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14705 Fairview Rd
B Composite 74.91
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 +6.3/10.0
  • Appreciation +3.9/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Livability +2.2/5.0

$29,000

14705 Fairview Rd · Dante, VA 24283
3 bd · 1.0 ba · 1,170 sqft · Manufactured public records · 5 Days on market
2.00 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Tucked away in a quiet setting just outside of town, this 2-acre property is full of potential for the right buyer or investor. With county water, a septic tank, and power already in place, much of the groundwork is already done for your future plans. The property includes two existing structures that are not currently livable and will likely need to be removed, making this an excellent opportunity for a fresh start without starting completely from scratch. Whether you're looking for a homesite, investment opportunity, or a peaceful spot to build, this property offers a hard-to-find combination of utilities, acreage, and affordability in a serene setting.

Key facts

  • Public sewer
  • 2 acre property
  • Public water

Tags

2 ACRE PROPERTYPUBLIC WATERPUBLIC SEWERPOWER ALREADY IN PLACETWO EXISTING STRUCTURESINVESTMENT OPPORTUNITY

Property features AI

Finance

  • Other: Approximately 2 acres of land

Exterior

  • Utilities: Public water; Septic tank
  • Home design: Manufactured house; Residential single-family residence; Zoned R; Not in a subdivision
  • Construction: Wood siding
  • Exterior features: Shingle roof; Property has a view; Topography includes level areas, rolling slopes, and wooded sections

Interior

  • Bathrooms: 1 full bathroom
  • Heating & cooling: Heating: Other; Cooling: Other
  • Interior features: Total of 5 rooms; Has heating and cooling

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath manufactured listed at $29k.

Deal economics

  • At list price, monthly cash flow is $619 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $29k).

Location & tenants

  • Location reads 44/100 on livability (#570 in VA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: amenities F, commute F, employment F.
  • Wise County Public School District (town): math 74% / reading 79% proficiency, ranked #11 of 131 in VA (top 8%) — strong family-tenant draw, lease renewals of 3-5y typical.
  • Zoned schools: Coeburn Primary (math 82% / reading 82%, grade A+, #106 of 1,108 statewide, top 11%, 466 students, 80% FRL); Coeburn Middle (math 76% / reading 80%, grade A+, #34 of 342 statewide, top 10%, 307 students, 89% FRL); Eastside High (math 82% / reading 72%, grade A-, #90 of 319 statewide, top 30%, 390 students, 83% FRL) — zoned schools average 84% FRL vs 55% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 12 active listings in the ZIP; 17 units permitted in Wise County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-2.3%/yr); year-one equity from $200 of loan paydown is wiped out by about $654 of value loss. Plan a longer hold.
  • Wise County population projected at -26% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-2.3% appreciation + 3.0% rent growth), your $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • Only 5 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $29,000

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  3. 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.
  4. 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.
  5. 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
3.48%
Cap rate
31.91%
Cash-on-cash
91.47%
DSCR
5.07
GRM
2.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-2.26% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
92.6%
Equity multiple
5.39×
Total profit
$35,637
Equity at exit
$5,293
10-year hold
IRR
95.1%
Equity multiple
11.17×
Total profit
$82,606
Equity at exit
$4,204

Cash invested: $8,120 (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.

ZIP-level market 24283

Home prices YoY
-1.8%
Active inventory
12
Price-to-rent
2.4×

Monthly cashflow live

Estimated rent
$1,010 medium interval (Pro) →
Mortgage (P&I)
$152
Tax from tax record
$15 /mo · $181/yr
Insurance
$12
HOA
$0
Vacancy / Maint / Mgmt
$212
Net cashflow
$619

Break-even live

Break-even rent $227
Max offer price $29,000
Occupancy floor 34%

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
$7,250
Closing costs
$870
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 1 events

  1. 2026-05-21
    listed $29,000 Active

ⓘ 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
$181 · $15/mo
Projected year-2 tax
$238 · $20/mo
Expected delta
+$57/yr (+$5/mo · 31.5%)

ⓘ 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 7/10 Severe
  • 🌡 Heat 1/10 Low 7 d/yr ≥93°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$12,125
− Mortgage interest
−$1,624
− Property taxes
−$181
− Insurance
−$145
− Repairs & maintenance
−$970
− Management
−$970
− Depreciation
−$844
Taxable income
$7,391
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,774
After-tax cash flow
$5,654/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
Wise County Public School District
NCES district ID
5104080
Math proficiency
74% ▼ -20.00%
Reading proficiency
79% ▼ -7.00%
Median HH income
$35,624
Composite
63.37/100
National rank
#625
State rank
#11 of 131 in VA

Livability — Dante

Score
44/100
State rank
#570
US rank
#26831

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
1,873

Population outlook (Wise County) Hauer SSP2

Today (2025)
35,714 people
By 2030
33,742 · -5.5%
By 2040
29,870 · -16.4%
By 2050
26,233 · -26.5%
By 2075
18,296 · -48.8%
By 2100
12,147 · -66.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (98%)
Race & ethnicity
White 98% Two or more races 1%
Common ancestry
Lithuanian 5% Serbian 4% Italian 3%
Foreign-born
1%
Languages at home
99% English-only · German/W. Germanic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Wise

2024 margin
Solid R (+63.3) · D 18.1% · R 81.4%
2008→2024 swing
-35.6pp toward R · 2008: -27.7pp · 2024: -63.3pp
All cycles
2024: R+63.3 2020: R+61.7 2016: R+62.0 2012: R+48.8 2008: R+27.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -2.26%
Current HPI
120.7777
Rent YoY
Metro
State GDP YoY
▲ 2.40%
F500 in state
50

Industry mix (Fortune 500 HQ in VA)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-05-21 Listed $29,000 TVRMLS

Property tax history

+1.0%/yr

Latest (2025): $181 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…