Real Estate Investing in La Crosse, Virginia (23919)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23919 (La Crosse, 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: 61.4% 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 La Crosse, VA (23919)?
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Market Analysis: 23919 La Crosse
Investors eyeing 23919 need to respect the fundamentals at play. Home values of $189K come alongside slower price movement and elevated management overhead.
From a cash-flow lens, the numbers look inviting — $189K purchase price, 0.0% nominal cap — the work to hit that pro forma in 23919 is substantial and deserves full respect.
ZIP 23919's metrics run below Mecklenburg County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 23919 ZIP's population of 2,096 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
The right play in 23919 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in La Crosse:
Property Strategy for 23919
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $148,280 | $910 | 4.4% | +8.6% | $74,140 |
| 3BR | $318,493 | $1,190 | 2.7% | +8.6% | $106,164 |
| 4BR | $514,234 | $1,230 | 1.7% | — | $128,559 |
Market Trends
Home Value History (with trend line)
📊 How Does 23919 Compare?
| Metric | 23919 | La Crosse | Virginia |
|---|---|---|---|
| Home Value | $188,521 | $188,521 | $403,170 |
| 5-Year CAGR | 6.4% | 6.4% | 6.4% |
| Avg Rent | $819 | $819 | - |
| Cap Rate | 3.4% | 3.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23919 (La Crosse, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $188,521 |
| Monthly Rent | $819 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (3.4%). 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 23919
Population: 2,096
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 much is rent in La Crosse, VA?
La Crosse, VA rentals go for roughly $819/mo a month. That puts gross yield in solid territory relative to $189K acquisition costs.
What is the typical home price in La Crosse, VA?
Homes in La Crosse, VA typically sell near $189K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
How quickly do rentals get leased in La Crosse, VA?
Vacancy risk in La Crosse, VA is elevated. That supports even-keeled cash flow for typical rental holds.
What real estate strategy is ideal for La Crosse, VA?
For La Crosse, VA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is real estate in La Crosse, VA a good investment right now?
La Crosse, VA rates 3.0/5 for investability. With median values at $189K and rents near $819/mo, the market offers reasonable fundamentals for rental investors.
You know 23919 now. You don’t know where it ranks.
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