REI Lense

REI Lense

Richmond, VA Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Richmond, VA. Based on 20+ datapoints.

Richmond, VA Short-Term Rental / Airbnb Investment Snapshot

Based on 20+ short-term rental / airbnb datapoints

Median Cap Rate

4.2%

Avg Cash on Cash

-8.3%

Median Cashflow

-$633/mo

Avg Rent Estimate

$4,189/mo

Avg Price

$505,218

Price Range

$247,400 - $936,200

Rent to Price

0.83%

okay ratio

Positive Cashflow

24%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Richmond, VA

Richmond, VA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4.2%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 20+ analyzed properties, Richmond, VA STR investments show a median monthly cashflow of -$633 with an average estimated nightly-rate-adjusted revenue of $4,189/month. These figures reflect real property data, not projections.

10144 Garfield Rd, Richmond, VA 23235

Price

$435,400

Rent

$5,607

CachFlow

$265

CoC

2.91

Full Analysis

3513 Grove Ave, Richmond, VA 23221

Price

$936,200

Rent

$4,199

CachFlow

-$3,406

CoC

-19.05

Full Analysis

4607 Hanover Ave, Richmond, VA 23226

Price

$683,100

Rent

$4,340

CachFlow

-$1,826

CoC

-13.57

Full Analysis

4411 Hanover Ave, Richmond, VA 23221

Price

$574,700

Rent

$4,755

CachFlow

-$981

CoC

-8.49

Full Analysis

415 W 24th St, Richmond, VA 23225

Price

$450,000

Rent

$3,602

CachFlow

-$752

CoC

-8.02

Full Analysis
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Richmond, VA Airbnb Market Insights

  • Median cashflow is -$633/month — careful deal selection is essential here
  • 4.2% median cap rate is typical of appreciation-focused markets
  • At 24% positive cashflow rate, Richmond, VA requires selective property picks
  • Premium market with properties from $247,400 to $936,200
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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