Short Term Rental Investment Properties for Sale in Norfolk, VA
457- 2 Bed
- 2 Bath
- 1304 sft
246- 2 Bed
- 2 Bath
- 973 sft
156- 3 Bed
- 2 Bath
- 1216 sft
191- 3 Bed
- 2 Bath
- 2040 sft
163- 2 Bed
- 1 Bath
- 984 sft
175- 2 Bed
- 1 Bath
- 822 sft
406- 3 Bed
- 2 Bath
- 1714 sft
-- 4 Bed
- 1 Bath
- 1800 sft
169- 3 Bed
- 2 Bath
- 988 sft
178- 3 Bed
- 2 Bath
- 1400 sft
427- - Bed
- - Bath
- 2613 sft
197- 2 Bed
- 1 Bath
- 816 sft
- 2 Bed
- 2 Bath
- 1021 sft
164- 3 Bed
- 1 Bath
- 1080 sft
170- 3 Bed
- 1 Bath
- 952 sft
157- 1 Bed
- 1 Bath
- 480 sft
191- 3 Bed
- 2 Bath
- 3202 sft
194- 2 Bed
- - Bath
- - sft
196- 3 Bed
- 2 Bath
- 1748 sft
160- 2 Bed
- 1 Bath
- 863 sft
181- 3 Bed
- 1 Bath
- - sft
154- 3 Bed
- 1 Bath
- 1361 sft
154- 2 Bed
- 1 Bath
- 810 sft
185- 3 Bed
- 1 Bath
- 1274 sft
198- 3 Bed
- 1 Bath
- 900 sft
-- 6 Bed
- 2 Bath
- - sft
Why Invest in Norfolk, Virginia?
Short-term rentals in Norfolk, VA offer strong potential for investors seeking high occupancy from tourism and military presence. Annual renewals for Short-Term Rental Certificates ensure compliance while permitted zones allow operations in residential areas. Average rents support yields around 8-10%, with cap rates of 7-9% driven by steady demand. Appreciation holds at 4-5% yearly amid regional growth, and renter occupancy exceeds 60%. Local taxes at 8% lodging plus per-night fees factor into profitable cash flows.
Frequently Asked Questions
A Short-Term Rental Certificate is required, with annual renewal. Certain zones need conditional use permits, plus fire and zoning inspections. Applications are submitted online via the Zoning Office.
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