Real Estate Investing in Wintergreen, Virginia (22958)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Nelson County • Population: 2,188 • Data updated: September 2026

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Should you buy in 22958 (Wintergreen, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 66.1% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 34.6 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Wintergreen, VA (22958)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $583,165
Avg Monthly Rent $1,404
1% Rule ✗ Does Not Meet
Median Income $92,232
% Renters 15.9%

Market Analysis: 22958 Wintergreen

This part of Nelson County is not an easy win. The 22958 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

Distressed markets are won on execution, not on spreadsheets. ZIP 22958 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Regionally, 22958 sits on the difficult end of the VA spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.

Employment concentration in 22958 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The right play in 22958 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Wintergreen:

C Below Average
Buy Confidence Score: 57/100
Affordability
5/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.3× the median income
Value Trend
Rising (+5.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,404/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
BALANCED MARKET
Charlottesville, VA Metro Area
Even conditions for buyers and sellers
58 days
Average time to sell
Average
8.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Charlottesville, VA metro data
🏠

Property Strategy for 22958

Which property type performs best in this market?

Best for Cash Flow
2BR
3.7% cap rate
Best for Appreciation
2BR
+9.0% 5yr CAGR
Best Overall Value
2BR
$151,662/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $303,324 $1,560 3.7% +9.0% $151,662
3BR $548,720 $1,940 2.5% +8.6% $182,907
4BR $713,898 $2,360 2.4% +8.9% $178,475

Market Trends

Home Value History (with trend line)

$604K$543K$481K$419K$357K$296KJul 2006Jul 2016Jul 2026

📊 How Does 22958 Compare?

Metric 22958 Wintergreen Charlottesville, VA Virginia
Home Value $583,165 $583,165 N/A $403,170
5-Year CAGR 5.7% 5.7% N/A 6.4%
Avg Rent $1,404 $1,404 N/A -
Cap Rate 1.9% 1.9% - -
💡 Why Invest in 22958? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 22958 (Wintergreen, VA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
1.9%
Low
5yr Growth
+5.7%
Moderate

📉 Market Crash Risk Index

Based on Charlottesville, VA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
46%
Days Pending
1/2
58 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $583,165
Monthly Rent $1,404
Price-to-Rent 34.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.9%
Cap Rate 1.9%
5-Year IRR 7.6%

📈 Home Appreciation

1-Year +5.1% ▲
3-Year CAGR +3.4% ▲
5-Year CAGR +5.7% ▲
10-Year CAGR +6.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.9%). 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.

Vacancy
66.1%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 22958

Population: 2,188

💰 Median Household Income
$92,232
This area
$92,232
State
$80,295
USA
$74,580
🏠 Renter Occupied
15.9%
This area
15.9%
State
25.7%
USA
34.0%
💼 Unemployment Rate
1.9%
This area
1.9%
State
-18.5%
USA
3.7%
🎓 College Educated
60.7%
This area
60.7%
State
4.0%
USA
33.7%
👤 Median Age
64.7 years
This area
64.7 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
66.1%
This area
66.1%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 84.3%
Other/Mixed 8.4%
Black/African American 7.4%
Hispanic/Latino 2.0%
👶 Under 18
6.0%
This area
6.0%
USA
22.0%
👴 65 and Over
49.2%
This area
49.2%
USA
17.3%
📊 Poverty Rate
13.4%
This area
13.4%
USA
11.5%

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

Frequently Asked Questions

Are homes affordable in Wintergreen, VA?

Wintergreen, VA median home values land near $583K. That is reasonable territory for investors looking at $1,404/mo-per-month rentals.

Are rents high in Wintergreen, VA?

Rents in Wintergreen, VA run near $1,404/mo. Compared with median home prices of $583K that produces solid gross yields for typical rentals.

What is it like being a landlord in Wintergreen, VA?

VA ranks as a landlord-friendly state for landlord-tenant law. Wintergreen generally follows the statewide framework, so landlords face reasonable operating rules.

What approach is best for Wintergreen, VA real estate?

The best-fit strategy in Wintergreen, VA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Are tenants stable in Wintergreen, VA?

Wintergreen, VA draws a predictable base of working renters. Demand at the $1,404/mo rent level is reasonable for standard single-family and small multi rentals.

You know 22958 now. You don’t know where it ranks.

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How 22958 ranks in Charlottesville, VA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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