REI Lense

REI Lense

Roanoke, VA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Roanoke, VA. Based on 50+ datapoints.

Roanoke, VA Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

4.6%

Avg Cash on Cash

-7.9%

Median Cashflow

-$329/mo

Avg Rent Estimate

$2,010/mo

Avg Price

$316,003

Price Range

$129,950 - $599,950

Rent to Price

0.64%

low ratio

Positive Cashflow

8%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Roanoke, VA

Roanoke, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.6%, typical of mid-to-upper tier 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 Roanoke, VA is -$329 with average rents of $2,010/month. Properties range from $129,950 to $599,950, offering entry points across multiple investment budgets.

425 Day Ave SW, Roanoke, VA 24016

Price

$458,800

Rent

$2,537

CachFlow

-$1,078

CoC

-13.43

Full Analysis

1260 Lakewood Dr SW, Roanoke, VA 24015

Price

$462,400

Rent

$2,624

CachFlow

-$916

CoC

-11.32

Full Analysis

1917 Langdon Rd SW, Roanoke, VA 24015

Price

$249,500

Rent

$2,173

CachFlow

-$68

CoC

-1.56

Full Analysis

1029 15th St SE, Roanoke, VA 24013

Price

$220,000

Rent

$1,488

CachFlow

-$311

CoC

-8.08

Full Analysis

2217 Ross Ln SW, Roanoke, VA 24015

Price

$280,100

Rent

$1,970

CachFlow

-$285

CoC

-5.81

Full Analysis
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Roanoke, VA Rental Market Insights

  • Median cashflow is -$329/month — careful deal selection is essential here
  • 4.6% median cap rate is typical of appreciation-focused markets
  • At 8% positive cashflow rate, Roanoke, VA requires selective property picks
  • Mid-to-upper tier market with properties from $129,950 to $599,950
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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