Real Estate Investing in Duffield, Virginia (24244)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24244 (Duffield, 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: 29.0% 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 Duffield, VA (24244)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 24244 Duffield
From an investor standpoint, ZIP 24244 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $153K median. It rewards specialists, not generalists.
Rent of $873/mo on a $153K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 24244 sits below the stated 0.0% once reality is priced in.
Within VA, ZIP 24244 trails on several market indicators that neighboring Scott County submarkets outperform. The gap is real and substantial enough to shape underwriting.
A durable renter share of 26% in 24244 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 24244 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 Duffield:
Property Strategy for 24244
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $115,863 | $970 | 6.0% | +8.0% | $57,931 |
| 3BR | $176,711 | $1,250 | 5.1% | +7.5% | $58,904 |
| 4BR | $223,174 | $1,390 | 4.5% | +7.7% | $55,793 |
Market Trends
Home Value History (with trend line)
📊 How Does 24244 Compare?
| Metric | 24244 | Duffield | Virginia |
|---|---|---|---|
| Home Value | $152,697 | $152,697 | $403,170 |
| 5-Year CAGR | 5.6% | 5.6% | 6.4% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 4.5% | 4.5% | - |
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 24244 (Duffield, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $152,697 |
| Monthly Rent | $873 |
| Price-to-Rent | 14.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (4.5%). 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 24244
Population: 5,531
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 24244
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 it like being a landlord in Duffield, VA?
VA law landlord-friendly for landlords, and Duffield inherits those rules. Investors should still review local ordinances for rental licensing.
What is the typical renter like in Duffield, VA?
Tenant quality in Duffield, VA ranks as solid. Landlords generally report measured occupancy at market rents of $873/mo.
Is real estate in Duffield, VA a good investment right now?
Duffield, VA rates 3.0/5 for investability. With median values at $153K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
Is Duffield, VA suited for a house hack?
The a challenging house-hack environment in Duffield, VA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the median home value in Duffield, VA?
Expect median prices around $153K in Duffield, VA. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
You know 24244 now. You don’t know where it ranks.
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