Side-by-side comparison of Newport News, VA and Fredericksburg, VA — cap rates, rent, prices, and investment metrics.
Cash flow: Newport News has the edge with an estimated cap rate of 4.38% compared to Fredericksburg's 3.69%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $235,000 in Newport News vs $345,000 in Fredericksburg, while rents come in at $1,280/mo and $1,580/mo respectively.
Growth & appreciation: Fredericksburg is growing faster at 1.5% annually vs Newport News's 0.4%. Fredericksburg leads on home value appreciation at 3.2% per year.
Costs & risk: Property taxes are 0.98% in Newport News vs 0.76% in Fredericksburg. Vacancy rates of 5.8% and 4.5% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: Fredericksburg edges out Newport News on most key metrics. While cap rates are moderate at 3.69%, Fredericksburg's overall profile is stronger. Use our free calculators to model specific deals in Newport News or Fredericksburg.