Real Estate Investing in Beaverdam, Virginia (23015)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23015 (Beaverdam, 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: 11.2% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 28.8 — 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 Beaverdam, VA (23015)?
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Market Analysis: 23015 Beaverdam
ZIP 23015 in Beaverdam, VA carries a impressive set of headwinds. Home values near $430K and rents of $1,242/mo sit inside a market where underwriting has to be tight.
The investment case in 23015 is healthy only for operators who understand what they are buying. A $430K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader VA picture, 23015 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 23015 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. substantial returns are possible in 23015, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Beaverdam:
Property Strategy for 23015
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $247,566 | $1,380 | 4.0% | +6.9% | $123,783 |
| 3BR | $394,519 | $1,840 | 3.4% | +6.6% | $131,506 |
| 4BR | $584,383 | $2,190 | 2.7% | +6.5% | $146,096 |
Market Trends
Home Value History (with trend line)
📊 How Does 23015 Compare?
| Metric | 23015 | Beaverdam | Richmond, VA | Virginia |
|---|---|---|---|---|
| Home Value | $429,655 | $429,655 | N/A | $403,170 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 6.4% |
| Avg Rent | $1,242 | $1,242 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
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 23015 (Beaverdam, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $429,655 |
| Monthly Rent | $1,242 |
| Price-to-Rent | 28.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (2.3%). 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 23015
Population: 4,384
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 23015
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
Where do home prices stand in Beaverdam, VA?
Beaverdam, VA home values average about $430K. That price point suits investors targeting rentals with $1,242/mo in monthly income.
What is the rental occupancy rate in Beaverdam, VA?
Occupancy in Beaverdam, VA runs even-keeled with elevated vacancy. Well-priced units at $1,242/mo lease on reasonable timelines.
What kind of tenants rent in Beaverdam, VA?
Beaverdam, VA offers a steady renter base at the $1,242/mo rent level. Tenant turnover is reasonable for well-managed properties.
Does house hacking make sense in Beaverdam, VA?
House hacking in Beaverdam, VA is reasonable to execute. Prices around $430K and rents of $1,242/mo solid owner-occupant economics.
Is Beaverdam, VA a friendly market for rental owners?
Beaverdam, VA falls under VA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 23015 now. You don’t know where it ranks.
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How 23015 ranks in Richmond, VA
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Community Ratings
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