330 Dudley St · Danville, VA 24540

$119,900

2 bd · 1.0 ba · 1,792 sqft · SingleFamily public records · 76 Days on market

Built 1930 8,712 sqft lot $67/sqft · 13% below area Est $131k · 8% 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 +21.9/30.0
• ARV discount +11.2/15.0
• DSCR +7.0/10.0
• 1% rule +4.5/10.0
• Livability +3.9/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cute home, 2 bedrooms, 1 bathroom, dining room, side deck on the main level. Family room, laundry room, and bedroom in the basement.

Key facts

• Laundry room
• Side deck
• Family room

Tags

• DINING ROOM
• SIDE DECK
• FAMILY ROOM
• LAUNDRY ROOM

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $132 ($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 $114k (4.6% below list).
• Recommended offer: $113k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 5.3% in Danville — 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 77/100 on livability (#91 in VA, #2,952 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities D+, crime D-, commute F.
• Danville City Public School District (town): math 30% / reading 44% proficiency, ranked #128 of 131 in VA (top 98%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 211 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 54 units permitted in Danville city in 2024 (40 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Danville County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 76 days — a 6% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y 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: flood insurance adds $56/mo; built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $112,706 (6.0% below list)

Questions for the listing agent

1. It's been on market 76 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. Crime grade is D 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?
8. 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.
9. 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.
10. 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: 0.95% ✗
• Cap rate: 8.17%
• Cash-on-cash: 6.71%
• DSCR: 1.30
• GRM: 8.7

CMA / ARV

• ARV (median comp): $130,545
• List price: $119,900
• Delta: -8.15%
• 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
208 Westhampton Ave	0.33mi	2/2.0	1,875 (+5%)	7mo	$240,000	$128	67
468 Avondale Dr	0.29mi	3/2.0 (+1)	1,766 (-2%)	17mo	$225,000	$127	61
5 Selma Ave	0.61mi	3/1.0 (+1)	1,824 (+2%)	5mo	$95,000	$52	59
509 W Main St	0.47mi	3/1.5 (+1)	1,850 (+3%)	14mo	$133,000	$72	54
182 Westhampton Ave	0.36mi	3/2.0 (+1)	1,650 (-8%)	10mo	$185,000	$112	52
332 Virginia Ave	0.26mi	3/1.0 (+1)	2,016 (+12%)	19mo	$190,000	$94	46
181 Bell Dr	0.69mi	3/3.0 (+1)	1,716 (-4%)	4mo	$143,000	$83	45
125 Hughes St	0.26mi	3/1.0 (+1)	1,540 (-14%)	19mo	$70,000	$45	44
217 Floral Ave	0.29mi	3/2.0 (+1)	1,540 (-14%)	13mo	$132,900	$86	43
145 College Ave	0.43mi	3/2.5 (+1)	2,016 (+12%)	6mo	$370,000	$184	43
212 Montague St	0.48mi	3/1.0 (+1)	1,548 (-14%)	12mo	$149,000	$96	40
113 Canterbury Dr	0.73mi	3/2.5 (+1)	2,046 (+14%)	10mo	$250,000	$122	23

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: -9.0%
• Equity multiple: 0.67×
• Total profit: $-11,022
• Equity at exit: $17,877

10-year hold

• IRR: 0.5%
• Equity multiple: 1.04×
• Total profit: $1,178
• Equity at exit: $10,367

Cash invested: $33,572 (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 24540

• Home prices YoY: -20.0%
• Active inventory: 211
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,144 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$37 /mo · $449/yr
• Insurance: −$50
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$240
• Net cashflow: $132

Break-even live

Break-even rent $977

Max offer price $119,900

Occupancy floor 83%

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
240 Lady Astor Pl Unit 241-3 Danville, VA	2.0	2.0	1246	$1,130	$0.91	43d	1	0.89mi
240 Lady Astor Pl Unit 241-10 Danville, VA	2.0	1.5	1246	$1,100	$0.88	43d	1	0.89mi
717 Temple Ave Danville, VA	3.0	1.5	1327	$1,179	$0.89	43d	1	1.25mi

Listing history 30 events

1. 2026-06-19
   days on market $119,900 Active 76 DOM
2. 2026-06-18
   days on market $119,900 Active 75 DOM
3. 2026-06-17
   days on market $119,900 Active 74 DOM
4. 2026-06-16
   days on market $119,900 Active 73 DOM
5. 2026-06-15
   days on market $119,900 Active 72 DOM
6. 2026-06-14
   days on market $119,900 Active 70 DOM
7. 2026-06-13
   days on market $119,900 Active 69 DOM
8. 2026-06-10
   days on market $119,900 Active 67 DOM
9. 2026-06-09
   days on market $119,900 Active 66 DOM
10. 2026-06-08
    days on market $119,900 Active 65 DOM
11. 2026-06-07
    days on market $119,900 Active 64 DOM
12. 2026-06-05
    days on market $119,900 Active 61 DOM
13. 2026-06-02
    days on market $119,900 Active 59 DOM
14. 2026-06-01
    days on market $119,900 Active 58 DOM
15. 2026-05-31
    days on market $119,900 Active 57 DOM
16. 2026-05-30
    days on market $119,900 Active 56 DOM
17. 2026-04-05
    listed $125,000 Active 132-char remark

    Show marketing remark (132 chars)

    Cute home, 2 bedrooms, 1 bathroom, dining room, side deck on the main level. Family room, laundry room, and bedroom in the basement.

18. 2025-04-22
    soldstatus $106,300
19. 2025-04-18
    soldstatus $106,300 Closed 403-char remark

    Show marketing remark (403 chars)

    This charming 2-bedroom, 1-bathroom single-family home in Danville has been beautifully updated. The newly renovated bathroom features a tiled shower, adding a modern touch. The home also boasts fresh interior paint and new flooring throughout. Enjoy outdoor living with a newly built back deck, perfect for relaxation. This home offers a cozy and inviting space with all the recent updates you'll love.

20. 2025-04-18
    soldstatus $106,300 Closed

    Show marketing remark (403 chars)

    This charming 2-bedroom, 1-bathroom single-family home in Danville has been beautifully updated. The newly renovated bathroom features a tiled shower, adding a modern touch. The home also boasts fresh interior paint and new flooring throughout. Enjoy outdoor living with a newly built back deck, perfect for relaxation. This home offers a cozy and inviting space with all the recent updates you'll love.

21. 2025-03-01
    historical $1,000
22. 2025-03-01
    status Pending
23. 2025-02-18
    listed $1,000
24. 2025-01-28
    price $109,900 403-char remark

    Show marketing remark (403 chars)

    This charming 2-bedroom, 1-bathroom single-family home in Danville has been beautifully updated. The newly renovated bathroom features a tiled shower, adding a modern touch. The home also boasts fresh interior paint and new flooring throughout. Enjoy outdoor living with a newly built back deck, perfect for relaxation. This home offers a cozy and inviting space with all the recent updates you'll love.

25. 2025-01-28
    price $109,900

    Show marketing remark (403 chars)

    This charming 2-bedroom, 1-bathroom single-family home in Danville has been beautifully updated. The newly renovated bathroom features a tiled shower, adding a modern touch. The home also boasts fresh interior paint and new flooring throughout. Enjoy outdoor living with a newly built back deck, perfect for relaxation. This home offers a cozy and inviting space with all the recent updates you'll love.

26. 2025-01-14
    price $114,900 403-char remark

    Show marketing remark (403 chars)

    This charming 2-bedroom, 1-bathroom single-family home in Danville has been beautifully updated. The newly renovated bathroom features a tiled shower, adding a modern touch. The home also boasts fresh interior paint and new flooring throughout. Enjoy outdoor living with a newly built back deck, perfect for relaxation. This home offers a cozy and inviting space with all the recent updates you'll love.

27. 2025-01-14
    price $114,900

    Show marketing remark (403 chars)

    This charming 2-bedroom, 1-bathroom single-family home in Danville has been beautifully updated. The newly renovated bathroom features a tiled shower, adding a modern touch. The home also boasts fresh interior paint and new flooring throughout. Enjoy outdoor living with a newly built back deck, perfect for relaxation. This home offers a cozy and inviting space with all the recent updates you'll love.

28. 2024-12-18
    listed $119,900 Active 403-char remark

    Show marketing remark (403 chars)

    This charming 2-bedroom, 1-bathroom single-family home in Danville has been beautifully updated. The newly renovated bathroom features a tiled shower, adding a modern touch. The home also boasts fresh interior paint and new flooring throughout. Enjoy outdoor living with a newly built back deck, perfect for relaxation. This home offers a cozy and inviting space with all the recent updates you'll love.

29. 2024-12-16
    listed $119,900 Active
30. 1998-03-02
    soldstatus $20,000

ⓘ 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: $449 · $37/mo
• Projected year-2 tax: $983 · $82/mo
• Expected delta: +$534/yr (+$45/mo · 119.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% 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: $13,731
• − Mortgage interest: −$6,716
• − Property taxes: −$449
• − Insurance: −$1,266
• − Repairs & maintenance: −$1,098
• − Management: −$1,098
• − Depreciation: −$3,488
• Taxable loss: −$385
• Est. tax savings @ 24.0%: +$92
• After-tax cash flow: $1,680/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: Danville City Public School District
• NCES district ID: 5101110
• Math proficiency: 30% ▼ -22.00%
• Reading proficiency: 44% ▼ -8.00%
• Median HH income: $31,952
• Composite: 30.23/100
• National rank: #6298
• State rank: #128 of 131 in VA

Livability — Danville

• Score: 77/100
• State rank: #91
• US rank: #2952

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Danville, VA
• County: Danville City · 59,055 people
• City population: 59,055
• Metro: Danville, VA
• Population (ZIP): 31,013
• Household income: $47,924
• Rent vs Own: 40.4% rent · 59.6% own
• Severe rent burden: 1170.0

Population outlook (Danville County) Hauer SSP2

• Today (2025): 40,989 people
• By 2030: 40,432 · -1.4%
• By 2040: 39,255 · -4.2%
• By 2050: 38,035 · -7.2%
• By 2075: 35,612 · -13.1%
• By 2100: 30,365 · -25.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 50% Black 42% Two or more races 5% Hispanic / Latino 4%
• Common ancestry: Slovak 1% Lithuanian 1% Serbian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Danville

• 2024 margin: Strong D (+21.1) · D 60.1% · R 39.0%
• 2008→2024 swing: +1.9pp toward D · 2008: 19.1pp · 2024: 21.1pp
• All cycles: 2024: D+21.1 2020: D+22.1 2016: D+19.9 2012: D+22.1 2008: D+19.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -58.79%
• Current HPI: 235.1746
• Rent YoY: —
• Metro: Danville, 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

+525.0% since first listed

14 events — show timeline

• 2026-04-05 Listed $125,000 DRRAR
• 2025-04-22 Sold (Public Records) $106,300 Public Records
• 2025-04-18 Sold (MLS) $106,300 LMLS
• 2025-04-18 Sold (MLS) $106,300 DRRAR
• 2025-03-01 Rental Removed $1,000 APPFOLIO
• 2025-03-01 Pending — LMLS
• 2025-02-18 Listed for Rent $1,000 APPFOLIO
• 2025-01-28 Price Changed $109,900 DRRAR
• 2025-01-28 Price Changed $109,900 LMLS
• 2025-01-14 Price Changed $114,900 DRRAR
• 2025-01-14 Price Changed $114,900 LMLS
• 2024-12-18 Listed $119,900 DRRAR
• 2024-12-16 Listed $119,900 LMLS
• 1998-03-02 Sold (Public Records) $20,000 Public Records

Property tax history

+8.3%/yr

Latest (2025): $449 · +42.7% YoY. Source: county tax records.