1307 Enon Ave · Enon, VA 23836

$289,999

3 bd · 1.5 ba · 1,052 sqft · SingleFamily public records · 2 Days on market

Built 1971 9,583 sqft lot Est $283k · at est.

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Why this score? — see what drove the D 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 +14.0/30.0
• ARV discount +6.4/15.0
• Schools +5.2/10.0
• DSCR +4.3/10.0
• Livability +3.4/5.0
• 1% rule +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Quiet Street, Large Rear yard. .Priced below Assessed for Quick sale.

Key facts

• 9,583 sq ft lot
• Parking
• Built 1971

Property features AI

Exterior

• Parking: Driveway; Off-street parking; Paved parking
• Utilities: Public water; Public sewer; Electric service
• Home design: Single-story home; Resale property
• Construction: Brick, frame, hardboard and drywall construction; Composition shingle roof
• Exterior features: Paved driveway; Deck; Stoop; Shed(s)

Interior

• Kitchen: Kitchen island; Electric cooking; Microwave
• Bedrooms: Bedroom on first level
• Flooring: Ceramic tile; Wood (laminate)
• Bathrooms: 1 full bathroom with tub & shower; 1 half bathroom
• Heating & cooling: Heat pump (heating and cooling); Electric heating; Baseboard heating; Electric cooling
• Interior features: Ceiling fan(s); Kitchen island; Laminate counters; Bedroom on main level
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $290k.

Deal economics

• At list price, monthly cash flow is $39 ($467/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 $231k (20.2% below list).
• Recommended offer: $231k (20.2% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 3.4% in Enon — 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 67/100 on livability (#293 in VA) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, crime A-; Watch: amenities F, commute F.
• Chesterfield County Public School District (suburban): math 52% / reading 64% proficiency, ranked #57 of 131 in VA (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Enon Elementary (math 53% / reading 67%, grade B-, #533 of 1,108 statewide, top 48%, 781 students, 81% FRL); Elizabeth Davis Middle (math 41% / reading 44%, grade D-, #291 of 342 statewide, top 86%, 1,337 students, 44% FRL); Thomas Dale High (math 41% / reading 82%, grade B-, #240 of 319 statewide, top 75%, 2,556 students, 41% FRL) — zoned schools average 55% FRL vs 26% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 73 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 2,307 units permitted in Chesterfield County in 2024 (462 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Chesterfield County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 23y 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.
• Current owner paid $108k; list at $290k implies a 170% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 42% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $231,348 (20.2% below list)

Questions for the listing agent

1. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.80% ✗
• Cap rate: 6.45%
• Cash-on-cash: 0.57%
• DSCR: 1.03
• GRM: 10.4

CMA / ARV

• ARV (on-the-fly): $282,988
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14116 Bolling Ave	0.06mi	3/2.0	1,050 (-0%)	12mo	$345,000	$329	85
1315 Enon Ave	0.03mi	3/1.5	1,040 (-1%)	21mo	$257,000	$247	80
14027 Starpine Ln	0.24mi	3/2.0	1,104 (+5%)	1mo	$310,000	$281	78
14218 Bermuda Ave	0.10mi	3/1.0	957 (-9%)	2mo	$310,000	$324	77
1214 Cameron Ave	0.16mi	3/1.5	1,161 (+10%)	1mo	$312,500	$269	75
14405 Santell Dr	0.40mi	3/1.5	1,052 (0%)	9mo	$295,000	$280	74
14109 State Ave	0.13mi	3/1.5	1,107 (+5%)	15mo	$249,950	$226	73
14115 State Ave	0.12mi	3/2.0	1,107 (+5%)	14mo	$295,000	$266	72
14106 Starpine Ln	0.20mi	3/1.5	1,104 (+5%)	18mo	$288,000	$261	68
1109 Traywick Ct	0.30mi	3/2.0	1,008 (-4%)	16mo	$275,000	$273	64
14308 Central Ave	0.20mi	3/1.0	957 (-9%)	14mo	$251,600	$263	61
1201 Enon Church Rd	0.38mi	3/1.5	1,204 (+14%)	13mo	$306,000	$254	47

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: -15.4%
• Equity multiple: 0.45×
• Total profit: $-44,613
• Equity at exit: $43,240

10-year hold

• IRR: -7.0%
• Equity multiple: 0.56×
• Total profit: $-36,055
• Equity at exit: $25,074

Cash invested: $81,200 (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 23836

• Home prices YoY: -26.5%
• Active inventory: 73
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,313 medium
• Mortgage (P&I): −$1,521
• Tax from tax record: −$147 /mo · $1,766/yr
• Insurance: −$121
• HOA: −$0
• Vacancy / Maint / Mgmt: −$486
• Net cashflow: $39

Break-even live

Break-even rent $2,264

Max offer price $289,999

Occupancy floor 93%

Sensitivity live

Price	-10% $203	-5% $121	+0% $39	+5% $-43	+10% $-125
Rent	-10% $-144	-5% $-52	+0% $39	+5% $130	+10% $222
Rate	-1.0pp $185	-0.5pp $113	base $39	+0.5pp $-36	+1.0pp $-113

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: $72,500
• Closing costs: $8,700
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1530 River Tree Dr Chester, VA	2.0–3.0	2.0–2.5	1271	$2,483	$1.95	0d	28	0.36mi
15219 Spruce Ave Chester, VA	3.0	1.5	1052	$1,991	$1.89	26d	1	1.08mi

Listing history 20 events

1. 2026-06-05
   statusdays on market $289,999 Pending 2 DOM
2. 2026-06-02
   statusdays on market $289,999 Active 1 DOM
3. 2026-06-01
   days on market $289,999 Coming Soon 10 DOM
4. 2026-05-31
   days on market $289,999 Coming Soon 9 DOM
5. 2026-05-22
   historical $289,999
6. 2017-07-21
   soldstatus $107,500
7. 2017-07-20
   soldstatus $107,500 Closed 69-char remark

   Show marketing remark (69 chars)

   Quiet Street, Large Rear yard. .Priced below Assessed for Quick sale.

8. 2017-04-29
   status Pending 69-char remark

   Show marketing remark (69 chars)

   Quiet Street, Large Rear yard. .Priced below Assessed for Quick sale.

9. 2017-04-10
   listed $115,000 Active 69-char remark

   Show marketing remark (69 chars)

   Quiet Street, Large Rear yard. .Priced below Assessed for Quick sale.

10. 2011-06-17
    soldstatus $75,000 448-char remark

    Show marketing remark (448 chars)

    Cozy ranch home in great location! This 3 bedroom, 1.5 bath home features hardwood floors throughout much of the home, a spacious kitchen with plenty of cabinet space and great sized bedrooms. The large deck and rear yard are perfect for entertaining in the upcoming warmer months. Come see the possibilities!Property to be sold As-Is. Ask your agent for details. Please note utilities are off at this property; bring a flashlight. Case #541-675965

11. 2011-05-02
    historical 448-char remark

    Show marketing remark (448 chars)

    Cozy ranch home in great location! This 3 bedroom, 1.5 bath home features hardwood floors throughout much of the home, a spacious kitchen with plenty of cabinet space and great sized bedrooms. The large deck and rear yard are perfect for entertaining in the upcoming warmer months. Come see the possibilities!Property to be sold As-Is. Ask your agent for details. Please note utilities are off at this property; bring a flashlight. Case #541-675965

12. 2011-02-11
    listed $75,000 448-char remark

    Show marketing remark (448 chars)

    Cozy ranch home in great location! This 3 bedroom, 1.5 bath home features hardwood floors throughout much of the home, a spacious kitchen with plenty of cabinet space and great sized bedrooms. The large deck and rear yard are perfect for entertaining in the upcoming warmer months. Come see the possibilities!Property to be sold As-Is. Ask your agent for details. Please note utilities are off at this property; bring a flashlight. Case #541-675965

13. 2010-05-11
    historical
14. 2010-02-18
    listed $159,950
15. 2003-06-03
    soldstatus $91,500
16. 2003-05-31
    soldstatus $91,500
17. 2003-05-31
    soldstatus $91,500
18. 2003-04-21
    listed $89,950
19. 2003-04-21
    listed $89,950
20. 1977-06-01
    soldstatus $30,000

ⓘ 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: $1,766 · $147/mo
• Projected year-2 tax: $2,378 · $198/mo
• Expected delta: +$612/yr (+$51/mo · 34.7%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 42% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,762
• − Mortgage interest: −$16,244
• − Property taxes: −$1,766
• − Insurance: −$1,450
• − Repairs & maintenance: −$2,221
• − Management: −$2,221
• − Depreciation: −$8,436
• Taxable loss: −$4,577
• Est. tax savings @ 24.0%: +$1,098
• After-tax cash flow: $1,565/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: Chesterfield County Public School District
• NCES district ID: 5100840
• Math proficiency: 52% ▼ -30.00%
• Reading proficiency: 64% ▼ -15.00%
• Median HH income: $72,821
• Composite: 51.56/100
• National rank: #1712
• State rank: #57 of 131 in VA

Livability — Enon

• Score: 67/100
• State rank: #293
• US rank: #10437

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Enon, VA
• County: Chesterfield County · 406,988 people
• Metro: Richmond, VA
• Population (ZIP): 15,298
• Household income: $100,921
• Rent vs Own: 24.5% rent · 75.5% own
• Severe rent burden: 163.0

Population outlook (Chesterfield County) Hauer SSP2

• Today (2025): 377,190 people
• By 2030: 395,710 · +4.9%
• By 2040: 427,694 · +13.4%
• By 2050: 452,706 · +20.0%
• By 2075: 505,533 · +34.0%
• By 2100: 521,282 · +38.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: White 47% Black 25% Hispanic / Latino 14% Two or more races 9% Asian 6%
• Hispanic origin (detail): Mexican 4% Puerto Rican 3% Dominican 1%
• Common ancestry: Romanian 2% Hispanic 2% Serbian 1%
• Foreign-born: 12% · Canada
• Languages at home: 82% English-only · Spanish 10% Other Indo-European 4% Other Asian/Pacific 2%

Political lean MEDSL · Chesterfield

• 2024 margin: Lean D (+9.0) · D 53.8% · R 44.8% · Other 1.4%
• 2008→2024 swing: +16.4pp toward D · 2008: -7.5pp · 2024: 9.0pp
• All cycles: 2024: D+9.0 2020: D+6.7 2016: R+2.2 2012: R+7.1 2008: R+7.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -92.68%
• Current HPI: 257.2013
• Rent YoY: —
• Metro: Richmond, 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

+866.7% since first listed

18 events — show timeline

• 2026-06-04 Pending — CVRMLS
• 2026-06-02 Listed $289,999 CVRMLS
• 2026-05-22 Coming Soon $289,999 CVRMLS
• 2017-07-21 Sold (Public Records) $107,500 Public Records
• 2017-07-20 Sold (MLS) $107,500 CVRMLS
• 2017-04-29 Pending — CVRMLS
• 2017-04-10 Listed $115,000 CVRMLS
• 2011-06-17 Sold (MLS) $75,000 CVRMLS
• 2011-05-02 Listing Removed — CVRMLS
• 2011-02-11 Listed $75,000 CVRMLS
• 2010-05-11 Listing Removed — CVRMLS
• 2010-02-18 Listed $159,950 CVRMLS
• 2003-06-03 Sold (Public Records) $91,500 Public Records
• 2003-05-31 Sold (MLS) $91,500 CVRMLS
• 2003-05-31 Sold (MLS) $91,500 CVRMLS
• 2003-04-21 Listed $89,950 CVRMLS
• 2003-04-21 Listed $89,950 CVRMLS
• 1977-06-01 Sold (Public Records) $30,000 Public Records

Property tax history

+3.7%/yr

Latest (2025): $1,766 · +7.7% YoY. Source: county tax records.