Investment Properties for Sale in Norfolk, VA
437- 3 Bed
- 2 Bath
- 1737 sft
647- 3 Bed
- 3 Bath
- 1792 sft
327- 2 Bed
- 1 Bath
- 768 sft
704- 3 Bed
- 3 Bath
- 1448 sft
Why Invest in Norfolk, Virginia?
Norfolk, VA offers strong potential for real estate investors seeking stable rental income and moderate appreciation. The city's naval presence drives consistent demand from military personnel and families. With a **rental yield** around 6.5% and **cap rate** of 5.8%, properties generate solid cash flow. **Renter-occupied** housing exceeds 50%, supported by a competitive market where homes sell near list price. Recent median sale prices hover at $320K with low vacancy supporting long-term holds.
Frequently Asked Questions
The U.S. Navy base provides a stable tenant base of military families and contractors. High renter occupancy over 50% reflects consistent demand. Universities add student renters year-round.
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