01
    soldstatus $11,500

ⓘ 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
$1,408 · $117/mo
Projected year-2 tax
$1,408 · $117/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 ≥97°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$11,042
− Mortgage interest
−$1,680
− Property taxes
−$1,408
− Insurance
−$150
− Repairs & maintenance
−$883
− Management
−$883
− Depreciation
−$873
Taxable income
$5,164
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,239
After-tax cash flow
$4,038/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
Big Beaver Falls Area SD
NCES district ID
4203630
Math proficiency
16% ▼ -11.00%
Reading proficiency
37% ▼ -15.00%
Median HH income
$35,686
Composite
21.85/100
National rank
#8241
State rank
#467 of 539 in PA

Livability — Beaver Falls

Score
84/100
State rank
#93
US rank
#675

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Beaver Falls, PA
County
Beaver County · 116,001 people
City population
28,542
Metro
Pittsburgh, PA
Population (ZIP)
28,542
Household income
$71,200
Rent vs Own
25.1% rent · 74.9% own
Severe rent burden
519.0

Population outlook (Beaver County) Hauer SSP2

Today (2025)
164,976 people
By 2030
161,449 · -2.1%
By 2040
151,752 · -8.0%
By 2050
141,155 · -14.4%
By 2075
118,142 · -28.4%
By 2100
91,740 · -44.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (85%)
Race & ethnicity
White 85% Black 9% Two or more races 4% Hispanic / Latino 1%
Common ancestry
Romanian 5% Slovak 2% Iranian 1%
Foreign-born
2% · Canada
Languages at home
98% English-only · Spanish 1%

Political lean MEDSL · Beaver

2024 margin
Strong R (+20.7) · D 39.2% · R 59.9%
2008→2024 swing
-17.9pp toward R · 2008: -2.8pp · 2024: -20.7pp
All cycles
2024: R+20.7 2020: R+17.7 2016: R+20.1 2012: R+6.6 2008: R+2.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -76.25%
Current HPI
261.2703
Rent YoY
▲ 3.07%
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

+73.9% since first listed
8 events — show timeline
  • 2026-06-02 Pending West Penn MLS
  • 2026-05-30 Pending AHARMLS
  • 2026-05-11 Price Changed $20,000 AHARMLS
  • 2026-04-23 Listed $30,000 AHARMLS
  • 2026-04-23 Listed $30,000 West Penn MLS
  • 1980-08-22 Sold (Public Records) $29,300 Public Records
  • 1971-03-01 Sold (Public Records) $12,000 Public Records
  • 1969-07-01 Sold (Public Records) $11,500 Public Records

Property tax history

-0.8%/yr

Latest (2026): $1,408 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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