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

Cape Charles, VA has a median modeled monthly cash flow of $-2,643 and a median cap rate of 1.3%, on a median sold price of $492,500. Prices changed +11.1% 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 1.3%, 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 $492,500 (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.

$492,500Median sold price

$312Median $/sqft

1.3%Median cap rate

$-2,643Modeled cash flow / mo

+11.1%Appreciation YoY

16.2Months of supply

197Active listings

146Sold (last 12 mo)

What the Cape Charles numbers say

In Cape Charles, VA, the median home sold for $492,500 (about $312 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-2,643 of monthly cash flow. Sold prices moved +11.1% over the past year. Inventory sits at about 16.2 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.