8168 Daphna Rd · Linville, VA 22815

$199,990

3 bd · 1.0 ba · 1,308 sqft · SingleFamily public records · 36 Days on market

Built 1932 0.55 ac lot $153/sqft · 26% below area Est $270k · 26% 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 +15.2/30.0
• ARV discount +15.0/15.0
• Schools +4.8/10.0
• DSCR +4.7/10.0
• 1% rule +3.1/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Time to till your garden in this peaceful setting and make this newly updated farmhouse your home. Loaded with rustic charm, you will be wowed by custom Hemlock beams in the living room/dining area, beautiful laminate hardwood floors throughout main level including full bath w/ rubbed bronze fixtures and tiled tub area, large country kitchen w/ new Hickory cabinets, subway tile backsplash, rounded edge countertops, black appliances and farm-style sink. Second level offers new carpet throughout w/ 3 bedrooms, recessed lighting, new drywall, fresh paint and rustic wood details. Peace of mind comes with new HVAC, new electrical wiring, replacement windows, new floor joists for 2nd floor, new support beam for main level, new guttering and more!

Key facts

• Custom hemlock beams
• Farmhouse sink
• Recessed lighting

Tags

• CUSTOM HEMLOCK BEAMS
• LAMINATE HARDWOOD FLOORING
• HICKORY CABINETRY
• SUBWAY TILE BACKSPLASH
• FARMHOUSE SINK
• RECESSED LIGHTING

Property features AI

Exterior

• Utilities: Water supplied by cistern; Private septic tank; Electric hot water
• Home design: Detached structure
• Construction: Aluminum siding; Stone foundation; Above grade and below grade structures noted; Year built per assessor
• Exterior features: Not in a federal flood zone; No tidal water on the property

Interior

• Bedrooms: Three bedrooms on the upper level
• Bathrooms: One full bathroom on the main level; One full bathroom total
• Heating & cooling: Heat pump(s); Oil-fired heating fuel; Central air conditioning (electric)
• Interior features: No basement; Finished above-grade living area reported by assessor (1,308)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $71 ($848/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 $162k (18.8% below list).
• Recommended offer: $162k (18.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Rockingham County Public School District (rural): math 47% / reading 64% proficiency, ranked #77 of 131 in VA (top 59%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Lacey Spring Elementary (math 27% / reading 57%, grade F, #866 of 1,108 statewide, top 80%, 229 students, 54% FRL); J. Frank Hillyard Middle (math 51% / reading 59%, grade B-, #189 of 342 statewide, top 56%, 665 students, 49% FRL); Broadway High (math 68% / reading 79%, grade B+, #124 of 319 statewide, top 40%, 923 students, 42% FRL) — zoned schools average 48% FRL vs 32% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 63 active listings in the ZIP; 683 units permitted in Rockingham County 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.
• Rockingham County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 19y 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: built in 1932 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $162,330 (18.8% below list)

Questions for the listing agent

1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
2. Built in 1932 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.81% ✗
• Cap rate: 6.72%
• Cash-on-cash: 1.51%
• DSCR: 1.07
• GRM: 10.3

CMA / ARV

• ARV (median comp): $270,341
• List price: $199,990
• Delta: -26.02%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -13.9%
• Equity multiple: 0.50×
• Total profit: $-27,988
• Equity at exit: $29,819

10-year hold

• IRR: -5.2%
• Equity multiple: 0.66×
• Total profit: $-18,905
• Equity at exit: $17,291

Cash invested: $55,997 (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 22815

• Home prices YoY: -23.4%
• Active inventory: 63
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $1,623 medium
• Mortgage (P&I): −$1,049
• Tax from tax record: −$80 /mo · $956/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$341
• Net cashflow: $71

Break-even live

Break-even rent $1,534

Max offer price $199,990

Occupancy floor 91%

Sensitivity live

Price	-10% $184	-5% $127	+0% $71	+5% $14	+10% $-43
Rent	-10% $-58	-5% $7	+0% $71	+5% $135	+10% $199
Rate	-1.0pp $171	-0.5pp $122	base $71	+0.5pp $19	+1.0pp $-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: $49,998
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Listing history 15 events

1. 2026-06-05
   status $199,990 Pending 36 DOM
2. 2026-06-03
   days on market $199,990 Active 36 DOM
3. 2026-06-02
   days on market $199,990 Active 35 DOM
4. 2026-06-01
   days on market $199,990 Active 34 DOM
5. 2026-05-31
   days on market $199,990 Active 33 DOM
6. 2026-05-30
   days on market $199,990 Active 32 DOM
7. 2026-04-28
   listed $199,990 Active 828-char remark
8. 2020-06-23
   soldstatus $184,900 750-char remark

   Show marketing remark (750 chars)

   Time to till your garden in this peaceful setting and make this newly updated farmhouse your home. Loaded with rustic charm, you will be wowed by custom Hemlock beams in the living room/dining area, beautiful laminate hardwood floors throughout main level including full bath w/ rubbed bronze fixtures and tiled tub area, large country kitchen w/ new Hickory cabinets, subway tile backsplash, rounded edge countertops, black appliances and farm-style sink. Second level offers new carpet throughout w/ 3 bedrooms, recessed lighting, new drywall, fresh paint and rustic wood details. Peace of mind comes with new HVAC, new electrical wiring, replacement windows, new floor joists for 2nd floor, new support beam for main level, new guttering and more!

9. 2020-05-09
   listed $184,900 750-char remark

   Show marketing remark (750 chars)

   Time to till your garden in this peaceful setting and make this newly updated farmhouse your home. Loaded with rustic charm, you will be wowed by custom Hemlock beams in the living room/dining area, beautiful laminate hardwood floors throughout main level including full bath w/ rubbed bronze fixtures and tiled tub area, large country kitchen w/ new Hickory cabinets, subway tile backsplash, rounded edge countertops, black appliances and farm-style sink. Second level offers new carpet throughout w/ 3 bedrooms, recessed lighting, new drywall, fresh paint and rustic wood details. Peace of mind comes with new HVAC, new electrical wiring, replacement windows, new floor joists for 2nd floor, new support beam for main level, new guttering and more!

10. 2019-04-05
    soldstatus $55,500

    Show marketing remark (156 chars)

    2 story farm house situated in norther Rockingham County. This home features 3 bedrooms, 1 bath, living room, dining room, kitchen and several outbuildings.

11. 2019-02-22
    listed $49,900

    Show marketing remark (156 chars)

    2 story farm house situated in norther Rockingham County. This home features 3 bedrooms, 1 bath, living room, dining room, kitchen and several outbuildings.

12. 2007-07-03
    soldstatus $120,000
13. 2007-07-03
    soldstatus $120,000
14. 2007-05-01
    listed $124,200
15. 1996-05-08
    soldstatus $60,500

ⓘ 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: $956 · $80/mo
• Projected year-2 tax: $1,640 · $137/mo
• Expected delta: +$684/yr (+$57/mo · 71.5%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥101°F today · 17 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

Taxation est. · year 1

• Rental income: $19,480
• − Mortgage interest: −$11,203
• − Property taxes: −$956
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,558
• − Management: −$1,558
• − Depreciation: −$5,818
• Taxable loss: −$2,614
• Est. tax savings @ 24.0%: +$627
• After-tax cash flow: $1,475/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: Rockingham County Public School District
• NCES district ID: 5103390
• Math proficiency: 47% ▼ -36.00%
• Reading proficiency: 64% ▼ -12.00%
• Median HH income: $53,178
• Composite: 47.58/100
• National rank: #2264
• State rank: #77 of 131 in VA

Livability — Linville

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 8,716

Population outlook (Rockingham County) Hauer SSP2

• Today (2025): 83,435 people
• By 2030: 85,223 · +2.1%
• By 2040: 87,667 · +5.1%
• By 2050: 88,550 · +6.1%
• By 2075: 90,331 · +8.3%
• By 2100: 85,122 · +2.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 8% Two or more races 4%
• Hispanic origin (detail): Mexican 5% Dominican 1%
• Common ancestry: Romanian 2% Serbian 2% Slovak 1%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 5% Other Indo-European 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Rockingham

• 2024 margin: Solid R (+37.0) · D 30.9% · R 68.0% · Other 1.1%
• 2008→2024 swing: -1.0pp toward R · 2008: -36.0pp · 2024: -37.0pp
• All cycles: 2024: R+37.0 2020: R+40.4 2016: R+43.5 2012: R+40.6 2008: R+36.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -55.93%
• Current HPI: 183.4499
• 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

+230.6% since first listed

10 events — show timeline

• 2026-06-03 Pending — BRIGHT MLS
• 2026-04-28 Listed $199,990 BRIGHT MLS
• 2020-06-23 Sold (MLS) $184,900 HRAR
• 2020-05-09 Listed $184,900 HRAR
• 2019-04-05 Sold (MLS) $55,500 HRAR
• 2019-02-22 Listed $49,900 HRAR
• 2007-07-03 Sold (Public Records) $120,000 Public Records
• 2007-07-03 Sold (MLS) $120,000 HRAR
• 2007-05-01 Listed $124,200 HRAR
• 1996-05-08 Sold (Public Records) $60,500 Public Records

Property tax history

+4.0%/yr

Latest (2025): $956 · +0.0% YoY. Source: county tax records.