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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Norfolk, VA
Fix & Flip
Listed for sale 1 day ago
$ 349,000
ROI
24.3
Cash Flow/m
437- 3 Bed
- 2 Bath
- 1737 sft
1622 Wapiti Ave, Norfolk, VA, 23518
Listed for sale 1 day ago
$ 375,000
ROI
26.0Cash Flow/m
647- 3 Bed
- 3 Bath
- 1792 sft
2690 Azalea Garden Rd #B, Norfolk, VA, 23513
Listed for sale 1 day ago
$ 229,900
ROI
24.9Cash Flow/m
327- 2 Bed
- 1 Bath
- 768 sft
5108 Elmhurst Ave, Norfolk, VA, 23513
Listed for sale 1 day ago
$ 310,000
ROI
27.9Cash Flow/m
704- 3 Bed
- 3 Bath
- 1448 sft
4124 Killam Ave, Norfolk, VA, 23508
Why Invest in Norfolk, Virginia?
High ROI properties in Norfolk, VA stand out for savvy investors seeking strong returns. Norfolk's naval base drives consistent rental demand from military personnel. Average cap rates hover around 6%, with rental yields supporting solid cash flow. Annual appreciation and a renter-occupied rate above 50% enhance long-term value. Stable economy and waterfront appeal make it ideal for high-ROI opportunities.
8.5%
Avg. ROI
7.2%
Rental Yield
6.2%
Cap Rate
$325/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
3.4%
1Y Appreciation
Frequently Asked Questions
Military demand from Naval Station Norfolk ensures low vacancy and steady rents. Cap rates around 6% and 3.4% appreciation support strong returns. Focus on multifamily or student housing near Old Dominion University for best results.
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