627 Ditchley Rd · Kilmarnock, VA 22482

$250,000

3 bd · 2.0 ba · 1,216 sqft · SingleFamily · 171 Days on market

Built 2013 3.05 ac lot Est $230k · 9% over

---

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 +14.8/30.0
• Appreciation +6.7/10.0
• Schools +4.8/10.0
• DSCR +4.5/10.0
• ARV discount +3.5/15.0
• Livability +3.1/5.0
• 1% rule +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

Key facts

• Waterfront views
• Wooded lot
• Look out deck

Tags

• WOODED LOT
• DOCK WITH NEW PILINGS
• LOOK OUT DECK
• WATERFRONT VIEWS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $-357 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $187k (25.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $200k (19.9% below list).
• Recommended offer: $187k (25.2% below list) — sets the bar for cash-flow.
• Cap rate 6.6% vs local median 2.9% in Kilmarnock — 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 62/100 on livability (#407 in VA) — a middle-class / working-renter tenant base. Strengths: cost of living A+; Watch: crime D+, employment D, amenities F.
• Northumberland County Public School District (rural): math 47% / reading 65% proficiency, ranked #75 of 131 in VA (top 57%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 94 active listings in the ZIP; 60 units permitted in Northumberland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $10k of equity ($2k loan paydown + $8k appreciation (3.3% local appreciation)).
• Northumberland County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 4, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 171 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 4y 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 $190k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $186,934 (25.2% 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. It's been on market 171 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is D 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.80% ✗
• Cap rate: 6.63%
• Cash-on-cash: 1.19%
• DSCR: 1.05
• GRM: 10.4

CMA / ARV

• ARV (on-the-fly): $229,824
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
627 Ditchley Rd	0.00mi	3/2.0	1,216 (0%)	4mo	$230,000	$189	96

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.34% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 2.9%
• Equity multiple: 1.17×
• Total profit: $12,081
• Equity at exit: $117,243

10-year hold

• IRR: 6.3%
• Equity multiple: 1.99×
• Total profit: $69,580
• Equity at exit: $184,536

Cash invested: $70,000 (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 22482

• Home prices YoY: 1.5%
• Active inventory: 94
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,002 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$97 /mo · $1,163/yr
• Insurance: −$104
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $-357

Break-even live

Break-even rent $2,454

Max offer price $186,934

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Listing history 38 events

1. 2026-01-19
   status Pending
2. 2025-12-21
   historical Active Under Contract
3. 2025-10-10
   status Active
4. 2025-09-17
   historical Active Under Contract
5. 2025-08-01
   listed $250,000 Active
6. 2023-05-31
   soldstatus $190,000
7. 2023-05-30
   soldstatus $190,000 Closed 681-char remark

   Show marketing remark (681 chars)

   Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

8. 2023-05-30
   soldstatus $190,000 Closed

   Show marketing remark (681 chars)

   Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

9. 2023-05-30
   soldstatus $190,000 Closed

   Show marketing remark (681 chars)

   Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

10. 2023-03-30
    status Under Contract

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

11. 2023-03-30
    status Pending

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

12. 2023-03-30
    status Pending

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

13. 2023-03-30
    status Pending 681-char remark

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

14. 2023-03-21
    price $175,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

15. 2023-03-21
    price $175,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

16. 2023-03-21
    price $175,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

17. 2023-03-21
    price $175,000 681-char remark

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

18. 2023-03-01
    price $190,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

19. 2023-03-01
    price $190,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

20. 2023-03-01
    price $190,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

21. 2023-03-01
    price $190,000 681-char remark

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

22. 2023-01-31
    status Active 681-char remark

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

23. 2023-01-31
    status Active

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

24. 2023-01-31
    status Active

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

25. 2023-01-13
    historical
26. 2022-12-23
    price $205,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

27. 2022-12-23
    price $205,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

28. 2022-12-23
    price $205,000 681-char remark

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

29. 2022-11-23
    price $215,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

30. 2022-11-23
    price $215,000 681-char remark

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

31. 2022-11-23
    price $215,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

32. 2022-10-24
    price $230,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

33. 2022-10-24
    price $230,000 681-char remark

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

34. 2022-10-24
    price $230,000

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

35. 2022-09-21
    listed $245,000 Active 681-char remark

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

36. 2022-09-21
    listed $245,000 Active

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

37. 2022-09-21
    listed $245,000 Active

    Show marketing remark (681 chars)

    Spectacular waterfront lot features 3 bedroom 2 bath home located down long private drive offers peaceful seclusion as well as spectacular water views in an idyllic setting perfect for relaxing. Seller financing may be available. Vendee loan program is for Veterans, non-Veterans, owner-occupants, and investors • Financing with little to no money down • Origination and funding fees may be rolled into the loan for qualified borrowers • 15 or 30-year loan term options • Competitive interest rate • Seller may contribute toward closing costs • No appraisal requirement • No pre-payment penalties • No mortgage insurance requirements

38. 2022-09-20
    listed $205,000 Active

ⓘ 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: $1,163 · $97/mo
• Projected year-2 tax: $2,050 · $171/mo
• Expected delta: +$887/yr (+$74/mo · 76.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $24,025
• − Mortgage interest: −$14,004
• − Property taxes: −$1,163
• − Insurance: −$6,368
• − Repairs & maintenance: −$1,922
• − Management: −$1,922
• − Depreciation: −$7,273
• Taxable loss: −$8,627
• Est. tax savings @ 24.0%: +$2,070
• After-tax cash flow: $-2,214/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: Northumberland County Public School District
• NCES district ID: 5102730
• Math proficiency: 47% ▼ -39.00%
• Reading proficiency: 65% ▼ -12.00%
• Median HH income: $52,524
• Composite: 47.93/100
• National rank: #2209
• State rank: #75 of 131 in VA

Livability — Kilmarnock

• Score: 62/100
• State rank: #407
• US rank: #17011

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,171

Population outlook (Northumberland County) Hauer SSP2

• Today (2025): 11,873 people
• By 2030: 11,609 · -2.2%
• By 2040: 10,938 · -7.9%
• By 2050: 10,235 · -13.8%
• By 2075: 8,922 · -24.9%
• By 2100: 7,288 · -38.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 21% Two or more races 3%
• Common ancestry: Italian 4% Serbian 4% Slovak 2%
• Foreign-born: 2% · South Korea
• Languages at home: 96% English-only · French/Haitian/Cajun 2% Spanish 1% Other Indo-European 1%

Political lean MEDSL · Northumberland

• 2024 margin: Strong R (+21.2) · D 39.0% · R 60.2%
• 2008→2024 swing: -11.3pp toward R · 2008: -9.8pp · 2024: -21.2pp
• All cycles: 2024: R+21.2 2020: R+15.8 2016: R+27.6 2012: R+14.9 2008: R+9.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.34%
• Current HPI: 232.4115
• 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

+22.0% since first listed

38 events — show timeline

• 2026-01-19 Pending — NNAR
• 2025-12-21 Contingent — NNAR
• 2025-10-10 Relisted — NNAR
• 2025-09-17 Contingent — NNAR
• 2025-08-01 Listed $250,000 NNAR
• 2023-05-31 Sold (Public Records) $190,000 Public Records
• 2023-05-30 Sold (MLS) $190,000 NNAR
• 2023-05-30 Sold (MLS) $190,000 WMLS
• 2023-05-30 Sold (MLS) $190,000 CVRMLS
• 2023-03-30 Pending — REINMLS
• 2023-03-30 Pending — NNAR
• 2023-03-30 Pending — WMLS
• 2023-03-30 Pending — CVRMLS
• 2023-03-21 Price Changed $175,000 REINMLS
• 2023-03-21 Price Changed $175,000 NNAR
• 2023-03-21 Price Changed $175,000 WMLS
• 2023-03-21 Price Changed $175,000 CVRMLS
• 2023-03-01 Price Changed $190,000 REINMLS
• 2023-03-01 Price Changed $190,000 NNAR
• 2023-03-01 Price Changed $190,000 WMLS
• 2023-03-01 Price Changed $190,000 CVRMLS
• 2023-01-31 Relisted — CVRMLS
• 2023-01-31 Relisted — REINMLS
• 2023-01-31 Relisted — WMLS
• 2023-01-13 Listing Removed — REINMLS
• 2022-12-23 Price Changed $205,000 REINMLS
• 2022-12-23 Price Changed $205,000 WMLS
• 2022-12-23 Price Changed $205,000 CVRMLS
• 2022-11-23 Price Changed $215,000 REINMLS
• 2022-11-23 Price Changed $215,000 CVRMLS
• 2022-11-23 Price Changed $215,000 WMLS
• 2022-10-24 Price Changed $230,000 REINMLS
• 2022-10-24 Price Changed $230,000 CVRMLS
• 2022-10-24 Price Changed $230,000 WMLS
• 2022-09-21 Listed $245,000 WMLS
• 2022-09-21 Listed $245,000 REINMLS
• 2022-09-21 Listed $245,000 CVRMLS
• 2022-09-20 Listed $205,000 NNAR

Property tax history

+7.7%/yr

Latest (2025): $1,163 · +12.1% YoY. Source: county tax records.