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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 40+ datapoints.

Portsmouth, VA Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

4.9%

Avg Cash on Cash

-6%

Median Cashflow

-$380/mo

Avg Rent Estimate

$2,119/mo

Avg Price

$317,313

Price Range

$150,000 - $498,000

Rent to Price

0.67%

low ratio

Positive Cashflow

13%

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 40+ analyzed datapoints. A median 4.9% cap rate combined with -6% 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 40+ analyzed properties, the median monthly cashflow in Portsmouth, VA is -$380 with average rents of $2,119/month. Properties range from $150,000 to $498,000, offering entry points across multiple investment budgets.

121 Sandpiper Dr, Portsmouth, VA 23704

Price

$300,000

Rent

$1,961

CachFlow

-$372

CoC

-7.09

Full Analysis

525 Mount Vernon Ave, Portsmouth, VA 23707

Price

$219,900

Rent

$1,622

CachFlow

-$135

CoC

-3.51

Full Analysis

4020 Forresthills Dr, Portsmouth, VA 23703

Price

$365,000

Rent

$1,989

CachFlow

-$756

CoC

-11.84

Full Analysis

114 Maxwell Ave, Portsmouth, VA 23702

Price

$340,000

Rent

$2,090

CachFlow

-$477

CoC

-8.02

Full Analysis

18 N Colin Dr, Portsmouth, VA 23701

Price

$290,000

Rent

$1,562

CachFlow

-$578

CoC

-11.39

Full Analysis
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Portsmouth, VA Rental Market Insights

  • Median cashflow is -$380/month — careful deal selection is essential here
  • 4.9% median cap rate is typical of appreciation-focused markets
  • At 13% positive cashflow rate, Portsmouth, VA requires selective property picks
  • Mid-to-upper tier market with properties from $150,000 to $498,000

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