Professional affordability calculator optimized for residential properties in Richmond. Local market data shows 6.4% average cap rates and $325,000 median property values.
This calculator is optimized for residential property investments in Richmond. The market data above reflects current conditions in the Richmond real estate market, helping you make informed decisions about residential property investments.
The Richmond, VA residential real estate market offers unique investment opportunities. With a median home price of $325,000 and average cap rates of 6.4%,residential properties in this market present a strong yield profile.
Current market conditions show properties averaging 35 days on market, with year-over-year appreciation of 4.8%. Average cash-on-cash returns for residential investments in Richmond are approximately 10.3%.