Real Estate Investing in Warfield, Virginia (23889)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23889 (Warfield, VA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 15.9% 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 Warfield, VA (23889)?
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Market Analysis: 23889 Warfield
Not every below-median market is a bargain. Warfield's 23889 ZIP posts signals that favor experienced operators who can absorb the risk $145K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 23889 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 23889 sits on the difficult end of the VA spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 23889 includes headwinds that any investor should price in. Income distribution skews lower than Warfield averages, and tenant stability requires active management.
The 23889 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Warfield:
Market Trends
Home Value History (with trend line)
📊 How Does 23889 Compare?
| Metric | 23889 | Warfield | Virginia |
|---|---|---|---|
| Home Value | $145,450 | $145,450 | $403,170 |
| 5-Year CAGR | N/A | N/A | 6.4% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 4.6% | 4.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23889 (Warfield, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $145,450 |
| Monthly Rent | $864 |
| Price-to-Rent | 14.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 19.7% |
📈 Home Appreciation
| 1-Year | +15.1% ▲ |
| 3-Year CAGR | N/A |
| 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 (4.6%). 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 23889
Population: 690
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
Investor Insight: With 508 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Which investment style suits Warfield, VA?
Warfield, VA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($145K prices, $864/mo rents) make it a reasonable choice.
What is it like being a landlord in Warfield, VA?
Warfield, VA operates under VA law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
How tight is the rental market in Warfield, VA?
Occupancy in Warfield, VA runs steady with elevated vacancy. Well-priced units at $864/mo lease on reasonable timelines.
Can I house hack in Warfield, VA?
For house hackers, Warfield, VA is a challenging. The $864/mo rent on a unit helps defray the mortgage on a $145K property.
What is the typical home price in Warfield, VA?
Warfield, VA median home values land near $145K. That is reasonable territory for investors looking at $864/mo-per-month rentals.
You know 23889 now. You don’t know where it ranks.
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