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

Chincoteague, VA has a median modeled monthly cash flow of $-1,706 and a median cap rate of 1.3%, on a median sold price of $340,000. Prices changed +2.3% year over year.

What is the average cap rate in Chincoteague, VA?

The median cap rate across recently sold homes in Chincoteague, VA is 1.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chincoteague, VA?

The median sold price in Chincoteague, VA is $340,000 (about $289 per square foot).

Investing in Chincoteague, VA Real Estate

A data-driven snapshot of the Chincoteague, 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.

$340,000Median sold price

$289Median $/sqft

1.3%Median cap rate

$-1,706Modeled cash flow / mo

+2.3%Appreciation YoY

9.4Months of supply

101Active listings

129Sold (last 12 mo)

What the Chincoteague numbers say

In Chincoteague, VA, the median home sold for $340,000 (about $289 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-1,706 of monthly cash flow. Sold prices moved +2.3% over the past year. Inventory sits at about 9.4 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 Chincoteague cash-flowing listings

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