Real Estate Investing in Farnham, Virginia (22460)

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

Richmond County • Population: 1,797 • Data updated: September 2026

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Should you buy in 22460 (Farnham, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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: 27.8% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Farnham, VA (22460)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $244,800
Avg Monthly Rent $1,116
1% Rule ✗ Does Not Meet
Median Income $61,541
% Renters 14.7%

Market Analysis: 22460 Farnham

The 22460 ZIP covers a section of Farnham that demands careful diligence. Prices near $245K look accessible, but the work to make a deal cash flow is real.

For an experienced owner, 22460 can be a a strong candidate for hunting ground — but the discount at $245K reflects genuine risk that outside investors often underestimate.

Within VA, ZIP 22460 trails on several market indicators that neighboring Richmond County submarkets outperform. The gap is real and notable enough to shape underwriting.

The demographic picture in 22460 includes headwinds that any investor should price in. Income distribution skews lower than Farnham averages, and tenant stability requires active management.

Distressed ZIPs reward experience. substantial returns are possible in 22460, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Farnham:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4× the median income
Value Trend
Rising (+7.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,116/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 22460

Which property type performs best in this market?

Best for Cash Flow
2BR
4.9% cap rate
Best for Appreciation
3BR
+8.4% 5yr CAGR
Best Overall Value
3BR
$83,597/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $182,975 $1,240 4.9% +7.7% $91,488
3BR $250,791 $1,570 4.5% +8.4% $83,597
4BR $394,585 $1,960 3.6% +7.8% $98,646

Market Trends

Home Value History (with trend line)

$258K$228K$199K$169K$140K$110KJun 2011Jan 2019Jul 2026

📊 How Does 22460 Compare?

Metric 22460 Farnham Virginia
Home Value $244,800 $244,800 $403,170
5-Year CAGR 6.5% 6.5% 6.4%
Avg Rent $1,116 $1,116 -
Cap Rate 3.6% 3.6% -
💡 Why Invest in 22460? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 22460 (Farnham, VA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+6.5%
Strong

📊 Market Snapshot

Home Value $244,800
Monthly Rent $1,116
Price-to-Rent 18.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.5%
Cap Rate 3.6%
5-Year IRR 10.1%

📈 Home Appreciation

1-Year +7.6% ▲
3-Year CAGR +5.8% ▲
5-Year CAGR +6.5% ▲
10-Year CAGR +6.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
27.8%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.5%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 22460

Population: 1,797

💰 Median Household Income
$61,541
This area
$61,541
State
$80,295
USA
$74,580
🏠 Renter Occupied
14.7%
This area
14.7%
State
25.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-18.5%
USA
3.7%
🎓 College Educated
19.8%
This area
19.8%
State
4.0%
USA
33.7%
👤 Median Age
47.7 years
This area
47.7 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
27.8%
This area
27.8%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 60.6%
Black/African American 26.9%
Other/Mixed 12.5%
Hispanic/Latino 11.7%
👶 Under 18
22.0%
This area
22.0%
USA
22.0%
👴 65 and Over
20.0%
This area
20.0%
USA
17.3%
📊 Poverty Rate
5.7%
This area
5.7%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

Frequently Asked Questions

How much rent can I charge in Farnham, VA?

Farnham, VA rentals go for roughly $1,116/mo a month. That puts gross yield in solid territory relative to $245K acquisition costs.

How strong is the working-renter base in Farnham, VA?

Tenant demand in Farnham, VA is solid. The local workforce $1,116/mo rents across most rental classes.

Is Farnham in VA worth investing in?

Investors tracking Farnham, VA will find a 3.0/5 rating supported by $245K median home values and $1,116/mo rents. That profile suits long-term holders targeting measured returns.

How high is vacancy risk in Farnham, VA?

Vacancy risk in Farnham, VA is elevated. That supports stable cash flow for typical rental holds.

Can I house hack in Farnham, VA?

Farnham, VA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $245K price point reasonable to enter.

You know 22460 now. You don’t know where it ranks.

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