Gross rental yield of 6.08% — ranked #67 of 226 Virginia ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +2.2% | +32.5% |
| Market rent | +4.1% | — |
Metro: Richmond, VA · County: Henrico County · Annual rent: $20,604
Similar home values, sorted by yield — the cheapest way to see if 23231 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 23462 | Virginia Beach | VA | $330,047 | $1,989 | 7.23% | 13.8 | +3.9% |
| 23325 | Chesapeake | VA | $333,098 | $1,960 | 7.06% | 14.2 | +3.2% |
| 23518 | Norfolk | VA | $347,152 | $1,998 | 6.91% | 14.5 | +0.5% |
| 23510 | Norfolk | VA | $330,063 | $1,766 | 6.42% | 15.6 | -1.5% |
| 23237 | Bellwood | VA | $332,246 | $1,731 | 6.25% | 16.0 | +3.3% |
| 23434 | Suffolk | VA | $347,055 | $1,805 | 6.24% | 16.0 | +2.3% |
| 23505 | Norfolk | VA | $333,249 | $1,706 | 6.14% | 16.3 | +1.7% |
| 23228 | Lakeside | VA | $337,979 | $1,711 | 6.08% | 16.5 | +1.4% |
Top rental yields in all of Virginia →
Screening more than one ZIP? Get every Virginia ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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