Short Term Rental Investment Properties for Sale in Norfolk, VA
165- 3 Bed
- 1 Bath
- 1140 sft
185- 3 Bed
- 2 Bath
- 1422 sft
194- 2 Bed
- 1 Bath
- 1263 sft
172- 2 Bed
- 1 Bath
- 818 sft
194- 2 Bed
- - Bath
- - sft
323- 1 Bed
- 1 Bath
- 450 sft
160- 2 Bed
- 1 Bath
- 863 sft
181- 3 Bed
- 1 Bath
- - sft
154- 3 Bed
- 1 Bath
- 1361 sft
185- 3 Bed
- 1 Bath
- 1274 sft
154- 3 Bed
- 1 Bath
- 974 sft
198- 3 Bed
- 1 Bath
- 900 sft
-- 6 Bed
- 2 Bath
- - sft
165- 3 Bed
- 1 Bath
- 1425 sft
156- 2 Bed
- 1 Bath
- 1364 sft
182- 3 Bed
- 1 Bath
- 1106 sft
205- 1 Bed
- 1 Bath
- 348 sft
165- 2 Bed
- 1 Bath
- 1108 sft
176- 3 Bed
- 1 Bath
- 1642 sft
195- 4 Bed
- 1 Bath
- 1993 sft
176- 2 Bed
- 1 Bath
- 658 sft
170- 3 Bed
- 1 Bath
- 1164 sft
-- 3 Bed
- 2 Bath
- 1152 sft
202- 2 Bed
- 1 Bath
- 1142 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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