Real Estate Investing in Irvington, Virginia (22480)

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

Lancaster County • Population: 875 • Data updated: September 2026

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Should you buy in 22480 (Irvington, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

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
2 flags
  • High vacancy: 27.3% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 44.8 — hard to cash-flow at these prices.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Irvington, VA (22480)?

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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 $488,158
Avg Monthly Rent $909
1% Rule ✗ Does Not Meet
Median Income $63,036
% Renters 42.9%

Market Analysis: 22480 Irvington

Investors eyeing 22480 need to respect the fundamentals at play. Home values of $488K come alongside slower price movement and elevated management overhead.

For an experienced owner, 22480 can be a an appealing option for hunting ground — but the discount at $488K reflects genuine risk that outside investors often underestimate.

Within VA, ZIP 22480 trails on several market indicators that neighboring Lancaster County submarkets outperform. The gap is real and healthy enough to shape underwriting.

The demographic picture in 22480 includes headwinds that any investor should price in. Income distribution skews lower than Irvington averages, and tenant stability requires active management.

Strategy in 22480 is an operator game, not a passive one. From an investor standpoint, entry prices of $488K are inviting, the management lift is real and non-optional.

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 Irvington:

C Below Average
Buy Confidence Score: 57/100
Affordability
5/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7.7× the median income
Value Trend
Rising (+5.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $909/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$503K$459K$416K$372K$328K$284KJul 2006Jul 2016Jul 2026

📊 How Does 22480 Compare?

Metric 22480 Irvington Virginia
Home Value $488,158 $488,158 $403,170
5-Year CAGR 6.2% 6.2% 6.4%
Avg Rent $909 $909 -
Cap Rate 1.5% 1.5% -
💡 Why Invest in 22480? Click to expand

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

A healthy rental market with 43% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 22480 (Irvington, VA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
1.5%
Low
5yr Growth
+6.2%
Strong

📊 Market Snapshot

Home Value $488,158
Monthly Rent $909
Price-to-Rent 44.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.2%
Cap Rate 1.5%
5-Year IRR 7.6%

📈 Home Appreciation

1-Year +5.5% ▲
3-Year CAGR +4.7% ▲
5-Year CAGR +6.2% ▲
10-Year CAGR +4.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.5%). 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
27.3%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.2%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 22480

Population: 875

💰 Median Household Income
$63,036
This area
$63,036
State
$80,295
USA
$74,580
🏠 Renter Occupied
42.9%
This area
42.9%
State
25.7%
USA
34.0%
💼 Unemployment Rate
0.5%
This area
0.5%
State
-18.5%
USA
3.7%
🎓 College Educated
67.6%
This area
67.6%
State
4.0%
USA
33.7%
👤 Median Age
70.4 years
This area
70.4 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
27.3%
This area
27.3%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 97.3%
Other/Mixed 2.4%
Hispanic/Latino 0.6%
Asian 0.2%
👶 Under 18
6.4%
This area
6.4%
USA
22.0%
👴 65 and Over
58.9%
This area
58.9%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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

🎓 Nearby Colleges & Universities

1 Nearby 318 Off-Campus Students
C
Rappahannock Community College
2,767 students · 13.4 mi

Frequently Asked Questions

Do rentals sit vacant long in Irvington, VA?

Irvington, VA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How do experienced investors play Irvington, VA?

For Irvington, VA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

How much do tenants pay in Irvington, VA?

The typical rental in Irvington, VA commands about $909/mo monthly. That rent profile stable cash flow against the $488K purchase basis.

Does a duplex house hack pencil in Irvington, VA?

House hacking works a challenging in Irvington, VA. Rents of $909/mo against $488K acquisition make the strategy solid for owner-occupants.

How does Irvington, VA rate as a rental market?

Investors tracking Irvington, VA will find a 3.0/5 rating supported by $488K median home values and $909/mo rents. That profile suits long-term holders targeting stable returns.

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