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

Pennington Gap, VA has a median modeled monthly cash flow of $-9 and a median cap rate of 6.2%, on a median sold price of $123,000. Prices changed +3.2% year over year.

What is the average cap rate in Pennington Gap, VA?

The median cap rate across recently sold homes in Pennington Gap, VA is 6.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pennington Gap, VA?

The median sold price in Pennington Gap, VA is $123,000 (about $98 per square foot).

Investing in Pennington Gap, VA Real Estate

A data-driven snapshot of the Pennington Gap, 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.

$123,000Median sold price

$98Median $/sqft

6.2%Median cap rate

$-9Modeled cash flow / mo

+3.2%Appreciation YoY

9.2Months of supply

23Active listings

30Sold (last 12 mo)

What the Pennington Gap numbers say

In Pennington Gap, VA, the median home sold for $123,000 (about $98 per square foot), and the typical deal models out to a 6.2% cap rate with a median $-9 of monthly cash flow. Sold prices moved +3.2% over the past year. Inventory sits at about 9.2 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 Pennington Gap cash-flowing listings

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