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
4.6%
Avg Cash on Cash
-9.1%
Median Cashflow
-$507/mo
Avg Rent Estimate
$2,409/mo
Avg Price
$380,172
Price Range
$249,000 - $595,000
Rent to Price
0.63%
low ratio
Positive Cashflow
7%
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 4.6%, 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 -$507 with average rents of $2,409/month. Properties range from $249,000 to $595,000, offering entry points across multiple investment budgets.
Chesapeake, VA Rental Market Insights
- •Median cashflow is -$507/month — careful deal selection is essential here
- •4.6% median cap rate is typical of appreciation-focused markets
- •At 7% positive cashflow rate, Chesapeake, VA requires selective property picks
- •Mid-to-upper tier market with properties from $249,000 to $595,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs