Palmyra, VA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Palmyra, VA. Based on 10+ datapoints.
Palmyra, VA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-14.4%
Median Cashflow
-$781/mo
Avg Rent Estimate
$2,302/mo
Avg Price
$479,950
Price Range
$308,500 - $789,300
Rent to Price
0.48%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Palmyra, VA
Palmyra, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.8%, typical of premium 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 Palmyra, VA is -$781 with average rents of $2,302/month. Properties range from $308,500 to $789,300, offering entry points across multiple investment budgets.
1138 Thomas Jefferson Pkwy, Palmyra, VA 22963
Price
$389,900
Rent
$2,259
CachFlow
-$781
CoC
-11.45
Palmyra, VA Rental Market Insights
- •Median cashflow is -$781/month — careful deal selection is essential here
- •3.8% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Palmyra, VA requires selective property picks
- •Premium market with properties from $308,500 to $789,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs