Virginia Beach-Norfolk-Newport News, VA-NC · Virginia
Suffolk city
ZIP 23437
96,638 residents571 permits TTM$90,089 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$329,600
ACS 5-Year
Cap rate proxy
6.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.8%
HUD FMR ÷ ACS HHI
Net migration
+3.17%
IRS SOI
Permits (TTM)
571
Census BPS
Climate risk
60.1
FEMA NRI (0–100)
ZIP 23437
Median home value
$329,600
Gross yield
4.5%
Buy Box score
0.7
Section 8 gap
-16.4%
Affordability
P/I: 3.7R/I: —
Section 8 detail
SAFMR: $1,240Rent: $1,484Gap: -16.4%
ZIP code breakdown7 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 23438 | $329,600 | $2,000 | 7.3% | 0.9 | 34.8% |
| 23435 | $329,600 | $2,170 | 7.9% | 0.8 | 46.2% |
| 23433 | $329,600 | $2,090 | 7.6% | 0.8 | 40.8% |
| 23432 | $329,600 | $1,750 | 6.4% | 0.8 | 17.9% |
| 23434 | $329,600 | $1,610 | 5.9% | 0.8 | 8.5% |
| 23437 | $329,600 | $1,240 | 4.5% | 0.7 | -16.4% |
| 23436 | $329,600 | $2,140 | 7.8% | — | 44.2% |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
70.4%
Census ACS
Vacancy rate
6.4%
Census ACS
Bachelor's degree +
32.4%
Census ACS
Rent burdened
52.8%
Census ACS (>30% income)
Median age
38.7
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026