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

Saluda, VA has a median modeled monthly cash flow of $-1,045 and a median cap rate of 3.0%, on a median sold price of $249,500. Prices changed -5.5% year over year.

What is the average cap rate in Saluda, VA?

The median cap rate across recently sold homes in Saluda, VA is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Saluda, VA?

The median sold price in Saluda, VA is $249,500 (about $206 per square foot).

Investing in Saluda, VA Real Estate

A data-driven snapshot of the Saluda, 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.

$249,500Median sold price

$206Median $/sqft

3.0%Median cap rate

$-1,045Modeled cash flow / mo

-5.5%Appreciation YoY

5.2Months of supply

46Active listings

107Sold (last 12 mo)

What the Saluda numbers say

In Saluda, VA, the median home sold for $249,500 (about $206 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,045 of monthly cash flow. Sold prices moved -5.5% over the past year. Inventory sits at about 5.2 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 Saluda cash-flowing listings

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