Real Estate Investing in Carson, Virginia (23830)

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

Dinwiddie County • Population: 1,471 • Data updated: September 2026

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Should you buy in 23830 (Carson, 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 Carson, VA (23830)?

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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 $347,065
Avg Monthly Rent $1,386
1% Rule ✗ Does Not Meet
Median Income $109,207
% Renters 4.0%

Market Analysis: 23830 Carson

This part of Dinwiddie County is not an easy win. The 23830 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The investment case in 23830 is robust only for operators who understand what they are buying. A $347K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Within VA, ZIP 23830 trails on several market indicators that neighboring Dinwiddie County submarkets outperform. The gap is real and substantial enough to shape underwriting.

Employment concentration in 23830 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The right play in 23830 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

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 Carson:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Rising (+6.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,386/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 23830

Which property type performs best in this market?

Best for Cash Flow
3BR
4.4% cap rate
Best for Appreciation
3BR
+8.3% 5yr CAGR
Best Overall Value
4BR
$106,546/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $321,109 $1,950 4.4% +8.3% $107,036
4BR $426,184 $2,410 4.1% +7.0% $106,546

Market Trends

Home Value History (with trend line)

$362K$319K$275K$232K$189K$146KJul 2006Jul 2016Jul 2026

📊 How Does 23830 Compare?

Metric 23830 Carson Richmond, VA Virginia
Home Value $347,065 $347,065 N/A $403,170
5-Year CAGR 6.3% 6.3% N/A 6.4%
Avg Rent $1,386 $1,386 N/A -
Cap Rate 3.1% 3.1% - -
💡 Why Invest in 23830? 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 23830 (Carson, VA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.1%
Low
5yr Growth
+6.3%
Strong

📉 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 $347,065
Monthly Rent $1,386
Price-to-Rent 20.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.8%
Cap Rate 3.1%
5-Year IRR 9.5%

📈 Home Appreciation

1-Year +6.2% ▲
3-Year CAGR +4.7% ▲
5-Year CAGR +6.3% ▲
10-Year CAGR +6.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
1.5%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.3%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 23830

Population: 1,471

💰 Median Household Income
$109,207
This area
$109,207
State
$80,295
USA
$74,580
🏠 Renter Occupied
4.0%
This area
4.0%
State
25.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-18.5%
USA
3.7%
🎓 College Educated
32.6%
This area
32.6%
State
4.0%
USA
33.7%
👤 Median Age
41.2 years
This area
41.2 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
1.5%
This area
1.5%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 72.7%
Black/African American 20.7%
Other/Mixed 5.6%
Asian 1.0%
👶 Under 18
20.3%
This area
20.3%
USA
22.0%
👴 65 and Over
23.5%
This area
23.5%
USA
17.3%
📊 Poverty Rate
3.3%
This area
3.3%
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

🎓 Schools in 23830

C Avg School Grade
1 Schools

Schools in This ZIP Code

C Below Average

Rowanty Vocational Tech Ctr

📚 Grade N Elementary Limited Data
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.

🎓 Nearby Colleges & Universities

4 Nearby 228 Off-Campus Students
C
Richard Bland College
2,598 students · 9.4 mi
C
Another Level Barbering and Cosmetology School
77 students · 14.4 mi
C
Jazz Barber and Hairstyling Academy
36 students · 14.8 mi
C+
Virginia State University
5,190 students · 14.8 mi

Frequently Asked Questions

Is housing expensive in Carson, VA?

Carson, VA home values average about $347K. That price point suits investors targeting rentals with $1,386/mo in monthly income.

Does Carson, VA favor landlords or tenants?

Rental owners in Carson, VA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

How do experienced investors play Carson, VA?

The best-fit strategy in Carson, VA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What kind of vacancy should I budget for in Carson, VA?

Occupancy in Carson, VA runs steady with elevated vacancy. Well-priced units at $1,386/mo lease on reasonable timelines.

Does house hacking work in Carson, VA?

House hacking in Carson, VA is reasonable to execute. Prices around $347K and rents of $1,386/mo solid owner-occupant economics.

You know 23830 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 23830 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 23830 ranks in Richmond, VA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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