1572 Ivy Branch Dr · Montvale, VA 24064

$115,000

2 bd · 2.0 ba · 924 sqft · SingleFamily · 117 Days on market

Built 1987 2.12 ac lot ↓ 8% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.5/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Enjoy peaceful living with this updated singlewide mobile home situated on over 2 spacious acres. Recent updates include paint and flooring. Whether you're looking for a quiet retreat, investment opportunity or affordable home with land, this property offers the perfect blend of value and space. Home sold ''as-is'', no repairs to be made by seller. Inspections welcome for purchaser's information only.

Key facts

• Recent updates
• Affordable home
• Over 2 acres

Tags

• OVER 2 ACRES
• RECENT UPDATES
• INVESTMENT OPPORTUNITY
• AFFORDABLE HOME

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $648 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $105k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#225 in VA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, employment D, amenities F.
• Bedford County Public School District (rural): math 55% / reading 73% proficiency, ranked #41 of 131 in VA (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 43 active listings in the ZIP; 294 units permitted in Bedford County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Bedford County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 117 days — a 9% lower offer ($105k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $104,650 (9.0% below list)

Questions for the listing agent

1. It's been on market 117 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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: 1.59% ✓
• Cap rate: 13.05%
• Cash-on-cash: 24.14%
• DSCR: 2.07
• GRM: 5.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.4%
• Equity multiple: 1.70×
• Total profit: $22,655
• Equity at exit: $17,147

10-year hold

• IRR: 25.9%
• Equity multiple: 3.27×
• Total profit: $72,971
• Equity at exit: $9,943

Cash invested: $32,200 (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.

Methodology + full state rankings →

ZIP-level market 24064

• Active inventory: 43
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,826 medium
• Mortgage (P&I): −$603
• Tax est. 1.5%: −$144 /mo · $1,725/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $648

Break-even live

Break-even rent $1,006

Max offer price $115,000

Occupancy floor 60%

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-19
   days on market $115,000 Active 117 DOM
2. 2026-06-18
   days on market $115,000 Active 116 DOM
3. 2026-06-17
   days on market $115,000 Active 115 DOM
4. 2026-06-16
   days on market $115,000 Active 114 DOM
5. 2026-06-15
   days on market $115,000 Active 113 DOM
6. 2026-06-14
   days on market $115,000 Active 111 DOM
7. 2026-06-13
   days on market $115,000 Active 110 DOM
8. 2026-06-10
   days on market $115,000 Active 108 DOM
9. 2026-06-09
   days on market $115,000 Active 107 DOM
10. 2026-06-08
    days on market $115,000 Active 106 DOM
11. 2026-06-07
    days on market $115,000 Active 105 DOM
12. 2026-06-05
    days on market $115,000 Active 102 DOM
13. 2026-06-03
    days on market $115,000 Active 101 DOM
14. 2026-06-02
    days on market $115,000 Active 100 DOM
15. 2026-06-01
    days on market $115,000 Active 99 DOM
16. 2026-05-31
    days on market $115,000 Active 98 DOM
17. 2026-05-30
    days on market $115,000 Active 97 DOM
18. 2026-04-21
    price $120,000 404-char remark

    Show marketing remark (404 chars)

    Enjoy peaceful living with this updated singlewide mobile home situated on over 2 spacious acres. Recent updates include paint and flooring. Whether you're looking for a quiet retreat, investment opportunity or affordable home with land, this property offers the perfect blend of value and space. Home sold ''as-is'', no repairs to be made by seller. Inspections welcome for purchaser's information only.

19. 2026-03-16
    price $124,500 404-char remark

    Show marketing remark (404 chars)

    Enjoy peaceful living with this updated singlewide mobile home situated on over 2 spacious acres. Recent updates include paint and flooring. Whether you're looking for a quiet retreat, investment opportunity or affordable home with land, this property offers the perfect blend of value and space. Home sold ''as-is'', no repairs to be made by seller. Inspections welcome for purchaser's information only.

20. 2026-02-20
    listed $129,950 Active 404-char remark

    Show marketing remark (404 chars)

    Enjoy peaceful living with this updated singlewide mobile home situated on over 2 spacious acres. Recent updates include paint and flooring. Whether you're looking for a quiet retreat, investment opportunity or affordable home with land, this property offers the perfect blend of value and space. Home sold ''as-is'', no repairs to be made by seller. Inspections welcome for purchaser's information only.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥100°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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,913
• − Mortgage interest: −$6,442
• − Property taxes: −$1,725
• − Insurance: −$575
• − Repairs & maintenance: −$1,753
• − Management: −$1,753
• − Depreciation: −$3,345
• Taxable income: $6,320
• Est. tax owed @ 24.0%: −$1,517
• After-tax cash flow: $6,258/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: Bedford County Public School District
• NCES district ID: 5100360
• Math proficiency: 55% ▼ -29.00%
• Reading proficiency: 73% ▼ -7.00%
• Median HH income: $56,288
• Composite: 54.92/100
• National rank: #1310
• State rank: #41 of 131 in VA

Livability — Montvale

• Score: 70/100
• State rank: #225
• US rank: #7450

Category grades

Amenities F Commute F 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

• Population (ZIP): 5,226

Population outlook (Bedford County) Hauer SSP2

• Today (2025): 83,194 people
• By 2030: 85,499 · +2.8%
• By 2040: 88,834 · +6.8%
• By 2050: 90,060 · +8.3%
• By 2075: 94,131 · +13.1%
• By 2100: 89,832 · +8.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 7% Hispanic / Latino 3% Black 2% Asian 1%
• Common ancestry: Romanian 3% Iranian 3% Serbian 2%
• Foreign-born: 3% · Canada, Vietnam, South Korea
• Languages at home: 97% English-only · Spanish 2% French/Haitian/Cajun 1%

Political lean MEDSL · Bedford

• 2024 margin: Solid R (+50.4) · D 24.4% · R 74.8%
• 2008→2024 swing: -13.0pp toward R · 2008: -37.4pp · 2024: -50.4pp
• All cycles: 2024: R+50.4 2020: R+48.1 2016: R+49.4 2012: R+45.0 2008: R+37.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -90.90%
• Current HPI: 160.6289
• Rent YoY: —
• Metro: —
• 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

-7.7% since first listed

3 events — show timeline

• 2026-04-21 Price Changed $120,000 MLSRV
• 2026-03-16 Price Changed $124,500 MLSRV
• 2026-02-20 Listed $129,950 MLSRV

Property tax history

+3.7%/yr

Latest (2025): $171 · +0.0% YoY. Source: county tax records.