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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Richmond, VA
Listed for sale 3 days ago
$ 549,500
ROI
21.3
Cash Flow/m
188- 3 Bed
- 4 Bath
- 2027 sft
711 Holly St, Richmond, VA, 23220
Listed for sale 6 days ago
$ 299,900
ROI
24.2Cash Flow/m
367- 2 Bed
- 3 Bath
- 1340 sft
7513 Potters Ct, Richmond, VA, 23225
$ 559,000
ROI
26.8Cash Flow/m
1030- 3 Bed
- 3 Bath
- 2451 sft
1552 Moore St #B, Richmond, VA, 23220
$ 429,000
ROI
21.9Cash Flow/m
252- 2 Bed
- 2 Bath
- 1573 sft
1509 Moore St Unit A, Richmond, VA, 23220
Why Invest in Richmond, Virginia?
Richmond, VA offers strong opportunities for condo investors seeking stable rental income in a competitive market. The city's balanced housing dynamics support consistent appreciation and cash flow. With homes selling quickly and demand from renters high, condos here deliver solid returns. Key metrics show rental yields around 5-6% amid job growth and limited supply. Investors benefit from moderate price growth projected through 2026.
7.2%
Avg. ROI
5.8%
Rental Yield
5.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
3.6%
1Y Appreciation
Frequently Asked Questions
Richmond condos offer strong rental yields and appreciation in a top-ranked market. Demand from students, professionals, and tourists keeps occupancy high. Balanced supply supports steady cash flow for investors.
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