621 Temple Ln · Newport News, VA 23605

$139,900

3 bd · 1.5 ba · 1,203 sqft · SingleFamily public records · 11 Days on market

Built 1958 $116/sqft · 43% below area Est $246k · 43% under

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Why this score? — see what drove the C 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 +15.8/30.0
• ARV discount +15.0/15.0
• DSCR +4.9/10.0
• 1% rule +4.8/10.0
• Rent growth +4.7/5.0
• Schools +3.8/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Key facts

• Garage
• Built 1958
• Listed 11 days

Property features AI

Finance

• HOA & community: No HOA fees reported

Exterior

• Parking: Attached 1-car garage
• Utilities: City/County water; City/County sewer; Electric water heater; Electric power
• Home design: Detached ranch; Single-story (one living level)
• Construction: Crawl foundation; Asphalt shingle roof
• Exterior features: Aluminum and vinyl siding; Chain link fence

Interior

• Kitchen: Microwave; Electric range; Refrigerator
• Bedrooms: Bedroom with full bathroom on the first floor
• Flooring: Carpet
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Carpet flooring; Bedroom and full bathroom on the first floor; Six total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $64 ($766/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 $137k (1.9% below list).
• Recommended offer: $137k (1.9% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 4.2% in Newport News — 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 75/100 on livability (#123 in VA, #4,018 nationally) — a middle-class / working-renter tenant base. Strengths: health & safety A+, cost of living A, housing A; Watch: crime F, commute F.
• Newport News City Public School District (urban): math 34% / reading 54% proficiency, ranked #112 of 131 in VA (top 86%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Carver Elementary (math 14% / reading 32%, grade F, #1,066 of 1,108 statewide, top 96%, 600 students, 90% FRL); Heritage High (math 49% / reading 67%, grade C, #262 of 319 statewide, top 82%, 1,111 students, 85% FRL) — zoned schools average 88% FRL vs 55% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+8.9%/yr); 43 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 522 units permitted in Newport News city in 2024 (458 in 5+ unit buildings).
• This rent runs 31% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Newport News County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 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.
• Current owner paid $10k; list at $140k implies a 1306% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $137,221 (1.9% below list)

Questions for the listing agent

1. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.98% ✗
• Cap rate: 6.84%
• Cash-on-cash: 1.95%
• DSCR: 1.09
• GRM: 8.5

CMA / ARV

• ARV (median comp): $245,500
• List price: $139,900
• Delta: -43.01%
• 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
667 Ellen Rd	0.22mi	3/2.0	1,246 (+4%)	3mo	$254,900	$205	80
5810 Greenway Ave	0.06mi	3/1.0	1,071 (-11%)	6mo	$205,000	$191	72
624 Highland Ct	0.23mi	3/2.0	1,152 (-4%)	10mo	$253,500	$220	72
5913 Marshall Ave	0.31mi	3/2.0	1,100 (-9%)	2mo	$210,100	$191	68
5904 Madison Ave	0.20mi	3/4.0	1,286 (+7%)	4mo	$220,000	$171	66
632 Decatur St	0.12mi	3/2.0	1,032 (-14%)	8mo	$246,000	$238	62
710 Hilton Blvd	0.47mi	3/2.0	1,277 (+6%)	6mo	$290,000	$227	61
1006 De Gaule St	0.54mi	4/2.0 (+1)	1,248 (+4%)	4mo	$249,900	$200	58
611 74th St	0.72mi	3/2.0	1,265 (+5%)	11mo	$265,000	$209	46
7307 Madison Ave	0.68mi	3/2.0	1,382 (+15%)	5mo	$230,000	$166	37
4905 Warwick Blvd	0.71mi	3/2.5	1,380 (+15%)	2mo	$285,000	$207	36
704 73rd St	0.68mi	2/1.0 (-1)	1,026 (-15%)	11mo	$222,000	$216	28

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -7.4%
• Equity multiple: 0.71×
• Total profit: $-11,300
• Equity at exit: $20,860

10-year hold

• IRR: 7.8%
• Equity multiple: 1.73×
• Total profit: $28,617
• Equity at exit: $12,096

Cash invested: $39,172 (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 23605

• Home prices YoY: -7.6%
• Rents YoY: 8.9%
• Active inventory: 43
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,372 high
• Mortgage (P&I): −$734
• Tax from tax record: −$228 /mo · $2,739/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$288
• Net cashflow: $64

Break-even live

Break-even rent $1,291

Max offer price $139,900

Occupancy floor 90%

Sensitivity live

Price	-10% $143	-5% $103	+0% $64	+5% $24	+10% $-15
Rent	-10% $-45	-5% $10	+0% $64	+5% $118	+10% $172
Rate	-1.0pp $134	-0.5pp $99	base $64	+0.5pp $28	+1.0pp $-9

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
902 W Russell Ct Newport News, VA	3.0	1.0	984	$1,450	$1.47	45d	1	0.46mi
318 61st St Newport News, VA	2.0	1.0	950	$1,500	$1.58	45d	1	0.52mi
634 72nd St Newport News, VA	2.0	1.0	736	$1,100	$1.49	25d	1	0.57mi
656 49th St Newport News, VA	3.0	1.0	946	$1,500	$1.59	25d	1	0.58mi
620 73rd St Newport News, VA	3.0	2.0	1203	$1,900	$1.58	3d	1	0.62mi
602 74th St Newport News, VA	2.0	1.0	950	$1,080	$1.14	25d	1	0.68mi
635 46th St Newport News, VA	3.0	1.0	1097	$1,400	$1.28	45d	1	0.70mi
646 46th St Unit Na Newport News, VA	3.0	2.0	1300	$1,800	$1.38	45d	1	0.73mi
646 46th St Newport News, VA	3.0	2.0	1300	$1,800	$1.38	5d	1	0.73mi
317 49th St Newport News, VA	3.0	1.5	1238	$1,595	$1.29	25d	1	0.78mi
6206 Hilmar Pl Newport News, VA	2.0	1.0	975	$995	$1.02	45d	1	0.83mi
1115 Briarfield Rd Newport News, VA	1.0–2.0	1.0–2.0	1007	$1,351	$1.34	25d	1	0.87mi
6010 Jefferson Ave Newport News, VA	2.0	1.0	900	$1,245	$1.38	45d	2	0.89mi
4325 Newsome Dr Newport News, VA	2.0	1.0	740	$795	$1.07	4d	1	0.92mi
4325 Newsome Dr Newport News, VA	2.0	1.0	740	$795	$1.07	11d	1	0.92mi
4261 Newsome Dr Newport News, VA	2.0	1.0	740	$10,145	$13.71	25d	1	0.93mi
4263 Newsome Dr Newport News, VA	2.0	1.0	740	$795	$1.07	11d	1	0.93mi
4263 Newsome Dr Unit 4263 Newport News, VA	2.0	1.0	740	$1,045	$1.41	45d	1	0.93mi
4163 Newsome Dr Newport News, VA	2.0	1.0	740	$1,045	$1.41	25d	1	0.97mi
4137 Newsome Dr Newport News, VA	2.0	1.0	740	$795	$1.07	4d	1	0.97mi
4241 Orcutt Ave Newport News, VA	2.0	1.0	740	$795	$1.07	4d	1	0.97mi
4135 Newsome Dr Newport News, VA	2.0	1.0	740	$795	$1.07	4d	1	0.97mi
4226 Newsome Dr Newport News, VA	2.0	1.0	740	$1,045	$1.41	25d	1	0.98mi
1112 74th St Newport News, VA	3.0	1.0	928	$1,500	$1.62	22d	1	0.98mi
4224 Newsome Dr Newport News, VA	2.0	1.0	740	$1,045	$1.41	25d	1	0.98mi
841 41st St Newport News, VA	2.0	1.0	740	$795	$1.07	11d	1	0.98mi
4200 Newsome Dr Newport News, VA	2.0	1.0	895	$795	$0.89	25d	1	0.98mi
4119 Newsome Dr Newport News, VA	2.0	1.0	740	$1,045	$1.41	25d	1	0.98mi
4218 Newsome Dr Newport News, VA	2.0	1.0	740	$795	$1.07	4d	1	0.99mi
4107 Newsome Dr Newport News, VA	2.0	1.0	740	$1,045	$1.41	45d	1	1.00mi
4101 Newsome Dr Newport News, VA	2.0	1.0	740	$1,045	$1.41	25d	1	1.01mi
4104 Newsome Dr Newport News, VA	2.0	1.0	740	$1,045	$1.41	45d	1	1.02mi
4104 Newsome Dr Newport News, VA	2.0	1.0	740	$1,045	$1.41	25d	1	1.02mi
4111 Orcutt Ave Newport News, VA	2.0	1.0	740	$795	$1.07	4d	1	1.02mi
915 41st St Newport News, VA	2.0	1.0	740	$1,045	$1.41	25d	1	1.03mi
913 41st St Newport News, VA	2.0	1.5	740	$1,045	$1.41	25d	1	1.03mi
935 37th St Unit 16 Newport News, VA	2.0	1.0	700	$995	$1.42	45d	1	1.20mi
935 37th St Unit 4 Newport News, VA	2.0	1.0	700	$900	$1.29	25d	1	1.20mi
935 37th St Unit 15 Newport News, VA	2.0	1.0	700	$995	$1.42	8d	1	1.20mi
1032 37th St Newport News, VA	3.0	2.0	1191	$1,450	$1.22	45d	1	1.29mi

Listing history 3 events

1. 2026-05-05
   status Under Contract
2. 2026-04-24
   listed $139,900 Active
3. 1958-10-08
   soldstatus $9,950

ⓘ 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: $2,739 · $228/mo
• Projected year-2 tax: $2,739 · $228/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 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 15 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,467
• − Mortgage interest: −$7,837
• − Property taxes: −$2,739
• − Insurance: −$700
• − Repairs & maintenance: −$1,317
• − Management: −$1,317
• − Depreciation: −$4,070
• Taxable loss: −$1,513
• Est. tax savings @ 24.0%: +$363
• After-tax cash flow: $1,129/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: Newport News City Public School District
• NCES district ID: 5102640
• Math proficiency: 34% ▼ -37.00%
• Reading proficiency: 54% ▼ -10.00%
• Median HH income: $49,644
• Composite: 37.7/100
• National rank: #4360
• State rank: #112 of 131 in VA

Livability — Newport News

• Score: 75/100
• State rank: #123
• US rank: #4018

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newport News, VA
• County: Newport News City · 178,950 people
• City population: 178,950
• Metro: Virginia Beach-Norfolk-Newport News, VA-NC
• Population (ZIP): 13,332
• Household income: $53,815
• Rent vs Own: 59.5% rent · 40.5% own
• Severe rent burden: 1119.0

Population outlook (Newport News County) Hauer SSP2

• Today (2025): 181,076 people
• By 2030: 179,683 · -0.8%
• By 2040: 174,649 · -3.5%
• By 2050: 167,407 · -7.5%
• By 2075: 147,597 · -18.5%
• By 2100: 122,144 · -32.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Black 59% White 25% Two or more races 9% Hispanic / Latino 8%
• Hispanic origin (detail): Mexican 3% Puerto Rican 3%
• Common ancestry: Romanian 2% Lithuanian 1% Italian 1%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 94% English-only · Spanish 5%

Political lean MEDSL · Newport News

• 2024 margin: Strong D (+28.8) · D 63.7% · R 34.9% · Other 1.4%
• 2008→2024 swing: +0.1pp no change · 2008: 28.7pp · 2024: 28.8pp
• All cycles: 2024: D+28.8 2020: D+32.9 2016: D+25.4 2012: D+30.0 2008: D+28.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -24.94%
• Current HPI: 305.0997
• Rent YoY: ▲ 8.87%
• 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

+1306.0% since first listed

5 events — show timeline

• 2026-05-27 Pending — REINMLS
• 2026-05-26 Relisted — REINMLS
• 2026-05-05 Pending — REINMLS
• 2026-04-24 Listed $139,900 REINMLS
• 1958-10-08 Sold (Public Records) $9,950 Public Records

Property tax history

+4.7%/yr

Latest (2026): $2,739 · +9.2% YoY. Source: county tax records.