High Rental Yield Investment Properties for Sale in Roanoke, VA
49- 4 Bed
- 3 Bath
- 2092 sft
49- 4 Bed
- 3 Bath
- 2092 sft
49- 4 Bed
- 3 Bath
- 2092 sft
49- 4 Bed
- 3 Bath
- 2092 sft
Why Invest in Roanoke, Virginia?
Roanoke, VA stands out for high rental yield investments due to affordable property prices and steady tenant demand. With average rents at $1,088 monthly and low vacancy rates around 3%, investors enjoy strong cash flow potential.[1][3] The city's diverse economy, led by healthcare and manufacturing, supports consistent occupancy.[2] Rental growth of 2.3% yearly combined with below-national-average home values enhances returns.[1] Cap rates remain attractive in this stable Southwest Virginia market.[2]
Frequently Asked Questions
Affordable home prices around $175k paired with average rents of $1,088 create strong yields. Low vacancy at 3% and steady job growth from Carilion Clinic ensure reliable occupancy. Investors benefit from below-national cost of living.
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