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

Meherrin, VA has a median modeled monthly cash flow of $-806 and a median cap rate of 2.6%, on a median sold price of $247,500. Prices changed -4.5% year over year.

What is the average cap rate in Meherrin, VA?

The median cap rate across recently sold homes in Meherrin, VA is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Meherrin, VA?

The median sold price in Meherrin, VA is $247,500 (about $159 per square foot).

Investing in Meherrin, VA Real Estate

A data-driven snapshot of the Meherrin, 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.

$247,500Median sold price

$159Median $/sqft

2.6%Median cap rate

$-806Modeled cash flow / mo

-4.5%Appreciation YoY

5.0Months of supply

13Active listings

31Sold (last 12 mo)

What the Meherrin numbers say

In Meherrin, VA, the median home sold for $247,500 (about $159 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-806 of monthly cash flow. Sold prices moved -4.5% over the past year. Inventory sits at about 5.0 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 Meherrin cash-flowing listings

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