RentalCalcs
ToolsMarket MapMy DealsPricingBlog
Start Free
RentalCalcs

Professional real estate investment calculators to help you analyze deals faster and make confident investment decisions.

Product

  • Tools
  • Market Map
  • Pricing
  • Blog
  • About

Legal

  • Terms of Service
  • Privacy Policy
  • Contact

© 2025 RentalCalcs. All rights reserved.

Market MapVirginiaHalifax

Halifax County

VirginiaPopulation: 34,013
81
/100
Strong Buy
#2 of 1,000 counties
#1 in Virginia (133 counties)

Market Snapshot

$143,631
Median Home Price
48% below national median
$1,403/mo
Median Rent
6% below national median
11.72%
Rent-to-Price Ratio
Top 1% nationally
+$159
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

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

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$143,631
Down Payment (20%)$28,726
Loan Amount$114,905
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,403
Monthly P&I-$753
Est. Expenses (35%)-$491
Net Cash Flow+$159/mo
7.6%
Cap Rate (all cash)
5.8%
Cash-on-Cash Return
11.72%
Rent-to-Price Ratio

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
81/100
81
Cash Flow(30%)
100/100

Based on 11.72% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
84/100

Based on 4.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
86/100

Price-to-income ratio of 2.9x. 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

  • +Above-average rent-to-price ratio (11.72%)
  • +Positive cash flow potential (+$159/mo)
  • +Affordable relative to local incomes
  • +Complete rent data available

Challenges

No significant challenges identified based on current data.

Economic Indicators

Population
34,013
Median Income
$49,145
vs $62,400 national est.
Unemployment Rate
—
Data pending
Price-to-Income
2.9x
Very affordable

Compare to Nearby Counties

CountyVerdict
CurrentHalifaxVA
81$143,631$1,40311.72%Strong Buy
SmythVA
71$155,183Est. pending—BuyView
PowhatanVA
69$481,473Est. pending—BuyView
Roanoke CityVA
67$215,833$1,2717.06%BuyView
Salem CityVA
66$279,551$1,5186.52%BuyView
RoanokeVA
64$325,167$1,5825.84%BuyView

The Bottom Line

Strong BuyHalifax is a strong buy market with excellent fundamentals for buy-and-hold investors.

Halifax County in Virginia scores 81/100, ranking #2 of 1,000 US counties (top 0%). The 11.72% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential. At current rates with 20% down, a median-priced property could generate approximately $159/month in cash flow.

Monthly Cash Flow
+$159/mo
Cap Rate
7.6%
Cash-on-Cash
5.8%

Ready to Analyze a Deal in Halifax?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRRHouse HackOwner-occupied strategyMultifamily5+ unit properties
Explore Other Markets