Is Goochland County, VA good for real estate investing?

Goochland County has an investment score of 51/100, rated as "Hold". The county ranks #762 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Goochland?

The rent-to-price ratio in Goochland County is 3.94% annually, which ranks in the 4th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Goochland?

The median home price in Goochland County is $563,567. This ranks #937 in affordability among all US counties.

Can you cash flow on rental properties in Goochland?

Based on median values with 20% down at current rates, a typical rental in Goochland County would generate negative cash flow of $1,751/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Goochland County

VirginiaPopulation: 24,906

/100

Hold

#762 of 1,000 counties

#110 in Virginia (133 counties)

Market Snapshot

$563,567

Median Home Price

106% above national median

$1,852/mo

Median Rent

24% above national median

3.94%

Rent-to-Price Ratio

Top 96% nationally

-$1,751

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$563,567

Down Payment (20%)$112,713

Loan Amount$450,854

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,852

Monthly P&I-$2,954

Est. Expenses (35%)-$648

Net Cash Flow-$1,751/mo

2.6%

Cap Rate (all cash)

-16.2%

Cash-on-Cash Return

3.94%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 2.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

51/100

Cash Flow(30%)

29/100

Based on 3.94% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

81/100

Based on 3.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

50/100

Price-to-income ratio of 5.3x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Complete rent data available

Challenges

-Below-average rent-to-price ratio (3.94%)
-Negative cash flow at typical financing (-$1,751/mo)
-Negative leverage (cap rate 2.6% < mortgage rate 6.9%)

Economic Indicators

Population

24,906

Median Income

$105,600

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

5.3x

Less affordable

Compare to Nearby Counties

County					Verdict
Prince WilliamVA	52	$573,238	$2,229	4.67%	Hold	View
ShenandoahVA	52	$334,005	$1,647	5.92%	Hold	View
AmherstVA	52	$253,199	$1,074	5.09%	Hold	View
CurrentGoochlandVA	51	$563,567	$1,852	3.94%	Hold
LoudounVA	49	$778,995	$2,669	4.11%	Hold	View
Richmond CityVA	49	$355,757	$1,578	5.32%	Hold	View

The Bottom Line

HoldGoochland is a neutral market. Consider house hacking or targeting below-market deals.

Goochland County in Virginia scores 51/100, ranking #762 of 1,000 US counties (top 76%). The 3.94% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-1,751/mo

Cap Rate

2.6%

Cash-on-Cash

-16.2%

Ready to Analyze a Deal in Goochland?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$563,567

Down Payment (20%)$112,713

Loan Amount$450,854

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,852

Monthly P&I-$2,954

Est. Expenses (35%)-$648

Net Cash Flow-$1,751/mo

2.6%

Cap Rate (all cash)

-16.2%

Cash-on-Cash Return

3.94%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 2.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

51/100

Cash Flow(30%)

29/100

Based on 3.94% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

81/100

Based on 3.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

50/100

Price-to-income ratio of 5.3x. Lower ratios indicate more affordable markets.

County

Verdict

Prince WilliamVA

$573,238

$2,229

4.67%

Hold

View

ShenandoahVA

$334,005

$1,647

5.92%

Hold

View

AmherstVA

$253,199

$1,074

5.09%

Hold

View

CurrentGoochlandVA

$563,567

$1,852

3.94%

Hold

LoudounVA

$778,995

$2,669

4.11%

Hold

View

Richmond CityVA

$355,757

$1,578

5.32%

Hold

View

The Bottom Line

HoldGoochland is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-1,751/mo

Cap Rate

2.6%

Cash-on-Cash

-16.2%