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61 Baltimore Ave
B+ Composite 77.7
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.1/10.0
  • Livability +3.9/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$59,000

61 Baltimore Ave · Danville, VA 24541
2 bd · 1.0 ba · 960 sqft · SingleFamily public records · 445 Days on market
Built 1930 Fair condition 0.29 ac lot $61/sqft · 39% below area Est $96k · 39% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door.

Key facts

  • Updated electrical
  • Large eat-in kitchen
  • Updated plumbing

Tags

LARGE EAT-IN KITCHENUPDATED ELECTRICALUPDATED PLUMBINGREPLACEMENT WINDOWSCOVERED BACK PORCHDEEP AND LEVEL BACKYARD

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $59k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $507 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $59k).
  • Recommended offer: $52k (12.0% below list) — sets the bar for market timing.
  • Cap rate 16.6% vs local median 5.3% in Danville — 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 77/100 on livability (#91 in VA, #2,952 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities D+, crime D-, commute F.
  • Danville City Public School District (town): math 30% / reading 44% proficiency, ranked #128 of 131 in VA (top 98%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Schoolfield Elementary (math 22% / reading 40%, grade F, #1,004 of 1,108 statewide, top 91%, 500 students, 98% FRL); O. Trent Bonner Middle (math 33% / reading 53%, grade D-, #288 of 342 statewide, top 85%, 678 students, 91% FRL); George Washington High (math 44% / reading 54%, grade D, #300 of 319 statewide, top 94%, 1,309 students, 88% FRL) — zoned schools average 92% FRL vs 71% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 284 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 93d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 54 units permitted in Danville city in 2024 (40 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $408 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Danville County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 445 days — a 12% lower offer ($52k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 6y ago; this cycle's ask has dropped $41k (41%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $20k; list at $59k implies a 195% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $51,920 (12.0% below list)

Questions for the listing agent

  1. It's been on market 445 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. Crime grade is D 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?
  8. 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.
  9. 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.
  10. 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
1.87%
Cap rate
16.60%
Cash-on-cash
36.80%
DSCR
2.64
GRM
4.5

CMA / ARV

ARV (median comp)
$96,479
List price
$59,000
Delta
-38.85%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
54 Selma Ave 0.14mi 2/1.0 960 (0%) 3mo $115,000 $120 91
46 Baltimore Ave 0.06mi 2/1.0 1,000 (+4%) 2mo $80,000 $80 88
37 Baltimore Ave 0.08mi 2/1.0 924 (-4%) 2mo $45,000 $49 88
53 Fairfield Ave 0.09mi 2/1.0 996 (+4%) 4mo $108,000 $108 86
33 Garland St 0.37mi 2/1.0 960 (0%) 3mo $99,000 $103 81
85 Baltimore Ave 0.08mi 3/1.5 (+1) 1,010 (+5%) 1mo $158,000 $156 80
148 Park Ave 0.48mi 2/1.0 960 (0%) 3mo $126,000 $131 75
45 Garland St 0.34mi 2/1.0 1,025 (+7%) 0mo $124,000 $121 73
50 Milton Ave 0.43mi 3/1.0 (+1) 996 (+4%) 1mo $53,000 $53 68
21 Milton Ave 0.36mi 2/1.0 850 (-12%) 2mo $79,000 $93 62
312 Arlington Pl 0.22mi 3/2.0 (+1) 1,070 (+12%) 2mo $136,000 $127 60
144 Wood Ave 0.63mi 2/2.0 1,033 (+8%) 5mo $163,000 $158 50

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
32.6%
Equity multiple
2.37×
Total profit
$22,700
Equity at exit
$8,797
10-year hold
IRR
39.7%
Equity multiple
4.71×
Total profit
$61,278
Equity at exit
$5,101

Cash invested: $16,520 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
19 active · 9 under contract
Months of supply
7.6 mo (13%/mo absorbed)
Median asking
$99,900 ($99/sqft)
Median days on market
78 d
This list price
5% of active listings are priced below it
ARV vs active asking
+1.3% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 24541

Home prices YoY
-17.1%
Active inventory
284
Price-to-rent
4.5×

Monthly cashflow live

Estimated rent
$1,102 high interval (Pro) →
Mortgage (P&I)
$309
Tax from tax record
$30 /mo · $359/yr
Insurance
$25
HOA
$0
Vacancy / Maint / Mgmt
$231
Net cashflow
$507

Break-even live

Break-even rent $461
Max offer price $59,000
Occupancy floor 49%

Sensitivity live

Price -10% $540 -5% $523 +0% $507 +5% $490 +10% $473
Rent -10% $420 -5% $463 +0% $507 +5% $550 +10% $594
Rate -1.0pp $536 -0.5pp $522 base $507 +0.5pp $491 +1.0pp $476

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
$14,750
Closing costs
$1,770
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
107 Baltimore Ave Danville, VA 2.0 1.0 902 $914 $1.01 70d 1 0.17mi
732 Hughes St Danville, VA 2.0 1.0 900 $1,800 $2.00 93d 1 0.34mi
721 Chatham Ave Unit A Danville, VA 3.0 1.0 950 $1,350 $1.42 62d 1 0.35mi
380 Juless St Danville, VA 2.0 1.0 780 $775 $0.99 93d 1 0.54mi
378 Juless St Danville, VA 2.0 1.0 780 $775 $0.99 93d 1 0.54mi
66 Carlson Ave Danville, VA 2.0 1.0 966 $1,000 $1.04 93d 1 0.74mi
317 Dudley St Danville, VA 2.0 1.0 840 $914 $1.09 70d 1 0.76mi
245 College Park Dr Danville, VA 2.0 1.0 782 $775 $0.99 70d 1 0.94mi
128 Charles St Unit 5 Danville, VA 2.0 1.0 800 $750 $0.94 70d 1 0.97mi
111 Willoughby Pl Danville, VA 2.0 1.0 700 $775 $1.11 70d 1 1.06mi
219 Montague St Danville, VA 1.0 1.0 747 $850 $1.14 93d 1 1.09mi
345 Flint St Danville, VA 2.0 1.0 888 $1,200 $1.35 93d 1 1.20mi
671 Park Ave Danville, VA 2.0 1.0 942 $1,100 $1.17 93d 1 1.50mi

Listing history 50 events

  1. 2026-07-08
    days on market $59,000 Active 445 DOM
  2. 2026-07-07
    days on market $59,000 Active 444 DOM
  3. 2026-07-06
    days on market $59,000 Active 443 DOM
  4. 2026-07-05
    days on market $59,000 Active 442 DOM
  5. 2026-07-04
    days on market $59,000 Active 441 DOM
  6. 2026-07-03
    days on market $59,000 Active 440 DOM
  7. 2026-07-02
    days on market $59,000 Active 439 DOM
  8. 2026-07-01
    days on market $59,000 Active 438 DOM
  9. 2026-06-30
    days on market $59,000 Active 437 DOM
  10. 2026-06-29
    days on market $59,000 Active 436 DOM
  11. 2026-06-28
    days on market $59,000 Active 435 DOM
  12. 2026-06-28
    days on market $59,000 Active 434 DOM
  13. 2026-06-27
    days on market $59,000 Active 433 DOM
  14. 2026-06-26
    days on market $59,000 Active 432 DOM
  15. 2026-06-22
    days on market $59,000 Active 429 DOM
  16. 2026-06-21
    days on market $59,000 Active 428 DOM
  17. 2026-06-19
    days on market $59,000 Active 426 DOM
  18. 2026-06-18
    days on market $59,000 Active 425 DOM
  19. 2026-06-17
    days on market $59,000 Active 424 DOM
  20. 2026-06-16
    days on market $59,000 Active 423 DOM
  21. 2026-06-15
    days on market $59,000 Active 422 DOM
  22. 2026-06-14
    days on market $59,000 Active 420 DOM
  23. 2026-06-13
    days on market $59,000 Active 419 DOM
  24. 2026-06-10
    days on market $59,000 Active 417 DOM
  25. 2026-06-09
    days on market $59,000 Active 416 DOM
  26. 2026-06-08
    days on market $59,000 Active 415 DOM
  27. 2026-06-07
    days on market $59,000 Active 414 DOM
  28. 2026-06-05
    days on market $59,000 Active 411 DOM
  29. 2026-06-02
    days on market $59,000 Active 409 DOM
  30. 2026-06-01
    days on market $59,000 Active 408 DOM
  31. 2026-05-31
    days on market $59,000 Active 407 DOM
  32. 2026-05-30
    days on market $59,000 Active 406 DOM
  33. 2026-05-14
    price $59,000 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  34. 2026-05-08
    price $61,500 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  35. 2026-04-15
    status Active 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  36. 2026-04-15
    price $63,500 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  37. 2026-04-02
    price $63,750 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  38. 2026-03-23
    price $64,000 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  39. 2026-03-16
    price $64,500 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  40. 2026-03-11
    price $65,000 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  41. 2026-01-13
    status Active 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  42. 2025-12-14
    price $67,900 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  43. 2025-11-24
    price $68,000 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  44. 2025-11-11
    price $69,500 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  45. 2025-11-03
    status Active 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  46. 2025-10-26
    historical Active Under Contract 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  47. 2025-10-08
    status Active 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  48. 2025-09-02
    price $74,500 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  49. 2025-08-11
    price $84,500 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

  50. 2025-07-24
    price $89,500 478-char remark
    Show marketing remark (478 chars)

    CREATIVE FINANCING AVAILABLE - Great investment opportunity to do the finishing touches, SOLID HOME, within eyeshot of Danville Caesar's Casino! Large eat-in kitchen with laundry connections, updated electrical, updated plumbing, replacement windows, HUGE covered back porch overlooking deep and level backyard, wood plank flooring throughout most of home. FULL unfinished basement with partial framing already done, private driveway leads right to basement door. Selling as-is

ⓘ 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
$359 · $30/mo
Projected year-2 tax
$484 · $40/mo
Expected delta
+$125/yr (+$10/mo · 34.9%)

ⓘ 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) · 22% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 11% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
$13,223
− Mortgage interest
−$3,305
− Property taxes
−$359
− Insurance
−$295
− Repairs & maintenance
−$1,058
− Management
−$1,058
− Depreciation
−$1,716
Taxable income
$5,433
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,304
After-tax cash flow
$4,776/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.

Condition & rehab AI · 9 photos

Fair 45/100 Moderate rehab Est. rehab $24,000–$43,200 screening

The home is in fair condition with some repairs and maintenance needed, including roof repair, exterior siding repair, and landscaping. The home has good flooring and a large covered back porch, which could be a selling point for potential buyers or renters.

Deferred maintenance Est. $40,000–$120,000 screening

  • Major Roof (roof) — The roof appears to be in poor condition with visible damage and missing shingles.
  • Major Windows (windows) — The windows appear to be old and possibly not functioning properly.
  • Major Electrical (electrical) — The interior of the house shows signs of renovation or demolition, indicating potential electrical issues.
  • Major Plumbing (plumbing) — The interior of the house shows signs of renovation or demolition, indicating potential plumbing issues.

Repairs flagged

  • Major roof — The roof appears to be in poor condition, with visible wear and tear.
  • Moderate exterior siding — The exterior siding is in fair condition, with some discoloration and wear visible.
  • Minor landscaping — The landscaping and curb appeal are in fair condition, with some overgrown vegetation and a lack of maintenance.

Value-add opportunities

  • Both repair roof — Repairing the roof will improve the overall condition of the home and increase its value for both resale and rental.
  • Both paint interior walls — Painting the interior walls will improve the appearance of the home and make it more attractive to potential buyers or renters.
  • Both landscape and maintain exterior — Landscape and maintain the exterior will improve the curb appeal of the home and make it more attractive to potential buyers or renters.

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 41/100

Zoned Schools

Elementary Schoolfield Elementary F VA #1,004/1,108 Nat'l #26,096/41,679 Middle O. Trent Bonner Middle D- VA #288/342 Nat'l #5,160/14,009 High George Washington High D VA #300/319 Nat'l #6,078/17,239

Schools (NCES district)

District
Danville City Public School District
NCES district ID
5101110
Math proficiency
30% ▼ -22.00%
Reading proficiency
44% ▼ -8.00%
Median HH income
$31,952
Composite
30.23/100
National rank
#6298
State rank
#128 of 131 in VA
B Composite livability gradescore 77/100

Livability — Danville

Score
77/100
State rank
#91
US rank
#2952

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Danville, VA
County
Danville City · 40,989 people
City population
59,055
Metro
Danville, VA
Population (ZIP)
28,042
Household income
$51,427
Rent vs Own
46.3% rent · 53.7% own
Severe rent burden
8% of renters

Population outlook (Danville County) Hauer SSP2

Today (2025)
40,989 people
By 2030
40,432 · -1.4%
By 2040
39,255 · -4.2%
By 2050
38,035 · -7.2%
By 2075
35,612 · -13.1%
By 2100
30,365 · -25.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.59)
Race & ethnicity
White 50% Black 39% Two or more races 7% Hispanic / Latino 5% Asian 2%
Common ancestry
Slovak 2% Serbian 2% Lithuanian 1%
Foreign-born
4% · Canada, Dominican Republic
Languages at home
95% English-only · Spanish 4% Other Indo-European 1%

Political lean MEDSL · Danville

2024 margin
Strong D (+21.1) · D 60.1% · R 39.0%
2008→2024 swing
+1.9pp toward D · 2008: 19.1pp · 2024: 21.1pp
All cycles
2024: D+21.1 2020: D+22.1 2016: D+19.9 2012: D+22.1 2008: D+19.1

Not yet ingested

Civics

Price history

+57.3% since first listed
25 events — show timeline
  • 2026-05-14 Price Changed $59,000 DRRAR
  • 2026-05-08 Price Changed $61,500 DRRAR
  • 2026-04-15 Relisted DRRAR
  • 2026-04-15 Price Changed $63,500 DRRAR
  • 2026-04-02 Price Changed $63,750 DRRAR
  • 2026-03-23 Price Changed $64,000 DRRAR
  • 2026-03-16 Price Changed $64,500 DRRAR
  • 2026-03-11 Price Changed $65,000 DRRAR
  • 2026-01-13 Relisted DRRAR
  • 2025-12-14 Price Changed $67,900 DRRAR
  • 2025-11-24 Price Changed $68,000 DRRAR
  • 2025-11-11 Price Changed $69,500 DRRAR
  • 2025-11-03 Relisted DRRAR
  • 2025-10-26 Contingent DRRAR
  • 2025-10-08 Relisted DRRAR
  • 2025-09-02 Price Changed $74,500 DRRAR
  • 2025-08-11 Price Changed $84,500 DRRAR
  • 2025-07-24 Price Changed $89,500 DRRAR
  • 2025-06-09 Price Changed $90,000 DRRAR
  • 2025-04-08 Listed $100,000 DRRAR
  • 2022-07-22 Sold (Public Records) $20,000 Public Records
  • 2020-03-26 Sold (Public Records) $22,000 Public Records
  • 2020-03-26 Sold (MLS) $22,000 DRRAR
  • 2020-01-31 Listed $28,000 DRRAR
  • 2004-12-29 Sold (Public Records) $37,500 Public Records

Property tax history

+6.3%/yr

Latest (2025): $359 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…