REI Lense

REI Lense

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%

Avg Cash on Cash

-10.7%

Median Cashflow

-$666/mo

Avg Rent Estimate

$2,063/mo

Avg Price

$397,168

Price Range

$238,100 - $665,000

Rent to Price

0.52%

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%, 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 -$666 with average rents of $2,063/month. Properties range from $238,100 to $665,000, offering entry points across multiple investment budgets.

960 Cattle Scales Rd, Waynesboro, VA 22980

Price

$300,000

Rent

$1,759

CachFlow

-$407

CoC

-7.75

Full Analysis

358 S Delphine Ave, Waynesboro, VA 22980

Price

$263,100

Rent

$1,747

CachFlow

-$248

CoC

-5.39

Full Analysis

214 Adventure Trl, Waynesboro, VA 22980

Price

$331,500

Rent

$1,840

CachFlow

-$597

CoC

-10.29

Full Analysis

120 Shangri La Ln, Waynesboro, VA 22980

Price

$665,000

Rent

$2,402

CachFlow

-$2,095

CoC

-18

Full Analysis

433 N Winchester Ave, Waynesboro, VA 22980

Price

$263,400

Rent

$1,923

CachFlow

-$165

CoC

-3.58

Full Analysis
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Waynesboro, VA Rental Market Insights

  • Median cashflow is -$666/month — careful deal selection is essential here
  • 4% 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

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