151 Breckenbridge St · Lynchburg, VA 24501

$99,999

2 bd · 1.0 ba · 835 sqft · SingleFamily public records · 1 Days on market

Built 1952 6,098 sqft lot Est $168k · 40% under

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Why this score? — see what drove the B 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 +27.1/30.0
• ARV discount +15.0/15.0
• DSCR +9.4/10.0
• 1% rule +6.7/10.0
• Livability +4.5/5.0
• Schools +4.0/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Calling all investors, flippers, and savvy buyers! This 2-bedroom, 1-bath home offers a fantastic opportunity to add value with a little TLC. Situated on a slab foundation, this property features convenient one-level living and plenty of potential for renovation and customization. Its prime location near several colleges, universities, and major medical facilities makes it an attractive option for long-term rental income, student housing, traveling healthcare professionals, or a starter home for an owner-occupant willing to put in some work. With strong demand for housing in the area, this property presents an excellent opportunity to build equity and generate future returns. Whether you're

Key facts

• Slab foundation
• One-level living
• Prime location

Tags

• SLAB FOUNDATION
• ONE-LEVEL LIVING
• PRIME LOCATION
• LONG-TERM RENTAL INCOME
• INCOME-PRODUCING POTENTIAL

Property features AI

Exterior

• Home design: Built in 1952
• Construction: Living area approximately 835
• Exterior features: Located in the Lynchburg College subdivision

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $218 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Cap rate 9.7% 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: Rents rising (+1.1%/yr); 216 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 472 units permitted in Lynchburg city in 2024 (240 in 5+ unit buildings).
• This rent runs 33% 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 $691 of loan paydown is wiped out by about $3k 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

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $72k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $99,999

Questions for the listing agent

1. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 1.17% ✓
• Cap rate: 9.70%
• Cash-on-cash: 12.18%
• DSCR: 1.54
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $167,835
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
209 College Dr	0.06mi	3/1.0 (+1)	853 (+2%)	3mo	$154,900	$182	86
3400 College Dr	0.11mi	2/1.0	802 (-4%)	6mo	$169,900	$212	83
623 Hood St	0.20mi	2/1.0	775 (-7%)	9mo	$143,000	$185	71
3211 Richmond St	0.25mi	2/1.0	755 (-10%)	2mo	$179,900	$238	70
490 Oakley Ave	0.40mi	2/1.0	896 (+7%)	7mo	$155,000	$173	64
1200 Brandon Rd	0.69mi	2/1.0	846 (+1%)	6mo	$169,900	$201	61
3508 Joel St	0.52mi	2/1.0	786 (-6%)	8mo	$190,000	$242	59
411 Newberne St	0.39mi	2/2.0	927 (+11%)	2mo	$200,000	$216	57
612 Thomas Rd	0.60mi	2/1.0	742 (-11%)	2mo	$105,000	$142	52
1012 N Grand Ave	0.69mi	2/1.0	884 (+6%)	8mo	$149,900	$170	52
718 Kenbridge Rd	0.73mi	2/1.0	742 (-11%)	3mo	$176,696	$238	45
701 Mansfield Ave	0.67mi	3/2.0 (+1)	910 (+9%)	5mo	$182,000	$200	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 · 1.15% rent growth · sell at horizon

5-year hold

• IRR: -4.3%
• Equity multiple: 0.84×
• Total profit: $-4,445
• Equity at exit: $14,910

10-year hold

• IRR: 3.1%
• Equity multiple: 1.20×
• Total profit: $5,639
• Equity at exit: $8,646

Cash invested: $28,000 (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: 7.1×

Monthly cashflow live

• Estimated rent: $1,172 high
• Mortgage (P&I): −$524
• Tax from tax record: −$75 /mo · $906/yr
• Insurance: −$42
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$246
• Net cashflow: $218

Break-even live

Break-even rent $896

Max offer price $99,999

Occupancy floor 76%

Sensitivity live

Price	-10% $274	-5% $246	+0% $218	+5% $190	+10% $161
Rent	-10% $125	-5% $172	+0% $218	+5% $264	+10% $310
Rate	-1.0pp $268	-0.5pp $243	base $218	+0.5pp $192	+1.0pp $166

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
202 Macon St Lynchburg, VA	2.0	1.0	645	$1,195	$1.85	44d	1	0.12mi
540 Monticello Ave Unit B Lynchburg, VA	2.0	1.0	900	$995	$1.11	21d	1	0.26mi
106 Yeardley Ave Unit B Lynchburg, VA	3.0	1.0	1060	$895	$0.84	21d	1	0.54mi
1218 Shirley Rd Lynchburg, VA	2.0	1.0	742	$950	$1.28	21d	1	0.62mi
803 Mansfield Ave Lynchburg, VA	2.0	1.0	900	$1,300	$1.44	21d	1	0.69mi
216 Kenyon St Lynchburg, VA	2.0	1.0	1114	$995	$0.89	44d	1	0.74mi
2121 Langhorne Rd Unit 1103756SF 1BR/1BA Lynchburg, VA	1.0	1.0	756	$1,225	$1.62	21d	1	0.75mi
2121 Langhorne Rd Unit 11041092SF 2BR/2BA Lynchburg, VA	2.0	2.0	1092	$1,495	$1.37	21d	1	0.75mi
2245 Landover Pl Lynchburg, VA	1.0–3.0	1.0–1.5	925	$870	$0.94	44d	2	0.77mi
2121 Langhorne Rd Lynchburg, VA	1.0	1.0	983	$1,475	$1.50	44d	1	0.78mi
905 Centerdale St Lynchburg, VA	2.0	1.0	780	$895	$1.15	14d	1	0.86mi
318 Wadsworth St Lynchburg, VA	3.0	1.0	943	$995	$1.06	21d	1	0.89mi
317 Grove St Unit A Lynchburg, VA	2.0	1.0	900	$895	$0.99	44d	1	0.91mi
2734 Fort Ave Lynchburg, VA	1.0–2.0	1.0–2.0	875	$1,450	$1.66	44d	1	0.96mi
4067 Fort Ave Unit 3 Lynchburg, VA	2.0	1.0	950	$995	$1.05	21d	1	0.98mi
4300 Tremont St Lynchburg, VA	3.0	1.0	1122	$1,200	$1.07	44d	1	1.02mi
4647 Ferncliff Dr Lynchburg, VA	2.0	2.0	1034	$1,800	$1.74	44d	1	1.02mi
2107 Park Ave Unit 4 Lynchburg, VA	2.0	1.0	800	$785	$0.98	14d	1	1.03mi
2021 Rose Ln Lynchburg, VA	2.0	1.0	836	$1,095	$1.31	21d	1	1.07mi
4607 Fairmont Ave Lynchburg, VA	3.0	1.0	1001	$1,650	$1.65	21d	1	1.07mi
1625 Shaffer St Lynchburg, VA	2.0	1.0	895	$850	$0.95	44d	1	1.19mi
1320 Saint Cloud Ave Lynchburg, VA	3.0	1.0	960	$1,550	$1.61	45d	1	1.19mi
1400 Weeping Willow Dr Apt A Lynchburg, VA	1.0–3.0	1.0–2.0	1003	$1,286	$1.28	14d	12	1.22mi
1705 1st St Unit A Lynchburg, VA	2.0	1.0	1100	$1,395	$1.27	21d	1	1.25mi
2336 Aragon St Lynchburg, VA	2.0	1.0	1042	$995	$0.95	14d	1	1.31mi
1401 Kemper St Lynchburg, VA	2.0–3.0	2.0	1118	$707	$0.63	21d	6	1.42mi
1009 Lindsay St Lynchburg, VA	3.0	2.0	1050	$1,800	$1.71	44d	1	1.43mi

Listing history 15 events

1. 2026-06-13
   remarks 699-char remark
2. 2026-06-13
   pricestatusdays on marketlisting id $99,999 Pending 1 DOM
3. 2026-06-10
   days on market $147,000 Active 15 DOM
4. 2026-06-09
   days on market $147,000 Active 14 DOM
5. 2026-06-08
   days on market $147,000 Active 13 DOM
6. 2026-06-07
   days on market $147,000 Active 12 DOM
7. 2026-06-03
   days on market $147,000 Active 8 DOM
8. 2026-06-02
   days on market $147,000 Active 7 DOM
9. 2026-06-01
   days on market $147,000 Active 6 DOM
10. 2026-05-31
    days on market $147,000 Active 5 DOM
11. 2026-05-30
    days on market $147,000 Active 4 DOM
12. 2026-05-26
    listed $147,000 Active
13. 2019-07-24
    soldstatus $72,500
14. 1979-08-09
    soldstatus $29,900
15. 1953-01-10
    soldstatus $8,500

ⓘ 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: $906 · $75/mo
• Projected year-2 tax: $906 · $75/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 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥102°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% 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: $14,063
• − Mortgage interest: −$5,601
• − Property taxes: −$906
• − Insurance: −$1,297
• − Repairs & maintenance: −$1,125
• − Management: −$1,125
• − Depreciation: −$2,909
• Taxable income: $1,099
• Est. tax owed @ 24.0%: −$264
• After-tax cash flow: $2,350/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

+1629.4% since first listed

4 events — show timeline

• 2026-05-26 Listed $147,000 FSBO.com
• 2019-07-24 Sold (Public Records) $72,500 Public Records
• 1979-08-09 Sold (Public Records) $29,900 Public Records
• 1953-01-10 Sold (Public Records) $8,500 Public Records

Property tax history

+2.3%/yr

Latest (2025): $906 · +7.2% YoY. Source: county tax records.