Real Estate Investment Properties for Sale in Melfa, VA

Looking for investment property in Melfa, VA with high ROI ?

Explore a variety of short-term homes & houses in Melfa, VA. Invest wisely with VRBO & Melfa, VA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Melfa, VA

Search for properties for Sale in Melfa, Virginia. Browse all of Mashvisor’s listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 19 listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
28268 Harbor Rd Melfa, VA Calling all visionaries. If you are wanting to take a home and make it your own, this coul...	4 beds \| 2 baths \| 1,622 sq.ft.	$289,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 6.71% Airbnb Rental Income: $2069 Traditional Rental Income: $2292 Airbnb ROI: 3.93% Traditional ROI: 6.71%
19385 MAIN ST Melfa, VA Well-maintained multi-unit property featuring three apartments in the quiet town of Melfa....	N/A beds \| N/A baths \| 2,860 sq.ft.	$320,000	Airbnb cash on cash: 2.15% Traditional cash on cash: 9.15% Airbnb Rental Income: $1514 Traditional Rental Income: $3180 Airbnb ROI: 2.15% Traditional ROI: 9.15%
28222 Lankford Hwy Melfa, VA Back on the market and move-in ready! This beautifully renovated home features a fully upd...	2 beds \| 1 baths \| 640 sq.ft.	$127,500	Airbnb cash on cash: 2.24% Traditional cash on cash: 10.15% Airbnb Rental Income: $855 Traditional Rental Income: $1494 Airbnb ROI: 2.24% Traditional ROI: 10.15%
16223 COUNTRY CLUB RD Melfa, VA Welcome this well-maintained ranch-style home offering comfort, functionality, and freedom...	3 beds \| 2 baths \| 2,249 sq.ft.	$445,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 4.2% Airbnb Rental Income: $1458 Traditional Rental Income: $2423 Airbnb ROI: 0.85% Traditional ROI: 4.2%
28247 Harbor Rd Melfa, VA Welcome to The Greens a well established residential subdivision that encompasses a true l...	3 beds \| 2 baths \| 1,544 sq.ft.	$363,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 5% Airbnb Rental Income: $1458 Traditional Rental Income: $2235 Airbnb ROI: 1.45% Traditional ROI: 5%
19574 MAIN ST Melfa, VA Freshly Redone Bungalow in the Heart of Melfa! Move right in and enjoy this 3BR/1BA charme...	3 beds \| 1 baths \| 960 sq.ft.	$189,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 8.1% Airbnb Rental Income: $1458 Traditional Rental Income: $1776 Airbnb ROI: 3.92% Traditional ROI: 8.1%
20253 Calvin Dr Melfa, VA Centrally located doublewide situated on approximately 0.51 acres, offering 3 bedrooms and...	3 beds \| 2 baths \| 960 sq.ft.	$168,000	Airbnb cash on cash: 4.69% Traditional cash on cash: 9.91% Airbnb Rental Income: $1458 Traditional Rental Income: $1862 Airbnb ROI: 4.69% Traditional ROI: 9.91%
29636 SEASIDE RD Melfa, VA Turnkey Dog Boarding and Daycare Business (since 2006) For Sale this established dog board...	3 beds \| 2 baths \| 2,508 sq.ft.	$675,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 1.03% Airbnb Rental Income: $1458 Traditional Rental Income: $1884 Airbnb ROI: -0.33% Traditional ROI: 1.03%
0 Airport Dr #See* Melfa, VA 0 Airport Dr #See*, Melfa, VA 23410 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$85,000	Airbnb cash on cash: 9.95% Traditional cash on cash: 6.99% Airbnb Rental Income: $1514 Traditional Rental Income: $826 Airbnb ROI: 9.95% Traditional ROI: 6.99%
Lot A Country Club Rd #A Melfa, VA Lot A Country Club Rd #A, Melfa, VA 23410 \| Other	N/A beds \| N/A baths \| N/A	$157,500	Airbnb cash on cash: 4.7% Traditional cash on cash: 1.79% Airbnb Rental Income: $1514 Traditional Rental Income: $635 Airbnb ROI: 4.7% Traditional ROI: 1.79%
29138 Phillips Dr Melfa, VA MELFA - EXTREMELY WELL MAINTAINED TRADITIONAL HOME. 3 BEDROOM, 2 BATH HOME. REMODELED KITC...	3 beds \| 2 baths \| 1,546 sq.ft.	$289,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 6.72% Airbnb Rental Income: $1458 Traditional Rental Income: $2300 Airbnb ROI: 2.06% Traditional ROI: 6.72%
20384 Bradford Rd Melfa, VA Set on 1.5 peaceful acres with agricultural zoning, this freshly updated 3-bedroom, 2-bath...	3 beds \| 2 baths \| 1,188 sq.ft.	$249,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 6.44% Airbnb Rental Income: $1458 Traditional Rental Income: $1909 Airbnb ROI: 2.69% Traditional ROI: 6.44%
000 Red Bank Ln #13 Melfa, VA 000 Red Bank Ln #13, Melfa, VA 23410 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 0.52% Airbnb Rental Income: $1514 Traditional Rental Income: $636 Airbnb ROI: 2.57% Traditional ROI: 0.52%
000 Red Bank Ln #15 Melfa, VA 000 Red Bank Ln #15, Melfa, VA 23410 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 0.52% Airbnb Rental Income: $1514 Traditional Rental Income: $636 Airbnb ROI: 2.57% Traditional ROI: 0.52%
29142 PHILLIPS DR Melfa, VA Tastefully remodeled 3-bedroom farmhouse in Melfa stands out from nearby listings with the...	3 beds \| 3 baths \| 1,992 sq.ft.	$349,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 6.39% Airbnb Rental Income: $1458 Traditional Rental Income: $2612 Airbnb ROI: 1.55% Traditional ROI: 6.39%
21 Main St Melfa, VA Set in the heart of Wachapreague, this 2,218 sq ft home blends classic character with thou...	3 beds \| 2 baths \| 2,218 sq.ft.	$339,700	Airbnb cash on cash: 1.59% Traditional cash on cash: 6.01% Airbnb Rental Income: $1458 Traditional Rental Income: $2436 Airbnb ROI: 1.59% Traditional ROI: 6.01%
26577 Texaco Town Rd Melfa, VA Conveniently located near all amenities, this perfect starter or retirement home has serve...	3 beds \| 1 baths \| 1,448 sq.ft.	$232,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 6.26% Airbnb Rental Income: $1458 Traditional Rental Income: $1750 Airbnb ROI: 2.96% Traditional ROI: 6.26%
18206 2nd St Melfa, VA 18206 2nd St, Melfa, VA 23401 \| Single Family Residential	2 beds \| 2 baths \| 1,590 sq.ft.	$159,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 6.33% Airbnb Rental Income: $855 Traditional Rental Income: $1330 Airbnb ROI: 1.02% Traditional ROI: 6.33%
18206 2nd St Melfa, VA 18206 2nd St, Melfa, VA 23401 \| Single Family Residential	2 beds \| 2 baths \| 1,590 sq.ft.	$159,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 6.33% Airbnb Rental Income: $855 Traditional Rental Income: $1330 Airbnb ROI: 1.02% Traditional ROI: 6.33%
A-B Airport Dr #A & B Melfa, VA A-B Airport Dr #A & B, Melfa, VA 23410 \| Other	N/A beds \| N/A baths \| N/A	$100,000	Airbnb cash on cash: 8.27% Traditional cash on cash: 3.79% Airbnb Rental Income: $1514 Traditional Rental Income: $637 Airbnb ROI: 8.27% Traditional ROI: 3.79%

Melfa, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 19 investment properties available for sale in Melfa.

In 2026, the best neighborhood to buy investment property is Melfa.

The ROI for Short-Term is higher than the Long-Term in Melfa with average rental income of $undefined.

Your search for investment property begins and ends here

Investment Property for Sale in Melfa, VA

28268 Harbor Rd

Melfa, VA

4 beds | 2 baths | 1,622 sq.ft.

$289,000

Airbnb cash on cash: 3.93%

Traditional cash on cash: 6.71%

Airbnb Rental Income: $2069

Traditional Rental Income: $2292

Airbnb ROI: 3.93%

Traditional ROI: 6.71%

19385 MAIN ST

Melfa, VA

N/A beds | N/A baths | 2,860 sq.ft.

$320,000

Airbnb cash on cash: 2.15%

Traditional cash on cash: 9.15%

Airbnb Rental Income: $1514

Traditional Rental Income: $3180

Airbnb ROI: 2.15%

Traditional ROI: 9.15%

28222 Lankford Hwy

Melfa, VA

2 beds | 1 baths | 640 sq.ft.

$127,500

Airbnb cash on cash: 2.24%

Traditional cash on cash: 10.15%

Airbnb Rental Income: $855

Traditional Rental Income: $1494

Airbnb ROI: 2.24%

Traditional ROI: 10.15%

16223 COUNTRY CLUB RD

Melfa, VA

3 beds | 2 baths | 2,249 sq.ft.

$445,000

Airbnb cash on cash: 0.85%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $1458

Traditional Rental Income: $2423

Airbnb ROI: 0.85%

Traditional ROI: 4.2%

28247 Harbor Rd

Melfa, VA

3 beds | 2 baths | 1,544 sq.ft.

$363,000

Airbnb cash on cash: 1.45%

Traditional cash on cash: 5%

Airbnb Rental Income: $1458

Traditional Rental Income: $2235

Airbnb ROI: 1.45%

Traditional ROI: 5%

19574 MAIN ST

Melfa, VA

3 beds | 1 baths | 960 sq.ft.

$189,000

Airbnb cash on cash: 3.92%

Traditional cash on cash: 8.1%

Airbnb Rental Income: $1458

Traditional Rental Income: $1776

Airbnb ROI: 3.92%

Traditional ROI: 8.1%

20253 Calvin Dr

Melfa, VA

3 beds | 2 baths | 960 sq.ft.

$168,000

Airbnb cash on cash: 4.69%

Traditional cash on cash: 9.91%

Airbnb Rental Income: $1458

Traditional Rental Income: $1862

Airbnb ROI: 4.69%

Traditional ROI: 9.91%

29636 SEASIDE RD

Melfa, VA

3 beds | 2 baths | 2,508 sq.ft.

$675,000

Airbnb cash on cash: -0.33%

Traditional cash on cash: 1.03%

Airbnb Rental Income: $1458

Traditional Rental Income: $1884

Airbnb ROI: -0.33%