505 Arches Ln · Ruckersville, VA 22923

$399,990

5 bd · 2.5 ba · 2,203 sqft · SingleFamily · 12 Days on market

Built 2026 Excellent condition 6,534 sqft lot Est $487k · 18% under $105/mo HOA · 3% of rent

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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 +15.0/15.0
• Cash flow +11.2/30.0
• Condition / age +5.0/5.0
• Schools +4.5/10.0
• 1% rule +3.6/10.0
• DSCR +3.3/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to Creekside 2-Story! An amenity rich community featuring 2 pools, clubhouse with fitness center, playground, pickleball courts, walking trails and much more! Located north of Charlottesville off Route 29, set in a peaceful scenic area with beautiful mountain views. With a Fall Delivery, this Elder floorplan offers 4 to 5 bedrooms, 2.5 bath, & 2-car garage; including the option to choose a versatile loft or convert it into an additional bedroom to suit your lifestyle needs. The main level welcomes you with an open-concept design where a light-filled great room flows naturally into a chef-inspired kitchen, complete with a large island overlooking the dining space, ideal for host

Key facts

• Pickleball courts
• 2 pools
• Playground

Tags

• 2 POOLS
• CLUBHOUSE WITH FITNESS CENTER
• PLAYGROUND
• PICKLEBALL COURTS
• WALKING TRAILS
• MOUNTAIN VIEWS

Property features AI

Finance

• Other: Community model and directions available
• HOA & community: Homeowners association with monthly fee of $105; Association covers common area maintenance, clubhouse, fitness facility, pool(s), road maintenance, snow removal, and trash; Community amenities include clubhouse, fitness center, meeting room, playground, pool, tennis courts, and trails

Exterior

• Parking: Attached garage; Two garage spaces; Garage faces front; Garage door opener; Off-street parking; Concrete driveway; Electricity in garage
• Security: Deadbolt locks; Smoke detectors; Carbon monoxide detectors; Radon mitigation system
• Utilities: Public water; Public sewer; Underground electric; Cable available; Fiber optic available
• Home design: Detached single-family home; Two stories; New construction; HERS Index Score verification; Low-VOC paint/materials
• Construction: Stick-built with vinyl siding; Insulated Concrete Forms (ICFs); Blown-in insulation; Poured slab foundation; Architectural roof
• Exterior features: Landscaped lot; Community pool and association pool access; Sidewalks

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Kitchen island; Garbage disposal; ENERGY STAR qualified appliances
• Bedrooms: Walk-in closet(s) (primary or other bedrooms)
• Flooring: Carpet; Luxury vinyl plank
• Bathrooms: Two full bathrooms; One half bathroom
• Heating & cooling: Heat pump for heating and cooling
• Interior features: Double vanity in bath(s); Walk-in closet(s); Entrance foyer; Home office; Kitchen island; Programmable thermostat; Recessed lighting; Insulated windows with low-E glass, screens, and tilt-in operation
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 5-bed/2.5-bath single-family listed at $400k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-153 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $378k (5.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $344k (14.1% below list).
• Recommended offer: $344k (14.1% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 4.7% in Ruckersville — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 66/100 on livability (#318 in VA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A, housing A-; Watch: amenities F, commute F, health & safety F.
• Greene County Public School District (town): math 40% / reading 64% proficiency, ranked #88 of 131 in VA (top 67%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Ruckersville Elementary (math 54% / reading 62%, grade C+, #583 of 1,108 statewide, top 53%, 506 students, 68% FRL); William Monroe Middle (math 36% / reading 65%, grade C, #226 of 342 statewide, top 67%, 675 students, 67% FRL); William Monroe High (math 40% / reading 78%, grade C+, #256 of 319 statewide, top 81%, 957 students, 67% FRL) — zoned schools average 68% FRL vs 32% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 185 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 204 units permitted in Greene County in 2024 (34 in 5+ unit buildings).
• This rent runs 35% of the median local income ($118k/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 $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Greene County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $343,772 (14.1% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.86% ✗
• Cap rate: 5.83%
• Cash-on-cash: -1.64%
• DSCR: 0.93
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $486,863
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
94 Everglades Rd	0.01mi	4/2.5 (-1)	1,903 (-14%)	4mo	$424,760	$223	69
27 Everglades Rd	0.17mi	4/2.5 (-1)	1,903 (-14%)	2mo	$416,980	$219	63
140 Gunnison Dr	0.17mi	4/3.0 (-1)	1,925 (-13%)	2mo	$465,000	$242	62
47 Everglades Rd	0.19mi	4/2.5 (-1)	1,903 (-14%)	2mo	$421,480	$221	62
107 Everglades Rd	0.19mi	4/2.5 (-1)	1,903 (-14%)	3mo	$435,310	$229	61
92 Everglades Rd	0.19mi	4/2.5 (-1)	1,903 (-14%)	3mo	$419,990	$221	61
195 Arches Ln	0.15mi	4/2.5 (-1)	1,903 (-14%)	6mo	$411,325	$216	60
82 Everglades Rd	0.20mi	4/2.5 (-1)	1,903 (-14%)	4mo	$451,815	$237	60
87 Everglades Rd	0.24mi	4/2.5 (-1)	1,903 (-14%)	4mo	$438,055	$230	58
234 Trailfork Rd	0.74mi	4/2.5 (-1)	2,210 (+0%)	3mo	$459,990	$208	57
205 Trailfork Rd	0.74mi	4/2.0 (-1)	2,210 (+0%)	2mo	$404,750	$183	57
215 Trailfork Rd	0.73mi	4/2.5 (-1)	2,400 (+9%)	2mo	$439,780	$183	44

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: -19.0%
• Equity multiple: 0.34×
• Total profit: $-74,472
• Equity at exit: $59,640

10-year hold

• IRR: -11.5%
• Equity multiple: 0.31×
• Total profit: $-76,960
• Equity at exit: $34,584

Cash invested: $111,997 (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 22923

• Home prices YoY: -3.6%
• Active inventory: 185
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $3,438 medium
• Mortgage (P&I): −$2,098
• Tax est. 1.5%: −$500 /mo · $6,000/yr
• Insurance: −$167
• HOA: −$105
• Vacancy / Maint / Mgmt: −$722
• Net cashflow: $-153

Break-even live

Break-even rent $3,632

Max offer price $377,787

Occupancy floor 99%

Sensitivity live

Price	-10% $123	-5% $-15	+0% $-153	+5% $-292	+10% $-430
Rent	-10% $-425	-5% $-289	+0% $-153	+5% $-18	+10% $118
Rate	-1.0pp $48	-0.5pp $-52	base $-153	+0.5pp $-257	+1.0pp $-363

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: $99,998
• Closing costs: $12,000
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
92 Everglades RD Barboursville, VA	4.0	2.5	1903	$2,795	$1.47	14d	1	0.17mi
54 Mannie Ct Barboursville, VA	4.0	2.0	1680	$2,600	$1.55	14d	1	0.85mi
100 Fir Tree Ln Barboursville, VA	4.0	2.5	2802	$3,100	$1.11	6d	1	1.19mi

HOA detail

• Monthly dues: $105 · $1,260/yr
• Likely covers: poolgym

Listing history 6 events

1. 2026-06-03
   days on market $399,990 Active 12 DOM
2. 2026-06-02
   days on market $399,990 Active 11 DOM
3. 2026-06-01
   days on market $399,990 Active 10 DOM
4. 2026-05-31
   days on market $399,990 Active 9 DOM
5. 2026-05-30
   days on market $399,990 Active 8 DOM
6. 2026-05-22
   listed $399,990 Active

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

Taxation est. · year 1

• Rental income: $41,253
• − Mortgage interest: −$22,406
• − Property taxes: −$6,000
• − Insurance: −$2,000
• − Repairs & maintenance: −$3,300
• − Management: −$3,300
• − HOA: −$1,260
• − Depreciation: −$11,636
• Taxable loss: −$8,649
• Est. tax savings @ 24.0%: +$2,076
• After-tax cash flow: $235/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.

Condition & rehab AI · 21 photos

Excellent 100/100 None rehab

This home is in excellent condition with modern amenities and a well-maintained exterior. It offers a great value for both resale and rental markets.

Value-add opportunities

• Both Landscaping improvements — Enhances curb appeal and adds value.
• Both Painting exterior and interior — Fresh paint can make the home look newer and more appealing.
• Resale Upgrading appliances — Modern appliances can attract more buyers.
• Both Adding smart home features — Improves convenience and adds value for both buyers and renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping improvements — Enhances curb appeal and adds value. ↑
• Both Painting exterior and interior — Fresh paint can make the home look newer and more appealing. ↑
• Resale Upgrading appliances — Modern appliances can attract more buyers. ↑
• Both Adding smart home features — Improves convenience and adds value for both buyers and renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Greene County Public School District
• NCES district ID: 5101710
• Math proficiency: 40% ▼ -37.00%
• Reading proficiency: 64% ▼ -7.00%
• Median HH income: $59,129
• Composite: 45.22/100
• National rank: #2668
• State rank: #88 of 131 in VA

Livability — Ruckersville

• Score: 66/100
• State rank: #318
• US rank: #11455

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Orange County · 21,992 people
• Metro: Charlottesville, VA
• Population (ZIP): 6,435
• Household income: $118,125
• Rent vs Own: 25.2% rent · 74.8% own
• Severe rent burden: 42.0

Population outlook (Greene County) Hauer SSP2

• Today (2025): 20,465 people
• By 2030: 20,958 · +2.4%
• By 2040: 21,619 · +5.6%
• By 2050: 21,699 · +6.0%
• By 2075: 21,656 · +5.8%
• By 2100: 20,156 · -1.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Black 5% Two or more races 5% Asian 1%
• Common ancestry: Slovak 5% Portuguese 3% Italian 3%
• Foreign-born: 3%
• Languages at home: 97% English-only · Other Asian/Pacific 1% French/Haitian/Cajun 1% German/W. Germanic 1%

Political lean MEDSL · Greene

• 2024 margin: Strong R (+24.7) · D 37.0% · R 61.7% · Other 1.2%
• 2008→2024 swing: -2.9pp toward R · 2008: -21.9pp · 2024: -24.7pp
• All cycles: 2024: R+24.7 2020: R+23.9 2016: R+31.8 2012: R+25.3 2008: R+21.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -11.41%
• Current HPI: 303.0348
• Rent YoY: —
• Metro: Charlottesville, 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

1 event — show timeline

• 2026-05-22 Listed $399,990 CAAR