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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

4.7%

Avg Cash on Cash

-7.3%

Median Cashflow

-$448/mo

Avg Rent Estimate

$2,132/mo

Avg Price

$325,674

Price Range

$175,000 - $498,000

Rent to Price

0.65%

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 4.7% cap rate combined with -7.3% 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 -$448 with average rents of $2,132/month. Properties range from $175,000 to $498,000, offering entry points across multiple investment budgets.

103 Rockbridge Rd, Portsmouth, VA 23707

Price

$237,500

Rent

$2,339

CachFlow

$162

CoC

3.9

Full Analysis

301 Grayson St, Portsmouth, VA 23707

Price

$421,000

Rent

$2,754

CachFlow

-$617

CoC

-8.37

Full Analysis

16 Albemarle St, Portsmouth, VA 23707

Price

$269,900

Rent

$2,032

CachFlow

-$192

CoC

-4.06

Full Analysis

2 Carver Cir, Portsmouth, VA 23701

Price

$279,900

Rent

$2,175

CachFlow

-$137

CoC

-2.8

Full Analysis

3804 Caroline Ave, Portsmouth, VA 23701

Price

$200,000

Rent

$2,267

CachFlow

$257

CoC

7.34

Full Analysis
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Portsmouth, VA Rental Market Insights

  • Median cashflow is -$448/month — careful deal selection is essential here
  • 4.7% median cap rate is typical of appreciation-focused markets
  • At 16% positive cashflow rate, Portsmouth, VA requires selective property picks
  • Mid-to-upper tier market with properties from $175,000 to $498,000

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