1915 Prentis Ave · Portsmouth, VA 23704

$169,900

3 bd · 1.0 ba · 1,120 sqft · SingleFamily public records · 45 Days on market

Built 1920 $152/sqft · 28% below area Est $236k · 28% 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 +22.7/30.0
• ARV discount +15.0/15.0
• DSCR +7.3/10.0
• 1% rule +5.1/10.0
• Schools +3.9/10.0
• Livability +3.7/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Remodeled Victorian In quaint Prentis Place. Move In Ready. Brand new kitchen, bathroom, Windows, Roof, Carpet, Ceiling fans & lights, and appliances including an all-in-one washer/dryer. New back porch fenced in yard and front porch w/Swing. Seller includes Home Warranty, Sideboard Buffet, Two new window air conditioners, and bathroom accessories. Spacious Dining Room and Bedrooms. Make appointment with your Agent or Owner to see anytime.

Key facts

• New kitchen
• New bathroom
• New carpet

Tags

• NEW KITCHEN
• NEW BATHROOM
• NEW WINDOWS
• NEW ROOF
• NEW CARPET
• NEW BACK PORCH

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $293 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $165k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 4.6% in Portsmouth — 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 (#172 in VA) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: employment C-, crime F, commute F.
• Portsmouth City Public School District (urban): math 34% / reading 58% proficiency, ranked #107 of 131 in VA (top 82%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Brighton Elementary (math 12% / reading 32%, grade F, #1,069 of 1,108 statewide, top 97%, 411 students, 97% FRL); Cradock Middle (math 32% / reading 62%, grade D+, #257 of 342 statewide, top 77%, 533 students, 100% FRL); Manor High (math 48% / reading 75%, grade B-, #240 of 319 statewide, top 75%, 1,236 students, 99% FRL) — zoned schools average 99% FRL vs 60% district-wide (39 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.3%/yr); 135 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 300 units permitted in Portsmouth city in 2024 (112 in 5+ unit buildings).
• This rent runs 41% of the median local income ($50k/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.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($165k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 7y 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 $66k; list at $170k implies a 157% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $164,803 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 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 1920 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.01% ✓
• Cap rate: 8.37%
• Cash-on-cash: 7.40%
• DSCR: 1.33
• GRM: 8.3

CMA / ARV

• ARV (median comp): $236,281
• List price: $169,900
• Delta: -28.09%
• 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
1915 Prentis Ave	0.00mi	3/1.0	1,120 (0%)	1mo	$163,000	$146	99
1022 Palmer St	0.08mi	3/1.0	1,135 (+1%)	3mo	$205,000	$181	92
1506 Camden Ave	0.26mi	2/1.0 (-1)	1,138 (+2%)	1mo	$235,000	$207	79
2317 Azalea Ave	0.55mi	3/2.0	1,131 (+1%)	3mo	$260,000	$230	67
2008 Elm Ave	0.09mi	4/2.0 (+1)	1,260 (+12%)	2mo	$260,000	$206	65
2713 Roanoke Ave	0.65mi	3/1.0	1,160 (+4%)	3mo	$105,000	$91	61
1808 Deep Creek Blvd	0.56mi	3/1.0	1,038 (-7%)	2mo	$190,000	$183	60
2711 Evergreen Pl	0.70mi	3/2.0	1,100 (-2%)	2mo	$278,000	$253	59
3000 George Washington Hwy	0.56mi	3/1.0	1,016 (-9%)	2mo	$60,000	$59	56
2214 Deep Creek Blvd	0.64mi	3/2.5	1,205 (+8%)	1mo	$272,000	$226	50
564 Portsmouth Blvd	0.66mi	3/2.0	1,220 (+9%)	0mo	$189,000	$155	50
1536 Centre Ave	0.59mi	3/1.5	975 (-13%)	1mo	$110,000	$113	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 · 3.31% rent growth · sell at horizon

5-year hold

• IRR: -4.7%
• Equity multiple: 0.82×
• Total profit: $-8,351
• Equity at exit: $25,333

10-year hold

• IRR: 5.3%
• Equity multiple: 1.40×
• Total profit: $18,829
• Equity at exit: $14,690

Cash invested: $47,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State Virginia: 55 Moderately Landlord-Leaning · D+2
• County: — inherits STATE
• City: — inherits STATE

VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

Methodology + full state rankings →

ZIP-level market 23704

• Home prices YoY: -4.6%
• Rents YoY: 3.3%
• Active inventory: 135
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,714 high
• Mortgage (P&I): −$891
• Tax from tax record: −$99 /mo · $1,191/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $293

Break-even live

Break-even rent $1,343

Max offer price $169,900

Occupancy floor 78%

Sensitivity live

Price	-10% $390	-5% $342	+0% $293	+5% $245	+10% $197
Rent	-10% $158	-5% $226	+0% $293	+5% $361	+10% $429
Rate	-1.0pp $379	-0.5pp $337	base $293	+0.5pp $249	+1.0pp $205

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2007 Elm Ave Portsmouth, VA	3.0	1.0	903	$1,300	$1.44	22d	1	0.07mi
2111 Atlanta Ave Portsmouth, VA	3.0	2.0	1418	$2,395	$1.69	45d	1	0.19mi
1802 Atlanta Ave Unit 2 Portsmouth, VA	2.0	1.0	1200	$1,500	$1.25	25d	1	0.20mi
923 Randolph St Portsmouth, VA	2.0	1.0	800	$1,062	$1.33	45d	1	0.21mi
1440 Lasalle Ave Portsmouth, VA	4.0	2.0	1493	$2,500	$1.67	25d	1	0.28mi
818 Coolidge St Portsmouth, VA	2.0	1.0	1230	$2,100	$1.71	45d	1	0.33mi
1915 Lansing Ave Portsmouth, VA	3.0	1.0	1085	$1,675	$1.54	5d	1	0.37mi
1416 Richmond Ave Portsmouth, VA	2.0	1.0	1024	$1,150	$1.12	45d	1	0.40mi
1915 Des Moines Ave Portsmouth, VA	3.0	1.0	1070	$1,700	$1.59	25d	1	0.41mi
1915 Des Moines Ave Portsmouth, VA	3.0	1.0	1070	$1,700	$1.59	18d	1	0.41mi
811 Randolph St Unit A Portsmouth, VA	2.0	1.0	800	$1,150	$1.44	45d	1	0.42mi
2756 Peach St Portsmouth, VA	2.0	1.5	1040	$1,495	$1.44	25d	1	0.42mi
1314 Summit Ave Portsmouth, VA	3.0	1.5	1152	$1,750	$1.52	45d	1	0.47mi
2906 Chestnut St Unit 1328007P Portsmouth, VA	2.0	1.0	947	$4,650	$4.91	9d	1	0.53mi
1029 Green St Portsmouth, VA	2.0	1.5	802	$1,199	$1.50	19d	1	0.58mi
1003 Green St Unit 1003 Portsmouth, VA	2.0	1.5	837	$1,195	$1.43	25d	1	0.59mi
548 Madison St Portsmouth, VA	2.0	1.0	900	$1,349	$1.50	18d	3	0.59mi
548 Madison St Unit 542-21-C Portsmouth, VA	2.0	1.0	900	$1,349	$1.50	25d	1	0.60mi
915 Green St Portsmouth, VA	2.0	1.0	837	$1,195	$1.43	45d	1	0.64mi
1447 Talley Cir Portsmouth, VA	3.0	2.5	1440	$2,000	$1.39	25d	1	0.66mi
2810 Roanoke Ave Portsmouth, VA	3.0	1.5	1100	$2,100	$1.91	45d	1	0.70mi
622 Effingham St Portsmouth, VA	2.0–3.0	1.5–2.0	1027	$1,797	$1.75	25d	2	0.74mi
533 Columbia St Portsmouth, VA	2.0	2.0	1110	$1,495	$1.35	45d	1	0.75mi
2304 Nashville Ave Portsmouth, VA	3.0	1.5	1226	$1,395	$1.14	45d	1	0.77mi
1100 High St Portsmouth, VA	2.0–3.0	1.5–2.0	1003	$1,545	$1.54	4d	5	0.78mi
714 King St Portsmouth, VA	2.0	2.0	935	$1,899	$2.03	45d	1	0.79mi
605 Dinwiddie St Unit B Portsmouth, VA	2.0	1.0	900	$1,650	$1.83	45d	1	0.86mi
1140 London Blvd Portsmouth, VA	2.0	2.0	1016	$1,902	$1.87	5d	1	0.94mi
1914 King St Portsmouth, VA	3.0	2.5	1332	$2,200	$1.65	46d	1	0.98mi
231 Edison Ave Unit 231 Portsmouth, VA	2.0	1.5	1050	$1,275	$1.21	12d	1	1.02mi
231 Edison Ave Portsmouth, VA	2.0	1.5	1100	$1,275	$1.16	21d	1	1.02mi
111 High St #409 Portsmouth, VA	2.0	2.5	1078	$2,500	$2.32	9d	1	1.08mi
412 North St Portsmouth, VA	2.0	1.0	850	$1,415	$1.66	25d	2	1.13mi
303 Effingham St Unit N-2K Portsmouth, VA	2.0	1.0	872	$1,375	$1.58	25d	1	1.18mi
303 Effingham St Unit S-2F Portsmouth, VA	3.0	2.0	1122	$1,950	$1.74	25d	1	1.18mi
303 Effingham St Portsmouth, VA	1.0–3.0	1.0–2.0	863	$1,950	$2.26	18d	11	1.18mi
303 Effingham St Unit S-6E Portsmouth, VA	2.0	1.0	879	$1,360	$1.55	25d	1	1.18mi
303 Effingham St Portsmouth, VA	2.0	1.0	872	$1,385	$1.59	45d	1	1.18mi
3304 Killian Ave Portsmouth, VA	3.0	1.0	800	$2,000	$2.50	25d	1	1.22mi
129 Elm Ave Portsmouth, VA	3.0	1.5	1160	$2,600	$2.24	45d	1	1.28mi

Listing history 35 events

1. 2026-05-14
   status Under Contract 447-char remark

   Show marketing remark (447 chars)

   Remodeled Victorian In quaint Prentis Place. Move In Ready. Brand new kitchen, bathroom, Windows, Roof, Carpet, Ceiling fans & lights, and appliances including an all-in-one washer/dryer. New back porch fenced in yard and front porch w/Swing. Seller includes Home Warranty, Sideboard Buffet, Two new window air conditioners, and bathroom accessories. Spacious Dining Room and Bedrooms. Make appointment with your Agent or Owner to see anytime.

2. 2026-04-24
   status Active 447-char remark

   Show marketing remark (447 chars)

   Remodeled Victorian In quaint Prentis Place. Move In Ready. Brand new kitchen, bathroom, Windows, Roof, Carpet, Ceiling fans & lights, and appliances including an all-in-one washer/dryer. New back porch fenced in yard and front porch w/Swing. Seller includes Home Warranty, Sideboard Buffet, Two new window air conditioners, and bathroom accessories. Spacious Dining Room and Bedrooms. Make appointment with your Agent or Owner to see anytime.

3. 2026-04-17
   historical Active Under Contract 447-char remark

   Show marketing remark (447 chars)

   Remodeled Victorian In quaint Prentis Place. Move In Ready. Brand new kitchen, bathroom, Windows, Roof, Carpet, Ceiling fans & lights, and appliances including an all-in-one washer/dryer. New back porch fenced in yard and front porch w/Swing. Seller includes Home Warranty, Sideboard Buffet, Two new window air conditioners, and bathroom accessories. Spacious Dining Room and Bedrooms. Make appointment with your Agent or Owner to see anytime.

4. 2026-03-30
   listed $169,900 Active 447-char remark

   Show marketing remark (447 chars)

   Remodeled Victorian In quaint Prentis Place. Move In Ready. Brand new kitchen, bathroom, Windows, Roof, Carpet, Ceiling fans & lights, and appliances including an all-in-one washer/dryer. New back porch fenced in yard and front porch w/Swing. Seller includes Home Warranty, Sideboard Buffet, Two new window air conditioners, and bathroom accessories. Spacious Dining Room and Bedrooms. Make appointment with your Agent or Owner to see anytime.

5. 2025-10-20
   historical 643-char remark

   Show marketing remark (643 chars)

   Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

6. 2025-10-20
   soldstatus $66,000

   Show marketing remark (643 chars)

   Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

7. 2025-10-17
   soldstatus $66,000 Sold 643-char remark

   Show marketing remark (643 chars)

   Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

8. 2025-10-06
   status Under Contract 643-char remark

   Show marketing remark (643 chars)

   Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

9. 2025-09-30
   price $65,000 643-char remark

   Show marketing remark (643 chars)

   Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

10. 2025-09-12
    status Active 643-char remark

    Show marketing remark (643 chars)

    Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

11. 2025-08-26
    status Under Contract 643-char remark

    Show marketing remark (643 chars)

    Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

12. 2025-07-18
    price $75,000 643-char remark

    Show marketing remark (643 chars)

    Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

13. 2025-07-17
    status Active 643-char remark

    Show marketing remark (643 chars)

    Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

14. 2025-06-19
    status Under Contract 643-char remark

    Show marketing remark (643 chars)

    Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

15. 2025-05-16
    listed $89,900 Active 643-char remark

    Show marketing remark (643 chars)

    Affordable and full of potential, this 3-bedroom, 1-bath home in the heart of Portsmouth offers 1,120 square feet and a deep lot just minutes from Portsmouth Naval Hospital, Norfolk Naval Shipyard, and Olde Towne. Priced at $75,000, it’s a great fit for first-time buyers, military personnel, or small families looking to build equity with a bit of sweat equity. With hardwood floors, a traditional layout, and proximity to parks, schools, and local businesses, this property is great for anyone seeking a budget-friendly home in a growing community. Sold as-is—ask about financing options and renovation loans to make it your own.

16. 2025-03-05
    status Under Contract
17. 2025-03-05
    historical
18. 2025-02-27
    status Active
19. 2025-02-10
    status Under Contract
20. 2025-02-05
    price $89,900
21. 2025-01-29
    listed $99,900 Active
22. 2024-12-12
    historical
23. 2024-12-03
    status Active
24. 2024-11-14
    status Under Contract
25. 2024-11-01
    listed $124,900 Active
26. 2020-03-30
    soldstatus $47,200
27. 2020-02-25
    status Under Contract
28. 2020-02-05
    status Active
29. 2020-02-04
    historical Active Under Contract
30. 2020-01-30
    status Under Contract
31. 2020-01-22
    listed $55,000 Active
32. 2020-01-11
    historical
33. 2020-01-05
    status Active
34. 2019-11-04
    status Under Contract
35. 2019-10-11
    listed $59,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VA · Resets to sale price

• Current annual tax: $1,191 · $99/mo
• Projected year-2 tax: $1,393 · $116/mo
• Expected delta: +$202/yr (+$17/mo · 17.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (shaded) · 48% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 16 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,574
• − Mortgage interest: −$9,517
• − Property taxes: −$1,191
• − Insurance: −$850
• − Repairs & maintenance: −$1,646
• − Management: −$1,646
• − Depreciation: −$4,943
• Taxable income: $782
• Est. tax owed @ 24.0%: −$188
• After-tax cash flow: $3,333/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: Portsmouth City Public School District
• NCES district ID: 5103000
• Math proficiency: 34% ▼ -40.00%
• Reading proficiency: 58% ▼ -12.00%
• Median HH income: $46,152
• Composite: 39.01/100
• National rank: #4071
• State rank: #107 of 131 in VA

Livability — Portsmouth

• Score: 73/100
• State rank: #172
• US rank: #5381

Category grades

Amenities A+ Commute F 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

• Census place: Portsmouth, VA
• County: Portsmouth City · 96,366 people
• City population: 96,366
• Metro: Virginia Beach-Norfolk-Newport News, VA-NC
• Population (ZIP): 19,207
• Household income: $49,583
• Rent vs Own: 59.8% rent · 40.2% own
• Severe rent burden: 1727.0

Population outlook (Portsmouth County) Hauer SSP2

• Today (2025): 96,730 people
• By 2030: 96,760 · +0.0%
• By 2040: 96,573 · -0.2%
• By 2050: 95,606 · -1.2%
• By 2075: 93,579 · -3.3%
• By 2100: 83,756 · -13.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (66%)
• Race & ethnicity: Black 66% White 24% Two or more races 6% Hispanic / Latino 4% Asian 2%
• Common ancestry: Slovak 1% Romanian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2%

Political lean MEDSL · Portsmouth

• 2024 margin: Solid D (+38.6) · D 68.6% · R 30.0% · Other 1.4%
• 2008→2024 swing: -0.7pp no change · 2008: 39.3pp · 2024: 38.6pp
• All cycles: 2024: D+38.6 2020: D+40.8 2016: D+36.5 2012: D+39.6 2008: D+39.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -15.69%
• Current HPI: 322.7335
• Rent YoY: ▲ 3.31%
• Metro: Virginia Beach-Norfolk-Newport News, VA-NC
• State GDP YoY: ▲ 2.40%
• F500 in state: 50

Industry mix (Fortune 500 HQ in VA)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	4	$236B
▸Technology / Defense	3	$32B
▸Financial Services	2	$176B
▸Utilities	2	$27B
▸Insurance	2	$25B
▸Technology	2	$15B

Price history

+188.0% since first listed

35 events — show timeline

• 2026-05-14 Pending — REINMLS
• 2026-04-24 Relisted — REINMLS
• 2026-04-17 Contingent — REINMLS
• 2026-03-30 Listed $169,900 REINMLS
• 2025-10-20 Listing Removed — REINMLS
• 2025-10-20 Sold (Public Records) $66,000 Public Records
• 2025-10-17 Sold (MLS) $66,000 REINMLS
• 2025-10-06 Pending — REINMLS
• 2025-09-30 Price Changed $65,000 REINMLS
• 2025-09-12 Relisted — REINMLS
• 2025-08-26 Pending — REINMLS
• 2025-07-18 Price Changed $75,000 REINMLS
• 2025-07-17 Relisted — REINMLS
• 2025-06-19 Pending — REINMLS
• 2025-05-16 Listed $89,900 REINMLS
• 2025-03-05 Pending — REINMLS
• 2025-03-05 Listing Removed — REINMLS
• 2025-02-27 Relisted — REINMLS
• 2025-02-10 Pending — REINMLS
• 2025-02-05 Price Changed $89,900 REINMLS
• 2025-01-29 Listed $99,900 REINMLS
• 2024-12-12 Listing Removed — REINMLS
• 2024-12-03 Relisted — REINMLS
• 2024-11-14 Pending — REINMLS
• 2024-11-01 Listed $124,900 REINMLS
• 2020-03-30 Sold (Public Records) $47,200 Public Records
• 2020-02-25 Pending — REINMLS
• 2020-02-05 Relisted — REINMLS
• 2020-02-04 Contingent — REINMLS
• 2020-01-30 Pending — REINMLS
• 2020-01-22 Listed $55,000 REINMLS
• 2020-01-11 Listing Removed — REINMLS
• 2020-01-05 Relisted — REINMLS
• 2019-11-04 Pending — REINMLS
• 2019-10-11 Listed $59,000 REINMLS

Property tax history

+2.1%/yr

Latest (2025): $1,191 · +0.8% YoY. Source: county tax records.