Gross rental yield of 7.11% — ranked #28 of 226 Virginia ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +1.0% | +21.7% |
| Market rent | +10.1% | +49.8% |
Metro: Virginia Beach-Norfolk-Newport News, VA-NC · County: Norfolk City · Annual rent: $19,740
Similar home values, sorted by yield — the cheapest way to see if 23513 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 23509 | Norfolk | VA | $288,575 | $1,909 | 7.94% | 12.6 | +2.0% |
| 23701 | Portsmouth | VA | $267,566 | $1,668 | 7.48% | 13.4 | +1.4% |
| 23504 | Norfolk | VA | $272,608 | $1,604 | 7.06% | 14.2 | +0.8% |
| 23222 | Richmond | VA | $286,740 | $1,687 | 7.06% | 14.2 | +1.7% |
| 24141 | Radford | VA | $275,095 | $1,503 | 6.55% | 15.3 | +3.4% |
| 24502 | Lynchburg | VA | $281,510 | $1,529 | 6.52% | 15.3 | +0.8% |
| 23805 | Petersburg | VA | $270,454 | $1,470 | 6.52% | 15.3 | +2.2% |
| 24523 | Bedford | VA | $288,995 | $1,035 | 4.30% | 23.3 | +7.5% |
Top rental yields in all of Virginia →
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