Locust Grove, VA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Locust Grove, VA. Based on 20+ datapoints.
Locust Grove, VA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4%
Avg Cash on Cash
-10.1%
Median Cashflow
-$785/mo
Avg Rent Estimate
$2,338/mo
Avg Price
$401,105
Price Range
$295,600 - $526,200
Rent to Price
0.58%
low ratio
Positive Cashflow
5%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Locust Grove, VA
Locust Grove, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4%, 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 20+ analyzed properties, the median monthly cashflow in Locust Grove, VA is -$785 with average rents of $2,338/month. Properties range from $295,600 to $526,200, offering entry points across multiple investment budgets.
103 Tall Pines Ave, Locust Grove, VA 22508
Price
$416,700
Rent
$2,381
CachFlow
-$840
CoC
-11.52
2402 Lakeview Pkwy, Locust Grove, VA 22508
Price
$413,500
Rent
$2,507
CachFlow
-$811
CoC
-11.21
Locust Grove, VA Rental Market Insights
- •Median cashflow is -$785/month — careful deal selection is essential here
- •4% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Locust Grove, VA requires selective property picks
- •Mid-to-upper tier market with properties from $295,600 to $526,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs