157 Jordan St · Dublin, VA 24084

$148,000

2 bd · 1.0 ba · 806 sqft · SingleFamily · 1 Days on market

Built 1950 0.29 ac lot Est $153k · at est.

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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).

• Cash flow +13.3/30.0
• ARV discount +9.0/15.0
• Schools +4.6/10.0
• DSCR +4.0/10.0
• Livability +3.5/5.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

GO FOR IT!! With low-down or even no-down payment & monthly payments that are likely less than your monthly rent, it's no gamble to buy this 2BR, Expandable Ranch W/ 3 sides -partially fenced yard, 2 lots, Storage Bldg & Room to build Garage or Carport. NEW Storage Building -2018, NEW Roof - 2014, NEW Roof over Rear Patio - 2014, NEW Interior Paint - 2018, NEW Carpet & Paneling - BR #2 - 2018, NEW Heat Pump -2013, NEW Hot Water Heater - 2011, NEW Kitchen Subfloor & Vinyl - 2010, NEW Faucets in Kitchen & Bath - 2010, NEW Screens on Windows -2019. NEW 200 Amp Elect Box - 2012. All Blinds & Curtains Convey. Front Concrete Covered Porch is 18.75 x 4.67. Rear Covered Patio is 14.25 x 9.67. LEVEL Yard - Plenty of Room to Play OR- Add on to Home, Build Garage, Park Boats and RV's, & Etc. Hardwood under carpet in Living Room & BR #2. VERY CONVENIENT LOCATION as 2 Minutes & 1.3 Miles from I-81 PLUS close to shopping, schools & Restaurants. Great access for Radford, Blacksburg & Wytheville.

Key facts

• New heat pump
• Updated electrical
• New kitchen

Tags

• NEW HEAT PUMP
• NEW KITCHEN
• NEW BATHROOM
• NEW INSULATED WINDOWS
• UPDATED ELECTRICAL
• UPDATED PLUMBING

Property features AI

Exterior

• Parking: Gravel parking
• Utilities: Public water; Public sewer
• Home design: Single-family detached residence; One level / 1 story
• Construction: Vinyl siding; Shingle roof
• Exterior features: Garden; Patio; Porch; Storm doors; Fenced yard; Shed(s)

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator; Electric water heater
• Flooring: Hardwood; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Heat pump heating; Ceiling fan cooling
• Interior features: Window coverings; Concrete and crawl space basement with sump pump; 5 total rooms
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $148k.

Deal economics

• At list price, monthly cash flow is $1 ($13/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $111k (25.2% below list).
• Recommended offer: $111k (25.2% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 4.1% in Dublin — 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 69/100 on livability (#251 in VA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities F, commute F, health & safety 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: Dublin Elementary (math 52% / reading 52%, grade C-, #696 of 1,108 statewide, top 66%, 436 students, 79% 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 (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 94 active listings in the ZIP; 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 $1k of loan paydown is wiped out by about $4k 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.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 9y 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.
• Current owner paid $66k; list at $148k implies a 126% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $110,647 (25.2% below list)

Questions for the listing agent

1. Built in 1950 — 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. 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: 0.75% ✗
• Cap rate: 6.30%
• Cash-on-cash: 0.03%
• DSCR: 1.00
• GRM: 11.1

CMA / ARV

• ARV (on-the-fly): $153,140
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
212 Dunbar Ave	0.19mi	2/1.0	800 (-1%)	6mo	$159,000	$199	84
113 High St	0.06mi	2/1.0	754 (-6%)	11mo	$135,700	$180	78
132 Circle Dr	0.10mi	2/1.0	918 (+14%)	1mo	$160,000	$174	71
308 Galway Ave	0.44mi	2/1.0	850 (+6%)	2mo	$199,000	$234	69
105 Dunbar Ave	0.27mi	3/1.0 (+1)	776 (-4%)	14mo	$147,400	$190	65
465 Church St	0.70mi	2/1.0	825 (+2%)	3mo	$185,000	$224	61
124 3rd St	0.51mi	2/1.0	912 (+13%)	12mo	$149,900	$164	44
113 Third St	0.51mi	2/1.0	720 (-11%)	19mo	$29,900	$42	43
5145 Deertrot Rd	0.69mi	1/1.0 (-1)	725 (-10%)	8mo	$292,000	$403	39

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: -16.3%
• Equity multiple: 0.42×
• Total profit: $-23,991
• Equity at exit: $22,067

10-year hold

• IRR: -8.1%
• Equity multiple: 0.49×
• Total profit: $-21,112
• Equity at exit: $12,796

Cash invested: $41,440 (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 24084

• Home prices YoY: -34.4%
• Active inventory: 94
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $1,106 medium
• Mortgage (P&I): −$776
• Tax from tax record: −$35 /mo · $423/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$232
• Net cashflow: $1

Break-even live

Break-even rent $1,105

Max offer price $148,000

Occupancy floor 95%

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: $37,000
• Closing costs: $4,440
• Reserves months: —
• Total cash needed: —

Listing history 6 events

1. 2026-05-29
   status Pending
2. 2026-05-28
   listed $148,000 Active
3. 2020-03-06
   soldstatus $65,500 1060-char remark

   Show marketing remark (1060 chars)

   GO FOR IT!! With low-down or even no-down payment & monthly payments that are likely less than your monthly rent, it's no gamble to buy this 2BR, Expandable Ranch W/ 3 sides -partially fenced yard, 2 lots, Storage Bldg & Room to build Garage or Carport. NEW Storage Building -2018, NEW Roof - 2014, NEW Roof over Rear Patio - 2014, NEW Interior Paint - 2018, NEW Carpet & Paneling - BR #2 - 2018, NEW Heat Pump -2013, NEW Hot Water Heater - 2011, NEW Kitchen Subfloor & Vinyl - 2010, NEW Faucets in Kitchen & Bath - 2010, NEW Screens on Windows -2019. NEW 200 Amp Elect Box - 2012. All Blinds & Curtains Convey. Front Concrete Covered Porch is 18.75 x 4.67. Rear Covered Patio is 14.25 x 9.67. LEVEL Yard - Plenty of Room to Play OR- Add on to Home, Build Garage, Park Boats and RV's, & Etc. Hardwood under carpet in Living Room & BR #2. VERY CONVENIENT LOCATION as 2 Minutes & 1.3 Miles from I-81 PLUS close to shopping, schools & Restaurants. Great access for Radford, Blacksburg & Wytheville.

4. 2020-03-06
   soldstatus $65,500

   Show marketing remark (1060 chars)

   GO FOR IT!! With low-down or even no-down payment & monthly payments that are likely less than your monthly rent, it's no gamble to buy this 2BR, Expandable Ranch W/ 3 sides -partially fenced yard, 2 lots, Storage Bldg & Room to build Garage or Carport. NEW Storage Building -2018, NEW Roof - 2014, NEW Roof over Rear Patio - 2014, NEW Interior Paint - 2018, NEW Carpet & Paneling - BR #2 - 2018, NEW Heat Pump -2013, NEW Hot Water Heater - 2011, NEW Kitchen Subfloor & Vinyl - 2010, NEW Faucets in Kitchen & Bath - 2010, NEW Screens on Windows -2019. NEW 200 Amp Elect Box - 2012. All Blinds & Curtains Convey. Front Concrete Covered Porch is 18.75 x 4.67. Rear Covered Patio is 14.25 x 9.67. LEVEL Yard - Plenty of Room to Play OR- Add on to Home, Build Garage, Park Boats and RV's, & Etc. Hardwood under carpet in Living Room & BR #2. VERY CONVENIENT LOCATION as 2 Minutes & 1.3 Miles from I-81 PLUS close to shopping, schools & Restaurants. Great access for Radford, Blacksburg & Wytheville.

5. 2020-01-17
   listed $69,950 1060-char remark

   Show marketing remark (1060 chars)

   GO FOR IT!! With low-down or even no-down payment & monthly payments that are likely less than your monthly rent, it's no gamble to buy this 2BR, Expandable Ranch W/ 3 sides -partially fenced yard, 2 lots, Storage Bldg & Room to build Garage or Carport. NEW Storage Building -2018, NEW Roof - 2014, NEW Roof over Rear Patio - 2014, NEW Interior Paint - 2018, NEW Carpet & Paneling - BR #2 - 2018, NEW Heat Pump -2013, NEW Hot Water Heater - 2011, NEW Kitchen Subfloor & Vinyl - 2010, NEW Faucets in Kitchen & Bath - 2010, NEW Screens on Windows -2019. NEW 200 Amp Elect Box - 2012. All Blinds & Curtains Convey. Front Concrete Covered Porch is 18.75 x 4.67. Rear Covered Patio is 14.25 x 9.67. LEVEL Yard - Plenty of Room to Play OR- Add on to Home, Build Garage, Park Boats and RV's, & Etc. Hardwood under carpet in Living Room & BR #2. VERY CONVENIENT LOCATION as 2 Minutes & 1.3 Miles from I-81 PLUS close to shopping, schools & Restaurants. Great access for Radford, Blacksburg & Wytheville.

6. 2017-08-24
   listed $72,000

ⓘ 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: $423 · $35/mo
• Projected year-2 tax: $1,214 · $101/mo
• Expected delta: +$790/yr (+$66/mo · 186.7%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥95°F today · 20 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: $13,278
• − Mortgage interest: −$8,290
• − Property taxes: −$423
• − Insurance: −$740
• − Repairs & maintenance: −$1,062
• − Management: −$1,062
• − Depreciation: −$4,305
• Taxable loss: −$2,606
• Est. tax savings @ 24.0%: +$625
• After-tax cash flow: $638/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 — Dublin

• Score: 69/100
• State rank: #251
• US rank: #8475

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dublin, VA
• Population (ZIP): 10,860

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 (91%)
• Race & ethnicity: White 91% Black 5% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Italian 2% Iranian 1% Serbian 1%
• Foreign-born: 1%
• Languages at home: 99% 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: ▼ -89.37%
• Current HPI: 170.282
• 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

+105.6% since first listed

6 events — show timeline

• 2026-05-29 Pending — NRVMLS
• 2026-05-28 Listed $148,000 NRVMLS
• 2020-03-06 Sold (Public Records) $65,500 Public Records
• 2020-03-06 Sold (MLS) $65,500 NRVMLS
• 2020-01-17 Listed $69,950 NRVMLS
• 2017-08-24 Listed $72,000 NRVMLS

Property tax history

-1.2%/yr

Latest (2026): $423 · +0.0% YoY. Source: county tax records.