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 30+ datapoints.
Richmond, VA Short-Term Rental / Airbnb Investment Snapshot
Based on 30+ short-term rental / airbnb datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-7.7%
Median Cashflow
-$632/mo
Avg Rent Estimate
$3,921/mo
Avg Price
$490,107
Price Range
$247,400 - $936,200
Rent to Price
0.8%
okay ratio
Positive Cashflow
27%
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 30+ analyzed properties, Richmond, VA STR investments show a median monthly cashflow of -$632 with an average estimated nightly-rate-adjusted revenue of $3,921/month. These figures reflect real property data, not projections.
2431 Breckenridge Rd, Richmond, VA 23225
Price
$699,950
Rent
$4,298
CachFlow
-$1,996
CoC
-14.52
Richmond, VA Airbnb Market Insights
- •Median cashflow is -$632/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 27% 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