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

Waynesboro, VA has a median modeled monthly cash flow of $-865 and a median cap rate of 3.3%, on a median sold price of $309,250. Prices changed +1.8% year over year.

What is the average cap rate in Waynesboro, VA?

The median cap rate across recently sold homes in Waynesboro, VA is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Waynesboro, VA?

The median sold price in Waynesboro, VA is $309,250 (about $199 per square foot).

Investing in Waynesboro, VA Real Estate

A data-driven snapshot of the Waynesboro, 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.

$309,250Median sold price

$199Median $/sqft

3.3%Median cap rate

$-865Modeled cash flow / mo

+1.8%Appreciation YoY

6.6Months of supply

242Active listings

442Sold (last 12 mo)

What the Waynesboro numbers say

In Waynesboro, VA, the median home sold for $309,250 (about $199 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-865 of monthly cash flow. Sold prices moved +1.8% over the past year. Inventory sits at about 6.6 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 Waynesboro cash-flowing listings

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