Harrisonburg, VA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Harrisonburg, VA. Based on 10+ datapoints.
Harrisonburg, VA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-11.7%
Median Cashflow
-$806/mo
Avg Rent Estimate
$1,982/mo
Avg Price
$407,544
Price Range
$319,000 - $559,500
Rent to Price
0.49%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Harrisonburg, VA
Harrisonburg, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.8%, 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 10+ analyzed properties, the median monthly cashflow in Harrisonburg, VA is -$806 with average rents of $1,982/month. Properties range from $319,000 to $559,500, offering entry points across multiple investment budgets.
29 Port Republic Rd, Harrisonburg, VA 22801
Price
$319,000
Rent
$1,641
CachFlow
-$742
CoC
-13.29
Harrisonburg, VA Rental Market Insights
- •Median cashflow is -$806/month — careful deal selection is essential here
- •3.8% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Harrisonburg, VA requires selective property picks
- •Mid-to-upper tier market with properties from $319,000 to $559,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs