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

Parksley, VA has a median modeled monthly cash flow of $-878 and a median cap rate of 2.6%, on a median sold price of $260,000. Prices changed +18.8% year over year.

What is the average cap rate in Parksley, VA?

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

What is the median home price in Parksley, VA?

The median sold price in Parksley, VA is $260,000 (about $164 per square foot).

Investing in Parksley, VA Real Estate

A data-driven snapshot of the Parksley, 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.

$260,000Median sold price

$164Median $/sqft

2.6%Median cap rate

$-878Modeled cash flow / mo

+18.8%Appreciation YoY

8.4Months of supply

21Active listings

30Sold (last 12 mo)

What the Parksley numbers say

In Parksley, VA, the median home sold for $260,000 (about $164 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-878 of monthly cash flow. Sold prices moved +18.8% over the past year. Inventory sits at about 8.4 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 Parksley cash-flowing listings

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