1165 Crouch Rd · Montvale, VA 24122

$99,995

2 bd · 2.0 ba · 1,056 sqft · SingleFamily · 55 Days on market

Built 1994 2.06 ac lot ↓ 9% 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
• Appreciation +7.4/10.0
• Schools +5.5/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Nestled on over 2 acres of breathtaking countryside, this 2-bedroom, 2-bath single wide offers an incredible opportunity to own a piece of land with stunning valley and mountain views. Whether you're looking for a peaceful retreat, investment potential, or a future homesite, the setting here is truly the highlight--wide open space, privacy, and scenic beauty in every direction. The home itself is being sold as-is, and the seller will make no repairs at this price, making it ideal for buyers ready to renovate, replace, or reimagine the property to their vision. With utilities already in place and a generous lot size, the possibilities are endless. Don't miss your chance to secure an affordable property with unbeatable views and acreage--bring your ideas and make it your own!

Key facts

• 2.06 acre lot
• 9 parking spots
• Pool

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Recommended offer: $97k (3.0% 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: 15 active listings in the ZIP; 294 units permitted in Bedford County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($691 loan paydown + $5k appreciation (4.8% local appreciation)).
• Bedford County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (4.8% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $96,995 (3.0% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 2.05% ✓
• Cap rate: 18.71%
• Cash-on-cash: 44.33%
• DSCR: 2.97
• GRM: 4.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.81% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 52.1%
• Equity multiple: 4.14×
• Total profit: $87,832
• Equity at exit: $55,536

10-year hold

• IRR: 50.0%
• Equity multiple: 8.47×
• Total profit: $209,020
• Equity at exit: $94,926

Cash invested: $27,999 (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 24122

• Home prices YoY: 1.6%
• Active inventory: 15
• Price-to-rent: 4.1×

Monthly cashflow live

• Estimated rent: $2,047 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$17 /mo · $201/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$430
• Net cashflow: $1,034

Break-even live

Break-even rent $738

Max offer price $99,995

Occupancy floor 44%

Sensitivity live

Price	-10% $1,091	-5% $1,063	+0% $1,034	+5% $892	+10% $857
Rent	-10% $873	-5% $954	+0% $1,034	+5% $1,115	+10% $1,196
Rate	-1.0pp $1,085	-0.5pp $1,060	base $1,034	+0.5pp $1,008	+1.0pp $982

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: $24,999
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Listing history 2 events

1. 2026-05-14
   price $99,995 784-char remark

   Show marketing remark (784 chars)

   Nestled on over 2 acres of breathtaking countryside, this 2-bedroom, 2-bath single wide offers an incredible opportunity to own a piece of land with stunning valley and mountain views. Whether you're looking for a peaceful retreat, investment potential, or a future homesite, the setting here is truly the highlight--wide open space, privacy, and scenic beauty in every direction. The home itself is being sold as-is, and the seller will make no repairs at this price, making it ideal for buyers ready to renovate, replace, or reimagine the property to their vision. With utilities already in place and a generous lot size, the possibilities are endless. Don't miss your chance to secure an affordable property with unbeatable views and acreage--bring your ideas and make it your own!

2. 2026-03-27
   listed $109,995 Active 784-char remark

   Show marketing remark (784 chars)

   Nestled on over 2 acres of breathtaking countryside, this 2-bedroom, 2-bath single wide offers an incredible opportunity to own a piece of land with stunning valley and mountain views. Whether you're looking for a peaceful retreat, investment potential, or a future homesite, the setting here is truly the highlight--wide open space, privacy, and scenic beauty in every direction. The home itself is being sold as-is, and the seller will make no repairs at this price, making it ideal for buyers ready to renovate, replace, or reimagine the property to their vision. With utilities already in place and a generous lot size, the possibilities are endless. Don't miss your chance to secure an affordable property with unbeatable views and acreage--bring your ideas and make it your own!

ⓘ 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: $201 · $17/mo
• Projected year-2 tax: $820 · $68/mo
• Expected delta: +$619/yr (+$52/mo · 307.3%)

ⓘ 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 6/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% 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: $24,566
• − Mortgage interest: −$5,601
• − Property taxes: −$201
• − Insurance: −$500
• − Repairs & maintenance: −$1,965
• − Management: −$1,965
• − Depreciation: −$2,909
• Taxable income: $11,424
• Est. tax owed @ 24.0%: −$2,742
• After-tax cash flow: $9,671/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): 1,421

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 (96%)
• Race & ethnicity: White 96% Hispanic / Latino 3%
• Common ancestry: Serbian 8% Slovak 4% Italian 3%
• Foreign-born: 4% · Canada
• Languages at home: 97% English-only · Spanish 3%

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: ▲ 4.81%
• Current HPI: 312.5895
• 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

-9.1% since first listed

2 events — show timeline

• 2026-05-14 Price Changed $99,995 MLSRV
• 2026-03-27 Listed $109,995 MLSRV

Property tax history

+2.2%/yr

Latest (2025): $201 · +0.0% YoY. Source: county tax records.