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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 50+ datapoints.

Roanoke, VA Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

4.8%

Avg Cash on Cash

-8%

Median Cashflow

-$389/mo

Avg Rent Estimate

$2,142/mo

Avg Price

$342,425

Price Range

$110,000 - $609,400

Rent to Price

0.63%

low ratio

Positive Cashflow

11%

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 4.8%, 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 -$389 with average rents of $2,142/month. Properties range from $110,000 to $609,400, offering entry points across multiple investment budgets.

1242 Laurel St SE, Roanoke, VA 24014

Price

$348,900

Rent

$2,131

CachFlow

-$541

CoC

-8.86

Full Analysis

4527 Edgelawn Ave NW, Roanoke, VA 24017

Price

$210,400

Rent

$1,483

CachFlow

-$210

CoC

-5.7

Full Analysis

1701 Gordon Ave SE, Roanoke, VA 24014

Price

$232,800

Rent

$1,700

CachFlow

-$252

CoC

-6.19

Full Analysis

6121 Scotford Ct, Roanoke, VA 24018

Price

$435,900

Rent

$2,091

CachFlow

-$1,166

CoC

-15.29

Full Analysis

4443 Summit Dr NW, Roanoke, VA 24017

Price

$174,800

Rent

$1,707

CachFlow

$88

CoC

2.88

Full Analysis
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Roanoke, VA Rental Market Insights

  • Median cashflow is -$389/month — careful deal selection is essential here
  • 4.8% median cap rate is typical of appreciation-focused markets
  • At 11% positive cashflow rate, Roanoke, VA requires selective property picks
  • Mid-to-upper tier market with properties from $110,000 to $609,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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