408 Wesley St · Ashland, VA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $666 – $1,236
Heat risk 7/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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).
- ARV discount +13.5/15.0
- Cash flow +8.1/30.0
- Schools +7.0/10.0
- Livability +4.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- DSCR +2.1/10.0
- 1% rule +1.7/10.0
- Appreciation +0.0/10.0
$305,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Here's an ALL BRICK RANCHER in the Town of Ashland! 408 Wesley Street is a 3 bedroom, 1,428 sq. ft. diamond in the rough with that 1960's charm. It's in a prime location in the heart of Ashland and is close to restaurants, shops, parks, and Randolph-Macon College. It has plenty of curb appeal from the solid brick exterior, newer roof (2023), vinyl windows, level lot, concrete sidewalk, and paved double-width asphalt driveway. Enter the home and you are met by an open concept & freshly painted living room and formal dining room that has hardwood floors throughout and a decorative light fixture over the dining room area. To the left is the family room or den that features true-wood paneled walls, crown moulding, brick fireplace and mantle, built-in bookshelves and storage bench, and tons of natural light pouring in through the bright picture windows. Attached is the covered and glassed-in porch/Sun room with overhead lighting. This has access to the spacious fenced-in backyard that has a storage lean-to and separate detached storage shed. Across the hall from the den and connected to the freshly painted dining room is the freshly painted eat-in kitchen with a countertop range, wall oven, range exhaust fan, and room for dining. Close by is the dedicated laundry room/mud room with extra storage cabinetry and another access door to the backyard. Next is the freshly painted hall bath with tile floor, tile surround, and a tub/shower combo with oversized tub. The Primary bedroom has a large closet, hardwood floors, and a lighted ceiling fan. There are 2 additional bedrooms that both have hardwood flooring and large closets with one having a lighted ceiling fan. Don't miss the opportunity to make this solid ranch-style home yours! ADDITIONAL PHOTOS WILL BE UPLOADED ON THURSDAY 4/30!
Key facts
- 0.32 acre lot
- Built 1960
- Listed 11 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $305k.
Deal economics
- At list price, monthly cash flow is $-301 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $252k (17.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $205k (32.9% below list).
- Recommended offer: $205k (32.9% below list) — sets the bar for 1% rule.
- Cap rate 5.1% vs local median 1.5% in Ashland — 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 79/100 on livability (#67 in VA, #2,152 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F, commute F.
- Hanover County Public School District (suburban): math 79% / reading 81% proficiency, ranked #5 of 131 in VA (top 4%) — strong family-tenant draw, lease renewals of 3-5y typical; only 15% free/reduced lunch — higher-income household profile.
- Market conditions: 204 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 447 units permitted in Hanover 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 $9k of value loss. Plan a longer hold.
- Hanover County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
- 2 sale attempts 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.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- 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
- 0.67% ✗
- Cap rate
- 5.11%
- Cash-on-cash
- -4.22%
- DSCR
- 0.81
- GRM
- 12.4
CMA / ARV
- ARV (median comp)
- $352,017
- List price
- $305,000
- Delta
- -13.36%
- 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 |
|---|---|---|---|---|---|---|---|
| 509 Chapman St | 0.19mi | 3/2.0 | 1,384 (-3%) | 6mo | $424,000 | $306 | 77 |
| 513 Wesley St | 0.19mi | 3/1.0 | 1,300 (-9%) | 6mo | $335,000 | $258 | 71 |
| 506 John St | 0.13mi | 3/2.0 | 1,544 (+8%) | 10mo | $385,000 | $249 | 68 |
| 335 Haley Ct | 0.33mi | 3/2.0 | 1,374 (-4%) | 13mo | $475,849 | $346 | 64 |
| 307 N Snead St | 0.18mi | 2/2.0 (-1) | 1,357 (-5%) | 13mo | $399,900 | $295 | 64 |
| 405 Thompson St | 0.30mi | 4/2.0 (+1) | 1,508 (+6%) | 5mo | $410,000 | $272 | 63 |
| 403 Thompson St | 0.30mi | 3/2.0 | 1,508 (+6%) | 12mo | $392,000 | $260 | 62 |
| 102 Brookneal Aly | 0.45mi | 2/2.0 (-1) | 1,504 (+5%) | 3mo | $475,000 | $316 | 59 |
| 104 Chapman St | 0.22mi | 3/2.5 | 1,554 (+9%) | 12mo | $381,000 | $245 | 59 |
| 216 N James St | 0.35mi | 3/1.5 | 1,232 (-14%) | 12mo | $280,000 | $227 | 48 |
| 122 Henry Clay Rd | 0.43mi | 2/2.5 (-1) | 1,573 (+10%) | 13mo | $415,000 | $264 | 41 |
| 104 Linden St | 0.61mi | 3/2.5 | 1,628 (+14%) | 2mo | $332,500 | $204 | 40 |
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
- IRR
- -23.5%
- Equity multiple
- 0.20×
- Total profit
- $-68,651
- Equity at exit
- $45,476
- IRR
- -18.4%
- Equity multiple
- 0.01×
- Total profit
- $-84,780
- Equity at exit
- $26,371
Cash invested: $85,400 (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
ZIP-level market 23005
- Home prices YoY
- -31.5%
- Active inventory
- 204
- Price-to-rent
- 12.4×
Monthly cashflow live
- Estimated rent
- $2,046 high interval (Pro) →
- Mortgage (P&I)
- −$1,599
- Tax from tax record
- −$190 /mo · $2,281/yr
- Insurance
- −$127
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$430
- Net cashflow
- $-301
Break-even live
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
- $76,250
- Closing costs
- $9,150
- 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 6 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 314 Thompson St Ashland, VA | 3.0 | 1.0 | 1296 | $2,000 | $1.54 | 43d | 1 | 0.30mi |
| 205 Duncan St #2 Ashland, VA | 2.0 | 1.0 | 1050 | $1,850 | $1.76 | 43d | 1 | 0.63mi |
| 403 Maple St Ashland, VA | 3.0 | 2.0 | 1762 | $1,850 | $1.05 | 14d | 1 | 0.84mi |
| 305 Arlington St Ashland, VA | 1.0–2.0 | 1.0–1.5 | 760 | $1,752 | $2.31 | 1d | 4 | 0.99mi |
| 204 Kings Arms St Ashland, VA | 2.0–3.0 | 1.0 | 1020 | $2,081 | $2.04 | 1d | 1 | 1.10mi |
| 801 Sweet Tessa Dr Ashland, VA | 3.0 | 2.5 | 1484 | $2,330 | $1.57 | 23d | 1 | 1.24mi |
Listing history 6 events
-
2026-05-09status Pending 1810-char remark
Show marketing remark (1794 chars)
Here's an ALL BRICK RANCHER in the Town of Ashland! 408 Wesley Street is a 3 bedroom, 1,428 sq. ft. diamond in the rough with that 1960's charm. It's in a prime location in the heart of Ashland and is close to restaurants, shops, parks, and Randolph-Macon College. It has plenty of curb appeal from the solid brick exterior, newer roof (2023), vinyl windows, level lot, concrete sidewalk, and paved double-width asphalt driveway. Enter the home and you are met by an open concept & freshly painted living room and formal dining room that has hardwood floors throughout and a decorative light fixture over the dining room area. To the left is the family room or den that features true-wood paneled walls, crown moulding, brick fireplace and mantle, built-in bookshelves and storage bench, and tons of natural light pouring in through the bright picture windows. Attached is the covered and glassed-in porch/Sun room with overhead lighting. This has access to the spacious fenced-in backyard that has a storage lean-to and separate detached storage shed. Across the hall from the den and connected to the dining room is the freshly painted eat-in kitchen with a countertop range, wall oven, range exhaust fan, and room for dining. Close by is the dedicated laundry room/mud room with extra storage cabinetry and another access door to the backyard. Next is the freshly painted hall bath with tile floor, tile surround, and a tub/shower combo with oversized tub. The Primary bedroom has a large closet, hardwood floors, and a lighted ceiling fan. There are 2 additional bedrooms that both have hardwood flooring and large closets with one having a lighted ceiling fan. Don't miss the opportunity to make this solid ranch-style home yours! ADDITIONAL PHOTOS WILL BE UPLOADED ON THURSDAY 4/30!
-
2026-05-09status Pending 1794-char remark
Show marketing remark (1794 chars)
Here's an ALL BRICK RANCHER in the Town of Ashland! 408 Wesley Street is a 3 bedroom, 1,428 sq. ft. diamond in the rough with that 1960's charm. It's in a prime location in the heart of Ashland and is close to restaurants, shops, parks, and Randolph-Macon College. It has plenty of curb appeal from the solid brick exterior, newer roof (2023), vinyl windows, level lot, concrete sidewalk, and paved double-width asphalt driveway. Enter the home and you are met by an open concept & freshly painted living room and formal dining room that has hardwood floors throughout and a decorative light fixture over the dining room area. To the left is the family room or den that features true-wood paneled walls, crown moulding, brick fireplace and mantle, built-in bookshelves and storage bench, and tons of natural light pouring in through the bright picture windows. Attached is the covered and glassed-in porch/Sun room with overhead lighting. This has access to the spacious fenced-in backyard that has a storage lean-to and separate detached storage shed. Across the hall from the den and connected to the dining room is the freshly painted eat-in kitchen with a countertop range, wall oven, range exhaust fan, and room for dining. Close by is the dedicated laundry room/mud room with extra storage cabinetry and another access door to the backyard. Next is the freshly painted hall bath with tile floor, tile surround, and a tub/shower combo with oversized tub. The Primary bedroom has a large closet, hardwood floors, and a lighted ceiling fan. There are 2 additional bedrooms that both have hardwood flooring and large closets with one having a lighted ceiling fan. Don't miss the opportunity to make this solid ranch-style home yours! ADDITIONAL PHOTOS WILL BE UPLOADED ON THURSDAY 4/30!
-
2026-04-29$305,000 Active 1794-char remark
Show marketing remark (1810 chars)
Here's an ALL BRICK RANCHER in the Town of Ashland! 408 Wesley Street is a 3 bedroom, 1,428 sq. ft. diamond in the rough with that 1960's charm. It's in a prime location in the heart of Ashland and is close to restaurants, shops, parks, and Randolph-Macon College. It has plenty of curb appeal from the solid brick exterior, newer roof (2023), vinyl windows, level lot, concrete sidewalk, and paved double-width asphalt driveway. Enter the home and you are met by an open concept & freshly painted living room and formal dining room that has hardwood floors throughout and a decorative light fixture over the dining room area. To the left is the family room or den that features true-wood paneled walls, crown moulding, brick fireplace and mantle, built-in bookshelves and storage bench, and tons of natural light pouring in through the bright picture windows. Attached is the covered and glassed-in porch/Sun room with overhead lighting. This has access to the spacious fenced-in backyard that has a storage lean-to and separate detached storage shed. Across the hall from the den and connected to the freshly painted dining room is the freshly painted eat-in kitchen with a countertop range, wall oven, range exhaust fan, and room for dining. Close by is the dedicated laundry room/mud room with extra storage cabinetry and another access door to the backyard. Next is the freshly painted hall bath with tile floor, tile surround, and a tub/shower combo with oversized tub. The Primary bedroom has a large closet, hardwood floors, and a lighted ceiling fan. There are 2 additional bedrooms that both have hardwood flooring and large closets with one having a lighted ceiling fan. Don't miss the opportunity to make this solid ranch-style home yours! ADDITIONAL PHOTOS WILL BE UPLOADED ON THURSDAY 4/30!
-
2026-04-29$305,000 Active 1810-char remark
Show marketing remark (1810 chars)
Here's an ALL BRICK RANCHER in the Town of Ashland! 408 Wesley Street is a 3 bedroom, 1,428 sq. ft. diamond in the rough with that 1960's charm. It's in a prime location in the heart of Ashland and is close to restaurants, shops, parks, and Randolph-Macon College. It has plenty of curb appeal from the solid brick exterior, newer roof (2023), vinyl windows, level lot, concrete sidewalk, and paved double-width asphalt driveway. Enter the home and you are met by an open concept & freshly painted living room and formal dining room that has hardwood floors throughout and a decorative light fixture over the dining room area. To the left is the family room or den that features true-wood paneled walls, crown moulding, brick fireplace and mantle, built-in bookshelves and storage bench, and tons of natural light pouring in through the bright picture windows. Attached is the covered and glassed-in porch/Sun room with overhead lighting. This has access to the spacious fenced-in backyard that has a storage lean-to and separate detached storage shed. Across the hall from the den and connected to the freshly painted dining room is the freshly painted eat-in kitchen with a countertop range, wall oven, range exhaust fan, and room for dining. Close by is the dedicated laundry room/mud room with extra storage cabinetry and another access door to the backyard. Next is the freshly painted hall bath with tile floor, tile surround, and a tub/shower combo with oversized tub. The Primary bedroom has a large closet, hardwood floors, and a lighted ceiling fan. There are 2 additional bedrooms that both have hardwood flooring and large closets with one having a lighted ceiling fan. Don't miss the opportunity to make this solid ranch-style home yours! ADDITIONAL PHOTOS WILL BE UPLOADED ON THURSDAY 4/30!
-
2026-03-24historical $305,000 1810-char remark
Show marketing remark (1794 chars)
Here's an ALL BRICK RANCHER in the Town of Ashland! 408 Wesley Street is a 3 bedroom, 1,428 sq. ft. diamond in the rough with that 1960's charm. It's in a prime location in the heart of Ashland and is close to restaurants, shops, parks, and Randolph-Macon College. It has plenty of curb appeal from the solid brick exterior, newer roof (2023), vinyl windows, level lot, concrete sidewalk, and paved double-width asphalt driveway. Enter the home and you are met by an open concept & freshly painted living room and formal dining room that has hardwood floors throughout and a decorative light fixture over the dining room area. To the left is the family room or den that features true-wood paneled walls, crown moulding, brick fireplace and mantle, built-in bookshelves and storage bench, and tons of natural light pouring in through the bright picture windows. Attached is the covered and glassed-in porch/Sun room with overhead lighting. This has access to the spacious fenced-in backyard that has a storage lean-to and separate detached storage shed. Across the hall from the den and connected to the dining room is the freshly painted eat-in kitchen with a countertop range, wall oven, range exhaust fan, and room for dining. Close by is the dedicated laundry room/mud room with extra storage cabinetry and another access door to the backyard. Next is the freshly painted hall bath with tile floor, tile surround, and a tub/shower combo with oversized tub. The Primary bedroom has a large closet, hardwood floors, and a lighted ceiling fan. There are 2 additional bedrooms that both have hardwood flooring and large closets with one having a lighted ceiling fan. Don't miss the opportunity to make this solid ranch-style home yours! ADDITIONAL PHOTOS WILL BE UPLOADED ON THURSDAY 4/30!
-
2026-03-24historical $305,000 1794-char remark
Show marketing remark (1794 chars)
Here's an ALL BRICK RANCHER in the Town of Ashland! 408 Wesley Street is a 3 bedroom, 1,428 sq. ft. diamond in the rough with that 1960's charm. It's in a prime location in the heart of Ashland and is close to restaurants, shops, parks, and Randolph-Macon College. It has plenty of curb appeal from the solid brick exterior, newer roof (2023), vinyl windows, level lot, concrete sidewalk, and paved double-width asphalt driveway. Enter the home and you are met by an open concept & freshly painted living room and formal dining room that has hardwood floors throughout and a decorative light fixture over the dining room area. To the left is the family room or den that features true-wood paneled walls, crown moulding, brick fireplace and mantle, built-in bookshelves and storage bench, and tons of natural light pouring in through the bright picture windows. Attached is the covered and glassed-in porch/Sun room with overhead lighting. This has access to the spacious fenced-in backyard that has a storage lean-to and separate detached storage shed. Across the hall from the den and connected to the dining room is the freshly painted eat-in kitchen with a countertop range, wall oven, range exhaust fan, and room for dining. Close by is the dedicated laundry room/mud room with extra storage cabinetry and another access door to the backyard. Next is the freshly painted hall bath with tile floor, tile surround, and a tub/shower combo with oversized tub. The Primary bedroom has a large closet, hardwood floors, and a lighted ceiling fan. There are 2 additional bedrooms that both have hardwood flooring and large closets with one having a lighted ceiling fan. Don't miss the opportunity to make this solid ranch-style home yours! ADDITIONAL PHOTOS WILL BE UPLOADED ON THURSDAY 4/30!
ⓘ 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
- $2,281 · $190/mo
- Projected year-2 tax
- $2,501 · $208/mo
- Expected delta
- +$220/yr (+$18/mo · 9.6%)
ⓘ 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 ≥103°F today · 17 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
- $24,548
- − Mortgage interest
- −$17,085
- − Property taxes
- −$2,281
- − Insurance
- −$1,525
- − Repairs & maintenance
- −$1,964
- − Management
- −$1,964
- − Depreciation
- −$8,873
- Taxable loss
- −$9,143
- Est. tax savings @ 24.0%
- +$2,194
- After-tax cash flow
- $-1,412/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
- Hanover County Public School District
- NCES district ID
- 5101830
- Math proficiency
- 79% ▼ -11.00%
- Reading proficiency
- 81% ▼ -3.00%
- Median HH income
- $78,386
- Composite
- 70.37/100
- National rank
- #268
- State rank
- #5 of 131 in VA
Livability — Ashland
- Score
- 79/100
- State rank
- #67
- US rank
- #2152
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Ashland, VA
- County
- Hanover County · 134,767 people
- City population
- 19,987
- Metro
- Richmond, VA
- Population (ZIP)
- 19,987
- Household income
- $89,335
- Rent vs Own
- Severe rent burden
- 416.0
Population outlook (Hanover County) Hauer SSP2
- Today (2025)
- 111,687 people
- By 2030
- 115,373 · +3.3%
- By 2040
- 120,828 · +8.2%
- By 2050
- 123,591 · +10.7%
- By 2075
- 132,168 · +18.3%
- By 2100
- 130,105 · +16.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (76%)
- Race & ethnicity
- White 76% Black 13% Hispanic / Latino 6% Two or more races 5% Asian 1%
- Hispanic origin (detail)
- Mexican 2%
- Common ancestry
- Slovak 3% Italian 2% Romanian 2%
- Foreign-born
- 5% · Canada, Jamaica, China
- Languages at home
- 93% English-only · Spanish 5% Other Indo-European 1% Arabic 1%
Political lean MEDSL · Hanover
- 2024 margin
- Strong R (+25.8) · D 36.6% · R 62.4% · Other 1.1%
- 2008→2024 swing
- +7.8pp toward D · 2008: -33.6pp · 2024: -25.8pp
- All cycles
- 2024: R+25.8 2020: R+26.8 2016: R+32.5 2012: R+36.7 2008: R+33.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -118.63%
- Current HPI
- 257.9445
- Rent YoY
- —
- 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 |
|
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| Technology / Defense | 3 | $32B |
|
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| Financial Services | 2 | $176B |
|
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| Utilities | 2 | $27B |
|
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| Insurance | 2 | $25B |
|
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| Technology | 2 | $15B |
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Price history
+0.0% since first listed6 events — show timeline
- 2026-05-09 Pending — BRIGHT MLS
- 2026-05-09 Pending — CVRMLS
- 2026-04-29 Listed $305,000 CVRMLS
- 2026-04-29 Listed $305,000 BRIGHT MLS
- 2026-03-24 Coming Soon $305,000 BRIGHT MLS
- 2026-03-24 Coming Soon $305,000 CVRMLS
Property tax history
+8.2%/yrLatest (2025): $2,281 · +0.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…