Real Estate Investing in Brodnax, Virginia (23920)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23920 (Brodnax, VA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 21.4% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.1% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Brodnax, VA (23920)?
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Market Analysis: 23920 Brodnax
ZIP 23920 in Brodnax, VA carries a impressive set of headwinds. Home values near $140K and rents of $999/mo sit inside a market where underwriting has to be tight.
Meanwhile, the numbers look inviting — $140K purchase price, 0.0% nominal cap — the work to hit that pro forma in 23920 is substantial and deserves full respect.
Put differently, 23920 offers a low basis, the region around Brodnax has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 23920 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. impressive returns are possible in 23920, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Brodnax:
Market Trends
Home Value History (with trend line)
📊 How Does 23920 Compare?
| Metric | 23920 | Brodnax | Virginia |
|---|---|---|---|
| Home Value | $139,752 | $210,196 | $403,170 |
| 5-Year CAGR | 1.1% | 4.2% | 6.4% |
| Avg Rent | $999 | $936 | - |
| Cap Rate | 5.6% | 3.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23920 (Brodnax, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $139,752 |
| Monthly Rent | $999 |
| Price-to-Rent | 11.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.6% |
| Cap Rate | 5.6% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +15.5% ▲ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | +1.1% ▲ |
| 10-Year CAGR | +1.8% ▲ |
🏠 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 (5.6%). 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 23920
Population: 3,080
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
How much does a house cost in Brodnax, VA?
Homes in Brodnax, VA typically sell near $140K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Is the tenant base reliable in Brodnax, VA?
The renter base in Brodnax, VA is reasonable for the $999/mo price point. Screening well and pricing to market typically yields consistent tenants.
Is Brodnax, VA a good market for buy-and-hold investors?
Our data puts Brodnax, VA at 3.0/5 for investability. Home prices of $140K and rents around $999/mo create a solid backdrop for investor activity.
What do rentals go for in Brodnax, VA?
Rental rates in Brodnax, VA average $999/mo. Tenant demand and $140K home values make the yield look reasonable by investor standards.
Is rental property easy to operate in Brodnax, VA?
Landlord-friendliness in Brodnax, VA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 23920 now. You don’t know where it ranks.
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