Under $300K Investment Properties for Sale in Richmond, VA
Listed for sale 2 days ago
$ 215,000
ROI
28.2
Cash Flow/m
503- 2 Bed
- 2 Bath
- 1300 sft
2011 Chicago Ave, Richmond, VA, 23224
Listed for sale 2 days ago
$ 284,990
ROI
22.1Cash 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
Fix & Flip
Listed for sale 2 days ago
$ 230,000
ROI
23.6Cash Flow/m
248- 4 Bed
- 2 Bath
- 1813 sft
4030 Old Warwick Rd, Richmond, VA, 23234
Why Invest in Richmond, Virginia?
Richmond, VA offers strong investment opportunities in properties under $300k, particularly in neighborhoods like Church Hill and The Fan. Average rents support solid cash flow with cap rates around 7-9%. The city's renter-occupied housing at 52% ensures steady demand. Annual appreciation of 4-5% and employment growth bolster long-term returns. Low entry prices make it accessible for cash-flow focused investors.
9.2%
Avg. ROI
8.1%
Rental Yield
7.8%
Cap Rate
$420/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Popular areas include Church Hill, The Fan, and Northside with single-family homes and townhouses averaging 1,200 sqft. These spots offer good rental demand due to proximity to VCU and downtown. Investors find strong cash flow potential here.
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