149 W Lincoln Hwy · Coatesville, PA 19320

$150,000

3 bd · 1.0 ba · 1,856 sqft · Townhouse public records · 34 Days on market

Built 1900 3,578 sqft lot Est $217k · 31% under

---

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 +27.0/30.0
• ARV discount +15.0/15.0
• DSCR +9.3/10.0
• 1% rule +8.9/10.0
• Rent growth +3.7/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Total rehab project. No working mechanicals. Needs major structural repairs. No floor in kitchen area. No bathroom fixtures. This is not for the timid or inexperienced! No one under 18 permitted on site. This is a hazardous situation. Enter at your own risk.

Key facts

• Built 1900
• Listed 33 days

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: Semi-detached home; Good condition; Fee simple ownership
• Construction: Stucco exterior; Concrete perimeter foundation
• Exterior features: Sidewalks

Interior

• Kitchen: Electric oven/range; Refrigerator
• Bedrooms: Three bedrooms on the upper level
• Flooring: Carpet; Laminate
• Bathrooms: One full bathroom
• Heating & cooling: 90% efficiency forced air heating (natural gas); Central air conditioning (electric); Natural gas hot water
• Interior features: Living room; Dining room; Kitchen; Attic; Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $421 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $146k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.7% vs local median 5.1% in Coatesville — 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 70/100 on livability (#791 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools F, crime F, amenities F.
• Coatesville Area SD (suburban): math 18% / reading 31% proficiency, ranked #457 of 539 in PA (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+4.8%/yr); 255 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,513 units permitted in Chester County in 2024 (354 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Chester County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 4.8% rent growth), your $42k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y ago; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $12k; list at $150k implies a 1150% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.0% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 24% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,500 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 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 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. 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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 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: 1.39% ✓
• Cap rate: 9.66%
• Cash-on-cash: 12.02%
• DSCR: 1.53
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $217,152
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
338 Charles St	0.23mi	4/2.0 (+1)	1,681 (-9%)	13mo	$196,500	$117	54
68 S 5th Ave	0.68mi	4/1.0 (+1)	1,636 (-12%)	6mo	$200,000	$122	38
139 S 4th Ave	0.66mi	4/2.0 (+1)	1,616 (-13%)	6mo	$198,500	$123	33
444 Oak St	0.74mi	3/1.0	1,588 (-14%)	10mo	$27,000	$17	33
26 Oak St	0.55mi	4/1.5 (+1)	1,585 (-15%)	15mo	$246,000	$155	31
20 S 5th Ave	0.68mi	4/2.0 (+1)	1,600 (-14%)	9mo	$152,000	$95	29
139 S 3rd Ave	0.56mi	4/3.0 (+1)	1,616 (-13%)	15mo	$172,500	$107	27

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 · 4.82% rent growth · sell at horizon

5-year hold

• IRR: 3.9%
• Equity multiple: 1.16×
• Total profit: $6,518
• Equity at exit: $22,365

10-year hold

• IRR: 15.3%
• Equity multiple: 2.36×
• Total profit: $57,305
• Equity at exit: $12,969

Cash invested: $42,000 (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 19320

• Rents YoY: 4.8%
• Active inventory: 255
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $2,082 high
• Mortgage (P&I): −$787
• Tax from tax record: −$375 /mo · $4,495/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$437
• Net cashflow: $421

Break-even live

Break-even rent $1,549

Max offer price $150,000

Occupancy floor 75%

Sensitivity live

Price	-10% $506	-5% $463	+0% $421	+5% $378	+10% $336
Rent	-10% $256	-5% $339	+0% $421	+5% $503	+10% $585
Rate	-1.0pp $496	-0.5pp $459	base $421	+0.5pp $382	+1.0pp $342

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
416 W Lincoln Hwy Coatesville, PA	3.0	1.0	1240	$2,100	$1.69	20d	1	0.28mi
398 Valley Rd Coatesville, PA	4.0	1.0	2000	$2,100	$1.05	7d	1	0.36mi
420 Valley Rd Coatesville, PA	4.0	1.0	2000	$2,100	$1.05	7d	1	0.39mi
100 Harlan Dr Coatesville, PA	2.0–4.0	1.0–2.0	1062	$1,294	$1.22	0d	1	0.67mi
603 E Chestnut St Coatesville, PA	4.0	1.0	1629	$2,000	$1.23	23d	1	0.90mi
633 Coates St Coatesville, PA	4.0	3.0	1331	$1,250	$0.94	26d	1	0.98mi
161 Stoyer Rd Coatesville, PA	2.0	2.5	1973	$2,350	$1.19	45d	1	1.24mi
80 Muirfield Ct Coatesville, PA	3.0	1.5	1596	$2,150	$1.35	45d	1	1.40mi
1136 Stirling St Coatesville, PA	3.0	1.5	1572	$2,195	$1.40	26d	1	1.45mi
1064 Wayne Ave Coatesville, PA	2.0–3.0	1.0–1.5	1180	$1,900	$1.61	0d	5	1.45mi

Listing history 28 events

1. 2026-06-21
   days on market $150,000 Active 34 DOM
2. 2026-06-18
   days on market $150,000 Active 31 DOM
3. 2026-06-17
   days on market $150,000 Active 30 DOM
4. 2026-06-16
   days on market $150,000 Active 29 DOM
5. 2026-06-15
   days on market $150,000 Active 28 DOM
6. 2026-06-13
   days on market $150,000 Active 26 DOM
7. 2026-06-13
   days on market $150,000 Active 25 DOM
8. 2026-06-09
   days on market $150,000 Active 22 DOM
9. 2026-06-08
   pricedays on market $150,000 Active 21 DOM
10. 2026-06-07
    days on market $165,000 Active 20 DOM
11. 2026-06-04
    days on market $165,000 Active 17 DOM
12. 2026-06-03
    days on market $165,000 Active 16 DOM
13. 2026-06-02
    days on market $165,000 Active 15 DOM
14. 2026-06-01
    days on market $165,000 Active 14 DOM
15. 2026-05-31
    days on market $165,000 Active 13 DOM
16. 2026-05-18
    listed $165,000 Active
17. 2017-02-10
    soldstatus $12,000 258-char remark

    Show marketing remark (258 chars)

    Total rehab project. No working mechanicals. Needs major structural repairs. No floor in kitchen area. No bathroom fixtures. This is not for the timid or inexperienced! No one under 18 permitted on site. This is a hazardous situation. Enter at your own risk.

18. 2017-02-10
    soldstatus $12,000 Sold 258-char remark

    Show marketing remark (258 chars)

    Total rehab project. No working mechanicals. Needs major structural repairs. No floor in kitchen area. No bathroom fixtures. This is not for the timid or inexperienced! No one under 18 permitted on site. This is a hazardous situation. Enter at your own risk.

19. 2017-01-23
    status Under Contract 258-char remark

    Show marketing remark (258 chars)

    Total rehab project. No working mechanicals. Needs major structural repairs. No floor in kitchen area. No bathroom fixtures. This is not for the timid or inexperienced! No one under 18 permitted on site. This is a hazardous situation. Enter at your own risk.

20. 2017-01-23
    listed $15,000 Active 258-char remark

    Show marketing remark (258 chars)

    Total rehab project. No working mechanicals. Needs major structural repairs. No floor in kitchen area. No bathroom fixtures. This is not for the timid or inexperienced! No one under 18 permitted on site. This is a hazardous situation. Enter at your own risk.

21. 2017-01-21
    listed $15,000 258-char remark

    Show marketing remark (258 chars)

    Total rehab project. No working mechanicals. Needs major structural repairs. No floor in kitchen area. No bathroom fixtures. This is not for the timid or inexperienced! No one under 18 permitted on site. This is a hazardous situation. Enter at your own risk.

22. 2016-11-29
    soldstatus $14,500 Sold
23. 2016-11-29
    soldstatus $14,500
24. 2016-11-03
    status Under Contract
25. 2016-10-22
    historical
26. 2016-10-11
    price $16,900
27. 2016-10-07
    listed $19,900 Active
28. 2016-10-07
    listed $16,900

ⓘ 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: $4,495 · $375/mo
• Projected year-2 tax: $4,495 · $375/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 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,978
• − Mortgage interest: −$8,402
• − Property taxes: −$4,495
• − Insurance: −$750
• − Repairs & maintenance: −$1,998
• − Management: −$1,998
• − Depreciation: −$4,364
• Taxable income: $2,971
• Est. tax owed @ 24.0%: −$713
• After-tax cash flow: $4,336/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: Coatesville Area SD
• NCES district ID: 4206240
• Math proficiency: 18% ▼ -9.00%
• Reading proficiency: 31% ▼ -9.00%
• Median HH income: $66,753
• Composite: 23.19/100
• National rank: #7944
• State rank: #457 of 539 in PA

Livability — Coatesville

• Score: 70/100
• State rank: #791
• US rank: #7996

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Coatesville, PA
• County: Chester County · 432,350 people
• City population: 55,941
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 55,941
• Household income: $90,601
• Rent vs Own: 26.2% rent · 73.8% own
• Severe rent burden: 1480.0

Population outlook (Chester County) Hauer SSP2

• Today (2025): 546,756 people
• By 2030: 559,441 · +2.3%
• By 2040: 576,377 · +5.4%
• By 2050: 580,602 · +6.2%
• By 2075: 581,575 · +6.4%
• By 2100: 540,922 · -1.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 62% Black 17% Hispanic / Latino 14% Two or more races 11%
• Hispanic origin (detail): Mexican 5% Puerto Rican 5%
• Common ancestry: Romanian 4% Lithuanian 2% Slovak 2%
• Foreign-born: 6% · Canada
• Languages at home: 87% English-only · Spanish 10% German/W. Germanic 1% Russian/Polish/Slavic 0%

Political lean MEDSL · Chester

• 2024 margin: D (+14.5) · D 56.7% · R 42.2% · Other 1.0%
• 2008→2024 swing: +5.2pp toward D · 2008: 9.2pp · 2024: 14.5pp
• All cycles: 2024: D+14.5 2020: D+17.0 2016: D+9.2 2012: R+0.4 2008: D+9.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -195.38%
• Current HPI: 274.045
• Rent YoY: ▲ 4.82%
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• 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

+876.3% since first listed

13 events — show timeline

• 2026-05-18 Listed $165,000 BRIGHT MLS
• 2017-02-10 Sold (MLS) $12,000 TREND
• 2017-02-10 Sold (MLS) $12,000 BRIGHT MLS
• 2017-01-23 Pending — TREND
• 2017-01-23 Listed $15,000 TREND
• 2017-01-21 Listed $15,000 BRIGHT MLS
• 2016-11-29 Sold (MLS) $14,500 BRIGHT MLS
• 2016-11-29 Sold (MLS) $14,500 TREND
• 2016-11-03 Pending — TREND
• 2016-10-22 Listing Removed — BRIGHT MLS
• 2016-10-11 Price Changed $16,900 TREND
• 2016-10-07 Listed $19,900 TREND
• 2016-10-07 Listed $16,900 BRIGHT MLS

Property tax history

+3.0%/yr

Latest (2026): $4,495 · +2.4% YoY. Source: county tax records.