Real Estate Investing in Dillwyn, Virginia (23936)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23936 (Dillwyn, VA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 26.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dillwyn, VA (23936)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 23936 Dillwyn
This part of Buckingham County is not an easy win. The 23936 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 23936 can be a a solid fit for hunting ground — but the discount at $258K reflects genuine risk that outside investors often underestimate.
Regionally, 23936 sits on the difficult end of the VA spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 23936 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Dillwyn's stable or hybrid ZIPs before stepping into 23936. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Dillwyn:
Market Trends
Home Value History (with trend line)
📊 How Does 23936 Compare?
| Metric | 23936 | Dillwyn | Virginia |
|---|---|---|---|
| Home Value | $257,721 | $257,721 | $403,170 |
| 5-Year CAGR | 3.8% | 3.8% | 6.4% |
| Avg Rent | $819 | $819 | - |
| Cap Rate | 2.5% | 2.5% | - |
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 23936 (Dillwyn, VA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 23936 (Dillwyn, VA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $257,721 |
| Monthly Rent | $819 |
| Price-to-Rent | 26.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (2.5%). 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 23936
Population: 6,992
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 23936
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.
Frequently Asked Questions
What type of investing works in Dillwyn, VA?
A careful cash-flow rentals with hands-on management strategy Dillwyn, VA best. The market produces measured results for that approach at the $258K price point.
What are rental rates like in Dillwyn, VA?
Rental rates in Dillwyn, VA average $819/mo. Tenant demand and $258K home values make the yield look reasonable by investor standards.
Are there empty rentals in Dillwyn, VA?
Dillwyn, VA sees elevated vacancy, which is reasonable relative to the broader VA rental market.
Is Dillwyn, VA suited for a house hack?
The a challenging house-hack environment in Dillwyn, VA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What kind of tenants rent in Dillwyn, VA?
Dillwyn, VA offers a steady renter base at the $819/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 23936 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 23936 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
AI Market Advisor
Ask questions about investing in 23936 (Dillwyn)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 23936 (Dillwyn, VA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.