For SaleExcellent Deal19 days on market
312 Johnston St
312 Johnston St, South Boston, VA 24592, South Boston, VA 24592
$25,000
Estimate®:$71,300$46,300 Under Market
Listing Price
312 Johnston St, South Boston, VA 24592
Loc: South Boston, VA
Days Listed
19
Tax Assessed
$68k
Estimate®
$71k
65% Under Valued
Lot Size
7,841 sqft
Rent Estimate
$1,434/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
South Boston Elementary School
K-5
1.6 mi away
5
Halifax County Middle School
6-8
1.9 mi away
3
Halifax County High School
9-12
2.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
traditionaltwo-storyvinyl sidinggabled roofcovered porchresidentialsimplefixer-upperfoundationexteriorsuburbangrass lawnutility unit
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
45.98%
Total ROI
958.3%
Cash Flow
$828/mo
DSCR
7.38
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $828/mo net cash flow with a 46.0% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (46.0%)
- • Strong rental demand in South Boston
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $338.97 | $67,793 |
| 2024 | $338.97 | $67,793 |
| 2023 | $305.69 | $61,137 |
| 2022 | $305.69 | $61,137 |
| 2021 | $280.08 | $56,016 |
| 2020 | $280.08 | $56,016 |
| 2019 | $280.08 | $56,016 |
| 2018 | $268.88 | $56,016 |
| 2016 | $275.36 | $57,366 |
| 2015 | $263.88 | $57,366 |
| 2014 | $263.88 | $57,366 |
| 2013 | $268.41 | $59,646 |
| 2012 | $268.41 | $59,646 |
| 2010 | $280.82 | $65,308 |
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