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REI Lense

Portsmouth, VA Long-Term Rental Analysis

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

Portsmouth, VA Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

5%

Avg Cash on Cash

-7%

Median Cashflow

-$371/mo

Avg Rent Estimate

$2,099/mo

Avg Price

$303,362

Price Range

$175,000 - $425,000

Rent to Price

0.69%

low ratio

Positive Cashflow

16%

of analyzed properties

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

Portsmouth, VA presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 5% cap rate combined with -7% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a mid-to-upper tier price point.

Based on 30+ analyzed properties, the median monthly cashflow in Portsmouth, VA is -$371 with average rents of $2,099/month. Properties range from $175,000 to $425,000, offering entry points across multiple investment budgets.

417 Mayflower Rd, Portsmouth, VA 23701

Price

$309,000

Rent

$2,180

CachFlow

-$333

CoC

-6.16

Full Analysis

1800 Nashville Ave, Portsmouth, VA 23704

Price

$275,000

Rent

$1,575

CachFlow

-$500

CoC

-10.39

Full Analysis

3218 Dogwood Dr, Portsmouth, VA 23703

Price

$330,000

Rent

$2,162

CachFlow

-$511

CoC

-8.85

Full Analysis

904 Hancock Ave, Portsmouth, VA 23701

Price

$225,000

Rent

$1,980

CachFlow

-$4

CoC

-0.1

Full Analysis

73 Greeneland Blvd, Portsmouth, VA 23701

Price

$264,900

Rent

$2,257

CachFlow

$1

CoC

0.02

Full Analysis
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Portsmouth, VA Rental Market Insights

  • Median cashflow is -$371/month — careful deal selection is essential here
  • 5% median cap rate reflects a balanced risk-return profile
  • At 16% positive cashflow rate, Portsmouth, VA requires selective property picks
  • Mid-to-upper tier market with properties from $175,000 to $425,000

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