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

Hopewell, VA has a median modeled monthly cash flow of $-425 and a median cap rate of 4.4%, on a median sold price of $244,925. Prices changed +0.3% year over year.

What is the average cap rate in Hopewell, VA?

The median cap rate across recently sold homes in Hopewell, VA is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hopewell, VA?

The median sold price in Hopewell, VA is $244,925 (about $180 per square foot).

Investing in Hopewell, VA Real Estate

A data-driven snapshot of the Hopewell, 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.

$244,925Median sold price

$180Median $/sqft

4.4%Median cap rate

$-425Modeled cash flow / mo

+0.3%Appreciation YoY

8.8Months of supply

237Active listings

322Sold (last 12 mo)

What the Hopewell numbers say

In Hopewell, VA, the median home sold for $244,925 (about $180 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-425 of monthly cash flow. Sold prices moved +0.3% over the past year. Inventory sits at about 8.8 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 Hopewell cash-flowing listings

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