Under $500K Investment Properties for Sale in Portsmouth, VA
Currently Rented
Listed for sale 1 day ago
$ 215,000
ROI
30.0
Cash Flow/m
611- 3 Bed
- 1 Bath
- 1082 sft
3816 Augustine Cir, Portsmouth, VA, 23703
Listed for sale 1 day ago
$ 240,000
ROI
30.4Cash Flow/m
710- 3 Bed
- 2 Bath
- 1040 sft
2120 Pearl St, Portsmouth, VA, 23704
Listed for sale 1 day ago
$ 135,000
ROI
25.9Cash Flow/m
230- 2 Bed
- 1 Bath
- 1284 sft
4401 South St, Portsmouth, VA, 23707
Fix & Flip
Listed for sale 1 day ago
$ 225,000
ROI
24.1Cash Flow/m
273- 4 Bed
- 2 Bath
- 2232 sft
3914 South St, Portsmouth, VA, 23707
Why Invest in Portsmouth, Virginia?
Portsmouth, VA offers strong investment opportunities in homes under $500K, with access to stable rental markets near naval facilities. Average rents support solid cash flows around $1,800 monthly for single-family homes. Cap rates hover at 7-8% due to high renter occupancy over 50%. Annual appreciation of 4-5% reflects regional growth in Hampton Roads. Low entry prices make it ideal for cash-flow focused investors seeking long-term holds.
9.2%
Avg. ROI
7.8%
Rental Yield
7.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Investors can expect average ROI around 9%, with rental yields of 7-8% on single-family homes. Cash flow averages $450 monthly after expenses. These metrics benefit from high military renter demand.
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