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132 Leneake St
B- Composite 66.83
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
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.8/10.0
  • Appreciation +0.0/10.0

$78,000

132 Leneake St · Wilkins, PA 15145
4 bd · 1.0 ba · 1,800 sqft · SingleFamily public records · 116 Days on market
Built 1900 8,881 sqft lot

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

Listing remarks MLS

This is a great opportunity to add to any investor's portfolio this year, or for anyone wanting to do a house hack and live in one, while you renovate the other. There are 2 homes on one lot. The front home is a very large 4bd 1bth waiting for someone to put their personal touch on. There is plenty of space with a huge wrap-around porch. The second home is a 2bd 1bth home, which, with very minor touches, can be rented out or lived in. Please set up a showing today!

Key facts

  • Two homes on one lot
  • Wrap-around porch
  • 8,881 sq ft lot

Tags

WRAP-AROUND PORCHTWO HOMES ON ONE LOT

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 4-bed/1.0-bath single-family listed at $78k.

Deal economics

  • At list price, monthly cash flow is $607 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $78k).
  • Recommended offer: $71k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Woodland Hills SD (suburban): math 13% / reading 30% proficiency, ranked #486 of 539 in PA (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 28 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
  • This rent runs 39% of the median local income ($50k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $539 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 116 days — a 9% lower offer ($71k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 13y ago; this cycle's ask has dropped $32k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: property tax is 3.4% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $70,980 (9.0% below list)

Questions for the listing agent

  1. It's been on market 116 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1900 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
2.06%
Cap rate
15.64%
Cash-on-cash
33.37%
DSCR
2.48
GRM
4.0

CMA / ARV

ARV (median comp)
$366,574
List price
$78,000
Delta
-78.72%
Verdict
UNDERPRICED
Comps
10 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1430 James St 0.53mi 4/3.0 1,835 (+2%) 2mo $340,000 $185 62
100 Farnsworth Ave 0.26mi 3/2.0 (-1) 1,874 (+4%) 16mo $275,000 $147 59
175 Curry St 0.54mi 3/2.0 (-1) 1,809 (+0%) 13mo $239,000 $132 54
261 Penhurst Dr 0.33mi 4/3.0 1,920 (+7%) 17mo $278,000 $145 52
335 Frazier Dr 0.60mi 3/1.5 (-1) 1,846 (+3%) 15mo $210,000 $114 48
242 Churchill Rd 0.56mi 5/2.0 (+1) 1,792 (-0%) 21mo $220,000 $123 46
166 Curry Ave 0.49mi 4/2.5 2,024 (+12%) 9mo $296,300 $146 43
116 Coventry Ct 0.55mi 3/2.5 (-1) 1,906 (+6%) 15mo $355,000 $186 41
193 Penhurst Dr 0.48mi 5/2.5 (+1) 2,024 (+12%) 12mo $379,000 $187 36
346 Churchill Rd Ct 0.68mi 3/2.5 (-1) 2,020 (+12%) 14mo $352,000 $174 25
308 Frazier Dr 0.69mi 5/2.0 (+1) 1,600 (-11%) 21mo $209,900 $131 22

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
28.7%
Equity multiple
2.20×
Total profit
$26,140
Equity at exit
$11,630
10-year hold
IRR
36.1%
Equity multiple
4.34×
Total profit
$72,977
Equity at exit
$6,744

Cash invested: $21,840 (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 15145

Home prices YoY
-31.2%
Active inventory
28
Price-to-rent
4.0×

Monthly cashflow live

Estimated rent
$1,609 medium interval (Pro) →
Mortgage (P&I)
$409
Tax from tax record
$222 /mo · $2,667/yr
Insurance
$32
HOA
$0
Vacancy / Maint / Mgmt
$338
Net cashflow
$607

Break-even live

Break-even rent $840
Max offer price $78,000
Occupancy floor 57%

Sensitivity live

Price -10% $651 -5% $629 +0% $607 +5% $585 +10% $563
Rent -10% $480 -5% $544 +0% $607 +5% $671 +10% $734
Rate -1.0pp $647 -0.5pp $627 base $607 +0.5pp $587 +1.0pp $567

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
$19,500
Closing costs
$2,340
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
610 Brown Ave Turtle Creek, PA 3.0 1.0 1268 $1,499 $1.18 4d 1 0.95mi
906 Penn Ave Unit D Turtle Creek, PA 3.0 2.0 1277 $1,400 $1.10 44d 1 1.43mi

Listing history 27 events

  1. 2026-06-09
    days on market $78,000 Active 116 DOM
  2. 2026-06-08
    days on market $78,000 Active 115 DOM
  3. 2026-06-07
    days on market $78,000 Active 114 DOM
  4. 2026-06-05
    days on market $78,000 Active 111 DOM
  5. 2026-06-03
    days on market $78,000 Active 110 DOM
  6. 2026-06-02
    days on market $78,000 Active 109 DOM
  7. 2026-06-01
    days on market $78,000 Active 108 DOM
  8. 2026-05-31
    days on market $78,000 Active 107 DOM
  9. 2026-04-13
    price $78,000 469-char remark
    Show marketing remark (469 chars)

    This is a great opportunity to add to any investor's portfolio this year, or for anyone wanting to do a house hack and live in one, while you renovate the other. There are 2 homes on one lot. The front home is a very large 4bd 1bth waiting for someone to put their personal touch on. There is plenty of space with a huge wrap-around porch. The second home is a 2bd 1bth home, which, with very minor touches, can be rented out or lived in. Please set up a showing today!

  10. 2026-04-03
    price $79,000 469-char remark
    Show marketing remark (469 chars)

    This is a great opportunity to add to any investor's portfolio this year, or for anyone wanting to do a house hack and live in one, while you renovate the other. There are 2 homes on one lot. The front home is a very large 4bd 1bth waiting for someone to put their personal touch on. There is plenty of space with a huge wrap-around porch. The second home is a 2bd 1bth home, which, with very minor touches, can be rented out or lived in. Please set up a showing today!

  11. 2026-03-23
    price $80,000 469-char remark
    Show marketing remark (469 chars)

    This is a great opportunity to add to any investor's portfolio this year, or for anyone wanting to do a house hack and live in one, while you renovate the other. There are 2 homes on one lot. The front home is a very large 4bd 1bth waiting for someone to put their personal touch on. There is plenty of space with a huge wrap-around porch. The second home is a 2bd 1bth home, which, with very minor touches, can be rented out or lived in. Please set up a showing today!

  12. 2026-03-19
    price $89,000 469-char remark
    Show marketing remark (469 chars)

    This is a great opportunity to add to any investor's portfolio this year, or for anyone wanting to do a house hack and live in one, while you renovate the other. There are 2 homes on one lot. The front home is a very large 4bd 1bth waiting for someone to put their personal touch on. There is plenty of space with a huge wrap-around porch. The second home is a 2bd 1bth home, which, with very minor touches, can be rented out or lived in. Please set up a showing today!

  13. 2026-03-15
    price $94,500 469-char remark
    Show marketing remark (469 chars)

    This is a great opportunity to add to any investor's portfolio this year, or for anyone wanting to do a house hack and live in one, while you renovate the other. There are 2 homes on one lot. The front home is a very large 4bd 1bth waiting for someone to put their personal touch on. There is plenty of space with a huge wrap-around porch. The second home is a 2bd 1bth home, which, with very minor touches, can be rented out or lived in. Please set up a showing today!

  14. 2026-02-23
    price $95,000 469-char remark
    Show marketing remark (469 chars)

    This is a great opportunity to add to any investor's portfolio this year, or for anyone wanting to do a house hack and live in one, while you renovate the other. There are 2 homes on one lot. The front home is a very large 4bd 1bth waiting for someone to put their personal touch on. There is plenty of space with a huge wrap-around porch. The second home is a 2bd 1bth home, which, with very minor touches, can be rented out or lived in. Please set up a showing today!

  15. 2026-02-10
    listed $110,000 Active 469-char remark
    Show marketing remark (469 chars)

    This is a great opportunity to add to any investor's portfolio this year, or for anyone wanting to do a house hack and live in one, while you renovate the other. There are 2 homes on one lot. The front home is a very large 4bd 1bth waiting for someone to put their personal touch on. There is plenty of space with a huge wrap-around porch. The second home is a 2bd 1bth home, which, with very minor touches, can be rented out or lived in. Please set up a showing today!

  16. 2022-08-10
    soldstatus $100,000
  17. 2022-08-02
    soldstatus $98,333 Closed 192-char remark
    Show marketing remark (192 chars)

    Great two unit property consisting of two separate structures on one parcel. Building one is a 3 story building fronting Leneake and building two is a single story building fronting Rodi Road.

  18. 2022-06-01
    historical Contingent 192-char remark
    Show marketing remark (192 chars)

    Great two unit property consisting of two separate structures on one parcel. Building one is a 3 story building fronting Leneake and building two is a single story building fronting Rodi Road.

  19. 2022-05-17
    listed $72,500 Active 192-char remark
    Show marketing remark (192 chars)

    Great two unit property consisting of two separate structures on one parcel. Building one is a 3 story building fronting Leneake and building two is a single story building fronting Rodi Road.

  20. 2017-07-17
    soldstatus $25,000 Sold
  21. 2017-03-22
    status Under Contract
  22. 2017-01-25
    historical Contingent
  23. 2017-01-18
    listed $34,900 Active
  24. 2016-04-19
    historical Expired
  25. 2015-11-07
    historical Contingent
  26. 2015-04-20
    listed $49,900 Active
  27. 2013-10-19
    listed $54,900

ⓘ 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
$2,667 · $222/mo
Projected year-2 tax
$2,667 · $222/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 ≥97°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 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
$19,308
− Mortgage interest
−$4,369
− Property taxes
−$2,667
− Insurance
−$390
− Repairs & maintenance
−$1,545
− Management
−$1,545
− Depreciation
−$2,269
Taxable income
$6,523
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,566
After-tax cash flow
$5,722/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
Woodland Hills SD
NCES district ID
4216500
Math proficiency
13% ▼ -13.00%
Reading proficiency
30% ▼ -10.00%
Median HH income
$41,803
Composite
18.31/100
National rank
#8954
State rank
#486 of 539 in PA

Livability — Wilkins

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

County
Allegheny County · 1,022,028 people
Metro
Pittsburgh, PA
Population (ZIP)
6,695
Household income
$49,628
Rent vs Own
59.6% rent · 40.4% own
Severe rent burden
344.0

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
Majority White (64%)
Race & ethnicity
White 64% Black 22% Two or more races 11% Asian 2%
Common ancestry
Romanian 6% Slovene 1% Scotch-Irish 1%
Foreign-born
2% · Canada
Languages at home
96% English-only · Spanish 2% German/W. Germanic 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
▼ -73.67%
Current HPI
162.0452
Rent YoY
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

+42.1% since first listed
19 events — show timeline
  • 2026-04-13 Price Changed $78,000 West Penn MLS
  • 2026-04-03 Price Changed $79,000 West Penn MLS
  • 2026-03-23 Price Changed $80,000 West Penn MLS
  • 2026-03-19 Price Changed $89,000 West Penn MLS
  • 2026-03-15 Price Changed $94,500 West Penn MLS
  • 2026-02-23 Price Changed $95,000 West Penn MLS
  • 2026-02-10 Listed $110,000 West Penn MLS
  • 2022-08-10 Sold (Public Records) $100,000 Public Records
  • 2022-08-02 Sold (MLS) $98,333 West Penn MLS
  • 2022-06-01 Contingent West Penn MLS
  • 2022-05-17 Listed $72,500 West Penn MLS
  • 2017-07-17 Sold (MLS) $25,000 West Penn MLS
  • 2017-03-22 Pending West Penn MLS
  • 2017-01-25 Contingent West Penn MLS
  • 2017-01-18 Listed $34,900 West Penn MLS
  • 2016-04-19 Delisted West Penn MLS
  • 2015-11-07 Contingent West Penn MLS
  • 2015-04-20 Listed $49,900 West Penn MLS
  • 2013-10-19 Listed $54,900 West Penn MLS

Property tax history

+6.9%/yr

Latest (2026): $2,667 · +4.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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