Real Estate Investing in Chesapeake, Virginia (23325)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Chesapeake City • Population: 19,236 • Data updated: September 2026

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Should you buy in 23325 (Chesapeake, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Chesapeake, VA (23325)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $333,379
Avg Monthly Rent $2,005
1% Rule ✗ Does Not Meet
Median Income $72,708
% Renters 34.9%

Market Analysis: 23325 Chesapeake

ZIP 23325 inside Chesapeake City looks affordable on the surface — median value of $333K — but the discount exists for reasons that a careful buyer should understand before committing.

The 23325 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Turning to rents, 23325 offers a low basis, the region around Chesapeake has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Employment concentration in 23325 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Experienced landlords with local relationships tend to find 23325 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Chesapeake:

C+ Average
Buy Confidence Score: 66/100
Affordability
10/25
Appreciation
22/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.6× the median income
Value Trend
Rising (+6.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,005/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 23325

Which property type performs best in this market?

Best for Cash Flow
3BR
5.9% cap rate
Best for Appreciation
2BR
+8.4% 5yr CAGR
Best Overall Value
5BR
$87,093/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $238,792 $1,750 5.3% +8.4% $119,396
3BR $295,380 $2,430 5.9% +6.6% $98,460
4BR $388,876 $2,860 5.3% +7.2% $97,219
5BR $435,464 +7.2% $87,093

Market Trends

Home Value History (with trend line)

$346K$309K$271K$234K$197K$159KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,019$1,976$1,933$1,890$1,847$1,804Apr 2025Dec 2025Jul 2026

📊 How Does 23325 Compare?

Metric 23325 Chesapeake Virginia
Home Value $333,379 $402,271 $403,170
5-Year CAGR 5.5% 5.5% 6.4%
Avg Rent $2,005 $2,143 -
Cap Rate 4.7% 4.3% -
💡 Why Invest in 23325? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 23325 (Chesapeake, VA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.7%
Fair
5yr Growth
+5.5%
Moderate

📊 Market Snapshot

Home Value $333,379
Monthly Rent $2,005
Price-to-Rent 13.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.2%
Cap Rate 4.7%
5-Year IRR 10.2%

📈 Home Appreciation

1-Year +6.3% ▲
3-Year CAGR +4.2% ▲
5-Year CAGR +5.5% ▲
10-Year CAGR +5.6% ▲

🏠 Rent Trends

1-Year +4.3% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
3.7%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.5%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 23325

Population: 19,236

💰 Median Household Income
$72,708
This area
$72,708
State
$80,295
USA
$74,580
🏠 Renter Occupied
34.9%
This area
34.9%
State
25.7%
USA
34.0%
💼 Unemployment Rate
2.2%
This area
2.2%
State
-18.5%
USA
3.7%
🎓 College Educated
28.6%
This area
28.6%
State
4.0%
USA
33.7%
👤 Median Age
34.4 years
This area
34.4 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
3.7%
This area
3.7%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 44.6%
Black/African American 43.3%
Other/Mixed 8.7%
Asian 3.3%
Hispanic/Latino 3.1%
👶 Under 18
22.3%
This area
22.3%
USA
22.0%
👴 65 and Over
17.3%
This area
17.3%
USA
17.3%
📊 Poverty Rate
6.3%
This area
6.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 23325

B+ Avg School Grade
6 Schools
14.1:1 Avg Class Size
$15,216 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Georgetown Primary

📚 Pre-K – 03 Elementary
👥
772 Students
👨‍🏫
14.8:1 Class Size
💰
$15,216 Per Student
A Very Good

Indian River Middle

📚 06 – 08 Middle
👥
763 Students
👨‍🏫
12.8:1 Class Size
💰
$15,216 Per Student
B+ Above Average

Norfolk Highlands Primary

📚 Pre-K – 03 Elementary
👥
281 Students
👨‍🏫
14.2:1 Class Size
💰
$15,216 Per Student
B+ Above Average

Sparrow Road Intermediate

📚 04 – 05 Elementary
👥
433 Students
👨‍🏫
15.0:1 Class Size
💰
$15,216 Per Student
B+ Above Average

Indian River High

📚 09 – 12 High School
👥
1,695 Students
👨‍🏫
13.9:1 Class Size
💰
$15,216 Per Student
C Below Average

Chesapeake Center for Student Success

📚 Grade N Elementary Limited Data
💰
$15,216 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

Southside STEM Academy at Campostella

📚 K – 08 School
📍 1106 Campostella Rd., Norfolk
👥
701 Students
👨‍🏫
11.7:1 Class Size
💰
$15,833 Per Student
A Very Good

St. Helena Elementary

📚 Pre-K – 05 Elementary
📍 903 S Main St, Norfolk
👥
230 Students
👨‍🏫
11.5:1 Class Size
💰
$15,833 Per Student
A Very Good

George W. Carver Intermediate

📚 03 – 05 Elementary
📍 2601 Broad St, Chesapeake
👥
523 Students
👨‍🏫
14.7:1 Class Size
💰
$15,216 Per Student
A Very Good

Portlock Primary

📚 Pre-K – 02 Elementary
📍 1857 Varsity Dr, Chesapeake
👥
547 Students
👨‍🏫
13.5:1 Class Size
💰
$15,216 Per Student
A Very Good

Thurgood Marshall Elementary

📚 Pre-K – 05 Elementary
📍 2706 Border Road, Chesapeake
👥
407 Students
👨‍🏫
13.0:1 Class Size
💰
$15,216 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 187 Off-Campus Students
C
Norfolk State University
6,045 students · 2.6 mi
C+
Regent University
10,168 students · 2.6 mi
C
Sentara College of Health Sciences
300 students · 2.6 mi
C
Centura College-Chesapeake
225 students · 3.5 mi
F
Fortis College-Norfolk
431 students · 3.5 mi
C
Tidewater Tech-Trades
514 students · 3.6 mi
C+
Advanced Technology Institute
377 students · 3.6 mi
C
Rudy & Kelly Academy, A Paul Mitchell Partner School
206 students · 3.7 mi

Frequently Asked Questions

What investment strategy works best in Chesapeake, VA?

Most investors in Chesapeake, VA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

How tight is the rental market in Chesapeake, VA?

Vacancy risk in Chesapeake, VA is elevated. That supports steady cash flow for typical rental holds.

Is VA a landlord-friendly state?

The landlord environment in Chesapeake, VA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

Is Chesapeake, VA suited for a house hack?

The a challenging house-hack environment in Chesapeake, VA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

How qualified is the tenant pool in Chesapeake, VA?

Expect a solid tenant pool in Chesapeake, VA. The rental market absorbs $2,005/mo rents without meaningful friction.

You know 23325 now. You don’t know where it ranks.

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How 23325 ranks in Virginia Beach-Norfolk-Newport News, VA-NC

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Cash Flow → Appreciation → Affordable →
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