Virginia Beach, VA — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.6%
Below average
Monthly Cash Flow
-$1,041
After all expenses
Price-to-Rent
15.3
Overpriced for rent
DSCR
0.57
Fails
📊 Key Metrics
- Median Home Price
- $408,793
- Average Rent (3BR)
- $2,400/mo
- Price-to-Rent Ratio
- 15.3(high)
- 1% Rule
- 0.54%(fails — need 1%+)
- Cash-on-Cash Return
- -11.9%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →📈 Population Movement (Tax Year 2021→2022)
Net Migration
-399 households
SHRINKING
Total Inflow
4,161
households moved in
Avg Income (New Residents)
$70,975
per household
Where they're coming from:
1.San Diego, CA418 households · avg $72,206
2.Fairfax, VA229 households · avg $106,210
3.Duval, FL175 households · avg $49,514
4.Honolulu, HI128 households · avg $65,031
5.Escambia, FL121 households · avg $69,504
Where residents are leaving to:
1.San Diego, CA366 households
2.Duval, FL272 households
3.Fairfax, VA225 households
4.Currituck, NC187 households
5.Henrico, VA133 households
💡 Net outflow may indicate weakening demand — but can mean lower prices and higher cap rates.
🏘️ Best Zip Codes in Virginia Beach for Investors
All Zip Codes in Virginia Beach
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 23462 | 5.6% | -$220 | $325,909 | $2,410/mo | 0.87 |
| 23453 | 4.6% | -$549 | $373,490 | $2,400/mo | 0.72 |
| 23452 | 4.4% | -$639 | $386,794 | $2,400/mo | 0.69 |
| 23464 | 3.9% | -$844 | $408,793 | $2,330/mo | 0.61 |
| 23455 | 3.7% | -$1,041 | $459,841 | $2,510/mo | 0.57 |
| 23456 | 3.6% | -$1,268 | $555,591 | $3,020/mo | 0.57 |
| 23454 | 3.2% | -$1,242 | $461,742 | $2,280/mo | 0.49 |
| 23035 | 3.0% | -$1,009 | $354,091 | $1,680/mo | 0.46 |
| 23076 | 2.8% | -$1,082 | $364,910 | $1,680/mo | 0.44 |
| 23457 | 2.1% | -$2,395 | $666,935 | $2,560/mo | 0.33 |
| 23451 | 1.9% | -$2,455 | $656,334 | $2,400/mo | 0.30 |