4437 Clairton Rd · Richmond, VA 23234

$175,000

3 bd · 1.5 ba · 1,509 sqft · SingleFamily public records · 2 Days on market

Built 1966 0.41 ac lot $116/sqft · 43% below area Est $307k · 43% under

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Why this score? — see what drove the B 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 +26.1/30.0
• ARV discount +15.0/15.0
• DSCR +8.8/10.0
• 1% rule +7.0/10.0
• Schools +5.2/10.0
• Livability +4.2/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Investor special! Don't miss an opportunity for a 3 bedroom brick home at a great price in Chesterfield County. Property is being sold as-is.

Key facts

• 0.41 acre lot
• Garage
• Built 1966

Property features AI

Exterior

• Parking: Detached garage; Driveway (paved); Garage with 1 parking space
• Utilities: Public water; Public sewer
• Home design: Single-story home; Resale property
• Construction: Brick, frame, drywall, and wood siding construction; Shingle roof; Built (actual year not provided)
• Exterior features: Paved driveway; Chain link fenced backyard; Fenced yard; Garage(s) on property

Interior

• Kitchen: Kitchen on first level
• Bedrooms: Bedroom 2 on first level; Bedroom 3 on first level
• Bathrooms: 2 full bathrooms; Bathroom with tub & shower
• Heating & cooling: Heat pump; Electric heating; Oil heating; Central air conditioning
• Interior features: Bedroom on main level; Main level primary; Crawl space basement; Wood-burning fireplace
• Laundry & utility: Laundry room on first level; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $441 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Cap rate 9.3% vs local median 3.3% in Richmond — 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 84/100 on livability (#33 in VA, #793 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime D-.
• Chesterfield County Public School District (suburban): math 52% / reading 64% proficiency, ranked #57 of 131 in VA (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.9%/yr); 233 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 2,307 units permitted in Chesterfield County in 2024 (462 in 5+ unit buildings).
• This rent runs 38% of the median local income ($67k/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.
• Chesterfield County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% 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 $175,000

Questions for the listing agent

1. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. Crime grade is D 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?
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: 1.20% ✓
• Cap rate: 9.32%
• Cash-on-cash: 10.80%
• DSCR: 1.48
• GRM: 7.0

CMA / ARV

• ARV (median comp): $307,435
• List price: $175,000
• Delta: -43.08%
• 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
4437 Clairton Rd	0.00mi	3/2.0	1,509 (0%)	1mo	$200,000	$133	97
4401 Fieldstone Ct	0.27mi	3/2.0	1,560 (+3%)	1mo	$340,000	$218	79
4404 Fieldstone Ct	0.24mi	3/2.0	1,560 (+3%)	3mo	$306,500	$196	79
5631 Swan Dr	0.38mi	2/2.0 (-1)	1,495 (-1%)	6mo	$280,000	$187	69
5942 Jessup Rd	0.65mi	3/1.5	1,588 (+5%)	8mo	$313,000	$197	55
4003 Laughton Ct	0.54mi	3/2.5	1,400 (-7%)	6mo	$325,000	$232	54
3901 Old Creek Rd	0.60mi	3/2.5	1,400 (-7%)	3mo	$350,000	$250	53
4237 Richwine Rd	0.74mi	3/1.5	1,430 (-5%)	6mo	$295,000	$206	51
3620 Pierson Dr	0.73mi	3/2.0	1,392 (-8%)	3mo	$360,000	$259	49
4219 Richwine Rd	0.74mi	3/1.5	1,404 (-7%)	6mo	$120,000	$85	49
5401 Sherman Pl	0.56mi	3/2.0	1,304 (-14%)	2mo	$395,000	$303	47
6505 Sexton Dr	0.73mi	3/2.0	1,380 (-8%)	3mo	$321,000	$233	47

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 · 1.93% rent growth · sell at horizon

5-year hold

• IRR: -1.3%
• Equity multiple: 0.95×
• Total profit: $-2,473
• Equity at exit: $26,093

10-year hold

• IRR: 7.2%
• Equity multiple: 1.51×
• Total profit: $25,190
• Equity at exit: $15,131

Cash invested: $49,000 (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 23234

• Rents YoY: 1.9%
• Active inventory: 233
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,092 high
• Mortgage (P&I): −$918
• Tax from tax record: −$221 /mo · $2,653/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$439
• Net cashflow: $441

Break-even live

Break-even rent $1,534

Max offer price $175,000

Occupancy floor 74%

Sensitivity live

Price	-10% $540	-5% $490	+0% $441	+5% $391	+10% $342
Rent	-10% $276	-5% $358	+0% $441	+5% $524	+10% $606
Rate	-1.0pp $529	-0.5pp $485	base $441	+0.5pp $396	+1.0pp $349

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4020 Laurelwood Rd North Chesterfield, VA	4.0	2.0	1788	$2,395	$1.34	15d	1	0.40mi
6120 Belgreen Ct North Chesterfield, VA	3.0	2.5	1452	$2,030	$1.40	24d	1	0.57mi
5201 Hallmark Dr North Chesterfield, VA	3.0	2.5	1600	$1,550	$0.97	44d	1	0.87mi
6711 Caribbean Ln Chesterfield, VA	3.0	2.0	1701	$2,195	$1.29	4d	1	0.98mi
4333 Kenmare Ln Richmond, VA	3.0	2.5	2100	$2,800	$1.33	4d	1	1.05mi
4800 Burnt Oak Dr North Chesterfield, VA	2.0–3.0	2.0	1047	$1,594	$1.52	2d	9	1.09mi
7731 Drexelbrook Rd Chesterfield, VA	3.0	2.0	1300	$2,262	$1.74	4d	1	1.49mi

Listing history 4 events

1. 2026-05-08
   status Pending 141-char remark
2. 2026-05-06
   listed $175,000 Active 141-char remark
3. 1988-06-16
   soldstatus $59,500
4. 1977-02-24
   soldstatus $36,500

ⓘ 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: $2,653 · $221/mo
• Projected year-2 tax: $2,653 · $221/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥106°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,103
• − Mortgage interest: −$9,803
• − Property taxes: −$2,653
• − Insurance: −$875
• − Repairs & maintenance: −$2,008
• − Management: −$2,008
• − Depreciation: −$5,091
• Taxable income: $2,665
• Est. tax owed @ 24.0%: −$640
• After-tax cash flow: $4,651/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: Chesterfield County Public School District
• NCES district ID: 5100840
• Math proficiency: 52% ▼ -30.00%
• Reading proficiency: 64% ▼ -15.00%
• Median HH income: $72,821
• Composite: 51.56/100
• National rank: #1712
• State rank: #57 of 131 in VA

Livability — Richmond

• Score: 84/100
• State rank: #33
• US rank: #793

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Chesterfield County · 406,988 people
• City population: 287,109
• Metro: Richmond, VA
• Population (ZIP): 47,465
• Household income: $66,619
• Rent vs Own: 40.8% rent · 59.2% own
• Severe rent burden: 2031.0

Population outlook (Chesterfield County) Hauer SSP2

• Today (2025): 377,190 people
• By 2030: 395,710 · +4.9%
• By 2040: 427,694 · +13.4%
• By 2050: 452,706 · +20.0%
• By 2075: 505,533 · +34.0%
• By 2100: 521,282 · +38.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: Black 46% Hispanic / Latino 30% White 18% Two or more races 9% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 3%
• Common ancestry: Italian 1%
• Foreign-born: 20% · Canada
• Languages at home: 69% English-only · Spanish 26% Other Indo-European 1% Tagalog/Filipino 1%

Political lean MEDSL · Chesterfield

• 2024 margin: Lean D (+9.0) · D 53.8% · R 44.8% · Other 1.4%
• 2008→2024 swing: +16.4pp toward D · 2008: -7.5pp · 2024: 9.0pp
• All cycles: 2024: D+9.0 2020: D+6.7 2016: R+2.2 2012: R+7.1 2008: R+7.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -205.50%
• Current HPI: 317.6006
• Rent YoY: ▲ 1.93%
• Metro: Richmond, VA
• 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

+447.9% since first listed

6 events — show timeline

• 2026-05-29 Sold (Public Records) $200,000 Public Records
• 2026-05-28 Sold (MLS) $200,000 CVRMLS
• 2026-05-08 Pending — CVRMLS
• 2026-05-06 Listed $175,000 CVRMLS
• 1988-06-16 Sold (Public Records) $59,500 Public Records
• 1977-02-24 Sold (Public Records) $36,500 Public Records

Property tax history

+79.2%/yr

Latest (2025): $2,653 · +6.0% YoY. Source: county tax records.