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

Petersburg, VA has a median modeled monthly cash flow of $-318 and a median cap rate of 4.7%, on a median sold price of $235,000. Prices changed -1.3% year over year.

What is the average cap rate in Petersburg, VA?

The median cap rate across recently sold homes in Petersburg, VA is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Petersburg, VA?

The median sold price in Petersburg, VA is $235,000 (about $156 per square foot).

Investing in Petersburg, VA Real Estate

A data-driven snapshot of the Petersburg, 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.

$235,000Median sold price

$156Median $/sqft

4.7%Median cap rate

$-318Modeled cash flow / mo

-1.3%Appreciation YoY

10.8Months of supply

440Active listings

488Sold (last 12 mo)

What the Petersburg numbers say

In Petersburg, VA, the median home sold for $235,000 (about $156 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-318 of monthly cash flow. Sold prices moved -1.3% over the past year. Inventory sits at about 10.8 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 Petersburg cash-flowing listings

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