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

Groveton, VA has a median modeled monthly cash flow of $-2,354 and a median cap rate of 2.7%, on a median sold price of $663,500. Prices changed +2.6% year over year.

What is the average cap rate in Groveton, VA?

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

What is the median home price in Groveton, VA?

The median sold price in Groveton, VA is $663,500 (about $381 per square foot).

Investing in Groveton, VA Real Estate

A data-driven snapshot of the Groveton, 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.

$663,500Median sold price

$381Median $/sqft

2.7%Median cap rate

$-2,354Modeled cash flow / mo

+2.6%Appreciation YoY

4.9Months of supply

54Active listings

133Sold (last 12 mo)

What the Groveton numbers say

In Groveton, VA, the median home sold for $663,500 (about $381 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-2,354 of monthly cash flow. Sold prices moved +2.6% over the past year. Inventory sits at about 4.9 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 Groveton cash-flowing listings

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