Richmond Investment Analysis

Investment Property in Richmond, VA

Home Investment Performance Rent Prices Top Properties Top Neighborhoods Insights

Richmond, VA Real Estate Investment Performance

PROPERTY SALE PRICE

$413,752

Median

1,969

Avg/Sq.ft.

CASH ON CASH RETURN

4.00%

Traditional

2.00%

Airbnb

RENTAL INCOME

$ 2,185

Traditional

$ 1,977

Airbnb

RENTAL INCOME

$ 2,185

Traditional

$ 1,977

Airbnb

NUMBER OF PROPERTIES

1,462

Investment

15,473

Airbnb

40

Traditional

28%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

839

Number of homes sold

14

Median days on market

100%

Average sale-to-list price ratio

20%

Percentage of listings with price drops

1,462

Active listings count

1,091

New listings count

1.5

Months of supply

Richmond, VA Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,256	$ 1,689	$ 1,885	$ 2,562
Traditional	$ 1,594	$ 1,749	$ 2,190	$ 2,743

Airbnb

1 ROOM	$ 1,256
2 ROOMS	$ 1,689
3 ROOMS	$ 1,885
4 ROOMS	$ 2,562

Traditional

1 ROOM	$ 1,594
2 ROOMS	$ 1,749
3 ROOMS	$ 2,190
4 ROOMS	$ 2,743

Predict Short-Term Rental Revenue

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Investment Properties for Sale in Richmond, VA

$125,000

MLS 2604611

3530 E Richmond Road #U15, Richmond, VA 23223

Oakwood Cemetery

Condo/Coop

3 beds 1 baths 692 sq.ft.

CAP RATE Trad. 9.96% Airbnb 9.37%

Analyze Property

$125,000

MLS 2604616

3530 E Richmond Road #U11, Richmond, VA 23223

Oakwood Cemetery

Condo/Coop

3 beds 1 baths 692 sq.ft.

CAP RATE Trad. 9.96% Airbnb 9.37%

Analyze Property

$345,000

MLS 2614959

4205 Columbus Drive, Richmond, VA 23222

North Highland Park

Single Family Residential

5 beds 4 baths 1,664 sq.ft.

CAP RATE Trad. 6.01% Airbnb 8.51%

Analyze Property

$229,850

MLS 2615480

2316 R Street, Richmond, VA 23223

Fairmount

Single Family Residential

4 beds 2 baths 1,298 sq.ft.

CAP RATE Trad. 6.52% Airbnb 8.44%

Analyze Property

$124,000

MLS 2526054

1902 Bainbridge Street, Richmond, VA 23224

Swansboro

Single Family Residential

2 beds 2 baths 1,313 sq.ft.

CAP RATE Trad. 9.82% Airbnb 8.47%

Analyze Property

$199,000

MLS 2611209

2204 Redd Street, Richmond, VA 23223

Mosby

Single Family Residential

4 beds 2 baths 1,568 sq.ft.

CAP RATE Trad. 10.18% Airbnb 7.21%

Analyze Property

$135,000

MLS 2515380

2411 Melbourne Street, Richmond, VA 23223

Eastview

Single Family Residential

3 beds 1 baths 818 sq.ft.

CAP RATE Trad. 11.00% Airbnb 7.04%

Analyze Property

$145,000

MLS 2616505

203 Wren Rd, Richmond, VA 23223

Creighton

Single Family Residential

3 beds 2 baths N/A sq.ft.

CAP RATE Trad. 8.56% Airbnb 6.84%

Analyze Property

Single Family Houses for Sale in Richmond, VA

$345,000

MLS 2614959

4205 Columbus Drive, Richmond, VA 23222

North Highland Park

Single Family Residential

5 beds 4 baths 1,664 sq.ft.

CAP RATE Trad. 6.01% Airbnb 8.51%

Analyze Property

$229,850

MLS 2615480

2316 R Street, Richmond, VA 23223

Fairmount

Single Family Residential

4 beds 2 baths 1,298 sq.ft.

CAP RATE Trad. 6.52% Airbnb 8.44%

Analyze Property

$124,000

MLS 2526054

1902 Bainbridge Street, Richmond, VA 23224

Swansboro

Single Family Residential

2 beds 2 baths 1,313 sq.ft.

CAP RATE Trad. 9.82% Airbnb 8.47%

Analyze Property

$199,000

MLS 2611209

2204 Redd Street, Richmond, VA 23223

Mosby

Single Family Residential

4 beds 2 baths 1,568 sq.ft.

CAP RATE Trad. 10.18% Airbnb 7.21%

Analyze Property

$135,000

MLS 2515380

2411 Melbourne Street, Richmond, VA 23223

Eastview

Single Family Residential

3 beds 1 baths 818 sq.ft.

CAP RATE Trad. 11.00% Airbnb 7.04%

Analyze Property

$145,000

MLS 2616505

203 Wren Rd, Richmond, VA 23223

Creighton

Single Family Residential

3 beds 2 baths N/A sq.ft.

CAP RATE Trad. 8.56% Airbnb 6.84%

Analyze Property

$469,000

MLS 2615250

806 S Meadow St, Richmond, VA 23220

Byrd Park

Single Family Residential

4 beds 2 baths N/A sq.ft.

CAP RATE Trad. 3.54% Airbnb 6.49%

Analyze Property

$192,990

MLS 2617668

1417 Bowen Street, Richmond, VA 23224

Bellemeade

Single Family Residential

3 beds 1 baths 840 sq.ft.

CAP RATE Trad. 6.83% Airbnb 5.99%

Analyze Property

Townhouses for Sale in Richmond, VA

$209,950

MLS 2618147

222 Knightsmanor Court, Richmond, VA 23227

Pine Camp

Townhouse

3 beds 2 baths 1,176 sq.ft.

CAP RATE Trad. 6.63% Airbnb 6.62%

Analyze Property

$165,000

MLS 2617177

1319 Minefee St, Richmond, VA 23224

Hillside Court

Townhouse

2 beds 1 baths N/A sq.ft.

CAP RATE Trad. 5.38% Airbnb 6.47%

Analyze Property

$357,035

MLS 2617940

5228 Fireball Dr #G-43, Richmond, VA 23227

Pine Camp

Townhouse

4 beds 4 baths N/A sq.ft.

CAP RATE Trad. 8.40% Airbnb 5.34%

Analyze Property

$220,000

MLS 2611630

429 Hickorywood Cir, Richmond, VA 23223

Oakwood Cemetery

Townhouse

3 beds 1 baths 1,178 sq.ft.

CAP RATE Trad. 6.53% Airbnb 4.75%

Analyze Property

$332,960

MLS 2613627

5224 Fireball Dr #G-45, Richmond, VA 23227

Pine Camp

Townhouse

3 beds 2 baths 1,520 sq.ft.

CAP RATE Trad. 6.34% Airbnb 4.25%

Analyze Property

$240,000

MLS 2617047

911 Grayfox Circle, Richmond, VA 23223

Oakwood Cemetery

Townhouse

3 beds 2 baths 1,360 sq.ft.

CAP RATE Trad. 6.23% Airbnb 4.16%

Analyze Property

$344,980

MLS 2613625

5220 Fireball Dr #G-47, Richmond, VA 23227

Pine Camp

Townhouse

3 beds 2 baths 1,608 sq.ft.

CAP RATE Trad. 6.08% Airbnb 4.06%

Analyze Property

$276,950

MLS 2617370

1699 Heritage Hill Dr, Richmond, VA 23238

University of Richmond

Townhouse

3 beds 1 baths 1,280 sq.ft.

CAP RATE Trad. 4.84% Airbnb 4.01%

Analyze Property

Top Richmond, VA Neighborhoods - Real Estate Market Analysis

Eastview

90%

90% Mashmeter

PROPERTY PRICE

$349,700

Median for city

CAP RATE

7.31%

Traditional

17.04%

Airbnb

RENTAL INCOME

$ 1,329

Traditional

$ 2,825

Airbnb

49%

Airbnb occupancy rate

Analyze neighborhood

Southern Barton Heights

83%

83% Mashmeter

PROPERTY PRICE

$349,700

Median for city

CAP RATE

3.65%

Traditional

5.19%

Airbnb

RENTAL INCOME

$ 1,437

Traditional

$ 3,125

Airbnb

54%

Airbnb occupancy rate

Analyze neighborhood

Fairfield

81%

81% Mashmeter

PROPERTY PRICE

$349,700

Median for city

CAP RATE

4.75%

Traditional

9.39%

Airbnb

RENTAL INCOME

$ 1,455

Traditional

$ 2,467

Airbnb

46%

Airbnb occupancy rate

Analyze neighborhood

Green Park

77%

77% Mashmeter

PROPERTY PRICE

$349,700

Median for city

CAP RATE

5.11%

Traditional

10.85%

Airbnb

RENTAL INCOME

$ 1,486

Traditional

$ 3,255

Airbnb

59%

Airbnb occupancy rate

Analyze neighborhood

Providence Park

75%

75% Mashmeter

PROPERTY PRICE

$349,700

Median for city

CAP RATE

6.61%

Traditional

13.15%

Airbnb

RENTAL INCOME

$ 1,324

Traditional

$ 2,939

Airbnb

59%

Airbnb occupancy rate

Analyze neighborhood

Sherwood Park

71%

71% Mashmeter

PROPERTY PRICE

$349,700

Median for city

CAP RATE

1.09%

Traditional

6.30%

Airbnb

RENTAL INCOME

$ 1,501

Traditional

$ 3,428

Airbnb

62%

Airbnb occupancy rate

Analyze neighborhood

Mosby

69%

69% Mashmeter

PROPERTY PRICE

$349,700

Median for city

CAP RATE

6.27%

Traditional

10.07%

Airbnb

RENTAL INCOME

$ 1,523

Traditional

$ 2,945

Airbnb

49%

Airbnb occupancy rate

Analyze neighborhood

Swansboro

67%

67% Mashmeter

PROPERTY PRICE

$349,700

Median for city

CAP RATE

9.35%

Traditional

9.99%

Airbnb

RENTAL INCOME

$ 1,498

Traditional

$ 2,630

Airbnb

46%

Airbnb occupancy rate

Analyze neighborhood

Forest Hill

67%

67% Mashmeter

PROPERTY PRICE

$349,700

Median for city

CAP RATE

3.14%

Traditional

6.70%

Airbnb

RENTAL INCOME

$ 1,585

Traditional

$ 3,171

Airbnb

63%

Airbnb occupancy rate

Analyze neighborhood

Edgewood

67%

67% Mashmeter

PROPERTY PRICE

$349,700

Median for city

CAP RATE

3.08%

Traditional

7.20%

Airbnb

RENTAL INCOME

$ 1,324

Traditional

$ 3,072

Airbnb

64%

Airbnb occupancy rate

Analyze neighborhood

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in Richmond, VA

$170 per night Airbnb occupancy rate 30%

Apartment 1 · 1 · 2

Gem in the Heart of the Fan #1! Richmond, Virginia, United States

Rental Income: $1,573 per month

4.94

1170

$101 per night Airbnb occupancy rate 56%

Apartment 1 · 0 · 4

Gorgeous 1-Bdrm in the Fan near Carytown & VMFA Richmond, Virginia, United States

Rental Income: $1,725 per month

4.87

1098

$102 per night Airbnb occupancy rate 45%

Apartment 1 · 1 · 4

Beautiful 1-bdrm Carytown, Fan, VMFA Richmond, Virginia, United States

Rental Income: $1,386 per month

4.89

1071

$99 per night Airbnb occupancy rate 59%

Apartment 1 · 1 · 4

Elegant 1-bdrm, Fan, Carytown, VMFA, Byrd Park Richmond, Virginia, United States

Rental Income: $1,790 per month

4.89

913

$175 per night Airbnb occupancy rate 54%

Apartment 2 · 1 · 4

Heart of Carytown RVA with a Historic View Richmond, Virginia, United States

Rental Income: $2,858 per month

4.76

887

$98 per night Airbnb occupancy rate 56%

Apartment 1 · 1 · 4

Stunning 1-bdrm Fan/Carytown/VMFA Richmond, Virginia, United States

Rental Income: $1,666 per month

4.84

869

$102 per night Airbnb occupancy rate 48%

Apartment 1 · 1 · 4

Cozy Museum District Apartment Richmond, Virginia, United States

Rental Income: $1,488 per month

4.9

843

$113 per night Airbnb occupancy rate 43%

Apartment 1 · 1 · 2

Private B&B in Historic Fan Richmond, Virginia, United States

Rental Income: $1,488 per month

4.93

842

Real Estate Investment Analysis - Other Cities in virginia

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Virginia Beach	$479,999	3%	2%	$2,380	$2,493	917	28%
Manassas	$575,000	3%	1%	$3,068	$1,733	248	20%
Poquoson	$525,000	2%	2%	$2,347	$2,791	119	29%

View all virginia cities

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