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6060 Daniel Boone Rd
B+ Composite 75.63
Why this score? — see what drove the B+ 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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +5.8/10.0
  • Appreciation +5.1/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Livability +2.2/5.0

$50,000

6060 Daniel Boone Rd · Clinchport, VA 24251
3 bd · 1.0 ba · 840 sqft · SingleFamily public records · 67 Days on market
Built 1978 2.95 ac lot $60/sqft · 58% below area

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Investment Opportunity! This property offers a 1978 singlewide Coleman trailer with 2 bedrooms, 1 bath, with kitchen, dining room and living room. There is a 28x30 detached garage with metal roof and an additional metal building placed on a concrete slab. All it needs is a new garage door and you have an additional garage space. Home sits on 2.95 acres on Daniel Boone Rd. , right off Hwy 23. Conveniently situated outside city limits, yet minutes to grocery, banking, and within a few miles to Natural Tunnel State Park, the Clinch River, and the TN State Line. Public water; however there is a well on the property. Seller was told well needs a pump. Private Septic. Home being sold ''as is''. Seller is motivated, so bring us an offer! * * * * CASH OR CONVENTIONAL LOANS ONLY * * * * Home will need repairs in the bathroom and on the outside of the property. Buyer to confirm all information. Information herein deemed reliable but not guaranteed.

Key facts

  • Metal roof
  • 2.95 acres
  • Concrete slab

Tags

DETACHED GARAGEMETAL ROOFADDITIONAL METAL BUILDINGCONCRETE SLAB2.95 ACRESPUBLIC WATER

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $50k.

Deal economics

  • At list price, monthly cash flow is $642 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $50k).
  • Recommended offer: $47k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 45/100 on livability (#566 in VA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A, schools B+; Watch: amenities F, commute F, employment F.
  • Scott County Public School District (rural): math 66% / reading 73% proficiency, ranked #33 of 131 in VA (top 25%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: 50 active listings in the ZIP; 22 units permitted in Scott County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $458 of equity ($346 loan paydown + $112 appreciation (0.2% local appreciation)).
  • Scott County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (0.2% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 67 days — a 6% lower offer ($47k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 6y ago; this cycle's ask has dropped $35k (41%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: flood insurance adds $56/mo.
  • Climate carrying-cost: severe flood risk; moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $47,000 (6.0% below list)

Questions for the listing agent

  1. It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. 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?
  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
2.52%
Cap rate
23.05%
Cash-on-cash
59.83%
DSCR
3.66
GRM
3.3

CMA / ARV

ARV (median comp)
$140,329
List price
$50,000
Delta
-64.37%
Verdict
UNDERPRICED
Comps
2 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5707 Daniel Boone Rd 0.35mi 3/1.0 960 (+14%) 7mo $134,900 $141 54

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

Projected returns pro-forma

0.22% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
57.0%
Equity multiple
3.86×
Total profit
$40,011
Equity at exit
$15,081
10-year hold
IRR
59.1%
Equity multiple
7.77×
Total profit
$94,795
Equity at exit
$18,584

Cash invested: $14,000 (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.

ZIP-level market 24251

Home prices YoY
0.1%
Active inventory
50
Price-to-rent
3.3×

Monthly cashflow live

Estimated rent
$1,262 medium interval (Pro) →
Mortgage (P&I)
$262
Tax from tax record
$16 /mo · $191/yr
Insurance
$21
Flood insurance flood zone
−$56 /mo · $666/yr
HOA
$0
Vacancy / Maint / Mgmt
$265
Net cashflow
$642

Break-even live

Break-even rent $449
Max offer price $50,000
Occupancy floor 44%

Sensitivity live

Price -10% $671 -5% $657 +0% $642 +5% $628 +10% $614
Rent -10% $543 -5% $593 +0% $642 +5% $692 +10% $742
Rate -1.0pp $668 -0.5pp $655 base $642 +0.5pp $630 +1.0pp $616

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
$12,500
Closing costs
$1,500
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 16 events

  1. 2026-06-03
    status $50,000 Pending 67 DOM
  2. 2026-06-02
    days on market $50,000 Active 67 DOM
  3. 2026-06-01
    days on market $50,000 Active 66 DOM
  4. 2026-05-31
    days on market $50,000 Active 65 DOM
  5. 2026-05-14
    price $60,000 968-char remark
    Show marketing remark (968 chars)

    Investment Opportunity! This property offers a 1978 singlewide Coleman trailer with 2 bedrooms, 1 bath, with kitchen, dining room and living room. There is a 28x30 detached garage with metal roof and an additional metal building placed on a concrete slab. All it needs is a new garage door and you have an additional garage space. Home sits on 2.95 acres on Daniel Boone Rd. , right off Hwy 23. Conveniently situated outside city limits, yet minutes to grocery, banking, and within a few miles to Natural Tunnel State Park, the Clinch River, and the TN State Line. Public water; however there is a well on the property. Seller was told well needs a pump. Private Septic. Home being sold ''as is''. Seller is motivated, so bring us an offer! * * * * CASH OR CONVENTIONAL LOANS ONLY * * * * Home will need repairs in the bathroom and on the outside of the property. Buyer to confirm all information. Information herein deemed reliable but not guaranteed.

  6. 2026-04-19
    price $75,000 968-char remark
    Show marketing remark (968 chars)

    Investment Opportunity! This property offers a 1978 singlewide Coleman trailer with 2 bedrooms, 1 bath, with kitchen, dining room and living room. There is a 28x30 detached garage with metal roof and an additional metal building placed on a concrete slab. All it needs is a new garage door and you have an additional garage space. Home sits on 2.95 acres on Daniel Boone Rd. , right off Hwy 23. Conveniently situated outside city limits, yet minutes to grocery, banking, and within a few miles to Natural Tunnel State Park, the Clinch River, and the TN State Line. Public water; however there is a well on the property. Seller was told well needs a pump. Private Septic. Home being sold ''as is''. Seller is motivated, so bring us an offer! * * * * CASH OR CONVENTIONAL LOANS ONLY * * * * Home will need repairs in the bathroom and on the outside of the property. Buyer to confirm all information. Information herein deemed reliable but not guaranteed.

  7. 2026-03-27
    listed $85,000 Active 968-char remark
    Show marketing remark (968 chars)

    Investment Opportunity! This property offers a 1978 singlewide Coleman trailer with 2 bedrooms, 1 bath, with kitchen, dining room and living room. There is a 28x30 detached garage with metal roof and an additional metal building placed on a concrete slab. All it needs is a new garage door and you have an additional garage space. Home sits on 2.95 acres on Daniel Boone Rd. , right off Hwy 23. Conveniently situated outside city limits, yet minutes to grocery, banking, and within a few miles to Natural Tunnel State Park, the Clinch River, and the TN State Line. Public water; however there is a well on the property. Seller was told well needs a pump. Private Septic. Home being sold ''as is''. Seller is motivated, so bring us an offer! * * * * CASH OR CONVENTIONAL LOANS ONLY * * * * Home will need repairs in the bathroom and on the outside of the property. Buyer to confirm all information. Information herein deemed reliable but not guaranteed.

  8. 2023-08-18
    soldstatus $70,000 Closed 917-char remark
    Show marketing remark (917 chars)

    CASH OR CONVENTIONAL LOANS ONLY * * * * Looking for your own place in the country with low county taxes? This could be the one. This property offers a singlewide trailer with 2 bedrooms, 1 bath, with kitchen, dining room and living room. Covered front and back porch area perfect for relaxing and watching the day go by. The back porch is rocking chair perfect! Detached 2 car garage awesome for working on your cars or yard equipment. Also has a storage shed and another metal detached 1 car garage. Plenty of storage space all sitting on 2.95 acres+-. * * * * SQ footage and other measurements provided as a courtesy and not guaranteed to be correct. Some information taken from court house system. Buyer to confirm all information that would be important to him or her. '' Information herein deemed reliable but not guaranteed '' * * * * Part of yard is in a flood zone but not house according to the map.

  9. 2023-08-18
    soldstatus $70,000
    Show marketing remark (917 chars)

    CASH OR CONVENTIONAL LOANS ONLY * * * * Looking for your own place in the country with low county taxes? This could be the one. This property offers a singlewide trailer with 2 bedrooms, 1 bath, with kitchen, dining room and living room. Covered front and back porch area perfect for relaxing and watching the day go by. The back porch is rocking chair perfect! Detached 2 car garage awesome for working on your cars or yard equipment. Also has a storage shed and another metal detached 1 car garage. Plenty of storage space all sitting on 2.95 acres+-. * * * * SQ footage and other measurements provided as a courtesy and not guaranteed to be correct. Some information taken from court house system. Buyer to confirm all information that would be important to him or her. '' Information herein deemed reliable but not guaranteed '' * * * * Part of yard is in a flood zone but not house according to the map.

  10. 2023-08-09
    historical 917-char remark
    Show marketing remark (917 chars)

    CASH OR CONVENTIONAL LOANS ONLY * * * * Looking for your own place in the country with low county taxes? This could be the one. This property offers a singlewide trailer with 2 bedrooms, 1 bath, with kitchen, dining room and living room. Covered front and back porch area perfect for relaxing and watching the day go by. The back porch is rocking chair perfect! Detached 2 car garage awesome for working on your cars or yard equipment. Also has a storage shed and another metal detached 1 car garage. Plenty of storage space all sitting on 2.95 acres+-. * * * * SQ footage and other measurements provided as a courtesy and not guaranteed to be correct. Some information taken from court house system. Buyer to confirm all information that would be important to him or her. '' Information herein deemed reliable but not guaranteed '' * * * * Part of yard is in a flood zone but not house according to the map.

  11. 2023-07-10
    historical Active Under Contract 917-char remark
    Show marketing remark (917 chars)

    CASH OR CONVENTIONAL LOANS ONLY * * * * Looking for your own place in the country with low county taxes? This could be the one. This property offers a singlewide trailer with 2 bedrooms, 1 bath, with kitchen, dining room and living room. Covered front and back porch area perfect for relaxing and watching the day go by. The back porch is rocking chair perfect! Detached 2 car garage awesome for working on your cars or yard equipment. Also has a storage shed and another metal detached 1 car garage. Plenty of storage space all sitting on 2.95 acres+-. * * * * SQ footage and other measurements provided as a courtesy and not guaranteed to be correct. Some information taken from court house system. Buyer to confirm all information that would be important to him or her. '' Information herein deemed reliable but not guaranteed '' * * * * Part of yard is in a flood zone but not house according to the map.

  12. 2023-04-14
    listed $79,900 Active 917-char remark
    Show marketing remark (917 chars)

    CASH OR CONVENTIONAL LOANS ONLY * * * * Looking for your own place in the country with low county taxes? This could be the one. This property offers a singlewide trailer with 2 bedrooms, 1 bath, with kitchen, dining room and living room. Covered front and back porch area perfect for relaxing and watching the day go by. The back porch is rocking chair perfect! Detached 2 car garage awesome for working on your cars or yard equipment. Also has a storage shed and another metal detached 1 car garage. Plenty of storage space all sitting on 2.95 acres+-. * * * * SQ footage and other measurements provided as a courtesy and not guaranteed to be correct. Some information taken from court house system. Buyer to confirm all information that would be important to him or her. '' Information herein deemed reliable but not guaranteed '' * * * * Part of yard is in a flood zone but not house according to the map.

  13. 2022-02-25
    soldstatus $70,000
  14. 2022-02-25
    soldstatus $70,000
  15. 2020-10-02
    listed $74,900
  16. 1992-12-01
    soldstatus $15,000

ⓘ 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
$191 · $16/mo
Projected year-2 tax
$410 · $34/mo
Expected delta
+$219/yr (+$18/mo · 114.7%)

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

Climate risk First Street

  • 🌊 Flood 10/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥99°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$15,144
− Mortgage interest
−$2,801
− Property taxes
−$191
− Insurance
−$916
− Repairs & maintenance
−$1,212
− Management
−$1,212
− Depreciation
−$1,455
Taxable income
$7,358
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,766
After-tax cash flow
$5,944/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
Scott County Public School District
NCES district ID
5103480
Math proficiency
66% ▼ -26.00%
Reading proficiency
73% ▼ -12.00%
Median HH income
$36,567
Composite
57.65/100
National rank
#1061
State rank
#33 of 131 in VA

Livability — Clinchport

Score
45/100
State rank
#566
US rank
#26657

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
7,976

Population outlook (Scott County) Hauer SSP2

Today (2025)
20,405 people
By 2030
19,379 · -5.0%
By 2040
17,325 · -15.1%
By 2050
15,464 · -24.2%
By 2075
11,845 · -42.0%
By 2100
8,516 · -58.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (94%)
Race & ethnicity
White 94% Two or more races 3% Hispanic / Latino 3% Black 2%
Common ancestry
Serbian 4% Slovak 2% Italian 2%
Foreign-born
1%

Political lean MEDSL · Scott

2024 margin
Solid R (+70.4) · D 14.5% · R 84.9%
2008→2024 swing
-27.3pp toward R · 2008: -43.1pp · 2024: -70.4pp
All cycles
2024: R+70.4 2020: R+67.8 2016: R+66.3 2012: R+50.6 2008: R+43.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 0.22%
Current HPI
211.6519
Rent YoY
Metro
State GDP YoY
▲ 2.40%
F500 in state
50

Industry mix (Fortune 500 HQ in VA)

Industry F500 HQs Revenue

Price history

+300.0% since first listed
12 events — show timeline
  • 2026-05-14 Price Changed $60,000 TVRMLS
  • 2026-04-19 Price Changed $75,000 TVRMLS
  • 2026-03-27 Listed $85,000 TVRMLS
  • 2023-08-18 Sold (Public Records) $70,000 Public Records
  • 2023-08-18 Sold (MLS) $70,000 TVRMLS
  • 2023-08-09 Delisted TVRMLS
  • 2023-07-10 Contingent TVRMLS
  • 2023-04-14 Listed $79,900 TVRMLS
  • 2022-02-25 Sold (Public Records) $70,000 Public Records
  • 2022-02-25 Sold (MLS) $70,000 TVRMLS
  • 2020-10-02 Listed $74,900 TVRMLS
  • 1992-12-01 Sold (Public Records) $15,000 Public Records

Property tax history

-0.8%/yr

Latest (2025): $191 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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