516 Jackson Ave · Pulaski, VA 24301

$110,000

3 bd · 1.0 ba · 1,260 sqft · SingleFamily · 6 Days on market

Built 1940 7,405 sqft lot Est $170k · 35% 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.4/10.0
• Schools +4.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 516 Jackson Ave in the charming town of Pulaski, Virginia! This delightful cottage with metal roof offers a warm and inviting atmosphere, making it a perfect place to call home. It is conveniently close to the historic Calfee Park. As you approach the residence, you'll be greeted by a classic covered front porch. New mulch has just been layed, adding to the curb appeal. Once inside, you will appreciate the original hardwood floors and the spacious open dining room/living room. The space is well lit with natural lighting! It has a bedroom on the main level with armoire in place of closet. Upstairs you will find two additional bedrooms with a bathroom. The basement has been freshly painted and was professionally sealed in 2020. The enclosed back porch has been used as a utility room but could also be used to sit and enjoy the view of the level back yard. There's also plenty of space for vegetable or flower gardens. Nice storage shed conveys with property. Come and see!

Key facts

• Covered front porch
• Storage shed
• Newer metal roof

Tags

• NEWER METAL ROOF
• UPDATED TILT-IN VINYL WINDOWS
• PRIVACY FENCED BACKYARD
• STORAGE SHED
• COVERED FRONT PORCH

Property features AI

Exterior

• Parking: Gravel parking
• Utilities: Public water; Public sewer
• Home design: Single-family detached residence; Residential zoning (Residential 4)
• Construction: Vinyl siding; Above-grade finished area 1,260; Partial basement
• Exterior features: Porch

Interior

• Kitchen: Electric range; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heat; Window air conditioning units
• Interior features: Partial basement; Porch
• Laundry & utility: Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $570 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Cap rate 12.5% vs local median 5.5% in Pulaski — 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 67/100 on livability (#297 in VA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, crime F, amenities F.
• Pulaski County Public School District (rural): math 48% / reading 61% proficiency, ranked #86 of 131 in VA (top 66%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Critzer Elementary (math 42% / reading 47%, grade F, #827 of 1,108 statewide, top 77%, 402 students, 80% FRL); Pulaski County Middle (math 38% / reading 60%, grade C-, #238 of 342 statewide, top 71%, 807 students, 77% FRL); Pulaski County Senior High (math 63% / reading 70%, grade B, #195 of 319 statewide, top 62%, 1,246 students, 76% FRL) — zoned schools average 78% FRL vs 47% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 114 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 39 units permitted in Pulaski County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Pulaski County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 13y ago 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

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $110,000

Questions for the listing agent

1. Built in 1940 — 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 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?
4. 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?
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: 1.44% ✓
• Cap rate: 12.51%
• Cash-on-cash: 22.20%
• DSCR: 1.99
• GRM: 5.8

CMA / ARV

• ARV (on-the-fly): $170,100
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
516 Jackson Ave	0.00mi	3/1.0	1,260 (0%)	1mo	$110,000	$87	100
520 Jackson Ave	0.03mi	3/2.0	1,296 (+3%)	3mo	$220,000	$170	88
213 Pine St	0.07mi	3/2.0	1,260 (0%)	6mo	$214,500	$170	87
104 Third St SE	0.29mi	3/1.0	1,302 (+3%)	4mo	$27,900	$21	77
109 Spruce St	0.06mi	3/1.0	1,379 (+9%)	6mo	$33,500	$24	76
511 5th St SE	0.17mi	3/1.5	1,200 (-5%)	9mo	$170,000	$142	75
128 Pierce Ave	0.13mi	3/1.0	1,110 (-12%)	7mo	$45,000	$41	68
311 S Washington Ave	0.35mi	3/2.0	1,158 (-8%)	6mo	$140,000	$121	61
138 Valley St	0.65mi	3/2.0	1,266 (+0%)	13mo	$172,500	$136	54
818 5th St NE	0.70mi	3/1.0	1,182 (-6%)	4mo	$169,000	$143	54
150 Prince Ave	0.60mi	4/1.0 (+1)	1,342 (+6%)	12mo	$40,000	$30	46
143 Lake St	0.75mi	3/1.0	1,119 (-11%)	7mo	$151,000	$135	41

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: 14.9%
• Equity multiple: 1.60×
• Total profit: $18,445
• Equity at exit: $16,401

10-year hold

• IRR: 23.6%
• Equity multiple: 3.04×
• Total profit: $62,692
• Equity at exit: $9,511

Cash invested: $30,800 (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 24301

• Active inventory: 114
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,580 medium
• Mortgage (P&I): −$577
• Tax from tax record: −$56 /mo · $667/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$332
• Net cashflow: $570

Break-even live

Break-even rent $859

Max offer price $110,000

Occupancy floor 59%

Sensitivity live

Price	-10% $632	-5% $601	+0% $570	+5% $539	+10% $508
Rent	-10% $445	-5% $507	+0% $570	+5% $632	+10% $695
Rate	-1.0pp $625	-0.5pp $598	base $570	+0.5pp $541	+1.0pp $512

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
500 Pico Ter Pulaski, VA	3.0	1.0–2.0	882	$1,580	$1.79	45d	11	0.58mi

Listing history 12 events

1. 2026-04-29
   status Pending
2. 2026-04-24
   listed $110,000 Active
3. 2026-02-23
   price $145,000
4. 2026-02-05
   listed $160,000 Active
5. 2023-10-18
   soldstatus $145,000 Closed 992-char remark

   Show marketing remark (992 chars)

   Welcome to 516 Jackson Ave in the charming town of Pulaski, Virginia! This delightful cottage with metal roof offers a warm and inviting atmosphere, making it a perfect place to call home. It is conveniently close to the historic Calfee Park. As you approach the residence, you'll be greeted by a classic covered front porch. New mulch has just been layed, adding to the curb appeal. Once inside, you will appreciate the original hardwood floors and the spacious open dining room/living room. The space is well lit with natural lighting! It has a bedroom on the main level with armoire in place of closet. Upstairs you will find two additional bedrooms with a bathroom. The basement has been freshly painted and was professionally sealed in 2020. The enclosed back porch has been used as a utility room but could also be used to sit and enjoy the view of the level back yard. There's also plenty of space for vegetable or flower gardens. Nice storage shed conveys with property. Come and see!

6. 2023-10-18
   soldstatus $145,000

   Show marketing remark (992 chars)

   Welcome to 516 Jackson Ave in the charming town of Pulaski, Virginia! This delightful cottage with metal roof offers a warm and inviting atmosphere, making it a perfect place to call home. It is conveniently close to the historic Calfee Park. As you approach the residence, you'll be greeted by a classic covered front porch. New mulch has just been layed, adding to the curb appeal. Once inside, you will appreciate the original hardwood floors and the spacious open dining room/living room. The space is well lit with natural lighting! It has a bedroom on the main level with armoire in place of closet. Upstairs you will find two additional bedrooms with a bathroom. The basement has been freshly painted and was professionally sealed in 2020. The enclosed back porch has been used as a utility room but could also be used to sit and enjoy the view of the level back yard. There's also plenty of space for vegetable or flower gardens. Nice storage shed conveys with property. Come and see!

7. 2023-09-01
   status Pending 992-char remark

   Show marketing remark (992 chars)

   Welcome to 516 Jackson Ave in the charming town of Pulaski, Virginia! This delightful cottage with metal roof offers a warm and inviting atmosphere, making it a perfect place to call home. It is conveniently close to the historic Calfee Park. As you approach the residence, you'll be greeted by a classic covered front porch. New mulch has just been layed, adding to the curb appeal. Once inside, you will appreciate the original hardwood floors and the spacious open dining room/living room. The space is well lit with natural lighting! It has a bedroom on the main level with armoire in place of closet. Upstairs you will find two additional bedrooms with a bathroom. The basement has been freshly painted and was professionally sealed in 2020. The enclosed back porch has been used as a utility room but could also be used to sit and enjoy the view of the level back yard. There's also plenty of space for vegetable or flower gardens. Nice storage shed conveys with property. Come and see!

8. 2023-08-30
   status Active 992-char remark

   Show marketing remark (992 chars)

   Welcome to 516 Jackson Ave in the charming town of Pulaski, Virginia! This delightful cottage with metal roof offers a warm and inviting atmosphere, making it a perfect place to call home. It is conveniently close to the historic Calfee Park. As you approach the residence, you'll be greeted by a classic covered front porch. New mulch has just been layed, adding to the curb appeal. Once inside, you will appreciate the original hardwood floors and the spacious open dining room/living room. The space is well lit with natural lighting! It has a bedroom on the main level with armoire in place of closet. Upstairs you will find two additional bedrooms with a bathroom. The basement has been freshly painted and was professionally sealed in 2020. The enclosed back porch has been used as a utility room but could also be used to sit and enjoy the view of the level back yard. There's also plenty of space for vegetable or flower gardens. Nice storage shed conveys with property. Come and see!

9. 2023-08-20
   historical 992-char remark

   Show marketing remark (992 chars)

   Welcome to 516 Jackson Ave in the charming town of Pulaski, Virginia! This delightful cottage with metal roof offers a warm and inviting atmosphere, making it a perfect place to call home. It is conveniently close to the historic Calfee Park. As you approach the residence, you'll be greeted by a classic covered front porch. New mulch has just been layed, adding to the curb appeal. Once inside, you will appreciate the original hardwood floors and the spacious open dining room/living room. The space is well lit with natural lighting! It has a bedroom on the main level with armoire in place of closet. Upstairs you will find two additional bedrooms with a bathroom. The basement has been freshly painted and was professionally sealed in 2020. The enclosed back porch has been used as a utility room but could also be used to sit and enjoy the view of the level back yard. There's also plenty of space for vegetable or flower gardens. Nice storage shed conveys with property. Come and see!

10. 2023-08-04
    listed $150,000 Active 992-char remark

    Show marketing remark (992 chars)

    Welcome to 516 Jackson Ave in the charming town of Pulaski, Virginia! This delightful cottage with metal roof offers a warm and inviting atmosphere, making it a perfect place to call home. It is conveniently close to the historic Calfee Park. As you approach the residence, you'll be greeted by a classic covered front porch. New mulch has just been layed, adding to the curb appeal. Once inside, you will appreciate the original hardwood floors and the spacious open dining room/living room. The space is well lit with natural lighting! It has a bedroom on the main level with armoire in place of closet. Upstairs you will find two additional bedrooms with a bathroom. The basement has been freshly painted and was professionally sealed in 2020. The enclosed back porch has been used as a utility room but could also be used to sit and enjoy the view of the level back yard. There's also plenty of space for vegetable or flower gardens. Nice storage shed conveys with property. Come and see!

11. 2015-11-10
    soldstatus $58,500
12. 2013-11-22
    listed $79,900

ⓘ 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: $667 · $56/mo
• Projected year-2 tax: $902 · $75/mo
• Expected delta: +$235/yr (+$20/mo · 35.1%)

ⓘ 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 3/10 Moderate 7 d/yr ≥93°F today · 22 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,960
• − Mortgage interest: −$6,162
• − Property taxes: −$667
• − Insurance: −$550
• − Repairs & maintenance: −$1,517
• − Management: −$1,517
• − Depreciation: −$3,200
• Taxable income: $5,347
• Est. tax owed @ 24.0%: −$1,283
• After-tax cash flow: $5,555/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: Pulaski County Public School District
• NCES district ID: 5103150
• Math proficiency: 48% ▼ -31.00%
• Reading proficiency: 61% ▼ -13.00%
• Median HH income: $44,912
• Composite: 45.98/100
• National rank: #2537
• State rank: #86 of 131 in VA

Livability — Pulaski

• Score: 67/100
• State rank: #297
• US rank: #10639

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pulaski, VA
• Population (ZIP): 13,370

Population outlook (Pulaski County) Hauer SSP2

• Today (2025): 32,949 people
• By 2030: 31,812 · -3.5%
• By 2040: 29,224 · -11.3%
• By 2050: 26,691 · -19.0%
• By 2075: 21,312 · -35.3%
• By 2100: 15,697 · -52.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 5% Black 4% Hispanic / Latino 3%
• Common ancestry: Serbian 2% Italian 2% Iranian 1%
• Foreign-born: 2% · Vietnam, Canada
• Languages at home: 97% English-only · Spanish 1%

Political lean MEDSL · Pulaski

• 2024 margin: Solid R (+44.7) · D 27.3% · R 72.0%
• 2008→2024 swing: -25.1pp toward R · 2008: -19.5pp · 2024: -44.7pp
• All cycles: 2024: R+44.7 2020: R+41.5 2016: R+40.7 2012: R+24.8 2008: R+19.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.98%
• Current HPI: 144.6556
• Rent YoY: —
• Metro: —
• 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

+37.7% since first listed

12 events — show timeline

• 2026-04-29 Pending — NRVMLS
• 2026-04-24 Listed $110,000 NRVMLS
• 2026-02-23 Price Changed $145,000 NRVMLS
• 2026-02-05 Listed $160,000 NRVMLS
• 2023-10-18 Sold (Public Records) $145,000 Public Records
• 2023-10-18 Sold (MLS) $145,000 NRVMLS
• 2023-09-01 Pending — NRVMLS
• 2023-08-30 Relisted — NRVMLS
• 2023-08-20 Delisted — NRVMLS
• 2023-08-04 Listed $150,000 NRVMLS
• 2015-11-10 Sold (Public Records) $58,500 Public Records
• 2013-11-22 Listed $79,900 NRVMLS

Property tax history

+6.2%/yr

Latest (2026): $667 · +0.0% YoY. Source: county tax records.