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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 20+ datapoints.

Norfolk, VA Mid-Term Rental Investment Snapshot

Based on 20+ mid-term rental datapoints

Median Cap Rate

6.7%

Avg Cash on Cash

0.4%

Median Cashflow

$78/mo

Avg Rent Estimate

$3,288/mo

Avg Price

$341,869

Price Range

$239,500 - $499,990

Rent to Price

0.96%

okay ratio

Positive Cashflow

58%

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 20+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at 0.4%.

Across 20+ analyzed properties, Norfolk, VA mid-term rental investments show a median monthly cashflow of $78 with average furnished rent estimates of $3,288/month. These figures reflect real property data, not projections.

7410 Major Ave, Norfolk, VA 23505

Price

$320,000

Rent

$2,634

CachFlow

-$233

CoC

-3.28

Full Analysis

717 Delaware Ave, Norfolk, VA 23508

Price

$385,000

Rent

$3,996

CachFlow

$217

CoC

2.63

Full Analysis

501 Carolina Ave, Norfolk, VA 23508

Price

$435,000

Rent

$3,824

CachFlow

-$270

CoC

-2.96

Full Analysis

8526 Circle Dr, Norfolk, VA 23503

Price

$560,000

Rent

$4,113

CachFlow

-$760

CoC

-6.73

Full Analysis

3416 Lens Ave, Norfolk, VA 23509

Price

$315,000

Rent

$3,585

CachFlow

$480

CoC

6.84

Full Analysis
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Norfolk, VA Mid-Term Rental Market Insights

  • Positive median cashflow of $78/month indicates most investors cover expenses
  • 6.7% median cap rate reflects a balanced risk-return profile
  • 58% positive cashflow rate means roughly half properties are cash-flow positive
  • Mid-to-upper tier market with properties from $239,500 to $499,990
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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