Best ZIP Codes for Cash Flow in Richmond, VA (2026)
Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 23882 | Stony Creek, VA | $192,868 | $1,386 | 5.61% | 5.3% |
| 2 | 23890 | Waverly, VA | $193,930 | $1,386 | 5.57% | 6.1% |
| 3 | 23897 | Yale, VA | $197,104 | $1,386 | 5.48% | 4.3% |
| 4 | 23075 | Highland Springs, VA | $260,239 | $1,666 | 4.99% | 7.8% |
| 5 | 23224 | Richmond, VA | $247,760 | $1,551 | 4.88% | 8.3% |
| 6 | 23222 | Richmond, VA | $284,838 | $1,714 | 4.69% | 7.1% |
| 7 | 23966 | Farmville, VA | $245,682 | $1,386 | 4.40% | 4.1% |
| 8 | 23237 | Chesterfield, VA | $331,994 | $1,842 | 4.33% | 6.3% |
| 9 | 23803 | Petersburg, VA | $240,815 | $1,306 | 4.23% | 9.7% |
| 10 | 23111 | Mechanicsville, VA | $400,910 | $2,160 | 4.20% | 5.6% |
| 11 | 23860 | Hopewell, VA | $236,854 | $1,260 | 4.15% | 7.0% |
| 12 | 23867 | Jarratt, VA | $172,966 | $918 | 4.14% | 6.5% |
| 13 | 23834 | Colonial Heights, VA | $299,843 | $1,565 | 4.07% | 6.1% |
| 14 | 23805 | Petersburg, VA | $270,559 | $1,405 | 4.05% | 9.3% |
| 15 | 23223 | Henrico, VA | $300,253 | $1,539 | 4.00% | 6.2% |
| 16 | 23872 | McKenney, VA | $276,003 | $1,386 | 3.92% | 8.3% |
| 17 | 23231 | Henrico, VA | $338,475 | $1,694 | 3.90% | 6.2% |
| 18 | 23234 | Richmond, VA | $314,828 | $1,572 | 3.90% | 7.0% |
| 19 | 23228 | Lakeside, VA | $334,697 | $1,670 | 3.89% | 6.1% |
| 20 | 23888 | Wakefield, VA | $215,329 | $1,071 | 3.88% | 6.4% |
| 21 | 23030 | Charles City, VA | $279,323 | $1,386 | 3.87% | 3.7% |
| 22 | 23112 | Midlothian, VA | $441,544 | $2,183 | 3.86% | 5.7% |
| 23 | 23850 | Ford, VA | $280,994 | $1,386 | 3.85% | 7.0% |
| 24 | 23832 | Chesterfield, VA | $415,285 | $2,039 | 3.83% | 5.5% |
| 25 | 23009 | Aylett, VA | $362,500 | $1,750 | 3.77% | 5.8% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Appreciation in Richmond, VA · Affordable in Richmond, VA
Or see the full Richmond, VA metro profile.