147 Third Ave · Village Green-Green Ridge, PA 19063

$139,900

3 bd · 2.0 ba · 1,008 sqft · SingleFamily public records · 176 Days on market

Built 2006 $139/sqft · 12% above area Est $125k · 12% over

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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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.7/10.0
• Schools +4.3/10.0
• Rent growth +3.0/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +2.3/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bedroom homes are hard to come by! This lovely, corner-lot in Village Green boasts a 19-year young, 3 bedroom, 2 full bath, 24'x42' (1008 sq ft) home and even has a charming covered concrete patio (the length of the home) for great outside relaxation. The front door leads you to a nice, open floor plan which hosts a spacious living room with lighted ceiling fan, light oak kitchen with plenty of cabinets and counterspace (including a dishwasher and refrigerator) and ceramic tile backsplash as well as a breakfast nook. A laundry area includes the washer and dryer with cabinets overhead, and there is also another exterior access from laundry area. Primary bedroom has its own light and bright full bath with a walk-in shower and at the other side of the home (for extra privacy) are 2 more bedrooms (one currently used as a music room) and another full hall bath! New roof installed and 2 skylites in 2025 and new HVAC installed in 2023! Even a nice, new fenced dog park a short distance away (on the corner of Anderson and 6th Ave). A ring camera and another exterior camera are currently also on the premises. Close to so many great stores and restaurants as well as easy access to I-95, Route 1 and more. Come see! This spacious 3 bedroom home will not disappoint! (Manufactured home loans are acceptable but homes not eligible for a mortgage since it is a lot lease and you do not own the land).

Key facts

• Open floor plan
• Corner-lot
• Lighted ceiling fan

Tags

• CORNER-LOT
• COVERED CONCRETE PATIO
• OPEN FLOOR PLAN
• LIGHTED CEILING FAN
• LIGHT OAK KITCHEN
• CERAMIC TILE BACKSPLASH

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $806 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.2% vs local median 4.7% in Village Green-Green Ridge — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Penn-Delco SD (suburban): math 37% / reading 59% proficiency, ranked #174 of 539 in PA (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 16% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+1.9%/yr); 126 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 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 $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 1.9% rent growth), your $39k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 176 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 10y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $123,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 176 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.47% ✓
• Cap rate: 13.21%
• Cash-on-cash: 24.70%
• DSCR: 2.10
• GRM: 5.7

CMA / ARV

• ARV (median comp): $125,415
• List price: $139,900
• Delta: 11.55%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
147 Third Ave	0.00mi	3/2.0	1,008 (0%)	0mo	$130,000	$129	100
216 Park Dr	0.07mi	2/2.0 (-1)	1,008 (0%)	4mo	$130,000	$129	88
51 Lake Dr	0.12mi	2/2.0 (-1)	1,008 (0%)	2mo	$145,000	$144	87
170 Fourth Ave	0.02mi	3/2.0	960 (-5%)	20mo	$115,000	$120	74
184 Fifth Ave	0.07mi	2/1.0 (-1)	896 (-11%)	1mo	$93,000	$104	68
69 First Ave	0.06mi	2/1.0 (-1)	880 (-13%)	0mo	$110,000	$125	67
255 Seventh Ave	0.13mi	2/1.0 (-1)	912 (-10%)	10mo	$83,000	$91	61
103 Tuscany Rd	0.33mi	3/1.0	888 (-12%)	1mo	$325,000	$366	60
102 Tuscany Rd	0.35mi	3/1.0	1,138 (+13%)	1mo	$330,000	$290	57
196 Lake Dr	0.11mi	2/1.0 (-1)	896 (-11%)	14mo	$89,000	$99	56
107 Tuscany Rd	0.33mi	3/2.0	888 (-12%)	12mo	$365,000	$411	54
200 Tuscany Rd	0.39mi	4/2.0 (+1)	864 (-14%)	21mo	$385,000	$446	36

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 · 1.91% rent growth · sell at horizon

5-year hold

• IRR: 16.9%
• Equity multiple: 1.67×
• Total profit: $26,391
• Equity at exit: $20,860

10-year hold

• IRR: 24.7%
• Equity multiple: 3.04×
• Total profit: $79,909
• Equity at exit: $12,096

Cash invested: $39,172 (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 19063

• Rents YoY: 1.9%
• Active inventory: 126
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $2,053 high
• Mortgage (P&I): −$734
• Tax from tax record: −$24 /mo · $285/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$431
• Net cashflow: $806

Break-even live

Break-even rent $1,032

Max offer price $139,900

Occupancy floor 56%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3701 Concord Rd Aston, PA	2.0	1.0	850	$1,497	$1.76	5d	1	0.23mi
29 Thomas Rd Aston Township, PA	2.0	1.0	1100	$1,985	$1.80	43d	1	0.30mi
713 Lamp Post Ln Unit A Aston Township, PA	3.0	1.0	1000	$2,500	$2.50	43d	1	0.70mi
4040 Concord Rd Aston Township, PA	3.0	1.0	1200	$2,200	$1.83	1d	1	0.72mi
45 Neeld Ln Aston, PA	3.0	2.0	1303	$2,900	$2.23	2d	1	1.02mi
3150 Concord Rd Unit B Aston Township, PA	2.0	1.0	850	$1,550	$1.82	10d	1	1.03mi
47 Eusden Dr Aston, PA	2.0	1.5	1280	$2,400	$1.88	3d	1	1.07mi
785 Cherry Tree Rd Aston, PA	1.0–2.0	1.0	700	$1,300	$1.86	43d	1	1.22mi
25 Abel Pl Media, PA	2.0	1.5	1331	$3,200	$2.40	2d	1	1.31mi
700 Cherry Tree Rd Unit 00 I- 4 Aston Township, PA	2.0	1.0	957	$1,580	$1.65	24d	1	1.34mi
700 Cherry Tree Rd Apt H6 Aston Township, PA	2.0	1.0	960	$1,445	$1.51	20d	1	1.34mi

Listing history 5 events

1. 2026-05-06
   historical Active Under Contract 1407-char remark

   Show marketing remark (1407 chars)

   3 bedroom homes are hard to come by! This lovely, corner-lot in Village Green boasts a 19-year young, 3 bedroom, 2 full bath, 24'x42' (1008 sq ft) home and even has a charming covered concrete patio (the length of the home) for great outside relaxation. The front door leads you to a nice, open floor plan which hosts a spacious living room with lighted ceiling fan, light oak kitchen with plenty of cabinets and counterspace (including a dishwasher and refrigerator) and ceramic tile backsplash as well as a breakfast nook. A laundry area includes the washer and dryer with cabinets overhead, and there is also another exterior access from laundry area. Primary bedroom has its own light and bright full bath with a walk-in shower and at the other side of the home (for extra privacy) are 2 more bedrooms (one currently used as a music room) and another full hall bath! New roof installed and 2 skylites in 2025 and new HVAC installed in 2023! Even a nice, new fenced dog park a short distance away (on the corner of Anderson and 6th Ave). A ring camera and another exterior camera are currently also on the premises. Close to so many great stores and restaurants as well as easy access to I-95, Route 1 and more. Come see! This spacious 3 bedroom home will not disappoint! (Manufactured home loans are acceptable but homes not eligible for a mortgage since it is a lot lease and you do not own the land).

2. 2026-03-11
   price $139,900 1407-char remark

   Show marketing remark (1407 chars)

   3 bedroom homes are hard to come by! This lovely, corner-lot in Village Green boasts a 19-year young, 3 bedroom, 2 full bath, 24'x42' (1008 sq ft) home and even has a charming covered concrete patio (the length of the home) for great outside relaxation. The front door leads you to a nice, open floor plan which hosts a spacious living room with lighted ceiling fan, light oak kitchen with plenty of cabinets and counterspace (including a dishwasher and refrigerator) and ceramic tile backsplash as well as a breakfast nook. A laundry area includes the washer and dryer with cabinets overhead, and there is also another exterior access from laundry area. Primary bedroom has its own light and bright full bath with a walk-in shower and at the other side of the home (for extra privacy) are 2 more bedrooms (one currently used as a music room) and another full hall bath! New roof installed and 2 skylites in 2025 and new HVAC installed in 2023! Even a nice, new fenced dog park a short distance away (on the corner of Anderson and 6th Ave). A ring camera and another exterior camera are currently also on the premises. Close to so many great stores and restaurants as well as easy access to I-95, Route 1 and more. Come see! This spacious 3 bedroom home will not disappoint! (Manufactured home loans are acceptable but homes not eligible for a mortgage since it is a lot lease and you do not own the land).

3. 2025-11-11
   listed $149,900 Active 1407-char remark

   Show marketing remark (1407 chars)

   3 bedroom homes are hard to come by! This lovely, corner-lot in Village Green boasts a 19-year young, 3 bedroom, 2 full bath, 24'x42' (1008 sq ft) home and even has a charming covered concrete patio (the length of the home) for great outside relaxation. The front door leads you to a nice, open floor plan which hosts a spacious living room with lighted ceiling fan, light oak kitchen with plenty of cabinets and counterspace (including a dishwasher and refrigerator) and ceramic tile backsplash as well as a breakfast nook. A laundry area includes the washer and dryer with cabinets overhead, and there is also another exterior access from laundry area. Primary bedroom has its own light and bright full bath with a walk-in shower and at the other side of the home (for extra privacy) are 2 more bedrooms (one currently used as a music room) and another full hall bath! New roof installed and 2 skylites in 2025 and new HVAC installed in 2023! Even a nice, new fenced dog park a short distance away (on the corner of Anderson and 6th Ave). A ring camera and another exterior camera are currently also on the premises. Close to so many great stores and restaurants as well as easy access to I-95, Route 1 and more. Come see! This spacious 3 bedroom home will not disappoint! (Manufactured home loans are acceptable but homes not eligible for a mortgage since it is a lot lease and you do not own the land).

4. 2016-10-09
   historical
5. 2016-04-09
   listed $69,900

ⓘ 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: $285 · $24/mo
• Projected year-2 tax: $1,248 · $104/mo
• Expected delta: +$963/yr (+$80/mo · 338.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,637
• − Mortgage interest: −$7,837
• − Property taxes: −$285
• − Insurance: −$700
• − Repairs & maintenance: −$1,971
• − Management: −$1,971
• − Depreciation: −$4,070
• Taxable income: $7,804
• Est. tax owed @ 24.0%: −$1,873
• After-tax cash flow: $7,802/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: Penn-Delco SD
• NCES district ID: 4218580
• Math proficiency: 37% ▼ -18.00%
• Reading proficiency: 59% ▼ -13.00%
• Median HH income: $71,673
• Composite: 43.11/100
• National rank: #3083
• State rank: #174 of 539 in PA

Livability — Village Green-Green Ridge

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

Census & demographics

• Census place: Village Green-Green Ridge, PA
• County: Delaware County · 399,863 people
• City population: 21,242
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 38,172
• Household income: $127,368
• Rent vs Own: 30.1% rent · 69.9% own
• Severe rent burden: 1358.0

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 (81%)
• Race & ethnicity: White 81% Asian 8% Black 4% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Romanian 5% Slovak 3% Lithuanian 2%
• Foreign-born: 9% · China, Canada, Vietnam
• Languages at home: 89% English-only · Other Asian/Pacific 2% Chinese 2% Spanish 2%

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: ▼ -310.16%
• Current HPI: 304.78
• Rent YoY: ▲ 1.91%
• 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

+100.1% since first listed

5 events — show timeline

• 2026-05-06 Contingent — BRIGHT MLS
• 2026-03-11 Price Changed $139,900 BRIGHT MLS
• 2025-11-11 Listed $149,900 BRIGHT MLS
• 2016-10-09 Listing Removed — BRIGHT MLS
• 2016-04-09 Listed $69,900 BRIGHT MLS

Property tax history

-5.8%/yr

Latest (2026): $285 · -76.1% YoY. Source: county tax records.