High ROI Investment Properties for Sale in Norfolk, VA
Listed for sale 2 days ago
$ 275,000
ROI
27.4
Cash Flow/m
587- 2 Bed
- 2 Bath
- 1053 sft
7404 Major Ave, Norfolk, VA, 23505
$ 399,000
ROI
23.7Cash Flow/m
434- 4 Bed
- 3 Bath
- 1949 sft
1077 Green St, NORFOLK, VA, 23513
Listed for sale 2 days ago
$ 233,700
ROI
29.3Cash Flow/m
618- 3 Bed
- 1 Bath
- 952 sft
3144 Dunway St, Norfolk, VA, 23513
Listed for sale 2 days ago
$ 339,000
ROI
33.8Cash Flow/m
1320- 3 Bed
- 3 Bath
- 2448 sft
2549 Ballentine Blvd, Norfolk, VA, 23509
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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