Gross rental yield of 7.94% — ranked #11 of 226 Virginia ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +2.0% | +22.6% |
| Market rent | +7.7% | — |
Metro: Virginia Beach-Norfolk-Newport News, VA-NC · County: Norfolk City · Annual rent: $22,908
Similar home values, sorted by yield — the cheapest way to see if 23509 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 23324 | Chesapeake | VA | $290,460 | $1,895 | 7.83% | 12.8 | +2.7% |
| 23669 | Hampton | VA | $290,595 | $1,847 | 7.63% | 13.1 | +1.3% |
| 23513 | Norfolk | VA | $277,841 | $1,645 | 7.11% | 14.1 | +1.0% |
| 23222 | Richmond | VA | $286,740 | $1,687 | 7.06% | 14.2 | +1.7% |
| 23666 | Hampton | VA | $298,709 | $1,683 | 6.76% | 14.8 | +0.8% |
| 24502 | Lynchburg | VA | $281,510 | $1,529 | 6.52% | 15.3 | +0.8% |
| 24179 | Vinton | VA | $293,738 | $1,360 | 5.55% | 18.0 | +4.7% |
| 24523 | Bedford | VA | $288,995 | $1,035 | 4.30% | 23.3 | +7.5% |
Top rental yields in all of Virginia →
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