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

Independent Hill, VA has a median modeled monthly cash flow of $-2,094 and a median cap rate of 3.2%, on a median sold price of $799,900. Prices changed -1.3% year over year.

What is the average cap rate in Independent Hill, VA?

The median cap rate across recently sold homes in Independent Hill, VA is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Independent Hill, VA?

The median sold price in Independent Hill, VA is $799,900 (about $224 per square foot).

Investing in Independent Hill, VA Real Estate

A data-driven snapshot of the Independent Hill, 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.

$799,900Median sold price

$224Median $/sqft

3.2%Median cap rate

$-2,094Modeled cash flow / mo

-1.3%Appreciation YoY

5.1Months of supply

71Active listings

168Sold (last 12 mo)

What the Independent Hill numbers say

In Independent Hill, VA, the median home sold for $799,900 (about $224 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-2,094 of monthly cash flow. Sold prices moved -1.3% over the past year. Inventory sits at about 5.1 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 Independent Hill cash-flowing listings

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