210 N 4th St · Suffolk, VA 23434

$79,777

3 bd · 1.0 ba · 1,463 sqft · SingleFamily public records · 174 Days on market

Built 1940 6,534 sqft lot $55/sqft · 75% below area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.8/10.0
• Rent growth +4.0/5.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor special! This property is in need of a full renovation and is being sold as-is, offering a fantastic opportunity to bring your vision to life. Whether you’re looking for your next flip project or a long-term rental, the potential here is unlimited.

Key facts

• 6,534 sq ft lot
• Built 1940
• Listed 174 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $80k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 23.0% vs local median 3.5% in Suffolk — 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 77/100 on livability (#88 in VA, #2,896 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, employment A-; Watch: crime C-, commute F.
• Suffolk City Public School District (suburban): math 41% / reading 69% proficiency, ranked #72 of 131 in VA (top 55%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Mack Benn Jr. Elementary (math 27% / reading 50%, grade F, #924 of 1,108 statewide, top 84%, 684 students, 66% FRL); John F. Kennedy Middle (math 22% / reading 61%, grade F, #299 of 342 statewide, top 88%, 544 students, 64% FRL); King'S Fork High (math 44% / reading 77%, grade C+, #244 of 319 statewide, top 77%, 1,697 students, 63% FRL) — zoned schools average 64% FRL vs 39% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.8%/yr); 546 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 680 units permitted in Suffolk city in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($80k/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 $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Suffolk County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 5.8% rent growth), your $22k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 174 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: 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 $70,203 (12.0% below list)

Questions for the listing agent

1. It's been on market 174 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — 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 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?
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: 2.58% ✓
• Cap rate: 23.05%
• Cash-on-cash: 59.83%
• DSCR: 3.66
• GRM: 3.2

CMA / ARV

• ARV (median comp): $308,254
• List price: $79,777
• Delta: -74.12%
• 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
302 N Capital St	0.14mi	3/2.5	1,540 (+5%)	0mo	$320,000	$208	78
213 N 5th St	0.03mi	3/2.5	1,640 (+12%)	1mo	$325,000	$198	72
207 S 7th St	0.20mi	3/2.0	1,338 (-8%)	2mo	$235,000	$176	71
605 Jefferson St	0.53mi	3/2.0	1,428 (-2%)	0mo	$220,000	$154	67
407 Wilson Ct	0.38mi	4/2.5 (+1)	1,495 (+2%)	2mo	$290,000	$194	66
901 Railroad Ave	0.20mi	3/2.5	1,624 (+11%)	4mo	$287,500	$177	63
210 Maple St	0.53mi	3/2.0	1,378 (-6%)	0mo	$175,000	$127	61
109 N 4th St	0.10mi	3/2.5	1,680 (+15%)	4mo	$320,000	$190	61
325 Ben St	0.48mi	4/2.0 (+1)	1,537 (+5%)	4mo	$200,000	$130	57
318 Pinner St	0.68mi	4/2.0 (+1)	1,443 (-1%)	3mo	$115,000	$80	54
1011 Blythewood Ln	0.61mi	4/2.0 (+1)	1,350 (-8%)	3mo	$264,900	$196	47
1204 Woods Edge Cir	0.62mi	4/2.5 (+1)	1,646 (+12%)	3mo	$331,000	$201	36

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 · 5.84% rent growth · sell at horizon

5-year hold

• IRR: 61.7%
• Equity multiple: 3.87×
• Total profit: $64,069
• Equity at exit: $11,895

10-year hold

• IRR: 67.2%
• Equity multiple: 8.77×
• Total profit: $173,488
• Equity at exit: $6,898

Cash invested: $22,338 (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 23434

• Rents YoY: 5.8%
• Active inventory: 546
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $2,059 high
• Mortgage (P&I): −$418
• Tax from tax record: −$62 /mo · $738/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$432
• Net cashflow: $1,114

Break-even live

Break-even rent $650

Max offer price $79,777

Occupancy floor 41%

Sensitivity live

Price	-10% $1,159	-5% $1,136	+0% $1,114	+5% $1,091	+10% $1,069
Rent	-10% $951	-5% $1,032	+0% $1,114	+5% $1,195	+10% $1,276
Rate	-1.0pp $1,154	-0.5pp $1,134	base $1,114	+0.5pp $1,093	+1.0pp $1,072

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: $19,944
• Closing costs: $2,393
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
223 N 7th St Suffolk, VA	3.0	2.5	1495	$2,300	$1.54	45d	1	0.13mi
307 N 4th St Suffolk, VA	4.0	2.0	1600	$1,800	$1.12	9d	1	0.15mi
124 Halifax St Suffolk, VA	4.0	2.0	1728	$2,100	$1.22	45d	1	0.27mi
315 Highland Ave Suffolk, VA	3.0	2.0	1580	$2,050	$1.30	25d	1	0.69mi
116 Franklin St Suffolk, VA	3.0	1.0	1335	$1,750	$1.31	25d	1	0.75mi
116 Franklin St Unit 3 Suffolk, VA	3.0	1.0	1335	$1,750	$1.31	45d	1	0.75mi
181 N Main St Suffolk, VA	2.0	1.0–2.0	804	$1,885	$2.34	3d	15	0.89mi
1410 Blythewood Ln Suffolk, VA	4.0	1.5	1056	$1,800	$1.70	45d	1	0.92mi
1341 Devonshire Ct Suffolk, VA	3.0	2.0	1800	$2,295	$1.27	5d	1	1.00mi
1341 Devonshire Ct Suffolk, VA	3.0	2.0	1795	$2,295	$1.28	16d	1	1.00mi
206 Reid's Place Dr Suffolk, VA	3.0	2.5	1280	$2,200	$1.72	6d	1	1.20mi
206 Reid's Place Dr Unit 206 Suffolk, VA	3.0	2.5	1280	$2,300	$1.80	19d	1	1.22mi
827 Haskins Dr Suffolk, VA	3.0	3.0	1794	$2,600	$1.45	45d	1	1.31mi
210 Baker St Suffolk, VA	3.0	1.0	988	$1,600	$1.62	45d	1	1.36mi
803 Haskins Dr Suffolk, VA	3.0	2.0	1653	$2,400	$1.45	25d	1	1.36mi
308 Saint James Ave Unit B Suffolk, VA	2.0	1.0	936	$1,295	$1.38	25d	1	1.37mi
310 Greenfield Cres Suffolk, VA	3.0	2.0	1146	$1,995	$1.74	45d	1	1.43mi
558 1st Ave Suffolk, VA	2.0	1.5	1000	$1,250	$1.25	45d	1	1.45mi
564 1st Ave Suffolk, VA	2.0	1.0	1000	$1,100	$1.10	45d	1	1.45mi

Listing history 19 events

1. 2026-06-21
   days on market $79,777 Active 174 DOM
2. 2026-06-18
   days on market $79,777 Active 171 DOM
3. 2026-06-17
   days on market $79,777 Active 170 DOM
4. 2026-06-16
   days on market $79,777 Active 169 DOM
5. 2026-06-15
   days on market $79,777 Active 168 DOM
6. 2026-06-13
   days on market $79,777 Active 166 DOM
7. 2026-06-09
   days on market $79,777 Active 162 DOM
8. 2026-06-08
   days on market $79,777 Active 161 DOM
9. 2026-06-07
   days on market $79,777 Active 160 DOM
10. 2026-06-03
    days on market $79,777 Active 156 DOM
11. 2026-06-02
    pricedays on market $79,777 Active 155 DOM
12. 2026-06-01
    days on market $89,777 Active 154 DOM
13. 2026-05-31
    days on market $89,777 Active 153 DOM
14. 2026-05-11
    status Active 263-char remark

    Show marketing remark (263 chars)

    Investor special! This property is in need of a full renovation and is being sold as-is, offering a fantastic opportunity to bring your vision to life. Whether you’re looking for your next flip project or a long-term rental, the potential here is unlimited.

15. 2026-01-22
    status Under Contract 263-char remark

    Show marketing remark (263 chars)

    Investor special! This property is in need of a full renovation and is being sold as-is, offering a fantastic opportunity to bring your vision to life. Whether you’re looking for your next flip project or a long-term rental, the potential here is unlimited.

16. 2026-01-14
    historical Active Under Contract 263-char remark

    Show marketing remark (263 chars)

    Investor special! This property is in need of a full renovation and is being sold as-is, offering a fantastic opportunity to bring your vision to life. Whether you’re looking for your next flip project or a long-term rental, the potential here is unlimited.

17. 2025-11-07
    price $89,777 263-char remark

    Show marketing remark (263 chars)

    Investor special! This property is in need of a full renovation and is being sold as-is, offering a fantastic opportunity to bring your vision to life. Whether you’re looking for your next flip project or a long-term rental, the potential here is unlimited.

18. 2025-09-11
    listed $99,777 Active 263-char remark

    Show marketing remark (263 chars)

    Investor special! This property is in need of a full renovation and is being sold as-is, offering a fantastic opportunity to bring your vision to life. Whether you’re looking for your next flip project or a long-term rental, the potential here is unlimited.

19. 2025-08-22
    soldstatus $75,000

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

Tax reassessment forecast VA · Resets to sale price

• Current annual tax: $738 · $62/mo
• Projected year-2 tax: $738 · $62/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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 16 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,712
• − Mortgage interest: −$4,469
• − Property taxes: −$738
• − Insurance: −$399
• − Repairs & maintenance: −$1,977
• − Management: −$1,977
• − Depreciation: −$2,321
• Taxable income: $12,832
• Est. tax owed @ 24.0%: −$3,080
• After-tax cash flow: $10,286/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: Suffolk City Public School District
• NCES district ID: 5103710
• Math proficiency: 41% ▼ -43.00%
• Reading proficiency: 69% ▼ -8.00%
• Median HH income: $65,573
• Composite: 48.31/100
• National rank: #2151
• State rank: #72 of 131 in VA

Livability — Suffolk

• Score: 77/100
• State rank: #88
• US rank: #2896

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Suffolk, VA
• County: Suffolk City · 88,108 people
• City population: 88,108
• Metro: Virginia Beach-Norfolk-Newport News, VA-NC
• Population (ZIP): 54,387
• Household income: $79,877
• Rent vs Own: 31.5% rent · 68.5% own
• Severe rent burden: 1934.0

Population outlook (Suffolk County) Hauer SSP2

• Today (2025): 95,269 people
• By 2030: 98,269 · +3.1%
• By 2040: 103,177 · +8.3%
• By 2050: 105,777 · +11.0%
• By 2075: 110,963 · +16.5%
• By 2100: 103,711 · +8.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Black 49% White 41% Two or more races 5% Hispanic / Latino 4% Asian 1%
• Common ancestry: Lithuanian 1% Slovak 1% Italian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 2%

Political lean MEDSL · Suffolk

• 2024 margin: D (+15.9) · D 57.4% · R 41.5% · Other 1.2%
• 2008→2024 swing: +2.7pp toward D · 2008: 13.2pp · 2024: 15.9pp
• All cycles: 2024: D+15.9 2020: D+17.3 2016: D+13.8 2012: D+15.1 2008: D+13.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -383.80%
• Current HPI: 158.5866
• Rent YoY: ▲ 5.84%
• 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

+19.7% since first listed

6 events — show timeline

• 2026-05-11 Relisted — REINMLS
• 2026-01-22 Pending — REINMLS
• 2026-01-14 Contingent — REINMLS
• 2025-11-07 Price Changed $89,777 REINMLS
• 2025-09-11 Listed $99,777 REINMLS
• 2025-08-22 Sold (Public Records) $75,000 Public Records

Property tax history

+4.5%/yr

Latest (2025): $738 · +1.6% YoY. Source: county tax records.