Fix And Flip Investment Properties for Sale in Chesapeake, VA
55- 3 Bed
- 2 Bath
- 2633 sft
470- 3 Bed
- 2 Bath
- 1915 sft
240- 3 Bed
- 2 Bath
- 1462 sft
966- 5 Bed
- 3 Bath
- 2112 sft
Why Invest in Chesapeake, Virginia?
Chesapeake, VA offers strong potential for fix-and-flip investments with steady home price appreciation and a competitive market. Homes sell quickly after targeted renovations, supported by 4.2% annual price growth to a $430K median. Rental yields average 5-6% while cap rates hover around 6%, ideal for quick flips or holds. Low vacancy and population growth from the Comprehensive Plan bolster demand. Investor returns benefit from stable employment in shipping and manufacturing hubs.
Frequently Asked Questions
Yes, with 4.2% home appreciation and homes selling in 47 days, flips yield solid ROI after renovations. The competitive market favors quick turnarounds. Stable demand from migration supports profits.
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