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 40+ datapoints.
Norfolk, VA Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
4.9%
Avg Cash on Cash
-6.9%
Median Cashflow
-$387/mo
Avg Rent Estimate
$2,318/mo
Avg Price
$339,218
Price Range
$200,000 - $499,990
Rent to Price
0.68%
low ratio
Positive Cashflow
15%
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 40+ analyzed datapoints. A median 4.9% cap rate combined with -6.9% 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 40+ analyzed properties, the median monthly cashflow in Norfolk, VA is -$387 with average rents of $2,318/month. Properties range from $200,000 to $499,990, offering entry points across multiple investment budgets.
Norfolk, VA Rental Market Insights
- •Median cashflow is -$387/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 15% positive cashflow rate, Norfolk, VA requires selective property picks
- •Mid-to-upper tier market with properties from $200,000 to $499,990