Real Estate Investment Properties for Sale in Pennington Gap, VA

Looking for investment property in Pennington Gap, VA with high ROI ?

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
41829 Wilderness Rd Pennington Gap, VA Great Opportunity! Completely Remodeled and Upgraded-Move In Ready! Partial List of Upgrad...	3 beds \| 2 baths \| 1,700 sq.ft.	$194,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 11.58% Airbnb Rental Income: $900 Traditional Rental Income: $2549 Airbnb ROI: 0.99% Traditional ROI: 11.58%
791 Kentucky St Pennington Gap, VA 791 Kentucky St, Pennington Gap, VA 24277 \| Single Family Residential	2 beds \| 1 baths \| 1,196 sq.ft.	$164,900	Airbnb cash on cash: -2.76% Traditional cash on cash: 6.61% Airbnb Rental Income: $159 Traditional Rental Income: $1418 Airbnb ROI: -2.76% Traditional ROI: 6.61%
308 Reese Dr Pennington Gap, VA 308 Reese Dr, Pennington Gap, VA 24277 \| Single Family Residential	4 beds \| 2 baths \| 2,349 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.65% Airbnb Rental Income: $null Traditional Rental Income: $2271 Airbnb ROI: N/A Traditional ROI: 5.65%
2017 Hwy 421 Pennington Gap, VA 2017 Hwy 421, Pennington Gap, VA 24277 \| Single Family Residential	3 beds \| 1 baths \| 980 sq.ft.	$105,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 11.75% Airbnb Rental Income: $900 Traditional Rental Income: $1475 Airbnb ROI: 2.78% Traditional ROI: 11.75%
630 Elk Knob Rd Pennington Gap, VA 630 Elk Knob Rd, Pennington Gap, VA 24277 \| Single Family Residential	3 beds \| 1 baths \| 1,608 sq.ft.	$89,900	Airbnb cash on cash: 3.52% Traditional cash on cash: 11.99% Airbnb Rental Income: $900 Traditional Rental Income: $1305 Airbnb ROI: 3.52% Traditional ROI: 11.99%
Tbd Otis Valley Loop Pennington Gap, VA Tbd Otis Valley Loop, Pennington Gap, VA 24277 \| Other	N/A beds \| N/A baths \| N/A	$139,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.9% Airbnb Rental Income: $null Traditional Rental Income: $855 Airbnb ROI: N/A Traditional ROI: 3.9%
Tbd Melzoni Rd Pennington Gap, VA Tbd Melzoni Rd, Pennington Gap, VA 24277 \| Other	N/A beds \| N/A baths \| N/A	$59,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.46% Airbnb Rental Income: $null Traditional Rental Income: $879 Airbnb ROI: N/A Traditional ROI: 11.46%

Real Estate investment in Pennington-gap, VA

There are 18 properties for sale in the city of Pennington Gap . The median list price in Pennington Gap is $129,900 and the average price per square foot is $86. In March 2026, the average monthly cash on cash return in Pennington Gap is 10.00%. The average monthly rental income in Pennington Gap is $1,638.

Pennington-gap, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 18 investment properties available for sale in Pennington-gap.

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

The ROI for Long-Term is higher than the Short-Term in Pennington-gap with average rental income of $1,638.

Your search for investment property begins and ends here

Investment Property for Sale in Pennington Gap, VA

41829 Wilderness Rd

Pennington Gap, VA

3 beds | 2 baths | 1,700 sq.ft.

$194,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 11.58%

Airbnb Rental Income: $900

Traditional Rental Income: $2549

Airbnb ROI: 0.99%

Traditional ROI: 11.58%

791 Kentucky St

Pennington Gap, VA

2 beds | 1 baths | 1,196 sq.ft.

$164,900

Airbnb cash on cash: -2.76%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $159

Traditional Rental Income: $1418

Airbnb ROI: -2.76%

Traditional ROI: 6.61%

308 Reese Dr

Pennington Gap, VA

4 beds | 2 baths | 2,349 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.65%

Airbnb Rental Income: $null

Traditional Rental Income: $2271

Airbnb ROI: N/A

Traditional ROI: 5.65%

2017 Hwy 421

Pennington Gap, VA

3 beds | 1 baths | 980 sq.ft.

$105,000

Airbnb cash on cash: 2.78%

Traditional cash on cash: 11.75%

Airbnb Rental Income: $900

Traditional Rental Income: $1475

Airbnb ROI: 2.78%

Traditional ROI: 11.75%

630 Elk Knob Rd

Pennington Gap, VA

3 beds | 1 baths | 1,608 sq.ft.

$89,900

Airbnb cash on cash: 3.52%

Traditional cash on cash: 11.99%

Airbnb Rental Income: $900

Traditional Rental Income: $1305

Airbnb ROI: 3.52%

Traditional ROI: 11.99%

Tbd Otis Valley Loop

Pennington Gap, VA

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

$139,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.9%

Airbnb Rental Income: $null

Traditional Rental Income: $855

Airbnb ROI: N/A

Traditional ROI: 3.9%

Tbd Melzoni Rd

Pennington Gap, VA

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

$59,000

Airbnb cash on cash: N/A

Traditional cash on cash: 11.46%

Airbnb Rental Income: $null

Traditional Rental Income: $879

Airbnb ROI: N/A

Traditional ROI: 11.46%

Real Estate investment in Pennington-gap, VA

Pennington-gap, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

How many investment properties are available for sale in Pennington-gap?

Which neighborhoods in Pennington-gap to invest in 2026?

Long-Term vs. Short-Term Rentals in Pennington-gap, Virginia: Which will earn the best returns?

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