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

Chesapeake, VA has a median modeled monthly cash flow of $-1,077 and a median cap rate of 3.7%, on a median sold price of $420,000. Prices changed -1.1% year over year.

What is the average cap rate in Chesapeake, VA?

The median cap rate across recently sold homes in Chesapeake, VA is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chesapeake, VA?

The median sold price in Chesapeake, VA is $420,000 (about $219 per square foot).

Investing in Chesapeake, VA Real Estate

A data-driven snapshot of the Chesapeake, 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.

$420,000Median sold price

$219Median $/sqft

3.7%Median cap rate

$-1,077Modeled cash flow / mo

-1.1%Appreciation YoY

5.1Months of supply

1,594Active listings

3,756Sold (last 12 mo)

What the Chesapeake numbers say

In Chesapeake, VA, the median home sold for $420,000 (about $219 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-1,077 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 5.1 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 Chesapeake cash-flowing listings

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