Real Estate Investing in Boydton, Virginia (23917)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23917 (Boydton, 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: 36.7% 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 Boydton, VA (23917)?
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Market Analysis: 23917 Boydton
Meanwhile, ZIP 23917 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $247K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 23917 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
On the rental side, 23917 offers a low basis, the region around Boydton has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A notable renter share of 18% in 23917 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
leans 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 Boydton:
Property Strategy for 23917
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $200,755 | $1,050 | 3.8% | — | $100,378 |
| 3BR | $258,485 | $1,350 | 3.8% | +9.7% | $86,162 |
| 4BR | $375,836 | $1,390 | 2.7% | — | $93,959 |
Market Trends
Home Value History (with trend line)
📊 How Does 23917 Compare?
| Metric | 23917 | Boydton | Virginia |
|---|---|---|---|
| Home Value | $246,741 | $246,741 | $403,170 |
| 5-Year CAGR | 7.6% | 7.6% | 6.4% |
| Avg Rent | $945 | $945 | - |
| Cap Rate | 3.0% | 3.0% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23917 (Boydton, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $246,741 |
| Monthly Rent | $945 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (3.0%). 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 23917
Population: 2,721
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 strict are landlord regulations in Boydton, VA?
Rental owners in Boydton, VA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Does a duplex house hack pencil in Boydton, VA?
The a challenging house-hack environment in Boydton, VA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Are homes affordable in Boydton, VA?
Boydton, VA home values average about $247K. That price point suits investors targeting rentals with $945/mo in monthly income.
Is Boydton, VA a smart market for rental property?
With a 3.0/5 investability score, Boydton, VA ranks as a solid market for rental property investors. Median prices of $247K and rents of $945/mo drive the underlying numbers.
How deep is the rental pool in Boydton, VA?
The tenant pool in Boydton, VA is solid, supported by local employment and population fundamentals. Rents of $945/mo are well-absorbed by the market.
You know 23917 now. You don’t know where it ranks.
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