Real Estate Investing in Williamsville, Virginia (24487)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24487 (Williamsville, VA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 41.5% of homes vacant — above national norms.
• 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 Williamsville, VA (24487)?
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Market Analysis: 24487 Williamsville
The 24487 ZIP in Williamsville, VA is a local-operator market. Outside capital chasing a $252K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $252K asset, 24487 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 24487 and stronger Williamsville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 24487 ZIP's population of 543 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
The 24487 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Williamsville:
Property Strategy for 24487
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $187,213 | $960 | 3.7% | +6.4% | $93,606 |
| 3BR | $287,086 | $1,190 | 3.0% | +7.7% | $95,695 |
Market Trends
Home Value History (with trend line)
📊 How Does 24487 Compare?
| Metric | 24487 | Williamsville | Virginia |
|---|---|---|---|
| Home Value | $252,472 | $252,472 | $403,170 |
| 5-Year CAGR | 4.7% | 4.7% | 6.4% |
| Avg Rent | $864 | $864 | - |
| 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 24487 (Williamsville, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $252,472 |
| Monthly Rent | $864 |
| Price-to-Rent | 24.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 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 24487
Population: 543
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
Is real estate in Williamsville, VA a good investment right now?
Williamsville, VA rates 3.0/5 for investability. With median values at $252K and rents near $864/mo, the market offers reasonable fundamentals for rental investors.
Do landlords face vacancy issues in Williamsville, VA?
Expect elevated vacancy in Williamsville, VA. Rents at $864/mo are absorbed by the tenant base without meaningful lag.
What do landlords charge for rent in Williamsville, VA?
Expect rents around $864/mo per month in Williamsville, VA. With home values at $252K, the yield math works out to reasonable levels for rental investors.
What does house hacking look like in Williamsville, VA?
For house hackers, Williamsville, VA is a challenging. The $864/mo rent on a unit helps defray the mortgage on a $252K property.
What is the typical renter like in Williamsville, VA?
Tenant quality in Williamsville, VA ranks as solid. Landlords generally report measured occupancy at market rents of $864/mo.
You know 24487 now. You don’t know where it ranks.
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