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 50+ datapoints.
Richmond, VA Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-13.1%
Median Cashflow
-$779/mo
Avg Rent Estimate
$2,336/mo
Avg Price
$435,032
Price Range
$245,900 - $868,400
Rent to Price
0.54%
low ratio
Positive Cashflow
3%
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 50+ analyzed properties, the median monthly cashflow in Richmond, VA is -$779 with average rents of $2,336/month. Properties range from $245,900 to $868,400, offering entry points across multiple investment budgets.
Richmond, VA Rental Market Insights
- •Median cashflow is -$779/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 3% positive cashflow rate, Richmond, VA requires selective property picks
- •Premium market with properties from $245,900 to $868,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs