Real Estate Investing in Indian Valley, Virginia (24105)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Floyd County • Population: 379 • Data updated: September 2026

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Should you buy in 24105 (Indian Valley, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (39/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 22.9% of homes vacant — above national norms.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Indian Valley, VA (24105)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $222,443
Avg Monthly Rent $855
1% Rule ✗ Does Not Meet
Median Income $70,380
% Renters 0.0%

Market Analysis: 24105 Indian Valley

The 24105 ZIP in Indian Valley, VA is a local-operator market. Outside capital chasing a $222K entry has to pair deep knowledge with the discount.

Rent of $855/mo on a $222K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 24105 sits below the stated 0.0% once reality is priced in.

In the broader VA picture, 24105 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Employment concentration in 24105 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The 24105 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Indian Valley:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Rising (+5.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $855/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$227K$220K$212K$205K$197K$189KFeb 2022May 2024Jul 2026

📊 How Does 24105 Compare?

Metric 24105 Indian Valley Virginia
Home Value $222,443 $222,443 $403,170
5-Year CAGR N/A N/A 6.4%
Avg Rent $855 $855 -
Cap Rate 3.0% 3.0% -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 24105 (Indian Valley, VA). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
3.0%
Low

📊 Market Snapshot

Home Value $222,443
Monthly Rent $855
Price-to-Rent 21.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.6%
Cap Rate 3.0%
5-Year IRR 6.3%

📈 Home Appreciation

1-Year +5.3% ▲
3-Year CAGR +3.3% ▲
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
22.9%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 24105

Population: 379

💰 Median Household Income
$70,380
This area
$70,380
State
$80,295
USA
$74,580
🏠 Renter Occupied
0.0%
This area
0.0%
State
25.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-18.5%
USA
3.7%
🎓 College Educated
8.1%
This area
8.1%
State
4.0%
USA
33.7%
👤 Median Age
55.5 years
This area
55.5 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
22.9%
This area
22.9%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 100.0%
👶 Under 18
15.8%
This area
15.8%
USA
22.0%
👴 65 and Over
16.5%
This area
16.5%
USA
17.3%
📊 Poverty Rate
18.8%
This area
18.8%
USA
11.5%

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

1 Nearby 436 Off-Campus Students
C
New River Community College
4,156 students · 14.9 mi

Frequently Asked Questions

How deep is the rental pool in Indian Valley, VA?

The tenant pool in Indian Valley, VA is solid, supported by local employment and population fundamentals. Rents of $855/mo are well-absorbed by the market.

Is rental property easy to operate in Indian Valley, VA?

Landlord-friendliness in Indian Valley, VA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

How do home values compare in Indian Valley, VA?

In Indian Valley, VA the median home value sits at $222K. Against the broader VA market, that reads as reasonable for most investors.

What are vacancy rates like in Indian Valley, VA?

Indian Valley, VA sees elevated vacancy, which is reasonable relative to the broader VA rental market.

How much is rent in Indian Valley, VA?

Rents in Indian Valley, VA run near $855/mo. Compared with median home prices of $222K that produces solid gross yields for typical rentals.

You know 24105 now. You don’t know where it ranks.

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