Norfolk, VA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Norfolk, VA. Based on 50+ datapoints.
Norfolk, VA Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
4.9%
Avg Cash on Cash
-7.6%
Median Cashflow
-$403/mo
Avg Rent Estimate
$2,303/mo
Avg Price
$334,479
Price Range
$197,900 - $472,500
Rent to Price
0.69%
low ratio
Positive Cashflow
10%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Norfolk, VA
Norfolk, VA presents a balanced long-term rental investment profile across 50+ analyzed datapoints. A median 4.9% cap rate combined with -7.6% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a mid-to-upper tier price point.
Based on 50+ analyzed properties, the median monthly cashflow in Norfolk, VA is -$403 with average rents of $2,303/month. Properties range from $197,900 to $472,500, offering entry points across multiple investment budgets.
Norfolk, VA Rental Market Insights
- •Median cashflow is -$403/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 10% positive cashflow rate, Norfolk, VA requires selective property picks
- •Mid-to-upper tier market with properties from $197,900 to $472,500