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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 40+ datapoints.

Roanoke, VA Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

4.9%

Avg Cash on Cash

-8.5%

Median Cashflow

-$375/mo

Avg Rent Estimate

$2,125/mo

Avg Price

$332,704

Price Range

$110,000 - $550,000

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 4.9%, 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 40+ analyzed properties, the median monthly cashflow in Roanoke, VA is -$375 with average rents of $2,125/month. Properties range from $110,000 to $550,000, offering entry points across multiple investment budgets.

7429 Fort Mason Dr, Roanoke, VA 24018

Price

$550,000

Rent

$2,674

CachFlow

-$1,462

CoC

-15.19

Full Analysis

2840 Sha Al Rd, Roanoke, VA 24014

Price

$400,300

Rent

$2,727

CachFlow

-$518

CoC

-7.39

Full Analysis

1152 Murray Ave SE, Roanoke, VA 24013

Price

$236,200

Rent

$1,672

CachFlow

-$310

CoC

-7.5

Full Analysis

323 Whittaker Ave NE, Roanoke, VA 24012

Price

$229,000

Rent

$1,651

CachFlow

-$257

CoC

-6.41

Full Analysis

6057 Thornrose Rd, Roanoke, VA 24012

Price

$339,950

Rent

$2,462

CachFlow

-$336

CoC

-5.65

Full Analysis
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Roanoke, VA Rental Market Insights

  • Median cashflow is -$375/month — careful deal selection is essential here
  • 4.9% 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 $110,000 to $550,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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