Real Estate Investing in Tappahannock, Virginia (22560)

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

Essex County • Population: 6,523 • Data updated: September 2026

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Should you buy in 22560 (Tappahannock, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

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: 21.0% 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 Tappahannock, VA (22560)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $306,800
Avg Monthly Rent $1,080
1% Rule ✗ Does Not Meet
Median Income $49,631
% Renters 38.6%

Market Analysis: 22560 Tappahannock

Not every below-median market is a bargain. Tappahannock's 22560 ZIP posts signals that favor experienced operators who can absorb the risk $307K pricing implies.

For an experienced owner, 22560 can be a a strong candidate for hunting ground — but the discount at $307K reflects genuine risk that outside investors often underestimate.

In the broader VA picture, 22560 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Demographically, 22560 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Distressed ZIPs reward experience. substantial returns are possible in 22560, 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 Tappahannock:

C Below Average
Buy Confidence Score: 55/100
Affordability
5/25
Appreciation
18/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.2× the median income
Value Trend
Stable (+1.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,080/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.
⚖️
BALANCED MARKET
Richmond, VA Metro Area
Even conditions for buyers and sellers
31 days
Average time to sell
Average
11.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Richmond, VA metro data
🏠

Property Strategy for 22560

Which property type performs best in this market?

Best for Cash Flow
2BR
3.9% cap rate
Best for Appreciation
2BR
+8.1% 5yr CAGR
Best Overall Value
3BR
$99,149/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $222,008 $1,200 3.9% +8.1% $111,004
3BR $297,447 $1,490 3.6% +7.4% $99,149
4BR $399,333 $1,870 3.4% +7.1% $99,833

Market Trends

Home Value History (with trend line)

$322K$288K$254K$219K$185K$151KApr 2009Dec 2017Jul 2026

📊 How Does 22560 Compare?

Metric 22560 Tappahannock Richmond, VA Virginia
Home Value $306,800 $306,800 N/A $403,170
5-Year CAGR 4.9% 4.9% N/A 6.4%
Avg Rent $1,080 $1,080 N/A -
Cap Rate 2.8% 2.8% - -
💡 Why Invest in 22560? Click to expand

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

A healthy rental market with 39% 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 22560 (Tappahannock, VA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+4.9%
Moderate

📉 Market Crash Risk Index

Based on Richmond, VA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
29%
Days Pending
0/2
31 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $306,800
Monthly Rent $1,080
Price-to-Rent 23.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.8%
5-Year IRR 7.6%

📈 Home Appreciation

1-Year +1.3% ▲
3-Year CAGR +2.2% ▲
5-Year CAGR +4.9% ▲
10-Year CAGR +5.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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
21.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.9%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 22560

Population: 6,523

💰 Median Household Income
$49,631
This area
$49,631
State
$80,295
USA
$74,580
🏠 Renter Occupied
38.6%
This area
38.6%
State
25.7%
USA
34.0%
💼 Unemployment Rate
5.8%
This area
5.8%
State
-18.5%
USA
3.7%
🎓 College Educated
14.8%
This area
14.8%
State
4.0%
USA
33.7%
👤 Median Age
46.2 years
This area
46.2 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
21.0%
This area
21.0%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
Black/African American 47.0%
White 46.1%
Other/Mixed 6.3%
Hispanic/Latino 1.4%
Asian 0.6%
👶 Under 18
19.5%
This area
19.5%
USA
22.0%
👴 65 and Over
22.2%
This area
22.2%
USA
17.3%
📊 Poverty Rate
12.6%
This area
12.6%
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

🎓 Schools in 22560

B+ Avg School Grade
4 Schools
13.2:1 Avg Class Size
$16,660 Avg Per Pupil

Schools in This ZIP Code

A Very Good

James H. Cary Intermediate

📚 05 – 08 School
👥
331 Students
👨‍🏫
11.4:1 Class Size
💰
$16,660 Per Student
A Very Good

Essex High

📚 09 – 12 High School
👥
410 Students
👨‍🏫
14.1:1 Class Size
💰
$16,660 Per Student
A Very Good

Tappahannock Elementary

📚 Pre-K – 04 Elementary
👥
422 Students
👨‍🏫
14.1:1 Class Size
💰
$16,660 Per Student
C Below Average

Chesapeake Bay Governor's School

📚 Grade N Elementary Limited Data
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

What is the typical home price in Tappahannock, VA?

Tappahannock, VA median home values land near $307K. That is reasonable territory for investors looking at $1,080/mo-per-month rentals.

What strategy should investors use in Tappahannock, VA?

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

Is Tappahannock, VA a smart market for rental property?

Investors tracking Tappahannock, VA will find a 3.0/5 rating supported by $307K median home values and $1,080/mo rents. That profile suits long-term holders targeting predictable returns.

Is Tappahannock, VA a good market for FHA house hackers?

The a challenging house-hack environment in Tappahannock, VA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Are renters plentiful in Tappahannock, VA?

Tenant demand in Tappahannock, VA is solid. The local workforce $1,080/mo rents across most rental classes.

You know 22560 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 22560 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 22560 ranks in Richmond, VA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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