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Browse available listings with estimated rent, projected ROI, and cash flow analysis. Filter by price, type, and investment metrics.
Explore rental performance, cash flow, appreciation, and local economic trends to understand how these properties fit into the overall investment story.
Use Property Insight to calculate ROI, cash flow, and cap rate for any address in Norfolk, VA.
Get a quick view of rental returns, appreciation trends, and local growth data to evaluate real estate market strength and investment potential.
Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,634
$2,112
Appreciation
Data-driven answers to common investor questions about this market.
4.96%
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Job Growth
0%
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Population
235,037
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The LTR Genie Score of Norfolk, VA is 54, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is slightly higher at 58, suggesting a slightly better potential for short-term rental or Airbnb properties. The LTR Rent Growth Rate is relatively low at 0.0553%, which may impact long-term rental profitability. However, both LTR and STR Net ROI are above 20%, indicating a good return on investment for both rental strategies. The 1-Year Price Appreciation Forecast is also positive at 1.67%, providing potential for property value growth.
Norfolk, VA is a city with a diverse economy driven by industries such as military, healthcare, and education. The presence of major universities and military bases can create a steady demand for rental properties, making it an attractive market for real estate investors.
Based on the metrics provided, Norfolk, VA seems to offer opportunities for both long-term and short-term rental investments. While the LTR Genie Score is slightly lower than the STR Genie Score, both rental strategies show promising returns. Investors may consider diversifying their portfolio by investing in both long-term and short-term rental properties in Norfolk, VA to maximize their ROI. Overall, Norfolk, VA appears to be an attractive market for real estate investors looking for stable rental income and potential property appreciation.