Real Estate Investing in Suffolk, Virginia (23436)

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

Suffolk City • Population: 873 • Data updated: September 2026

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Should you buy in 23436 (Suffolk, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (84/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 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.

• 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 Suffolk, VA (23436)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $524,098
Avg Monthly Rent $1,926
1% Rule ✗ Does Not Meet
Median Income $185,063
% Renters 2.6%

Market Analysis: 23436 Suffolk

Not every below-median market is a bargain. Suffolk's 23436 ZIP sits at signals that favor experienced operators who can absorb the risk $524K pricing implies.

The investment case in 23436 is durable only for operators who understand what they are buying. A $524K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

On the rental side, 23436 offers a low basis, the region around Suffolk has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Resident income in 23436 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Strategy in 23436 is an operator game, not a passive one. Turning to rents, entry prices of $524K are inviting, the management lift is real and non-optional.

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 Suffolk:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.8× the median income
Value Trend
Stable (+2.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,926/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.
🏠

Property Strategy for 23436

Which property type performs best in this market?

Best for Cash Flow
3BR
4.9% cap rate
Best for Appreciation
4BR
+7.2% 5yr CAGR
Best Overall Value
3BR
$146,135/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $438,406 $2,970 4.9% +6.4% $146,135
4BR $635,797 $3,500 4.0% +7.2% $158,949

Market Trends

Home Value History (with trend line)

$542K$489K$437K$384K$331K$278KJul 2006Jul 2016Jul 2026

📊 How Does 23436 Compare?

Metric 23436 Suffolk Virginia
Home Value $524,098 $438,534 $403,170
5-Year CAGR 4.7% 5.5% 6.4%
Avg Rent $1,926 $1,778 -
Cap Rate 2.9% 3.2% -
💡 Why Invest in 23436? 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 →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 23436 (Suffolk, VA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.9%
Low
5yr Growth
+4.7%
Moderate

📊 Market Snapshot

Home Value $524,098
Monthly Rent $1,926
Price-to-Rent 22.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.4%
Cap Rate 2.9%
5-Year IRR 7.5%

📈 Home Appreciation

1-Year +2.0% ▲
3-Year CAGR +3.6% ▲
5-Year CAGR +4.7% ▲
10-Year CAGR +5.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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.

Vacancy
3.3%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 23436

Population: 873

💰 Median Household Income
$185,063
This area
$185,063
State
$80,295
USA
$74,580
🏠 Renter Occupied
2.6%
This area
2.6%
State
25.7%
USA
34.0%
💼 Unemployment Rate
0.6%
This area
0.6%
State
-18.5%
USA
3.7%
🎓 College Educated
41.3%
This area
41.3%
State
4.0%
USA
33.7%
👤 Median Age
53.2 years
This area
53.2 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
3.3%
This area
3.3%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 62.8%
Black/African American 33.2%
Other/Mixed 2.6%
Asian 1.4%
👶 Under 18
20.2%
This area
20.2%
USA
22.0%
👴 65 and Over
21.4%
This area
21.4%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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 6,140 Off-Campus Students
C+
Riverside College of Health Careers
325 students · 10.1 mi
C
Asher Institute of Hampton
118 students · 10.2 mi
C+
Old Dominion University
22,541 students · 11.2 mi
B
Christopher Newport University
4,503 students · 11.6 mi
C
Eastern Virginia Medical School
1,235 students · 11.7 mi
C
Tidewater Community College
15,912 students · 12.4 mi
C
Virginia Peninsula Community College
6,127 students · 12.6 mi
C+
Hampton University
3,649 students · 12.7 mi

Investor Insight: With 6,140 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What price range are homes in Suffolk, VA?

The median home value in Suffolk, VA is roughly $524K. That puts it reasonable relative to the VA statewide average.

Is Suffolk, VA good for house hacking?

The house hack math a challenging in Suffolk, VA. Owner-occupant buyers benefit from the $1,926/mo rents and $524K home values.

Are eviction rules reasonable in Suffolk, VA?

Suffolk, VA falls under VA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

What are rental rates like in Suffolk, VA?

Rental rates in Suffolk, VA average $1,926/mo. Tenant demand and $524K home values make the yield look reasonable by investor standards.

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

Suffolk, VA posts an investability rating of 3.0/5, with median home values near $524K and average rents around $1,926/mo. That combination puts it in the healthy tier for investor interest.

You know 23436 now. You don’t know where it ranks.

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How 23436 ranks in Virginia Beach-Norfolk-Newport News, VA-NC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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