Real Estate Investing in Appomattox, Virginia (24522)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24522 (Appomattox, 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: 9.6% 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 Appomattox, VA (24522)?
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Market Analysis: 24522 Appomattox
ZIP 24522 inside Appomattox County looks affordable on the surface — median value of $287K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 24522 can be a a solid fit for hunting ground — but the discount at $287K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 24522 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
From a cash-flow lens, 10,494 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
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 Appomattox:
Property Strategy for 24522
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $183,212 | $1,090 | 4.3% | +6.3% | $91,606 |
| 3BR | $271,136 | $1,500 | 4.0% | +7.9% | $90,379 |
| 4BR | $338,234 | $1,610 | 3.4% | +5.9% | $84,559 |
Market Trends
Home Value History (with trend line)
📊 How Does 24522 Compare?
| Metric | 24522 | Appomattox | Lynchburg, VA | Virginia |
|---|---|---|---|---|
| Home Value | $287,221 | $287,221 | N/A | $403,170 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 6.4% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 24522 (Appomattox, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $287,221 |
| Monthly Rent | $981 |
| Price-to-Rent | 24.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +10.5% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (2.7%). 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 24522
Population: 10,494
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 24522
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.
Frequently Asked Questions
What is the typical home price in Appomattox, VA?
Appomattox, VA home values average about $287K. That price point suits investors targeting rentals with $981/mo in monthly income.
How strong is tenant demand in Appomattox, VA?
Tenant demand in Appomattox, VA is solid. The local workforce $981/mo rents across most rental classes.
Is Appomattox, VA a good market for FHA house hackers?
The a challenging house-hack environment in Appomattox, VA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Does Appomattox, VA make sense for an investment property?
Our data puts Appomattox, VA at 3.0/5 for investability. Home prices of $287K and rents around $981/mo create a solid backdrop for investor activity.
How do experienced investors play Appomattox, VA?
Most investors in Appomattox, VA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 24522 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 24522 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 24522 ranks in Lynchburg, VA
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