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

Locust Grove, VA has a median modeled monthly cash flow of $-661 and a median cap rate of 4.3%, on a median sold price of $393,410. Prices changed +0.5% year over year.

What is the average cap rate in Locust Grove, VA?

The median cap rate across recently sold homes in Locust Grove, VA is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Locust Grove, VA?

The median sold price in Locust Grove, VA is $393,410 (about $195 per square foot).

Investing in Locust Grove, VA Real Estate

A data-driven snapshot of the Locust Grove, 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.

$393,410Median sold price

$195Median $/sqft

4.3%Median cap rate

$-661Modeled cash flow / mo

+0.5%Appreciation YoY

11.0Months of supply

120Active listings

131Sold (last 12 mo)

What the Locust Grove numbers say

In Locust Grove, VA, the median home sold for $393,410 (about $195 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-661 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 11.0 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 Locust Grove cash-flowing listings

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