Richmond, VA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Richmond, VA. Based on 40+ datapoints.
Richmond, VA Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-10.1%
Median Cashflow
-$605/mo
Avg Rent Estimate
$2,491/mo
Avg Price
$462,985
Price Range
$235,000 - $936,200
Rent to Price
0.54%
low ratio
Positive Cashflow
5%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Richmond, VA
Richmond, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.2%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 40+ analyzed properties, the median monthly cashflow in Richmond, VA is -$605 with average rents of $2,491/month. Properties range from $235,000 to $936,200, offering entry points across multiple investment budgets.
Richmond, VA Rental Market Insights
- •Median cashflow is -$605/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Richmond, VA requires selective property picks
- •Premium market with properties from $235,000 to $936,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs