Is Lunenburg County, VA good for real estate investing?

Lunenburg County has an investment score of 60/100, rated as "Buy". The county ranks #506 nationally among 1000 counties analyzed.

What is the median home price in Lunenburg?

The median home price in Lunenburg County is $136,561. This ranks #52 in affordability among all US counties.

Can you cash flow on rental properties in Lunenburg?

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

Lunenburg County

VirginiaPopulation: 11,988

/100

Buy

#506 of 1,000 counties

#60 in Virginia (133 counties)

Market Snapshot

$136,561

Median Home Price

50% below national median

$8,172/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

60/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

43/100

Based on -1.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

92/100

Price-to-income ratio of 2.5x. 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

+Affordable relative to local incomes

Challenges

-Declining home values (-1.3% YoY)
-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

11,988

Median Income

$54,438

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

2.5x

Very affordable

Compare to Nearby Counties

County					Verdict
CurrentLunenburgVA	60	$136,561	Est. pending	—	Buy
Newport News CityVA	60	$284,020	$1,557	6.58%	Buy	View
WarrenVA	60	$378,213	$1,815	5.76%	Buy	View
Isle of WightVA	60	$370,369	Est. pending	—	Buy	View
Hampton CityVA	59	$269,351	$1,614	7.19%	Hold	View
Portsmouth CityVA	59	$255,109	$1,581	7.44%	Hold	View

The Bottom Line

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

Lunenburg County in Virginia scores 60/100, ranking #506 of 1,000 US counties (top 50%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash