Emporia, VA — Rental Investment Analysis

🟢GOODsolid returns

Cap Rate

7.2%

Above average

Monthly Cash Flow

+$98

After all expenses

Price-to-Rent

9.3

Investor-friendly

DSCR

1.12

Tight

📊 Key Metrics

Median Home Price
$153,302
Average Rent (3BR)
$1,380/mo
Price-to-Rent Ratio
9.3(good)
1% Rule
0.90%(fails — need 1%+)
Cash-on-Cash Return
3.4%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.8%(-0.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+0.3% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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Property Tax Rate

0.8%

of assessed value (VA avg)

Median Income

$80,615

household (VA avg)

Rent-to-Income

20.5%

Affordable

Section 8 Max Rent

$1,380/mo

3BR voucher payment

🏛️ VA Investor Climate

Landlord Friendly

6/10

State Income Tax

Has state tax

Property Tax

0.8% effective

Population Trend

+0.3% (3yr)

🏘️ Best Zip Codes in Emporia for Investors

23847
Cap Rate: 7.2%Cash Flow: +$98/mo$153,302
23847
Cap Rate: 7.2%Cash Flow: +$98/mo$153,302

All Zip Codes in Emporia

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
238477.2%+$98$153,302$1,380/mo1.12
238477.2%+$98$153,302$1,380/mo1.12