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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 30+ datapoints.

Chesapeake, VA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

4.2%

Avg Cash on Cash

-9.7%

Median Cashflow

-$640/mo

Avg Rent Estimate

$2,458/mo

Avg Price

$424,194

Price Range

$274,990 - $685,000

Rent to Price

0.58%

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 30+ analyzed properties, the median monthly cashflow in Chesapeake, VA is -$640 with average rents of $2,458/month. Properties range from $274,990 to $685,000, offering entry points across multiple investment budgets.

4633 Indiana Ave, Chesapeake, VA 23321

Price

$450,000

Rent

$2,333

CachFlow

-$912

CoC

-11.58

Full Analysis

3600 Martin Johnson Rd, Chesapeake, VA 23323

Price

$459,900

Rent

$2,615

CachFlow

-$846

CoC

-10.51

Full Analysis

2410 Centerville Tpke S, Chesapeake, VA 23322

Price

$889,000

Rent

$3,254

CachFlow

-$2,930

CoC

-18.83

Full Analysis

905 Butt St, Chesapeake, VA 23324

Price

$300,000

Rent

$1,434

CachFlow

-$640

CoC

-12.19

Full Analysis

3916 Port Rd, Chesapeake, VA 23321

Price

$365,000

Rent

$2,273

CachFlow

-$461

CoC

-7.22

Full Analysis
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Chesapeake, VA Rental Market Insights

  • Median cashflow is -$640/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 $685,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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