Written by: Sanjin Hadziomerovic
Introduction
Virginia Beach is a vibrant coastal city on the Atlantic, attracting tourists year-round with its beaches, parks, and family-friendly attractions. The following guide highlights the best-performing ZIP codes in Virginia Beach for short-term rental investments, featuring data on gross yield, annual revenue, and property values. Each area offers unique investment potential based on its location and demand characteristics.
23455 – Thoroughgood/Lake Shores
- Gross Yield: 10%
- Annual Revenue: $45,007
- Zillow Home Value: $431.0K
ZIP code 23455 covers neighborhoods like Thoroughgood and Lake Shores, which are known for their family-friendly communities, access to the Chesapeake Bay, and quality schools. With a gross yield of 10%, this area offers the highest return among Virginia Beach ZIP codes, generating an impressive annual revenue of $45,007. The moderate home value of $431.0K provides a balance of affordability and strong earning potential, making it an attractive choice for investors looking to maximize their returns in a stable residential area with year-round demand.
23453 – Landstown/Green Run
- Gross Yield: 7%
- Annual Revenue: $24,257
- Zillow Home Value: $350.6K
Located in the Landstown and Green Run neighborhoods, ZIP code 23453 offers a blend of suburban living and access to local shopping centers, parks, and schools. With a gross yield of 7% and an annual revenue of $24,257, this area is ideal for investors seeking steady returns in a market with relatively lower entry costs. The affordable home value of $351.5K and its appeal to families and local tourists make it a reliable option for short-term rental investments.
23462 – Kempsville
- Gross Yield: 7%
- Annual Revenue: $21,049
- Zillow Home Value: $307.2K
ZIP code 23462, covering the Kempsville area, is one of Virginia Beach’s more affordable regions, with a Zillow home value of $307.2K. This area has a gross yield of 7% and generates an annual revenue of $21,049. The Kempsville neighborhood is popular among families and travelers looking for a suburban feel with easy access to downtown Virginia Beach and nearby attractions. Its affordability and stable demand make it a solid choice for investors looking to minimize upfront costs while securing reliable rental income.
