Salem, VA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Salem, VA. Based on 10+ datapoints.
Salem, VA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.9%
Avg Cash on Cash
-11.5%
Median Cashflow
-$666/mo
Avg Rent Estimate
$2,130/mo
Avg Price
$403,895
Price Range
$50,000 - $725,000
Rent to Price
0.53%
low ratio
Positive Cashflow
9%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Salem, VA
Salem, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.9%, 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 10+ analyzed properties, the median monthly cashflow in Salem, VA is -$666 with average rents of $2,130/month. Properties range from $50,000 to $725,000, offering entry points across multiple investment budgets.
Salem, VA Rental Market Insights
- •Median cashflow is -$666/month — careful deal selection is essential here
- •3.9% median cap rate is typical of appreciation-focused markets
- •At 9% positive cashflow rate, Salem, VA requires selective property picks
- •Mid-to-upper tier market with properties from $50,000 to $725,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs