Under $200K Investment Properties for Sale in Henrico, VA

Henrico, VA offers compelling opportunities for properties under $200k, particularly condos and townhomes ideal for rental income. Stable rental demand from proximity to Richmond drives consistent cash flow. With cap rates around 6-7% and appreciation of 4% annually, these affordable investments yield solid returns. Low vacancy rates and growing renter occupancy make under $200k properties attractive for passive income strategies. Economic growth in healthcare and government sectors supports long-term value appreciation.