1714 Floyd St · Lynchburg, VA 24501

$160,000

3 bd · 1.0 ba · 1,186 sqft · SingleFamily public records · 98 Days on market

Built 1907 9,853 sqft lot $135/sqft · 34% above area Est $172k · 7% 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 +17.4/30.0
• ARV discount +10.6/15.0
• DSCR +5.4/10.0
• Livability +4.5/5.0
• Schools +4.0/10.0
• 1% rule +3.8/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Attention investors! Add immediate, hassle-free cash flow to your portfolio with this perfectly updated, turn-key single-family rental at 1714 Floyd St. This property is already generating solid income with tenants in place paying $1,300 a month on a steady lease secured through November 2026. You can start collecting rent from day one with absolutely zero deferred maintenance to worry about, as the home has been recently refreshed from top to bottom. Recent capital improvements include plush new carpet, updated appliances, secure new exterior doors, and multiple replaced windows to ensure great energy efficiency. The bathrooms have also been tastefully modernized with brand-new vanities and toilets. Don't miss this rare opportunity to acquire a fully updated, income-producing asset where all the hard work and tenant placement has already been done for you. Add this reliable performer to your investment portfolio today!

Key facts

• Updated appliances
• Replaced windows
• New toilets

Tags

• UPDATED APPLIANCES
• NEW EXTERIOR DOORS
• REPLACED WINDOWS
• MODERNIZED BATHROOMS
• NEW VANITIES
• NEW TOILETS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $121 ($1k/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 $141k (11.7% below list).
• Recommended offer: $141k (11.7% below list) — sets the bar for 1% rule.
• Cap rate 7.2% 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: Rents rising (+1.1%/yr); 216 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 472 units permitted in Lynchburg city in 2024 (240 in 5+ unit buildings).
• This rent runs 40% of the median local income ($42k/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.
• 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 98 days — a 9% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 7y 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 $95k; list at $160k implies a 68% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1907 — 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 $141,322 (11.7% below list)

Questions for the listing agent

1. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1907 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.88% ✗
• Cap rate: 7.20%
• Cash-on-cash: 3.24%
• DSCR: 1.14
• GRM: 9.4

CMA / ARV

• ARV (median comp): $171,921
• List price: $160,000
• Delta: -6.93%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1417 Floyd St	0.20mi	3/2.0	1,120 (-6%)	1mo	$203,500	$182	76
1114 Knight St	0.19mi	3/2.0	1,085 (-8%)	0mo	$43,600	$40	73
1113 18th St	0.14mi	3/2.0	1,283 (+8%)	4mo	$54,500	$42	72
1310 9th St St	0.58mi	3/1.5	1,138 (-4%)	2mo	$185,000	$163	63
1930 Vine Street St	0.42mi	3/2.0	1,110 (-6%)	5mo	$112,000	$101	61
2228 High St	0.63mi	2/1.0 (-1)	1,233 (+4%)	2mo	$21,500	$17	57
1900 Park Ave	0.67mi	3/1.5	1,244 (+5%)	3mo	$172,000	$138	56
906 8th Street St	0.70mi	3/1.5	1,132 (-5%)	4mo	$135,000	$119	54
2013 Poplar St	0.46mi	3/2.5	1,040 (-12%)	4mo	$176,000	$169	49
1303 Tilden Ave	0.64mi	3/2.0	1,040 (-12%)	3mo	$200,000	$192	43
2346 Aragon St	0.68mi	2/1.0 (-1)	1,048 (-12%)	3mo	$139,000	$133	41
811 Polk St	0.67mi	4/1.0 (+1)	1,036 (-13%)	2mo	$149,000	$144	41

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 · 1.15% rent growth · sell at horizon

5-year hold

• IRR: -13.1%
• Equity multiple: 0.53×
• Total profit: $-20,842
• Equity at exit: $23,857

10-year hold

• IRR: -7.1%
• Equity multiple: 0.58×
• Total profit: $-18,618
• Equity at exit: $13,834

Cash invested: $44,800 (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 24501

• Rents YoY: 1.1%
• Active inventory: 216
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,413 high
• Mortgage (P&I): −$839
• Tax from tax record: −$90 /mo · $1,075/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $121

Break-even live

Break-even rent $1,260

Max offer price $160,000

Occupancy floor 86%

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1308 16th St Lynchburg, VA	3.0	2.0	1380	$1,800	$1.30	13d	1	0.08mi
1521 Taylor St Lynchburg, VA	3.0	1.0	1337	$1,195	$0.89	21d	1	0.14mi
1415 Floyd St Lynchburg, VA	3.0	2.0	1300	$1,800	$1.38	21d	1	0.20mi
1219 Pierce St Unit 1221 Lynchburg, VA	2.0	1.0	1168	$825	$0.71	13d	1	0.35mi
1810 Laurel St Lynchburg, VA	2.0	1.0	720	$995	$1.38	43d	1	0.35mi
1401 Kemper St Lynchburg, VA	2.0–3.0	2.0	1118	$1,167	$1.04	21d	6	0.40mi
1105 Fillmore St Unit B Lynchburg, VA	3.0	1.0	1300	$1,250	$0.96	43d	1	0.43mi
1106 Pierce St Lynchburg, VA	3.0	2.0	1018	$875	$0.86	21d	1	0.43mi
900 Polk St Unit A Lynchburg, VA	3.0	1.0	1100	$895	$0.81	13d	1	0.62mi
2269 Aragon St Lynchburg, VA	3.0	2.0	1200	$1,695	$1.41	43d	1	0.65mi
1008 8th St Lynchburg, VA	3.0	2.0	1316	$1,795	$1.36	21d	1	0.67mi
2336 Aragon St Lynchburg, VA	2.0	1.0	1042	$995	$0.95	13d	1	0.67mi
1500 Main St Lynchburg, VA	1.0–2.0	1.0	1182	$1,600	$1.35	13d	6	0.74mi
2518 Carter St Lynchburg, VA	3.0	2.0	1091	$1,500	$1.37	43d	1	0.80mi
1625 Shaffer St Lynchburg, VA	2.0	1.0	895	$850	$0.95	43d	1	0.81mi
601 Jackson St Lynchburg, VA	3.0	2.0	1138	$1,595	$1.40	43d	1	0.82mi
2107 Park Ave Unit 4 Lynchburg, VA	2.0	1.0	800	$785	$0.98	13d	1	0.84mi
2205 Easley Ave Lynchburg, VA	2.0	2.0	870	$1,400	$1.61	43d	1	0.86mi
512 Polk St Lynchburg, VA	3.0	1.0	1340	$1,295	$0.97	21d	1	0.86mi
403 Grove St Lynchburg, VA	3.0	2.0	1400	$1,600	$1.14	43d	1	0.88mi
2021 Rose Ln Lynchburg, VA	2.0	1.0	836	$1,095	$1.31	21d	1	0.91mi
801 Church St Unit 8 Lynchburg, VA	2.0	2.0	875	$1,850	$2.11	13d	1	0.91mi
317 Grove St Unit A Lynchburg, VA	2.0	1.0	900	$895	$0.99	43d	1	0.91mi
2734 Fort Ave Lynchburg, VA	1.0–2.0	1.0–2.0	875	$1,450	$1.66	43d	1	0.92mi
318 Wadsworth St Lynchburg, VA	3.0	1.0	943	$995	$1.06	21d	1	0.93mi
905 Centerdale St Lynchburg, VA	2.0	1.0	780	$895	$1.15	13d	1	0.97mi
317 Polk St Lynchburg, VA	3.0	2.0	925	$1,650	$1.78	43d	1	0.97mi
630 Park Ln Lynchburg, VA	4.0	1.5	1434	$1,895	$1.32	13d	1	0.99mi
612 Commerce St Lynchburg, VA	1.0–2.0	1.0–2.0	716	$1,250	$1.74	13d	2	1.09mi
216 Kenyon St Lynchburg, VA	2.0	1.0	1114	$995	$0.89	43d	1	1.10mi
209 Munford St Lynchburg, VA	3.0	2.5	1420	$1,497	$1.05	44d	1	1.10mi
1705 1st St Unit A Lynchburg, VA	2.0	1.0	1100	$1,395	$1.27	21d	1	1.15mi
2210 Haden St Lynchburg, VA	2.0	1.0	784	$1,050	$1.34	43d	1	1.28mi
803 Mansfield Ave Lynchburg, VA	2.0	1.0	900	$1,300	$1.44	21d	1	1.32mi
2205 Mayflower Dr Lynchburg, VA	3.0	1.0	1500	$1,450	$0.97	21d	1	1.40mi
106 Yeardley Ave Unit B Lynchburg, VA	3.0	1.0	1060	$895	$0.84	21d	1	1.41mi
2920 Richmond St Lynchburg, VA	4.0	1.0	1472	$1,695	$1.15	21d	1	1.45mi
507 Victoria Ave Unit 507 Lynchburg, VA	4.0	2.0	1480	$1,700	$1.15	21d	1	1.48mi

Listing history 29 events

1. 2026-06-19
   days on market $160,000 Active 98 DOM
2. 2026-06-18
   days on market $160,000 Active 97 DOM
3. 2026-06-17
   days on market $160,000 Active 96 DOM
4. 2026-06-16
   days on market $160,000 Active 95 DOM
5. 2026-06-15
   days on market $160,000 Active 94 DOM
6. 2026-06-14
   days on market $160,000 Active 92 DOM
7. 2026-06-13
   days on market $160,000 Active 91 DOM
8. 2026-06-10
   days on market $160,000 Active 89 DOM
9. 2026-06-09
   days on market $160,000 Active 88 DOM
10. 2026-06-08
    days on market $160,000 Active 87 DOM
11. 2026-06-07
    days on market $160,000 Active 86 DOM
12. 2026-06-03
    days on market $160,000 Active 82 DOM
13. 2026-06-02
    days on market $160,000 Active 81 DOM
14. 2026-06-01
    days on market $160,000 Active 80 DOM
15. 2026-05-31
    days on market $160,000 Active 79 DOM
16. 2026-05-30
    days on market $160,000 Active 78 DOM
17. 2026-03-12
    listed $160,000 Active 933-char remark

    Show marketing remark (933 chars)

    Attention investors! Add immediate, hassle-free cash flow to your portfolio with this perfectly updated, turn-key single-family rental at 1714 Floyd St. This property is already generating solid income with tenants in place paying $1,300 a month on a steady lease secured through November 2026. You can start collecting rent from day one with absolutely zero deferred maintenance to worry about, as the home has been recently refreshed from top to bottom. Recent capital improvements include plush new carpet, updated appliances, secure new exterior doors, and multiple replaced windows to ensure great energy efficiency. The bathrooms have also been tastefully modernized with brand-new vanities and toilets. Don't miss this rare opportunity to acquire a fully updated, income-producing asset where all the hard work and tenant placement has already been done for you. Add this reliable performer to your investment portfolio today!

18. 2025-11-16
    historical $1,295
19. 2025-09-16
    listed $1,295
20. 2023-03-10
    soldstatus $95,000
21. 2023-03-09
    soldstatus $95,000 Closed 260-char remark

    Show marketing remark (260 chars)

    Close to downtown at an affordable price! The primary suite is on the second story with two bedrooms and a full bath on the main floor. Plenty of storage space in the unfinished basement. The house's major systems have all been updated and it is move-in ready!

22. 2023-02-08
    status Pending 260-char remark

    Show marketing remark (260 chars)

    Close to downtown at an affordable price! The primary suite is on the second story with two bedrooms and a full bath on the main floor. Plenty of storage space in the unfinished basement. The house's major systems have all been updated and it is move-in ready!

23. 2023-01-24
    price $115,000 260-char remark

    Show marketing remark (260 chars)

    Close to downtown at an affordable price! The primary suite is on the second story with two bedrooms and a full bath on the main floor. Plenty of storage space in the unfinished basement. The house's major systems have all been updated and it is move-in ready!

24. 2022-12-06
    price $119,900 260-char remark

    Show marketing remark (260 chars)

    Close to downtown at an affordable price! The primary suite is on the second story with two bedrooms and a full bath on the main floor. Plenty of storage space in the unfinished basement. The house's major systems have all been updated and it is move-in ready!

25. 2022-10-31
    listed $121,500 Active 260-char remark

    Show marketing remark (260 chars)

    Close to downtown at an affordable price! The primary suite is on the second story with two bedrooms and a full bath on the main floor. Plenty of storage space in the unfinished basement. The house's major systems have all been updated and it is move-in ready!

26. 2020-08-21
    soldstatus $86,900
27. 2020-08-18
    soldstatus $86,900
28. 2019-12-11
    listed $84,900
29. 2019-04-26
    listed $99,900

ⓘ 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: $1,075 · $90/mo
• Projected year-2 tax: $1,312 · $109/mo
• Expected delta: +$237/yr (+$20/mo · 22.0%)

ⓘ 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 2/10 Low
• 🌡 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: $16,959
• − Mortgage interest: −$8,962
• − Property taxes: −$1,075
• − Insurance: −$800
• − Repairs & maintenance: −$1,357
• − Management: −$1,357
• − Depreciation: −$4,655
• Taxable loss: −$1,247
• Est. tax savings @ 24.0%: +$299
• After-tax cash flow: $1,753/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): 25,006
• Household income: $42,222
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 1717.0

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 0.55)
• Race & ethnicity: White 58% Black 34% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Slovak 1% Italian 1% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 2%

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: ▼ -131.06%
• Current HPI: 223.6839
• Rent YoY: ▲ 1.15%
• 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

+60.2% since first listed

13 events — show timeline

• 2026-03-12 Listed $160,000 LMLS
• 2025-11-16 Rental Removed $1,295 SHOWMOJO
• 2025-09-16 Listed for Rent $1,295 SHOWMOJO
• 2023-03-10 Sold (Public Records) $95,000 Public Records
• 2023-03-09 Sold (MLS) $95,000 LMLS
• 2023-02-08 Pending — LMLS
• 2023-01-24 Price Changed $115,000 LMLS
• 2022-12-06 Price Changed $119,900 LMLS
• 2022-10-31 Listed $121,500 LMLS
• 2020-08-21 Sold (MLS) $86,900 LMLS
• 2020-08-18 Sold (Public Records) $86,900 Public Records
• 2019-12-11 Listed $84,900 LMLS
• 2019-04-26 Listed $99,900 LMLS

Property tax history

+24.7%/yr

Latest (2025): $1,075 · +16.2% YoY. Source: county tax records.