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 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: N/A Traditional cash on cash: 2.24% Airbnb Rental Income: $null Traditional Rental Income: $3382 Airbnb ROI: N/A Traditional ROI: 2.24%
603 DABNEYS RD Raphine, VA As you turn onto the driveway, be transported into your own private oasis. Custom built, o...	4 beds \| 4 baths \| 4,076 sq.ft.	$1,350,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.59% Airbnb Rental Income: $null Traditional Rental Income: $3922 Airbnb ROI: N/A Traditional ROI: 1.59%
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: 1.15% Traditional cash on cash: 3.07% Airbnb Rental Income: $1894 Traditional Rental Income: $2513 Airbnb ROI: 1.15% 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.	$384,890	Airbnb cash on cash: N/A Traditional cash on cash: 5.92% Airbnb Rental Income: $null Traditional Rental Income: $2621 Airbnb ROI: N/A Traditional ROI: 5.92%
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: N/A Traditional cash on cash: 1.34% Airbnb Rental Income: $null Traditional Rental Income: $3376 Airbnb ROI: N/A Traditional ROI: 1.34%
31 GOOD VIEW DR Raphine, VA Sitting at over 2,000 feet of elevation, Sky Top offers breathtaking panoramic views of th...	3 beds \| 3 baths \| 2,725 sq.ft.	$875,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.64% Airbnb Rental Income: $1894 Traditional Rental Income: $3431 Airbnb ROI: 0.14% Traditional ROI: 2.64%
7598 N LEE HWY Raphine, VA Nestled on nearly 50 acres of serene natural beauty, this stunning Usonian-style homeâde...	2 beds \| 2 baths \| 1,960 sq.ft.	$899,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 1.73% Airbnb Rental Income: $2272 Traditional Rental Income: $2672 Airbnb ROI: 0.57% Traditional ROI: 1.73%
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: 1.58% Traditional cash on cash: 6.21% Airbnb Rental Income: $1894 Traditional Rental Income: $3337 Airbnb ROI: 1.58% 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.	$194,000	Airbnb cash on cash: 5.55% Traditional cash on cash: 9.42% Airbnb Rental Income: $1894 Traditional Rental Income: $2104 Airbnb ROI: 5.55% Traditional ROI: 9.42%
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.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.83% Airbnb Rental Income: $null Traditional Rental Income: $2095 Airbnb ROI: N/A Traditional ROI: 5.83%
742 & 830 HIGH ROCK RD Raphine, VA Welcome to Willardville, a one-of-a-kind Virginia farm with special history and potential....	2 beds \| 3 baths \| 2,885 sq.ft.	$3,295,000	Airbnb cash on cash: -0.63% Traditional cash on cash: -0.2% Airbnb Rental Income: $2272 Traditional Rental Income: $3023 Airbnb ROI: -0.63% Traditional ROI: -0.2%
151 STEELES LN Raphine, VA Experience the allure of this home as soon as you enter. Combining old world charm with mo...	3 beds \| 2 baths \| 1,682 sq.ft.	$399,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.06% Airbnb Rental Income: $1894 Traditional Rental Income: $2436 Airbnb ROI: 2.27% Traditional ROI: 5.06%
6614 MIDDLEBROOK RD Raphine, VA Tucked away in a serene natural setting, this one-of-a-kind property offers the perfect bl...	2 beds \| 2 baths \| 1,497 sq.ft.	$688,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 2.51% Airbnb Rental Income: $2272 Traditional Rental Income: $2507 Airbnb ROI: 1.26% Traditional ROI: 2.51%

Real Estate investment in Raphine, VA

There are 13 properties for sale in the city of Raphine . The median list price in Raphine is $688,000 and the average price per square foot is $275. In October 2025, the average monthly cash on cash return in Raphine is 3.00%. The average monthly rental income in Raphine is $2,672.

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

There are 13 investment properties available for sale in Raphine.

In 2025, 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 $2,672.

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: N/A

Traditional cash on cash: 2.24%

Airbnb Rental Income: $null

Traditional Rental Income: $3382

Airbnb ROI: N/A

Traditional ROI: 2.24%

603 DABNEYS RD

Raphine, VA

4 beds | 4 baths | 4,076 sq.ft.

$1,350,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.59%

Airbnb Rental Income: $null

Traditional Rental Income: $3922

Airbnb ROI: N/A

Traditional ROI: 1.59%

Lot 15 WATERFRONT DR

Raphine, VA

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

$629,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $1894

Traditional Rental Income: $2513

Airbnb ROI: 1.15%

Traditional ROI: 3.07%

212 WATERFRONT DR

Raphine, VA

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

$384,890

Airbnb cash on cash: N/A

Traditional cash on cash: 5.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2621

Airbnb ROI: N/A

Traditional ROI: 5.92%

747 New Providence Rd

Raphine, VA

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

$1,295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.34%

Airbnb Rental Income: $null

Traditional Rental Income: $3376

Airbnb ROI: N/A

Traditional ROI: 1.34%

31 GOOD VIEW DR

Raphine, VA

3 beds | 3 baths | 2,725 sq.ft.

$875,000

Airbnb cash on cash: 0.14%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $1894

Traditional Rental Income: $3431

Airbnb ROI: 0.14%

Traditional ROI: 2.64%

7598 N LEE HWY

Raphine, VA

2 beds | 2 baths | 1,960 sq.ft.

$899,000

Airbnb cash on cash: 0.57%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $2272

Traditional Rental Income: $2672

Airbnb ROI: 0.57%

Traditional ROI: 1.73%

8029 N Lee Highway

Raphine, VA

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

$450,000

Airbnb cash on cash: 1.58%

Traditional cash on cash: 6.21%

Airbnb Rental Income: $1894

Traditional Rental Income: $3337

Airbnb ROI: 1.58%