1030 Elsinore Pl · Chester, PA 19013

$49,000

4 bd · 1.0 ba · 1,672 sqft · Townhouse public records · 21 Days on market

Built 1910 1,742 sqft lot $29/sqft · 41% below area Est $83k · 41% 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

INVESTORS here is your next opportunity! This brick row is less than 1 mile from Widner University and offers many possibilities with its excellent location in the Township. Property has been vacant for some years as evident in the exterior condition with a partial roof collapse. The covered front porch leads you into endless amount of possibilities to make this your dream home or turn it into a profitable investment. * * * Please use caution when on site as the structural integrity is unknown * * * Roof and 2nd floor has collapsed, no interior access.

Key facts

• Built 1910
• Listed 21 days

Property features AI

Finance

• Other: Finished above-grade living area per assessor; No tidal water; Horse not permitted
• HOA & community: Ground rent paid annually

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Natural gas available; Electric available; Sewer available; Water available
• Home design: Fee simple ownership; Major rehab needed; Building not winterized
• Construction: Brick construction; Other foundation
• Exterior features: End-of-row townhouse; Lot dimensions approximately 20 x 80; Other above-grade and below-grade structures

Interior

• Bedrooms: Four bedrooms on the first upper level
• Bathrooms: One full bathroom (all upper levels)
• Heating & cooling: Hot water heat; Natural gas heating
• Interior features: Main living area with 7 total rooms; Basement present (other type)

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath townhouse listed at $49k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $49k).
• Recommended offer: $48k (1.5% below list) — sets the bar for market timing.
• Cap rate 31.0% 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; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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).
• At $1,811/mo this rent would consume 53% of the median local household income ($41k/yr) (locally 2668% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $339 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 6.9% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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 $41k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: property tax is 3.6% of price; built in 1910 — 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 $48,265 (1.5% below list)

Questions for the listing agent

1. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 3.70% ✓
• Cap rate: 30.98%
• Cash-on-cash: 88.18%
• DSCR: 4.92
• GRM: 2.3

CMA / ARV

• ARV (median comp): $83,095
• List price: $49,000
• Delta: -41.03%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1030 Elsinore Pl	0.00mi	4/1.0	1,672 (0%)	0mo	$41,000	$25	100
1110 Morton Ave	0.09mi	4/1.0	1,516 (-9%)	6mo	$78,000	$51	75
1212 Leiper St	0.52mi	4/2.0	1,628 (-3%)	2mo	$280,000	$172	66
705 Mcilvain St	0.34mi	5/1.0 (+1)	1,549 (-7%)	6mo	$76,500	$49	62
323 Rose St	0.45mi	4/3.5	1,590 (-5%)	5mo	$81,000	$51	57
414 E 20th St	0.74mi	3/1.0 (-1)	1,713 (+2%)	4mo	$192,000	$112	53
922 Saville Ave	0.47mi	3/1.5 (-1)	1,832 (+10%)	4mo	$225,000	$123	52
1233 Crosby St	0.59mi	4/1.0	1,880 (+12%)	2mo	$69,900	$37	50
955 Ashland Ave	0.42mi	3/2.0 (-1)	1,480 (-12%)	2mo	$130,000	$88	50
710 Saville Ave	0.52mi	3/1.0 (-1)	1,456 (-13%)	1mo	$184,900	$127	48
1421 E 11th St	0.58mi	3/1.5 (-1)	1,464 (-12%)	1mo	$205,000	$140	44
1704 Modesto Cir	0.70mi	3/2.0 (-1)	1,482 (-11%)	2mo	$207,000	$140	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 · 6.88% rent growth · sell at horizon

5-year hold

• IRR: 93.4%
• Equity multiple: 5.64×
• Total profit: $63,701
• Equity at exit: $7,306

10-year hold

• IRR: 97.1%
• Equity multiple: 13.47×
• Total profit: $171,139
• Equity at exit: $4,237

Cash invested: $13,720 (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: 2.3×

Monthly cashflow live

• Estimated rent: $1,811 high
• Mortgage (P&I): −$257
• Tax from tax record: −$145 /mo · $1,745/yr
• Insurance: −$20
• HOA: −$0
• Vacancy / Maint / Mgmt: −$380
• Net cashflow: $1,008

Break-even live

Break-even rent $535

Max offer price $49,000

Occupancy floor 39%

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: $12,250
• Closing costs: $1,470
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1110 Morton Ave Chester, PA	5.0	1.0	1516	$1,900	$1.25	17d	1	0.07mi
1118 Brown St Unit 318 Chester, PA	3.0	1.0	1092	$1,900	$1.74	15d	1	0.19mi
1127 Walnut St Chester, PA	4.0	1.5	1312	$1,600	$1.22	7d	1	0.20mi
610 E 9th St Apt 2 Claymont, DE	3.0	1.0	1760	$1,300	$0.74	43d	1	0.20mi
1016 Potter St Chester, PA	4.0	1.5	1536	$1,750	$1.14	24d	1	0.30mi
1012 Potter St Chester, PA	4.0	1.0	1536	$1,650	$1.07	43d	1	0.30mi
1510 Washington Ave Chester, PA	4.0	1.5	1280	$2,000	$1.56	18d	1	0.38mi
814 Upland St Chester, PA	3.0	1.0	1344	$1,525	$1.13	7d	1	0.41mi
1312 E 13th St Crum Lynne, PA	3.0	1.0	1280	$1,940	$1.52	18d	1	0.55mi
726 E 18th St Chester, PA	3.0	1.5	1584	$2,200	$1.39	15d	1	0.56mi
125 W 21st St Chester, PA	4.0	1.5	1152	$1,850	$1.61	24d	1	0.91mi
330 W 21st St Chester, PA	3.0	1.0	1152	$1,500	$1.30	43d	1	0.97mi
418 Penn St Chester, PA	3.0	1.0	1250	$1,350	$1.08	43d	1	1.02mi
25 W Parkway Ave Chester, PA	3.0	1.0	1324	$1,600	$1.21	5d	1	1.25mi
30 W Roland Rd Brookhaven, PA	3.0	1.0	1424	$1,695	$1.19	43d	1	1.46mi

Listing history 7 events

1. 2026-05-05
   listed $49,000 Active 362-char remark
2. 2023-05-26
   soldstatus $250,000
3. 2023-05-23
   soldstatus $25,000 Closed 564-char remark

   Show marketing remark (564 chars)

   INVESTORS here is your next opportunity! This brick row is less than 1 mile from Widner University and offers many possibilities with its excellent location in the Township. Property has been vacant for some years as evident in the exterior condition with a partial roof collapse. The covered front porch leads you into endless amount of possibilities to make this your dream home or turn it into a profitable investment. * * * Please use caution when on site as the structural integrity is unknown * * * Roof and 2nd floor has collapsed, no interior access.

4. 2023-04-17
   status Pending 564-char remark

   Show marketing remark (564 chars)

   INVESTORS here is your next opportunity! This brick row is less than 1 mile from Widner University and offers many possibilities with its excellent location in the Township. Property has been vacant for some years as evident in the exterior condition with a partial roof collapse. The covered front porch leads you into endless amount of possibilities to make this your dream home or turn it into a profitable investment. * * * Please use caution when on site as the structural integrity is unknown * * * Roof and 2nd floor has collapsed, no interior access.

5. 2023-03-04
   price $36,000 564-char remark

   Show marketing remark (564 chars)

   INVESTORS here is your next opportunity! This brick row is less than 1 mile from Widner University and offers many possibilities with its excellent location in the Township. Property has been vacant for some years as evident in the exterior condition with a partial roof collapse. The covered front porch leads you into endless amount of possibilities to make this your dream home or turn it into a profitable investment. * * * Please use caution when on site as the structural integrity is unknown * * * Roof and 2nd floor has collapsed, no interior access.

6. 2023-02-15
   listed $45,000 Active 564-char remark

   Show marketing remark (564 chars)

   INVESTORS here is your next opportunity! This brick row is less than 1 mile from Widner University and offers many possibilities with its excellent location in the Township. Property has been vacant for some years as evident in the exterior condition with a partial roof collapse. The covered front porch leads you into endless amount of possibilities to make this your dream home or turn it into a profitable investment. * * * Please use caution when on site as the structural integrity is unknown * * * Roof and 2nd floor has collapsed, no interior access.

7. 1979-05-16
   soldstatus $23,000

ⓘ 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: $1,745 · $145/mo
• Projected year-2 tax: $1,745 · $145/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 ≥103°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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,738
• − Mortgage interest: −$2,745
• − Property taxes: −$1,745
• − Insurance: −$245
• − Repairs & maintenance: −$1,739
• − Management: −$1,739
• − Depreciation: −$1,425
• Taxable income: $12,099
• Est. tax owed @ 24.0%: −$2,904
• After-tax cash flow: $9,195/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

+78.3% since first listed

9 events — show timeline

• 2026-06-12 Sold (MLS) $41,000 BRIGHT MLS
• 2026-05-26 Pending — BRIGHT MLS
• 2026-05-05 Listed $49,000 BRIGHT MLS
• 2023-05-26 Sold (Public Records) $250,000 Public Records
• 2023-05-23 Sold (MLS) $25,000 BRIGHT MLS
• 2023-04-17 Pending — BRIGHT MLS
• 2023-03-04 Price Changed $36,000 BRIGHT MLS
• 2023-02-15 Listed $45,000 BRIGHT MLS
• 1979-05-16 Sold (Public Records) $23,000 Public Records

Property tax history

+23.1%/yr

Latest (2026): $1,745 · +143.3% YoY. Source: county tax records.