3847 Green St · Claymont, DE 19703

$470,000

3 bd · 2.5 ba · — sqft · Townhouse · 30 Days on market

Built 2022 Good condition $133/mo HOA · 5% of rent

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Why this score? — see what drove the F 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 +7.5/15.0
• Condition / age +4.0/5.0
• Livability +3.5/5.0
• Cash flow +3.4/30.0
• Rent growth +3.3/5.0
• Schools +3.1/10.0
• 1% rule +0.2/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 3847 Green Street a beautifully updated Chesterfield model located in the highly sought-after Darley Green community in the heart of Claymont. Rarely available and perfectly positioned on a premium homesite overlooking the well landscaped courtyard and park-like setting, this fine townhome offers the perfect blend of modern style, comfort, and convenience. Offering approximately 2,500 square feet of living space, this thoughtfully designed home features 3 bedrooms, 2 full bathrooms, 1 half bath, and a one-car garage. From the moment you arrive, you’ll appreciate the inviting curb appeal, fresh paint, and beautifully updated luxury vinyl plank flooring throughout the main l

Key facts

• Premium homesite
• Balcony
• Granite countertops

Tags

• PREMIUM HOMESITE
• LANDSCAPED COURTYARD
• OPEN-CONCEPT FLOOR PLAN
• MODERN EAT-IN KITCHEN
• GRANITE COUNTERTOPS
• BALCONY

Property features AI

Finance

• HOA & community: Monthly HOA/Condo fee of $133; HOA covers common area maintenance, exterior building maintenance, lawn maintenance, and snow removal

Exterior

• Parking: Attached garage with inside access and rear entry (1 car)
• Utilities: Public water; Public sewer; Electric hot water
• Home design: Interior townhouse/rowhouse; Vinyl and aluminum siding
• Construction: Slab foundation; Estimated year built; Above grade and below grade structures
• Exterior features: Condominium ownership; No basement; Common grounds

Interior

• Kitchen: Dishwasher; Refrigerator; Stainless steel appliances
• Bedrooms: Three bedrooms on the upper level
• Flooring: Engineered wood; Luxury vinyl plank
• Bathrooms: Two full bathrooms (upper level); One half bathroom (main level)
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Open floor plan; Eat-in kitchen; Kitchen island; Master bathroom; Walk-in closet(s); Stall shower; Tub with shower; Walk-in shower
• Laundry & utility: Washer and dryer; Laundry on upper floor

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $470k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-1k ($-17k/yr) — negative.
• To cash-flow at today's rent, offer at most $262k (44.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $246k (47.7% below list).
• Recommended offer: $246k (47.7% below list) — sets the bar for 1% rule.
• Cap rate 2.6% vs local median 4.8% in Claymont — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 69/100 on livability (#25 in DE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, amenities F, commute F.
• Brandywine School District (suburban): math 28% / reading 40% proficiency, ranked #11 of 26 in DE (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.1%/yr); 35 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,367 units permitted in New Castle County in 2024 (201 in 5+ unit buildings).
• This rent runs 38% of the median local income ($77k/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 $3k of loan paydown is wiped out by about $14k of value loss. Plan a longer hold.
• New Castle County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($463k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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.

Risks & watch-outs

• 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 $245,898 (47.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.52% ✗
• Cap rate: 2.62%
• Cash-on-cash: -13.12%
• DSCR: 0.42
• GRM: 15.9

CMA / ARV

No comps found within radius.

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3858 Green St	0.07mi	2/2.5 (-1)	1,350	5mo	$335,000	$248	75
1390 Parish Ave	0.14mi	4/2.5 (+1)	1,900	1mo	$430,000	$226	75
3415 Naamans Dr	0.21mi	4/3.5 (+1)	2,225	1mo	$495,000	$222	68
125 Wiltshire Rd	0.41mi	3/2.0	1,890	0mo	$280,000	$148	66
11 Denham Ave	0.50mi	3/1.5	1,233	3mo	$214,000	$174	58
19 Balfour Ave	0.58mi	3/2.0	1,525	2mo	$125,000	$82	57
32 Colby Ave	0.52mi	3/1.0	1,650	2mo	$211,500	$128	56
26 Denham Ave	0.51mi	3/1.0	1,125	5mo	$200,000	$178	54
3110 W Court Ave	0.57mi	2/1.5 (-1)	750	1mo	$125,000	$167	51
3037 W Court Ave	0.68mi	3/1.0	1,150	1mo	$240,000	$209	49
56 Colby Ave	0.56mi	4/1.0 (+1)	1,775	5mo	$155,000	$87	46
742 W Birchtree Ln	0.72mi	3/1.0	1,450	2mo	$310,000	$214	46

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 · 3.13% rent growth · sell at horizon

5-year hold

• IRR: -40.6%
• Equity multiple: -0.27×
• Total profit: $-167,336
• Equity at exit: $70,079

10-year hold

• IRR: -64.8%
• Equity multiple: -0.99×
• Total profit: $-261,876
• Equity at exit: $40,637

Cash invested: $131,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 70 Landlord-Friendly
• State Delaware: 70 Landlord-Friendly · D+7
• County: — inherits STATE
• City: — inherits STATE

Court of Common Pleas hears L&T; moderate-paced. No state rent control.

Methodology + full state rankings →

ZIP-level market 19703

• Rents YoY: 3.1%
• Active inventory: 35
• Price-to-rent: 15.9×

Monthly cashflow live

• Estimated rent: $2,459 high
• Mortgage (P&I): −$2,465
• Tax est. 1.5%: −$588 /mo · $7,050/yr
• Insurance: −$196
• HOA: −$133
• Vacancy / Maint / Mgmt: −$516
• Net cashflow: $-1,438

Break-even live

Break-even rent $4,280

Max offer price $261,852

Occupancy floor —

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: $117,500
• Closing costs: $14,100
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3847 Green St Claymont, DE	3.0	2.5	2500	$2,600	$1.04	44d	1	0.03mi
1331 Parish Ave Claymont, DE	4.0	3.5	1920	$2,800	$1.46	44d	1	0.05mi
3744 Green St Claymont, DE	3.0	3.5	2275	$2,900	$1.27	24d	1	0.05mi
2003 Flathers Way Unit M79 Claymont, DE	2.0	2.0	1350	$2,350	$1.74	5d	1	0.07mi
1367 Parish Ave Claymont, DE	4.0	3.5	2100	$2,700	$1.29	1d	1	0.10mi
327 Lenape Way Claymont, DE	3.0	2.5	1525	$2,750	$1.80	44d	1	0.18mi
700 Darley Green Dr Claymont, DE	1.0–3.0	1.0–2.0	1195	$2,800	$2.34	1d	1	0.24mi
203 Commonwealth Ave Claymont, DE	3.0	2.5	1800	$2,500	$1.39	44d	1	0.45mi
800 Skipjack Ln Claymont, DE	1.0–2.0	1.0	—	$2,045	—	1d	1	0.47mi
163 Wiltshire Rd Claymont, DE	3.0	2.0	1125	$2,050	$1.82	1d	1	0.48mi
1000 Cedartree Ln Claymont, DE	1.0–2.0	1.0–2.0	815	$1,750	$2.15	1d	8	0.59mi
915 Cedartree Ln Claymont, DE	1.0–2.0	1.0–1.5	850	$1,900	$2.24	1d	19	0.70mi
749 Montclair Dr Claymont, DE	1.0–2.0	1.0–1.5	900	$1,747	$1.94	1d	6	0.84mi
2616 Philadelphia Pike Claymont, DE	2.0	1.0	888	$1,655	$1.86	1d	5	0.96mi
237 Ridge Rd Claymont, DE	2.0	1.0	950	$1,700	$1.79	22d	1	1.12mi
2601 Carpenter Station Rd Wilmington, DE	1.0–3.0	1.0–2.5	1405	$2,600	$1.85	1d	15	1.13mi
2726 Jacqueline Dr Wilmington, DE	1.0–2.0	1.0–2.0	675	$1,675	$2.48	2d	27	1.17mi
3131 Meetinghouse Rd Upper Chichester, PA	1.0–3.0	1.0–2.5	945	$2,644	$2.80	1d	21	1.24mi

HOA detail

• Monthly dues: $133 · $1,596/yr

Listing history 20 events

1. 2026-06-18
   days on market $470,000 Active 30 DOM
2. 2026-06-17
   days on market $470,000 Active 29 DOM
3. 2026-06-16
   days on market $470,000 Active 28 DOM
4. 2026-06-15
   days on market $470,000 Active 27 DOM
5. 2026-06-13
   days on market $470,000 Active 25 DOM
6. 2026-06-09
   days on market $470,000 Active 21 DOM
7. 2026-06-08
   days on market $470,000 Active 20 DOM
8. 2026-06-07
   days on market $470,000 Active 19 DOM
9. 2026-06-04
   days on market $470,000 Active 16 DOM
10. 2026-06-03
    days on market $470,000 Active 15 DOM
11. 2026-06-02
    days on market $470,000 Active 14 DOM
12. 2026-06-01
    days on market $470,000 Active 13 DOM
13. 2026-05-31
    days on market $470,000 Active 12 DOM
14. 2026-05-19
    listed $470,000 Active
15. 2026-05-11
    historical $2,600
16. 2026-05-09
    listed $2,600
17. 2026-05-08
    historical $2,600
18. 2026-02-28
    price $2,600
19. 2026-01-21
    price $2,900
20. 2025-12-04
    listed $3,150

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,508
• − Mortgage interest: −$26,327
• − Property taxes: −$7,050
• − Insurance: −$2,350
• − Repairs & maintenance: −$2,361
• − Management: −$2,361
• − HOA: −$1,596
• − Depreciation: −$13,673
• Taxable loss: −$26,209
• Est. tax savings @ 24.0%: +$6,290
• After-tax cash flow: $-10,971/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.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This beautifully updated Chesterfield model townhome in Darley Green community is move-in ready with fresh paint, modern kitchen and bathrooms, and a well-maintained exterior.

Value-add opportunities

• Both Painting the exterior and interior — Fresh paint enhances curb appeal and interior aesthetics
• Both Landscaping the front yard — Landscaping improves curb appeal and adds value
• Resale Upgrading the kitchen appliances — Modern appliances improve the home's appeal to potential buyers
• Resale Upgrading the bathrooms with modern fixtures — Modern fixtures enhance the home's appeal to potential buyers

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Landscaping the front yard — Landscaping improves curb appeal and adds value ↑
• Resale Upgrading the kitchen appliances — Modern appliances improve the home's appeal to potential buyers ↑
• Resale Upgrading the bathrooms with modern fixtures — Modern fixtures enhance the home's appeal to potential buyers ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Brandywine School District
• NCES district ID: 1001240
• Math proficiency: 28% ▼ -13.00%
• Reading proficiency: 40% ▼ -13.00%
• Median HH income: $68,743
• Composite: 31.27/100
• National rank: #6019
• State rank: #11 of 26 in DE

Livability — Claymont

• Score: 69/100
• State rank: #25
• US rank: #8408

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Claymont, DE
• County: New Castle County · 483,412 people
• City population: 15,460
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 15,460
• Household income: $76,939
• Rent vs Own: 45.3% rent · 54.7% own
• Severe rent burden: 577.0

Population outlook (New Castle County) Hauer SSP2

• Today (2025): 594,686 people
• By 2030: 609,164 · +2.4%
• By 2040: 632,154 · +6.3%
• By 2050: 649,068 · +9.1%
• By 2075: 687,771 · +15.7%
• By 2100: 694,961 · +16.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 53% Black 26% Hispanic / Latino 9% Asian 8% Two or more races 6%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4%
• Common ancestry: Romanian 5% Lithuanian 2% Italian 2%
• Foreign-born: 12% · Canada, China
• Languages at home: 84% English-only · Spanish 6% Other Indo-European 5% Chinese 1%

Political lean MEDSL · New Castle

• 2024 margin: Solid D (+32.6) · D 65.5% · R 32.9% · Other 1.6%
• 2008→2024 swing: -8.1pp toward R · 2008: 40.6pp · 2024: 32.6pp
• All cycles: 2024: D+32.6 2020: D+37.1 2016: D+29.6 2012: D+34.1 2008: D+40.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -148.17%
• Current HPI: 265.6693
• Rent YoY: ▲ 3.13%
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• State GDP YoY: —
• F500 in state: 0

Price history

+14820.6% since first listed

7 events — show timeline

• 2026-05-19 Listed $470,000 BRIGHT MLS
• 2026-05-11 Rental Removed $2,600 APPFOLIO
• 2026-05-09 Listed for Rent $2,600 APPFOLIO
• 2026-05-08 Rental Removed $2,600 BRIGHTMLS
• 2026-02-28 Price Changed $2,600 BRIGHTMLS
• 2026-01-21 Price Changed $2,900 BRIGHTMLS
• 2025-12-04 Listed for Rent $3,150 BRIGHTMLS