Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Newport News, VA
Listed for sale 2 days ago
$ 189,900
ROI
21.4
Cash Flow/m
85- 3 Bed
- 2 Bath
- 1250 sft
12755 Saint George St APT C, Newport News, VA, 23602
Fix & Flip
Listed for sale 5 days ago
$ 259,000
ROI
26.5Cash Flow/m
485- 3 Bed
- 2 Bath
- 1542 sft
902 Miller Creek Ln, Newport News, VA, 23602
$ 424,900
ROI
27.4Cash Flow/m
898- 4 Bed
- 3 Bath
- 2403 sft
1464 Berkshire Dr, Newport News, VA, 23602
$ 276,015
ROI
25.2Cash Flow/m
418- 3 Bed
- 3 Bath
- 1500 sft
924 Lucas Creek Rd APT 2, Newport News, VA, 23608
Why Invest in Newport News, Virginia?
Newport News, VA offers strong potential for condo investors seeking steady rental income in a revitalizing market. Proximity to major shipyards and military bases drives consistent demand from renters. Average rents hover around $1,500 monthly with cap rates near 6-7%. Annual appreciation of 5-7% supports long-term equity growth. Low vacancy rates under 5% ensure reliable cash flow. Hampton Roads infrastructure investments enhance property values.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
6.2%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6% due to demand from shipyard workers and military personnel. Low vacancy rates and steady appreciation make them reliable. Focus on City Center for best returns.
Find Your Perfect Investment Property in Newport News, Virginia
Explore investment opportunities by strategy, performance, or property type
