2134 Woodcrest Dr · Lynchburg, VA 24503

$215,000

3 bd · 1.5 ba · 1,634 sqft · SingleFamily public records · 56 Days on market

Built 1955 0.90 ac lot $132/sqft · 24% below area Est $310k · 31% under ↓ 11% since listing

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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 +15.0/30.0
• ARV discount +15.0/15.0
• DSCR +4.6/10.0
• Livability +4.5/5.0
• Schools +4.0/10.0
• 1% rule +3.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Priced well below tax assessment! This classic brick home is full of timeless charm and is conveniently located in one of Lynchburg's most desirable areas. Featuring two fireplaces, hardwood flooring, and three bedrooms, the home offers a warm and inviting layout with an open kitchen perfect for everyday living and entertaining. Recent updates include a new roof and foundation work, providing added peace of mind for the next owner. The lower level includes an attached garage, additional recreational room, and extra storage space. Enjoy the convenience of a covered carport and a great neighborhood setting. Just minutes from Boonsboro's popular coffee shops, local restaurants, shopping, and all that Lynchburg has to offerthis location truly has it all. Property is being sold as-is.

Key facts

• Hardwood flooring
• Attached garage
• Foundation work

Tags

• TWO FIREPLACES
• HARDWOOD FLOORING
• OPEN KITCHEN
• NEW ROOF
• FOUNDATION WORK
• ATTACHED GARAGE

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $68 ($818/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 $187k (13.0% below list).
• Recommended offer: $187k (13.0% below list) — sets the bar for 1% rule.
• Cap rate 6.7% 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.
• Market conditions: 174 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 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 $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts; this cycle's ask has dropped $40k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — 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 $187,019 (13.0% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — 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: 0.87% ✗
• Cap rate: 6.67%
• Cash-on-cash: 1.36%
• DSCR: 1.06
• GRM: 9.6

CMA / ARV

• ARV (median comp): $310,159
• List price: $215,000
• Delta: -30.68%
• 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
4132 Audubon Pl	0.25mi	3/2.0	1,622 (-1%)	1mo	$289,000	$178	84
2022 Woodcrest Dr	0.23mi	3/1.5	1,757 (+8%)	6mo	$285,000	$162	72
4317 Montgomery Rd Rd	0.37mi	3/1.5	1,690 (+3%)	9mo	$280,400	$166	70
2039 Indian Hill Rd	0.26mi	4/2.0 (+1)	1,775 (+9%)	6mo	$300,000	$169	61
4128 Audubon Pl	0.24mi	3/2.5	1,827 (+12%)	11mo	$310,000	$170	56
2229 Taylor Farm Rd	0.37mi	3/2.0	1,869 (+14%)	3mo	$215,000	$115	54
2416 Castle Pl	0.44mi	3/2.5	1,852 (+13%)	0mo	$325,000	$175	53
1624 Clayton Ave	0.60mi	3/1.5	1,820 (+11%)	7mo	$314,400	$173	47
3301 Cranehill Dr	0.72mi	3/2.0	1,524 (-7%)	11mo	$303,000	$199	44
4004 Summit St. St	0.50mi	3/2.5	1,442 (-12%)	12mo	$349,900	$243	43
2833 Link Rd	0.67mi	3/2.0	1,872 (+15%)	10mo	$379,000	$202	34
1500 Morrison Dr Dr	0.73mi	3/2.5	1,830 (+12%)	10mo	$369,000	$202	33

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -14.1%
• Equity multiple: 0.49×
• Total profit: $-30,517
• Equity at exit: $32,057

10-year hold

• IRR: -5.4%
• Equity multiple: 0.65×
• Total profit: $-21,060
• Equity at exit: $18,589

Cash invested: $60,200 (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 24503

• Active inventory: 174
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,870 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$192 /mo · $2,307/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $68

Break-even live

Break-even rent $1,784

Max offer price $215,000

Occupancy floor 91%

Sensitivity live

Price	-10% $190	-5% $129	+0% $68	+5% $7	+10% $-54
Rent	-10% $-80	-5% $-6	+0% $68	+5% $142	+10% $216
Rate	-1.0pp $176	-0.5pp $123	base $68	+0.5pp $12	+1.0pp $-44

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2229 Taylor Farm Rd Lynchburg, VA	4.0	2.0	1869	$1,795	$0.96	21d	1	0.38mi
3707 Manton Dr Lynchburg, VA	3.0	1.5	1828	$2,200	$1.20	44d	1	0.59mi
1506 Hamilton Dr Lynchburg, VA	3.0	1.5	1656	$1,600	$0.97	44d	1	0.74mi
4600 Boonsboro Rd Lynchburg, VA	3.0	1.5	1436	$2,200	$1.53	21d	1	0.81mi
4604 Boonsboro Rd Lynchburg, VA	2.0	2.0	1664	$2,200	$1.32	21d	1	0.82mi
4102 Peakland Pl Lynchburg, VA	3.0	2.0	1965	$2,100	$1.07	44d	1	0.85mi
3046 Fulton St Lynchburg, VA	3.0	2.5	1829	$2,000	$1.09	44d	1	1.02mi
3101 Link Rd #96 Lynchburg, VA	2.0	1.5	1080	$1,200	$1.11	44d	1	1.12mi
1123 Ardmore Dr Lynchburg, VA	3.0	1.0	1502	$1,605	$1.07	21d	1	1.42mi
1044 Ardmore Cir Lynchburg, VA	3.0	1.0	1052	$1,700	$1.62	21d	1	1.46mi
130 Robinia Rd Lynchburg, VA	4.0	2.5	1660	$2,195	$1.32	21d	1	1.46mi

Listing history 24 events

1. 2026-06-13
   status $215,000 Pending 56 DOM
2. 2026-06-10
   days on market $215,000 Active 56 DOM
3. 2026-06-09
   days on market $215,000 Active 55 DOM
4. 2026-06-08
   days on market $215,000 Active 54 DOM
5. 2026-06-07
   pricedays on market $215,000 Active 53 DOM
6. 2026-06-03
   days on market $225,000 Active 49 DOM
7. 2026-06-02
   days on market $225,000 Active 48 DOM
8. 2026-06-01
   days on market $225,000 Active 47 DOM
9. 2026-05-31
   days on market $225,000 Active 46 DOM
10. 2026-05-30
    days on market $225,000 Active 45 DOM
11. 2026-05-12
    price $239,900 790-char remark

    Show marketing remark (790 chars)

    Priced well below tax assessment! This classic brick home is full of timeless charm and is conveniently located in one of Lynchburg's most desirable areas. Featuring two fireplaces, hardwood flooring, and three bedrooms, the home offers a warm and inviting layout with an open kitchen perfect for everyday living and entertaining. Recent updates include a new roof and foundation work, providing added peace of mind for the next owner. The lower level includes an attached garage, additional recreational room, and extra storage space. Enjoy the convenience of a covered carport and a great neighborhood setting. Just minutes from Boonsboro's popular coffee shops, local restaurants, shopping, and all that Lynchburg has to offerthis location truly has it all. Property is being sold as-is.

12. 2026-05-01
    price $244,900 790-char remark

    Show marketing remark (790 chars)

    Priced well below tax assessment! This classic brick home is full of timeless charm and is conveniently located in one of Lynchburg's most desirable areas. Featuring two fireplaces, hardwood flooring, and three bedrooms, the home offers a warm and inviting layout with an open kitchen perfect for everyday living and entertaining. Recent updates include a new roof and foundation work, providing added peace of mind for the next owner. The lower level includes an attached garage, additional recreational room, and extra storage space. Enjoy the convenience of a covered carport and a great neighborhood setting. Just minutes from Boonsboro's popular coffee shops, local restaurants, shopping, and all that Lynchburg has to offerthis location truly has it all. Property is being sold as-is.

13. 2026-04-28
    price $249,900 790-char remark

    Show marketing remark (790 chars)

    Priced well below tax assessment! This classic brick home is full of timeless charm and is conveniently located in one of Lynchburg's most desirable areas. Featuring two fireplaces, hardwood flooring, and three bedrooms, the home offers a warm and inviting layout with an open kitchen perfect for everyday living and entertaining. Recent updates include a new roof and foundation work, providing added peace of mind for the next owner. The lower level includes an attached garage, additional recreational room, and extra storage space. Enjoy the convenience of a covered carport and a great neighborhood setting. Just minutes from Boonsboro's popular coffee shops, local restaurants, shopping, and all that Lynchburg has to offerthis location truly has it all. Property is being sold as-is.

14. 2026-04-15
    listed $254,900 Active 790-char remark

    Show marketing remark (790 chars)

    Priced well below tax assessment! This classic brick home is full of timeless charm and is conveniently located in one of Lynchburg's most desirable areas. Featuring two fireplaces, hardwood flooring, and three bedrooms, the home offers a warm and inviting layout with an open kitchen perfect for everyday living and entertaining. Recent updates include a new roof and foundation work, providing added peace of mind for the next owner. The lower level includes an attached garage, additional recreational room, and extra storage space. Enjoy the convenience of a covered carport and a great neighborhood setting. Just minutes from Boonsboro's popular coffee shops, local restaurants, shopping, and all that Lynchburg has to offerthis location truly has it all. Property is being sold as-is.

15. 2026-03-18
    status Active
16. 2026-02-25
    status Pending
17. 2026-02-25
    status Pending
18. 2026-02-25
    historical
19. 2026-02-11
    price $249,900
20. 2026-02-02
    status Active
21. 2026-01-28
    status Active
22. 2026-01-07
    historical Active Under Contract
23. 2025-12-31
    listed $269,900 Active
24. 2025-12-31
    listed $269,900 Active

ⓘ 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: $2,307 · $192/mo
• Projected year-2 tax: $2,307 · $192/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 5/10 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: $22,442
• − Mortgage interest: −$12,043
• − Property taxes: −$2,307
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,795
• − Management: −$1,795
• − Depreciation: −$6,255
• Taxable loss: −$2,828
• Est. tax savings @ 24.0%: +$679
• After-tax cash flow: $1,497/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): 20,419
• Household income: $89,137
• Rent vs Own: 25.0% rent · 75.0% own
• Severe rent burden: 506.0

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: Predominantly White (79%)
• Race & ethnicity: White 79% Black 12% Two or more races 5% Hispanic / Latino 4%
• Common ancestry: Italian 4% Slovak 2% Lithuanian 2%
• Foreign-born: 3% · Canada, China
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 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: ▼ -220.75%
• Current HPI: 227.1443
• Rent YoY: —
• 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

-11.1% since first listed

14 events — show timeline

• 2026-05-12 Price Changed $239,900 LMLS
• 2026-05-01 Price Changed $244,900 LMLS
• 2026-04-28 Price Changed $249,900 LMLS
• 2026-04-15 Listed $254,900 LMLS
• 2026-03-18 Relisted — LMLS
• 2026-02-25 Pending — CAAR
• 2026-02-25 Pending — LMLS
• 2026-02-25 Listing Removed — CAAR
• 2026-02-11 Price Changed $249,900 LMLS
• 2026-02-02 Relisted — CAAR
• 2026-01-28 Relisted — LMLS
• 2026-01-07 Contingent — CAAR
• 2025-12-31 Listed $269,900 CAAR
• 2025-12-31 Listed $269,900 LMLS

Property tax history

+4.9%/yr

Latest (2025): $2,307 · +31.4% YoY. Source: county tax records.