202 N Juniper Ave · Highland Springs, VA 23075

$178,000

3 bd · 1.0 ba · 1,088 sqft · SingleFamily public records · 32 Days on market

Built 1934 Est $267k · 33% 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 +19.7/30.0
• ARV discount +15.0/15.0
• DSCR +6.2/10.0
• Schools +4.9/10.0
• 1% rule +4.8/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Back on the market, no fault of seller, Buyer's funding failed. Move in ready. Complete remodel. $0 Zero down gets you in with VHDA Plus grant or VA loans. Maintenance free exterior, with new windows, siding and roof. Kitchen, baths, den and hall have solid surface floors, and large bedrooms are brand new carpet. Comes with washer & dryer, Refrigerator, dishwasher and stove. New flooring throughout and new HVAC. Excellent location, only minutes from I-64 and I-295. Priced way below area comps for fast sale. Investors welcome, turnkey ready, great rental potential.

Key facts

• Custom full bath
• Ceramic tile tub
• Huge backyard

Tags

• RANCH STYLE HOME
• EAT-IN KITCHEN
• CUSTOM FULL BATH
• CERAMIC TILE TUB
• HUGE BACKYARD
• VINYL SIDING

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-story home
• Construction: Frame construction with vinyl siding; Shingle roof; Actual year built
• Exterior features: Resale condition

Interior

• Kitchen: Kitchen on the first level
• Bedrooms: Two additional bedrooms on the first level; One third bedroom on the first level
• Bathrooms: One full bathroom with tub and shower on the first level
• Heating & cooling: Heat pump for heating; Heat pump cooling
• Interior features: Total of 5 rooms; Foyer; Living room
• Laundry & utility: Laundry room on the first level

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $178k.

Deal economics

• At list price, monthly cash flow is $208 ($2k/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 $175k (1.7% below list).
• Recommended offer: $173k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.7% vs local median 5.1% in Highland Springs — 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 72/100 on livability (#196 in VA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, amenities F, health & safety F.
• Henrico County Public School District (suburban): math 49% / reading 64% proficiency, ranked #68 of 131 in VA (top 52%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 63 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 1,826 units permitted in Henrico County in 2024 (785 in 5+ unit buildings).
• This rent runs 38% of the median local income ($56k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Henrico County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($173k) is reasonable based on typical stale-listing flexibility.
• 19 sale attempts since 24y 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

• Watch-outs: built in 1934 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% 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 $172,660 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 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 1934 — 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. 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.
5. 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.
6. 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: 7.69%
• Cash-on-cash: 5.00%
• DSCR: 1.22
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $266,560
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
215 N Kalmia Ave	0.10mi	3/1.0	1,084 (-0%)	0mo	$180,700	$167	94
204 N Grove Ave	0.17mi	3/1.5	1,081 (-1%)	0mo	$215,000	$199	89
213 N Elm Ave	0.25mi	3/1.0	1,076 (-1%)	2mo	$261,000	$243	84
118 N Linden Ave	0.15mi	3/1.5	1,040 (-4%)	2mo	$266,400	$256	82
10 W Washington St	0.21mi	3/1.5	1,120 (+3%)	2mo	$249,950	$223	82
133 N Grove	0.14mi	3/1.5	1,178 (+8%)	1mo	$289,000	$245	76
115 N Elm Ave	0.27mi	3/1.0	1,024 (-6%)	2mo	$265,000	$259	76
16 N Juniper Ave	0.24mi	2/1.0 (-1)	980 (-10%)	1mo	$241,000	$246	66
110 N Kalmia Ave	0.15mi	2/1.0 (-1)	1,236 (+14%)	1mo	$200,000	$162	64
127 N Cedar Ave	0.34mi	3/1.0	960 (-12%)	1mo	$265,000	$276	64
508 E Read St	0.52mi	4/1.0 (+1)	1,152 (+6%)	1mo	$225,000	$195	60
125 N Ash Ave	0.43mi	3/1.0	955 (-12%)	1mo	$255,000	$267	59

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: -8.5%
• Equity multiple: 0.69×
• Total profit: $-15,624
• Equity at exit: $26,540

10-year hold

• IRR: 1.0%
• Equity multiple: 1.07×
• Total profit: $3,397
• Equity at exit: $15,390

Cash invested: $49,840 (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 23075

• Home prices YoY: -13.6%
• Active inventory: 63
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,750 high
• Mortgage (P&I): −$933
• Tax from tax record: −$167 /mo · $2,004/yr
• Insurance: −$74
• HOA: −$0
• Vacancy / Maint / Mgmt: −$367
• Net cashflow: $208

Break-even live

Break-even rent $1,487

Max offer price $178,000

Occupancy floor 83%

Sensitivity live

Price	-10% $308	-5% $258	+0% $208	+5% $157	+10% $107
Rent	-10% $69	-5% $139	+0% $208	+5% $277	+10% $346
Rate	-1.0pp $297	-0.5pp $253	base $208	+0.5pp $162	+1.0pp $115

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: $44,500
• Closing costs: $5,340
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
117 N Ivy Ave Henrico, VA	3.0	1.0	980	$1,590	$1.62	4d	1	0.08mi
118 N Linden Ave Henrico, VA	3.0	1.5	1080	$1,795	$1.66	45d	1	0.15mi
132 N Elm Ave Henrico, VA	3.0	1.0	840	$1,629	$1.94	45d	1	0.25mi
239 N Mapleleaf Ave Henrico, VA	3.0	1.0	980	$1,750	$1.79	25d	1	0.29mi
205 Bridge St Henrico, VA	3.0	2.0	1242	$1,850	$1.49	11d	1	0.45mi
901 E 9 Mile Rd Unit a Highland Springs, VA	2.0	1.0	800	$1,312	$1.64	22d	1	0.54mi
1000 E Washington St Henrico, VA	2.0	1.0	888	$2,000	$2.25	4d	1	0.60mi
1005 W Nine Mile Rd Unit J Henrico, VA	2.0	1.0	783	$1,395	$1.78	25d	1	0.76mi
1005 W Nine Mile Rd Henrico, VA	2.0	1.0	783	$1,345	$1.72	45d	1	0.77mi
339 E Jerald St Henrico, VA	3.0	1.5	1160	$1,950	$1.68	45d	1	1.02mi
419 Roxana Rd Henrico, VA	3.0	1.5	1085	$2,050	$1.89	4d	1	1.08mi
5951 Tiger Lily Ln Richmond, VA	2.0–3.0	2.0	1080	$1,592	$1.47	3d	12	1.15mi
120 Barker Ave Richmond, VA	3.0	1.0	1064	$1,597	$1.50	4d	1	1.19mi

Listing history 50 events

1. 2026-06-21
   days on market $178,000 Active 32 DOM
2. 2026-06-18
   days on market $178,000 Active 29 DOM
3. 2026-06-17
   days on market $178,000 Active 28 DOM
4. 2026-06-16
   statusdays on market $178,000 Active 27 DOM
5. 2026-04-30
   status Pending
6. 2026-04-03
   listed $178,000 Active
7. 2021-08-31
   soldstatus $190,000
8. 2018-05-21
   soldstatus $117,000
9. 2018-05-18
   soldstatus $117,000 Closed 576-char remark

   Show marketing remark (576 chars)

   Back on the market, no fault of seller, Buyer's funding failed. Move in ready. Complete remodel. $0 Zero down gets you in with VHDA Plus grant or VA loans. Maintenance free exterior, with new windows, siding and roof. Kitchen, baths, den and hall have solid surface floors, and large bedrooms are brand new carpet. Comes with washer & dryer, Refrigerator, dishwasher and stove. New flooring throughout and new HVAC. Excellent location, only minutes from I-64 and I-295. Priced way below area comps for fast sale. Investors welcome, turnkey ready, great rental potential.

10. 2018-03-30
    status Pending 576-char remark

    Show marketing remark (576 chars)

    Back on the market, no fault of seller, Buyer's funding failed. Move in ready. Complete remodel. $0 Zero down gets you in with VHDA Plus grant or VA loans. Maintenance free exterior, with new windows, siding and roof. Kitchen, baths, den and hall have solid surface floors, and large bedrooms are brand new carpet. Comes with washer & dryer, Refrigerator, dishwasher and stove. New flooring throughout and new HVAC. Excellent location, only minutes from I-64 and I-295. Priced way below area comps for fast sale. Investors welcome, turnkey ready, great rental potential.

11. 2018-03-21
    status Active 576-char remark

    Show marketing remark (576 chars)

    Back on the market, no fault of seller, Buyer's funding failed. Move in ready. Complete remodel. $0 Zero down gets you in with VHDA Plus grant or VA loans. Maintenance free exterior, with new windows, siding and roof. Kitchen, baths, den and hall have solid surface floors, and large bedrooms are brand new carpet. Comes with washer & dryer, Refrigerator, dishwasher and stove. New flooring throughout and new HVAC. Excellent location, only minutes from I-64 and I-295. Priced way below area comps for fast sale. Investors welcome, turnkey ready, great rental potential.

12. 2018-03-08
    status Pending 576-char remark

    Show marketing remark (576 chars)

    Back on the market, no fault of seller, Buyer's funding failed. Move in ready. Complete remodel. $0 Zero down gets you in with VHDA Plus grant or VA loans. Maintenance free exterior, with new windows, siding and roof. Kitchen, baths, den and hall have solid surface floors, and large bedrooms are brand new carpet. Comes with washer & dryer, Refrigerator, dishwasher and stove. New flooring throughout and new HVAC. Excellent location, only minutes from I-64 and I-295. Priced way below area comps for fast sale. Investors welcome, turnkey ready, great rental potential.

13. 2018-03-05
    listed $114,950 Active 576-char remark

    Show marketing remark (576 chars)

    Back on the market, no fault of seller, Buyer's funding failed. Move in ready. Complete remodel. $0 Zero down gets you in with VHDA Plus grant or VA loans. Maintenance free exterior, with new windows, siding and roof. Kitchen, baths, den and hall have solid surface floors, and large bedrooms are brand new carpet. Comes with washer & dryer, Refrigerator, dishwasher and stove. New flooring throughout and new HVAC. Excellent location, only minutes from I-64 and I-295. Priced way below area comps for fast sale. Investors welcome, turnkey ready, great rental potential.

14. 2018-03-05
    historical

    Show marketing remark (576 chars)

    Back on the market, no fault of seller, Buyer's funding failed. Move in ready. Complete remodel. $0 Zero down gets you in with VHDA Plus grant or VA loans. Maintenance free exterior, with new windows, siding and roof. Kitchen, baths, den and hall have solid surface floors, and large bedrooms are brand new carpet. Comes with washer & dryer, Refrigerator, dishwasher and stove. New flooring throughout and new HVAC. Excellent location, only minutes from I-64 and I-295. Priced way below area comps for fast sale. Investors welcome, turnkey ready, great rental potential.

15. 2018-02-19
    listed $119,950 Active
16. 2018-02-18
    historical
17. 2018-01-12
    price $119,900
18. 2017-12-15
    price $126,900
19. 2017-11-10
    price $129,900
20. 2017-11-02
    status Active
21. 2017-10-09
    historical
22. 2017-10-09
    listed $139,900 Active
23. 2017-09-11
    soldstatus $48,000
24. 2013-01-10
    historical
25. 2012-10-10
    listed $37,000
26. 2012-07-24
    soldstatus $21,950
27. 2012-07-12
    historical
28. 2012-04-17
    listed $45,000
29. 2012-01-24
    historical
30. 2011-02-09
    listed $120,000
31. 2010-01-04
    historical
32. 2009-10-15
    historical
33. 2007-10-14
    listed $157,000
34. 2007-10-14
    listed $157,000
35. 2007-06-12
    soldstatus $135,000
36. 2007-05-29
    soldstatus $135,000
37. 2007-05-29
    soldstatus $135,000
38. 2007-02-07
    listed $138,950
39. 2007-02-07
    listed $138,950
40. 2003-12-15
    soldstatus $71,600
41. 2003-12-12
    soldstatus $71,500
42. 2003-12-12
    soldstatus $71,500
43. 2003-11-26
    listed $71,500
44. 2003-11-26
    listed $71,500
45. 2003-10-28
    historical
46. 2003-04-29
    historical
47. 2003-04-28
    listed $71,000
48. 2003-04-28
    listed $71,000
49. 2002-09-26
    soldstatus $27,500
50. 2002-08-28
    listed $39,900

ⓘ 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: $2,004 · $167/mo
• Projected year-2 tax: $2,004 · $167/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 8/10 Severe 7 d/yr ≥106°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,997
• − Mortgage interest: −$9,971
• − Property taxes: −$2,004
• − Insurance: −$890
• − Repairs & maintenance: −$1,680
• − Management: −$1,680
• − Depreciation: −$5,178
• Taxable loss: −$405
• Est. tax savings @ 24.0%: +$97
• After-tax cash flow: $2,590/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: Henrico County Public School District
• NCES district ID: 5101890
• Math proficiency: 49% ▼ -32.00%
• Reading proficiency: 64% ▼ -12.00%
• Median HH income: $61,854
• Composite: 49.25/100
• National rank: #2031
• State rank: #68 of 131 in VA

Livability — Highland Springs

• Score: 72/100
• State rank: #196
• US rank: #6085

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Highland Springs, VA
• County: Henrico County · 334,490 people
• City population: 8,347
• Metro: Richmond, VA
• Population (ZIP): 8,347
• Household income: $55,567
• Rent vs Own: 35.3% rent · 64.7% own
• Severe rent burden: 283.0

Population outlook (Henrico County) Hauer SSP2

• Today (2025): 365,885 people
• By 2030: 384,255 · +5.0%
• By 2040: 416,688 · +13.9%
• By 2050: 442,376 · +20.9%
• By 2075: 488,037 · +33.4%
• By 2100: 487,430 · +33.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (62%)
• Race & ethnicity: Black 62% White 29% Two or more races 6% Hispanic / Latino 2%
• Common ancestry: Slovak 2% Lithuanian 1% Romanian 1%
• Foreign-born: 7% · Canada
• Languages at home: 97% English-only · French/Haitian/Cajun 2% Spanish 1%

Political lean MEDSL · Henrico

• 2024 margin: Strong D (+28.9) · D 63.7% · R 34.8% · Other 1.5%
• 2008→2024 swing: +16.6pp toward D · 2008: 12.2pp · 2024: 28.9pp
• All cycles: 2024: D+28.9 2020: D+29.0 2016: D+21.0 2012: D+11.7 2008: D+12.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -72.15%
• Current HPI: 458.732
• Rent YoY: —
• Metro: Richmond, 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

+346.1% since first listed

47 events — show timeline

• 2026-04-30 Pending — CVRMLS
• 2026-04-03 Listed $178,000 CVRMLS
• 2021-08-31 Sold (Public Records) $190,000 Public Records
• 2018-05-21 Sold (Public Records) $117,000 Public Records
• 2018-05-18 Sold (MLS) $117,000 CVRMLS
• 2018-03-30 Pending — CVRMLS
• 2018-03-21 Relisted — CVRMLS
• 2018-03-08 Pending — CVRMLS
• 2018-03-05 Listing Removed — CVRMLS
• 2018-03-05 Listed $114,950 CVRMLS
• 2018-02-19 Listed $119,950 CVRMLS
• 2018-02-18 Listing Removed — CVRMLS
• 2018-01-12 Price Changed $119,900 CVRMLS
• 2017-12-15 Price Changed $126,900 CVRMLS
• 2017-11-10 Price Changed $129,900 CVRMLS
• 2017-11-02 Relisted — CVRMLS
• 2017-10-09 Listing Removed — CVRMLS
• 2017-10-09 Listed $139,900 CVRMLS
• 2017-09-11 Sold (Public Records) $48,000 Public Records
• 2013-01-10 Listing Removed — CVRMLS
• 2012-10-10 Listed $37,000 CVRMLS
• 2012-07-24 Sold (MLS) $21,950 CVRMLS
• 2012-07-12 Listing Removed — CVRMLS
• 2012-04-17 Listed $45,000 CVRMLS
• 2012-01-24 Listing Removed — CVRMLS
• 2011-02-09 Listed $120,000 CVRMLS
• 2010-01-04 Listing Removed — CVRMLS
• 2009-10-15 Listing Removed — CVRMLS
• 2007-10-14 Listed $157,000 CVRMLS
• 2007-10-14 Listed $157,000 CVRMLS
• 2007-06-12 Sold (Public Records) $135,000 Public Records
• 2007-05-29 Sold (MLS) $135,000 CVRMLS
• 2007-05-29 Sold (MLS) $135,000 CVRMLS
• 2007-02-07 Listed $138,950 CVRMLS
• 2007-02-07 Listed $138,950 CVRMLS
• 2003-12-15 Sold (Public Records) $71,600 Public Records
• 2003-12-12 Sold (MLS) $71,500 CVRMLS
• 2003-12-12 Sold (MLS) $71,500 CVRMLS
• 2003-11-26 Listed $71,500 CVRMLS
• 2003-11-26 Listed $71,500 CVRMLS
• 2003-10-28 Listing Removed — CVRMLS
• 2003-04-29 Listing Removed — CVRMLS
• 2003-04-28 Listed $71,000 CVRMLS
• 2003-04-28 Listed $71,000 CVRMLS
• 2002-09-26 Sold (MLS) $27,500 CVRMLS
• 2002-08-28 Listed $39,900 CVRMLS
• 2002-08-28 Listed $39,900 CVRMLS

Property tax history

+8.1%/yr

Latest (2025): $2,004 · +9.0% YoY. Source: county tax records.