Condo Investment Properties for Sale in Richmond, VA
Listed for sale 2 days ago
$ 284,990
ROI
22.1
Cash Flow/m
186- 3 Bed
- 3 Bath
- 1220 sft
3863 Hickory St #9B, Richmond, VA, 23222
Listed for sale 2 days ago
$ 284,990
ROI
22.1Cash Flow/m
186- 3 Bed
- 3 Bath
- 1220 sft
3864 Hickory St #2B, Richmond, VA, 23222
Listed for sale 3 days ago
$ 233,990
ROI
27.5Cash Flow/m
503- 2 Bed
- 2 Bath
- 937 sft
Beech Plan, Walmsley Ridge, Richmond, VA, 23224
$ 396,735
ROI
22.4Cash Flow/m
292- 3 Bed
- 3 Bath
- 1573 sft
3617 Daisy Field Walk #A, Richmond, VA, 23233
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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