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
4.5%
Avg Cash on Cash
-9.4%
Median Cashflow
-$518/mo
Avg Rent Estimate
$2,302/mo
Avg Price
$408,842
Price Range
$164,700 - $890,400
Rent to Price
0.56%
low ratio
Positive Cashflow
8%
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 4.5%, 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 -$518 with average rents of $2,302/month. Properties range from $164,700 to $890,400, offering entry points across multiple investment budgets.
Richmond, VA Rental Market Insights
- •Median cashflow is -$518/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Richmond, VA requires selective property picks
- •Premium market with properties from $164,700 to $890,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs