South Norfolk, Chesapeake VA - Investment Data
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📊 How Does South Norfolk Compare?
| Metric | South Norfolk | Chesapeake | Virginia |
|---|---|---|---|
| Home Value | $402,271 | $402,271 | $403,170 |
| Avg Rent | $2,143 | $2,143 | - |
| 5-Year CAGR | 6.6% | 5.5% | 6.4% |
| Cap Rate | 0.0% | 0.0% | - |
South Norfolk is a neighborhood in Chesapeake, Virginia. This neighborhood spans 6 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $290,621, which has increased by 1.4% over the past year. With average rents around $2,143/month and home values averaging $402,271, investors can evaluate potential cash flow opportunities in this market.
Home Value Trends
ZIP Codes in South Norfolk
| ZIP | City | Home Value | Rent | Cap Rate | Rating | Vacancy | Match |
|---|---|---|---|---|---|---|---|
| 23320 | Chesapeake | $394,685 | $2,050 | 0.0% | 2.7% | City match | |
| 23321 | Chesapeake | $407,299 | $1,871 | 0.0% | 4.6% | City match | |
| 23322 | Chesapeake | $558,112 | $2,677 | 0.0% | 2.9% | City match | |
| 23323 | Chesapeake | $430,569 | $2,291 | 0.0% | 3.1% | City match | |
| 23324 | Chesapeake | $289,580 | $1,963 | 0.1% | 9.8% | City match | |
| 23325 | Chesapeake | $333,379 | $2,005 | 0.0% | 3.7% | City match |
Other Neighborhoods in Chesapeake
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