Under $500K Investment Properties for Sale in Newport News, VA
Listed for sale 2 days ago
$ 325,000
ROI
26.1
Cash Flow/m
570- 4 Bed
- 2 Bath
- 1485 sft
410 Chowan Pl, Newport News, VA, 23608
Listed for sale 2 days ago
$ 299,900
ROI
27.0Cash Flow/m
604- 4 Bed
- 2 Bath
- 1600 sft
2612 Madison Ave, Newport News, VA, 23607
Fix & Flip
Listed for sale 2 days ago
$ 365,000
ROI
25.6Cash Flow/m
599- 3 Bed
- 2 Bath
- 1419 sft
702 Whisperwood Dr, Newport News, VA, 23602
Listed for sale 2 days ago
$ 370,000
ROI
25.4Cash Flow/m
584- 3 Bed
- 2 Bath
- 1719 sft
807 Brandsby Ct, 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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