Virginia Beach, VA variant. This is a Virginia Beach, VA-specific version of the Rental Yield Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Rental Yield Calculator.
Virginia Beach's gross rental yield - annual rent ÷ property price - is about 5.8%, based on $1,750/month rent on a $360,000 median home.
Rental yield in Virginia Beach
Gross yield = ($1,750 × 12) ÷ $360,000 = 5.8%. Net yield subtracts property tax (0.74%), insurance, vacancy, and maintenance.
High-price metros tend to show lower yields (price outruns rent); affordable metros often yield more. Virginia Beach's yield is attractive for cash-flow investors.
About Virginia Beach, VA
Virginia Beach applies Virginia state income and sales taxes.
Virginia Beach home prices are moderate for a coastal metro.
Virginia Beach's economy is anchored by the military and tourism, with a cost of living close to the national average.
Worked example: Virginia Beach yield
Annual rent $21,000 ÷ price $360,000 = 5.8% gross. After 0.74% property tax and ~1% maintenance, net yield is meaningfully lower.
Quick reference
- Median home value: $360,000
- Median rent: $1,750/mo
- Median household income: $87,224
- Local sales tax: 6%
- Effective property tax rate: 0.74%
- Cost of living index: 102 (US avg = 100)
Frequently Asked Questions
What is a good rental yield?
Many investors target 6-8% gross; Virginia Beach runs about 5.8%.
How is rental yield calculated?
Gross yield = annual rent ÷ purchase price. Net yield also subtracts taxes, insurance, vacancy, and upkeep.