Real Estate Investing in Oak Hall, Virginia (23416)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23416 (Oak Hall, VA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 76.1% of homes vacant — above national norms.
- Higher unemployment: 55.6% unemployment — tenant risk signal.
• 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 Oak Hall, VA (23416)?
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Market Analysis: 23416 Oak Hall
Investors eyeing 23416 need to respect the fundamentals at play. Home values of $164K come alongside slower price movement and elevated management overhead.
The investment case in 23416 is impressive only for operators who understand what they are buying. A $164K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Stepping back, 23416 offers a low basis, the region around Oak Hall has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 23416 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 23416 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 Oak Hall:
Market Trends
Home Value History (with trend line)
📊 How Does 23416 Compare?
| Metric | 23416 | Oak Hall | Virginia |
|---|---|---|---|
| Home Value | $163,814 | $163,814 | $403,170 |
| 5-Year CAGR | N/A | N/A | 6.4% |
| Avg Rent | $972 | $972 | - |
| Cap Rate | 4.6% | 4.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23416 (Oak Hall, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $163,814 |
| Monthly Rent | $972 |
| Price-to-Rent | 14.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 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 (4.6%). 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 23416
Population: 96
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 23416
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
What price range are homes in Oak Hall, VA?
In Oak Hall, VA the median home value sits at $164K. Against the broader VA market, that reads as reasonable for most investors.
Is rental property easy to operate in Oak Hall, VA?
VA law landlord-friendly for landlords, and Oak Hall inherits those rules. Investors should still review local ordinances for rental licensing.
Is it easy to find good tenants in Oak Hall, VA?
Tenant quality in Oak Hall, VA ranks as solid. Landlords generally report even-keeled occupancy at market rents of $972/mo.
Is house hacking profitable in Oak Hall, VA?
The a challenging house-hack environment in Oak Hall, VA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What kind of market is Oak Hall, VA for investors?
Oak Hall, VA rates 2.0/5 for investability. With median values at $164K and rents near $972/mo, the market offers reasonable fundamentals for rental investors.
You know 23416 now. You don’t know where it ranks.
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