Real Estate Investing in Rockville, Virginia (23146)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Hanover County • Population: 3,300 • Data updated: September 2026

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Should you buy in 23146 (Rockville, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Rockville, VA (23146)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $563,147
Avg Monthly Rent $1,953
1% Rule ✗ Does Not Meet
Median Income $129,327
% Renters 7.1%

Market Analysis: 23146 Rockville

ZIP 23146 in Rockville, VA carries a solid set of headwinds. Home values near $563K and rents of $1,953/mo sit inside a market where underwriting has to be tight.

Rent of $1,953/mo on a $563K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 23146 sits below the stated 0.0% once reality is priced in.

Statewide comparisons place 23146 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Demographically, 23146 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Strategically, 23146 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Rockville:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.4× the median income
Value Trend
Rising (+8.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,953/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Richmond, VA Metro Area
Even conditions for buyers and sellers
31 days
Average time to sell
Average
11.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Richmond, VA metro data
🏠

Property Strategy for 23146

Which property type performs best in this market?

Best for Cash Flow
3BR
4.2% cap rate
Best for Appreciation
4BR
+7.1% 5yr CAGR
Best Overall Value
3BR
$156,779/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $470,336 $2,720 4.2% +6.9% $156,779
4BR $665,233 $3,350 3.6% +7.1% $166,308
5BR $835,441 +6.9% $167,088

Market Trends

Home Value History (with trend line)

$587K$518K$449K$379K$310K$241KJul 2006Jul 2016Jul 2026

📊 How Does 23146 Compare?

Metric 23146 Rockville Richmond, VA Virginia
Home Value $563,147 $563,147 N/A $403,170
5-Year CAGR 5.7% 5.7% N/A 6.4%
Avg Rent $1,953 $1,953 N/A -
Cap Rate 2.7% 2.7% - -
💡 Why Invest in 23146? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 23146 (Rockville, VA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+5.7%
Moderate

📉 Market Crash Risk Index

Based on Richmond, VA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
29%
Days Pending
0/2
31 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $563,147
Monthly Rent $1,953
Price-to-Rent 24.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.7%
5-Year IRR 8.4%

📈 Home Appreciation

1-Year +8.7% ▲
3-Year CAGR +7.0% ▲
5-Year CAGR +5.7% ▲
10-Year CAGR +5.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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.

Vacancy
3.2%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 23146

Population: 3,300

💰 Median Household Income
$129,327
This area
$129,327
State
$80,295
USA
$74,580
🏠 Renter Occupied
7.1%
This area
7.1%
State
25.7%
USA
34.0%
💼 Unemployment Rate
1.8%
This area
1.8%
State
-18.5%
USA
3.7%
🎓 College Educated
51.9%
This area
51.9%
State
4.0%
USA
33.7%
👤 Median Age
50.3 years
This area
50.3 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
3.2%
This area
3.2%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 86.2%
Black/African American 5.9%
Other/Mixed 5.4%
Asian 2.6%
Hispanic/Latino 1.2%
👶 Under 18
19.4%
This area
19.4%
USA
22.0%
👴 65 and Over
20.6%
This area
20.6%
USA
17.3%
📊 Poverty Rate
0.8%
This area
0.8%
USA
11.5%

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

8 Nearby 1,209 Off-Campus Students
D
South University-Richmond
417 students · 8.2 mi
D
Empire Beauty School-Richmond
70 students · 10.8 mi
D
Henrico County-Saint Marys Hospital School of Practical Nursing
79 students · 11.6 mi
C
Lotus Professional College
161 students · 11.7 mi
C+
Randolph-Macon College
1,523 students · 12.8 mi
C
Institute of Advanced Medical Esthetics
37 students · 12.9 mi
B+
University of Richmond
3,776 students · 13.9 mi
C
J Sargeant Reynolds Community College
7,707 students · 14.3 mi

Investor Insight: With 1,209 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the average home sale price in Rockville, VA?

Typical homes in Rockville, VA go for around $563K. The 5-year CAGR of 0.0% reliable price movement.

Is Rockville, VA a good place for real estate investing?

Yes - Rockville, VA a 3.0/5 investability score. With $563K home prices against $1,953/mo monthly rent, the market delivers a reasonable entry point for new investors.

What is the smart move for investors in Rockville, VA?

In Rockville, VA the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $563K prices and $1,953/mo rents suits that approach.

Does house hacking make sense in Rockville, VA?

House hacking works a challenging in Rockville, VA. Rents of $1,953/mo against $563K acquisition make the strategy solid for owner-occupants.

Is Rockville, VA landlord-friendly?

VA ranks as a landlord-friendly state for landlord-tenant law. Rockville generally follows the statewide framework, so landlords face reasonable operating rules.

You know 23146 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 23146 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.

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How 23146 ranks in Richmond, VA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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