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REI Lense

Norfolk, VA Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Norfolk, VA. Based on 10+ datapoints.

Norfolk, VA Mid-Term Rental Investment Snapshot

Based on 10+ mid-term rental datapoints

Median Cap Rate

7.1%

Avg Cash on Cash

2.4%

Median Cashflow

$189/mo

Avg Rent Estimate

$3,163/mo

Avg Price

$310,103

Price Range

$239,500 - $385,000

Rent to Price

1.02%

strong ratio

Positive Cashflow

69%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Norfolk, VA

Norfolk, VA is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at 2.4%.

Across 10+ analyzed properties, Norfolk, VA mid-term rental investments show a median monthly cashflow of $189 with average furnished rent estimates of $3,163/month. These figures reflect real property data, not projections.

3500 Vimy Ridge Ave, Norfolk, VA 23509

Price

$320,000

Rent

$3,550

CachFlow

$557

CoC

7.85

Full Analysis

7029 Old Mill Rd, Norfolk, VA 23518

Price

$299,900

Rent

$4,090

CachFlow

$756

CoC

11.2

Full Analysis

1310 Little Bay Ave, Norfolk, VA 23503

Price

$349,000

Rent

$3,590

CachFlow

$318

CoC

4.18

Full Analysis

2428 Middle Ave, Norfolk, VA 23504

Price

$289,900

Rent

$2,769

CachFlow

$189

CoC

2.88

Full Analysis

1415 Hibie St, Norfolk, VA 23523

Price

$239,500

Rent

$2,427

CachFlow

$128

CoC

2.25

Full Analysis
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Norfolk, VA Mid-Term Rental Market Insights

  • Positive median cashflow of $189/month indicates most investors cover expenses
  • 7.1% median cap rate reflects a balanced risk-return profile
  • 69% positive cashflow rate means roughly half properties are cash-flow positive
  • Mid-to-upper tier market with properties from $239,500 to $385,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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