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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
374 FINLEY ROAD Raphine, VA Priced under appraisal and ready for its new owners. Nestled on 12 picturesque acres in th...	4 beds \| 3 baths \| 3,937 sq.ft.	$998,500	Airbnb cash on cash: -1.22% Traditional cash on cash: 2.24% Airbnb Rental Income: $436 Traditional Rental Income: $3382 Airbnb ROI: -1.22% Traditional ROI: 2.24%
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: 1.14% Traditional cash on cash: 3.07% Airbnb Rental Income: $1884 Traditional Rental Income: $2513 Airbnb ROI: 1.14% Traditional ROI: 3.07%
212 WATERFRONT DR Raphine, VA MOVE-IN READY! Welcome to the Neuville. This 1701 sq ft home sits on a half-acre lot and o...	4 beds \| 2 baths \| 1,698 sq.ft.	$383,990	Airbnb cash on cash: -0.86% Traditional cash on cash: 5.93% Airbnb Rental Income: $436 Traditional Rental Income: $2621 Airbnb ROI: -0.86% Traditional ROI: 5.93%
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.	$1,295,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 1.34% Airbnb Rental Income: $436 Traditional Rental Income: $3376 Airbnb ROI: -1.32% Traditional ROI: 1.34%
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: 1.56% Traditional cash on cash: 6.21% Airbnb Rental Income: $1884 Traditional Rental Income: $3337 Airbnb ROI: 1.56% 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: 5.55% Traditional cash on cash: 9.5% Airbnb Rental Income: $1884 Traditional Rental Income: $2104 Airbnb ROI: 5.55% 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.	$290,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 5.94% Airbnb Rental Income: $436 Traditional Rental Income: $2095 Airbnb ROI: -1.09% Traditional ROI: 5.94%
151 STEELES LN Raphine, VA Check out this like-new home! Almost everything has been recently upgraded including the r...	3 beds \| 2 baths \| 1,682 sq.ft.	$379,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 5.38% Airbnb Rental Income: $1884 Traditional Rental Income: $2436 Airbnb ROI: 2.42% Traditional ROI: 5.38%

Real Estate investment in Raphine, VA

There are 8 properties for sale in the city of Raphine . The median list price in Raphine is $416,995 and the average price per square foot is $172. In December 2025, the average monthly cash on cash return in Raphine is 6.00%. The average monthly rental income in Raphine is $2,567.

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

There are 8 investment properties available for sale in Raphine.

In 2025, the best neighborhood to buy investment property is Raphine.

The ROI for Short-Term is higher than the Long-Term in Raphine with average rental income of $1,160.

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.

$998,500

Airbnb cash on cash: -1.22%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $436

Traditional Rental Income: $3382

Airbnb ROI: -1.22%

Traditional ROI: 2.24%

Lot 15 WATERFRONT DR

Raphine, VA

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

$629,000

Airbnb cash on cash: 1.14%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $1884

Traditional Rental Income: $2513

Airbnb ROI: 1.14%

Traditional ROI: 3.07%

212 WATERFRONT DR

Raphine, VA

4 beds | 2 baths | 1,698 sq.ft.

$383,990

Airbnb cash on cash: -0.86%

Traditional cash on cash: 5.93%

Airbnb Rental Income: $436

Traditional Rental Income: $2621

Airbnb ROI: -0.86%

Traditional ROI: 5.93%

747 New Providence Rd

Raphine, VA

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

$1,295,000

Airbnb cash on cash: -1.32%

Traditional cash on cash: 1.34%

Airbnb Rental Income: $436

Traditional Rental Income: $3376

Airbnb ROI: -1.32%

Traditional ROI: 1.34%

8029 N Lee Highway

Raphine, VA

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

$450,000

Airbnb cash on cash: 1.56%

Traditional cash on cash: 6.21%

Airbnb Rental Income: $1884

Traditional Rental Income: $3337

Airbnb ROI: 1.56%

Traditional ROI: 6.21%

504 STEELES FORT RD

Raphine, VA

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

$192,500

Airbnb cash on cash: 5.55%

Traditional cash on cash: 9.5%

Airbnb Rental Income: $1884

Traditional Rental Income: $2104

Airbnb ROI: 5.55%

Traditional ROI: 9.5%

5787 BORDEN GRANT TRL

Raphine, VA

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

$290,000

Airbnb cash on cash: -1.09%

Traditional cash on cash: 5.94%

Airbnb Rental Income: $436

Traditional Rental Income: $2095

Airbnb ROI: -1.09%

Traditional ROI: 5.94%

151 STEELES LN

Raphine, VA

3 beds | 2 baths | 1,682 sq.ft.

$379,900

Airbnb cash on cash: 2.42%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $1884

Traditional Rental Income: $2436

Airbnb ROI: 2.42%