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

Manchester, VA has a median modeled monthly cash flow of $-427 and a median cap rate of 4.9%, on a median sold price of $372,000. Prices changed +4.5% year over year.

What is the average cap rate in Manchester, VA?

The median cap rate across recently sold homes in Manchester, VA is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Manchester, VA?

The median sold price in Manchester, VA is $372,000 (about $209 per square foot).

Investing in Manchester, VA Real Estate

A data-driven snapshot of the Manchester, 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.

$372,000Median sold price

$209Median $/sqft

4.9%Median cap rate

$-427Modeled cash flow / mo

+4.5%Appreciation YoY

6.7Months of supply

66Active listings

119Sold (last 12 mo)

What the Manchester numbers say

In Manchester, VA, the median home sold for $372,000 (about $209 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-427 of monthly cash flow. Sold prices moved +4.5% over the past year. Inventory sits at about 6.7 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 Manchester cash-flowing listings

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