Real Estate Investing in Callao, Virginia

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 2,447 • Northumberland County

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Should you buy in Callao, VA? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (53/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 27.4% of homes vacant — above national norms.

What’s happening in Callao, VA?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $243,062
Avg Monthly Rent $1,125
ZIP Codes 1

Investing in Callao Real Estate

Callao in Virginia is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

The investment case for Callao is difficult to make on screen data alone. a harder case for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

plainly Callao's sale market has not rewarded patience. a challenging fit for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Distressed-leaning demographics in Callao — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$243,062
Avg Monthly Rent
$1,125
1% Rule
✗ Below
Landlord Friendly (VA)

ZIP Codes in Callao, VA

Screen every ZIP in Callao

Filter Callao’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Callao, VA

How does Callao, VA rate as a rental market?

Callao, VA rates 3.0/5 for investability. With median values at $243K and rents near $1,125/mo, the market offers reasonable fundamentals for rental investors.

Are there empty rentals in Callao, VA?

Callao, VA sees elevated vacancy, which is reasonable relative to the broader VA rental market.

How strong are rents in Callao, VA?

The typical rental in Callao, VA commands about $1,125/mo monthly. That rent profile steady cash flow against the $243K purchase basis.

Which investment style suits Callao, VA?

Investors usually favor careful cash-flow rentals with hands-on management in Callao, VA. With home values at $243K and rents near $1,125/mo, other strategies can work but produce stable rather than outsized returns.

Is the tenant base reliable in Callao, VA?

The renter base in Callao, VA is reasonable for the $1,125/mo price point. Screening well and pricing to market typically yields reliable tenants.

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