Virginia
Mecklenburg County
ZIP 23924
30,431 residents163 permits TTM$51,691 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$169,400
ACS 5-Year
Cap rate proxy
5.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.7%
HUD FMR ÷ ACS HHI
Net migration
+0.83%
IRS SOI
Permits (TTM)
163
Census BPS
Climate risk
54.3
FEMA NRI (0–100)
ZIP 23924
Median home value
$134,633
Gross yield
8.5%
Buy Box score
0.4
Section 8 gap
—
Affordability
P/I: 2.6R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown10 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 23924 | $134,633 | $950 | 8.5% | 7.2% | 15.4% |
| 23950 | $168,108 | $950 | 6.8% | 5.7% | 15.4% |
| 23915 | $169,400county est. | $950 | 6.7% | 5.7% | 15.4% |
| 23968 | $169,400county est. | $950 | 6.7% | 5.7% | 15.4% |
| 24580 | $169,400county est. | $950 | 6.7% | 5.7% | 15.4% |
| 23919 | $181,640 | $950 | 6.3% | 5.3% | 15.4% |
| 23970 | $197,819 | $950 | 5.8% | 4.9% | 15.4% |
| 23917 | $231,506 | $950 | 4.9% | 4.2% | 15.4% |
| 24529 | $247,608 | $950 | 4.6% | 3.9% | 15.4% |
| 23927 | $301,022 | $950 | 3.8% | 3.2% | 15.4% |
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
30.2%
Census ACS
Bachelor's degree +
21.2%
Census ACS
Rent burdened
39.4%
Census ACS (>30% income)
Median age
48.8
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