product

markets

method

711 W 27th St, Norfolk, VA 23517 — $224,900 · 2bd · ~0.7% rule | OnePercent

711 W 27th St, Norfolk, VA 23517

$224,900

Home·Norfolk 23517·711 W 27th St, Norfolk, VA 23517

Unconfirmed for 10 days — may no longer be available · −4.3% since list · seller motivation 24

711 W 27th St, Norfolk, VA 23517

2 bd · 1 ba · 860 sqft · built 1924 · Norfolk · SINGLE_FAMILY·source listing ↗

$224,900

$235,000 first listed

seller intel

Price cut

−4.3%

from $235,000

Motivation score

24/100

OnePercent model (vv1)$1,496/mo

p10–p90 confidence band

HUD Fair Market Rent · 23517 · 2BR$1,660/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Norfolk City

Flood risk indexRelatively Low FEMA NRI

Median household income$67,375

Median area rent$1,437/mo

Median home value$386,600

the verdict

0.67%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$224,900

0.67% · rent $1,496

Intrinsic value · income approach

$245,868

9% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.