Clifton Forge, VA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

20 / 33

Reliable / Active

Cap Rate

16%

Middle-Earners Gross Yield

Revenue

$22,281

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$138,927

Median Home Sale Price

Top Earners

$34,766

Top-Earners Revenue

Clifton Forge

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Clifton Forge.

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C

Challenging to Investors

Clifton Forge Regulations

STRs are technically legal in many areas (AR zones by right, R-2 with special permits), but the multi-jurisdictional compliance burden is substantial - requiring state registration, county building permits, zoning approvals, and ongoing town code enforcement. The evolving regulatory framework since 2021 creates uncertainty, while special use permits, property maintenance requirements with potential liens, and complete prohibition in R-1 zones add significant complexity that could deter investors.

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About Clifton Forge

Clifton Forge is a town in Alleghany County, Virginia, United States which is part of the greater Roanoke Region. The population was 3,555 at the 2020 census. The Jackson River flows through the town, which as a result was once known as Jackson's River Station. Clifton Forge was an independent city during the 2000 census. However, in 2001, Clifton Forge gave up its city status and reverted to a town. In previous decades, the railroad was a major employer. Clifton Forge is known for its mountain views and clear streams.

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