Townhouse Investment Properties for Sale in Chesapeake, VA
735- 3 Bed
- 2 Bath
- 1280 sft
302- 3 Bed
- 4 Bath
- 2300 sft
762- 3 Bed
- 2 Bath
- 1340 sft
760- 3 Bed
- 4 Bath
- 2044 sft
Why Invest in Chesapeake, Virginia?
Chesapeake, VA offers strong townhouse investment potential in a competitive market with median home prices at $430K and year-over-year appreciation of 4.2%. The market demonstrates healthy rental demand with properties selling in approximately 47 days and receiving multiple offers. Townhouses in this region benefit from strong buyer interest, with 67% of local homebuyers seeking to remain in the Chesapeake metropolitan area. The combination of steady appreciation, competitive market dynamics, and consistent rental yield opportunities makes townhouse investments particularly attractive for investors seeking stable cash flow and long-term growth.
Frequently Asked Questions
Townhouses in Chesapeake typically achieve rental yields of 5-6% annually, supported by strong local demand and median rents around $2,100 per month. The competitive market with 2 average offers per property indicates healthy tenant demand and pricing power for investors.
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