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

East Lexington, VA has a median modeled monthly cash flow of $-1,309 and a median cap rate of 2.7%, on a median sold price of $344,490. Prices changed +9.8% year over year.

What is the average cap rate in East Lexington, VA?

The median cap rate across recently sold homes in East Lexington, VA is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Lexington, VA?

The median sold price in East Lexington, VA is $344,490 (about $218 per square foot).

Investing in East Lexington, VA Real Estate

A data-driven snapshot of the East Lexington, 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.

$344,490Median sold price

$218Median $/sqft

2.7%Median cap rate

$-1,309Modeled cash flow / mo

+9.8%Appreciation YoY

5.3Months of supply

43Active listings

98Sold (last 12 mo)

What the East Lexington numbers say

In East Lexington, VA, the median home sold for $344,490 (about $218 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,309 of monthly cash flow. Sold prices moved +9.8% over the past year. Inventory sits at about 5.3 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 East Lexington cash-flowing listings

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