1427 Elmwood Ave · Sharon Hill, PA 19079

$189,999

5 bd · 2.0 ba · 1,613 sqft · SingleFamily public records · 2 Days on market

Built 1935 4,792 sqft lot Est $352k · 46% under

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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 +20.6/30.0
• ARV discount +15.0/15.0
• 1% rule +8.2/10.0
• DSCR +6.5/10.0
• Livability +4.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Attention investors, flippers and savvy buyers. Welcome to 1427 Elmwood Avenue in Sharon Hill, a full renovation opportunity ready for its next transformation. Property features a private driveway, enclosed front porch, spacious living room, formal dining room and kitchen with access to the rear deck and yard. A detached garage is located at the end of the driveway. Upstairs, you'll find three bedrooms, a hall bath and walk-up access to the attic. The full unfinished basement provides additional storage and utility space. Whether you're looking for your next fix-and-flip project, a long-term rental addition, or an opportunity to renovate and build equity, this home offers the layout and pot

Key facts

• Formal dining room
• Private driveway
• Access to rear deck

Tags

• PRIVATE DRIVEWAY
• ENCLOSED FRONT PORCH
• SPACIOUS LIVING ROOM
• FORMAL DINING ROOM
• ACCESS TO REAR DECK
• DETACHED GARAGE

Property features AI

Exterior

• Parking: Detached front-entry garage; Driveway parking
• Utilities: Public water; Public sewer; Natural gas service
• Home design: Detached structure
• Construction: Asbestos construction material; Other-type foundation; Built as of assessor records
• Exterior features: Front and rear yard; Deck(s), enclosed outdoor living area, and porch(es)

Interior

• Bedrooms: Three bedrooms on the upper level
• Bathrooms: One full bathroom
• Heating & cooling: Hot water heating; Natural gas heating and hot water
• Interior features: Full, unfinished basement

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $253 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $190k).
• Cap rate 7.9% vs local median 3.2% in Sharon Hill — 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 82/100 on livability (#142 in PA, #1,147 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A; Watch: amenities D.
• Southeast Delco SD (suburban): math 13% / reading 33% proficiency, ranked #478 of 539 in PA (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Sharon Hill Sch (math 8% / reading 32%, grade F, #1,259 of 1,518 statewide, top 84%, 573 students, 100% FRL); Academy Park Hs (math 31% / reading 39%, grade F, #311 of 437 statewide, top 71%, 1,355 students, 95% FRL) — zoned schools average 98% FRL vs 63% district-wide (35 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 35 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $77k; list at $190k implies a 147% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 4.1% of price; built in 1935 — 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 $189,999

Questions for the listing agent

1. Built in 1935 — 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. 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: 1.32% ✓
• Cap rate: 7.89%
• Cash-on-cash: 5.70%
• DSCR: 1.25
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $351,634
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
415 Garfield Ave	0.19mi	4/1.5 (-1)	1,648 (+2%)	19mo	$360,000	$218	65
900 Greenhill Rd	0.28mi	5/2.5	1,710 (+6%)	22mo	$300,000	$175	57
41 E Logan Ave	0.72mi	4/1.5 (-1)	1,600 (-1%)	4mo	$300,000	$188	54
4 N Chester Pike	0.65mi	4/3.0 (-1)	1,652 (+2%)	4mo	$385,000	$233	53
37 N Ridgeway Ave	0.39mi	4/3.0 (-1)	1,853 (+15%)	13mo	$345,000	$186	37
535 Ashland Ave	0.48mi	6/4.0 (+1)	1,777 (+10%)	13mo	$435,000	$245	37

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: -7.3%
• Equity multiple: 0.73×
• Total profit: $-14,388
• Equity at exit: $28,329

10-year hold

• IRR: 2.5%
• Equity multiple: 1.18×
• Total profit: $9,403
• Equity at exit: $16,428

Cash invested: $53,200 (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 19079

• Home prices YoY: -17.7%
• Active inventory: 35
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $2,508 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$653 /mo · $7,838/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$527
• Net cashflow: $253

Break-even live

Break-even rent $2,188

Max offer price $189,999

Occupancy floor 85%

Sensitivity live

Price	-10% $360	-5% $307	+0% $253	+5% $199	+10% $145
Rent	-10% $55	-5% $154	+0% $253	+5% $352	+10% $451
Rate	-1.0pp $349	-0.5pp $301	base $253	+0.5pp $204	+1.0pp $154

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
820 Greenhill Rd Sharon Hill, PA	4.0	2.0	1184	$2,600	$2.20	6d	1	0.24mi
100 E Glenolden Ave Glenolden, PA	1.0–4.0	1.0–2.0	920	$2,650	$2.88	0d	4	0.98mi
777 Bennington Rd Folcroft, PA	4.0	1.5	1488	$2,800	$1.88	45d	1	1.02mi
209 Hamilton Ave Darby, PA	4.0	1.0	1400	$1,595	$1.14	16d	1	1.27mi

Listing history 4 events

1. 2026-06-18
   status $189,999 Pending 2 DOM
2. 2026-06-17
   days on market $189,999 Active 2 DOM
3. 2026-06-15
   remarks 699-char remark
4. 2026-06-15
   listed $189,999 Active 1 DOM

ⓘ 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: $7,838 · $653/mo
• Projected year-2 tax: $7,838 · $653/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 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 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,100
• − Mortgage interest: −$10,643
• − Property taxes: −$7,838
• − Insurance: −$950
• − Repairs & maintenance: −$2,408
• − Management: −$2,408
• − Depreciation: −$5,527
• Taxable income: $326
• Est. tax owed @ 24.0%: −$78
• After-tax cash flow: $2,956/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: Southeast Delco SD
• NCES district ID: 4222400
• Math proficiency: 13% ▼ -8.00%
• Reading proficiency: 33% ▼ -9.00%
• Median HH income: $49,309
• Composite: 20.25/100
• National rank: #8623
• State rank: #478 of 539 in PA

Livability — Sharon Hill

• Score: 82/100
• State rank: #142
• US rank: #1147

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sharon Hill, PA
• Population (ZIP): 9,014

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 (80%)
• Race & ethnicity: Black 80% White 12% Two or more races 6% Hispanic / Latino 4% Asian 1%
• Common ancestry: Romanian 1% Hispanic 1%
• Foreign-born: 10% · Canada, China
• Languages at home: 93% English-only · Chinese 1% Spanish 1%

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: ▼ -71.04%
• Current HPI: 330.4912
• Rent YoY: —
• Metro: —
• 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

+323.2% since first listed

4 events — show timeline

• 2026-06-15 Listed $189,999 BRIGHT MLS
• 1989-08-18 Sold (Public Records) $77,000 Public Records
• 1989-08-18 Sold (Public Records) $77,000 Public Records
• 1982-11-01 Sold (Public Records) $44,900 Public Records

Property tax history

+5.8%/yr

Latest (2026): $7,838 · +83.2% YoY. Source: county tax records.