Real Estate Investing in Mattaponi, Virginia (23110)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23110 (Mattaponi, VA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 9.9% vacancy may signal weakening demand.
• 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 Mattaponi, VA (23110)?
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Market Analysis: 23110 Mattaponi
Investors eyeing 23110 need to respect the fundamentals at play. Home values of $303K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 23110 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 23110 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
On balance, 706 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 23110 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Mattaponi:
Market Trends
Home Value History (with trend line)
📊 How Does 23110 Compare?
| Metric | 23110 | Mattaponi | Richmond, VA | Virginia |
|---|---|---|---|---|
| Home Value | $303,199 | $303,199 | N/A | $403,170 |
| 5-Year CAGR | N/A | N/A | N/A | 6.4% |
| Avg Rent | $1,125 | $1,125 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23110 (Mattaponi, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $303,199 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +8.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (2.9%). 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 23110
Population: 706
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 23110
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 quickly do rentals get leased in Mattaponi, VA?
Vacancy in Mattaponi, VA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,125/mo.
What strategy should investors use in Mattaponi, VA?
Most investors in Mattaponi, VA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
Is Mattaponi, VA a smart market for rental property?
Yes - Mattaponi, VA a 2.0/5 investability score. With $303K home prices against $1,125/mo monthly rent, the market delivers a reasonable entry point for new investors.
Does a duplex house hack pencil in Mattaponi, VA?
House hacking works a challenging in Mattaponi, VA. Rents of $1,125/mo against $303K acquisition make the strategy solid for owner-occupants.
What do landlords charge for rent in Mattaponi, VA?
The typical rental in Mattaponi, VA commands about $1,125/mo monthly. That rent profile steady cash flow against the $303K purchase basis.
You know 23110 now. You don’t know where it ranks.
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How 23110 ranks in Richmond, VA
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