Real Estate Investing in Stuarts Draft, Virginia (24477)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24477 (Stuarts Draft, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Stuarts Draft, VA (24477)?
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Market Analysis: 24477 Stuarts Draft
Not every below-median market is a bargain. Stuarts Draft's 24477 ZIP sits at signals that favor experienced operators who can absorb the risk $361K pricing implies.
The investment case in 24477 is substantial only for operators who understand what they are buying. A $361K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Stuarts Draft have seen price recovery that 24477 has not matched. Augusta County data supports the view that the spread is structural rather than temporary.
Who lives in 24477 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 24477 is an operator game, not a passive one. On the rental side, entry prices of $361K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Stuarts Draft:
Property Strategy for 24477
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $244,127 | $1,420 | 4.2% | +5.8% | $122,064 |
| 3BR | $335,481 | $1,950 | 4.2% | +5.9% | $111,827 |
| 4BR | $395,847 | $2,190 | 4.0% | +6.1% | $98,962 |
Market Trends
Home Value History (with trend line)
📊 How Does 24477 Compare?
| Metric | 24477 | Stuarts Draft | Staunton, VA | Virginia |
|---|---|---|---|---|
| Home Value | $361,455 | $361,455 | N/A | $403,170 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 6.4% |
| Avg Rent | $1,278 | $1,278 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 24477 (Stuarts Draft, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $361,455 |
| Monthly Rent | $1,278 |
| Price-to-Rent | 23.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (2.8%). 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 24477
Population: 11,405
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 24477
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 kind of market is Stuarts Draft, VA for investors?
Our data puts Stuarts Draft, VA at 3.0/5 for investability. Home prices of $361K and rents around $1,278/mo create a solid backdrop for investor activity.
What is the typical home price in Stuarts Draft, VA?
Homes in Stuarts Draft, VA typically sell near $361K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
What kind of vacancy should I budget for in Stuarts Draft, VA?
Occupancy in Stuarts Draft, VA runs reliable with elevated vacancy. Well-priced units at $1,278/mo lease on reasonable timelines.
How deep is the rental pool in Stuarts Draft, VA?
The tenant pool in Stuarts Draft, VA is solid, supported by local employment and population fundamentals. Rents of $1,278/mo are well-absorbed by the market.
What is the average monthly rent in Stuarts Draft, VA?
Rent in Stuarts Draft, VA is around $1,278/mo. The resulting rent-to-value relationship with $361K pricing is reasonable for most investor models.
You know 24477 now. You don’t know where it ranks.
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How 24477 ranks in Staunton, VA
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