175 Lahue Dr · Wytheville, VA 24382

$149,900

2 bd · 1.0 ba · 884 sqft · SingleFamily public records · 76 Days on market

Built 1950 8,451 sqft lot Est $173k · 13% under

---

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 +13.6/15.0
• Cash flow +13.4/30.0
• Schools +6.0/10.0
• DSCR +4.0/10.0
• Livability +3.8/5.0
• 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

Tucked into a quiet setting in Wytheville, this charming 2-bedroom, 1-bath home offers comfortable living in a manageable footprint. With 884 square feet, the layout is efficient and easy to maintain, making it a great fit for a variety of lifestyles. A welcoming front porch sets the tone, offering a cozy spot to unwind, while the back deck extends your living space outdoors and is ideal for relaxing or gathering with friends and family. The backyard features a firepit for enjoying cooler evenings and an additional storage shed for added convenience. Conveniently located with close proximity to shopping, dining, and everyday essentials, this home blends accessibility with a more relaxed setting. Whether you're looking for a place to simplify or settle into something with character and outdoor appeal, this home offers a thoughtful balance of comfort and functionality that is ready for your personal touch!

Key facts

• Firepit
• Front porch
• Storage shed

Tags

• FRONT PORCH
• BACK DECK
• FIREPIT
• STORAGE SHED
• CLOSE PROXIMITY TO SHOPPING
• CLOSE PROXIMITY TO DINING

Property features AI

Finance

• Other:
• Financial info:
• HOA & community:

Exterior

• Parking:
• Security:
• Utilities: Public water; Public sewer
• Home design: Single-family detached home; One level / single-story
• Construction: Vinyl siding
• Exterior features: Deck; Porch; Fenced yard; Shingle roof

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator
• Bedrooms: Total of 5 rooms (bedrooms included)
• Flooring: Carpet; Hardwood; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Floor furnace (oil); Window unit(s); Ceiling fan(s)
• Interior features: Dishwasher; Electric range; Refrigerator; Electric water heater; Crawl space/partial basement; Window unit(s); Ceiling fan(s)
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $3 ($34/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 $112k (25.3% below list).
• Recommended offer: $112k (25.3% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 4.3% in Wytheville — 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 76/100 on livability (#116 in VA, #3,571 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime B+; Watch: employment D, amenities F, commute F.
• Wythe County Public School District (rural): math 67% / reading 77% proficiency, ranked #20 of 131 in VA (top 15%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Zoned schools: Spiller Elementary (math 62% / reading 73%, grade B+, #372 of 1,108 statewide, top 34%, 624 students, 73% FRL); Scott Memorial Middle (math 73% / reading 79%, grade A, #42 of 342 statewide, top 13%, 318 students, 73% FRL); George Wythe High (math 72% / reading 82%, grade A-, #90 of 319 statewide, top 30%, 462 students, 73% FRL) — zoned schools average 73% FRL vs 41% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 156 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 63 units permitted in Wythe County in 2024 (12 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.
• Wythe County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 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.

Risks & watch-outs

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

Recommended offer $112,024 (25.3% below list)

Questions for the listing agent

1. It's been on market 76 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 6.32%
• Cash-on-cash: 0.08%
• DSCR: 1.00
• GRM: 11.2

CMA / ARV

• ARV (on-the-fly): $173,264
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
390 S 11th St	0.27mi	2/1.0	904 (+2%)	7mo	$187,500	$207	77
125 Railroad Ave E	0.61mi	3/1.0 (+1)	864 (-2%)	4mo	$190,000	$220	60
445 E Lexington St	0.31mi	2/1.0	816 (-8%)	22mo	$134,500	$165	55
495 E Jefferson St	0.27mi	2/1.5	996 (+13%)	13mo	$209,000	$210	53
135 Faye St	0.25mi	2/1.0	768 (-13%)	20mo	$152,000	$198	50
605 E Spring St	0.42mi	3/2.0 (+1)	1,000 (+13%)	17mo	$179,000	$179	35
605 E Spring St	0.42mi	3/2.0 (+1)	1,000 (+13%)	17mo	$179,000	$179	35
580 E Spring St	0.46mi	3/2.0 (+1)	780 (-12%)	21mo	$153,000	$196	32
580 E Spring St	0.46mi	3/2.0 (+1)	780 (-12%)	21mo	$153,000	$196	32

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: -16.2%
• Equity multiple: 0.42×
• Total profit: $-24,188
• Equity at exit: $22,351

10-year hold

• IRR: -8.0%
• Equity multiple: 0.50×
• Total profit: $-21,146
• Equity at exit: $12,961

Cash invested: $41,972 (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 24382

• Home prices YoY: -25.7%
• Active inventory: 156
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $1,120 medium
• Mortgage (P&I): −$786
• Tax from tax record: −$34 /mo · $403/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$235
• Net cashflow: $3

Break-even live

Break-even rent $1,117

Max offer price $149,900

Occupancy floor 95%

Sensitivity live

Price	-10% $88	-5% $45	+0% $3	+5% $-40	+10% $-82
Rent	-10% $-86	-5% $-41	+0% $3	+5% $47	+10% $91
Rate	-1.0pp $78	-0.5pp $41	base $3	+0.5pp $-36	+1.0pp $-76

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
150 Birch Dr Wytheville, VA	1.0–2.0	1.0–2.0	825	$950	$1.15	45d	1	0.36mi
210 E Withers Rd #206 Wytheville, VA	1.0	1.0	600	$1,100	$1.83	45d	1	0.44mi
860 Church St Wytheville, VA	2.0	1.0	600	$1,300	$2.17	45d	1	0.51mi
120 W Marshall St Unit 2 Wytheville, VA	2.0	1.0	900	$1,250	$1.39	45d	1	0.54mi

Listing history 18 events

1. 2026-06-21
   days on market $149,900 Active 76 DOM
2. 2026-06-21
   days on market $149,900 Active 75 DOM
3. 2026-06-18
   days on market $149,900 Active 73 DOM
4. 2026-06-17
   days on market $149,900 Active 72 DOM
5. 2026-06-16
   days on market $149,900 Active 71 DOM
6. 2026-06-15
   days on market $149,900 Active 70 DOM
7. 2026-06-15
   days on market $149,900 Active 69 DOM
8. 2026-06-13
   days on market $149,900 Active 68 DOM
9. 2026-06-12
   days on market $149,900 Active 67 DOM
10. 2026-06-09
    days on market $149,900 Active 64 DOM
11. 2026-06-08
    days on market $149,900 Active 63 DOM
12. 2026-06-08
    days on market $149,900 Active 62 DOM
13. 2026-06-07
    days on market $149,900 Active 61 DOM
14. 2026-06-04
    status $149,900 Active 58 DOM
15. 2026-05-01
    status Pending

    Show marketing remark (917 chars)

    Tucked into a quiet setting in Wytheville, this charming 2-bedroom, 1-bath home offers comfortable living in a manageable footprint. With 884 square feet, the layout is efficient and easy to maintain, making it a great fit for a variety of lifestyles. A welcoming front porch sets the tone, offering a cozy spot to unwind, while the back deck extends your living space outdoors and is ideal for relaxing or gathering with friends and family. The backyard features a firepit for enjoying cooler evenings and an additional storage shed for added convenience. Conveniently located with close proximity to shopping, dining, and everyday essentials, this home blends accessibility with a more relaxed setting. Whether you're looking for a place to simplify or settle into something with character and outdoor appeal, this home offers a thoughtful balance of comfort and functionality that is ready for your personal touch!

16. 2026-05-01
    status Pending 917-char remark

    Show marketing remark (917 chars)

    Tucked into a quiet setting in Wytheville, this charming 2-bedroom, 1-bath home offers comfortable living in a manageable footprint. With 884 square feet, the layout is efficient and easy to maintain, making it a great fit for a variety of lifestyles. A welcoming front porch sets the tone, offering a cozy spot to unwind, while the back deck extends your living space outdoors and is ideal for relaxing or gathering with friends and family. The backyard features a firepit for enjoying cooler evenings and an additional storage shed for added convenience. Conveniently located with close proximity to shopping, dining, and everyday essentials, this home blends accessibility with a more relaxed setting. Whether you're looking for a place to simplify or settle into something with character and outdoor appeal, this home offers a thoughtful balance of comfort and functionality that is ready for your personal touch!

17. 2026-03-04
    listed $149,900 Active

    Show marketing remark (917 chars)

    Tucked into a quiet setting in Wytheville, this charming 2-bedroom, 1-bath home offers comfortable living in a manageable footprint. With 884 square feet, the layout is efficient and easy to maintain, making it a great fit for a variety of lifestyles. A welcoming front porch sets the tone, offering a cozy spot to unwind, while the back deck extends your living space outdoors and is ideal for relaxing or gathering with friends and family. The backyard features a firepit for enjoying cooler evenings and an additional storage shed for added convenience. Conveniently located with close proximity to shopping, dining, and everyday essentials, this home blends accessibility with a more relaxed setting. Whether you're looking for a place to simplify or settle into something with character and outdoor appeal, this home offers a thoughtful balance of comfort and functionality that is ready for your personal touch!

18. 2026-03-04
    listed $149,900 Active 917-char remark

    Show marketing remark (917 chars)

    Tucked into a quiet setting in Wytheville, this charming 2-bedroom, 1-bath home offers comfortable living in a manageable footprint. With 884 square feet, the layout is efficient and easy to maintain, making it a great fit for a variety of lifestyles. A welcoming front porch sets the tone, offering a cozy spot to unwind, while the back deck extends your living space outdoors and is ideal for relaxing or gathering with friends and family. The backyard features a firepit for enjoying cooler evenings and an additional storage shed for added convenience. Conveniently located with close proximity to shopping, dining, and everyday essentials, this home blends accessibility with a more relaxed setting. Whether you're looking for a place to simplify or settle into something with character and outdoor appeal, this home offers a thoughtful balance of comfort and functionality that is ready for your personal touch!

ⓘ 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: $403 · $34/mo
• Projected year-2 tax: $1,229 · $102/mo
• Expected delta: +$826/yr (+$69/mo · 204.7%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥94°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,443
• − Mortgage interest: −$8,397
• − Property taxes: −$403
• − Insurance: −$750
• − Repairs & maintenance: −$1,075
• − Management: −$1,075
• − Depreciation: −$4,361
• Taxable loss: −$2,618
• Est. tax savings @ 24.0%: +$628
• After-tax cash flow: $662/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: Wythe County Public School District
• NCES district ID: 5104110
• Math proficiency: 67% ▼ -23.00%
• Reading proficiency: 77% ▼ -9.00%
• Median HH income: $41,665
• Composite: 60.19/100
• National rank: #863
• State rank: #20 of 131 in VA

Livability — Wytheville

• Score: 76/100
• State rank: #116
• US rank: #3571

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wytheville, VA
• City population: 14,751
• Population (ZIP): 14,751

Population outlook (Wythe County) Hauer SSP2

• Today (2025): 29,176 people
• By 2030: 28,993 · -0.6%
• By 2040: 28,273 · -3.1%
• By 2050: 27,055 · -7.3%
• By 2075: 23,668 · -18.9%
• By 2100: 18,904 · -35.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Black 4% Two or more races 2% Hispanic / Latino 2% Asian 1%
• Common ancestry: Serbian 2% Slovak 1% Italian 1%
• Foreign-born: 2%
• Languages at home: 98% English-only · Spanish 1% Other Indo-European 1%

Political lean MEDSL · Wythe

• 2024 margin: Solid R (+59.5) · D 19.9% · R 79.5%
• 2008→2024 swing: -26.7pp toward R · 2008: -32.8pp · 2024: -59.5pp
• All cycles: 2024: R+59.5 2020: R+57.0 2016: R+54.9 2012: R+36.8 2008: R+32.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -66.18%
• Current HPI: 191.6387
• 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

+0.0% since first listed

4 events — show timeline

• 2026-05-01 Pending — NRVMLS
• 2026-05-01 Pending — SWVAR
• 2026-03-04 Listed $149,900 SWVAR
• 2026-03-04 Listed $149,900 NRVMLS

Property tax history

+5.5%/yr

Latest (2025): $403 · +0.0% YoY. Source: county tax records.