4701 Pennell Rd Unit A12 · Village Green-Green Ridge, PA 19014

$154,000

1 bd · 1.0 ba · 840 sqft · Condo public records · 113 Days on market

Built 1965 $183/sqft · 8% below area Est $167k · 8% under $380/mo HOA · 25% of rent

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Why this score? — see what drove the D 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 +11.0/15.0
• Cash flow +9.8/30.0
• 1% rule +4.9/10.0
• Schools +4.3/10.0
• DSCR +2.8/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

. This is a 2nd floor end unit and is in very good condition. Because it is on the end you have extra windows and privacy, and the shortest walk to the parking area! . This condo has a great open floor plan, Living room, dining area, a BRAND NEW KITCHEN, nice size bedroom and 1 full bath with a new vanity sink, . Updated kitchen with new stove and tile flooring. In unit stackable laundry. Newly painted thruout in 2026 Newer windows and built-in A/C units. Great place to live, good location with access to all major highway, also can walk to many stores, Planet fitness gym, post office, and so much more. Most utilities are included in the monthly fee. Heat, water, and sewer are included! There is a private storage closet in the basement Nice outdoor pool and small club house. ALERT- the seller willing to give buyer a credit of $2400 at closing toward new carpet or other flooring! See it today!

Key facts

• Built-in a c units
• New kitchen
• End unit

Tags

• END UNIT
• EXTRA WINDOWS
• NEW KITCHEN
• STACKABLE LAUNDRY
• NEWER WINDOWS
• BUILT-IN A C UNITS

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $154k.

Deal economics

• At list price, monthly cash flow is $-98 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $137k (11.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $152k (1.1% below list).
• Recommended offer: $137k (11.2% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Penn-Delco SD (suburban): math 37% / reading 59% proficiency, ranked #174 of 539 in PA (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 16% free/reduced lunch — higher-income household profile.
• Market conditions: 71 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 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 $5k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 113 days — a 9% lower offer ($140k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 21y ago; this cycle's ask has dropped $11k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $70k; list at $154k implies a 120% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 25% of rent.
• 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 $136,717 (11.2% 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. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
3. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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.
10. 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.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.99% ✗
• Cap rate: 5.53%
• Cash-on-cash: -2.72%
• DSCR: 0.88
• GRM: 8.4

CMA / ARV

• ARV (median comp): $166,832
• List price: $154,000
• Delta: -7.69%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -20.7%
• Equity multiple: 0.28×
• Total profit: $-31,017
• Equity at exit: $22,962

10-year hold

• IRR: -13.6%
• Equity multiple: 0.20×
• Total profit: $-34,347
• Equity at exit: $13,315

Cash invested: $43,120 (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 19014

• Active inventory: 71
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,524 high
• Mortgage (P&I): −$808
• Tax from tax record: −$50 /mo · $599/yr
• Insurance: −$64
• HOA: −$380
• Vacancy / Maint / Mgmt: −$320
• Net cashflow: $-98

Break-even live

Break-even rent $1,648

Max offer price $136,717

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: $38,500
• Closing costs: $4,620
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
29 Thomas Rd Aston Township, PA	2.0	1.0	1100	$1,985	$1.80	44d	1	0.55mi
3701 Concord Rd Aston, PA	2.0	1.0	850	$1,497	$1.76	5d	1	0.62mi
5130 Pennell Rd Unit C Media, PA	1.0	1.0	550	$1,450	$2.64	24d	1	0.71mi
3150 Concord Rd Unit B Aston Township, PA	2.0	1.0	850	$1,550	$1.82	11d	1	0.74mi
785 Cherry Tree Rd Aston, PA	1.0–2.0	1.0	700	$1,100	$1.57	44d	1	0.83mi
700 Cherry Tree Rd Unit 00 K-10 Aston Township, PA	1.0	1.0	770	$1,330	$1.73	44d	1	0.89mi
700 Cherry Tree Rd Unit 00 I- 4 Aston Township, PA	2.0	1.0	957	$1,580	$1.65	24d	1	0.89mi
700 Cherry Tree Rd Unit 00 I- 7 Aston Township, PA	1.0	1.0	770	$1,460	$1.90	17d	1	0.89mi
700 Cherry Tree Rd Apt K8 Aston Township, PA	1.0	1.0	770	$1,445	$1.88	44d	1	0.89mi
700 Cherry Tree Rd Apt H6 Aston Township, PA	2.0	1.0	960	$1,445	$1.51	20d	1	0.89mi
700 Cherry Tree Rd Unit 00 C- 1 Aston Township, PA	1.0	1.0	600	$1,375	$2.29	13d	1	0.90mi

HOA detail condo

• Monthly dues: $380 · $4,560/yr
• Likely covers: watersewerpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 16 events

1. 2026-06-17
   status $154,000 Pending 113 DOM
2. 2026-06-07
   statusdays on market $154,000 Active Under Contract 113 DOM
3. 2026-06-04
   days on market $154,000 Active 111 DOM
4. 2026-06-03
   days on market $154,000 Active 110 DOM
5. 2026-06-02
   days on market $154,000 Active 109 DOM
6. 2026-06-01
   days on market $154,000 Active 108 DOM
7. 2026-05-31
   days on market $154,000 Active 107 DOM
8. 2026-05-07
   price $154,000 911-char remark

   Show marketing remark (911 chars)

   . This is a 2nd floor end unit and is in very good condition. Because it is on the end you have extra windows and privacy, and the shortest walk to the parking area! . This condo has a great open floor plan, Living room, dining area, a BRAND NEW KITCHEN, nice size bedroom and 1 full bath with a new vanity sink, . Updated kitchen with new stove and tile flooring. In unit stackable laundry. Newly painted thruout in 2026 Newer windows and built-in A/C units. Great place to live, good location with access to all major highway, also can walk to many stores, Planet fitness gym, post office, and so much more. Most utilities are included in the monthly fee. Heat, water, and sewer are included! There is a private storage closet in the basement Nice outdoor pool and small club house. ALERT- the seller willing to give buyer a credit of $2400 at closing toward new carpet or other flooring! See it today!

9. 2026-03-15
   price $159,000 911-char remark

   Show marketing remark (911 chars)

   . This is a 2nd floor end unit and is in very good condition. Because it is on the end you have extra windows and privacy, and the shortest walk to the parking area! . This condo has a great open floor plan, Living room, dining area, a BRAND NEW KITCHEN, nice size bedroom and 1 full bath with a new vanity sink, . Updated kitchen with new stove and tile flooring. In unit stackable laundry. Newly painted thruout in 2026 Newer windows and built-in A/C units. Great place to live, good location with access to all major highway, also can walk to many stores, Planet fitness gym, post office, and so much more. Most utilities are included in the monthly fee. Heat, water, and sewer are included! There is a private storage closet in the basement Nice outdoor pool and small club house. ALERT- the seller willing to give buyer a credit of $2400 at closing toward new carpet or other flooring! See it today!

10. 2026-02-13
    listed $165,000 Active 911-char remark

    Show marketing remark (911 chars)

    . This is a 2nd floor end unit and is in very good condition. Because it is on the end you have extra windows and privacy, and the shortest walk to the parking area! . This condo has a great open floor plan, Living room, dining area, a BRAND NEW KITCHEN, nice size bedroom and 1 full bath with a new vanity sink, . Updated kitchen with new stove and tile flooring. In unit stackable laundry. Newly painted thruout in 2026 Newer windows and built-in A/C units. Great place to live, good location with access to all major highway, also can walk to many stores, Planet fitness gym, post office, and so much more. Most utilities are included in the monthly fee. Heat, water, and sewer are included! There is a private storage closet in the basement Nice outdoor pool and small club house. ALERT- the seller willing to give buyer a credit of $2400 at closing toward new carpet or other flooring! See it today!

11. 2005-12-21
    soldstatus $70,000
12. 2005-12-16
    soldstatus $70,000 89-char remark

    Show marketing remark (89 chars)

    Second floor 1 bedroom end unit that is convenient to shopping and public transportation.

13. 2005-11-11
    historical 89-char remark

    Show marketing remark (89 chars)

    Second floor 1 bedroom end unit that is convenient to shopping and public transportation.

14. 2005-11-04
    listed $70,000 89-char remark

    Show marketing remark (89 chars)

    Second floor 1 bedroom end unit that is convenient to shopping and public transportation.

15. 1987-06-26
    soldstatus $40,000
16. 1981-10-01
    soldstatus $26,775

ⓘ 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: $599 · $50/mo
• Projected year-2 tax: $1,516 · $126/mo
• Expected delta: +$917/yr (+$76/mo · 153.2%)

ⓘ 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: $18,286
• − Mortgage interest: −$8,626
• − Property taxes: −$599
• − Insurance: −$770
• − Repairs & maintenance: −$1,463
• − Management: −$1,463
• − HOA: −$4,560
• − Depreciation: −$4,480
• Taxable loss: −$3,675
• Est. tax savings @ 24.0%: +$882
• After-tax cash flow: $-292/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: Penn-Delco SD
• NCES district ID: 4218580
• Math proficiency: 37% ▼ -18.00%
• Reading proficiency: 59% ▼ -13.00%
• Median HH income: $71,673
• Composite: 43.11/100
• National rank: #3083
• State rank: #174 of 539 in PA

Livability — Village Green-Green Ridge

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Village Green-Green Ridge, PA
• County: Delaware County · 399,863 people
• City population: 21,242
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 21,427
• Household income: $96,781
• Rent vs Own: 11.5% rent · 88.5% own
• Severe rent burden: 276.0

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 White (86%)
• Race & ethnicity: White 86% Black 9% Two or more races 2% Asian 2% Hispanic / Latino 2%
• Common ancestry: Romanian 9% Italian 2% Iranian 1%
• Foreign-born: 4% · South Korea, Canada
• Languages at home: 95% English-only · Russian/Polish/Slavic 1% Other Indo-European 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: ▼ -260.34%
• Current HPI: 262.8409
• 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

+475.2% since first listed

9 events — show timeline

• 2026-05-07 Price Changed $154,000 BRIGHT MLS
• 2026-03-15 Price Changed $159,000 BRIGHT MLS
• 2026-02-13 Listed $165,000 BRIGHT MLS
• 2005-12-21 Sold (Public Records) $70,000 Public Records
• 2005-12-16 Sold (MLS) $70,000 BRIGHT MLS
• 2005-11-11 Listing Removed — BRIGHT MLS
• 2005-11-04 Listed $70,000 BRIGHT MLS
• 1987-06-26 Sold (Public Records) $40,000 Public Records
• 1981-10-01 Sold (Public Records) $26,775 Public Records

Property tax history

-6.6%/yr

Latest (2026): $599 · -76.1% YoY. Source: county tax records.