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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 75+ datapoints.

Roanoke, VA Long-Term Rental Investment Snapshot

Based on 75+ long-term rental datapoints

Median Cap Rate

4.6%

Avg Cash on Cash

-8.3%

Median Cashflow

-$366/mo

Avg Rent Estimate

$2,043/mo

Avg Price

$327,071

Price Range

$129,950 - $609,400

Rent to Price

0.62%

low ratio

Positive Cashflow

7%

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 75+ analyzed properties, the median monthly cashflow in Roanoke, VA is -$366 with average rents of $2,043/month. Properties range from $129,950 to $609,400, offering entry points across multiple investment budgets.

3439 Meadowlark Rd, Roanoke, VA 24018

Price

$327,400

Rent

$2,176

CachFlow

-$362

CoC

-6.32

Full Analysis

8141 Ashton Ln, Roanoke, VA 24019

Price

$323,600

Rent

$2,352

CachFlow

-$157

CoC

-2.77

Full Analysis

3510 Penn Forest Blvd, Roanoke, VA 24018

Price

$364,400

Rent

$2,074

CachFlow

-$696

CoC

-10.91

Full Analysis

953 Bolejack Blvd, Roanoke, VA 24019

Price

$368,800

Rent

$2,226

CachFlow

-$602

CoC

-9.33

Full Analysis

254 Altamira Dr, Roanoke, VA 24019

Price

$482,300

Rent

$2,510

CachFlow

-$1,164

CoC

-13.79

Full Analysis
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Roanoke, VA Rental Market Insights

  • Median cashflow is -$366/month — careful deal selection is essential here
  • 4.6% median cap rate is typical of appreciation-focused markets
  • At 7% positive cashflow rate, Roanoke, VA requires selective property picks
  • Mid-to-upper tier market with properties from $129,950 to $609,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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