Virginia
Lunenburg County
ZIP 23944
11,990 residents23 permits TTM$54,460 median HHI4 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$145,500
ACS 5-Year
Cap rate proxy
6.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.2%
HUD FMR ÷ ACS HHI
Net migration
+0.54%
IRS SOI
Permits (TTM)
23
Census BPS
Climate risk
19.8
FEMA NRI (0–100)
ZIP 23944
Median home value
$133,861
Gross yield
8.2%
Cap rate
7.0%
Rent gap
14.7%
Affordability
P/I: 2.5R/I: —
Section 8 detail
SAFMR: $914Rent: $780Gap: 17.2%
ZIP code breakdown4 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 23974 | $133,073 | $914 | 8.2% | 7.0% | 14.7% |
| 23944 | $133,861 | $914 | 8.2% | 7.0% | 14.7% |
| 23952 | $145,500county est. | $914 | 7.5% | 6.4% | 14.7% |
| 23947 | $178,641 | $914 | 6.1% | 5.2% | 14.7% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
71.9%
Census ACS
Vacancy rate
20.9%
Census ACS
Bachelor's degree +
11.2%
Census ACS
Rent burdened
33.6%
Census ACS (>30% income)
Median age
44.8
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026