Real Estate Investing in Dendron, Virginia (23839)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23839 (Dendron, VA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 22.3% of homes vacant — above national norms.
• 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 Dendron, VA (23839)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 23839 Dendron
Stepping back, ZIP 23839 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $231K median. It rewards specialists, not generalists.
Looking more closely, the numbers look inviting — $231K purchase price, 0.0% nominal cap — the work to hit that pro forma in 23839 is substantial and deserves full respect.
Within VA, ZIP 23839 trails on several market indicators that neighboring Surry County submarkets outperform. The gap is real and significant enough to shape underwriting.
The demographic picture in 23839 includes headwinds that any investor should price in. Income distribution skews lower than Dendron averages, and tenant stability requires active management.
looks 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 Dendron:
Market Trends
Home Value History (with trend line)
📊 How Does 23839 Compare?
| Metric | 23839 | Dendron | Virginia |
|---|---|---|---|
| Home Value | $230,571 | $230,571 | $403,170 |
| 5-Year CAGR | N/A | N/A | 6.4% |
| Avg Rent | $1,062 | $1,062 | - |
| Cap Rate | 3.6% | 3.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23839 (Dendron, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $230,571 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 18.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 3.8% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +0.2% ▲ |
| 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 (3.6%). 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 23839
Population: 873
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 23839
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 Dendron in VA worth investing in?
Our data puts Dendron, VA at 2.0/5 for investability. Home prices of $231K and rents around $1,062/mo create a solid backdrop for investor activity.
What are home prices like in Dendron, VA?
The median home value in Dendron, VA is roughly $231K. That puts it reasonable relative to the VA statewide average.
What is the average monthly rent in Dendron, VA?
Rent in Dendron, VA is around $1,062/mo. The resulting rent-to-value relationship with $231K pricing is reasonable for most investor models.
Which investment style suits Dendron, VA?
A careful cash-flow rentals with hands-on management strategy Dendron, VA best. The market produces consistent results for that approach at the $231K price point.
Does Dendron, VA favor landlords or tenants?
Rental owners in Dendron, VA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 23839 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 23839 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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