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

Henrico, VA has a median modeled monthly cash flow of $-1,044 and a median cap rate of 3.5%, on a median sold price of $410,000. Prices changed +3.2% year over year.

What is the average cap rate in Henrico, VA?

The median cap rate across recently sold homes in Henrico, VA is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Henrico, VA?

The median sold price in Henrico, VA is $410,000 (about $229 per square foot).

Investing in Henrico, VA Real Estate

A data-driven snapshot of the Henrico, 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.

$410,000Median sold price

$229Median $/sqft

3.5%Median cap rate

$-1,044Modeled cash flow / mo

+3.2%Appreciation YoY

7.0Months of supply

495Active listings

843Sold (last 12 mo)

What the Henrico numbers say

In Henrico, VA, the median home sold for $410,000 (about $229 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,044 of monthly cash flow. Sold prices moved +3.2% over the past year. Inventory sits at about 7.0 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 Henrico cash-flowing listings

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