3039 T.n. Snow Rd · Fairfax, VA 22030

$270,000

3 bd · 1.0 ba · 1,088 sqft · SingleFamily · 38 Days on market

Built 1993 Fair condition 12 ac lot ↓ 2% since listing

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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 +20.1/30.0
• ARV discount +7.5/15.0
• DSCR +6.4/10.0
• 1% rule +5.3/10.0
• Livability +4.4/5.0
• Schools +3.6/10.0
• Rent growth +2.3/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Working farm that is ready for livestock and a house ready to live in as well. The property has 5000+/- feet of road frontage on T. N. Snow Road. This property contains 116 +/- acres broken down as 65 +/- acres of fenced pasture, 40+/- acres of 3 year old planted loblolly pines, and 10+/- acres of open field with the house. The house is approximatley 1340 sq. ft. and was renovated on the inside in 2015 from a 3 bedroom house to a 1 bedroom rustic cabin/house with huge spacious rooms. The house has a renovated kitchen with island, dining room, living room, and upstairs bedroom. New tin roof installed in 2018. Front and back porches as well. The pasture is high tensile electric fence with streams within pasture for watering livestock. Catch pen/corral on site to work llivestock. Large 5 bay shed behind house to park vehicles or farm equipment to keep them out of the weather. 2 other wooden storage buildings behind house as well. The house has gas heat and window units for AC.

Key facts

• Track lighting
• Chore-time feedbin
• Metal roof

Tags

• METAL ROOF
• FRONT PORCH
• NICE APPLIANCES
• TRACK LIGHTING
• BARN DOOR
• CHORE-TIME FEEDBIN

Property features AI

Finance

• Other: Approximately 11.76 acres

Exterior

• Parking: Off-street parking
• Utilities: Well water; Septic tank
• Home design: Single-family residence; 1 story
• Construction: Wood siding; Metal roof; Built with foundation (standard)
• Exterior features: Garden; Porch; Outbuilding; Storage

Interior

• Kitchen: Electric range; Refrigerator; Electric water heater
• Flooring: Vinyl flooring; Wood flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Propane heating; Has heating
• Interior features: Dryer; Electric range; Refrigerator; Electric water heater
• Laundry & utility: Dedicated laundry room; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $270k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $335 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $270k).
• Recommended offer: $262k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.8% vs local median 2.2% in Fairfax — 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 87/100 on livability (#13 in VA, #315 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, commute A+; Watch: cost of living F.
• Halifax County Public School District (town): math 29% / reading 59% proficiency, ranked #116 of 131 in VA (top 88%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Clays Mill Elementary (math 34% / reading 54%, grade F, #827 of 1,108 statewide, top 77%, 212 students, 94% FRL); Halifax County Middle (math 27% / reading 60%, grade D, #285 of 342 statewide, top 84%, 925 students, 92% FRL); Halifax County High (math 40% / reading 69%, grade C-, #281 of 319 statewide, top 90%, 1,397 students, 90% FRL) — zoned schools average 92% FRL vs 58% district-wide (34 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.6%/yr); 92 active listings in the ZIP; high-income renter base; 97 units permitted in Halifax County in 2024 (0 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.
• Halifax County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($262k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y ago; this cycle's ask has dropped $29k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $261,900 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-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. 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.
6. 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.
7. 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: 1.03% ✓
• Cap rate: 7.78%
• Cash-on-cash: 5.32%
• DSCR: 1.24
• GRM: 8.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -11.5%
• Equity multiple: 0.60×
• Total profit: $-30,523
• Equity at exit: $40,258

10-year hold

• IRR: -7.4%
• Equity multiple: 0.60×
• Total profit: $-30,471
• Equity at exit: $23,345

Cash invested: $75,600 (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 22030

• Rents YoY: -0.6%
• Active inventory: 92
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,786 medium
• Mortgage (P&I): −$1,416
• Tax est. 1.5%: −$338 /mo · $4,050/yr
• Insurance: −$112
• HOA: −$0
• Vacancy / Maint / Mgmt: −$585
• Net cashflow: $335

Break-even live

Break-even rent $2,362

Max offer price $270,000

Occupancy floor 83%

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: $67,500
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-18
   days on market $270,000 Active 38 DOM
2. 2026-06-17
   days on market $270,000 Active 37 DOM
3. 2026-06-16
   days on market $270,000 Active 36 DOM
4. 2026-06-15
   days on market $270,000 Active 35 DOM
5. 2026-06-15
   days on market $270,000 Active 34 DOM
6. 2026-06-13
   days on market $270,000 Active 33 DOM
7. 2026-06-12
   days on market $270,000 Active 32 DOM
8. 2026-06-09
   days on market $270,000 Active 29 DOM
9. 2026-06-08
   days on market $270,000 Active 28 DOM
10. 2026-06-08
    days on market $270,000 Active 27 DOM
11. 2026-06-07
    days on market $270,000 Active 26 DOM
12. 2026-06-03
    days on market $270,000 Active 23 DOM
13. 2026-06-02
    days on market $270,000 Active 22 DOM
14. 2026-06-01
    days on market $270,000 Active 21 DOM
15. 2026-05-31
    days on market $270,000 Active 20 DOM
16. 2026-05-11
    listed $299,000 Active 971-char remark
17. 2025-03-13
    historical Active Under Contract
18. 2025-03-07
    listed $595,000 Active
19. 2020-05-11
    soldstatus $258,500

    Show marketing remark (992 chars)

    Working farm that is ready for livestock and a house ready to live in as well. The property has 5000+/- feet of road frontage on T. N. Snow Road. This property contains 116 +/- acres broken down as 65 +/- acres of fenced pasture, 40+/- acres of 3 year old planted loblolly pines, and 10+/- acres of open field with the house. The house is approximatley 1340 sq. ft. and was renovated on the inside in 2015 from a 3 bedroom house to a 1 bedroom rustic cabin/house with huge spacious rooms. The house has a renovated kitchen with island, dining room, living room, and upstairs bedroom. New tin roof installed in 2018. Front and back porches as well. The pasture is high tensile electric fence with streams within pasture for watering livestock. Catch pen/corral on site to work llivestock. Large 5 bay shed behind house to park vehicles or farm equipment to keep them out of the weather. 2 other wooden storage buildings behind house as well. The house has gas heat and window units for AC.

20. 2019-11-27
    listed $274,900

    Show marketing remark (992 chars)

    Working farm that is ready for livestock and a house ready to live in as well. The property has 5000+/- feet of road frontage on T. N. Snow Road. This property contains 116 +/- acres broken down as 65 +/- acres of fenced pasture, 40+/- acres of 3 year old planted loblolly pines, and 10+/- acres of open field with the house. The house is approximatley 1340 sq. ft. and was renovated on the inside in 2015 from a 3 bedroom house to a 1 bedroom rustic cabin/house with huge spacious rooms. The house has a renovated kitchen with island, dining room, living room, and upstairs bedroom. New tin roof installed in 2018. Front and back porches as well. The pasture is high tensile electric fence with streams within pasture for watering livestock. Catch pen/corral on site to work llivestock. Large 5 bay shed behind house to park vehicles or farm equipment to keep them out of the weather. 2 other wooden storage buildings behind house as well. The house has gas heat and window units for AC.

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

Taxation est. · year 1

• Rental income: $33,435
• − Mortgage interest: −$15,124
• − Property taxes: −$4,050
• − Insurance: −$1,350
• − Repairs & maintenance: −$2,675
• − Management: −$2,675
• − Depreciation: −$7,855
• Taxable loss: −$293
• Est. tax savings @ 24.0%: +$70
• After-tax cash flow: $4,093/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This property has potential for significant value increase with moderate renovations, focusing on updating the bathroom, painting, and landscaping.

Repairs flagged

• Minor bathroom fixtures — need updating
• Minor paint — some peeling
• Minor landscaping — bare yard

Value-add opportunities

• Both painting — enhances curb appeal and interior
• Both landscaping — improves curb appeal and enhances property value
• Both bathroom fixtures — modernizes and improves functionality

Renovation cost estimate screening

Repair item	Severity	Est. cost
bathroom fixtures · need updating	Minor	$500–3,000
paint · some peeling	Minor	$500–3,000
landscaping · bare yard	Minor	$500–3,000
Total estimated repair cost · 3 items		$1,500–9,000

Value-add ROI direction

• Both painting — enhances curb appeal and interior ↑
• Both landscaping — improves curb appeal and enhances property value ↑
• Both bathroom fixtures — modernizes and improves functionality ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Halifax County Public School District
• NCES district ID: 5101770
• Math proficiency: 29% ▼ -51.00%
• Reading proficiency: 59% ▼ -15.00%
• Median HH income: $36,137
• Composite: 36.36/100
• National rank: #4687
• State rank: #116 of 131 in VA

Livability — Fairfax

• Score: 87/100
• State rank: #13
• US rank: #315

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Fairfax County · 1,104,456 people
• City population: 138,134
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 61,332
• Household income: $139,831
• Rent vs Own: 42.1% rent · 57.9% own
• Severe rent burden: 1989.0

Population outlook (Halifax County) Hauer SSP2

• Today (2025): 32,892 people
• By 2030: 31,438 · -4.4%
• By 2040: 28,350 · -13.8%
• By 2050: 25,553 · -22.3%
• By 2075: 20,217 · -38.5%
• By 2100: 14,645 · -55.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 48% Asian 21% Hispanic / Latino 14% Black 12% Two or more races 11%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Italian 2% Romanian 2% Lithuanian 1%
• Foreign-born: 31% · Canada, South Korea, China
• Languages at home: 64% English-only · Spanish 10% Other Indo-European 6% Korean 5%

Political lean MEDSL · Halifax

• 2024 margin: Strong R (+21.1) · D 39.1% · R 60.2%
• 2008→2024 swing: -18.2pp toward R · 2008: -2.8pp · 2024: -21.1pp
• All cycles: 2024: R+21.1 2020: R+15.1 2016: R+16.6 2012: R+5.6 2008: R+2.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -441.31%
• Current HPI: 297.86
• Rent YoY: ▼ -0.64%
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• 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

-1.8% since first listed

6 events — show timeline

• 2026-05-24 Price Changed $270,000 LMLS
• 2026-05-11 Listed $299,000 LMLS
• 2025-03-13 Contingent — SPLLAR
• 2025-03-07 Listed $595,000 SPLLAR
• 2020-05-11 Sold (MLS) $258,500 SPLLAR
• 2019-11-27 Listed $274,900 SPLLAR