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11112 Puckett Pl
D- Composite 36.05
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 +11.6/30.0
  • Schools +5.2/10.0
  • ARV discount +4.0/15.0
  • Livability +3.9/5.0
  • DSCR +3.4/10.0
  • Rent growth +3.1/5.0
  • 1% rule +2.5/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$315,000

11112 Puckett Pl · Rockwood, VA 23112
3 bd · 1.5 ba · 1,056 sqft · SingleFamily public records · 2 Days on market
Built 1981 0.30 ac lot Est $293k · 8% over

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

Listing remarks MLS

Welcome to 11112 Puckett Place! Conveniently located, this 3 bedroom, 1.5 bath Rancher sits on a . 30 acre private lot. Walk in the front door to large family room with lots of natural light. Spacious eat in kitchen with plenty of cabinet space for storage, granite countertops and stainless steel appliances. On the opposite side of the house you will find 3 nice sized bedrooms. Freshly painted, updated bathrooms, new water heater and gutters. Enjoy outdoor entertaining and relaxing on the large deck overlooking large rear yard. Located minutes from shopping, restaurants, grocery stores and highways!

Key facts

  • Cul-de-sac lot
  • Wood accent wall
  • Granite countertops

Tags

CUL-DE-SAC LOTWOOD ACCENT WALLGRANITE COUNTERTOPSSTAINLESS STEEL APPLIANCESUPDATED BATHROOMNEWER GUTTERS

Property features AI

Exterior

  • Parking: Off-street parking
  • Utilities: Public water; Public sewer; Electric service
  • Home design: Single-story home; Shingle roof; Vinyl siding and frame construction; Drywall interior
  • Construction: Built (actual year not listed)
  • Exterior features: Deck; Storage shed; Fenced backyard; Located on a cul-de-sac

Interior

  • Kitchen: Granite counters; Stainless steel appliances; Dishwasher; Microwave; Oven; Stove; Refrigerator
  • Bedrooms: Primary and additional bedrooms on the main level; Bedroom with double closet and ceiling fan; Bedroom with closet
  • Flooring: Ceramic tile; Vinyl
  • Bathrooms: One full bathroom with tub & shower; One half bathroom (located in laundry area)
  • Heating & cooling: Electric heating; Central electric air conditioning
  • Interior features: Ceiling fans; Eat-in kitchen; Granite counters; Main-level primary bedroom; Recessed lighting
  • Laundry & utility: Main-level laundry room with tile flooring and half bath; Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.5-bath single-family listed at $315k.

Deal economics

  • At list price, monthly cash flow is $-101 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $297k (5.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $236k (25.1% below list).
  • Recommended offer: $236k (25.1% below list) — sets the bar for 1% rule.
  • Cap rate 5.9% vs local median 4.2% in Rockwood — 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 (#86 in VA, #2,803 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, crime B+; Watch: amenities F, commute F.
  • Chesterfield County Public School District (suburban): math 52% / reading 64% proficiency, ranked #57 of 131 in VA (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Evergreen Elementary (math 60% / reading 64%, grade B, #480 of 1,108 statewide, top 46%, 811 students, 30% FRL); Swift Creek Middle (math 63% / reading 63%, grade B+, #134 of 342 statewide, top 40%, 1,115 students, 28% FRL); Clover Hill High (math 60% / reading 89%, grade B+, #107 of 319 statewide, top 37%, 1,775 students, 31% FRL) — zoned schools at 30% FRL track the district average.
  • Market conditions: Rents rising (+2.3%/yr); 495 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 2,307 units permitted in Chesterfield County in 2024 (462 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Chesterfield County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 12y 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.

Risks & watch-outs

  • Climate carrying-cost: major flood risk; moderate wind risk, 25% 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 $236,058 (25.1% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  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
0.75%
Cap rate
5.91%
Cash-on-cash
-1.37%
DSCR
0.94
GRM
11.1

CMA / ARV

ARV (on-the-fly)
$292,512
Comps found
11
Show comp detail 11 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3128 Woodsong Dr 0.35mi 3/1.5 1,056 (0%) 2mo $317,000 $300 82
3024 Gregwood Rd 0.24mi 3/2.0 1,112 (+5%) 9mo $307,000 $276 70
3111 Woodsong Dr 0.29mi 3/2.0 1,108 (+5%) 20mo $309,000 $279 60
3005 Tanya Ter 0.20mi 3/1.5 960 (-9%) 20mo $269,000 $280 58
3041 Clintwood Rd 0.41mi 3/1.5 1,200 (+14%) 2mo $275,000 $229 56
3201 Reginald Ct 0.39mi 3/1.0 960 (-9%) 11mo $285,000 $297 55
3124 Gregwood Rd 0.40mi 3/2.0 1,106 (+5%) 22mo $318,000 $288 54
3130 Gregwood Rd 0.41mi 3/2.0 1,108 (+5%) 22mo $306,550 $277 52
3200 Reginald Ct 0.39mi 3/1.0 960 (-9%) 21mo $265,000 $276 47
11300 Pinemist Rd 0.56mi 3/1.0 1,008 (-4%) 24mo $245,000 $243 44
10746 W Providence Rd 0.73mi 3/1.0 1,018 (-4%) 21mo $180,000 $177 40

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 · 2.29% rent growth · sell at horizon

5-year hold
IRR
-19.3%
Equity multiple
0.33×
Total profit
$-59,228
Equity at exit
$46,968
10-year hold
IRR
-13.5%
Equity multiple
0.24×
Total profit
$-66,993
Equity at exit
$27,235

Cash invested: $88,200 (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.

ZIP-level market 23112

Rents YoY
2.3%
Active inventory
495
Price-to-rent
11.1×

Monthly cashflow live

Estimated rent
$2,361 high interval (Pro) →
Mortgage (P&I)
$1,652
Tax from tax record
$182 /mo · $2,189/yr
Insurance
$131
HOA
$0
Vacancy / Maint / Mgmt
$496
Net cashflow
$-101

Break-even live

Break-even rent $2,488
Max offer price $297,205
Occupancy floor 99%

Sensitivity live

Price -10% $78 -5% $-12 +0% $-101 +5% $-190 +10% $-279
Rent -10% $-287 -5% $-194 +0% $-101 +5% $-7 +10% $86
Rate -1.0pp $58 -0.5pp $-21 base $-101 +0.5pp $-182 +1.0pp $-265

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
$78,750
Closing costs
$9,450
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2900 Clintwood Rd Midlothian, VA 3.0 2.0 1500 $2,225 $1.48 22d 1 0.51mi
3310 Old Courthouse Rd North Chesterfield, VA 1.0–3.0 1.0–2.0 880 $2,408 $2.74 5d 9 0.74mi
2003 Bethany Ridge Ter North Chesterfield, VA 2.0 1.0 794 $1,650 $2.08 5d 1 0.91mi
3225 Hollyglen Ct Midlothian, VA 3.0 2.0 1274 $2,125 $1.67 25d 1 0.95mi
2350 Scenic Lake Dr Midlothian, VA 1.0–3.0 1.0–2.5 1255 $3,210 $2.56 3d 37 1.39mi

Listing history 17 events

  1. 2026-05-14
    status Pending
  2. 2026-05-12
    listed $315,000 Active
  3. 2023-05-03
    soldstatus $290,000
  4. 2023-05-02
    soldstatus $290,000 Closed 606-char remark
    Show marketing remark (606 chars)

    Welcome to 11112 Puckett Place! Conveniently located, this 3 bedroom, 1.5 bath Rancher sits on a . 30 acre private lot. Walk in the front door to large family room with lots of natural light. Spacious eat in kitchen with plenty of cabinet space for storage, granite countertops and stainless steel appliances. On the opposite side of the house you will find 3 nice sized bedrooms. Freshly painted, updated bathrooms, new water heater and gutters. Enjoy outdoor entertaining and relaxing on the large deck overlooking large rear yard. Located minutes from shopping, restaurants, grocery stores and highways!

  5. 2023-03-30
    status Pending 606-char remark
    Show marketing remark (606 chars)

    Welcome to 11112 Puckett Place! Conveniently located, this 3 bedroom, 1.5 bath Rancher sits on a . 30 acre private lot. Walk in the front door to large family room with lots of natural light. Spacious eat in kitchen with plenty of cabinet space for storage, granite countertops and stainless steel appliances. On the opposite side of the house you will find 3 nice sized bedrooms. Freshly painted, updated bathrooms, new water heater and gutters. Enjoy outdoor entertaining and relaxing on the large deck overlooking large rear yard. Located minutes from shopping, restaurants, grocery stores and highways!

  6. 2023-03-29
    price $289,900 606-char remark
    Show marketing remark (606 chars)

    Welcome to 11112 Puckett Place! Conveniently located, this 3 bedroom, 1.5 bath Rancher sits on a . 30 acre private lot. Walk in the front door to large family room with lots of natural light. Spacious eat in kitchen with plenty of cabinet space for storage, granite countertops and stainless steel appliances. On the opposite side of the house you will find 3 nice sized bedrooms. Freshly painted, updated bathrooms, new water heater and gutters. Enjoy outdoor entertaining and relaxing on the large deck overlooking large rear yard. Located minutes from shopping, restaurants, grocery stores and highways!

  7. 2023-03-24
    listed $292,000 Active 606-char remark
    Show marketing remark (606 chars)

    Welcome to 11112 Puckett Place! Conveniently located, this 3 bedroom, 1.5 bath Rancher sits on a . 30 acre private lot. Walk in the front door to large family room with lots of natural light. Spacious eat in kitchen with plenty of cabinet space for storage, granite countertops and stainless steel appliances. On the opposite side of the house you will find 3 nice sized bedrooms. Freshly painted, updated bathrooms, new water heater and gutters. Enjoy outdoor entertaining and relaxing on the large deck overlooking large rear yard. Located minutes from shopping, restaurants, grocery stores and highways!

  8. 2019-11-18
    soldstatus $192,000
  9. 2019-11-15
    soldstatus $192,000 Closed 478-char remark
    Show marketing remark (478 chars)

    Gorgeous home all one on level in Midlothian with 3 bedrooms, 1.5 renovated bathrooms, large living room and large deck in the private back yard. Renovated kitchen features white cabinets, New luxurious granite counter tops and all beautiful stainless steel appliances! Both bathrooms are nicely updated. Gorgeous & new luxury plank flooring installed throughout, stylish new lighting and fresh paint! Large deck and nicely landscaped yard in a great Midlothian location.

  10. 2019-10-15
    status Pending 478-char remark
    Show marketing remark (478 chars)

    Gorgeous home all one on level in Midlothian with 3 bedrooms, 1.5 renovated bathrooms, large living room and large deck in the private back yard. Renovated kitchen features white cabinets, New luxurious granite counter tops and all beautiful stainless steel appliances! Both bathrooms are nicely updated. Gorgeous & new luxury plank flooring installed throughout, stylish new lighting and fresh paint! Large deck and nicely landscaped yard in a great Midlothian location.

  11. 2019-10-11
    listed $185,000 Active 478-char remark
    Show marketing remark (478 chars)

    Gorgeous home all one on level in Midlothian with 3 bedrooms, 1.5 renovated bathrooms, large living room and large deck in the private back yard. Renovated kitchen features white cabinets, New luxurious granite counter tops and all beautiful stainless steel appliances! Both bathrooms are nicely updated. Gorgeous & new luxury plank flooring installed throughout, stylish new lighting and fresh paint! Large deck and nicely landscaped yard in a great Midlothian location.

  12. 2014-05-27
    soldstatus $76,000
  13. 2014-03-28
    historical
  14. 2014-03-22
    listed $80,000
  15. 2000-01-07
    soldstatus $72,500
  16. 1991-10-17
    soldstatus $60,411
  17. 1986-07-02
    soldstatus $51,950

ⓘ 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
$2,189 · $182/mo
Projected year-2 tax
$2,583 · $215/mo
Expected delta
+$394/yr (+$33/mo · 18.0%)

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

Climate risk First Street

  • 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$28,327
− Mortgage interest
−$17,645
− Property taxes
−$2,189
− Insurance
−$1,575
− Repairs & maintenance
−$2,266
− Management
−$2,266
− Depreciation
−$9,164
Taxable loss
−$6,778
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,627
After-tax cash flow
$418/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
Chesterfield County Public School District
NCES district ID
5100840
Math proficiency
52% ▼ -30.00%
Reading proficiency
64% ▼ -15.00%
Median HH income
$72,821
Composite
51.56/100
National rank
#1712
State rank
#57 of 131 in VA

Livability — Rockwood

Score
77/100
State rank
#86
US rank
#2803

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Chesterfield County · 406,988 people
Metro
Richmond, VA
Population (ZIP)
57,016
Household income
$116,465
Rent vs Own
19.4% rent · 80.6% own
Severe rent burden
897.0

Population outlook (Chesterfield County) Hauer SSP2

Today (2025)
377,190 people
By 2030
395,710 · +4.9%
By 2040
427,694 · +13.4%
By 2050
452,706 · +20.0%
By 2075
505,533 · +34.0%
By 2100
521,282 · +38.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (70%)
Race & ethnicity
White 70% Black 14% Two or more races 7% Hispanic / Latino 6% Asian 4%
Hispanic origin (detail)
Mexican 1% Puerto Rican 2%
Common ancestry
Lithuanian 4% Italian 4% Romanian 2%
Foreign-born
7% · Canada, China, Jamaica
Languages at home
91% English-only · Spanish 4% Other Indo-European 1% Arabic 1%

Political lean MEDSL · Chesterfield

2024 margin
Lean D (+9.0) · D 53.8% · R 44.8% · Other 1.4%
2008→2024 swing
+16.4pp toward D · 2008: -7.5pp · 2024: 9.0pp
All cycles
2024: D+9.0 2020: D+6.7 2016: R+2.2 2012: R+7.1 2008: R+7.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -224.87%
Current HPI
277.4841
Rent YoY
▲ 2.29%
Metro
Richmond, VA
State GDP YoY
▲ 2.40%
F500 in state
50

Industry mix (Fortune 500 HQ in VA)

Industry F500 HQs Revenue

Price history

+506.4% since first listed
17 events — show timeline
  • 2026-05-14 Pending CVRMLS
  • 2026-05-12 Listed $315,000 CVRMLS
  • 2023-05-03 Sold (Public Records) $290,000 Public Records
  • 2023-05-02 Sold (MLS) $290,000 CVRMLS
  • 2023-03-30 Pending CVRMLS
  • 2023-03-29 Price Changed $289,900 CVRMLS
  • 2023-03-24 Listed $292,000 CVRMLS
  • 2019-11-18 Sold (Public Records) $192,000 Public Records
  • 2019-11-15 Sold (MLS) $192,000 CVRMLS
  • 2019-10-15 Pending CVRMLS
  • 2019-10-11 Listed $185,000 CVRMLS
  • 2014-05-27 Sold (MLS) $76,000 CVRMLS
  • 2014-03-28 Listing Removed CVRMLS
  • 2014-03-22 Listed $80,000 CVRMLS
  • 2000-01-07 Sold (Public Records) $72,500 Public Records
  • 1991-10-17 Sold (Public Records) $60,411 Public Records
  • 1986-07-02 Sold (Public Records) $51,950 Public Records

Property tax history

+5.9%/yr

Latest (2025): $2,189 · -0.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…