Real Estate Investing in Pembroke, Virginia (24136)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24136 (Pembroke, 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: 19.1% 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 Pembroke, VA (24136)?
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Market Analysis: 24136 Pembroke
The 24136 ZIP in Pembroke, VA is a local-operator market. Outside capital chasing a $234K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 24136 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 24136's metrics run below Giles County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 24136 ZIP's population of 3,278 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
The 24136 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 Pembroke:
Property Strategy for 24136
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $142,160 | $920 | 4.7% | +6.2% | $71,080 |
| 3BR | $226,696 | $1,100 | 3.5% | +6.5% | $75,565 |
| 4BR | $309,379 | $1,540 | 3.6% | +6.6% | $77,345 |
Market Trends
Home Value History (with trend line)
📊 How Does 24136 Compare?
| Metric | 24136 | Pembroke | Blacksburg-Christiansburg, VA | Virginia |
|---|---|---|---|---|
| Home Value | $233,719 | $209,612 | N/A | $403,170 |
| 5-Year CAGR | 5.3% | 6.0% | N/A | 6.4% |
| Avg Rent | $828 | $837 | N/A | - |
| Cap Rate | 2.8% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 24136 (Pembroke, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $233,719 |
| Monthly Rent | $828 |
| Price-to-Rent | 23.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (2.8%). 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 24136
Population: 3,278
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 24136
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the median home value in Pembroke, VA?
Typical homes in Pembroke, VA go for around $234K. The 5-year CAGR of 0.0% steady price movement.
Are tenants stable in Pembroke, VA?
Working renters make up the core of the Pembroke, VA tenant base. The pool is reasonable for investors targeting long-term holds.
How much do tenants pay in Pembroke, VA?
Expect rents around $828/mo per month in Pembroke, VA. With home values at $234K, the yield math works out to reasonable levels for rental investors.
How does Pembroke, VA rate as a rental market?
Pembroke, VA rates 3.0/5 for investability. With median values at $234K and rents near $828/mo, the market offers reasonable fundamentals for rental investors.
What investment strategy works best in Pembroke, VA?
In Pembroke, VA the notable play is typically careful cash-flow rentals with hands-on management. The combination of $234K prices and $828/mo rents suits that approach.
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