REI Lense

REI Lense

Roanoke, VA Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Roanoke, VA. Based on 30+ datapoints.

Roanoke, VA Short-Term Rental / Airbnb Investment Snapshot

Based on 30+ short-term rental / airbnb datapoints

Median Cap Rate

4.9%

Avg Cash on Cash

-5.5%

Median Cashflow

-$276/mo

Avg Rent Estimate

$2,886/mo

Avg Price

$317,508

Price Range

$212,200 - $648,000

Rent to Price

0.91%

okay ratio

Positive Cashflow

27%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Roanoke, VA

Roanoke, VA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4.9%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 30+ analyzed properties, Roanoke, VA STR investments show a median monthly cashflow of -$276 with an average estimated nightly-rate-adjusted revenue of $2,886/month. These figures reflect real property data, not projections.

3123 Green Ridge Rd, Roanoke, VA 24019

Price

$324,900

Rent

$3,886

CachFlow

$119

CoC

1.66

Full Analysis

2522 Derwent Dr SW, Roanoke, VA 24015

Price

$301,600

Rent

$2,430

CachFlow

-$429

CoC

-6.33

Full Analysis

2427 Ravenwood Ave NW, Roanoke, VA 24012

Price

$174,800

Rent

$2,739

CachFlow

$353

CoC

8.7

Full Analysis

3221 Greenland Ave NW, Roanoke, VA 24012

Price

$136,300

Rent

$2,132

CachFlow

$277

CoC

8.18

Full Analysis

3938 Virginia Ave NW, Roanoke, VA 24017

Price

$129,950

Rent

$3,333

CachFlow

$962

CoC

25.49

Full Analysis
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Roanoke, VA Airbnb Market Insights

  • Median cashflow is -$276/month — careful deal selection is essential here
  • 4.9% median cap rate is typical of appreciation-focused markets
  • At 27% positive cashflow rate, Roanoke, VA requires selective property picks
  • Mid-to-upper tier market with properties from $212,200 to $648,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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