1152 Hamilton Ave SW · Roanoke, VA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $666 – $1,236
Heat risk 5/10 · Moderate
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Cash flow +8.7/30.0
- Rent growth +4.1/5.0
- Schools +4.1/10.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- DSCR +2.4/10.0
- 1% rule +2.1/10.0
- Appreciation +0.0/10.0
$195,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Home & Extra Lot! Well kept, one family has owned since 1955!! 2 bedroom 1 bath with large bonus room upstairs. This beautiful home is clean & move in ready. Low maintenance cement block & stucco cottage feel. Completely redone bath! Hardwood floors throughout except kitchen & bath have new luxury vinyl flooring. Custom built cabinets in the living room with decorative fireplace for electric heater ambiance. Upstairs has been turned into a large finished space with custom built cherry cabinets, great space for office or extra bedroom! Includes extra lot for more space outside. Roof replaced in 2013 & all windows replaced in 2014 with double paned insulated glass. 2021 new refrigerator & natural gas stove. City views from the hillside & extra storage building out back. Come & take a look!
Key facts
- Extra lot
- Finished space
- Decorative fireplace
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $195k.
Deal economics
- At list price, monthly cash flow is $-164 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $166k (14.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $138k (29.5% below list).
- Recommended offer: $138k (29.5% below list) — sets the bar for 1% rule.
- Cap rate 5.3% vs local median 4.2% in Roanoke — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 73/100 on livability (#163 in VA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: amenities C-, employment D, crime F.
- Roanoke City Public School District (urban): math 40% / reading 58% proficiency, ranked #102 of 131 in VA (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Wasena Elementary (math 62% / reading 62%, grade B, #480 of 1,108 statewide, top 46%, 233 students, 101% FRL); James Madison Middle (math 41% / reading 68%, grade B-, #194 of 342 statewide, top 60%, 580 students, 96% FRL); Patrick Henry High (math 57% / reading 77%, grade B, #185 of 319 statewide, top 61%, 2,005 students, 95% FRL) — zoned schools average 97% FRL vs 67% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 61% at this address vs 49% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the Roanoke City Public School District average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising fast (+6.4%/yr); 121 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; 113 units permitted in Roanoke city in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Roanoke County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 150 days — a 12% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 150 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
- Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-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?
- Crime grade is F 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?
- 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?
- 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.
- 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.
- 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
- 0.71% ✗
- Cap rate
- 5.28%
- Cash-on-cash
- -3.62%
- DSCR
- 0.84
- GRM
- 11.8
CMA / ARV
- ARV (median comp)
- $236,702
- List price
- $195,000
- Delta
- -17.62%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 9 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 729 Windsor Ave SW | 0.36mi | 3/1.0 (+1) | 997 (-0%) | 4mo | $218,000 | $219 | 74 |
| 1129 Kerns Ave SW | 0.11mi | 2/1.0 | 888 (-11%) | 12mo | $225,950 | $254 | 66 |
| 1206 Floyd Ave SW | 0.11mi | 3/1.0 (+1) | 1,125 (+12%) | 7mo | $155,200 | $138 | 63 |
| 707 Dupont Cir SW | 0.45mi | 3/1.0 (+1) | 1,030 (+3%) | 7mo | $169,000 | $164 | 63 |
| 1113 Brandon Ave SW | 0.43mi | 3/1.0 (+1) | 1,046 (+4%) | 12mo | $195,000 | $186 | 58 |
| 1141 Valley Ave SW | 0.06mi | 2/1.0 | 867 (-13%) | 20mo | $205,000 | $236 | 58 |
| 821 Kerns Ave SW | 0.36mi | 2/1.5 | 896 (-10%) | 10mo | $200,000 | $223 | 55 |
| 1827 Roanoke Ave SW | 0.73mi | 3/2.0 (+1) | 1,044 (+4%) | 1mo | $214,900 | $206 | 49 |
| 532 Janette Ave SW | 0.74mi | 3/1.0 (+1) | 912 (-9%) | 23mo | $60,000 | $66 | 27 |
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 · 6.39% rent growth · sell at horizon
- IRR
- -19.0%
- Equity multiple
- 0.32×
- Total profit
- $-37,262
- Equity at exit
- $29,075
- IRR
- -6.2%
- Equity multiple
- 0.55×
- Total profit
- $-24,747
- Equity at exit
- $16,860
Cash invested: $54,600 (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
ZIP-level market 24015
- Rents YoY
- 6.4%
- Active inventory
- 121
- Price-to-rent
- 11.8×
Monthly cashflow live
- Estimated rent
- $1,376 high interval (Pro) →
- Mortgage (P&I)
- −$1,023
- Tax from tax record
- −$147 /mo · $1,769/yr
- Insurance
- −$81
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$289
- Net cashflow
- $-164
Break-even live
Sensitivity live
| Price | -10% $-54 | -5% $-109 | +0% $-164 | +5% $-220 | +10% $-275 |
|---|---|---|---|---|---|
| Rent | -10% $-273 | -5% $-219 | +0% $-164 | +5% $-110 | +10% $-56 |
| Rate | -1.0pp $-66 | -0.5pp $-115 | base $-164 | +0.5pp $-215 | +1.0pp $-266 |
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
- $48,750
- Closing costs
- $5,850
- 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.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1219 Valley Ave SW Roanoke, VA | 2.0 | 2.0 | 840 | $1,750 | $2.08 | 23d | 1 | 0.08mi |
| 1215 Valley Ave SW Roanoke, VA | 2.0 | 2.0 | 840 | $1,650 | $1.96 | 23d | 1 | 0.08mi |
| 1331 Main St SW Roanoke, VA | 2.0 | 1.0 | 877 | $1,023 | $1.17 | 23d | 1 | 0.28mi |
| 743 Suburban Ave SW Unit Suburban 745 Roanoke, VA | 2.0 | 1.0 | 1134 | $1,100 | $0.97 | 15d | 1 | 0.35mi |
| 711 Suburban Ave SW Roanoke, VA | 2.0 | 1.5 | 910 | $1,050 | $1.15 | 23d | 1 | 0.40mi |
| 1701 Westover Ave SW Roanoke, VA | 1.0–2.0 | 1.0 | 876 | $1,045 | $1.19 | 45d | 4 | 0.46mi |
| 1602 Memorial Ave SW Roanoke, VA | 1.0 | 1.0 | 1250 | $1,800 | $1.44 | 45d | 1 | 0.48mi |
| 1520 Sherwood Ave SW Roanoke, VA | 2.0 | 1.0 | 900 | $1,500 | $1.67 | 15d | 1 | 0.52mi |
| 1517 Lexington Ave SW Unit 3 Roanoke, VA | 2.0 | 1.0 | 813 | $1,025 | $1.26 | 45d | 1 | 0.56mi |
| 1517 Lexington Ave SW Unit 1 Roanoke, VA | 2.0 | 1.0 | 813 | $1,050 | $1.29 | 45d | 1 | 0.56mi |
| 1709 Sherwood Ave SW Roanoke, VA | 2.0 | 1.0 | 1271 | $1,650 | $1.30 | 45d | 1 | 0.56mi |
| 1813 Oxford Ave SW Roanoke, VA | 2.0 | 1.0 | 800 | $1,200 | $1.50 | 45d | 1 | 0.60mi |
| 1106 Campbell Ave SW Roanoke, VA | 2.0 | 1.0 | 850 | $950 | $1.12 | 15d | 1 | 0.63mi |
| 1933 Windsor Ave SW Unit 4 Roanoke, VA | 1.0 | 1.0 | 1000 | $1,800 | $1.80 | 45d | 1 | 0.67mi |
| 1716 Grandin Rd SW Unit 7 Roanoke, VA | 2.0 | 1.0 | 1000 | $1,025 | $1.02 | 45d | 1 | 0.75mi |
| 1732 Grandin Rd SW Apt 55 Roanoke, VA | 2.0 | 1.0 | 814 | $995 | $1.22 | 45d | 1 | 0.75mi |
| 1732 Grandin Rd SW Unit 57 Roanoke, VA | 2.0 | 1.0 | 814 | $1,045 | $1.28 | 45d | 1 | 0.75mi |
| 1732 Grandin Rd SW Roanoke, VA | 2.0 | 1.0 | 814 | $980 | $1.20 | 23d | 1 | 0.75mi |
| 2610 Colonial Ave SW Roanoke, VA | 3.0 | 1.0 | 1104 | $1,500 | $1.36 | 45d | 1 | 0.76mi |
| 1630 Patterson Ave SW Unit B Roanoke, VA | 3.0 | 1.0 | 1200 | $1,395 | $1.16 | 45d | 1 | 0.82mi |
| 420 Allison Ave SW Apt 3 Roanoke, VA | 1.0 | 1.0 | 723 | $950 | $1.31 | 23d | 1 | 0.82mi |
| 505 6th St SW Unit 229 Roanoke, VA | 1.0 | 1.0 | 800 | $1,275 | $1.59 | 46d | 1 | 0.85mi |
| 802 Rorer Ave SW Apt A Roanoke, VA | 2.0 | 1.0 | 820 | $895 | $1.09 | 45d | 1 | 0.87mi |
| 605 Calvary St SW Apt A Roanoke, VA | 1.0 | 1.0 | 838 | $2,100 | $2.51 | 23d | 1 | 0.88mi |
| 605 Calvary St SW Apt A Roanoke, VA | 1.0 | 1.0 | 838 | $2,100 | $2.51 | 15d | 1 | 0.88mi |
| 430 Day Ave SW Unit A Roanoke, VA | 2.0 | 1.0 | 1444 | $1,650 | $1.14 | 45d | 1 | 0.93mi |
| 1825 Patterson Ave SW Unit B Roanoke, VA | 2.0 | 1.0 | 1000 | $850 | $0.85 | 45d | 1 | 0.94mi |
| 356 Walnut Ave SW Unit F Roanoke, VA | 1.0 | 1.0 | 850 | $1,300 | $1.53 | 45d | 1 | 0.95mi |
| 701 Salem Ave SW Roanoke, VA | 2.0 | 1.0 | 1250 | $1,950 | $1.56 | 45d | 1 | 0.97mi |
| 10 12 1/2 St SW Roanoke, VA | 3.0 | 1.5 | 999 | $1,023 | $1.02 | 45d | 1 | 0.97mi |
| 1119 Franklin Rd SW Unit BensonFranklin 05 Roanoke, VA | 2.0 | 1.0 | 900 | $1,297 | $1.44 | 45d | 1 | 1.00mi |
| 355 Highland Ave SW Apt 1 Roanoke, VA | 2.0 | 1.0 | 900 | $1,150 | $1.28 | 23d | 1 | 1.01mi |
| 2216 Memorial Ave SW Unit 2218 Roanoke, VA | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 45d | 1 | 1.04mi |
| 2210 Berkley Ave SW Roanoke, VA | 2.0 | 1.0 | 700 | $995 | $1.42 | 45d | 1 | 1.05mi |
| 400 Salem Ave SW Unit 2A Roanoke, VA | 1.0 | 1.0 | 744 | $1,400 | $1.88 | 15d | 1 | 1.13mi |
| 2504 Longview Ave SW Unit 5 Roanoke, VA | 1.0 | 1.0 | 836 | $1,050 | $1.26 | 45d | 1 | 1.14mi |
| 1924 Arden Rd SW Roanoke, VA | 2.0 | 1.0 | 1008 | $1,550 | $1.54 | 45d | 1 | 1.14mi |
| 2202 Broadway Ave SW Unit C Roanoke, VA | 1.0 | 1.0 | 1000 | $1,200 | $1.20 | 45d | 1 | 1.15mi |
| 2307 Memorial Ave SW Roanoke, VA | 2.0 | 1.5 | 1100 | $1,035 | $0.94 | 15d | 1 | 1.15mi |
| 217 Mountain Ave SW Unit 217-2 Roanoke, VA | 2.0 | 1.0 | 700 | $945 | $1.35 | 45d | 1 | 1.16mi |
Listing history 22 events
-
2026-06-21days on market $195,000 Active 150 DOM
-
2026-06-18days on market $195,000 Active 147 DOM
-
2026-06-17days on market $195,000 Active 146 DOM
-
2026-06-16days on market $195,000 Active 145 DOM
-
2026-06-15days on market $195,000 Active 144 DOM
-
2026-06-14days on market $195,000 Active 142 DOM
-
2026-06-13pricedays on market $195,000 Active 141 DOM
-
2026-06-10days on market $199,000 Active 139 DOM
-
2026-06-09days on market $199,000 Active 138 DOM
-
2026-06-08days on market $199,000 Active 137 DOM
-
2026-06-05days on market $199,000 Active 133 DOM
-
2026-06-03days on market $199,000 Active 132 DOM
-
2026-06-02days on market $199,000 Active 131 DOM
-
2026-06-01days on market $199,000 Active 130 DOM
-
2026-05-31days on market $199,000 Active 129 DOM
-
2026-05-30days on market $199,000 Active 128 DOM
-
2026-04-08price $215,000 846-char remark
Show marketing remark (846 chars)
Home & Extra Lot! Well kept, one family has owned since 1955!! 2 bedroom 1 bath with large bonus room upstairs. This beautiful home is clean & move in ready. Low maintenance cement block & stucco cottage feel. Completely redone bath! Hardwood floors throughout except kitchen & bath have new luxury vinyl flooring. Custom built cabinets in the living room with decorative fireplace for electric heater ambiance. Upstairs has been turned into a large finished space with custom built cherry cabinets, great space for office or extra bedroom! Includes extra lot for more space outside. Roof replaced in 2013 & all windows replaced in 2014 with double paned insulated glass. 2021 new refrigerator & natural gas stove. City views from the hillside & extra storage building out back. Come & take a look!
-
2026-03-25price $229,000 846-char remark
Show marketing remark (846 chars)
Home & Extra Lot! Well kept, one family has owned since 1955!! 2 bedroom 1 bath with large bonus room upstairs. This beautiful home is clean & move in ready. Low maintenance cement block & stucco cottage feel. Completely redone bath! Hardwood floors throughout except kitchen & bath have new luxury vinyl flooring. Custom built cabinets in the living room with decorative fireplace for electric heater ambiance. Upstairs has been turned into a large finished space with custom built cherry cabinets, great space for office or extra bedroom! Includes extra lot for more space outside. Roof replaced in 2013 & all windows replaced in 2014 with double paned insulated glass. 2021 new refrigerator & natural gas stove. City views from the hillside & extra storage building out back. Come & take a look!
-
2026-03-08price $249,900 846-char remark
Show marketing remark (846 chars)
Home & Extra Lot! Well kept, one family has owned since 1955!! 2 bedroom 1 bath with large bonus room upstairs. This beautiful home is clean & move in ready. Low maintenance cement block & stucco cottage feel. Completely redone bath! Hardwood floors throughout except kitchen & bath have new luxury vinyl flooring. Custom built cabinets in the living room with decorative fireplace for electric heater ambiance. Upstairs has been turned into a large finished space with custom built cherry cabinets, great space for office or extra bedroom! Includes extra lot for more space outside. Roof replaced in 2013 & all windows replaced in 2014 with double paned insulated glass. 2021 new refrigerator & natural gas stove. City views from the hillside & extra storage building out back. Come & take a look!
-
2026-02-25price $259,000 846-char remark
Show marketing remark (846 chars)
Home & Extra Lot! Well kept, one family has owned since 1955!! 2 bedroom 1 bath with large bonus room upstairs. This beautiful home is clean & move in ready. Low maintenance cement block & stucco cottage feel. Completely redone bath! Hardwood floors throughout except kitchen & bath have new luxury vinyl flooring. Custom built cabinets in the living room with decorative fireplace for electric heater ambiance. Upstairs has been turned into a large finished space with custom built cherry cabinets, great space for office or extra bedroom! Includes extra lot for more space outside. Roof replaced in 2013 & all windows replaced in 2014 with double paned insulated glass. 2021 new refrigerator & natural gas stove. City views from the hillside & extra storage building out back. Come & take a look!
-
2026-01-24price $299,000 846-char remark
Show marketing remark (846 chars)
Home & Extra Lot! Well kept, one family has owned since 1955!! 2 bedroom 1 bath with large bonus room upstairs. This beautiful home is clean & move in ready. Low maintenance cement block & stucco cottage feel. Completely redone bath! Hardwood floors throughout except kitchen & bath have new luxury vinyl flooring. Custom built cabinets in the living room with decorative fireplace for electric heater ambiance. Upstairs has been turned into a large finished space with custom built cherry cabinets, great space for office or extra bedroom! Includes extra lot for more space outside. Roof replaced in 2013 & all windows replaced in 2014 with double paned insulated glass. 2021 new refrigerator & natural gas stove. City views from the hillside & extra storage building out back. Come & take a look!
-
2026-01-22$349,000 Active 846-char remark
Show marketing remark (846 chars)
Home & Extra Lot! Well kept, one family has owned since 1955!! 2 bedroom 1 bath with large bonus room upstairs. This beautiful home is clean & move in ready. Low maintenance cement block & stucco cottage feel. Completely redone bath! Hardwood floors throughout except kitchen & bath have new luxury vinyl flooring. Custom built cabinets in the living room with decorative fireplace for electric heater ambiance. Upstairs has been turned into a large finished space with custom built cherry cabinets, great space for office or extra bedroom! Includes extra lot for more space outside. Roof replaced in 2013 & all windows replaced in 2014 with double paned insulated glass. 2021 new refrigerator & natural gas stove. City views from the hillside & extra storage building out back. Come & take a look!
ⓘ 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
- $1,769 · $147/mo
- Projected year-2 tax
- $1,769 · $147/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 1/10 Low
- Heat 5/10 Major 7 d/yr ≥101°F today · 19 d/yr by 30 yrs out
- Wind 2/10 Low 100% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,508
- − Mortgage interest
- −$10,923
- − Property taxes
- −$1,769
- − Insurance
- −$975
- − Repairs & maintenance
- −$1,321
- − Management
- −$1,321
- − Depreciation
- −$5,673
- Taxable loss
- −$5,473
- Est. tax savings @ 24.0%
- +$1,314
- After-tax cash flow
- $-660/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
- Roanoke City Public School District
- NCES district ID
- 5103300
- Math proficiency
- 40% ▼ -38.00%
- Reading proficiency
- 58% ▼ -12.00%
- Median HH income
- $38,592
- Composite
- 40.8/100
- National rank
- #3639
- State rank
- #102 of 131 in VA
Livability — Roanoke
- Score
- 73/100
- State rank
- #163
- US rank
- #5055
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Roanoke, VA
- County
- Roanoke City · 101,625 people
- City population
- 168,930
- Metro
- Roanoke, VA
- Population (ZIP)
- 15,865
- Household income
- $69,831
- Rent vs Own
- Severe rent burden
- 525.0
Population outlook (Roanoke County) Hauer SSP2
- Today (2025)
- 106,094 people
- By 2030
- 108,927 · +2.7%
- By 2040
- 114,104 · +7.5%
- By 2050
- 118,032 · +11.3%
- By 2075
- 123,363 · +16.3%
- By 2100
- 116,827 · +10.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (83%)
- Race & ethnicity
- White 83% Two or more races 7% Black 5% Hispanic / Latino 5% Asian 2%
- Common ancestry
- Italian 5% Slovak 3% Serbian 2%
- Foreign-born
- 4% · Canada, Jamaica
- Languages at home
- 95% English-only · Spanish 2% Tagalog/Filipino 1% Other Indo-European 1%
Political lean MEDSL · Roanoke
- 2024 margin
- Strong D (+23.6) · D 61.1% · R 37.5% · Other 1.4%
- 2008→2024 swing
- +0.2pp no change · 2008: 23.4pp · 2024: 23.6pp
- All cycles
- 2024: D+23.6 2020: D+25.8 2016: D+17.6 2012: D+21.5 2008: D+23.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -333.83%
- Current HPI
- 192.3108
- Rent YoY
- ▲ 6.39%
- Metro
- Roanoke, 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
-38.4% since first listed6 events — show timeline
- 2026-04-08 Price Changed $215,000 MLSRV
- 2026-03-25 Price Changed $229,000 MLSRV
- 2026-03-08 Price Changed $249,900 MLSRV
- 2026-02-25 Price Changed $259,000 MLSRV
- 2026-01-24 Price Changed $299,000 MLSRV
- 2026-01-22 Listed $349,000 MLSRV
Property tax history
+5.5%/yrLatest (2025): $1,769 · +8.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…