REI Lense

REI Lense

Norfolk, VA Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Norfolk, VA. Based on 20+ datapoints.

Norfolk, VA Short-Term Rental / Airbnb Investment Snapshot

Based on 20+ short-term rental / airbnb datapoints

Median Cap Rate

5.3%

Avg Cash on Cash

-5%

Median Cashflow

-$324/mo

Avg Rent Estimate

$3,758/mo

Avg Price

$369,405

Price Range

$285,000 - $515,000

Rent to Price

1.02%

strong ratio

Positive Cashflow

27%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Norfolk, VA

Norfolk, VA is an emerging short-term rental market with growing investor interest. With 20+ datapoints analyzed so far, early metrics suggest opportunity for Airbnb investors willing to enter before the market matures. Current average cash-on-cash returns sit at -5%.

Across 20+ analyzed properties, Norfolk, VA STR investments show a median monthly cashflow of -$324 with an average estimated nightly-rate-adjusted revenue of $3,758/month. These figures reflect real property data, not projections.

6369 Devonshire Rd, Norfolk, VA 23513

Price

$300,000

Rent

$2,165

CachFlow

-$696

CoC

-10.31

Full Analysis

1351 Bayonne St, Norfolk, VA 23505

Price

$899,000

Rent

$3,677

CachFlow

-$3,637

CoC

-20.51

Full Analysis

9345 Warwick Ave, Norfolk, VA 23503

Price

$434,900

Rent

$4,150

CachFlow

-$492

CoC

-5.12

Full Analysis

131 Elwood Ave, Norfolk, VA 23505

Price

$465,000

Rent

$2,407

CachFlow

-$1,600

CoC

-15.78

Full Analysis

1818 Tulane Rd, Norfolk, VA 23518

Price

$380,000

Rent

$5,228

CachFlow

$364

CoC

4.21

Full Analysis

Norfolk, VA Airbnb Market Insights

  • Median cashflow is -$324/month — careful deal selection is essential here
  • 5.3% median cap rate reflects a balanced risk-return profile
  • At 27% positive cashflow rate, Norfolk, VA requires selective property picks
  • Mid-to-upper tier market with properties from $285,000 to $515,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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