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318 E Pinner St
B+ Composite 77.28
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 +29.7/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +7.6/10.0
  • Schools +4.9/10.0
  • Rent growth +4.0/5.0
  • Livability +3.9/5.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$129,500

318 E Pinner St · Suffolk, VA 23434
2 bd · 1.0 ba · 1,102 sqft · SingleFamily public records · 96 Days on market
Built 1930 Fair condition 7,405 sqft lot $118/sqft · 47% below area Est $244k · 47% under

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

Listing remarks

INVESTOR SPECIAL! Two-story rental property located in the heart of Suffolk with a long-term tenant in place. The main level includes a living room and kitchen. The second floor offers two bedrooms and a full bath. Exterior features include a classic front porch and an easy-to-maintain layout. The current tenant has been in place for years, with a lease running through December 2026, and would like to remain. This property offers a turnkey investment opportunity with stable rental income in a desirable Suffolk location.

Key facts

  • Classic front porch
  • 7,405 sq ft lot
  • Parking

Tags

TWO STORY RENTAL PROPERTYCOMFORTABLE LIVING ROOMCLASSIC FRONT PORCHEASY TO MAINTAIN LAYOUTDESIRABLE SUFFOLK LOCATION

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $130k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $473 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $130k).
  • Recommended offer: $118k (9.0% below list) — sets the bar for market timing.
  • Cap rate 10.7% vs local median 3.6% in Suffolk — 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 77/100 on livability (#88 in VA, #2,896 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, employment A-; Watch: crime C-, commute F.
  • Suffolk City Public School District (suburban): math 41% / reading 69% proficiency, ranked #72 of 131 in VA (top 55%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Mack Benn Jr. Elementary (math 27% / reading 50%, grade F, #924 of 1,108 statewide, top 84%, 684 students, 66% FRL); King'S Fork Middle (math 33% / reading 61%, grade D+, #257 of 342 statewide, top 77%, 1,031 students, 63% FRL); King'S Fork High (math 44% / reading 77%, grade C+, #244 of 319 statewide, top 77%, 1,697 students, 63% FRL) — zoned schools average 64% FRL vs 39% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+5.8%/yr); 710 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals lingering (median 42d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 76% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 680 units permitted in Suffolk city in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $895 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Suffolk County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 5.8% rent growth), your $36k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 96 days — a 9% lower offer ($118k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $117,845 (9.0% below list)

Questions for the listing agent

  1. It's been on market 96 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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 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?
  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
1.26%
Cap rate
10.68%
Cash-on-cash
15.66%
DSCR
1.70
GRM
6.6

CMA / ARV

ARV (median comp)
$243,951
List price
$129,500
Delta
-46.92%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
407 Henry St 0.25mi 3/1.0 (+1) 1,147 (+4%) 3mo $209,000 $182 74
341 N 5th St 0.39mi 3/1.0 (+1) 1,100 (-0%) 3mo $220,000 $200 74
210 Katherine St 0.17mi 3/1.0 (+1) 1,027 (-7%) 3mo $249,000 $242 73
421 Highland Ave 0.14mi 3/2.5 (+1) 1,200 (+9%) 2mo $285,000 $238 66
301 Goodman St 0.57mi 3/1.0 (+1) 1,053 (-4%) 3mo $125,000 $119 58
215 N Capital St 0.60mi 3/1.0 (+1) 1,140 (+3%) 3mo $90,000 $79 58
345 N 5th St 0.38mi 3/2.5 (+1) 1,200 (+9%) 1mo $288,700 $241 56
222 Division St N 0.59mi 3/2.0 (+1) 1,148 (+4%) 1mo $248,000 $216 55
2208 Georgia Ave 0.75mi 3/2.0 (+1) 1,117 (+1%) 2mo $210,000 $188 53
406 Fuller St 0.68mi 2/2.0 1,000 (-9%) 1mo $202,000 $202 48
2103 Vermont Ave 0.72mi 3/2.0 (+1) 1,159 (+5%) 1mo $260,000 $224 48
108 N 6th St 0.73mi 3/2.0 (+1) 1,224 (+11%) 2mo $246,200 $201 36

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 · 5.84% rent growth · sell at horizon

5-year hold
IRR
9.5%
Equity multiple
1.38×
Total profit
$13,922
Equity at exit
$19,309
10-year hold
IRR
20.7%
Equity multiple
2.98×
Total profit
$71,703
Equity at exit
$11,197

Cash invested: $36,260 (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.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
14 active · 14 under contract
Months of supply
3.1 mo (32%/mo absorbed)
Median asking
$244,500 ($217/sqft)
Median days on market
47 d
This list price
14% of active listings are priced below it
ARV vs active asking
+2.2% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 23434

Rents YoY
5.8%
Active inventory
710
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$1,633 high interval (Pro) →
Mortgage (P&I)
$679
Tax from tax record
$84 /mo · $1,010/yr
Insurance
$54
HOA
$0
Vacancy / Maint / Mgmt
$343
Net cashflow
$473

Break-even live

Break-even rent $1,034
Max offer price $129,500
Occupancy floor 66%

Sensitivity live

Price -10% $546 -5% $510 +0% $473 +5% $436 +10% $400
Rent -10% $344 -5% $409 +0% $473 +5% $538 +10% $602
Rate -1.0pp $538 -0.5pp $506 base $473 +0.5pp $440 +1.0pp $405

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
$32,375
Closing costs
$3,885
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 25 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
307 Central Ave Suffolk, VA 3.0 1.0 840 $1,700 $2.02 17d 1 0.38mi
307 Central Ave Suffolk, VA 3.0 1.0 840 $1,700 $2.02 93d 1 0.38mi
318 N Main St Unit K Suffolk, VA 2.0 1.0 850 $1,200 $1.41 36d 1 0.50mi
301 Bank St Suffolk, VA 2.0 1.0 800 $1,200 $1.50 39d 1 0.62mi
223 N 7th St Suffolk, VA 3.0 2.5 1495 $2,300 $1.54 93d 1 0.65mi
116 Franklin St Suffolk, VA 3.0 1.0 1335 $1,750 $1.31 72d 1 0.67mi
116 Franklin St Unit 3 Suffolk, VA 3.0 1.0 1335 $1,750 $1.31 93d 1 0.67mi
326 E Washington St Suffolk, VA 2.0 1.0 763 $1,509 $1.98 11d 1 0.68mi
214 N 7th St Unit NA Suffolk, VA 2.0 1.0 760 $1,500 $1.97 72d 1 0.69mi
181 N Main St Suffolk, VA 2.0 1.0–2.0 804 $1,975 $2.45 15d 16 0.70mi
120 S 10th St Suffolk, VA 2.0 1.0 736 $1,250 $1.70 93d 1 0.88mi
1025 White Marsh Rd Suffolk, VA 3.0 2.5 1397 $2,295 $1.64 35d 1 0.98mi
558 1st Ave Suffolk, VA 2.0 1.5 1000 $1,250 $1.25 93d 1 1.13mi
564 1st Ave Suffolk, VA 2.0 1.0 1000 $1,100 $1.10 93d 1 1.14mi
410 Wellons St Unit 204 Suffolk, VA 2.0 1.0 1024 $1,595 $1.56 20d 1 1.18mi
408 Wellons St Suffolk, VA 1.0 1.0 750 $1,486 $1.98 15d 3 1.20mi
206 Reid's Place Dr Suffolk, VA 3.0 2.5 1280 $2,200 $1.72 53d 1 1.24mi
202 Reid's Place Dr Suffolk, VA 3.0 2.5 1280 $2,280 $1.78 22d 1 1.25mi
308 Saint James Ave Unit B Suffolk, VA 2.0 1.0 936 $1,295 $1.38 72d 1 1.25mi
206 Reid's Place Dr Unit 206 Suffolk, VA 3.0 2.5 1280 $2,300 $1.80 66d 1 1.27mi
806 W Washington St Unit 112 Suffolk, VA 2.0 2.0 900 $1,325 $1.47 66d 1 1.35mi
503 Kissimmee Ave Suffolk, VA 3.0 2.0 1080 $700 $0.65 33d 1 1.44mi
406 Bosley Ave Apt D Suffolk, VA 2.0 1.0 850 $1,095 $1.29 41d 1 1.46mi
406 Bosley Ave Apt D Suffolk, VA 2.0 1.0 850 $1,095 $1.29 39d 1 1.46mi
410 Bosley Ave Unit B Suffolk, VA 2.0 1.0 850 $1,000 $1.18 41d 1 1.46mi

Property features AI

Exterior

Parking
Driveway parkingOff-street parking (unpaved)
Utilities
Public waterPublic sewerElectric service
Home design
2-story frame home with vinyl sidingShingle roofAbove grade finished area approximately 1,102Built (actual year not specified)
Construction
Frame construction with vinyl sidingShingle roof
Exterior features
Front porchUnpaved driveway

Interior

Bedrooms
Total of 5 rooms (includes bedrooms and living spaces)Half bath located on the first levelFull bath located on the first level
Flooring
LinoleumPartially carpeted
Bathrooms
One full bathroom with tub and showerOne half bathroom on the first level
Heating & cooling
Heat pump heating (electric)Central air conditioning
Interior features
Partially carpeted and linoleum flooringTub and shower in full bathroomResale condition
Laundry & utility
Electric water heater

Listing history 50 events

  1. 2026-08-08
    days on market $129,500 Active 96 DOM
  2. 2026-08-07
    days on market $129,500 Active 95 DOM
  3. 2026-08-06
    days on market $129,500 Active 94 DOM
  4. 2026-08-05
    days on market $129,500 Active 93 DOM
  5. 2026-08-04
    days on market $129,500 Active 92 DOM
  6. 2026-08-03
    days on market $129,500 Active 91 DOM
  7. 2026-07-31
    days on market $129,500 Active 88 DOM
  8. 2026-07-30
    days on market $129,500 Active 86 DOM
  9. 2026-07-28
    days on market $129,500 Active 85 DOM
  10. 2026-07-26
    days on market $129,500 Active 83 DOM
  11. 2026-07-24
    days on market $129,500 Active 81 DOM
  12. 2026-07-23
    days on market $129,500 Active 80 DOM
  13. 2026-07-22
    days on market $129,500 Active 79 DOM
  14. 2026-07-21
    days on market $129,500 Active 78 DOM
  15. 2026-07-20
    days on market $129,500 Active 77 DOM
  16. 2026-07-18
    days on market $129,500 Active 75 DOM
  17. 2026-07-18
    days on market $129,500 Active 74 DOM
  18. 2026-07-16
    days on market $129,500 Active 73 DOM
  19. 2026-07-15
    days on market $129,500 Active 72 DOM
  20. 2026-07-14
    days on market $129,500 Active 71 DOM
  21. 2026-07-13
    days on market $129,500 Active 70 DOM
  22. 2026-07-13
    days on market $129,500 Active 69 DOM
  23. 2026-07-11
    days on market $129,500 Active 68 DOM
  24. 2026-07-10
    days on market $129,500 Active 67 DOM
  25. 2026-07-09
    days on market $129,500 Active 66 DOM
  26. 2026-07-07
    days on market $129,500 Active 64 DOM
  27. 2026-07-06
    days on market $129,500 Active 63 DOM
  28. 2026-07-05
    days on market $129,500 Active 62 DOM
  29. 2026-07-03
    days on market $129,500 Active 60 DOM
  30. 2026-07-02
    days on market $129,500 Active 59 DOM
  31. 2026-07-01
    days on market $129,500 Active 58 DOM
  32. 2026-06-30
    days on market $129,500 Active 57 DOM
  33. 2026-06-29
    days on market $129,500 Active 56 DOM
  34. 2026-06-28
    days on market $129,500 Active 55 DOM
  35. 2026-06-27
    days on market $129,500 Active 54 DOM
  36. 2026-06-27
    days on market $129,500 Active 53 DOM
  37. 2026-06-25
    remarks 525-char remark
  38. 2026-06-25
    days on market $129,500 Active 51 DOM
  39. 2026-06-22
    days on market $129,500 Active 49 DOM
  40. 2026-06-21
    days on market $129,500 Active 48 DOM
  41. 2026-06-18
    days on market $129,500 Active 45 DOM
  42. 2026-06-17
    days on market $129,500 Active 44 DOM
  43. 2026-06-16
    days on market $129,500 Active 43 DOM
  44. 2026-06-15
    days on market $129,500 Active 42 DOM
  45. 2026-06-13
    days on market $129,500 Active 40 DOM
  46. 2026-06-09
    days on market $129,500 Active 36 DOM
  47. 2026-06-08
    days on market $129,500 Active 35 DOM
  48. 2026-06-07
    days on market $129,500 Active 34 DOM
  49. 2026-06-03
    days on market $129,500 Active 30 DOM
  50. 2026-06-02
    days on market $129,500 Active 29 DOM

ⓘ 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
$1,010 · $84/mo
Projected year-2 tax
$1,062 · $88/mo
Expected delta
+$52/yr (+$4/mo · 5.1%)

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,600
− Mortgage interest
−$7,254
− Property taxes
−$1,010
− Insurance
−$648
− Repairs & maintenance
−$1,568
− Management
−$1,568
− Depreciation
−$3,767
Taxable income
$3,785
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$908
After-tax cash flow
$4,768/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 · 3 photos

Fair 45/100 Moderate rehab Est. rehab $27,550–$49,590 screening

This two-story rental property in Suffolk, VA shows average condition with some wear and tear. Light repairs and maintenance, such as painting and landscaping, would significantly enhance its value and appeal to both buyers and renters.

Repairs flagged

  • Minor Paint — Light discoloration on exterior and interior
  • Minor Siding — Light wear and tear

Value-add opportunities

  • Both Paint exterior and interior — Enhances curb appeal and interior aesthetics
  • Both Landscaping — Improves curb appeal and enhances property value

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 49/100

Zoned Schools

Elementary Mack Benn Jr. Elementary F VA #924/1,108 Nat'l #20,973/41,679 Middle King's Fork Middle D+ VA #257/342 Nat'l #4,159/14,009 High King's Fork High C+ VA #244/319 Nat'l #3,510/17,239

Schools (NCES district)

District
Suffolk City Public School District
NCES district ID
5103710
Math proficiency
41% ▼ -43.00%
Reading proficiency
69% ▼ -8.00%
Median HH income
$65,573
Composite
48.31/100
National rank
#2151
State rank
#72 of 131 in VA
B Composite livability gradescore 77/100

Livability — Suffolk

Score
77/100
State rank
#88
US rank
#2896

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Suffolk, VA
County
Suffolk City · 95,269 people
City population
88,108
Metro
Virginia Beach-Norfolk-Newport News, VA-NC
Population (ZIP)
54,387
Household income
$79,877
Rent vs Own
31.5% rent · 68.5% own
Severe rent burden
11% of renters

Population outlook (Suffolk County) Hauer SSP2

Today (2025)
95,269 people
By 2030
98,269 · +3.1%
By 2040
103,177 · +8.3%
By 2050
105,777 · +11.0%
By 2075
110,963 · +16.5%
By 2100
103,711 · +8.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
Black 49% White 41% Two or more races 5% Hispanic / Latino 4% Asian 1%
Common ancestry
Lithuanian 1% Slovak 1% Italian 1%
Foreign-born
3% · Canada
Languages at home
96% English-only · Spanish 2%

Political lean MEDSL · Suffolk

2024 margin
D (+15.9) · D 57.4% · R 41.5% · Other 1.2%
2008→2024 swing
+2.7pp toward D · 2008: 13.2pp · 2024: 15.9pp
All cycles
2024: D+15.9 2020: D+17.3 2016: D+13.8 2012: D+15.1 2008: D+13.2

Not yet ingested

Civics

Price history

1 event — show timeline
  • 2026-05-04 Listed $129,500 CVRMLS

Property tax history

+2.9%/yr

Latest (2025): $1,010 · +2.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…