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Henrico, VA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Henrico, VA. Based on 30+ datapoints.

Henrico, VA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

4.3%

Avg Cash on Cash

-9.8%

Median Cashflow

-$732/mo

Avg Rent Estimate

$2,298/mo

Avg Price

$392,559

Price Range

$271,900 - $515,000

Rent to Price

0.59%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Henrico, VA

Henrico, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, 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 Henrico, VA is -$732 with average rents of $2,298/month. Properties range from $271,900 to $515,000, offering entry points across multiple investment budgets.

6721 Wilber Cir, Henrico, VA 23228

Price

$312,100

Rent

$2,012

CachFlow

-$487

CoC

-8.92

Full Analysis

2388 Horsley Dr, Henrico, VA 23233

Price

$494,800

Rent

$2,438

CachFlow

-$1,275

CoC

-14.72

Full Analysis

13141 Middle Ridge Way, Henrico, VA 23233

Price

$463,100

Rent

$2,561

CachFlow

-$1,039

CoC

-12.82

Full Analysis

2108 Davenport Ave, Henrico, VA 23228

Price

$439,400

Rent

$2,403

CachFlow

-$829

CoC

-10.78

Full Analysis

720 S Ivy Ave, Henrico, VA 23075

Price

$349,000

Rent

$2,147

CachFlow

-$524

CoC

-8.58

Full Analysis
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Henrico, VA Rental Market Insights

  • Median cashflow is -$732/month — careful deal selection is essential here
  • 4.3% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Henrico, VA requires selective property picks
  • Mid-to-upper tier market with properties from $271,900 to $515,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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