Real Estate Investment Properties for Sale in Raphine, VA

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

Explore a variety of short-term homes & houses in Raphine, VA. Invest wisely with VRBO & Raphine, 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 Raphine, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
374 FINLEY ROAD Raphine, VA Nestled on 12 picturesque acres in Virginia's storied horse country, this beautifully rest...	4 beds \| 3 baths \| 3,937 sq.ft.	$875,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 2.69% Airbnb Rental Income: $2918 Traditional Rental Income: $3382 Airbnb ROI: 1.29% Traditional ROI: 2.69%
Lot 15 WATERFRONT DR Raphine, VA The proposed plan for this home is just that, a proposal. It is a place to get started and...	3 beds \| 2 baths \| 1,759 sq.ft.	$629,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.07% Airbnb Rental Income: $807 Traditional Rental Income: $2513 Airbnb ROI: -0.39% Traditional ROI: 3.07%
747 New Providence Rd Raphine, VA Welcome to one of the finest horse farms in the Shenandoah Valley -- created by owners who...	4 beds \| 3 baths \| 2,885 sq.ft.	$1,249,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 1.43% Airbnb Rental Income: $2918 Traditional Rental Income: $3376 Airbnb ROI: 0.45% Traditional ROI: 1.43%
8029 N Lee Highway Raphine, VA Step into a slice of historic Rockbridge County at 8029 N. Lee Hwy.! Originally built in 1...	3 beds \| 3 baths \| 3,168 sq.ft.	$450,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 6.21% Airbnb Rental Income: $807 Traditional Rental Income: $3337 Airbnb ROI: -0.57% Traditional ROI: 6.21%
504 STEELES FORT RD Raphine, VA 2 in 1 investor special! House and single-wide mobile home. This 3 bedroom 1.5 bathroom ho...	3 beds \| 2 baths \| 1,288 sq.ft.	$192,500	Airbnb cash on cash: 0.64% Traditional cash on cash: 9.5% Airbnb Rental Income: $807 Traditional Rental Income: $2104 Airbnb ROI: 0.64% Traditional ROI: 9.5%
5787 BORDEN GRANT TRL Raphine, VA Beautiful ~7 acre farm with enormous opportunity! The late 1800's brick home is in need of...	4 beds \| 1 baths \| 3,021 sq.ft.	$287,500	Airbnb cash on cash: 6.55% Traditional cash on cash: 6% Airbnb Rental Income: $2918 Traditional Rental Income: $2095 Airbnb ROI: 6.55% Traditional ROI: 6%
2834 BROWNSBURG TPKE Raphine, VA Beautifully updated one-level brick home offering breathtaking mountain views on 2.04 priv...	3 beds \| 3 baths \| 1,916 sq.ft.	$569,500	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.09% Airbnb Rental Income: $807 Traditional Rental Income: $1926 Airbnb ROI: -0.63% Traditional ROI: 2.09%
125 Ridgemore Dr Raphine, VA Like-new custom home in northern Rockbridge County offers exceptional one-level living wit...	3 beds \| 3 baths \| 2,383 sq.ft.	$725,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 2.72% Airbnb Rental Income: $807 Traditional Rental Income: $2884 Airbnb ROI: -0.83% Traditional ROI: 2.72%

Real Estate investment in Raphine, VA

There are 9 properties for sale in the city of Raphine . The median list price in Raphine is $450,000 and the average price per square foot is $231. In February 2026, the average monthly cash on cash return in Raphine is 4.00%. The average monthly rental income in Raphine is $2,513.

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

There are 9 investment properties available for sale in Raphine.

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

The ROI for Long-Term is higher than the Short-Term in Raphine with average rental income of $2,513.

Your search for investment property begins and ends here

Investment Property for Sale in Raphine, VA

374 FINLEY ROAD

Raphine, VA

4 beds | 3 baths | 3,937 sq.ft.

$875,000

Airbnb cash on cash: 1.29%

Traditional cash on cash: 2.69%

Airbnb Rental Income: $2918

Traditional Rental Income: $3382

Airbnb ROI: 1.29%

Traditional ROI: 2.69%

Lot 15 WATERFRONT DR

Raphine, VA

3 beds | 2 baths | 1,759 sq.ft.

$629,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $807

Traditional Rental Income: $2513

Airbnb ROI: -0.39%

Traditional ROI: 3.07%

747 New Providence Rd

Raphine, VA

4 beds | 3 baths | 2,885 sq.ft.

$1,249,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 1.43%

Airbnb Rental Income: $2918

Traditional Rental Income: $3376

Airbnb ROI: 0.45%

Traditional ROI: 1.43%

8029 N Lee Highway

Raphine, VA

3 beds | 3 baths | 3,168 sq.ft.

$450,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 6.21%

Airbnb Rental Income: $807

Traditional Rental Income: $3337

Airbnb ROI: -0.57%

Traditional ROI: 6.21%

504 STEELES FORT RD

Raphine, VA

3 beds | 2 baths | 1,288 sq.ft.

$192,500

Airbnb cash on cash: 0.64%

Traditional cash on cash: 9.5%

Airbnb Rental Income: $807

Traditional Rental Income: $2104

Airbnb ROI: 0.64%

Traditional ROI: 9.5%

5787 BORDEN GRANT TRL

Raphine, VA

4 beds | 1 baths | 3,021 sq.ft.

$287,500

Airbnb cash on cash: 6.55%

Traditional cash on cash: 6%

Airbnb Rental Income: $2918

Traditional Rental Income: $2095

Airbnb ROI: 6.55%

Traditional ROI: 6%

2834 BROWNSBURG TPKE

Raphine, VA

3 beds | 3 baths | 1,916 sq.ft.

$569,500

Airbnb cash on cash: -0.63%

Traditional cash on cash: 2.09%

Airbnb Rental Income: $807

Traditional Rental Income: $1926

Airbnb ROI: -0.63%

Traditional ROI: 2.09%

125 Ridgemore Dr

Raphine, VA

3 beds | 3 baths | 2,383 sq.ft.

$725,000

Airbnb cash on cash: -0.83%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $807

Traditional Rental Income: $2884

Airbnb ROI: -0.83%