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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Newport News, VA
Fix & Flip
Listed for sale 2 days ago
$ 280,000
ROI
33.8
Cash Flow/m
1098- 3 Bed
- 3 Bath
- 1587 sft
28 Colony Rd, Newport News, VA, 23602
Fix & Flip
Motivated Seller
Listed for sale 2 days ago
$ 255,000
ROI
23.2Cash Flow/m
242- 4 Bed
- 2 Bath
- 1828 sft
230 Longmeadow Dr, Newport News, VA, 23601
Fix & Flip
Listed for sale 2 days ago
$ 175,000
ROI
25.8Cash Flow/m
294- 3 Bed
- 2 Bath
- 2160 sft
1144 22nd St, Newport News, VA, 23607
Fix & Flip
Listed for sale 2 days ago
$ 225,000
ROI
23.1Cash Flow/m
207- 3 Bed
- 2 Bath
- 1421 sft
640 Deep Creek Rd, Newport News, VA, 23606
Why Invest in Newport News, Virginia?
Investing in Newport News, VA, presents a solid opportunity for fix-and-flip projects. With a competitive average ROI of 12% and a rental yield of 8%, this city offers promising returns. The area boasts a steady appreciation rate of 3.5%, with average cash flow around $1,200 monthly. Additionally, the market is approximately 60% renter-occupied, indicating strong demand for rental properties.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix-and-flip properties in Newport News is around 12%, making it a viable market for investors.
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