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

Mechanicsville, VA has a median modeled monthly cash flow of $-1,356 and a median cap rate of 3.1%, on a median sold price of $450,000. Prices changed +3.7% year over year.

What is the average cap rate in Mechanicsville, VA?

The median cap rate across recently sold homes in Mechanicsville, VA is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mechanicsville, VA?

The median sold price in Mechanicsville, VA is $450,000 (about $225 per square foot).

Investing in Mechanicsville, VA Real Estate

A data-driven snapshot of the Mechanicsville, 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.

$450,000Median sold price

$225Median $/sqft

3.1%Median cap rate

$-1,356Modeled cash flow / mo

+3.7%Appreciation YoY

5.3Months of supply

346Active listings

787Sold (last 12 mo)

What the Mechanicsville numbers say

In Mechanicsville, VA, the median home sold for $450,000 (about $225 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,356 of monthly cash flow. Sold prices moved +3.7% over the past year. Inventory sits at about 5.3 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 Mechanicsville cash-flowing listings

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