Real Estate Investing in Virginia Beach, Virginia (23455)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 23455 (Virginia Beach, VA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Virginia Beach, VA (23455)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 23455 Virginia Beach
ZIP 23455 inside Virginia Beach City looks affordable on the surface — median value of $467K — but the discount exists for reasons that a careful buyer should understand before committing.
On the rental side, the numbers look inviting — $467K purchase price, 0.0% nominal cap — the work to hit that pro forma in 23455 is substantial and deserves full respect.
In the broader VA picture, 23455 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 23455 ZIP's population of 50,501 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
The 23455 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Virginia Beach:
Property Strategy for 23455
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $255,384 | $1,800 | 5.1% | +7.0% | $255,384 |
| 2BR | $289,155 | $2,040 | 5.1% | +7.0% | $144,577 |
| 3BR | $389,005 | $2,830 | 5.2% | +6.1% | $129,668 |
| 4BR | $570,508 | $3,330 | 4.2% | +6.7% | $142,627 |
| 5BR | $817,019 | — | — | +7.9% | $163,404 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 23455 Compare?
| Metric | 23455 | Virginia Beach | Virginia |
|---|---|---|---|
| Home Value | $466,613 | $361,587 | $403,170 |
| 5-Year CAGR | 5.1% | 5.2% | 6.4% |
| Avg Rent | $2,239 | $2,072 | - |
| Cap Rate | 3.7% | 3.5% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 23455 (Virginia Beach, VA). Anonymous, moderated, never written by AI.
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Property managers serving Virginia Beach City County
Manage rentals here? List your business →Arcadia Property Services. summary from their website
Real Property Management Infinity provides property management services in Virginia Beach, VA. summary from their website
Real Property Management Tidewater is a property management company in Virginia Beach, VA. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $466,613 |
| Monthly Rent | $2,239 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.7% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | -2.5% ▼ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +5.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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.
Demographics in 23455
Population: 50,501
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 23455
Schools in This ZIP Code
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
Frequently Asked Questions
What is the median home value in Virginia Beach, VA?
Virginia Beach, VA home values average about $467K. That price point suits investors targeting rentals with $2,239/mo in monthly income.
Is VA a landlord-friendly state?
VA law landlord-friendly for landlords, and Virginia Beach inherits those rules. Investors should still review local ordinances for rental licensing.
What is the average monthly rent in Virginia Beach, VA?
Investors in Virginia Beach, VA typically see rents near $2,239/mo per month against $467K home values - a solid setup for rental cash flow.
Should investors consider Virginia Beach, VA?
Virginia Beach, VA reflects an investability rating of 3.0/5, with median home values near $467K and average rents around $2,239/mo. That combination puts it in the resilient tier for investor interest.
How do experienced investors play Virginia Beach, VA?
Virginia Beach, VA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($467K prices, $2,239/mo rents) make it a reasonable choice.
You know 23455 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 23455 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 23455 ranks in Virginia Beach-Norfolk-Newport News, VA-NC
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