Real Estate Investing in Huddleston, Virginia (24104)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24104 (Huddleston, 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: 44.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 45.5 — 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 Huddleston, VA (24104)?
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Market Analysis: 24104 Huddleston
Put differently, ZIP 24104 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $531K median. It rewards specialists, not generalists.
The 24104 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 24104 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Looking more closely, 3,005 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 24104 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Huddleston:
Property Strategy for 24104
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $192,926 | $960 | 3.6% | — | $192,926 |
| 2BR | $407,754 | $1,080 | 1.9% | +9.4% | $203,877 |
| 3BR | $525,437 | $1,490 | 2.0% | +8.8% | $175,146 |
| 4BR | $863,713 | $1,610 | 1.3% | +10.0% | $215,928 |
Market Trends
Home Value History (with trend line)
📊 How Does 24104 Compare?
| Metric | 24104 | Huddleston | Lynchburg, VA | Virginia |
|---|---|---|---|---|
| Home Value | $531,068 | $531,068 | N/A | $403,170 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 6.4% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 1.4% | 1.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 24104 (Huddleston, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $531,068 |
| Monthly Rent | $972 |
| Price-to-Rent | 45.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.2% |
| Cap Rate | 1.4% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 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 (1.4%). 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 24104
Population: 3,005
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 24104
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 are vacancy rates like in Huddleston, VA?
Huddleston, VA sees elevated vacancy, which is reasonable relative to the broader VA rental market.
Are landlord laws favorable in Huddleston, VA?
Rental owners in Huddleston, VA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Huddleston, VA a smart market for rental property?
The 3.0/5 investability rating in Huddleston, VA reflects its $531K prices and $972/mo rents. Investors generally consider it a solid option within VA.
How qualified is the tenant pool in Huddleston, VA?
The tenant pool in Huddleston, VA is solid, supported by local employment and population fundamentals. Rents of $972/mo are well-absorbed by the market.
How much do tenants pay in Huddleston, VA?
Rent in Huddleston, VA is around $972/mo. The resulting rent-to-value relationship with $531K pricing is reasonable for most investor models.
You know 24104 now. You don’t know where it ranks.
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How 24104 ranks in Lynchburg, VA
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