Reva, VA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Reva short-term rental market based on reliable data.

Listings

31 / 39

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$25,956

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$467,902

Median Home Sale Price

Top Earners

$50,980

Top-Earners Revenue

Reva

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Reva.

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A

Very Investor friendly

Reva Regulations

Allowed citywide with no local permitting or caps; the only compliance is standard state sales/transient occupancy tax and building safety, and state/platform tax remittance, which keeps costs low and avoids typical city program burdens.

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About Reva

Reva is an unincorporated community in Culpeper County, Virginia, United States. Reva was named for Reva Burgess, the daughter of Walter Burgess. The first Reva post office opened on March 24, 1893. A second Reva post office and store opened in 1907 at the intersection of Reva Road and Shanktown Road, eventually becoming the center of Reva. In 1977, the Reva post office relocated to the intersection of Hwy 29 and Reva Road (Route 633), adjoining the Reva Market. The Reva Market, a convenience store specializing in fresh prepared breakfasts and ice cream, is Reva's only store. The Reva Market is located near the original Brown's Store polling location. Reva has a volunteer fire department located at the intersection of Birmingham Road and Hwy 29. Reva is in the Brown's Store precinct of the Salem Magisterial District, Virginia.

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