Real Estate Investing in Mount Solon, Virginia (22843)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 22843 (Mount Solon, VA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 29.8 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mount Solon, VA (22843)?
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Market Analysis: 22843 Mount Solon
ZIP 22843 inside Augusta County looks affordable on the surface — median value of $373K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $1,044/mo on a $373K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 22843 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 22843 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 22843 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 22843 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Mount Solon:
Market Trends
Home Value History (with trend line)
📊 How Does 22843 Compare?
| Metric | 22843 | Mount Solon | Staunton, VA | Virginia |
|---|---|---|---|---|
| Home Value | $372,897 | $372,897 | N/A | $403,170 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 6.4% |
| Avg Rent | $1,044 | $1,044 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 22843 (Mount Solon, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $372,897 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 29.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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.
Demographics in 22843
Population: 2,870
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 22843
Schools in This ZIP Code
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How does Mount Solon, VA stack up for property investment?
With a 3.0/5 investability score, Mount Solon, VA ranks as a solid market for rental property investors. Median prices of $373K and rents of $1,044/mo drive the underlying numbers.
Do landlords face vacancy issues in Mount Solon, VA?
Occupancy in Mount Solon, VA runs even-keeled with elevated vacancy. Well-priced units at $1,044/mo lease on reasonable timelines.
Is Mount Solon, VA good for landlords?
Rental owners in Mount Solon, VA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the smart move for investors in Mount Solon, VA?
A careful cash-flow rentals with hands-on management strategy Mount Solon, VA best. The market produces steady results for that approach at the $373K price point.
How much do tenants pay in Mount Solon, VA?
The typical rental in Mount Solon, VA commands about $1,044/mo monthly. That rent profile stable cash flow against the $373K purchase basis.
You know 22843 now. You don’t know where it ranks.
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How 22843 ranks in Staunton, VA
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