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
4.8%
Avg Cash on Cash
-8.4%
Median Cashflow
-$433/mo
Avg Rent Estimate
$2,325/mo
Avg Price
$340,993
Price Range
$239,900 - $439,900
Rent to Price
0.68%
low ratio
Positive Cashflow
7%
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 4.8% cap rate combined with -8.4% 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 -$433 with average rents of $2,325/month. Properties range from $239,900 to $439,900, offering entry points across multiple investment budgets.
Norfolk, VA Rental Market Insights
- •Median cashflow is -$433/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 7% positive cashflow rate, Norfolk, VA requires selective property picks
- •Mid-to-upper tier market with properties from $239,900 to $439,900