Is Blacksburg, VA a good place to invest in rental property?

Blacksburg, VA has a median modeled monthly cash flow of $-1,756 and a median cap rate of 2.5%, on a median sold price of $440,000. Prices changed +2.3% year over year.

What is the average cap rate in Blacksburg, VA?

The median cap rate across recently sold homes in Blacksburg, VA is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Blacksburg, VA?

The median sold price in Blacksburg, VA is $440,000 (about $227 per square foot).

Investing in Blacksburg, VA Real Estate

A data-driven snapshot of the Blacksburg, VA 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.

$440,000Median sold price

$227Median $/sqft

2.5%Median cap rate

$-1,756Modeled cash flow / mo

+2.3%Appreciation YoY

7.0Months of supply

217Active listings

370Sold (last 12 mo)

What the Blacksburg numbers say

In Blacksburg, VA, the median home sold for $440,000 (about $227 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,756 of monthly cash flow. Sold prices moved +2.3% over the past year. Inventory sits at about 7.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Virginia markets to compare

See Blacksburg cash-flowing listings

CashFlowRE ranks every for-sale home in Blacksburg, VA 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 Blacksburg deals, or browse the national market data.