Real Estate Investing in Newsoms, Virginia (23874)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23874 (Newsoms, VA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 25.8% 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 Newsoms, VA (23874)?
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Market Analysis: 23874 Newsoms
The 23874 ZIP in Newsoms, VA is a local-operator market. Outside capital chasing a $221K entry has to pair deep knowledge with the discount.
The 23874 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 23874 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 23874 ZIP's population of 714 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategy in 23874 is an operator game, not a passive one. On balance, entry prices of $221K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Newsoms:
Property Strategy for 23874
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $149,387 | $1,140 | 5.5% | +7.3% | $74,694 |
| 3BR | $239,255 | $1,450 | 4.4% | +5.7% | $79,752 |
Market Trends
Home Value History (with trend line)
📊 How Does 23874 Compare?
| Metric | 23874 | Newsoms | Virginia |
|---|---|---|---|
| Home Value | $221,428 | $221,428 | $403,170 |
| 5-Year CAGR | 4.5% | 4.5% | 6.4% |
| Avg Rent | $1,026 | $1,026 | - |
| 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 23874 (Newsoms, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $221,428 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 23874
Population: 714
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 23874
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Should investors consider Newsoms, VA?
With a 3.0/5 investability score, Newsoms, VA ranks as a solid market for rental property investors. Median prices of $221K and rents of $1,026/mo drive the underlying numbers.
What is the typical rental rate in Newsoms, VA?
The typical rental in Newsoms, VA commands about $1,026/mo monthly. That rent profile measured cash flow against the $221K purchase basis.
Does Newsoms, VA favor landlords or tenants?
Rental owners in Newsoms, VA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What type of investing works in Newsoms, VA?
A careful cash-flow rentals with hands-on management strategy Newsoms, VA best. The market produces even-keeled results for that approach at the $221K price point.
Is house hacking profitable in Newsoms, VA?
House hacking in Newsoms, VA is reasonable to execute. Prices around $221K and rents of $1,026/mo solid owner-occupant economics.
You know 23874 now. You don’t know where it ranks.
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