Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Portsmouth, VA
Listed for sale 1 day ago
$ 215,000
ROI
27.3
Cash Flow/m
450- 2 Bed
- 1 Bath
- 750 sft
73 Gillis Rd, Portsmouth, VA, 23702
Listed for sale 3 days ago
$ 275,000
ROI
28.4Cash Flow/m
659- 4 Bed
- 2 Bath
- 1680 sft
1914 North St, Portsmouth, VA, 23704
Listed for sale 3 days ago
$ 264,900
ROI
26.2Cash Flow/m
472- 3 Bed
- 2 Bath
- 1222 sft
4323 Augusta Ter, Portsmouth, VA, 23707
Listed for sale 3 days ago
$ 269,500
ROI
30.6Cash Flow/m
815- 3 Bed
- 2 Bath
- 1044 sft
104 Heath Ln, Portsmouth, VA, 23701
Why Invest in Portsmouth, Virginia?
Portsmouth, VA offers strong investment opportunities in homes under $300k, with affordable entry points for single-family rentals and flips. Stable rental demand from naval base workers supports yields around 7-9%. Recent appreciation of 3-4% annually outpaces many markets. Low vacancy rates under 5% ensure consistent cash flow. Proximity to Norfolk naval facilities drives long-term renter occupancy over 50%. Cap rates of 6-8% make these properties attractive for value-add strategies.
8.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Affordable homes under $300k offer strong cap rates of 6-8% and rental yields near 8%. Naval base proximity ensures steady tenant demand. Appreciation of 3-5% supports long-term gains.
Find Your Perfect Investment Property in Portsmouth, Virginia
Explore investment opportunities by strategy, performance, or property type
