Real Estate Investing in Crimora, Virginia (24431)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24431 (Crimora, VA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 25.9 — 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 Crimora, VA (24431)?
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Market Analysis: 24431 Crimora
Not every below-median market is a bargain. Crimora's 24431 ZIP records signals that favor experienced operators who can absorb the risk $364K pricing implies.
The 24431 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Crimora have seen price recovery that 24431 has not matched. Augusta County data supports the view that the spread is structural rather than temporary.
A healthy renter share of 11% in 24431 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Crimora:
Market Trends
Home Value History (with trend line)
📊 How Does 24431 Compare?
| Metric | 24431 | Crimora | Staunton, VA | Virginia |
|---|---|---|---|---|
| Home Value | $363,748 | $363,748 | N/A | $403,170 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 6.4% |
| Avg Rent | $1,170 | $1,170 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 24431 (Crimora, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $363,748 |
| Monthly Rent | $1,170 |
| Price-to-Rent | 25.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (2.5%). 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 24431
Population: 2,412
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
Frequently Asked Questions
How much does a house cost in Crimora, VA?
The median home value in Crimora, VA is roughly $364K. That puts it reasonable relative to the VA statewide average.
How does Crimora, VA rate as a rental market?
Our data puts Crimora, VA at 3.0/5 for investability. Home prices of $364K and rents around $1,170/mo create a solid backdrop for investor activity.
What is the tenant pool like in Crimora, VA?
Working renters make up the core of the Crimora, VA tenant base. The pool is reasonable for investors targeting long-term holds.
What is the rental occupancy rate in Crimora, VA?
Expect elevated vacancy in Crimora, VA. Rents at $1,170/mo are absorbed by the tenant base without meaningful lag.
Are landlord laws favorable in Crimora, VA?
For rental operators, Crimora, VA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 24431 now. You don’t know where it ranks.
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How 24431 ranks in Staunton, VA
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