Mid-Atlantic7.0% avg cap rateLive · 8 active listings

Virginia Beach, VA

Mid-Atlantic's largest beach city — accessible coastal STR

Virginia Beach offers 35 miles of Atlantic coastline and is the largest city by area in the eastern US. It serves DC, Richmond, and the Hampton Roads metro as the primary beach destination, creating reliable summer demand from a population base of 8+ million. Property prices are moderate relative to the Northeast and strong seasonality supports solid cap rates.

7.0%
Avg Cap Rate
Net operating income / price
33%
Avg Occupancy
Annual average
$373
Avg Nightly Rate
All property types
$749K
Median Price
STR-viable properties

Estimated Annual Performance

Gross rental revenue
33% occ × $373/night
$45,336
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
– $18,134
Est. net operating income
Before mortgage & depreciation
$27,202
At median price
Implied cap rate
6.5%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Virginia Beach

Drive-to market for 8M+ DC and Hampton Roads residents
Military base economy provides year-round long-term rental fallback
Boardwalk and resort strip support high summer ADR
Lower entry prices than comparable Northeast beach markets
Peak season: Memorial Day – Labor Day
Top property types: Single Family, Condo, Townhouse, Duplex
Primary zip: 23451, 23454, 23455, 23456, 23462

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 8 active listings · last updated May 29, 2026

Run a live analysis in Virginia Beach

Search active MLS listings in Virginia Beach and instantly see cap rates, cash flow projections, and STR comp-backed nightly rates — all in one underwriting report.