132 Leneake St · Wilkins, PA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $511 – $949
Heat risk 4/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 7 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- IRR
- 28.7%
- Equity multiple
- 2.20×
- Total profit
- $26,140
- Equity at exit
- $11,630
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-09days on market $78,000 Active 116 DOM
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2026-06-08days on market $78,000 Active 115 DOM
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2026-06-07days on market $78,000 Active 114 DOM
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2026-06-05days on market $78,000 Active 111 DOM
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2026-06-03days on market $78,000 Active 110 DOM
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2026-06-02days on market $78,000 Active 109 DOM
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2026-06-01days on market $78,000 Active 108 DOM
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2026-05-31days on market $78,000 Active 107 DOM
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2026-04-13price $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!
-
2026-04-03price $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!
-
2026-03-23price $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!
-
2026-03-19price $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!
-
2026-03-15price $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!
-
2026-02-23price $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!
-
2026-02-10$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!
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2022-08-10soldstatus $100,000
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2022-08-02soldstatus $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.
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2022-06-01historical 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.
-
2022-05-17$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.
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2017-07-17soldstatus $25,000 Sold
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2017-03-22status Under Contract
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2017-01-25historical Contingent
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2017-01-18$34,900 Active
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2016-04-19historical Expired
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2015-11-07historical Contingent
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2015-04-20$49,900 Active
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2013-10-19$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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
- 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 |
|---|---|---|
| Healthcare | 2 | $309B |
|
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| Insurance | 2 | $27B |
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| Telecommunications / Media | 1 | $124B |
|
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| Industrial Distribution | 1 | $22B |
|
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| Financial Services | 1 | $20B |
|
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| Chemicals / Materials | 1 | $18B |
|
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Price history
+42.1% since first listed19 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%/yrLatest (2026): $2,667 · +4.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…