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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Norfolk, VA
Listed for sale 1 day ago
$ 195,000
ROI
27.7
Cash Flow/m
429- 1 Bed
- 1 Bath
- 657 sft
407 Warren Cres APT 1, Norfolk, VA, 23507
Listed for sale 1 day ago
$ 175,000
ROI
19.9Cash Flow/m
8- 1 Bed
- 1 Bath
- 647 sft
407 Warren Cres APT 2, Norfolk, VA, 23507
Listed for sale 6 days ago
$ 145,000
ROI
26.7Cash Flow/m
281- 3 Bed
- 1 Bath
- 928 sft
1230 Saint Julian Ave, Norfolk, VA, 23504
Fix & Flip
Listed for sale 6 days ago
$ 170,000
ROI
27.0Cash Flow/m
341- 2 Bed
- 1 Bath
- 898 sft
3125 Dunkirk Ave, Norfolk, VA, 23509
Why Invest in Norfolk, Virginia?
Discover investment opportunities in Norfolk, VA under $200k, where affordable entry points meet steady rental demand. Properties in this price range often deliver solid **cap rates** around 7-9% and **rental yields** of 8-10%. The city's naval presence drives consistent **renter occupancy** at 55%, supporting reliable cash flow. With moderate appreciation of 3-4% annually, these assets offer balanced growth potential for investors.
9.5%
Avg. ROI
8.7%
Rental Yield
8.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Primarily single-family homes, condos, and townhomes, many with 2-3 bedrooms around 1,000 sqft. These suit rentals for military families. Investor-friendly fixer-uppers are common in neighborhoods like Norview and Ghent.
Find Your Perfect Investment Property in Norfolk, Virginia
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