Real Estate Investing in Barhamsville, Virginia (23011)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23011 (Barhamsville, 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: 10.7% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 25.6 — 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 Barhamsville, VA (23011)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 23011 Barhamsville
The 23011 ZIP in Barhamsville, VA is a local-operator market. Outside capital chasing a $460K entry has to pair deep knowledge with the discount.
Looking more closely, the numbers look inviting — $460K purchase price, 0.0% nominal cap — the work to hit that pro forma in 23011 is substantial and deserves full respect.
In the broader VA picture, 23011 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 23011 ZIP's population of 1,596 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
The 23011 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 Barhamsville:
Market Trends
Home Value History (with trend line)
📊 How Does 23011 Compare?
| Metric | 23011 | Barhamsville | Richmond, VA | Virginia |
|---|---|---|---|---|
| Home Value | $459,733 | $459,733 | N/A | $403,170 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 6.4% |
| Avg Rent | $1,494 | $1,494 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23011 (Barhamsville, VA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 23011 (Barhamsville, VA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $459,733 |
| Monthly Rent | $1,494 |
| Price-to-Rent | 25.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (2.5%). 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.
Demographics in 23011
Population: 1,596
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
Frequently Asked Questions
Is real estate in Barhamsville, VA a good investment right now?
Barhamsville, VA rates 3.0/5 for investability. With median values at $460K and rents near $1,494/mo, the market offers reasonable fundamentals for rental investors.
What is the typical rental rate in Barhamsville, VA?
Investors in Barhamsville, VA typically see rents near $1,494/mo per month against $460K home values - a solid setup for rental cash flow.
Which investment style suits Barhamsville, VA?
Investors usually favor careful cash-flow rentals with hands-on management in Barhamsville, VA. With home values at $460K and rents near $1,494/mo, other strategies can work but produce stable rather than outsized returns.
Is it easy to find good tenants in Barhamsville, VA?
Tenant demand in Barhamsville, VA is solid. The local workforce $1,494/mo rents across most rental classes.
What are vacancy rates like in Barhamsville, VA?
Barhamsville, VA sees elevated vacancy, which is reasonable relative to the broader VA rental market.
You know 23011 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 23011 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.
How 23011 ranks in Richmond, VA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 23011 (Barhamsville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 23011 (Barhamsville, VA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.