CHINCOTEAGUE ISLAND Investment Analysis

Investment Property in CHINCOTEAGUE ISLAND, VA

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CHINCOTEAGUE ISLAND, VA Real Estate Investment Performance

PROPERTY SALE PRICE

$ 388,000

Median

1,452

Avg/Sq.ft.
CASH ON CASH RETURN

2.00%

Traditional

3.00%

Airbnb
NUMBER OF PROPERTIES

44

Investment

310

Airbnb

N/A

Traditional

55%

Airbnb occupancy rate

CHINCOTEAGUE ISLAND, VA Properties Rental Prices

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Top CHINCOTEAGUE ISLAND, VA Neighborhoods - Real Estate Market Analysis

CHINCOTEAGUE ISLAND
PROPERTY PRICE

$487,000

Median for city
CAP RATE

0.94%

Traditional

2.42%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 2,305

Airbnb

52%

Airbnb occupancy rate

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Real Estate Investment Analysis - Other Cities in virginia

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Virginia Beach $456,251 3% 3% $2,344 $2,830 634 41%
Lynchburg $274,900 5% 1% $1,719 $1,201 318 23%
LEXINGTON $379,999 4% 1% $1,832 $1,396 293 21%
Arlington $619,450 3% 1% $2,789 $2,794 290 31%
View all virginia cities
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