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
4.3%
Avg Cash on Cash
-10.9%
Median Cashflow
-$627/mo
Avg Rent Estimate
$1,993/mo
Avg Price
$406,119
Price Range
$256,200 - $725,000
Rent to Price
0.49%
low ratio
Positive Cashflow
0%
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 4.3%, 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 -$627 with average rents of $1,993/month. Properties range from $256,200 to $725,000, offering entry points across multiple investment budgets.
Salem, VA Rental Market Insights
- •Median cashflow is -$627/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Salem, VA requires selective property picks
- •Mid-to-upper tier market with properties from $256,200 to $725,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs