Is Henrico, NC a good place to invest in rental property?

Henrico, NC has a median modeled monthly cash flow of $-2,247 and a median cap rate of 1.7%, on a median sold price of $699,000. Prices changed +3.4% year over year.

What is the average cap rate in Henrico, NC?

The median cap rate across recently sold homes in Henrico, NC is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Henrico, NC?

The median sold price in Henrico, NC is $699,000 (about $365 per square foot).

Investing in Henrico, NC Real Estate

A data-driven snapshot of the Henrico, NC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$699,000Median sold price

$365Median $/sqft

1.7%Median cap rate

$-2,247Modeled cash flow / mo

+3.4%Appreciation YoY

8.8Months of supply

33Active listings

45Sold (last 12 mo)

What the Henrico numbers say

In Henrico, NC, the median home sold for $699,000 (about $365 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-2,247 of monthly cash flow. Sold prices moved +3.4% over the past year. Inventory sits at about 8.8 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other North Carolina markets to compare

See Henrico cash-flowing listings

CashFlowRE ranks every for-sale home in Henrico, NC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Henrico deals, or browse the national market data.