Real Estate Investing in Belle Haven, Virginia (23306)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23306 (Belle Haven, VA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 26.6% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Belle Haven, VA (23306)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 23306 Belle Haven
This part of Accomack County is not an easy win. The 23306 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
On the rental side, the numbers look inviting — $314K purchase price, 0.0% nominal cap — the work to hit that pro forma in 23306 is substantial and deserves full respect.
ZIP 23306's metrics run below Accomack County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 23306 ZIP's population of 1,122 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Belle Haven:
Market Trends
Home Value History (with trend line)
📊 How Does 23306 Compare?
| Metric | 23306 | Belle Haven | Virginia |
|---|---|---|---|
| Home Value | $314,317 | $314,317 | $403,170 |
| 5-Year CAGR | 5.1% | 5.1% | 6.4% |
| Avg Rent | $1,134 | $1,134 | - |
| Cap Rate | 2.8% | 2.8% | - |
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 23306 (Belle Haven, VA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 23306 (Belle Haven, VA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $314,317 |
| Monthly Rent | $1,134 |
| Price-to-Rent | 23.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +12.0% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (2.8%). 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 23306
Population: 1,122
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
Frequently Asked Questions
What are rental rates like in Belle Haven, VA?
Expect rents around $1,134/mo per month in Belle Haven, VA. With home values at $314K, the yield math works out to reasonable levels for rental investors.
What type of investing works in Belle Haven, VA?
For Belle Haven, VA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How strict are landlord regulations in Belle Haven, VA?
VA law landlord-friendly for landlords, and Belle Haven inherits those rules. Investors should still review local ordinances for rental licensing.
Does a duplex house hack pencil in Belle Haven, VA?
Belle Haven, VA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,134/mo rent level.
Is housing expensive in Belle Haven, VA?
In Belle Haven, VA the median home value sits at $314K. Against the broader VA market, that reads as reasonable for most investors.
You know 23306 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 23306 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.
AI Market Advisor
Ask questions about investing in 23306 (Belle Haven)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 23306 (Belle Haven, VA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.