Gross rental yield of 6.23% — ranked #55 of 226 Virginia ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +3.4% | +28.4% |
| Market rent | +7.5% | +34.4% |
Metro: Virginia Beach-Norfolk-Newport News, VA-NC · County: Chesapeake City · Annual rent: $24,540
Similar home values, sorted by yield — the cheapest way to see if 23320 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 22963 | Palmyra | VA | $383,404 | $2,089 | 6.54% | 15.3 | +0.6% |
| 23111 | Mechanicsville | VA | $403,083 | $2,141 | 6.37% | 15.7 | +3.1% |
| 23508 | Norfolk | VA | $385,772 | $1,925 | 5.99% | 16.7 | -0.2% |
| 23831 | Chester | VA | $386,695 | $1,832 | 5.68% | 17.6 | +2.2% |
| 23452 | Virginia Beach | VA | $390,924 | $1,817 | 5.58% | 17.9 | +4.0% |
| 24018 | Roanoke | VA | $386,060 | $1,635 | 5.08% | 19.7 | +3.6% |
| 23236 | Richmond | VA | $399,445 | $1,689 | 5.07% | 19.7 | +2.6% |
| 23227 | Henrico | VA | $403,230 | $1,621 | 4.82% | 20.7 | +1.3% |
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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