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

Cherry Hill, VA has a median modeled monthly cash flow of $-1,463 and a median cap rate of 3.2%, on a median sold price of $600,000. Prices changed +0.8% year over year.

What is the average cap rate in Cherry Hill, VA?

The median cap rate across recently sold homes in Cherry Hill, VA is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cherry Hill, VA?

The median sold price in Cherry Hill, VA is $600,000 (about $241 per square foot).

Investing in Cherry Hill, VA Real Estate

A data-driven snapshot of the Cherry Hill, 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.

$600,000Median sold price

$241Median $/sqft

3.2%Median cap rate

$-1,463Modeled cash flow / mo

+0.8%Appreciation YoY

6.3Months of supply

170Active listings

325Sold (last 12 mo)

What the Cherry Hill numbers say

In Cherry Hill, VA, the median home sold for $600,000 (about $241 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-1,463 of monthly cash flow. Sold prices moved +0.8% over the past year. Inventory sits at about 6.3 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 Cherry Hill cash-flowing listings

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