Riner, VA — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

5.0%

Below average

Monthly Cash Flow

-$338

After all expenses

Price-to-Rent

12.4

Investor-friendly

DSCR

0.78

Fails

📊 Key Metrics

Median Home Price
$305,695
Average Rent (3BR)
$2,100/mo
Price-to-Rent Ratio
12.4(good)
1% Rule
0.68%(fails — need 1%+)
Cash-on-Cash Return
-6.1%
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

31.3%

Moderate

Section 8 Max Rent

$2,100/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 Riner for Investors

24149
Cap Rate: 5.6%Cash Flow: -$218/mo$346,248
24138
Cap Rate: 4.3%Cash Flow: -$458/mo$265,143

All Zip Codes in Riner

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
241495.6%-$218$346,248$2,580/mo0.88
241384.3%-$458$265,143$1,620/mo0.68