1114 Clover Ln · Chester, PA 19013

$74,900

2 bd · 1.0 ba · 936 sqft · Townhouse public records · 69 Days on market

Built 1940 2,178 sqft lot Est $97k · 23% under

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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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.2/5.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This property is being rented for 700.00 monthly. Tenant pays heat, electric and water. Nice home that has an extra room on side of living room that could be used for an office or a playroom. Turnkey operation. The purchaser of this property should check out the city and county taxes for accuracy. Also there are two other properties listed along with this one that could be bought as a package. The tax Id is 49-02-02113-00 and49-11-00078-00. The purchaser of this property is expected to pay for the Use and Occupancy fees and inspections. Property is being sold as is.

Key facts

• Hardwood tile
• Hot water heater
• Front yard

Tags

• REAR OFF STREET PARKING
• FRONT YARD
• HARDWOOD TILE
• NEWER HVAC
• HOT WATER HEATER

🏷️ Possibly a rental listed for sale. The $74,900 price doesn't fit this home's estimated sale value (~$97,344) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath townhouse listed at $75k.

Deal economics

• At list price, monthly cash flow is $373 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $70k (6.0% below list) — sets the bar for market timing.
• Cap rate 12.3% vs local median 7.5% in Chester — 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 73/100 on livability (#540 in PA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
• Chester-Upland SD (suburban): math 4% / reading 17% proficiency, ranked #533 of 539 in PA (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+6.9%/yr); 138 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 299 units permitted in Delaware County in 2024 (5 in 5+ unit buildings).
• This rent runs 37% of the median local income ($41k/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 $518 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 6.9% rent growth), your $21k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 16y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $22k; list at $75k implies a 240% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.4% of price; built in 1940 — 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 $70,406 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.70% ✓
• Cap rate: 12.27%
• Cash-on-cash: 21.34%
• DSCR: 1.95
• GRM: 4.9

CMA / ARV

• ARV (on-the-fly): $97,344
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1107 Meadow Ln	0.11mi	2/1.0	936 (0%)	2mo	$35,000	$37	94
1137 Pine Ln	0.02mi	2/1.0	936 (0%)	14mo	$110,000	$118	88
3312 W 13th St	0.18mi	2/1.0	936 (0%)	22mo	$40,000	$43	73
1205 Pine Ln	0.08mi	2/1.0	840 (-10%)	10mo	$57,000	$68	71
1200 Pine Ln	0.08mi	3/1.0 (+1)	1,013 (+8%)	10mo	$189,148	$187	69
3308 W 13th St	0.18mi	3/1.0 (+1)	1,008 (+8%)	22mo	$105,000	$104	55
3502 W 4th St	0.46mi	3/1.0 (+1)	888 (-5%)	13mo	$150,000	$169	54
1216 Keystone Rd	0.13mi	3/1.5 (+1)	1,072 (+14%)	13mo	$155,000	$145	52
2502 W 7th St	0.50mi	1/1.0 (-1)	840 (-10%)	18mo	$75,000	$89	39

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 · 6.88% rent growth · sell at horizon

5-year hold

• IRR: 18.8%
• Equity multiple: 1.80×
• Total profit: $16,878
• Equity at exit: $11,168

10-year hold

• IRR: 30.0%
• Equity multiple: 4.27×
• Total profit: $68,656
• Equity at exit: $6,476

Cash invested: $20,972 (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 19013

• Rents YoY: 6.9%
• Active inventory: 138
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,276 high
• Mortgage (P&I): −$393
• Tax from tax record: −$211 /mo · $2,535/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$268
• Net cashflow: $373

Break-even live

Break-even rent $804

Max offer price $74,900

Occupancy floor 66%

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: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1107-1115 Keystone Rd Chester, PA	2.0	1.0	700	$1,250	$1.79	44d	1	0.05mi
1006 Keystone Rd Chester, PA	2.0	1.0	750	$1,200	$1.60	24d	1	0.09mi
908 Keystone Rd Chester, PA	2.0	1.0	750	$1,200	$1.60	44d	1	0.09mi
906 Keystone Rd Chester, PA	2.0	1.0	800	$1,200	$1.50	22d	1	0.09mi
906 Keystone Rd Unit 1 Chester, PA	2.0	1.0	800	$1,200	$1.50	24d	1	0.09mi
3312 W 13th St Chester, PA	2.0	1.0	936	$1,499	$1.60	22d	1	0.21mi
425 Highland Ave Apt A Chester, PA	2.0	1.5	990	$1,000	$1.01	20d	1	0.44mi
1127 Ward St Chester, PA	2.0	1.0	800	$1,250	$1.56	8d	1	0.51mi
151 Chadwick Ave Marcus Hook, PA	3.0	1.5	1080	$1,600	$1.48	11d	1	1.16mi
117 Ervin Ave Marcus Hook, PA	3.0	1.5	720	$1,595	$2.22	20d	1	1.23mi
119 E Laughead Ave Marcus Hook, PA	3.0	1.5	1080	$1,530	$1.42	4d	1	1.23mi
8 W 8th St Marcus Hook, PA	3.0	1.0	1120	$1,600	$1.43	18d	1	1.48mi

Listing history 16 events

1. 2026-04-20
   status Pending
2. 2026-04-13
   price $74,900
3. 2026-02-10
   listed $79,900 Active
4. 2018-04-23
   soldstatus $22,000 Closed 574-char remark

   Show marketing remark (576 chars)

   This property is being rented for 700.00 monthly. Tenant pays heat, electric and water. Nice home that has an extra room on side of living room that could be used for an office or a playroom. Turnkey operation. The purchaser of this property should check out the city and county taxes for accuracy. Also there are two other properties listed along with this one that could be bought as a package. The tax Id is 49-02-02113-00 and49-11-00078-00. The purchaser of this property is expected to pay for the Use and Occupancy fees and inspections. Property is being sold as is.

5. 2018-04-23
   soldstatus $22,000 Sold 576-char remark

   Show marketing remark (576 chars)

   This property is being rented for 700.00 monthly. Tenant pays heat, electric and water. Nice home that has an extra room on side of living room that could be used for an office or a playroom. Turnkey operation. The purchaser of this property should check out the city and county taxes for accuracy. Also there are two other properties listed along with this one that could be bought as a package. The tax Id is 49-02-02113-00 and49-11-00078-00. The purchaser of this property is expected to pay for the Use and Occupancy fees and inspections. Property is being sold as is.

6. 2018-04-04
   status Pending 574-char remark

   Show marketing remark (576 chars)

   This property is being rented for 700.00 monthly. Tenant pays heat, electric and water. Nice home that has an extra room on side of living room that could be used for an office or a playroom. Turnkey operation. The purchaser of this property should check out the city and county taxes for accuracy. Also there are two other properties listed along with this one that could be bought as a package. The tax Id is 49-02-02113-00 and49-11-00078-00. The purchaser of this property is expected to pay for the Use and Occupancy fees and inspections. Property is being sold as is.

7. 2018-04-04
   status Under Contract 576-char remark

   Show marketing remark (576 chars)

   This property is being rented for 700.00 monthly. Tenant pays heat, electric and water. Nice home that has an extra room on side of living room that could be used for an office or a playroom. Turnkey operation. The purchaser of this property should check out the city and county taxes for accuracy. Also there are two other properties listed along with this one that could be bought as a package. The tax Id is 49-02-02113-00 and49-11-00078-00. The purchaser of this property is expected to pay for the Use and Occupancy fees and inspections. Property is being sold as is.

8. 2018-01-22
   listed $22,000 Active 574-char remark

   Show marketing remark (576 chars)

   This property is being rented for 700.00 monthly. Tenant pays heat, electric and water. Nice home that has an extra room on side of living room that could be used for an office or a playroom. Turnkey operation. The purchaser of this property should check out the city and county taxes for accuracy. Also there are two other properties listed along with this one that could be bought as a package. The tax Id is 49-02-02113-00 and49-11-00078-00. The purchaser of this property is expected to pay for the Use and Occupancy fees and inspections. Property is being sold as is.

9. 2018-01-22
   listed $22,000 Active 576-char remark

   Show marketing remark (576 chars)

   This property is being rented for 700.00 monthly. Tenant pays heat, electric and water. Nice home that has an extra room on side of living room that could be used for an office or a playroom. Turnkey operation. The purchaser of this property should check out the city and county taxes for accuracy. Also there are two other properties listed along with this one that could be bought as a package. The tax Id is 49-02-02113-00 and49-11-00078-00. The purchaser of this property is expected to pay for the Use and Occupancy fees and inspections. Property is being sold as is.

10. 2011-01-18
    soldstatus $10,000
11. 2011-01-18
    soldstatus $10,000
12. 2011-01-07
    historical
13. 2010-12-07
    listed $12,000
14. 2010-12-07
    listed $12,000
15. 2007-05-17
    soldstatus $26,000
16. 1993-04-23
    soldstatus $18,000

ⓘ 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: $2,535 · $211/mo
• Projected year-2 tax: $2,535 · $211/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 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: $15,313
• − Mortgage interest: −$4,196
• − Property taxes: −$2,535
• − Insurance: −$374
• − Repairs & maintenance: −$1,225
• − Management: −$1,225
• − Depreciation: −$2,179
• Taxable income: $3,579
• Est. tax owed @ 24.0%: −$859
• After-tax cash flow: $3,615/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: Chester-Upland SD
• NCES district ID: 4205860
• Math proficiency: 4% ▼ -3.00%
• Reading proficiency: 17% ▼ -6.00%
• Median HH income: $29,790
• Composite: 8.05/100
• National rank: #9918
• State rank: #533 of 539 in PA

Livability — Chester

• Score: 73/100
• State rank: #540
• US rank: #5053

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chester, PA
• County: Delaware County · 399,863 people
• City population: 35,064
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 35,064
• Household income: $41,261
• Rent vs Own: 61.0% rent · 39.0% own
• Severe rent burden: 2668.0

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 (71%)
• Race & ethnicity: Black 71% White 14% Hispanic / Latino 9% Two or more races 4%
• Hispanic origin (detail): Puerto Rican 6%
• Common ancestry: Romanian 2%
• Foreign-born: 4% · Canada
• Languages at home: 92% English-only · Spanish 6%

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: ▼ -149.69%
• Current HPI: 219.5173
• Rent YoY: ▲ 6.88%
• 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

+316.1% since first listed

16 events — show timeline

• 2026-04-20 Pending — BRIGHT MLS
• 2026-04-13 Price Changed $74,900 BRIGHT MLS
• 2026-02-10 Listed $79,900 BRIGHT MLS
• 2018-04-23 Sold (MLS) $22,000 TREND
• 2018-04-23 Sold (MLS) $22,000 BRIGHT MLS
• 2018-04-04 Pending — BRIGHT MLS
• 2018-04-04 Pending — TREND
• 2018-01-22 Listed $22,000 TREND
• 2018-01-22 Listed $22,000 BRIGHT MLS
• 2011-01-18 Sold (MLS) $10,000 TREND
• 2011-01-18 Sold (MLS) $10,000 BRIGHT MLS
• 2011-01-07 Listing Removed — BRIGHT MLS
• 2010-12-07 Listed $12,000 TREND
• 2010-12-07 Listed $12,000 BRIGHT MLS
• 2007-05-17 Sold (Public Records) $26,000 Public Records
• 1993-04-23 Sold (Public Records) $18,000 Public Records

Property tax history

+23.0%/yr

Latest (2026): $2,535 · +143.3% YoY. Source: county tax records.