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

Concord, VA has a median modeled monthly cash flow of $-1,004 and a median cap rate of 3.0%, on a median sold price of $274,450. Prices changed -3.6% year over year.

What is the average cap rate in Concord, VA?

The median cap rate across recently sold homes in Concord, VA is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Concord, VA?

The median sold price in Concord, VA is $274,450 (about $187 per square foot).

Investing in Concord, VA Real Estate

A data-driven snapshot of the Concord, 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.

$274,450Median sold price

$187Median $/sqft

3.0%Median cap rate

$-1,004Modeled cash flow / mo

-3.6%Appreciation YoY

5.8Months of supply

46Active listings

96Sold (last 12 mo)

What the Concord numbers say

In Concord, VA, the median home sold for $274,450 (about $187 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,004 of monthly cash flow. Sold prices moved -3.6% over the past year. Inventory sits at about 5.8 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 Concord cash-flowing listings

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