2377 Booker Ave · Linwood, PA 19014

$229,900

2 bd · 1.0 ba · 1,520 sqft · SingleFamily public records · 12 Days on market

Built 1945 5,227 sqft lot Est $310k · 26% under

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Why this score? — see what drove the D+ 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).

• ARV discount +15.0/15.0
• Cash flow +14.3/30.0
• DSCR +4.4/10.0
• Livability +4.0/5.0
• 1% rule +3.3/10.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

Key facts

• Extra parking
• Eat in kitchen
• Large yard

Tags

• EAT IN KITCHEN
• LARGE YARD
• EXTRA PARKING
• DECK

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Detached property; Condition listed as average; Ownership is fee simple; Year built per assessor
• Construction: Stucco exterior; Stone foundation; Above-grade and below-grade structures
• Exterior features: Lot roughly 50 x 100; No tidal water

Interior

• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 2 full bathrooms on the main level; 2 full bathrooms total
• Heating & cooling: Forced air heating (oil); Central air conditioning (electric); Electric hot water
• Interior features: Unfinished basement; Living area per assessor

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $44 ($524/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (16.7% below list).
• Recommended offer: $191k (16.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 79/100 on livability (#234 in PA, #2,020 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: commute D+, amenities F.
• Chichester SD (suburban): math 19% / reading 41% proficiency, ranked #438 of 539 in PA (top 81%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 71 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 299 units permitted in Delaware County in 2024 (5 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 15y 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 $33k; list at $230k implies a 593% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1945 — 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 $191,457 (16.7% below list)

Questions for the listing agent

1. Built in 1945 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. 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.
5. 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.
6. 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: 0.83% ✗
• Cap rate: 6.52%
• Cash-on-cash: 0.81%
• DSCR: 1.04
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $310,080
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2376 Thomas	0.10mi	3/2.0 (+1)	1,740 (+14%)	5mo	$350,000	$201	58
300 Walnut St	0.46mi	3/1.0 (+1)	1,498 (-1%)	16mo	$255,000	$170	58
416 Dutton St	0.64mi	3/2.0 (+1)	1,603 (+6%)	1mo	$351,000	$219	51
30 Belvue Ter	0.19mi	3/2.5 (+1)	1,716 (+13%)	10mo	$350,000	$204	51
597 Meetinghouse Rd	0.53mi	3/1.5 (+1)	1,650 (+9%)	8mo	$337,500	$205	48
1011 Excelsior Dr	0.64mi	3/1.0 (+1)	1,596 (+5%)	20mo	$150,000	$94	40
307 Johnson Ave	0.66mi	3/1.5 (+1)	1,300 (-14%)	5mo	$275,000	$212	34
2829 Excelsior Dr	0.63mi	3/1.5 (+1)	1,364 (-10%)	21mo	$350,000	$257	29
517 Johnson Ave	0.71mi	3/2.0 (+1)	1,292 (-15%)	12mo	$102,500	$79	23

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: -15.0%
• Equity multiple: 0.46×
• Total profit: $-34,519
• Equity at exit: $34,279

10-year hold

• IRR: -6.5%
• Equity multiple: 0.59×
• Total profit: $-26,662
• Equity at exit: $19,878

Cash invested: $64,372 (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 19014

• Active inventory: 71
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,915 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$167 /mo · $2,010/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$402
• Net cashflow: $44

Break-even live

Break-even rent $1,859

Max offer price $229,900

Occupancy floor 93%

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: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
119 E Laughead Ave Marcus Hook, PA	3.0	1.5	1080	$1,530	$1.42	3d	1	0.62mi
151 Chadwick Ave Marcus Hook, PA	3.0	1.5	1080	$1,600	$1.48	11d	1	0.72mi
130 Harvey Ave Unit 1 Linwood, PA	3.0	1.0	1173	$1,750	$1.49	10d	1	0.76mi
49 Story Rd Upper Chichester, PA	3.0	1.5	1742	$2,450	$1.41	43d	1	0.80mi
36 Andrews Ct Media, PA	3.0	2.5	1632	$2,600	$1.59	43d	1	0.81mi
2717 Bethel Rd Chester, PA	3.0	1.0	1785	$1,350	$0.76	5d	1	1.17mi
1015 McClenahan Ter Marcus Hook, PA	3.0	2.5	1456	$2,400	$1.65	11d	1	1.17mi
15 Marshall Ave Marcus Hook, PA	3.0	1.0	1204	$1,600	$1.33	24d	1	1.33mi
8 W 8th St Marcus Hook, PA	3.0	1.0	1120	$1,600	$1.43	18d	1	1.42mi
2832 W 6th St Unit 306 Chester, PA	3.0	1.0	1428	$1,500	$1.05	4d	1	1.43mi

Listing history 18 events

1. 2026-06-01
   status $229,900 Pending 12 DOM
2. 2026-05-31
   days on market $229,900 Active 12 DOM
3. 2026-05-19
   listed $229,900 Active
4. 2013-01-08
   soldstatus $33,180
5. 2012-12-28
   soldstatus $42,000 Sold 445-char remark

   Show marketing remark (445 chars)

   This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

6. 2012-12-28
   soldstatus $42,000 445-char remark

   Show marketing remark (445 chars)

   This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

7. 2012-12-03
   status Under Contract 445-char remark

   Show marketing remark (445 chars)

   This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

8. 2012-12-03
   historical 445-char remark

   Show marketing remark (445 chars)

   This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

9. 2012-11-28
   price $47,900 445-char remark

   Show marketing remark (445 chars)

   This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

10. 2012-10-30
    price $54,900 445-char remark

    Show marketing remark (445 chars)

    This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

11. 2012-10-04
    status Active 445-char remark

    Show marketing remark (445 chars)

    This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

12. 2012-09-18
    status Under Contract 445-char remark

    Show marketing remark (445 chars)

    This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

13. 2012-08-15
    listed $60,000 Active 445-char remark

    Show marketing remark (445 chars)

    This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

14. 2012-08-15
    listed $47,900 445-char remark

    Show marketing remark (445 chars)

    This is a Homepath property approved for Homepath Renovation Mortgage financing. Ranch style home on large level lot. The first floor features a living room, kitchen, dining room and two bedrooms and hall bath on the main floor. The lower level consists of a family room addition leading to a rear deck. Partial basement. Owner occupant and NSP offers only considered the first 15 DOM. All offers are to be submitted online at HomePath web site.

15. 2012-02-27
    historical
16. 2011-10-24
    listed $64,900
17. 2010-11-24
    soldstatus $1,481
18. 1981-01-22
    soldstatus $11,800

ⓘ 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: $2,010 · $167/mo
• Projected year-2 tax: $2,821 · $235/mo
• Expected delta: +$811/yr (+$68/mo · 40.4%)

ⓘ 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 7/10 Severe 7 d/yr ≥104°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 4 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,975
• − Mortgage interest: −$12,878
• − Property taxes: −$2,010
• − Insurance: −$1,150
• − Repairs & maintenance: −$1,838
• − Management: −$1,838
• − Depreciation: −$6,688
• Taxable loss: −$3,426
• Est. tax savings @ 24.0%: +$822
• After-tax cash flow: $1,346/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: Chichester SD
• NCES district ID: 4205910
• Math proficiency: 19% ▼ -12.00%
• Reading proficiency: 41% ▼ -17.00%
• Median HH income: $57,612
• Composite: 26.84/100
• National rank: #7110
• State rank: #438 of 539 in PA

Livability — Linwood

• Score: 79/100
• State rank: #234
• US rank: #2020

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Delaware County · 399,863 people
• City population: 20,135
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 21,427
• Household income: $96,781
• Rent vs Own: 11.5% rent · 88.5% own
• Severe rent burden: 276.0

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 White (86%)
• Race & ethnicity: White 86% Black 9% Two or more races 2% Asian 2% Hispanic / Latino 2%
• Common ancestry: Romanian 9% Italian 2% Iranian 1%
• Foreign-born: 4% · South Korea, Canada
• Languages at home: 95% English-only · Russian/Polish/Slavic 1% Other Indo-European 1% Spanish 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: ▼ -260.34%
• Current HPI: 262.8409
• Rent YoY: —
• 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

+1848.3% since first listed

16 events — show timeline

• 2026-05-19 Listed $229,900 BRIGHT MLS
• 2013-01-08 Sold (Public Records) $33,180 Public Records
• 2012-12-28 Sold (MLS) $42,000 BRIGHT MLS
• 2012-12-28 Sold (MLS) $42,000 TREND
• 2012-12-03 Pending — TREND
• 2012-12-03 Listing Removed — BRIGHT MLS
• 2012-11-28 Price Changed $47,900 TREND
• 2012-10-30 Price Changed $54,900 TREND
• 2012-10-04 Relisted — TREND
• 2012-09-18 Pending — TREND
• 2012-08-15 Listed $60,000 TREND
• 2012-08-15 Listed $47,900 BRIGHT MLS
• 2012-02-27 Listing Removed — BRIGHT MLS
• 2011-10-24 Listed $64,900 BRIGHT MLS
• 2010-11-24 Sold (Public Records) $1,481 Public Records
• 1981-01-22 Sold (Public Records) $11,800 Public Records

Property tax history

-4.4%/yr

Latest (2026): $2,010 · -59.9% YoY. Source: county tax records.