Systems and methods for performing single I/O writes are provided. According to one embodiment, responsive to receipt of a write operation from a client by a file system layer of a node of a distributed storage system and a data payload of the operation having been determined to meet a compressibility threshold, an intermediate storage layer of the node logically interposed between the file system layer and a block storage media is caused to perform a single input/output (I/O) write operation that persists the compressed data payload and corresponding metadata to support asynchronous journaling of the write operation. The single I/O write operation coupled with the use of a new pool file that maintains a list of available blocks for single I/O write operations and a modified node crash recovery approach allows the write operation to be acknowledged to the client while the journaling is performed asynchronously.