Is Lexington City, VA good for real estate investing?

Lexington City has an investment score of 73/100, rated as "Buy". The county ranks #65 nationally among 1000 counties analyzed.

What is the median home price in Lexington City?

The median home price in Lexington City is $342,150. This ranks #686 in affordability among all US counties.

Can you cash flow on rental properties in Lexington City?

Based on median values with 20% down at current rates, a typical rental in Lexington City would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Lexington City

VirginiaPopulation: 7,346

/100

Buy

#65 of 1,000 counties

#7 in Virginia (133 counties)

Market Snapshot

$342,150

Median Home Price

25% above national median

$20,476/mo

Est. Rent

Based on regional data

5.98%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

73/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

88/100

Based on 5.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

75/100

Price-to-income ratio of 3.7x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Strong price appreciation (+5.7% YoY)
+Affordable relative to local incomes

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

7,346

Median Income

$93,651

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.7x

Moderately affordable

Compare to Nearby Counties

County					Verdict
HalifaxVA	81	$143,631	$1,403	11.72%	Strong Buy	View
CurrentLexington CityVA	73	$342,150	Est. pending	—	Buy
SmythVA	71	$155,183	Est. pending	—	Buy	View
PowhatanVA	69	$481,473	Est. pending	—	Buy	View
Roanoke CityVA	67	$215,833	$1,271	7.06%	Buy	View
RoanokeVA	64	$325,167	$1,582	5.84%	Buy	View

The Bottom Line

BuyLexington City offers solid investment potential with good cash flow or appreciation prospects.

Lexington City in Virginia scores 73/100, ranking #65 of 1,000 US counties (top 6%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash