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 20+ datapoints.
Palmyra, VA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-10.4%
Median Cashflow
-$674/mo
Avg Rent Estimate
$2,275/mo
Avg Price
$384,022
Price Range
$300,100 - $551,200
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 Palmyra, VA
Palmyra, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.2%, 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 Palmyra, VA is -$674 with average rents of $2,275/month. Properties range from $300,100 to $551,200, offering entry points across multiple investment budgets.
5881 Thomas Jefferson Pkwy, Palmyra, VA 22963
Price
$399,000
Rent
$2,118
CachFlow
-$862
CoC
-12.35
Palmyra, VA Rental Market Insights
- •Median cashflow is -$674/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Palmyra, VA requires selective property picks
- •Mid-to-upper tier market with properties from $300,100 to $551,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs