Real Estate Investing in Midlothian, Virginia (23112)
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Should you buy in 23112 (Midlothian, VA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Midlothian, VA (23112)?
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Market Analysis: 23112 Midlothian
ZIP 23112 in Midlothian, VA carries a solid set of headwinds. Home values near $442K and rents of $2,183/mo sit inside a market where underwriting has to be tight.
The investment case in 23112 is sturdy only for operators who understand what they are buying. A $442K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 23112 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 23112 includes headwinds that any investor should price in. Income distribution skews lower than Midlothian averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 23112 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Midlothian:
Property Strategy for 23112
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $301,400 | $1,980 | 4.7% | +7.8% | $150,700 |
| 3BR | $359,954 | $2,480 | 5.0% | +7.9% | $119,985 |
| 4BR | $461,111 | $3,050 | 4.8% | +7.4% | $115,278 |
| 5BR | $600,483 | — | — | +7.1% | $120,097 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 23112 Compare?
| Metric | 23112 | Midlothian | Richmond, VA | Virginia |
|---|---|---|---|---|
| Home Value | $441,544 | $548,785 | N/A | $403,170 |
| 5-Year CAGR | 5.7% | 5.9% | N/A | 6.4% |
| Avg Rent | $2,183 | $2,115 | N/A | - |
| Cap Rate | 3.9% | 3.2% | - | - |
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 23112 (Midlothian, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $441,544 |
| Monthly Rent | $2,183 |
| Price-to-Rent | 16.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.9% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 23112
Population: 56,364
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 23112
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
Investor Insight: With 1,073 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Midlothian, VA?
Midlothian, VA home values average about $442K. That price point suits investors targeting rentals with $2,183/mo in monthly income.
What real estate strategy is ideal for Midlothian, VA?
Investors usually favor careful cash-flow rentals with hands-on management in Midlothian, VA. With home values at $442K and rents near $2,183/mo, other strategies can work but produce even-keeled rather than outsized returns.
How much is rent in Midlothian, VA?
The typical rental in Midlothian, VA commands about $2,183/mo monthly. That rent profile even-keeled cash flow against the $442K purchase basis.
What is the investability score for Midlothian, VA?
Midlothian, VA rates 3.0/5 for investability. With median values at $442K and rents near $2,183/mo, the market offers reasonable fundamentals for rental investors.
What is the renter demographic in Midlothian, VA?
Expect a solid tenant pool in Midlothian, VA. The rental market absorbs $2,183/mo rents without meaningful friction.
You know 23112 now. You don’t know where it ranks.
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How 23112 ranks in Richmond, VA
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