14514 Iberia Cir · Chantilly, VA 20151

$89,900

4 bd · 2.0 ba · 1,492 sqft · SingleFamily · 58 Days on market

Built 2007 $60/sqft · 14% below area Est $104k · 14% under

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Why this score? — see what drove the C- 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 +15.0/30.0
• ARV discount +13.7/15.0
• Schools +6.3/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +4.0/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * Property Sold As-Is, Cash or Special Financing / Own a home for less than renting! This charming manufactured home in the desirable Meadows of Chantilly offers a perfect blend of comfort and style. * * Meadows of Chantilly is a Manufactured Home Community where the home is owned and the land is leased * * With 4 spacious bedrooms and 2 full bathrooms, this home is designed for relaxation and ease. The open floor plan seamlessly connects the living and dining areas, enhanced by ceiling fans for added comfort. The kitchen is equipped with lots of cabinets and counter space making meal prep a breeze. Enjoy outdoor living on the inviting porch or take advantage of the community pool for summer fun. Located in a vibrant neighborhood, residents benefit from nearby parks, excellent schools and convenient community amenities. With a driveway for parking and a shed for extra storage, this home is ready for you to create your own oasis. Experience the warmth and charm of this delightful property today!

Key facts

• Open floor plan
• Driveway for parking
• Community pool

Tags

• DOUBLE-WIDE MANUFACTURED HOME
• OPEN FLOOR PLAN
• OUTDOOR LIVING
• COMMUNITY POOL
• NEARBY PARKS
• DRIVEWAY FOR PARKING

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $3k ($32k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $90k).
• Recommended offer: $87k (3.0% below list) — sets the bar for market timing.
• Cap rate 41.4% vs local median 3.0% in Chantilly — 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 (#66 in VA, #2,106 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, employment A+; Watch: commute F, cost of living F.
• Fairfax County Public School District (suburban): math 61% / reading 73% proficiency, ranked #13 of 131 in VA (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+3.3%/yr); 83 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 2,861 units permitted in Fairfax County in 2024 (1,829 in 5+ unit buildings).
• This rent runs 31% of the median local income ($158k/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 $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Fairfax County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.3% rent growth), your $25k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y ago; this cycle's ask has dropped $10k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $72k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,203 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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. 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.
5. 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.
6. 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: 4.58% ✓
• Cap rate: 41.38%
• Cash-on-cash: 125.31%
• DSCR: 6.58
• GRM: 1.8

CMA / ARV

• ARV (median comp): $104,265
• List price: $89,900
• Delta: -13.78%
• Verdict: UNDERPRICED
• Comps: 17 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14511 Lake Central Dr	0.07mi	3/2.0 (-1)	1,680 (+13%)	12mo	$120,000	$71	61
14542 Iberia Cir	0.09mi	3/2.0 (-1)	1,680 (+13%)	13mo	$137,900	$82	58
14604 Icelandic Pl	0.10mi	3/2.0 (-1)	1,339 (-10%)	18mo	$85,000	$63	58
14615 Pan Am Ave	0.29mi	3/2.0 (-1)	1,428 (-4%)	21mo	$95,000	$67	56
14604 Northwest Pl	0.13mi	3/2.0 (-1)	1,300 (-13%)	14mo	$84,000	$65	56
14528 Lanica Cir	0.23mi	3/2.0 (-1)	1,333 (-11%)	13mo	$87,000	$65	56
14548 Iberia Cir	0.10mi	3/2.0 (-1)	1,700 (+14%)	22mo	$96,000	$56	49

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 · 3.33% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 7.13×
• Total profit: $154,278
• Equity at exit: $13,404

10-year hold

• IRR: —
• Equity multiple: 15.14×
• Total profit: $355,826
• Equity at exit: $7,773

Cash invested: $25,172 (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 20151

• Rents YoY: 3.3%
• Active inventory: 83
• Price-to-rent: 1.8×

Monthly cashflow live

• Estimated rent: $4,114 medium
• Mortgage (P&I): −$471
• Tax est. 1.5%: −$112 /mo · $1,348/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$864
• Net cashflow: $2,629

Break-even live

Break-even rent $786

Max offer price $89,900

Occupancy floor 31%

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14530 George Carter Way Chantilly, VA	3.0	2.5	1608	$5,000	$3.11	43d	1	0.69mi
3840 Lightfoot St Chantilly, VA	3.0	2.0	1233	$2,625	$2.13	43d	2	1.17mi
4169 Pleasant Meadow Ct Unit 1 Chantilly, VA	3.0	2.5	1400	$2,900	$2.07	24d	1	1.50mi

Listing history 22 events

1. 2026-06-18
   days on market $89,900 Active 58 DOM
2. 2026-06-17
   days on market $89,900 Active 57 DOM
3. 2026-06-16
   days on market $89,900 Active 56 DOM
4. 2026-06-15
   days on market $89,900 Active 55 DOM
5. 2026-06-13
   days on market $89,900 Active 53 DOM
6. 2026-06-13
   days on market $89,900 Active 52 DOM
7. 2026-06-09
   days on market $89,900 Active 49 DOM
8. 2026-06-08
   days on market $89,900 Active 48 DOM
9. 2026-06-07
   pricedays on market $89,900 Active 47 DOM
10. 2026-06-04
    days on market $99,900 Active 44 DOM
11. 2026-06-03
    days on market $99,900 Active 43 DOM
12. 2026-06-02
    days on market $99,900 Active 42 DOM
13. 2026-06-01
    days on market $99,900 Active 41 DOM
14. 2026-05-31
    days on market $99,900 Active 40 DOM
15. 2026-04-21
    listed $99,900 Active 1015-char remark

    Show marketing remark (1015 chars)

    * * Property Sold As-Is, Cash or Special Financing / Own a home for less than renting! This charming manufactured home in the desirable Meadows of Chantilly offers a perfect blend of comfort and style. * * Meadows of Chantilly is a Manufactured Home Community where the home is owned and the land is leased * * With 4 spacious bedrooms and 2 full bathrooms, this home is designed for relaxation and ease. The open floor plan seamlessly connects the living and dining areas, enhanced by ceiling fans for added comfort. The kitchen is equipped with lots of cabinets and counter space making meal prep a breeze. Enjoy outdoor living on the inviting porch or take advantage of the community pool for summer fun. Located in a vibrant neighborhood, residents benefit from nearby parks, excellent schools and convenient community amenities. With a driveway for parking and a shed for extra storage, this home is ready for you to create your own oasis. Experience the warmth and charm of this delightful property today!

16. 2017-12-20
    soldstatus $72,000 Sold 340-char remark

    Show marketing remark (340 chars)

    Beautiful 3BR 2BA manufactured home in Fairfax County. Own for less than renting. Large, bright kitchen, separate dining room. Cozy front porch. Large family room. W/ I closets in every room. Storage shed. Long driveway for 3 cars. Community pool, tot lot, 24/7 fitness center. Subject to community credit & criminal background check.

17. 2017-12-20
    soldstatus $72,000 Closed

    Show marketing remark (340 chars)

    Beautiful 3BR 2BA manufactured home in Fairfax County. Own for less than renting. Large, bright kitchen, separate dining room. Cozy front porch. Large family room. W/ I closets in every room. Storage shed. Long driveway for 3 cars. Community pool, tot lot, 24/7 fitness center. Subject to community credit & criminal background check.

18. 2017-12-06
    status Contingent (No Kick Out) 340-char remark

    Show marketing remark (340 chars)

    Beautiful 3BR 2BA manufactured home in Fairfax County. Own for less than renting. Large, bright kitchen, separate dining room. Cozy front porch. Large family room. W/ I closets in every room. Storage shed. Long driveway for 3 cars. Community pool, tot lot, 24/7 fitness center. Subject to community credit & criminal background check.

19. 2017-11-09
    status Active 340-char remark

    Show marketing remark (340 chars)

    Beautiful 3BR 2BA manufactured home in Fairfax County. Own for less than renting. Large, bright kitchen, separate dining room. Cozy front porch. Large family room. W/ I closets in every room. Storage shed. Long driveway for 3 cars. Community pool, tot lot, 24/7 fitness center. Subject to community credit & criminal background check.

20. 2017-10-26
    historical Temporarily Off-Market 340-char remark

    Show marketing remark (340 chars)

    Beautiful 3BR 2BA manufactured home in Fairfax County. Own for less than renting. Large, bright kitchen, separate dining room. Cozy front porch. Large family room. W/ I closets in every room. Storage shed. Long driveway for 3 cars. Community pool, tot lot, 24/7 fitness center. Subject to community credit & criminal background check.

21. 2017-10-10
    listed $79,900 Active 340-char remark

    Show marketing remark (340 chars)

    Beautiful 3BR 2BA manufactured home in Fairfax County. Own for less than renting. Large, bright kitchen, separate dining room. Cozy front porch. Large family room. W/ I closets in every room. Storage shed. Long driveway for 3 cars. Community pool, tot lot, 24/7 fitness center. Subject to community credit & criminal background check.

22. 2017-10-10
    listed $79,900 Active

    Show marketing remark (340 chars)

    Beautiful 3BR 2BA manufactured home in Fairfax County. Own for less than renting. Large, bright kitchen, separate dining room. Cozy front porch. Large family room. W/ I closets in every room. Storage shed. Long driveway for 3 cars. Community pool, tot lot, 24/7 fitness center. Subject to community credit & criminal background check.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $49,364
• − Mortgage interest: −$5,036
• − Property taxes: −$1,348
• − Insurance: −$450
• − Repairs & maintenance: −$3,949
• − Management: −$3,949
• − Depreciation: −$2,615
• Taxable income: $32,017
• Est. tax owed @ 24.0%: −$7,684
• After-tax cash flow: $23,858/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: Fairfax County Public School District
• NCES district ID: 5101260
• Math proficiency: 61% ▼ -24.00%
• Reading proficiency: 73% ▼ -8.00%
• Median HH income: $110,238
• Composite: 62.59/100
• National rank: #679
• State rank: #13 of 131 in VA

Livability — Chantilly

• Score: 79/100
• State rank: #66
• US rank: #2106

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chantilly, VA
• County: Fairfax County · 1,104,456 people
• City population: 59,284
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• Population (ZIP): 22,610
• Household income: $158,271
• Rent vs Own: 19.0% rent · 81.0% own
• Severe rent burden: 291.0

Population outlook (Fairfax County) Hauer SSP2

• Today (2025): 1,237,259 people
• By 2030: 1,277,758 · +3.3%
• By 2040: 1,346,508 · +8.8%
• By 2050: 1,397,919 · +13.0%
• By 2075: 1,493,100 · +20.7%
• By 2100: 1,465,712 · +18.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: Asian 37% White 33% Hispanic / Latino 22% Two or more races 11% Black 4%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Romanian 3% Italian 1% Lithuanian 1%
• Foreign-born: 42% · Canada, Vietnam, South Korea
• Languages at home: 47% English-only · Spanish 18% Other Indo-European 11% Other Asian/Pacific 7%

Political lean MEDSL · Fairfax

• 2024 margin: Solid D (+35.0) · D 66.1% · R 31.1% · Other 2.8%
• 2008→2024 swing: +13.8pp toward D · 2008: 21.2pp · 2024: 35.0pp
• All cycles: 2024: D+35.0 2020: D+41.9 2016: D+36.2 2012: D+19.8 2008: D+21.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -262.61%
• Current HPI: 313.472
• Rent YoY: ▲ 3.33%
• Metro: Washington-Arlington-Alexandria, DC-VA-MD-WV
• 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

+25.0% since first listed

8 events — show timeline

• 2026-04-21 Listed $99,900 BRIGHT MLS
• 2017-12-20 Sold (MLS) $72,000 BRIGHT MLS
• 2017-12-20 Sold (MLS) $72,000 MRIS
• 2017-12-06 Pending — MRIS
• 2017-11-09 Relisted — MRIS
• 2017-10-26 Delisted — MRIS
• 2017-10-10 Listed $79,900 MRIS
• 2017-10-10 Listed $79,900 BRIGHT MLS