Off MarketExcellent Deal346 days on market
622 N Main St
622 N Main St, South Boston, VA 24592, South Boston, VA 24592
$121,000
Estimate®:$177,200$56,200 Under Market
Listing Price
622 N Main St, South Boston, VA 24592
Loc: South Boston, VA
Days Listed
346
Tax Assessed
$124k
Estimate®
$177k
32% Under Valued
Lot Size
0.33 acres
Rent Estimate
$1,812/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
1.4 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
Victorianhistoricwrap-around porchbrick foundationdormer windowgabled roofspacious front yardresidentialtraditional architecturewell-maintainedasphalt roofsuburbancharm
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
12.00%
Total ROI
219.8%
Cash Flow
$583/mo
DSCR
1.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $583/mo net cash flow with a 12.0% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (12.0%)
- • 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
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2025-10-28 | Sold | $120,450 | $39 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $620.59 | $124,118 |
| 2024 | $620.59 | $124,118 |
| 2023 | $466.03 | $93,205 |
| 2022 | $463.76 | $92,752 |
| 2021 | $463.76 | $92,752 |
| 2020 | $463.76 | $92,752 |
| 2019 | $462.65 | $92,530 |
| 2018 | $444.14 | $92,530 |
| 2016 | $392.27 | $81,722 |
| 2015 | $375.92 | $81,722 |
| 2014 | $375.92 | $81,722 |
| 2013 | $378.94 | $84,209 |
| 2012 | $378.94 | $84,209 |
| 2010 | $392.36 | $91,247 |
Similar Properties Nearby
Explore other investment opportunities in South Boston.