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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

-5.7%

Median Cashflow

-$243/mo

Avg Rent Estimate

$2,159/mo

Avg Price

$321,743

Price Range

$150,000 - $498,000

Rent to Price

0.67%

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 -5.7% 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 -$243 with average rents of $2,159/month. Properties range from $150,000 to $498,000, offering entry points across multiple investment budgets.

100 Idlewood Ave, Portsmouth, VA 23704

Price

$215,333

Rent

$2,072

CachFlow

$107

CoC

2.84

Full Analysis

1403 Hodges Ferry Rd, Portsmouth, VA 23701

Price

$375,000

Rent

$2,415

CachFlow

-$554

CoC

-8.44

Full Analysis

5221 Sweetbriar Cir, Portsmouth, VA 23703

Price

$498,000

Rent

$2,052

CachFlow

-$1,559

CoC

-17.89

Full Analysis

3405 Scott St, Portsmouth, VA 23707

Price

$299,900

Rent

$2,067

CachFlow

-$221

CoC

-4.21

Full Analysis

3229 Dogwood Dr, Portsmouth, VA 23703

Price

$375,000

Rent

$2,064

CachFlow

-$754

CoC

-11.49

Full Analysis
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Portsmouth, VA Rental Market Insights

  • Median cashflow is -$243/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 $150,000 to $498,000

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