107 N Capital St · Suffolk, VA 23434

$80,000

3 bd · 1.0 ba · 960 sqft · SingleFamily public records · 37 Days on market

Built 1940

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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 +4.8/10.0
• Rent growth +4.0/5.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

35x140 lot dimension Approved house plans by the city 4 br/3 full bath 2200 2 story single family home 1st floor bedroom Survey conveys as well Utilities connected

Key facts

• Lot dimension
• 1st floor bedroom
• Approved house plans

Tags

• LOT DIMENSION
• APPROVED HOUSE PLANS
• 1ST FLOOR BEDROOM
• UTILITIES CONNECTED

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $780 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $80k).
• Recommended offer: $78k (3.0% below list) — sets the bar for market timing.
• Cap rate 18.0% vs local median 3.5% 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+, schools 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.
• Market conditions: Rents rising fast (+5.8%/yr); 536 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% 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 $553 of loan paydown is wiped out by about $2k 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 $22k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $35k; list at $80k implies a 129% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $77,600 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 2.06% ✓
• Cap rate: 17.99%
• Cash-on-cash: 41.79%
• DSCR: 2.86
• GRM: 4.1

CMA / ARV

• ARV (on-the-fly): $199,680
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
111 S Lloyd St	0.12mi	3/1.0	1,008 (+5%)	5mo	$189,000	$188	82
226 N 4th St	0.17mi	3/2.0	1,022 (+6%)	2mo	$222,000	$217	76
301 Goodman St	0.28mi	3/1.0	1,053 (+10%)	1mo	$125,000	$119	70
123 Walnut St	0.32mi	2/1.0 (-1)	896 (-7%)	0mo	$219,000	$244	69
121 S 10th St	0.39mi	3/2.0	892 (-7%)	0mo	$220,000	$247	66
1001 Truman Rd	0.45mi	3/1.0	1,005 (+5%)	9mo	$220,000	$219	64
310 Fuller St	0.49mi	2/1.0 (-1)	900 (-6%)	3mo	$115,000	$128	59
341 N 5th St	0.42mi	3/1.0	1,100 (+15%)	1mo	$220,000	$200	55
124 S 10th St	0.41mi	3/2.0	864 (-10%)	9mo	$169,900	$197	53
1010 Truman Rd	0.42mi	3/1.5	1,100 (+15%)	3mo	$229,000	$208	52
307 Central Ave	0.65mi	3/1.0	840 (-12%)	4mo	$135,000	$161	46
417 Hollywood Ave	0.68mi	2/1.5 (-1)	870 (-9%)	5mo	$217,000	$249	41

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: 41.5%
• Equity multiple: 2.85×
• Total profit: $41,552
• Equity at exit: $11,928

10-year hold

• IRR: 49.0%
• Equity multiple: 6.41×
• Total profit: $121,187
• Equity at exit: $6,917

Cash invested: $22,400 (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 23434

• Rents YoY: 5.8%
• Active inventory: 536
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $1,644 high
• Mortgage (P&I): −$420
• Tax from tax record: −$66 /mo · $793/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$345
• Net cashflow: $780

Break-even live

Break-even rent $657

Max offer price $80,000

Occupancy floor 48%

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
214 N 7th St Unit NA Suffolk, VA	2.0	1.0	760	$1,500	$1.97	23d	1	0.26mi
120 S 10th St Suffolk, VA	2.0	1.0	736	$1,250	$1.70	43d	1	0.40mi
326 E Washington St Suffolk, VA	2.0	2.0	839	$1,629	$1.94	3d	1	0.58mi
307 Central Ave Suffolk, VA	3.0	1.0	840	$1,700	$2.02	43d	1	0.67mi
181 N Main St Suffolk, VA	2.0	1.0–2.0	804	$1,885	$2.34	1d	15	0.87mi
1410 Blythewood Ln Suffolk, VA	4.0	1.5	1056	$1,800	$1.70	43d	1	1.00mi
210 Baker St Suffolk, VA	3.0	1.0	988	$1,600	$1.62	43d	1	1.22mi
308 Saint James Ave Unit B Suffolk, VA	2.0	1.0	936	$1,295	$1.38	23d	1	1.31mi
558 1st Ave Suffolk, VA	2.0	1.5	1000	$1,250	$1.25	43d	1	1.42mi
564 1st Ave Suffolk, VA	2.0	1.0	1000	$1,100	$1.10	43d	1	1.43mi

Listing history 14 events

1. 2026-06-18
   days on market $80,000 Active 37 DOM
2. 2026-06-17
   days on market $80,000 Active 36 DOM
3. 2026-06-16
   days on market $80,000 Active 35 DOM
4. 2026-06-15
   days on market $80,000 Active 34 DOM
5. 2026-06-13
   days on market $80,000 Active 32 DOM
6. 2026-06-09
   days on market $80,000 Active 28 DOM
7. 2026-06-08
   days on market $80,000 Active 27 DOM
8. 2026-06-07
   days on market $80,000 Active 26 DOM
9. 2026-06-03
   days on market $80,000 Active 22 DOM
10. 2026-06-02
    days on market $80,000 Active 21 DOM
11. 2026-06-01
    days on market $80,000 Active 20 DOM
12. 2026-05-31
    days on market $80,000 Active 19 DOM
13. 2026-05-12
    listed $80,000 Active 163-char remark
14. 2025-02-28
    soldstatus $35,000

ⓘ 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: $793 · $66/mo
• Projected year-2 tax: $793 · $66/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 9/10 Extreme 7 d/yr ≥109°F today · 16 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,731
• − Mortgage interest: −$4,481
• − Property taxes: −$793
• − Insurance: −$400
• − Repairs & maintenance: −$1,578
• − Management: −$1,578
• − Depreciation: −$2,327
• Taxable income: $8,573
• Est. tax owed @ 24.0%: −$2,057
• After-tax cash flow: $7,303/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: 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

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 · 88,108 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: 1934.0

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: —

Market trends

• HPI YoY: ▼ -383.80%
• Current HPI: 158.5866
• Rent YoY: ▲ 5.84%
• Metro: Virginia Beach-Norfolk-Newport News, VA-NC
• 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

+128.6% since first listed

2 events — show timeline

• 2026-05-12 Listed $80,000 FSBO.com
• 2025-02-28 Sold (Public Records) $35,000 Public Records

Property tax history

+4.4%/yr

Latest (2025): $793 · +2.1% YoY. Source: county tax records.