710 Druid Ln · Martinsville, VA 24112

$209,900

5 bd · 2.0 ba · 1,029 sqft · Other public records · 1 Days on market

Built 1960 0.41 ac lot

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Why this score? — see what drove the F 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 +8.7/30.0
• ARV discount +7.5/15.0
• Livability +3.5/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0
• 1% rule +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into this beautifully updated home in the desirable Druid Hills subdivision! Nestled on a spacious cul-de-sac lot, this property offers both comfort and convenience. Recent upgrades include a fully updated kitchen, renovated bathrooms, new flooring, a brand-new roof, and a newly installed electrical panel—giving you peace of mind and modern style all in one. Enjoy easy access to the bypass, making commutes to Roanoke or Greensboro easy. . Schedule your showing today and see all it has to offer! Some photos may be digitally enhanced. Information taken from tax assessment and/or seller. Buyer/Buyer Agent to verify.

Key facts

• 0.41 acre lot
• Parking
• Built 1960

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath other listed at $210k.

Deal economics

• At list price, monthly cash flow is $-178 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $178k (15.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $138k (34.4% below list).
• Recommended offer: $138k (34.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 70/100 on livability (#231 in VA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, schools B; Watch: amenities F, commute F, employment D-.
• Martinsville City Public School District (town): math 29% / reading 53% proficiency, ranked #122 of 131 in VA (top 93%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 256 active listings in the ZIP; 5 units permitted in Martinsville city in 2024 (5 in 5+ unit buildings).
• This rent runs 34% of the median local income ($49k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Martinsville County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 1 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.
• Current owner paid $66k; list at $210k implies a 218% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $137,603 (34.4% below list)

Questions for the listing agent

1. 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?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.66% ✗
• Cap rate: 5.28%
• Cash-on-cash: -3.63%
• DSCR: 0.84
• GRM: 12.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -22.5%
• Equity multiple: 0.23×
• Total profit: $-45,433
• Equity at exit: $31,297

10-year hold

• IRR: -16.8%
• Equity multiple: 0.07×
• Total profit: $-54,527
• Equity at exit: $18,148

Cash invested: $58,772 (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 24112

• Active inventory: 256
• Price-to-rent: 12.7×

Monthly cashflow live

• Estimated rent: $1,376 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$77 /mo · $921/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $-178

Break-even live

Break-even rent $1,601

Max offer price $178,483

Occupancy floor —

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: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-04-18
   historical Active Under Contract 632-char remark

   Show marketing remark (632 chars)

   Step into this beautifully updated home in the desirable Druid Hills subdivision! Nestled on a spacious cul-de-sac lot, this property offers both comfort and convenience. Recent upgrades include a fully updated kitchen, renovated bathrooms, new flooring, a brand-new roof, and a newly installed electrical panel—giving you peace of mind and modern style all in one. Enjoy easy access to the bypass, making commutes to Roanoke or Greensboro easy. . Schedule your showing today and see all it has to offer! Some photos may be digitally enhanced. Information taken from tax assessment and/or seller. Buyer/Buyer Agent to verify.

2. 2026-04-18
   status Pending

   Show marketing remark (632 chars)

   Step into this beautifully updated home in the desirable Druid Hills subdivision! Nestled on a spacious cul-de-sac lot, this property offers both comfort and convenience. Recent upgrades include a fully updated kitchen, renovated bathrooms, new flooring, a brand-new roof, and a newly installed electrical panel—giving you peace of mind and modern style all in one. Enjoy easy access to the bypass, making commutes to Roanoke or Greensboro easy. . Schedule your showing today and see all it has to offer! Some photos may be digitally enhanced. Information taken from tax assessment and/or seller. Buyer/Buyer Agent to verify.

3. 2026-04-15
   listed $209,900 Active 632-char remark

   Show marketing remark (632 chars)

   Step into this beautifully updated home in the desirable Druid Hills subdivision! Nestled on a spacious cul-de-sac lot, this property offers both comfort and convenience. Recent upgrades include a fully updated kitchen, renovated bathrooms, new flooring, a brand-new roof, and a newly installed electrical panel—giving you peace of mind and modern style all in one. Enjoy easy access to the bypass, making commutes to Roanoke or Greensboro easy. . Schedule your showing today and see all it has to offer! Some photos may be digitally enhanced. Information taken from tax assessment and/or seller. Buyer/Buyer Agent to verify.

4. 2026-04-15
   listed $209,900 Active

   Show marketing remark (632 chars)

   Step into this beautifully updated home in the desirable Druid Hills subdivision! Nestled on a spacious cul-de-sac lot, this property offers both comfort and convenience. Recent upgrades include a fully updated kitchen, renovated bathrooms, new flooring, a brand-new roof, and a newly installed electrical panel—giving you peace of mind and modern style all in one. Enjoy easy access to the bypass, making commutes to Roanoke or Greensboro easy. . Schedule your showing today and see all it has to offer! Some photos may be digitally enhanced. Information taken from tax assessment and/or seller. Buyer/Buyer Agent to verify.

5. 1994-11-01
   soldstatus $66,000

ⓘ 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: $921 · $77/mo
• Projected year-2 tax: $1,721 · $143/mo
• Expected delta: +$801/yr (+$67/mo · 87.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,512
• − Mortgage interest: −$11,758
• − Property taxes: −$921
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,321
• − Management: −$1,321
• − Depreciation: −$6,106
• Taxable loss: −$5,964
• Est. tax savings @ 24.0%: +$1,431
• After-tax cash flow: $-703/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: Martinsville City Public School District
• NCES district ID: 5102400
• Math proficiency: 29% ▼ -51.00%
• Reading proficiency: 53% ▼ -14.00%
• Median HH income: $31,215
• Composite: 33.43/100
• National rank: #5467
• State rank: #122 of 131 in VA

Livability — Martinsville

• Score: 70/100
• State rank: #231
• US rank: #7826

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Martinsville, VA
• County: Martinsville City · 31,028 people
• City population: 31,028
• Metro: Martinsville, VA
• Population (ZIP): 31,028
• Household income: $48,770
• Rent vs Own: 33.0% rent · 67.0% own
• Severe rent burden: 888.0

Population outlook (Martinsville County) Hauer SSP2

• Today (2025): 13,026 people
• By 2030: 12,673 · -2.7%
• By 2040: 11,933 · -8.4%
• By 2050: 11,136 · -14.5%
• By 2075: 9,886 · -24.1%
• By 2100: 8,334 · -36.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 50% Black 38% Hispanic / Latino 7% Two or more races 5% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Slovak 1% Italian 1% Lithuanian 1%
• Foreign-born: 5% · Canada
• Languages at home: 92% English-only · Spanish 6% Other Indo-European 1%

Political lean MEDSL · Martinsville

• 2024 margin: Strong D (+22.6) · D 60.7% · R 38.1% · Other 1.2%
• 2008→2024 swing: -5.4pp toward R · 2008: 28.0pp · 2024: 22.6pp
• All cycles: 2024: D+22.6 2020: D+26.6 2016: D+23.5 2012: D+24.6 2008: D+28.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -95.37%
• Current HPI: 172.4393
• Rent YoY: —
• Metro: Martinsville, 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
▸Technology / Defense	3	$32B
▸Financial Services	2	$176B
▸Utilities	2	$27B
▸Insurance	2	$25B
▸Technology	2	$15B

Price history

+218.0% since first listed

5 events — show timeline

• 2026-04-18 Contingent — MHPCAR
• 2026-04-18 Pending — MLSRV
• 2026-04-15 Listed $209,900 MHPCAR
• 2026-04-15 Listed $209,900 MLSRV
• 1994-11-01 Sold (Public Records) $66,000 Public Records

Property tax history

+1.0%/yr

Latest (2025): $921 · -10.5% YoY. Source: county tax records.