Under $200K Investment Properties for Sale in Portsmouth, VA

Portsmouth, VA offers strong investment opportunities in homes under $200k, particularly for cash-flow focused investors. Properties in this price range provide accessible entry points with potential for rental income and appreciation. The area's proximity to naval bases supports steady demand from military personnel. Renter-occupied units exceed 40%, bolstering rental yields around 8-10%. Cap rates average 7-9%, with median home values holding steady near $255k.