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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$2,021
$4,104
Appreciation
Data-driven answers to common investor questions about this market.
4.78%
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Job Growth
-0.01%
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Population
457,066
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The LTR Genie Score of Virginia Beach, VA is 56 and STR Genie Score is 79, indicating a moderate score for long-term rental and a high score for short-term rental. The low LTR Rentability and modest LTR Rent Growth Rate contribute to the lower LTR Genie Score, while the strong STR Net ROI and high STR Occupancy drive the higher STR Genie Score. The 1-Year Price Appreciation Forecast of 1.81% suggests a stable market with potential for growth.
Virginia Beach, VA is a popular tourist destination known for its beaches, boardwalk, and vibrant nightlife. The city attracts visitors year-round, making it a promising market for short-term rental investments. Additionally, the steady rental growth rate and net ROI for long-term rentals indicate potential for stable returns in the long run.
Overall, Virginia Beach, VA appears to be an attractive market for both long-term and short-term rental investments. Real estate investors may consider diversifying their portfolio by exploring opportunities in both rental strategies to maximize their returns in this dynamic market.