Real Estate Investing in Aylett, Virginia (23148)
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Should you buy in 23148 (Aylett, 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.
- High vacancy: 12.6% of homes vacant — above national norms.
- Higher unemployment: 10.4% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Aylett, VA (23148)?
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Market Analysis: 23148 Aylett
Not every below-median market is a bargain. Aylett's 23148 ZIP clocks in at signals that favor experienced operators who can absorb the risk $295K pricing implies.
For an experienced owner, 23148 can be a a credible choice for hunting ground — but the discount at $295K reflects genuine risk that outside investors often underestimate.
Within VA, ZIP 23148 trails on several market indicators that neighboring King and Queen County submarkets outperform. The gap is real and durable enough to shape underwriting.
The demographic picture in 23148 includes headwinds that any investor should price in. Income distribution skews lower than Aylett averages, and tenant stability requires active management.
Strategy in 23148 is an operator game, not a passive one. On balance, entry prices of $295K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Aylett:
Market Trends
Home Value History (with trend line)
📊 How Does 23148 Compare?
| Metric | 23148 | Aylett | Richmond, VA | Virginia |
|---|---|---|---|---|
| Home Value | $295,382 | $336,493 | N/A | $403,170 |
| 5-Year CAGR | 7.1% | 6.2% | N/A | 6.4% |
| Avg Rent | $1,188 | $1,519 | N/A | - |
| Cap Rate | 3.1% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23148 (Aylett, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $295,382 |
| Monthly Rent | $1,188 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (3.1%). 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 23148
Population: 1,472
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 23148
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.
Frequently Asked Questions
Is Aylett in VA worth investing in?
Investors tracking Aylett, VA will find a 3.0/5 rating supported by $295K median home values and $1,188/mo rents. That profile suits long-term holders targeting stable returns.
How high is vacancy risk in Aylett, VA?
Vacancy risk in Aylett, VA is elevated. That supports predictable cash flow for typical rental holds.
How much rent can I charge in Aylett, VA?
Rents in Aylett, VA run near $1,188/mo. Compared with median home prices of $295K that produces solid gross yields for typical rentals.
Is VA a landlord-friendly state?
Landlord-friendliness in Aylett, VA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How strong is tenant demand in Aylett, VA?
Working renters make up the core of the Aylett, VA tenant base. The pool is reasonable for investors targeting long-term holds.
You know 23148 now. You don’t know where it ranks.
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How 23148 ranks in Richmond, VA
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