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Virginia Rental Yield Calculator

Calculate rental yield using Virginia market data. Gross yield uses total rent before expenses; net yield subtracts operating costs — the number that actually matters.

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Property & Income

Operating Expenses(Virginia defaults)

Total Annual Expenses$12,657

Gross vs. Net Rental Yield

Gross rental yield is the simplest comparison metric: annual rent divided by total property cost. It's useful for quick screening but doesn't account for the real cost of ownership.

Net rental yield subtracts operating expenses (taxes, insurance, maintenance, management, vacancy) from income before dividing by cost. This tells you what the property actually earns as a percentage of your investment.

The gap between gross and net reveals your expense ratio — how much of your gross income gets consumed by costs. A tight ratio means more money in your pocket; a wide one means the property is expensive to hold.

Virginia Market Context

Avg Cap Rate

5.2%

Median Price

$444K

Property Tax

0.75%

Vacancy Rate

5.6%

Local Factors

  • -Northern Virginia benefits from federal government and defense contractor employment
  • -Hampton Roads has military base-driven rental demand
  • -Richmond is an emerging investment market with lower entry prices than NoVA

Net Rental Yield

2.4%

Low

Gross Rental Yield

5.2%

Annual Gross Income$23,628
Annual Net Income$10,971
Total Investment$457,320
Total Expenses$12,657
Expense Ratio53.6%
Monthly Net Income$914
NET YIELD2.4%
Net Income$10,971
Property Tax$3,330
Insurance$1,674
Maintenance$4,440
Management$1,890
Vacancy$1,323
Other$0

What does this mean?

A net yield below 3% is typical in high-demand markets where appreciation drives returns more than cash flow. You're betting on the asset growing in value.