Real Estate Investing in Gordonsville, Virginia (22942)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 22942 (Gordonsville, 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: 14.4% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gordonsville, VA (22942)?
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Market Analysis: 22942 Gordonsville
ZIP 22942 in Gordonsville, VA carries a robust set of headwinds. Home values near $413K and rents of $1,404/mo sit inside a market where underwriting has to be tight.
Put differently, the numbers look inviting — $413K purchase price, 0.0% nominal cap — the work to hit that pro forma in 22942 is substantial and deserves full respect.
Statewide comparisons place 22942 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 22942 includes headwinds that any investor should price in. Income distribution skews lower than Gordonsville averages, and tenant stability requires active management.
Strategically, 22942 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Gordonsville:
Property Strategy for 22942
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $249,425 | $1,560 | 4.5% | +8.4% | $124,712 |
| 3BR | $386,498 | $1,940 | 3.6% | +7.7% | $128,833 |
| 4BR | $570,286 | $2,360 | 3.0% | +7.7% | $142,571 |
Market Trends
Home Value History (with trend line)
📊 How Does 22942 Compare?
| Metric | 22942 | Gordonsville | Charlottesville, VA | Virginia |
|---|---|---|---|---|
| Home Value | $413,435 | $413,435 | N/A | $403,170 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 6.4% |
| Avg Rent | $1,404 | $1,404 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 22942 (Gordonsville, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $413,435 |
| Monthly Rent | $1,404 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (2.7%). 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 22942
Population: 10,115
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 22942
Schools in This ZIP Code
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.
Frequently Asked Questions
What is the rental occupancy rate in Gordonsville, VA?
Occupancy in Gordonsville, VA runs even-keeled with elevated vacancy. Well-priced units at $1,404/mo lease on reasonable timelines.
How much do tenants pay in Gordonsville, VA?
Expect rents around $1,404/mo per month in Gordonsville, VA. With home values at $413K, the yield math works out to reasonable levels for rental investors.
Is the tenant base reliable in Gordonsville, VA?
Tenant demand in Gordonsville, VA is solid. The local workforce $1,404/mo rents across most rental classes.
How should investors approach Gordonsville, VA?
In Gordonsville, VA the solid play is typically careful cash-flow rentals with hands-on management. The combination of $413K prices and $1,404/mo rents suits that approach.
What kind of market is Gordonsville, VA for investors?
Our data puts Gordonsville, VA at 3.0/5 for investability. Home prices of $413K and rents around $1,404/mo create a solid backdrop for investor activity.
You know 22942 now. You don’t know where it ranks.
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How 22942 ranks in Charlottesville, VA
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