Is Isle of Wight County, VA good for real estate investing?

Isle of Wight County has an investment score of 65/100, rated as "Buy". The county ranks #211 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Isle of Wight?

The rent-to-price ratio in Isle of Wight County is 6.86% annually, which ranks in the 73th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Isle of Wight?

The median home price in Isle of Wight County is $370,714. This ranks #797 in affordability among all US counties.

Can you cash flow on rental properties in Isle of Wight?

Based on median values with 20% down at current rates, a typical rental in Isle of Wight County would generate negative cash flow of $566/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Isle of Wight County

VirginiaPopulation: 38,898Virginia Beach, VA Metro

/100

Buy

#211 of 1,000 counties

#31 in Virginia (133 counties)

Market Snapshot

$370,714

Median Home Price

59% above national median

$2,119/mo

Median Rent

40% above national median

6.86%

Rent-to-Price Ratio

Top 27% nationally

-$566

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$370,714

Down Payment (20%)$74,143

Loan Amount$296,571

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,119

Monthly P&I-$1,943

Est. Expenses (35%)-$742

Net Cash Flow-$566/mo

4.5%

Cap Rate (all cash)

-8.0%

Cash-on-Cash Return

6.86%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.5% 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

65/100

Cash Flow(30%)

69/100

Based on 6.86% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

74/100

Based on 2.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

69/100

Price-to-income ratio of 4.0x. 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

+Above-average rent-to-price ratio (6.86%)
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$566/mo)
-Negative leverage (cap rate 4.5% < mortgage rate 6.9%)

Economic Indicators

Population

38,898

Median Income

$91,680

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.0x

Moderately affordable

Compare to Nearby Counties

County					Verdict
Roanoke CityVA	67	$215,833	$1,271	7.06%	Buy	View
CurrentIsle of WightVA	65	$370,714	$2,119	6.86%	Buy
MecklenburgVA	64	$198,731	$1,484	8.96%	Buy	View
RoanokeVA	64	$325,167	$1,582	5.84%	Buy	View
RockbridgeVA	63	$316,023	Est. pending	—	Buy	View
RockinghamVA	63	$351,766	$1,863	6.35%	Buy	View

The Bottom Line

BuyIsle of Wight offers solid investment potential with good cash flow or appreciation prospects.

Isle of Wight County in Virginia scores 65/100, ranking #211 of 1,000 US counties (top 28%). The 6.86% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-566/mo

Cap Rate

4.5%

Cash-on-Cash

-8.0%

Ready to Analyze a Deal in Isle of Wight?

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$370,714

Down Payment (20%)$74,143

Loan Amount$296,571

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,119

Monthly P&I-$1,943

Est. Expenses (35%)-$742

Net Cash Flow-$566/mo

4.5%

Cap Rate (all cash)

-8.0%

Cash-on-Cash Return

6.86%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.5% 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

65/100

Cash Flow(30%)

69/100

Based on 6.86% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

74/100

Based on 2.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

69/100

Price-to-income ratio of 4.0x. Lower ratios indicate more affordable markets.

County

Verdict

Roanoke CityVA

$215,833

$1,271

7.06%

Buy

View

CurrentIsle of WightVA

$370,714

$2,119

6.86%

Buy

MecklenburgVA

$198,731

$1,484

8.96%

Buy

View

RoanokeVA

$325,167

$1,582

5.84%

Buy

View

RockbridgeVA

$316,023

Est. pending

—

Buy

View

RockinghamVA

$351,766

$1,863

6.35%

Buy

View

The Bottom Line

BuyIsle of Wight offers solid investment potential with good cash flow or appreciation prospects.

Monthly Cash Flow

$-566/mo

Cap Rate

4.5%

Cash-on-Cash

-8.0%