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

Martinsville, VA has a median modeled monthly cash flow of $-198 and a median cap rate of 5.1%, on a median sold price of $138,950. Prices changed +2.0% year over year.

What is the average cap rate in Martinsville, VA?

The median cap rate across recently sold homes in Martinsville, VA is 5.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Martinsville, VA?

The median sold price in Martinsville, VA is $138,950 (about $104 per square foot).

Investing in Martinsville, VA Real Estate

A data-driven snapshot of the Martinsville, 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.

$138,950Median sold price

$104Median $/sqft

5.1%Median cap rate

$-198Modeled cash flow / mo

+2.0%Appreciation YoY

11.3Months of supply

267Active listings

284Sold (last 12 mo)

What the Martinsville numbers say

In Martinsville, VA, the median home sold for $138,950 (about $104 per square foot), and the typical deal models out to a 5.1% cap rate with a median $-198 of monthly cash flow. Sold prices moved +2.0% over the past year. Inventory sits at about 11.3 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 Martinsville cash-flowing listings

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