Real Estate Investing in Jarratt, Virginia (23867)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23867 (Jarratt, VA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.2% 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 Jarratt, VA (23867)?
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Market Analysis: 23867 Jarratt
This part of Sussex County is not an easy win. The 23867 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 23867 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader VA picture, 23867 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
On balance, 4,924 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Jarratt's stable or hybrid ZIPs before stepping into 23867. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Jarratt:
Property Strategy for 23867
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $113,621 | $1,020 | 6.5% | +7.5% | $56,811 |
| 3BR | $181,016 | $1,400 | 5.6% | +9.0% | $60,339 |
Market Trends
Home Value History (with trend line)
📊 How Does 23867 Compare?
| Metric | 23867 | Jarratt | Richmond, VA | Virginia |
|---|---|---|---|---|
| Home Value | $172,966 | $86,483 | N/A | $403,170 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 6.4% |
| Avg Rent | $918 | $918 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23867 (Jarratt, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $172,966 |
| Monthly Rent | $918 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (4.1%). 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.
Demographics in 23867
Population: 4,924
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
Frequently Asked Questions
How do experienced investors play Jarratt, VA?
The best-fit strategy in Jarratt, 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 Jarratt, VA?
Occupancy in Jarratt, VA runs measured with elevated vacancy. Well-priced units at $918/mo lease on reasonable timelines.
What are rental rates like in Jarratt, VA?
Average rent in Jarratt, VA is approximately $918/mo per month. Against $173K home values that yields a reasonable rent-to-price ratio.
How landlord-friendly is Jarratt, VA?
Landlord-friendliness in Jarratt, VA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the median home value in Jarratt, VA?
Typical homes in Jarratt, VA go for around $173K. The 5-year CAGR of 0.0% steady price movement.
You know 23867 now. You don’t know where it ranks.
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How 23867 ranks in Richmond, VA
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