Real Estate Investing in Waterford, Virginia (20129)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 20129 (Waterford, VA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 28.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 47.2 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Waterford, VA (20129)?
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Market Analysis: 20129 Waterford
The 20129 ZIP covers a section of Waterford that demands careful diligence. Prices near $1.3M look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 20129 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 20129 and stronger Waterford ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 20129 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. durable returns are possible in 20129, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Waterford:
Market Trends
Home Value History (with trend line)
📊 How Does 20129 Compare?
| Metric | 20129 | Waterford | Virginia |
|---|---|---|---|
| Home Value | $1,290,293 | $1,299,953 | $403,170 |
| 5-Year CAGR | 7.3% | 7.0% | 6.4% |
| Avg Rent | $2,277 | $2,174 | - |
| Cap Rate | 1.4% | 1.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 20129 (Waterford, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,290,293 |
| Monthly Rent | $2,277 |
| Price-to-Rent | 47.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.1% |
| Cap Rate | 1.4% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 20129
Population: 469
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 20129
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Waterford Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How should investors approach Waterford, VA?
In Waterford, VA the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $1.3M prices and $2,277/mo rents suits that approach.
What is it like being a landlord in Waterford, VA?
VA law landlord-friendly for landlords, and Waterford inherits those rules. Investors should still review local ordinances for rental licensing.
What kind of tenants rent in Waterford, VA?
Waterford, VA offers a consistent renter base at the $2,277/mo rent level. Tenant turnover is reasonable for well-managed properties.
Can I live-in-and-rent in Waterford, VA?
The house hack math a tougher in Waterford, VA. Owner-occupant buyers benefit from the $2,277/mo rents and $1.3M home values.
Should investors worry about vacancy in Waterford, VA?
Vacancy in Waterford, VA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,277/mo.
You know 20129 now. You don’t know where it ranks.
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How 20129 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV
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