RentYield Atlas

ZIP 24112 — Martinsville, VA: rental yield & market data

Gross rental yield of 7.66% — ranked #18 of 226 Virginia ZIP codes. June 2026 data.

Gross rental yield
7.66%
Home value
$136,283
Market rent / mo
$870
Price-to-rent
13.1

Trend

Metric1-year change5-year change
Home value-2.9% +31.8%
Market rent

Metro: Martinsville, VA · County: Martinsville City · Annual rent: $10,440

Comparable ZIP codes in Virginia

Similar home values, sorted by yield — the cheapest way to see if 24112 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
24013RoanokeVA$153,004$1,34910.58%9.5-4.5%
23607Newport NewsVA$190,772$1,5029.45%10.6+2.6%
24540DanvilleVA$157,302$1,1819.01%11.1+0.9%
24201BristolVA$181,206$1,3619.01%11.1-2.3%
24017RoanokeVA$190,970$1,3888.72%11.5+1.4%
24541DanvilleVA$165,436$1,1098.05%12.4+1.6%
24504LynchburgVA$181,754$1,1837.81%12.8-1.9%
24016RoanokeVA$171,265$1,1057.74%12.9+0.4%

Top rental yields in all of Virginia →

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