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
-8.7%
Median Cashflow
-$644/mo
Avg Rent Estimate
$3,961/mo
Avg Price
$508,127
Price Range
$247,400 - $936,200
Rent to Price
0.78%
okay ratio
Positive Cashflow
21%
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 -$644 with an average estimated nightly-rate-adjusted revenue of $3,961/month. These figures reflect real property data, not projections.
Richmond, VA Airbnb Market Insights
- •Median cashflow is -$644/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 21% 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