Real Estate Investing in Hurt, Virginia (24563)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24563 (Hurt, 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: 22.0% 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 Hurt, VA (24563)?
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Market Analysis: 24563 Hurt
ZIP 24563 in Hurt, VA carries a substantial set of headwinds. Home values near $177K and rents of $819/mo sit inside a market where underwriting has to be tight.
From an investor standpoint, the numbers look inviting — $177K purchase price, 0.0% nominal cap — the work to hit that pro forma in 24563 is substantial and deserves full respect.
Statewide comparisons place 24563 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 24563 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. impressive returns are possible in 24563, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hurt:
Property Strategy for 24563
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $140,793 | $910 | 4.7% | +9.1% | $70,397 |
| 3BR | $200,327 | $1,270 | 4.6% | +8.5% | $66,776 |
| 4BR | $247,345 | $1,430 | 4.2% | +9.1% | $61,836 |
Market Trends
Home Value History (with trend line)
📊 How Does 24563 Compare?
| Metric | 24563 | Hurt | Danville, VA | Virginia |
|---|---|---|---|---|
| Home Value | $177,302 | $177,302 | N/A | $403,170 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 6.4% |
| Avg Rent | $819 | $819 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 24563 (Hurt, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $177,302 |
| Monthly Rent | $819 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (3.6%). 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 24563
Population: 5,014
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 24563
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
Is Hurt in VA worth investing in?
Our data puts Hurt, VA at 3.0/5 for investability. Home prices of $177K and rents around $819/mo create a solid backdrop for investor activity.
Do rentals sit vacant long in Hurt, VA?
Expect elevated vacancy in Hurt, VA. Rents at $819/mo are absorbed by the tenant base without meaningful lag.
What is the average monthly rent in Hurt, VA?
Expect rents around $819/mo per month in Hurt, VA. With home values at $177K, the yield math works out to reasonable levels for rental investors.
Are renters plentiful in Hurt, VA?
Hurt, VA draws a steady base of working renters. Demand at the $819/mo rent level is reasonable for standard single-family and small multi rentals.
Which investment style suits Hurt, VA?
Investors usually favor careful cash-flow rentals with hands-on management in Hurt, VA. With home values at $177K and rents near $819/mo, other strategies can work but produce consistent rather than outsized returns.
You know 24563 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 24563 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 24563 ranks in Danville, VA
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