1104 80th St · Newport News, VA 23605

$208,000

3 bd · 1.0 ba · 1,152 sqft · SingleFamily public records · 15 Days on market

Built 1955 7,405 sqft lot Est $258k · 19% under

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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).

• ARV discount +15.0/15.0
• Cash flow +11.8/30.0
• Rent growth +4.7/5.0
• Schools +3.8/10.0
• Livability +3.8/5.0
• DSCR +3.5/10.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 1104 80th Street, a charming 3-bedroom, 1-bathroom Ranch nestled in a highly convenient Newport News location! This property is bursting with potential, featuring beautiful original hardwood floors hiding under the carpet - a perfect weekend project to easily build instant equity and bring classic character to your new space. Step out into the fenced backyard to discover a fantastic barn-style workshop/shed, offering incredible bonus room for a dedicated hobby area, extra storage, or a creative studio. Combining unbeatable neighborhood convenience with fantastic hidden treasures, this home is a must-see opportunity just waiting for your personal touch! Conveniently located minutes from the Shipyard, shopping, dining, public transportation and the interstate

Key facts

• Barn-style workshop
• Fenced backyard
• 7,405 sq ft lot

Tags

• ORIGINAL HARDWOOD FLOORS
• FENCED BACKYARD
• BARN-STYLE WORKSHOP

Property features AI

Exterior

• Parking: Driveway parking spaces
• Utilities: City/County water; City/County sewer; Electric water heater
• Home design: Detached single-family home; Ranch style; Single-story; Level flooring (accessible); Crawl foundation; City view
• Construction: Asphalt shingle/composite roof
• Exterior features: Vinyl siding; Back yard fenced; Detached workshop

Interior

• Kitchen: Electric range; Refrigerator; Breakfast area
• Bedrooms: First-floor master bedroom; At least one bedroom with ensuite
• Flooring: Ceramic; Vinyl; Wood
• Bathrooms: One full bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Ceiling fan; Pull-down attic stairs
• Laundry & utility: Washer hookup; Dryer hookup; 220V electric outlet; Utility room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $208k.

Deal economics

• At list price, monthly cash flow is $-58 ($-693/yr) — negative.
• To cash-flow at today's rent, offer at most $198k (4.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $169k (18.5% below list).
• Recommended offer: $169k (18.5% below list) — sets the bar for 1% rule.
• Cap rate 6.0% 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); 42 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 38% 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 $1k of loan paydown is wiped out by about $6k 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

• It's been on market 15 days — a 2% lower offer ($205k) is reasonable based on typical stale-listing flexibility.
• 3 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 $70k; list at $208k implies a 197% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 80% 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 $169,448 (18.5% 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. 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 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?
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.81% ✗
• Cap rate: 5.96%
• Cash-on-cash: -1.19%
• DSCR: 0.95
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $258,048
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4827 81st St	0.05mi	4/1.0 (+1)	1,153 (+0%)	1mo	$263,900	$229	92
1008 80th St	0.10mi	3/1.0	1,121 (-3%)	2mo	$122,000	$109	89
5007 81st St	0.24mi	3/2.0	1,140 (-1%)	6mo	$269,900	$237	78
5111 81st St	0.38mi	3/1.0	1,062 (-8%)	4mo	$180,000	$169	66
1207 77th St	0.28mi	3/2.0	1,036 (-10%)	3mo	$250,000	$241	64
1123 75th St	0.29mi	3/1.0	983 (-15%)	2mo	$210,000	$214	61
233 Martha Lee Dr	0.42mi	4/1.0 (+1)	981 (-15%)	4mo	$219,900	$224	48
8513 Orcutt Ave	0.69mi	3/1.0	1,282 (+11%)	3mo	$259,900	$203	47
225 Cellardoor Ct	0.49mi	4/2.0 (+1)	1,303 (+13%)	4mo	$272,250	$209	43
633 Brewer St	0.68mi	3/2.0	1,300 (+13%)	2mo	$255,000	$196	42
214 Cellardoor Ct	0.52mi	4/2.0 (+1)	1,308 (+14%)	4mo	$320,000	$245	40
5004 Arony St	0.75mi	4/2.0 (+1)	1,250 (+8%)	4mo	$285,000	$228	39

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: -13.0%
• Equity multiple: 0.51×
• Total profit: $-28,428
• Equity at exit: $31,013

10-year hold

• IRR: 2.2%
• Equity multiple: 1.19×
• Total profit: $11,269
• Equity at exit: $17,984

Cash invested: $58,240 (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: 42
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,694 high
• Mortgage (P&I): −$1,091
• Tax from tax record: −$219 /mo · $2,627/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$356
• Net cashflow: $-58

Break-even live

Break-even rent $1,768

Max offer price $197,798

Occupancy floor 98%

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: $52,000
• Closing costs: $6,240
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1112 74th St Newport News, VA	3.0	1.0	928	$1,500	$1.62	21d	1	0.32mi
314 Martha Lee Dr Hampton, VA	3.0	2.0	1210	$2,200	$1.82	24d	1	0.59mi
634 72nd St Newport News, VA	2.0	1.0	736	$1,100	$1.49	24d	1	0.66mi
6010 Jefferson Ave Newport News, VA	2.0	1.0	900	$1,245	$1.38	44d	2	0.66mi
5014 Hazelwood Rd Newport News, VA	3.0	1.0	955	$1,900	$1.99	2d	1	0.69mi
620 73rd St Newport News, VA	3.0	2.0	1203	$1,900	$1.58	2d	1	0.69mi
321 Big Bethel Rd Hampton, VA	3.0	1.0	1400	$2,300	$1.64	12d	1	0.75mi
602 74th St Newport News, VA	2.0	1.0	950	$1,080	$1.14	24d	1	0.78mi
624 Sterling St Newport News, VA	2.0	1.0	821	$1,500	$1.83	17d	1	0.79mi
6206 Hilmar Pl Newport News, VA	2.0	1.0	975	$995	$1.02	44d	1	0.81mi
346 Sitka Ct Hampton, VA	3.0	1.5	1210	$1,675	$1.38	24d	1	0.87mi
1115 Briarfield Rd Newport News, VA	1.0–2.0	1.0–2.0	1007	$1,351	$1.34	24d	1	0.88mi
37 Pennwood Dr Hampton, VA	3.0	2.0	1156	$1,795	$1.55	24d	1	0.98mi
604 Big Bethel Rd Hampton, VA	3.0	1.5	1139	$2,300	$2.02	44d	1	1.00mi
1600 Pennwood Dr Hampton, VA	2.0	1.0	881	$1,350	$1.53	44d	6	1.08mi
902 W Russell Ct Newport News, VA	3.0	1.0	984	$1,450	$1.47	44d	1	1.17mi
606 Randolph Rd Newport News, VA	3.0	1.0	989	$1,475	$1.49	44d	1	1.27mi
116 Tyler Ave Unit 1A Newport News, VA	2.0	1.0	950	$1,075	$1.13	44d	1	1.41mi
1587 Briarfield Rd Hampton, VA	2.0–3.0	1.5–2.0	985	$1,495	$1.52	2d	9	1.41mi
7 W Lewis Rd Hampton, VA	3.0	2.0	1208	$2,425	$2.01	21d	1	1.47mi

Listing history 12 events

1. 2026-06-07
   statusdays on market $208,000 Under Contract 15 DOM
2. 2026-06-03
   days on market $208,000 Active Under Contract 13 DOM
3. 2026-06-02
   statusdays on market $208,000 Active Under Contract 12 DOM
4. 2026-06-01
   days on market $208,000 Active 11 DOM
5. 2026-05-31
   days on market $208,000 Active 10 DOM
6. 2026-05-22
   price $208,000 778-char remark

   Show marketing remark (778 chars)

   Welcome to 1104 80th Street, a charming 3-bedroom, 1-bathroom Ranch nestled in a highly convenient Newport News location! This property is bursting with potential, featuring beautiful original hardwood floors hiding under the carpet - a perfect weekend project to easily build instant equity and bring classic character to your new space. Step out into the fenced backyard to discover a fantastic barn-style workshop/shed, offering incredible bonus room for a dedicated hobby area, extra storage, or a creative studio. Combining unbeatable neighborhood convenience with fantastic hidden treasures, this home is a must-see opportunity just waiting for your personal touch! Conveniently located minutes from the Shipyard, shopping, dining, public transportation and the interstate

7. 2026-05-21
   listed $210,200 Active 778-char remark

   Show marketing remark (778 chars)

   Welcome to 1104 80th Street, a charming 3-bedroom, 1-bathroom Ranch nestled in a highly convenient Newport News location! This property is bursting with potential, featuring beautiful original hardwood floors hiding under the carpet - a perfect weekend project to easily build instant equity and bring classic character to your new space. Step out into the fenced backyard to discover a fantastic barn-style workshop/shed, offering incredible bonus room for a dedicated hobby area, extra storage, or a creative studio. Combining unbeatable neighborhood convenience with fantastic hidden treasures, this home is a must-see opportunity just waiting for your personal touch! Conveniently located minutes from the Shipyard, shopping, dining, public transportation and the interstate

8. 2026-05-21
   listed $208,000 Active

   Show marketing remark (778 chars)

   Welcome to 1104 80th Street, a charming 3-bedroom, 1-bathroom Ranch nestled in a highly convenient Newport News location! This property is bursting with potential, featuring beautiful original hardwood floors hiding under the carpet - a perfect weekend project to easily build instant equity and bring classic character to your new space. Step out into the fenced backyard to discover a fantastic barn-style workshop/shed, offering incredible bonus room for a dedicated hobby area, extra storage, or a creative studio. Combining unbeatable neighborhood convenience with fantastic hidden treasures, this home is a must-see opportunity just waiting for your personal touch! Conveniently located minutes from the Shipyard, shopping, dining, public transportation and the interstate

9. 2026-05-21
   listed $208,000 Active 778-char remark

   Show marketing remark (778 chars)

   Welcome to 1104 80th Street, a charming 3-bedroom, 1-bathroom Ranch nestled in a highly convenient Newport News location! This property is bursting with potential, featuring beautiful original hardwood floors hiding under the carpet - a perfect weekend project to easily build instant equity and bring classic character to your new space. Step out into the fenced backyard to discover a fantastic barn-style workshop/shed, offering incredible bonus room for a dedicated hobby area, extra storage, or a creative studio. Combining unbeatable neighborhood convenience with fantastic hidden treasures, this home is a must-see opportunity just waiting for your personal touch! Conveniently located minutes from the Shipyard, shopping, dining, public transportation and the interstate

10. 2000-10-17
    soldstatus $69,994
11. 1989-10-05
    soldstatus $68,700
12. 1971-12-28
    soldstatus $23,500

ⓘ 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: $2,627 · $219/mo
• Projected year-2 tax: $2,627 · $219/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 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 16 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: $20,334
• − Mortgage interest: −$11,651
• − Property taxes: −$2,627
• − Insurance: −$1,040
• − Repairs & maintenance: −$1,627
• − Management: −$1,627
• − Depreciation: −$6,051
• Taxable loss: −$4,289
• Est. tax savings @ 24.0%: +$1,029
• After-tax cash flow: $336/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

+785.1% since first listed

7 events — show timeline

• 2026-05-22 Price Changed $208,000 WMLS
• 2026-05-21 Listed $208,000 CBRAR
• 2026-05-21 Listed $208,000 REINMLS
• 2026-05-21 Listed $210,200 WMLS
• 2000-10-17 Sold (Public Records) $69,994 Public Records
• 1989-10-05 Sold (Public Records) $68,700 Public Records
• 1971-12-28 Sold (Public Records) $23,500 Public Records

Property tax history

+4.1%/yr

Latest (2026): $2,627 · +9.7% YoY. Source: county tax records.