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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Newport News, VA
Listed for sale today
$ 284,900
ROI
29.4
Cash Flow/m
764- 3 Bed
- 2 Bath
- 1288 sft
219 Goode Dr, Newport News, VA, 23602
Listed for sale today
$ 270,000
ROI
26.4Cash Flow/m
501- 2 Bed
- 2 Bath
- 1400 sft
862 Gleneagles Dr, Newport News, VA, 23602
Listed for sale today
$ 499,000
ROI
24.5Cash Flow/m
658- 4 Bed
- 3 Bath
- 2990 sft
311 Charity Ln, Newport News, VA, 23602
Listed for sale today
$ 420,000
ROI
25.5Cash Flow/m
674- 3 Bed
- 3 Bath
- 2133 sft
934 Elton Hall Cir, Newport News, VA, 23608
Why Invest in Newport News, Virginia?
Discover investment opportunities in Newport News, VA under $500k, where median home prices hover around $285k-$310k. Properties in this range offer strong rental demand driven by the shipyard and military presence. Average cap rates near 7% and rental yields of 8% make these assets cash flow positive. Annual appreciation of 5-7% reflects revitalization in City Center. Low vacancy and steady job growth support long-term holds.
9.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
6.2%
1Y Appreciation
Frequently Asked Questions
Yes, with median prices at $285k-$310k, many single-family homes and duplexes fit under $500k. These offer solid cash flow from rentals near the shipyard. Demand remains high due to low inventory.
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