1814 East Lynch St · Lynchburg, VA 24504

$19,900

0 bd · None ba · 1,472 sqft · Other public records · 57 Days on market

Built 1875 3,568 sqft lot $14/sqft · 79% below area ↓ 48% since listing

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +4.5/5.0
• Schools +4.0/10.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Attention investors: Potential 2 BR/1BA with lovely Mountain View across the James, in need of rehab. Perfect for train enthusiasts. Zoned 107 Residential and I-3 Heavy industrial, previous permit is on file for residential renovation. The house sits within the bounds of an area registered in July 2023 with the National Register of Historic Places (NOT located in local historic district).

Key facts

• James river
• Mountain view
• 3,568 sq ft lot

Tags

• MOUNTAIN VIEW
• JAMES RIVER

Property features AI

Finance

• Other: Lot is approximately 0.0819 acres; Zoning: I-3

Exterior

• Home design: Single-family residence; One story
• Construction: Wood siding construction; 949 sq. ft. above-grade finished area; 1,009 sq. ft. below-grade finished area
• Exterior features: Metal roof

Interior

• Heating & cooling: No heating
• Interior features: Basement present

What this means for you Summary

Snapshot

• This is a other listed at $20k.

Deal economics

• At list price, monthly cash flow is $933 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $20k).
• Recommended offer: $19k (3.0% below list) — sets the bar for market timing.
• Cap rate 62.5% vs local median 4.0% in Lynchburg — 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 91/100 on livability (#1 in VA, #58 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime C-, employment D+.
• Lynchburg City Public School District (urban): math 36% / reading 61% proficiency, ranked #104 of 131 in VA (top 79%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Sandusky Middle (math 29% / reading 52%, grade F, #303 of 342 statewide, top 89%, 568 students, 96% FRL); Heritage High (math 32% / reading 77%, grade C-, #281 of 319 statewide, top 90%, 1,073 students, 94% FRL) — zoned schools average 95% FRL vs 61% district-wide (34 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.6%/yr); 105 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 472 units permitted in Lynchburg city in 2024 (240 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $138 of loan paydown is wiped out by about $597 of value loss. Plan a longer hold.
• Lynchburg County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.6% rent growth), your $6k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($19k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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 $12k; list at $20k implies a 66% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1875 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $19,303 (3.0% below list)

Questions for the listing agent

1. It's been on market 57 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 1875 — 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. 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?
6. 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.
7. 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.
8. 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: 6.81% ✓
• Cap rate: 62.53%
• Cash-on-cash: 200.86%
• DSCR: 9.94
• GRM: 1.2

CMA / ARV

• ARV (median comp): $125,764
• List price: $19,900
• Delta: -84.18%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.56% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 11.47×
• Total profit: $58,356
• Equity at exit: $2,967

10-year hold

• IRR: —
• Equity multiple: 25.50×
• Total profit: $136,535
• Equity at exit: $1,721

Cash invested: $5,572 (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 24504

• Home prices YoY: -12.7%
• Rents YoY: 4.6%
• Active inventory: 105
• Price-to-rent: 1.2×

Monthly cashflow live

• Estimated rent: $1,355 high
• Mortgage (P&I): −$104
• Tax est. 1.5%: −$25 /mo · $298/yr
• Insurance: −$8
• HOA: −$0
• Vacancy / Maint / Mgmt: −$284
• Net cashflow: $933

Break-even live

Break-even rent $174

Max offer price $19,900

Occupancy floor 26%

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: $4,975
• Closing costs: $597
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1500 Main St Lynchburg, VA	1.0–2.0	1.0	1182	$1,600	$1.35	13d	6	0.24mi
1316 Harrison St Lynchburg, VA	3.0	1.5	1535	$1,500	$0.98	43d	1	0.53mi
1521 Taylor St Lynchburg, VA	3.0	1.0	1337	$1,195	$0.89	20d	1	0.73mi
801 Church St Unit 8 Lynchburg, VA	2.0	2.0	875	$1,850	$2.11	13d	1	0.78mi
1308 16th St Lynchburg, VA	3.0	2.0	1380	$1,800	$1.30	13d	1	0.79mi
612 Commerce St Lynchburg, VA	1.0–2.0	1.0–2.0	716	$1,250	$1.74	13d	2	0.87mi
1415 Floyd St Lynchburg, VA	3.0	2.0	1300	$1,800	$1.38	20d	1	0.87mi
1518 Fillmore St Lynchburg, VA	3.0	2.5	1560	$1,800	$1.15	13d	1	0.88mi
1514 Fillmore St Lynchburg, VA	3.0	2.5	1560	$1,800	$1.15	13d	1	0.88mi
900 Polk St Unit A Lynchburg, VA	3.0	1.0	1100	$895	$0.81	13d	1	0.88mi
1008 8th St Lynchburg, VA	3.0	2.0	1316	$1,795	$1.36	20d	1	0.97mi
812 Taylor St Lynchburg, VA	3.0	2.0	1872	$1,950	$1.04	13d	1	0.99mi
1105 Fillmore St Unit B Lynchburg, VA	3.0	1.0	1300	$1,250	$0.96	43d	1	1.03mi
1219 Pierce St Unit 1221 Lynchburg, VA	2.0	1.0	1168	$825	$0.71	13d	1	1.03mi
601 Jackson St Lynchburg, VA	3.0	2.0	1138	$1,595	$1.40	43d	1	1.03mi
1106 Pierce St Lynchburg, VA	3.0	2.0	1018	$875	$0.86	20d	1	1.06mi
512 Polk St Lynchburg, VA	3.0	1.0	1340	$1,295	$0.97	20d	1	1.10mi
1401 Kemper St Lynchburg, VA	2.0–3.0	2.0	1118	$707	$0.63	20d	6	1.16mi
317 Polk St Lynchburg, VA	3.0	2.0	925	$1,650	$1.78	43d	1	1.22mi
2269 Aragon St Lynchburg, VA	3.0	2.0	1200	$1,695	$1.41	43d	1	1.44mi
2336 Aragon St Lynchburg, VA	2.0	1.0	1042	$995	$0.95	13d	1	1.46mi
710 Grady St Unit B Lynchburg, VA	2.0	1.0	1872	$795	$0.42	13d	1	1.47mi
2518 Carter St Lynchburg, VA	3.0	2.0	1091	$1,500	$1.37	43d	1	1.48mi

Listing history 23 events

1. 2026-06-19
   days on market $19,900 Active 57 DOM
2. 2026-06-18
   days on market $19,900 Active 56 DOM
3. 2026-06-17
   days on market $19,900 Active 55 DOM
4. 2026-06-16
   days on market $19,900 Active 54 DOM
5. 2026-06-15
   days on market $19,900 Active 53 DOM
6. 2026-06-14
   days on market $19,900 Active 51 DOM
7. 2026-06-13
   days on market $19,900 Active 50 DOM
8. 2026-06-10
   days on market $19,900 Active 48 DOM
9. 2026-06-09
   days on market $19,900 Active 47 DOM
10. 2026-06-08
    days on market $19,900 Active 46 DOM
11. 2026-06-07
    days on market $19,900 Active 45 DOM
12. 2026-06-03
    days on market $19,900 Active 41 DOM
13. 2026-06-02
    days on market $19,900 Active 40 DOM
14. 2026-06-01
    days on market $19,900 Active 39 DOM
15. 2026-05-31
    days on market $19,900 Active 38 DOM
16. 2026-05-30
    days on market $19,900 Active 37 DOM
17. 2026-04-23
    listed $19,900 Active 293-char remark
18. 2025-10-05
    listed $23,000 Active
19. 2025-01-10
    soldstatus $12,000 Closed

    Show marketing remark (393 chars)

    Attention investors: Potential 2 BR/1BA with lovely Mountain View across the James, in need of rehab. Perfect for train enthusiasts. Zoned 107 Residential and I-3 Heavy industrial, previous permit is on file for residential renovation. The house sits within the bounds of an area registered in July 2023 with the National Register of Historic Places (NOT located in local historic district).

20. 2024-12-16
    status Pending

    Show marketing remark (393 chars)

    Attention investors: Potential 2 BR/1BA with lovely Mountain View across the James, in need of rehab. Perfect for train enthusiasts. Zoned 107 Residential and I-3 Heavy industrial, previous permit is on file for residential renovation. The house sits within the bounds of an area registered in July 2023 with the National Register of Historic Places (NOT located in local historic district).

21. 2024-10-17
    price $20,000

    Show marketing remark (393 chars)

    Attention investors: Potential 2 BR/1BA with lovely Mountain View across the James, in need of rehab. Perfect for train enthusiasts. Zoned 107 Residential and I-3 Heavy industrial, previous permit is on file for residential renovation. The house sits within the bounds of an area registered in July 2023 with the National Register of Historic Places (NOT located in local historic district).

22. 2024-08-02
    price $30,000

    Show marketing remark (393 chars)

    Attention investors: Potential 2 BR/1BA with lovely Mountain View across the James, in need of rehab. Perfect for train enthusiasts. Zoned 107 Residential and I-3 Heavy industrial, previous permit is on file for residential renovation. The house sits within the bounds of an area registered in July 2023 with the National Register of Historic Places (NOT located in local historic district).

23. 2023-12-30
    listed $38,000 Active

    Show marketing remark (393 chars)

    Attention investors: Potential 2 BR/1BA with lovely Mountain View across the James, in need of rehab. Perfect for train enthusiasts. Zoned 107 Residential and I-3 Heavy industrial, previous permit is on file for residential renovation. The house sits within the bounds of an area registered in July 2023 with the National Register of Historic Places (NOT located in local historic district).

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥102°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% 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: $16,256
• − Mortgage interest: −$1,115
• − Property taxes: −$298
• − Insurance: −$100
• − Repairs & maintenance: −$1,300
• − Management: −$1,300
• − Depreciation: −$579
• Taxable income: $11,563
• Est. tax owed @ 24.0%: −$2,775
• After-tax cash flow: $8,417/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: Lynchburg City Public School District
• NCES district ID: 5102340
• Math proficiency: 36% ▼ -38.00%
• Reading proficiency: 61% ▼ -8.00%
• Median HH income: $39,097
• Composite: 40.4/100
• National rank: #3730
• State rank: #104 of 131 in VA

Livability — Lynchburg

• Score: 91/100
• State rank: #1
• US rank: #58

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lynchburg, VA
• County: Lynchburg City · 97,036 people
• City population: 97,036
• Metro: Lynchburg, VA
• Population (ZIP): 9,632
• Household income: $52,571
• Rent vs Own: 46.4% rent · 53.6% own
• Severe rent burden: 552.0

Population outlook (Lynchburg County) Hauer SSP2

• Today (2025): 87,977 people
• By 2030: 93,626 · +6.4%
• By 2040: 106,145 · +20.7%
• By 2050: 120,783 · +37.3%
• By 2075: 162,249 · +84.4%
• By 2100: 191,358 · +117.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 51% Black 40% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Italian 3% Lithuanian 1% Serbian 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 95% English-only · Spanish 3% Chinese 1%

Political lean MEDSL · Lynchburg

• 2024 margin: Lean R (+7.9) · D 45.4% · R 53.3% · Other 1.3%
• 2008→2024 swing: -3.9pp toward R · 2008: -4.0pp · 2024: -7.9pp
• All cycles: 2024: R+7.9 2020: D+2.6 2016: R+9.0 2012: R+10.6 2008: R+4.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -33.39%
• Current HPI: 229.4423
• Rent YoY: ▲ 4.56%
• Metro: Lynchburg, VA
• 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

-47.6% since first listed

7 events — show timeline

• 2026-04-23 Listed $19,900 LMLS
• 2025-10-05 Listed $23,000 LMLS
• 2025-01-10 Sold (MLS) $12,000 LMLS
• 2024-12-16 Pending — LMLS
• 2024-10-17 Price Changed $20,000 LMLS
• 2024-08-02 Price Changed $30,000 LMLS
• 2023-12-30 Listed $38,000 LMLS