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 15+ datapoints.
Norfolk, VA Short-Term Rental / Airbnb Investment Snapshot
Based on 15+ short-term rental / airbnb datapoints
Median Cap Rate
4%
Avg Cash on Cash
-8.5%
Median Cashflow
-$650/mo
Avg Rent Estimate
$3,087/mo
Avg Price
$369,702
Price Range
$200,000 - $565,000
Rent to Price
0.83%
okay ratio
Positive Cashflow
14%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Norfolk, VA
Norfolk, VA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 15+ analyzed properties, Norfolk, VA STR investments show a median monthly cashflow of -$650 with an average estimated nightly-rate-adjusted revenue of $3,087/month. These figures reflect real property data, not projections.
Norfolk, VA Airbnb Market Insights
- •Median cashflow is -$650/month — careful deal selection is essential here
- •4% median cap rate is typical of appreciation-focused markets
- •At 14% positive cashflow rate, Norfolk, VA requires selective property picks
- •Mid-to-upper tier market with properties from $200,000 to $565,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs