Gross rental yield of 6.62% — ranked #38 of 226 Virginia ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +2.4% | +39.2% |
| Market rent | +5.5% | — |
Metro: Richmond, VA · County: Hopewell City · Annual rent: $15,768
Similar home values, sorted by yield — the cheapest way to see if 23860 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 23663 | Hampton | VA | $242,545 | $1,716 | 8.49% | 11.8 | +1.1% |
| 23702 | Portsmouth | VA | $230,648 | $1,576 | 8.20% | 12.2 | -0.5% |
| 23704 | Portsmouth | VA | $240,862 | $1,604 | 7.99% | 12.5 | -2.4% |
| 23605 | Newport News | VA | $233,516 | $1,536 | 7.89% | 12.7 | +0.7% |
| 23661 | Hampton | VA | $249,336 | $1,596 | 7.68% | 13.0 | -1.9% |
| 23224 | Richmond | VA | $248,787 | $1,556 | 7.50% | 13.3 | +1.9% |
| 24012 | Roanoke | VA | $236,261 | $1,459 | 7.41% | 13.5 | +1.1% |
| 23803 | Petersburg | VA | $241,972 | $1,258 | 6.24% | 16.0 | +2.3% |
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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