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 10+ datapoints.
Richmond, VA Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
4.7%
Avg Cash on Cash
-7.7%
Median Cashflow
-$511/mo
Avg Rent Estimate
$3,174/mo
Avg Price
$409,377
Price Range
$249,000 - $599,900
Rent to Price
0.78%
okay ratio
Positive Cashflow
18%
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 4.7%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 10+ analyzed properties, Richmond, VA STR investments show a median monthly cashflow of -$511 with an average estimated nightly-rate-adjusted revenue of $3,174/month. These figures reflect real property data, not projections.
Richmond, VA Airbnb Market Insights
- •Median cashflow is -$511/month — careful deal selection is essential here
- •4.7% median cap rate is typical of appreciation-focused markets
- •At 18% positive cashflow rate, Richmond, VA requires selective property picks
- •Mid-to-upper tier market with properties from $249,000 to $599,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs