310 Grove St · Bridgeport, PA 19405

$274,999

4 bd · 1.0 ba · 1,920 sqft · Townhouse public records · 76 Days on market

Built 1900 1,700 sqft lot $143/sqft · 29% below area Est $385k · 29% 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 +18.5/30.0
• ARV discount +15.0/15.0
• DSCR +5.8/10.0
• Schools +5.2/10.0
• 1% rule +4.8/10.0
• Livability +4.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This Is an Investor Opportunity. Property is ready for the Next FIX & FLIP or Buy and Hold. Two doors down property sold for 390k and with potential Rental income $2500+. Just outside of Philadelphia and close to King of Prussia, Valley Forge and Norristown. This is an Investor Friendly Deal. Property being sold “As IS”

Key facts

• Built 1900
• Listed 75 days

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath townhouse listed at $275k.

Deal economics

• At list price, monthly cash flow is $261 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $269k (2.0% below list).
• Recommended offer: $258k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 4.4% in Bridgeport — 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 (#135 in PA, #1,076 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A; Watch: schools D-.
• Upper Merion Area SD (suburban): math 49% / reading 67% proficiency, ranked #71 of 539 in PA (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 20 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,936 units permitted in Montgomery County in 2024 (530 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Montgomery County population projected at +5% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($258k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 31y 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 $185k; 49% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1900 — 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 $258,499 (6.0% below list)

Questions for the listing agent

1. It's been on market 76 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 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.98% ✗
• Cap rate: 7.43%
• Cash-on-cash: 4.07%
• DSCR: 1.18
• GRM: 8.5

CMA / ARV

• ARV (median comp): $384,924
• List price: $274,999
• Delta: -28.56%
• 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
522 Bush St	0.29mi	4/2.0	1,960 (+2%)	4mo	$395,000	$202	76
33 E Front St	0.22mi	3/3.0 (-1)	1,989 (+4%)	2mo	$470,000	$236	69
26 Anderson Dr	0.24mi	3/3.0 (-1)	1,989 (+4%)	4mo	$460,000	$231	66
37 Anderson Dr	0.22mi	3/3.0 (-1)	1,989 (+4%)	5mo	$460,000	$231	66
35 Anderson Dr	0.23mi	3/3.0 (-1)	1,989 (+4%)	5mo	$462,000	$232	66
18 Anderson Dr	0.26mi	3/3.0 (-1)	1,989 (+4%)	4mo	$459,000	$231	65
7 Ford St Unit A	0.18mi	3/2.5 (-1)	1,741 (-9%)	5mo	$417,000	$240	61
425 Grove St	0.19mi	4/1.5	1,632 (-15%)	5mo	$342,500	$210	60
523 Grove St	0.29mi	3/3.0 (-1)	2,100 (+9%)	1mo	$499,900	$238	57
333 E Penn St	0.60mi	4/3.0	1,796 (-6%)	2mo	$312,000	$174	52
666 Bush St	0.49mi	4/2.0	1,667 (-13%)	1mo	$320,000	$192	50
106 W 5th St	0.55mi	4/1.5	1,662 (-13%)	2mo	$335,000	$202	48

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: -9.9%
• Equity multiple: 0.64×
• Total profit: $-27,888
• Equity at exit: $41,003

10-year hold

• IRR: -0.5%
• Equity multiple: 0.96×
• Total profit: $-2,757
• Equity at exit: $23,777

Cash invested: $77,000 (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 19405

• Home prices YoY: -20.8%
• Active inventory: 20
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $2,695 high
• Mortgage (P&I): −$1,442
• Tax from tax record: −$311 /mo · $3,729/yr
• Insurance: −$115
• HOA: −$0
• Vacancy / Maint / Mgmt: −$566
• Net cashflow: $261

Break-even live

Break-even rent $2,364

Max offer price $274,999

Occupancy floor 85%

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
310 Prospect Ave Bridgeport, PA	4.0	2.5	1920	$3,100	$1.61	43d	1	0.08mi
344 Grove St Bridgeport, PA	4.0	2.0	1484	$2,895	$1.95	43d	1	0.08mi
56 Stewart St Unit 2 Bridgeport, PA	3.0	2.0	1500	$2,100	$1.40	24d	1	0.30mi
436 Coates St Bridgeport, PA	3.0	2.5	1768	$2,500	$1.41	18d	1	0.31mi
106 W 5th St Bridgeport, PA	4.0	1.5	1662	$2,850	$1.71	24d	1	0.57mi
606 Coates Ln King of Prussia, PA	3.0	2.5	1680	$2,950	$1.76	15d	1	0.60mi
613 Walnut St Norristown, PA	3.0	1.0	1526	$1,925	$1.26	5d	1	0.64mi
716 E Marshall St Apt 2 Norristown, PA	3.0	1.0	1920	$1,875	$0.98	43d	1	0.68mi
534 Green St Norristown, PA	4.0	1.0	1612	$1,800	$1.12	21d	1	0.78mi
217 E Marshall St Norristown, PA	5.0	1.5	2142	$2,450	$1.14	4d	1	0.79mi
221 E Wood St Norristown, PA	4.0	1.0	1527	$2,277	$1.49	43d	1	1.11mi
211 E Poplar St Norristown, PA	3.0	1.5	1414	$2,350	$1.66	43d	1	1.16mi
119 Pearl St Norristown, PA	3.0	2.0	1428	$1,750	$1.23	18d	1	1.18mi
119 Pearl St Unit 1 Norristown, PA	3.0	1.5	1428	$1,750	$1.23	18d	1	1.18mi
126 W Elm St Norristown, PA	4.0	1.5	1500	$2,000	$1.33	15d	1	1.20mi
224 Lilac St King of Prussia, PA	3.0	2.5	1806	$3,950	$2.19	5d	1	1.21mi
610 Brentwood Ct King of Prussia, PA	3.0	2.5	1896	$3,200	$1.69	11d	1	1.22mi
206 Chain St Norristown, PA	3.0	1.0	1440	$2,200	$1.53	43d	1	1.22mi
540 George St Norristown, PA	5.0	2.0	2054	$2,595	$1.26	24d	1	1.30mi
681 Summit St King of Prussia, PA	3.0	2.0	1929	$2,200	$1.14	5d	1	1.31mi
357 Aspen Way King of Prussia, PA	3.0	2.5	2176	$4,500	$2.07	43d	1	1.35mi
712 George St Unit 2 Norristown, PA	4.0	1.0	1485	$2,500	$1.68	43d	1	1.37mi
542 Stanbridge St #1 Norristown, PA	3.0	1.0	1400	$2,200	$1.57	24d	1	1.50mi

Listing history 36 events

1. 2026-06-18
   days on market $274,999 Active 76 DOM
2. 2026-06-17
   days on market $274,999 Active 75 DOM
3. 2026-06-16
   days on market $274,999 Active 74 DOM
4. 2026-06-15
   days on market $274,999 Active 73 DOM
5. 2026-06-13
   days on market $274,999 Active 71 DOM
6. 2026-06-09
   days on market $274,999 Active 67 DOM
7. 2026-06-08
   days on market $274,999 Active 66 DOM
8. 2026-06-07
   days on market $274,999 Active 65 DOM
9. 2026-06-04
   days on market $274,999 Active 62 DOM
10. 2026-06-03
    days on market $274,999 Active 61 DOM
11. 2026-06-02
    days on market $274,999 Active 60 DOM
12. 2026-06-01
    days on market $274,999 Active 59 DOM
13. 2026-05-31
    days on market $274,999 Active 58 DOM
14. 2026-04-03
    listed $274,999 Active 339-char remark

    Show marketing remark (339 chars)

    This Is an Investor Opportunity. Property is ready for the Next FIX & FLIP or Buy and Hold. Two doors down property sold for 390k and with potential Rental income $2500+. Just outside of Philadelphia and close to King of Prussia, Valley Forge and Norristown. This is an Investor Friendly Deal. Property being sold “As IS”

15. 2025-07-14
    soldstatus $185,000
16. 2016-02-02
    soldstatus $125,000
17. 2016-02-01
    soldstatus $125,000 Sold 1012-char remark

    Show marketing remark (1012 chars)

    Welcome To Your New Home! This Affordable And Spacious Home Is Priced To Please All Who See It. Welcoming Front Covered Porch With Gate To Keep Pets And Little Ones Safe. Very Large Living Room Able To Accommodate Your Big Screen TV. Eat In Kitchen With Newer Counters, Appliances and Plenty Of Cabinetry. Entertain With Ease As Your Guests Have Plenty of Room To Gather In The Kitchen & Dining Room With Open Wall To Allow For Conversation. One Spacious And One Smaller Bedroom On The Second Floor. Two Larger Bedrooms Occupy The Third Floor. All Bedrooms Are Equipped With Large Closets. Powder Room On The First Floor For Guests And Full Bath On Second Floor. Storage And Laundry In The Basement. Nice Yard With Possible Off Street Parking In The Back. New Restaurant Across The Street With Great Decor And Food For Those Nights You Don't Want To Cook! Close To Public Transportation, All Major Highways and Quick Access To Conshohocken. Shopping & Dining Nearby At The Legendary King Of Prussia Mall.

18. 2016-02-01
    soldstatus $125,000

    Show marketing remark (1012 chars)

    Welcome To Your New Home! This Affordable And Spacious Home Is Priced To Please All Who See It. Welcoming Front Covered Porch With Gate To Keep Pets And Little Ones Safe. Very Large Living Room Able To Accommodate Your Big Screen TV. Eat In Kitchen With Newer Counters, Appliances and Plenty Of Cabinetry. Entertain With Ease As Your Guests Have Plenty of Room To Gather In The Kitchen & Dining Room With Open Wall To Allow For Conversation. One Spacious And One Smaller Bedroom On The Second Floor. Two Larger Bedrooms Occupy The Third Floor. All Bedrooms Are Equipped With Large Closets. Powder Room On The First Floor For Guests And Full Bath On Second Floor. Storage And Laundry In The Basement. Nice Yard With Possible Off Street Parking In The Back. New Restaurant Across The Street With Great Decor And Food For Those Nights You Don't Want To Cook! Close To Public Transportation, All Major Highways and Quick Access To Conshohocken. Shopping & Dining Nearby At The Legendary King Of Prussia Mall.

19. 2015-12-15
    historical
20. 2015-11-30
    status Under Contract 1012-char remark

    Show marketing remark (1012 chars)

    Welcome To Your New Home! This Affordable And Spacious Home Is Priced To Please All Who See It. Welcoming Front Covered Porch With Gate To Keep Pets And Little Ones Safe. Very Large Living Room Able To Accommodate Your Big Screen TV. Eat In Kitchen With Newer Counters, Appliances and Plenty Of Cabinetry. Entertain With Ease As Your Guests Have Plenty of Room To Gather In The Kitchen & Dining Room With Open Wall To Allow For Conversation. One Spacious And One Smaller Bedroom On The Second Floor. Two Larger Bedrooms Occupy The Third Floor. All Bedrooms Are Equipped With Large Closets. Powder Room On The First Floor For Guests And Full Bath On Second Floor. Storage And Laundry In The Basement. Nice Yard With Possible Off Street Parking In The Back. New Restaurant Across The Street With Great Decor And Food For Those Nights You Don't Want To Cook! Close To Public Transportation, All Major Highways and Quick Access To Conshohocken. Shopping & Dining Nearby At The Legendary King Of Prussia Mall.

21. 2015-11-14
    listed $135,000 Active 1012-char remark

    Show marketing remark (1012 chars)

    Welcome To Your New Home! This Affordable And Spacious Home Is Priced To Please All Who See It. Welcoming Front Covered Porch With Gate To Keep Pets And Little Ones Safe. Very Large Living Room Able To Accommodate Your Big Screen TV. Eat In Kitchen With Newer Counters, Appliances and Plenty Of Cabinetry. Entertain With Ease As Your Guests Have Plenty of Room To Gather In The Kitchen & Dining Room With Open Wall To Allow For Conversation. One Spacious And One Smaller Bedroom On The Second Floor. Two Larger Bedrooms Occupy The Third Floor. All Bedrooms Are Equipped With Large Closets. Powder Room On The First Floor For Guests And Full Bath On Second Floor. Storage And Laundry In The Basement. Nice Yard With Possible Off Street Parking In The Back. New Restaurant Across The Street With Great Decor And Food For Those Nights You Don't Want To Cook! Close To Public Transportation, All Major Highways and Quick Access To Conshohocken. Shopping & Dining Nearby At The Legendary King Of Prussia Mall.

22. 2015-11-13
    listed $135,000
23. 2011-02-10
    historical
24. 2010-11-14
    listed $167,000
25. 2010-03-22
    historical
26. 2009-12-27
    listed $189,000
27. 2008-11-19
    historical
28. 2008-10-27
    listed $209,000
29. 2005-04-18
    soldstatus $155,000
30. 2005-03-31
    soldstatus $155,000
31. 2005-01-05
    listed $155,000
32. 1995-06-21
    soldstatus $88,000
33. 1995-05-23
    soldstatus $88,000
34. 1995-02-14
    historical
35. 1995-01-18
    listed $88,000
36. 1990-08-22
    soldstatus $88,000

ⓘ 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: $3,729 · $311/mo
• Projected year-2 tax: $4,037 · $336/mo
• Expected delta: +$308/yr (+$26/mo · 8.3%)

ⓘ 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 ≥101°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 · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,338
• − Mortgage interest: −$15,404
• − Property taxes: −$3,729
• − Insurance: −$1,375
• − Repairs & maintenance: −$2,587
• − Management: −$2,587
• − Depreciation: −$8,000
• Taxable loss: −$1,344
• Est. tax savings @ 24.0%: +$323
• After-tax cash flow: $3,460/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: Upper Merion Area SD
• NCES district ID: 4224480
• Math proficiency: 49% ▼ -8.00%
• Reading proficiency: 67% ▼ -2.00%
• Median HH income: $77,301
• Composite: 51.96/100
• National rank: #1645
• State rank: #71 of 539 in PA

Livability — Bridgeport

• Score: 82/100
• State rank: #135
• US rank: #1076

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bridgeport, PA
• Population (ZIP): 5,167

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 856,074 people
• By 2030: 870,887 · +1.7%
• By 2040: 891,195 · +4.1%
• By 2050: 896,417 · +4.7%
• By 2075: 903,212 · +5.5%
• By 2100: 843,240 · -1.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 58% Hispanic / Latino 15% Two or more races 14% Asian 6% Black 3%
• Hispanic origin (detail): Mexican 6% Puerto Rican 7%
• Common ancestry: Romanian 12% Scotch-Irish 5% Slovak 3%
• Foreign-born: 14% · Canada, China
• Languages at home: 83% English-only · Spanish 9% Other Indo-European 4% Russian/Polish/Slavic 1%

Political lean MEDSL · Montgomery

• 2024 margin: Strong D (+22.8) · D 60.9% · R 38.1% · Other 1.1%
• 2008→2024 swing: +2.0pp toward D · 2008: 20.8pp · 2024: 22.8pp
• All cycles: 2024: D+22.8 2020: D+26.3 2016: D+21.1 2012: D+14.3 2008: D+20.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -86.29%
• Current HPI: 328.9682
• 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

+212.5% since first listed

23 events — show timeline

• 2026-04-03 Listed $274,999 BRIGHT MLS
• 2025-07-14 Sold (Public Records) $185,000 Public Records
• 2016-02-02 Sold (Public Records) $125,000 Public Records
• 2016-02-01 Sold (MLS) $125,000 BRIGHT MLS
• 2016-02-01 Sold (MLS) $125,000 TREND
• 2015-12-15 Listing Removed — BRIGHT MLS
• 2015-11-30 Pending — TREND
• 2015-11-14 Listed $135,000 TREND
• 2015-11-13 Listed $135,000 BRIGHT MLS
• 2011-02-10 Listing Removed — BRIGHT MLS
• 2010-11-14 Listed $167,000 BRIGHT MLS
• 2010-03-22 Listing Removed — BRIGHT MLS
• 2009-12-27 Listed $189,000 BRIGHT MLS
• 2008-11-19 Listing Removed — BRIGHT MLS
• 2008-10-27 Listed $209,000 BRIGHT MLS
• 2005-04-18 Sold (Public Records) $155,000 Public Records
• 2005-03-31 Sold (MLS) $155,000 BRIGHT MLS
• 2005-01-05 Listed $155,000 BRIGHT MLS
• 1995-06-21 Sold (Public Records) $88,000 Public Records
• 1995-05-23 Sold (MLS) $88,000 BRIGHT MLS
• 1995-02-14 Listing Removed — BRIGHT MLS
• 1995-01-18 Listed $88,000 BRIGHT MLS
• 1990-08-22 Sold (Public Records) $88,000 Public Records

Property tax history

+2.1%/yr

Latest (2026): $3,729 · +6.4% YoY. Source: county tax records.