Bristol, VA — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.9%

Below average

Monthly Cash Flow

-$432

After all expenses

Price-to-Rent

14.7

Investor-friendly

DSCR

0.61

Fails

📊 Key Metrics

Median Home Price
$207,647
Average Rent (3BR)
$1,250/mo
Price-to-Rent Ratio
14.7(good)
1% Rule
0.57%(fails — need 1%+)
Cash-on-Cash Return
-10.8%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.8%(-0.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+0.3% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.8%

of assessed value (VA avg)

Median Income

$80,615

household (VA avg)

Rent-to-Income

18.6%

Affordable

Section 8 Max Rent

$1,250/mo

3BR voucher payment

🏛️ VA Investor Climate

Landlord Friendly

6/10

State Income Tax

Has state tax

Property Tax

0.8% effective

Population Trend

+0.3% (3yr)

🏘️ Best Zip Codes in Bristol for Investors

24201
Cap Rate: 5.1%Cash Flow: -$197/mo$181,388
24258
Cap Rate: 3.9%Cash Flow: -$432/mo$207,647
24202
Cap Rate: 3.2%Cash Flow: -$658/mo$249,693

All Zip Codes in Bristol

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
242015.1%-$197$181,388$1,250/mo0.80
242583.9%-$432$207,647$1,180/mo0.61
242023.2%-$658$249,693$1,250/mo0.51