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 15+ datapoints.
Palmyra, VA Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-9.5%
Median Cashflow
-$515/mo
Avg Rent Estimate
$2,214/mo
Avg Price
$384,044
Price Range
$266,500 - $560,000
Rent to Price
0.58%
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 4.3%, 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 15+ analyzed properties, the median monthly cashflow in Palmyra, VA is -$515 with average rents of $2,214/month. Properties range from $266,500 to $560,000, offering entry points across multiple investment budgets.
Palmyra, VA Rental Market Insights
- •Median cashflow is -$515/month — careful deal selection is essential here
- •4.3% 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 $266,500 to $560,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs