Under $200K Investment Properties for Sale in Roanoke, VA
Listed for sale 2 days ago
$ 169,500
ROI
26.5
Cash Flow/m
320- 2 Bed
- 1 Bath
- 964 sft
2821 Richard Ave NE, Roanoke, VA, 24012
Listed for sale 2 days ago
$ 199,999
ROI
27.8Cash Flow/m
447- 3 Bed
- 1 Bath
- 900 sft
3310 Birchlawn Ave NW, Roanoke, VA, 24012
Listed for sale 2 days ago
$ 194,999
ROI
32.5Cash Flow/m
693- 4 Bed
- 2 Bath
- 1778 sft
2001 Hanover Ave NW, Roanoke, VA, 24017
Listed for sale 2 days ago
$ 189,000
ROI
28.8Cash Flow/m
475- 3 Bed
- 1 Bath
- 910 sft
1856 Kenwood Blvd SE, Roanoke, VA, 24013
Why Invest in Roanoke, Virginia?
Investing in Roanoke, VA, especially in properties under $200k, provides a unique opportunity for investors seeking value. With an average rental yield of 7% and a steady appreciation rate of 3%, the market shows promising potential. Furthermore, the renter-occupied rate is around 50%, indicating a healthy demand for rental properties in the area.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rent in Roanoke is approximately $1,200, making it an affordable option compared to many urban areas in Virginia.
Find Your Perfect Investment Property in Roanoke, Virginia
Explore investment opportunities by strategy, performance, or property type
