7418 River Rd · Philadelphia, PA 08110

$174,900

3 bd · 1.0 ba · 1,230 sqft · SingleFamily public records · 47 Days on market

Built 1924 3,550 sqft lot Est $310k · 44% 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 +29.8/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.4/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Smart Investor--come and get it! Huge victorian twin with loads of potential. Home is being sold in strictly "as is" condition. Buyer responsible for any/all reapirs and/or certifications includuing: Certificate of occupancy inspection/certifications/repairs; Smoke/carbon monoxide inspection/certification; termite inspection/repairs/certification (if required); mortgage company repairs/certifications; home inspection repairs/certifications.

Key facts

• Solid foundation
• Off-street parking
• Conveniently located

Tags

• OFF-STREET PARKING
• SOLID FOUNDATION
• CONVENIENTLY LOCATED

Property features AI

Finance

• Other: Lease not considered; Pets allowed with no restrictions

Exterior

• Parking: Two off-street parking spaces; Parking includes alley and driveway access (total 2 garage/parking spaces)
• Utilities: Public water; Public sewer
• Home design: Semi-detached property; Shingle roof; Fee simple ownership; Built year source: Assessor
• Construction: Frame construction with vinyl siding; Block foundation; Building not winterized; Property condition listed as below average
• Exterior features: Lot dimensions approximately 25 x 142; Not in a federal flood zone; Other structures above and below grade

Interior

• Kitchen: Kitchen (appliances not specified)
• Bedrooms: Three bedrooms on the upper level (3 total)
• Bathrooms: One full bathroom on the main level (1 total)
• Heating & cooling: Forced air heating; Natural gas heating fuel
• Interior features: Full basement; Dining room; Family room; Mud room
• Laundry & utility: Hot water provided by natural gas

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $644 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $175k).
• Recommended offer: $170k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.7% vs local median 3.5% in Philadelphia — 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 77/100 on livability (#348 in PA, #3,054 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment C-, schools D+, crime F.
• Pennsauken Township Board Of Education School District (suburban): math 12% / reading 32% proficiency, ranked #410 of 472 in NJ (top 87%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 8 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,018 units permitted in Camden County in 2024 (509 in 5+ unit buildings).
• This rent runs 36% of the median local income ($84k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Camden County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $49k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 47 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 21y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $58k; list at $175k implies a 204% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1924 — 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 $169,653 (3.0% below list)

Questions for the listing agent

1. It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-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: 1.44% ✓
• Cap rate: 10.71%
• Cash-on-cash: 15.77%
• DSCR: 1.70
• GRM: 5.8

CMA / ARV

• ARV (on-the-fly): $309,960
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7318 Zimmerman Ave	0.23mi	3/2.0	1,321 (+7%)	7mo	$360,000	$273	67
8412 Bannard Ave	0.65mi	3/1.5	1,216 (-1%)	5mo	$195,000	$160	61
8220 Stow Rd	0.43mi	3/1.5	1,272 (+3%)	14mo	$320,000	$252	60
7924 River Rd	0.29mi	4/1.0 (+1)	1,356 (+10%)	6mo	$160,000	$118	59
525 Derousse Ave	0.10mi	4/1.0 (+1)	1,074 (-13%)	12mo	$160,000	$149	59
1556 Velde Ave	0.45mi	3/1.5	1,344 (+9%)	8mo	$350,000	$260	54
7929 Stow Rd	0.28mi	3/1.0	1,056 (-14%)	12mo	$265,000	$251	53
8455 Balfour Rd	0.74mi	3/1.5	1,199 (-2%)	10mo	$285,000	$238	50
7325 Remington Ave	0.45mi	3/2.0	1,132 (-8%)	15mo	$302,000	$267	49
479 Cove Rd	0.65mi	3/1.5	1,124 (-9%)	12mo	$304,900	$271	43
1521 Cove Rd	0.72mi	3/2.5	1,319 (+7%)	9mo	$425,000	$322	41
8461 Holman Ave	0.71mi	3/2.5	1,296 (+5%)	15mo	$305,000	$235	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 6.7%
• Equity multiple: 1.26×
• Total profit: $12,768
• Equity at exit: $26,078

10-year hold

• IRR: 16.1%
• Equity multiple: 2.31×
• Total profit: $64,390
• Equity at exit: $15,122

Cash invested: $48,972 (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 08110

• Home prices YoY: -10.9%
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $2,516 high
• Mortgage (P&I): −$917
• Tax from tax record: −$354 /mo · $4,249/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$528
• Net cashflow: $644

Break-even live

Break-even rent $1,701

Max offer price $174,900

Occupancy floor 69%

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: $43,725
• Closing costs: $5,247
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8117 Stow Rd Pennsauken, NJ	3.0	1.0	1056	$2,450	$2.32	5d	1	0.38mi
1535 Gross Ave Pennsauken, NJ	3.0	1.0	1272	$2,150	$1.69	24d	1	0.97mi
7406 Jackson Ave Pennsauken, NJ	3.0	2.0	1344	$2,900	$2.16	17d	1	0.99mi
2277 Hollinshed Ave Pennsauken, NJ	3.0	1.5	1164	$2,400	$2.06	24d	1	1.24mi
5729 Irving Ave Pennsauken, NJ	3.0	1.5	1200	$2,150	$1.79	16d	1	1.36mi
4601 High St Pennsauken, NJ	1.0–2.0	1.0	800	$1,675	$2.09	2d	4	1.43mi
6366 Rogers Ave Unit 3 Pennsauken Township, NJ	3.0	1.0	1100	$2,100	$1.91	24d	1	1.46mi
2323 Browning Rd Pennsauken, NJ	3.0	1.0	923	$2,500	$2.71	24d	1	1.47mi

Listing history 7 events

1. 2026-05-14
   status Pending
2. 2026-04-28
   price $174,900
3. 2026-03-28
   listed $185,000 Active
4. 2005-04-18
   soldstatus $57,500
5. 2005-04-04
   soldstatus $57,500 458-char remark

   Show marketing remark (458 chars)

   Smart Investor--come and get it! Huge victorian twin with loads of potential. Home is being sold in strictly "as is" condition. Buyer responsible for any/all reapirs and/or certifications includuing: Certificate of occupancy inspection/certifications/repairs; Smoke/carbon monoxide inspection/certification; termite inspection/repairs/certification (if required); mortgage company repairs/certifications; home inspection repairs/certifications.

6. 2005-01-07
   listed $57,500 458-char remark

   Show marketing remark (458 chars)

   Smart Investor--come and get it! Huge victorian twin with loads of potential. Home is being sold in strictly "as is" condition. Buyer responsible for any/all reapirs and/or certifications includuing: Certificate of occupancy inspection/certifications/repairs; Smoke/carbon monoxide inspection/certification; termite inspection/repairs/certification (if required); mortgage company repairs/certifications; home inspection repairs/certifications.

7. 1982-06-01
   soldstatus $23,500

ⓘ 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: $4,249 · $354/mo
• Projected year-2 tax: $4,249 · $354/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 6/10 Major 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 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,193
• − Mortgage interest: −$9,797
• − Property taxes: −$4,249
• − Insurance: −$874
• − Repairs & maintenance: −$2,415
• − Management: −$2,415
• − Depreciation: −$5,088
• Taxable income: $5,354
• Est. tax owed @ 24.0%: −$1,285
• After-tax cash flow: $6,438/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: Pennsauken Township Board Of Education School District
• NCES district ID: 3412870
• Math proficiency: 12% ▼ -16.00%
• Reading proficiency: 32% ▼ -3.00%
• Median HH income: $60,336
• Composite: 20.48/100
• National rank: #8573
• State rank: #410 of 472 in NJ

Livability — Philadelphia

• Score: 77/100
• State rank: #348
• US rank: #3054

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Camden County
• City population: 1,559,001
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 19,158
• Household income: $83,729
• Rent vs Own: 27.7% rent · 72.3% own
• Severe rent burden: 404.0

Population outlook (Camden County) Hauer SSP2

• Today (2025): 507,964 people
• By 2030: 502,182 · -1.1%
• By 2040: 485,602 · -4.4%
• By 2050: 465,630 · -8.3%
• By 2075: 419,986 · -17.3%
• By 2100: 369,492 · -27.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: Hispanic / Latino 46% Black 30% White 14% Two or more races 13% Asian 7% Native American 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 17% Dominican 16%
• Common ancestry: Romanian 2% Hispanic 1% Iranian 1%
• Foreign-born: 28% · Canada, Vietnam, Jamaica
• Languages at home: 52% English-only · Spanish 35% Vietnamese 4% French/Haitian/Cajun 1%

Political lean MEDSL · Camden

• 2024 margin: Strong D (+27.4) · D 63.0% · R 35.5% · Other 1.5%
• 2008→2024 swing: -8.8pp toward R · 2008: 36.2pp · 2024: 27.4pp
• All cycles: 2024: D+27.4 2020: D+33.5 2016: D+32.4 2012: D+36.6 2008: D+36.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.44%
• Current HPI: 436.2879
• 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

+644.3% since first listed

7 events — show timeline

• 2026-05-14 Pending — BRIGHT MLS
• 2026-04-28 Price Changed $174,900 BRIGHT MLS
• 2026-03-28 Listed $185,000 BRIGHT MLS
• 2005-04-18 Sold (Public Records) $57,500 Public Records
• 2005-04-04 Sold (MLS) $57,500 BRIGHT MLS
• 2005-01-07 Listed $57,500 BRIGHT MLS
• 1982-06-01 Sold (Public Records) $23,500 Public Records

Property tax history

+1.9%/yr

Latest (2025): $4,249 · +1.3% YoY. Source: county tax records.