Waynesboro, VA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Waynesboro, VA. Based on 20+ datapoints.
Waynesboro, VA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.7%
Avg Cash on Cash
-9.1%
Median Cashflow
-$488/mo
Avg Rent Estimate
$2,038/mo
Avg Price
$370,991
Price Range
$238,100 - $665,000
Rent to Price
0.55%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Waynesboro, VA
Waynesboro, VA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.7%, 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 20+ analyzed properties, the median monthly cashflow in Waynesboro, VA is -$488 with average rents of $2,038/month. Properties range from $238,100 to $665,000, offering entry points across multiple investment budgets.
Waynesboro, VA Rental Market Insights
- •Median cashflow is -$488/month — careful deal selection is essential here
- •4.7% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Waynesboro, VA requires selective property picks
- •Mid-to-upper tier market with properties from $238,100 to $665,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs