Real Estate Investing in Pulaski, Virginia (24301)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24301 (Pulaski, 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.
- Elevated vacancy: 11.9% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pulaski, VA (24301)?
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Market Analysis: 24301 Pulaski
The 24301 ZIP in Pulaski, VA is a local-operator market. Outside capital chasing a $179K entry has to pair deep knowledge with the discount.
Rent of $864/mo on a $179K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 24301 sits below the stated 0.0% once reality is priced in.
Meanwhile, 24301 offers a low basis, the region around Pulaski has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 24301 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 24301 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 Pulaski:
Market Trends
Home Value History (with trend line)
📊 How Does 24301 Compare?
| Metric | 24301 | Pulaski | Blacksburg-Christiansburg, VA | Virginia |
|---|---|---|---|---|
| Home Value | $178,927 | $89,463 | N/A | $403,170 |
| 5-Year CAGR | 3.8% | 3.8% | N/A | 6.4% |
| Avg Rent | $864 | $864 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 24301 (Pulaski, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $178,927 |
| Monthly Rent | $864 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +11.4% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (3.8%). 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 24301
Population: 13,370
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 24301
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 real estate strategy is ideal for Pulaski, VA?
The best-fit strategy in Pulaski, VA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What is the renter demographic in Pulaski, VA?
The renter base in Pulaski, VA is reasonable for the $864/mo price point. Screening well and pricing to market typically yields steady tenants.
Is Pulaski, VA a good place for real estate investing?
The 3.0/5 investability rating in Pulaski, VA reflects its $179K prices and $864/mo rents. Investors generally consider it a solid option within VA.
What is the typical vacancy rate in Pulaski, VA?
Rental vacancy in Pulaski, VA is elevated. Investors should budget normal turnover but not chronic empty units.
What is it like being a landlord in Pulaski, VA?
Landlord-friendliness in Pulaski, VA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 24301 now. You don’t know where it ranks.
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