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

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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: 5.93% Traditional cash on cash: 6.71% Airbnb Rental Income: $2723 Traditional Rental Income: $2292 Airbnb ROI: 5.93% Traditional ROI: 6.71%
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: 3.59% Traditional cash on cash: 10.15% Airbnb Rental Income: $1053 Traditional Rental Income: $1494 Airbnb ROI: 3.59% 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: 1.65% Traditional cash on cash: 4.2% Airbnb Rental Income: $1856 Traditional Rental Income: $2423 Airbnb ROI: 1.65% 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: 2.43% Traditional cash on cash: 5% Airbnb Rental Income: $1856 Traditional Rental Income: $2235 Airbnb ROI: 2.43% 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: 5.77% Traditional cash on cash: 8.1% Airbnb Rental Income: $1856 Traditional Rental Income: $1776 Airbnb ROI: 5.77% Traditional ROI: 8.1%
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: 0.19% Traditional cash on cash: 1.03% Airbnb Rental Income: $1856 Traditional Rental Income: $1884 Airbnb ROI: 0.19% Traditional ROI: 1.03%
Lot 29 White Tail Ln #29 Melfa, VA Lot 29 White Tail Ln #29, Melfa, VA 23410 \| Other	N/A beds \| N/A baths \| N/A	$45,000	Airbnb cash on cash: 9.81% Traditional cash on cash: 9.91% Airbnb Rental Income: $984 Traditional Rental Income: $636 Airbnb ROI: 9.81% Traditional ROI: 9.91%
Lot 55 Harbor Rd #55 Melfa, VA Lot 55 Harbor Rd #55, Melfa, VA 23410 \| Other	N/A beds \| N/A baths \| N/A	$49,000	Airbnb cash on cash: 8.96% Traditional cash on cash: 9.12% Airbnb Rental Income: $984 Traditional Rental Income: $639 Airbnb ROI: 8.96% Traditional ROI: 9.12%
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: 1.76% Traditional cash on cash: 1.79% Airbnb Rental Income: $984 Traditional Rental Income: $635 Airbnb ROI: 1.76% 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: 3.27% Traditional cash on cash: 6.72% Airbnb Rental Income: $1856 Traditional Rental Income: $2300 Airbnb ROI: 3.27% Traditional ROI: 6.72%
LOT 40 Doe Xing #40 Melfa, VA LOT 40 Doe Xing #40, Melfa, VA 23410 \| Other	N/A beds \| N/A baths \| N/A	$55,000	Airbnb cash on cash: 7.87% Traditional cash on cash: 8.05% Airbnb Rental Income: $984 Traditional Rental Income: $641 Airbnb ROI: 7.87% Traditional ROI: 8.05%
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: 4.1% Traditional cash on cash: 6.44% Airbnb Rental Income: $1856 Traditional Rental Income: $1909 Airbnb ROI: 4.1% 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: 0.5% Traditional cash on cash: 0.52% Airbnb Rental Income: $984 Traditional Rental Income: $636 Airbnb ROI: 0.5% 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: 0.5% Traditional cash on cash: 0.52% Airbnb Rental Income: $984 Traditional Rental Income: $636 Airbnb ROI: 0.5% 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: 2.56% Traditional cash on cash: 6.39% Airbnb Rental Income: $1856 Traditional Rental Income: $2612 Airbnb ROI: 2.56% 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: 2.63% Traditional cash on cash: 6.01% Airbnb Rental Income: $1856 Traditional Rental Income: $2436 Airbnb ROI: 2.63% 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: 4.47% Traditional cash on cash: 6.26% Airbnb Rental Income: $1856 Traditional Rental Income: $1750 Airbnb ROI: 4.47% Traditional ROI: 6.26%
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: 3.73% Traditional cash on cash: 3.79% Airbnb Rental Income: $984 Traditional Rental Income: $637 Airbnb ROI: 3.73% Traditional ROI: 3.79%
15049 BLENHEIM WAY Melfa, VA Welcome toBlenheim, a well established waterfront community. This lovely colonial style ho...	4 beds \| 3 baths \| 2,840 sq.ft.	$850,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 2.74% Airbnb Rental Income: $2723 Traditional Rental Income: $3311 Airbnb ROI: 1.19% Traditional ROI: 2.74%
29009 JACKSON ST Melfa, VA Unique, one-of-a-kind opportunity in a quaint small-town setting! Situated on a desirable ...	3 beds \| 2 baths \| 1,344 sq.ft.	$189,000	Airbnb cash on cash: 5.63% Traditional cash on cash: 9.99% Airbnb Rental Income: $1856 Traditional Rental Income: $2140 Airbnb ROI: 5.63% Traditional ROI: 9.99%
28264 Fairway Dr Melfa, VA If you've been looking for a home that offers quality construction, generous living space,...	5 beds \| 3 baths \| 5,324 sq.ft.	$825,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 2.94% Airbnb Rental Income: $1523 Traditional Rental Income: $3748 Airbnb ROI: -0.53% Traditional ROI: 2.94%
29097 Bull St Melfa, VA 29097 Bull St, Melfa, VA 23410 \| Single Family Residential	3 beds \| 2 baths \| 1,260 sq.ft.	$262,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 4.38% Airbnb Rental Income: $1856 Traditional Rental Income: $1625 Airbnb ROI: 3.3% Traditional ROI: 4.38%
30332 Seaside Rd Melfa, VA 30332 Seaside Rd, Melfa, VA 23410 \| Single Family Residential	3 beds \| 2 baths \| 1,008 sq.ft.	$160,000	Airbnb cash on cash: 6.47% Traditional cash on cash: 7.65% Airbnb Rental Income: $1856 Traditional Rental Income: $1539 Airbnb ROI: 6.47% Traditional ROI: 7.65%

Real Estate investment in Melfa, VA

There are 24 properties for sale in the city of Melfa . The median list price in Melfa is $52,350 and the average price per square foot is $30. In July 2026, the average monthly cash on cash return in Melfa is 6.00%. The average monthly rental income in Melfa is $1,776.

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

There are 24 investment properties available for sale in Melfa.

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

The ROI for Long-Term is higher than the Short-Term in Melfa with average rental income of $1,776.

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: 5.93%

Traditional cash on cash: 6.71%

Airbnb Rental Income: $2723

Traditional Rental Income: $2292

Airbnb ROI: 5.93%

Traditional ROI: 6.71%

28222 Lankford Hwy

Melfa, VA

2 beds | 1 baths | 640 sq.ft.

$127,500

Airbnb cash on cash: 3.59%

Traditional cash on cash: 10.15%

Airbnb Rental Income: $1053

Traditional Rental Income: $1494

Airbnb ROI: 3.59%

Traditional ROI: 10.15%

16223 Country Club Rd

Melfa, VA

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

$445,000

Airbnb cash on cash: 1.65%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $1856

Traditional Rental Income: $2423

Airbnb ROI: 1.65%

Traditional ROI: 4.2%

28247 Harbor Rd

Melfa, VA

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

$363,000

Airbnb cash on cash: 2.43%

Traditional cash on cash: 5%

Airbnb Rental Income: $1856

Traditional Rental Income: $2235

Airbnb ROI: 2.43%

Traditional ROI: 5%

19574 MAIN ST

Melfa, VA

3 beds | 1 baths | 960 sq.ft.

$189,000

Airbnb cash on cash: 5.77%

Traditional cash on cash: 8.1%

Airbnb Rental Income: $1856

Traditional Rental Income: $1776

Airbnb ROI: 5.77%

Traditional ROI: 8.1%

29636 SEASIDE RD

Melfa, VA

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

$675,000

Airbnb cash on cash: 0.19%

Traditional cash on cash: 1.03%

Airbnb Rental Income: $1856

Traditional Rental Income: $1884

Airbnb ROI: 0.19%

Traditional ROI: 1.03%

Lot 29 White Tail Ln #29

Melfa, VA

N/A beds | N/A baths | N/A

$45,000

Airbnb cash on cash: 9.81%

Traditional cash on cash: 9.91%

Airbnb Rental Income: $984

Traditional Rental Income: $636

Airbnb ROI: 9.81%

Traditional ROI: 9.91%

Lot 55 Harbor Rd #55

Melfa, VA

N/A beds | N/A baths | N/A

$49,000

Airbnb cash on cash: 8.96%

Traditional cash on cash: 9.12%

Airbnb Rental Income: $984

Traditional Rental Income: $639

Airbnb ROI: 8.96%