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

Portsmouth, VA has a median modeled monthly cash flow of $-396 and a median cap rate of 4.6%, on a median sold price of $283,000. Prices changed -0.5% year over year.

What is the average cap rate in Portsmouth, VA?

The median cap rate across recently sold homes in Portsmouth, VA is 4.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Portsmouth, VA?

The median sold price in Portsmouth, VA is $283,000 (about $185 per square foot).

Investing in Portsmouth, VA Real Estate

A data-driven snapshot of the Portsmouth, 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.

$283,000Median sold price

$185Median $/sqft

4.6%Median cap rate

$-396Modeled cash flow / mo

-0.5%Appreciation YoY

5.0Months of supply

671Active listings

1,605Sold (last 12 mo)

What the Portsmouth numbers say

In Portsmouth, VA, the median home sold for $283,000 (about $185 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-396 of monthly cash flow. Sold prices moved -0.5% 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 Portsmouth cash-flowing listings

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