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
4.6%
Avg Cash on Cash
-7.4%
Median Cashflow
-$383/mo
Avg Rent Estimate
$3,447/mo
Avg Price
$352,602
Price Range
$260,000 - $560,000
Rent to Price
0.98%
okay 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 a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4.6%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 20+ analyzed properties, Norfolk, VA STR investments show a median monthly cashflow of -$383 with an average estimated nightly-rate-adjusted revenue of $3,447/month. These figures reflect real property data, not projections.
Norfolk, VA Airbnb Market Insights
- •Median cashflow is -$383/month — careful deal selection is essential here
- •4.6% median cap rate is typical of appreciation-focused markets
- •At 27% positive cashflow rate, Norfolk, VA requires selective property picks
- •Mid-to-upper tier market with properties from $260,000 to $560,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs