Under $200K Investment Properties for Sale in Richmond, VA
304- 3 Bed
- 2 Bath
- 1446 sft
318- 2 Bed
- 1 Bath
- 720 sft
682- 2 Bed
- 1 Bath
- 876 sft
310- 3 Bed
- 1 Bath
- 888 sft
Why Invest in Richmond, Virginia?
Richmond, VA offers strong investment potential in homes under $200k, particularly for cash-flow focused investors. Properties in this price range often deliver solid rental yields amid steady population growth. With a renter-occupied rate around 45%, demand remains robust from young professionals and families. Annual appreciation of 4-5% supports long-term equity building. Cap rates hover at 7-9%, making these assets attractive for passive income strategies.
Frequently Asked Questions
Under $200k listings primarily include single-family homes, townhomes, and condos, often in neighborhoods like Church Hill and East End. Many are fixer-uppers ideal for value-add investing. Renovated units start around $130k with 2-3 bedrooms.
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