2026 State DSCR & Cap-Rate Intelligence Report · Virginia (VA) · mortgagebysteve.com

Virginia (VA) Rental Property DSCR, Tax & Cap-Rate Benchmark Report

Virginia Executive Underwriting Summary: Across 13 tracked Virginia investment markets, 1–4 unit rental properties average $415,000 in acquisition price against $2,980/month in Form 1007 market rent (8.62% gross rental yield) and $1,720/door/month on 5–25 unit multifamily assets. Investors underwriting Virginia DSCR loans must factor a 0.8% effective property tax rate (~$3,320/yr), $490/$100k hazard insurance (~$2,034/yr), and a Non-Judicial (Deed of Trust Trustee Sale) statutory framework (45–65 days typical timeline).
1–4u Base Price / Rent
$415,000 / $2,980
Gross Rental Yield
8.62% Annual
Tax & Hazard Escrow
0.8% Tax · $490/100k
Foreclosure & Timeline
Non-Judicial (Deed of Trust Trustee Sale) (45–65 days)

Virginia City-by-City DSCR, Tax & Multifamily Benchmark Table (13 Markets)

City & CountyPopulation1–4u Median PriceForm 1007 Median RentTax RateCity Desk
Virginia Beach, VA (VIRGINIA BEACH CITY County County)488,842$485,000$3,450/mo0.83%Open Virginia Beach Hub →
Norfolk, VA (NORFOLK CITY County County)268,292$485,000$3,450/mo0.83%Open Norfolk Hub →
Chesapeake, VA (CHESAPEAKE CITY County County)251,322$430,000$3,100/mo0.75%Open Chesapeake Hub →
Richmond, VA (RICHMOND CITY County County)233,384$480,000$3,400/mo0.82%Open Richmond Hub →
Newport News, VA (NEWPORT NEWS CITY County County)198,402$455,000$3,250/mo0.82%Open Newport News Hub →
Alexandria, VA (ALEXANDRIA CITY County County)162,292$415,000$3,050/mo0.78%Open Alexandria Hub →
Hampton, VA (HAMPTON CITY County County)149,002$410,000$2,900/mo0.83%Open Hampton Hub →
Roanoke, VA (ROANOKE CITY County County)107,327$415,000$2,950/mo0.85%Open Roanoke Hub →
Portsmouth, VA (PORTSMOUTH CITY County County)104,863$420,000$3,000/mo0.86%Open Portsmouth Hub →
Suffolk, VA (SUFFOLK CITY County County)93,444$390,000$2,800/mo0.77%Open Suffolk Hub →
Lynchburg, VA (LYNCHBURG CITY County County)85,035$405,000$2,900/mo0.82%Open Lynchburg Hub →
Harrisonburg, VA (HARRISONBURG CITY County County)56,021$395,000$2,850/mo0.78%Open Harrisonburg Hub →
Leesburg, VA (LOUDOUN County County)51,964$370,000$2,700/mo0.78%Open Leesburg Hub →

Related Virginia Underwriting & Deal Team Hubs

Virginia (VA) 2026 DSCR, Cap Rate & Rental Market Intelligence Report | mortgagebysteve.com