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Portsmouth

Portsmouth City, VA

STR Investment Grade

Transparent Scoring
B
62/100
⚠️ HOLD
Score Breakdown
💰Cash-on-Cash
18/35
🏠Affordability
12/25
📅Year-Round Income
12/15
🤝Landlord Friendly
8/10
📈Room to Grow
12/15
Cash-on-Cash
8.9%
Marginal (5%+)
Median Home
$254K
Moderate
Room to Grow
12/15
Good Headroom

STRs Generally Permitted

STRs generally allowed with standard permits

No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.

Permit: Moderate
AI-generated regulation data · Regulations change frequently
📋 Before You Invest
Even in STR-friendly markets, confirm the details for your specific property. Call the Portsmouth City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Regulation details vary by neighborhood and zoning district — always verify for your specific address.

Why Portsmouth?

Urban Market

What drives short-term rental demand here

🏙️
Urban Hub

Business travel, events, and tourism create consistent year-round occupancy in city centers.

📈
Growing Market

Population and economic growth signal increasing demand and property appreciation potential.

🎖️
Military Presence

Military installations create steady demand from relocating families and visiting personnel.

Will This Deal Work?

Investment Grade
B
Marginal (5%+)
CoC: 8.9%
Can You Pay the Bills?
YES
Income covers mortgage
THE BOTTOM LINE ⚠️

Good opportunity. Solid fundamentals but may require careful property selection.

💵
$153
Avg ADR
📅
55%
Occupancy
💰
$2,748
Monthly Revenue
🏠
$254K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$1,511
2BR
$2,336
3BR
$2,748
4BR
$3,435
5BR
$4,122
6BR+
$4,809
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEParking
+18%
MUST HAVEWorkspace
+15%
HIGH IMPACTFast WiFi
+12%
HIGH IMPACTWasher/Dryer
+10%
NICE TO HAVEPet Friendly
+8%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $4,809/month
2
Add a Parking
Boost revenue by +18%
3
Target $3,435/month
Top 25% performer income goal

📋 Regulation Status

LegalPermit: Moderate

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

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Portsmouth, Virginia is rated B for Airbnb investment with a score of 62/100 (HOLD). The market has an average daily rate (ADR) of $153, 55% occupancy, and estimated monthly STR revenue of $2,748. Median home value is $254,302 with a cash-on-cash return of 8.9%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.