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

New Kent, VA has a median modeled monthly cash flow of $-2,315 and a median cap rate of 1.8%, on a median sold price of $449,975. Prices changed +4.3% year over year.

What is the average cap rate in New Kent, VA?

The median cap rate across recently sold homes in New Kent, VA is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Kent, VA?

The median sold price in New Kent, VA is $449,975 (about $220 per square foot).

Investing in New Kent, VA Real Estate

A data-driven snapshot of the New Kent, 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.

$449,975Median sold price

$220Median $/sqft

1.8%Median cap rate

$-2,315Modeled cash flow / mo

+4.3%Appreciation YoY

11.2Months of supply

402Active listings

430Sold (last 12 mo)

What the New Kent numbers say

In New Kent, VA, the median home sold for $449,975 (about $220 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-2,315 of monthly cash flow. Sold prices moved +4.3% over the past year. Inventory sits at about 11.2 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 New Kent cash-flowing listings

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