Chesapeake, VA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Chesapeake, VA. Based on 40+ datapoints.
Chesapeake, VA Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-9.5%
Median Cashflow
-$638/mo
Avg Rent Estimate
$2,418/mo
Avg Price
$389,521
Price Range
$274,990 - $595,000
Rent to Price
0.62%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Chesapeake, VA
Chesapeake, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.2%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 40+ analyzed properties, the median monthly cashflow in Chesapeake, VA is -$638 with average rents of $2,418/month. Properties range from $274,990 to $595,000, offering entry points across multiple investment budgets.
2423 Herring Ditch Rd, Chesapeake, VA 23323
Price
$300,000
Rent
$2,157
CachFlow
-$287
CoC
-5.47
Chesapeake, VA Rental Market Insights
- •Median cashflow is -$638/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Chesapeake, VA requires selective property picks
- •Mid-to-upper tier market with properties from $274,990 to $595,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs