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Richmond
Richmond City, VA
AVOIDLegal
STR Opportunity Score
52
/100
📈Demand
72
💰Affordability
68
📋Regulation
72
🌤️Seasonality
65
📊Saturation
67
Will This Deal Work?
Money You Make vs. Price You Pay
F
BAD DEAL
RPR: 9.4%
Can You Pay the Bills?
✗
Risky
May struggle with payments
THE BOTTOM LINE ❌
Skip this one. You might struggle to cover your expenses.
💵
$145
Avg ADR
📅
62%
Occupancy
💰
$2,697
Monthly Revenue
🏠
$345K
Median Price
📊 Income by Property Size
Monthly revenue estimates by bedroom count
1BR
$944
2BR
$1,753
3BR
$2,697
4BR
$3,911
5BR
$4,855
6BR+
$5,799
⭐ Best
🏠 Top Amenities for This Market
Add these to boost your revenue
MUST HAVEHot Tub
+20%HIGH IMPACTFire Pit
+12%HIGH IMPACTPrivacy/Seclusion
+15%HIGH IMPACTOutdoor Space
+10%NICE TO HAVEGame Room
+14%📈 Market Saturation
Competition LevelMODERATE
Moderate competition - room for well-positioned properties.
🎯 Your Next Steps
1
Search for 6BR+ properties
Best income potential at $5,799/month
2
Add a Hot Tub
Boost revenue by +20%
3
Target $3,371/month
Top 25% performer income goal
📋 Regulation Status
Legal
Short-term rentals are allowed in this area. Always verify local ordinances before purchasing.