234 Spring Valley Rd · Darby, PA 19023

$150,000

3 bd · 1.0 ba · 1,120 sqft · Townhouse public records · 8 Days on market

Built 1950 1,307 sqft lot Est $194k · 23% under

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Why this score? — see what drove the C+ 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 +20.7/30.0
• ARV discount +15.0/15.0
• DSCR +6.6/10.0
• 1% rule +6.2/10.0
• Rent growth +5.0/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This property recently renovated, many improvements to see. New cabinets, new carpets, paint and roof. A new heater with central air waas just installed in July!

Key facts

• Garage
• Built 1950
• Listed 8 days

Property features AI

Exterior

• Parking: Attached rear-entry garage (1 car)
• Utilities: Public water; Public sewer
• Home design: Interior townhouse/rowhouse; Fee simple ownership
• Construction: Brick construction; Concrete perimeter foundation
• Exterior features: Lot measures approximately 16 x 78

Interior

• Kitchen: Built-in microwave; Gas oven/range; Refrigerator
• Bedrooms: Three bedrooms on upper level
• Flooring: Ceramic tile; Laminate plank; Carpet
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating; Natural gas heating; Central air conditioning; Electric cooling
• Interior features: Tub shower; Dining area; Living room; Dining room; Full bathroom
• Laundry & utility: Basement with outside entrance

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 $203 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 7.9% vs local median 6.3% in Darby — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 74/100 on livability (#485 in PA, #4,468 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities D+, employment D, schools F.
• William Penn SD (suburban): math 11% / reading 28% proficiency, ranked #491 of 539 in PA (top 91%) — 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: Rents rising fast (+13.1%/yr); 99 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 299 units permitted in Delaware County in 2024 (5 in 5+ unit buildings).
• This rent runs 43% of the median local income ($46k/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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $42k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 20y 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.
• Current owner paid $92k; list at $150k implies a 63% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% 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 $150,000

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.12% ✓
• Cap rate: 7.92%
• Cash-on-cash: 5.79%
• DSCR: 1.26
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $193,760
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1232 Edgehill Rd	0.04mi	3/1.0	1,120 (0%)	1mo	$214,000	$191	97
123 Spring Valley Rd	0.09mi	3/1.0	1,120 (0%)	1mo	$180,000	$161	95
1339 Park Ln	0.13mi	3/1.0	1,120 (0%)	2mo	$230,000	$205	93
33 Mermont Cir	0.23mi	3/1.0	1,120 (0%)	0mo	$200,000	$179	89
1300 Wycombe Ave	0.10mi	3/1.0	1,190 (+6%)	1mo	$129,000	$108	84
902 Maple Ter	0.27mi	3/1.0	1,234 (+10%)	0mo	$114,000	$92	70
217 N 7th St	0.43mi	3/2.0	1,188 (+6%)	1mo	$140,000	$118	65
4 S 6th St	0.58mi	3/1.5	1,210 (+8%)	2mo	$209,000	$173	56
422 Darby Ter	0.66mi	3/1.0	1,006 (-10%)	1mo	$185,000	$184	52
231 Hamilton Ave	0.62mi	3/1.0	1,260 (+12%)	2mo	$106,000	$84	49
224 N 2nd St	0.74mi	3/1.0	992 (-11%)	2mo	$190,000	$192	45
318 Fern St	0.66mi	2/1.0 (-1)	952 (-15%)	2mo	$105,000	$110	38

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -1.5%
• Equity multiple: 0.94×
• Total profit: $-2,458
• Equity at exit: $22,365

10-year hold

• IRR: 13.2%
• Equity multiple: 2.31×
• Total profit: $55,112
• 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 19023

• Rents YoY: 13.1%
• Active inventory: 99
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,676 high
• Mortgage (P&I): −$787
• Tax from tax record: −$272 /mo · $3,264/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$352
• Net cashflow: $203

Break-even live

Break-even rent $1,419

Max offer price $150,000

Occupancy floor 83%

Sensitivity live

Price	-10% $288	-5% $245	+0% $203	+5% $160	+10% $118
Rent	-10% $70	-5% $137	+0% $203	+5% $269	+10% $335
Rate	-1.0pp $278	-0.5pp $241	base $203	+0.5pp $164	+1.0pp $124

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 32 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
935 Maple Ter Darby, PA	3.0	1.0	1266	$1,585	$1.25	11d	1	0.24mi
935 Maple Ter Darby, PA	3.0	1.0	1266	$1,585	$1.25	6d	1	0.24mi
1300 Main St Unit Basement Darby, PA	2.0	1.0	800	$1,450	$1.81	11d	1	0.25mi
1300 Main St Unit Basement Darby, PA	2.0	1.0	1000	$1,450	$1.45	25d	1	0.25mi
924 Maple Ter Darby, PA	3.0	1.5	1190	$2,000	$1.68	6d	1	0.26mi
37 Concord Rd Darby, PA	3.0	1.0	1120	$1,795	$1.60	44d	1	0.26mi
909 Springfield Rd Unit D Darby, PA	4.0	1.0	900	$1,600	$1.78	44d	1	0.46mi
106 N 6th St Darby, PA	2.0	1.0	1200	$1,550	$1.29	44d	1	0.53mi
2 Winthrop Rd Darby, PA	3.0	1.5	1224	$1,900	$1.55	22d	1	0.54mi
504 S Lansdowne Ave Lansdowne, PA	2.0	1.0	815	$1,555	$1.91	2d	4	0.56mi
69 S 7th St Darby, PA	3.0	2.0	1446	$1,700	$1.18	44d	1	0.57mi
209 Hamilton Ave Darby, PA	4.0	1.0	1400	$1,595	$1.14	15d	1	0.60mi
810 Rundale Ave Lansdowne, PA	2.0	1.0	868	$1,500	$1.73	25d	1	0.71mi
700 Pine St Unit 2F Darby, PA	2.0	1.0	1100	$1,250	$1.14	18d	1	0.81mi
619 Baily Rd Lansdowne, PA	3.0	1.0	1288	$1,850	$1.44	19d	1	0.82mi
300 N Front St Darby, PA	2.0	1.0	850	$1,395	$1.64	44d	1	0.82mi
608 Yeadon Ave Unit 2nd Floor Yeadon, PA	2.0	1.0	1000	$1,400	$1.40	13d	1	0.84mi
608 Yeadon Ave Unit 1st Floor Yeadon, PA	2.0	1.0	1000	$1,400	$1.40	18d	1	0.84mi
826 Guenther Ave Lansdowne, PA	2.0	1.0–2.0	800	$1,699	$2.12	25d	1	0.91mi
35 Elberon Ave Unit 2 Lansdowne, PA	2.0	1.0	900	$1,695	$1.88	25d	1	0.95mi
601 Poplar St Sharon Hill, PA	1.0–2.0	1.0	787	$1,599	$2.03	15d	5	1.03mi
412 S 2nd St Darby, PA	3.0	1.0	1190	$1,100	$0.92	6d	1	1.05mi
417 S 2nd St Darby, PA	3.0	1.0	1190	$1,020	$0.86	6d	1	1.08mi
118 Felton Ave Darby, PA	3.0	1.0	1152	$1,750	$1.52	22d	1	1.10mi
112 Juliana Ter Darby, PA	3.0	1.0	1020	$2,450	$2.40	25d	1	1.14mi
112 Juliana Ter Darby, PA	3.0	1.0	1020	$2,350	$2.30	45d	1	1.14mi
101 W Baltimore Ave Unit H4 Lansdowne, PA	2.0	1.0	925	$1,449	$1.57	22d	1	1.18mi
101 W Baltimore Ave Unit B04 Lansdowne, PA	2.0	1.0	925	$1,469	$1.59	25d	1	1.18mi
124 Lexington Ave Unit 2 Lansdowne, PA	2.0	1.0	1000	$1,500	$1.50	3d	1	1.30mi
137 W Maryland Ave Unit 2nd Flr Aldan, PA	2.0	1.0	800	$1,400	$1.75	6d	1	1.32mi
7147 Radbourne Rd Upper Darby, PA	3.0	1.0	1096	$1,850	$1.69	13d	1	1.43mi
7116 Seaford Rd Upper Darby, PA	2.0	1.0	996	$1,600	$1.61	44d	1	1.48mi

Listing history 11 events

1. 2026-05-14
   status Pending
2. 2026-05-01
   historical Active Under Contract
3. 2026-04-26
   status Active
4. 2026-03-18
   status Pending
5. 2026-03-01
   historical Active Under Contract
6. 2026-02-27
   listed $150,000 Active
7. 2026-02-20
   historical $150,000
8. 2006-12-18
   soldstatus $92,000
9. 2006-10-26
   soldstatus $92,000 161-char remark

   Show marketing remark (161 chars)

   This property recently renovated, many improvements to see. New cabinets, new carpets, paint and roof. A new heater with central air waas just installed in July!

10. 2006-03-28
    listed $92,000 161-char remark

    Show marketing remark (161 chars)

    This property recently renovated, many improvements to see. New cabinets, new carpets, paint and roof. A new heater with central air waas just installed in July!

11. 2006-02-08
    soldstatus $43,000

ⓘ 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: $3,264 · $272/mo
• Projected year-2 tax: $3,264 · $272/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 6/10 Major 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,110
• − Mortgage interest: −$8,402
• − Property taxes: −$3,264
• − Insurance: −$750
• − Repairs & maintenance: −$1,609
• − Management: −$1,609
• − Depreciation: −$4,364
• Taxable income: $112
• Est. tax owed @ 24.0%: −$27
• After-tax cash flow: $2,406/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: William Penn SD
• NCES district ID: 4226390
• Math proficiency: 11% ▼ -3.00%
• Reading proficiency: 28% ▼ -7.00%
• Median HH income: $48,543
• Composite: 17.29/100
• National rank: #9086
• State rank: #491 of 539 in PA

Livability — Darby

• Score: 74/100
• State rank: #485
• US rank: #4468

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Darby, PA
• County: Delaware County · 399,863 people
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 22,247
• Household income: $46,463
• Rent vs Own: 47.4% rent · 52.6% own
• Severe rent burden: 1468.0

Population outlook (Delaware County) Hauer SSP2

• Today (2025): 577,490 people
• By 2030: 581,243 · +0.6%
• By 2040: 584,700 · +1.2%
• By 2050: 586,581 · +1.6%
• By 2075: 598,706 · +3.7%
• By 2100: 590,823 · +2.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (76%)
• Race & ethnicity: Black 76% White 15% Two or more races 5% Hispanic / Latino 3% Asian 2%
• Common ancestry: Swiss 5% Hispanic 1% Romanian 1%
• Foreign-born: 18% · Canada
• Languages at home: 84% English-only · French/Haitian/Cajun 4% Spanish 3% Other Asian/Pacific 1%

Political lean MEDSL · Delaware

• 2024 margin: Strong D (+23.7) · D 61.4% · R 37.6% · Other 1.0%
• 2008→2024 swing: +2.3pp toward D · 2008: 21.4pp · 2024: 23.7pp
• All cycles: 2024: D+23.7 2020: D+26.7 2016: D+22.0 2012: D+21.8 2008: D+21.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -190.50%
• Current HPI: 277.7034
• Rent YoY: ▲ 13.10%
• 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

+248.8% since first listed

11 events — show timeline

• 2026-05-14 Pending — BRIGHT MLS
• 2026-05-01 Contingent — BRIGHT MLS
• 2026-04-26 Relisted — BRIGHT MLS
• 2026-03-18 Pending — BRIGHT MLS
• 2026-03-01 Contingent — BRIGHT MLS
• 2026-02-27 Listed $150,000 BRIGHT MLS
• 2026-02-20 Coming Soon $150,000 BRIGHT MLS
• 2006-12-18 Sold (Public Records) $92,000 Public Records
• 2006-10-26 Sold (MLS) $92,000 BRIGHT MLS
• 2006-03-28 Listed $92,000 BRIGHT MLS
• 2006-02-08 Sold (Public Records) $43,000 Public Records

Property tax history

+0.7%/yr

Latest (2026): $3,264 · -0.5% YoY. Source: county tax records.