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38 Dallas Ave
B Composite 72.51
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
  • ARV discount +13.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +7.6/10.0
  • Livability +3.9/5.0
  • Schools +3.0/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$89,500

38 Dallas Ave · Danville, VA 24541
2 bd · 1.0 ba · 960 sqft · SingleFamily public records · 435 Days on market
Built 1920 9,387 sqft lot $93/sqft · 12% below area Est $102k · 12% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

Key facts

  • Covered front porch
  • Large level yard
  • Metal roof

Tags

PRIVATE PAVED DRIVEWAYMETAL ROOFCOVERED FRONT PORCHMASONRY SIDEWALKSLARGE LEVEL YARDBACKYARD WITH OUTBUILDING

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $90k.

Deal economics

  • At list price, monthly cash flow is $361 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $90k).
  • Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.1% vs local median 5.2% in Danville — 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 (#91 in VA, #2,952 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities D+, crime D-, commute F.
  • Danville City Public School District (town): math 30% / reading 44% proficiency, ranked #128 of 131 in VA (top 98%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 249 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 54% of comp listings sitting > 30 days — soft ceiling on asking rent; 54 units permitted in Danville city in 2024 (40 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $619 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Danville County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 435 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 4y ago; this cycle's ask has dropped $20k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $78,760 (12.0% below list)

Questions for the listing agent

  1. It's been on market 435 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 1920 — 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 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
1.26%
Cap rate
11.13%
Cash-on-cash
17.29%
DSCR
1.77
GRM
6.6

CMA / ARV

ARV (median comp)
$102,004
List price
$89,500
Delta
-12.26%
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
54 Selma Ave 0.08mi 2/1.0 960 (0%) 1mo $115,000 $120 95
37 Baltimore Ave 0.08mi 2/1.0 924 (-4%) 1mo $45,000 $49 89
46 Baltimore Ave 0.11mi 2/1.0 1,000 (+4%) 1mo $80,000 $80 87
33 Garland St 0.27mi 2/1.0 960 (0%) 1mo $99,000 $103 86
53 Fairfield Ave 0.17mi 2/1.0 996 (+4%) 2mo $108,000 $108 84
94 Fairfield Ave 0.26mi 2/1.0 960 (0%) 8mo $66,500 $69 82
148 Park Ave 0.40mi 2/1.0 960 (0%) 2mo $126,000 $131 80
312 Arlington Pl 0.13mi 3/2.0 (+1) 1,070 (+12%) 0mo $136,000 $127 65
827 Hughes St 0.20mi 3/1.0 (+1) 1,056 (+10%) 10mo $155,000 $147 61
21 Milton Ave 0.47mi 2/1.0 850 (-12%) 1mo $79,000 $93 58
636 Edmonds St 0.48mi 3/1.0 (+1) 875 (-9%) 10mo $110,000 $126 49
142 Stokesland Ave 0.68mi 2/1.0 1,084 (+13%) 4mo $138,000 $127 43

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
8.6%
Equity multiple
1.34×
Total profit
$8,453
Equity at exit
$13,345
10-year hold
IRR
17.8%
Equity multiple
2.47×
Total profit
$36,820
Equity at exit
$7,738

Cash invested: $25,060 (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.

ZIP-level market 24541

Home prices YoY
-17.1%
Active inventory
249
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$1,130 high interval (Pro) →
Mortgage (P&I)
$469
Tax from tax record
$25 /mo · $298/yr
Insurance
$37
HOA
$0
Vacancy / Maint / Mgmt
$237
Net cashflow
$361

Break-even live

Break-even rent $673
Max offer price $89,500
Occupancy floor 63%

Sensitivity live

Price -10% $412 -5% $386 +0% $361 +5% $336 +10% $310
Rent -10% $272 -5% $316 +0% $361 +5% $406 +10% $450
Rate -1.0pp $406 -0.5pp $384 base $361 +0.5pp $338 +1.0pp $314

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
$22,375
Closing costs
$2,685
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
107 Baltimore Ave Danville, VA 2.0 1.0 902 $914 $1.01 22d 1 0.25mi
732 Hughes St Danville, VA 2.0 1.0 900 $1,800 $2.00 45d 1 0.27mi
721 Chatham Ave Unit A Danville, VA 3.0 1.0 950 $1,350 $1.42 14d 1 0.30mi
380 Juless St Danville, VA 2.0 1.0 780 $775 $0.99 45d 1 0.45mi
378 Juless St Danville, VA 2.0 1.0 780 $775 $0.99 45d 1 0.46mi
317 Dudley St Danville, VA 2.0 1.0 840 $914 $1.09 22d 1 0.69mi
66 Carlson Ave Danville, VA 2.0 1.0 966 $1,000 $1.04 45d 1 0.81mi
245 College Park Dr Danville, VA 2.0 1.0 782 $775 $0.99 22d 1 0.92mi
128 Charles St Unit 5 Danville, VA 2.0 1.0 800 $750 $0.94 22d 1 0.94mi
219 Montague St Danville, VA 1.0 1.0 747 $850 $1.14 45d 1 1.00mi
111 Willoughby Pl Danville, VA 2.0 1.0 700 $775 $1.11 22d 1 1.05mi
345 Flint St Danville, VA 2.0 1.0 888 $1,200 $1.35 45d 1 1.13mi
671 Park Ave Danville, VA 2.0 1.0 942 $1,100 $1.17 45d 1 1.48mi

Listing history 41 events

  1. 2026-06-21
    days on market $89,500 Active 435 DOM
  2. 2026-06-19
    days on market $89,500 Active 433 DOM
  3. 2026-06-18
    days on market $89,500 Active 432 DOM
  4. 2026-06-17
    days on market $89,500 Active 431 DOM
  5. 2026-06-16
    days on market $89,500 Active 430 DOM
  6. 2026-06-15
    days on market $89,500 Active 429 DOM
  7. 2026-06-14
    days on market $89,500 Active 427 DOM
  8. 2026-06-13
    days on market $89,500 Active 426 DOM
  9. 2026-06-10
    days on market $89,500 Active 424 DOM
  10. 2026-06-09
    days on market $89,500 Active 423 DOM
  11. 2026-06-08
    days on market $89,500 Active 422 DOM
  12. 2026-06-07
    days on market $89,500 Active 421 DOM
  13. 2026-06-05
    days on market $89,500 Active 418 DOM
  14. 2026-06-02
    days on market $89,500 Active 416 DOM
  15. 2026-06-01
    days on market $89,500 Active 415 DOM
  16. 2026-05-31
    days on market $89,500 Active 414 DOM
  17. 2026-05-30
    days on market $89,500 Active 413 DOM
  18. 2026-05-15
    price $90,000 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  19. 2026-05-08
    price $93,000 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  20. 2026-04-15
    status Active 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  21. 2026-04-15
    price $96,000 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  22. 2026-04-02
    price $96,250 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  23. 2026-03-23
    price $96,500 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  24. 2026-03-11
    price $97,000 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  25. 2026-01-13
    status Active 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  26. 2025-12-14
    price $98,400 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  27. 2025-11-24
    price $98,500 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  28. 2025-11-11
    price $100,000 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  29. 2025-10-08
    status Active 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  30. 2025-09-02
    price $102,500 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  31. 2025-08-11
    price $104,000 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  32. 2025-07-24
    price $104,500 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  33. 2025-06-09
    price $105,000 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  34. 2025-04-08
    listed $110,000 Active 548-char remark
    Show marketing remark (548 chars)

    CREATIVE FINANCING AVAILABLE - Charming home in a charming quiet neighborhood just a walk away from Danville Caesar's Casino, with private paved driveway, metal roof, covered front porch to enjoy the peaceful neighborhood. Masonry sidewalks, good deck overlooking large level yard and backyard with outbuilding! Inside you'll find BIG eat-in kitchen with wood counters & new vinyl plank flooring and pantry, updated bathroom with dual vanity, this home is MOVE-IN-READY / RENT READY and that's a hard find at this price and in this location!

  35. 2022-12-02
    soldstatus $80,000 103-char remark
    Show marketing remark (103 chars)

    Nice updated 3 bedroom, 1 large bath, one level cottage. Large kitchen that provides space for laundry.

  36. 2022-11-21
    listed $80,000 103-char remark
    Show marketing remark (103 chars)

    Nice updated 3 bedroom, 1 large bath, one level cottage. Large kitchen that provides space for laundry.

  37. 2022-11-21
    soldstatus $80,000
    Show marketing remark (103 chars)

    Nice updated 3 bedroom, 1 large bath, one level cottage. Large kitchen that provides space for laundry.

  38. 2019-07-11
    soldstatus $30,000
  39. 2019-06-17
    soldstatus $12,500
  40. 2018-09-19
    soldstatus $25,000
  41. 2014-04-16
    soldstatus $47,000

ⓘ 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
$298 · $25/mo
Projected year-2 tax
$734 · $61/mo
Expected delta
+$436/yr (+$36/mo · 146.3%)

ⓘ 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 6/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$13,557
− Mortgage interest
−$5,013
− Property taxes
−$298
− Insurance
−$448
− Repairs & maintenance
−$1,085
− Management
−$1,085
− Depreciation
−$2,604
Taxable income
$3,025
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$726
After-tax cash flow
$3,606/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
Danville City Public School District
NCES district ID
5101110
Math proficiency
30% ▼ -22.00%
Reading proficiency
44% ▼ -8.00%
Median HH income
$31,952
Composite
30.23/100
National rank
#6298
State rank
#128 of 131 in VA

Livability — Danville

Score
77/100
State rank
#91
US rank
#2952

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Danville, VA
County
Danville City · 59,055 people
City population
59,055
Metro
Danville, VA
Population (ZIP)
28,042
Household income
$51,427
Rent vs Own
46.3% rent · 53.7% own
Severe rent burden
1399.0

Population outlook (Danville County) Hauer SSP2

Today (2025)
40,989 people
By 2030
40,432 · -1.4%
By 2040
39,255 · -4.2%
By 2050
38,035 · -7.2%
By 2075
35,612 · -13.1%
By 2100
30,365 · -25.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.59)
Race & ethnicity
White 50% Black 39% Two or more races 7% Hispanic / Latino 5% Asian 2%
Common ancestry
Slovak 2% Serbian 2% Lithuanian 1%
Foreign-born
4% · Canada, Dominican Republic
Languages at home
95% English-only · Spanish 4% Other Indo-European 1%

Political lean MEDSL · Danville

2024 margin
Strong D (+21.1) · D 60.1% · R 39.0%
2008→2024 swing
+1.9pp toward D · 2008: 19.1pp · 2024: 21.1pp
All cycles
2024: D+21.1 2020: D+22.1 2016: D+19.9 2012: D+22.1 2008: D+19.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -49.28%
Current HPI
238.5992
Rent YoY
Metro
Danville, VA
State GDP YoY
▲ 2.40%
F500 in state
50

Industry mix (Fortune 500 HQ in VA)

Industry F500 HQs Revenue

Price history

+91.5% since first listed
24 events — show timeline
  • 2026-05-15 Price Changed $90,000 DRRAR
  • 2026-05-08 Price Changed $93,000 DRRAR
  • 2026-04-15 Relisted DRRAR
  • 2026-04-15 Price Changed $96,000 DRRAR
  • 2026-04-02 Price Changed $96,250 DRRAR
  • 2026-03-23 Price Changed $96,500 DRRAR
  • 2026-03-11 Price Changed $97,000 DRRAR
  • 2026-01-13 Relisted DRRAR
  • 2025-12-14 Price Changed $98,400 DRRAR
  • 2025-11-24 Price Changed $98,500 DRRAR
  • 2025-11-11 Price Changed $100,000 DRRAR
  • 2025-10-08 Relisted DRRAR
  • 2025-09-02 Price Changed $102,500 DRRAR
  • 2025-08-11 Price Changed $104,000 DRRAR
  • 2025-07-24 Price Changed $104,500 DRRAR
  • 2025-06-09 Price Changed $105,000 DRRAR
  • 2025-04-08 Listed $110,000 DRRAR
  • 2022-12-02 Sold (MLS) $80,000 DRRAR
  • 2022-11-21 Sold (Public Records) $80,000 Public Records
  • 2022-11-21 Listed $80,000 DRRAR
  • 2019-07-11 Sold (Public Records) $30,000 Public Records
  • 2019-06-17 Sold (Public Records) $12,500 Public Records
  • 2018-09-19 Sold (Public Records) $25,000 Public Records
  • 2014-04-16 Sold (Public Records) $47,000 Public Records

Property tax history

+5.9%/yr

Latest (2025): $298 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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