Under $200K Investment Properties for Sale in Norfolk, VA
Listed for sale 2 days ago
$ 168,000
ROI
26.0
Cash Flow/m
294- 3 Bed
- 2 Bath
- 1452 sft
1053 Dubose Dr, Norfolk, VA, 23504
Listed for sale 2 days ago
$ 170,000
ROI
24.8Cash Flow/m
238- 2 Bed
- 1 Bath
- 962 sft
1221 Curie Ct, Norfolk, VA, 23513
Fix & Flip
Listed for sale 3 days ago
$ 150,000
ROI
35.9Cash Flow/m
673- 5 Bed
- 2 Bath
- 2024 sft
119 Beechwood Ave, Norfolk, VA, 23505
Listed for sale 4 days ago
$ 189,900
ROI
21.5Cash Flow/m
91- 2 Bed
- 2 Bath
- 1149 sft
8530 Tidewater Dr APT 301, Norfolk, VA, 23503
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.
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