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

Cape Charles, VA has a median modeled monthly cash flow of $-3,024 and a median cap rate of 1.2%, on a median sold price of $604,835. Prices changed +3.3% year over year.

What is the average cap rate in Cape Charles, VA?

The median cap rate across recently sold homes in Cape Charles, VA is 1.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cape Charles, VA?

The median sold price in Cape Charles, VA is $604,835 (about $312 per square foot).

Investing in Cape Charles, VA Real Estate

A data-driven snapshot of the Cape Charles, 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.

$604,835Median sold price

$312Median $/sqft

1.2%Median cap rate

$-3,024Modeled cash flow / mo

+3.3%Appreciation YoY

13.4Months of supply

130Active listings

116Sold (last 12 mo)

What the Cape Charles numbers say

In Cape Charles, VA, the median home sold for $604,835 (about $312 per square foot), and the typical deal models out to a 1.2% cap rate with a median $-3,024 of monthly cash flow. Sold prices moved +3.3% over the past year. Inventory sits at about 13.4 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 Virginia markets to compare

See Cape Charles cash-flowing listings

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