Real Estate Investing in Windsor, Virginia (23487)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23487 (Windsor, 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: 16.1% 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 Windsor, VA (23487)?
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Market Analysis: 23487 Windsor
The 23487 ZIP covers a section of Windsor that demands careful diligence. Prices near $349K look accessible, but the work to make a deal cash flow is real.
Rent of $1,260/mo on a $349K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 23487 sits below the stated 0.0% once reality is priced in.
Within VA, ZIP 23487 trails on several market indicators that neighboring Isle of Wight County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Employment concentration in 23487 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Windsor's stable or hybrid ZIPs before stepping into 23487. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Windsor:
Property Strategy for 23487
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $235,715 | $1,400 | 4.3% | +6.8% | $117,857 |
| 3BR | $341,515 | $1,940 | 4.1% | +7.6% | $113,838 |
| 4BR | $430,041 | $2,290 | 3.8% | +7.6% | $107,510 |
Market Trends
Home Value History (with trend line)
📊 How Does 23487 Compare?
| Metric | 23487 | Windsor | Virginia |
|---|---|---|---|
| Home Value | $348,608 | $348,608 | $403,170 |
| 5-Year CAGR | 4.2% | 4.2% | 6.4% |
| Avg Rent | $1,260 | $1,260 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23487 (Windsor, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $348,608 |
| Monthly Rent | $1,260 |
| Price-to-Rent | 23.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (2.8%). 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 23487
Population: 6,238
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 23487
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
How does Windsor, VA rate as a rental market?
Investors tracking Windsor, VA will find a 3.0/5 rating supported by $349K median home values and $1,260/mo rents. That profile suits long-term holders targeting predictable returns.
What do rentals go for in Windsor, VA?
Windsor, VA rentals go for roughly $1,260/mo a month. That puts gross yield in solid territory relative to $349K acquisition costs.
How high is vacancy risk in Windsor, VA?
Windsor, VA sees elevated vacancy, which is reasonable relative to the broader VA rental market.
Are landlord laws favorable in Windsor, VA?
Windsor, VA falls under VA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What are home prices like in Windsor, VA?
In Windsor, VA the median home value sits at $349K. Against the broader VA market, that reads as reasonable for most investors.
You know 23487 now. You don’t know where it ranks.
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How 23487 ranks in Virginia Beach-Norfolk-Newport News, VA-NC
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