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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Roanoke, VA
Listed for sale 1 day ago
$ 229,777
ROI
29.3
Cash Flow/m
608- - Bed
- - Bath
- 1817 sft
409 Allison Ave SW, Roanoke, VA, 24016
Listed for sale 1 day ago
$ 259,500
ROI
22.2Cash Flow/m
177- 2 Bed
- 4 Bath
- 1843 sft
3420 Morning Dove Rd, Roanoke, VA, 24018
Listed for sale 2 days ago
$ 269,950
ROI
24.3Cash Flow/m
343- 3 Bed
- 2 Bath
- 1500 sft
5952 Sierra Dr, Roanoke, VA, 24012
Listed for sale 3 days ago
$ 145,000
ROI
26.0Cash Flow/m
253- 4 Bed
- 2 Bath
- 1379 sft
832 Hanover Ave NW, Roanoke, VA, 24016
Why Invest in Roanoke, Virginia?
Discover investment opportunities in Roanoke, VA properties under $300k. This price range offers single-family homes and multi-family units with strong rental demand. Average rents support yields around 7-8%, with cap rates of 6-7% in stable neighborhoods. Appreciation has been steady at 4-5% annually, driven by local job growth. Renter-occupied housing exceeds 45%, ensuring reliable cash flow for investors.
8.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Roanoke offers single-family homes, condos, townhouses, and multi-family units under $300k. Many feature 3-4 bedrooms suitable for rentals. Neighborhoods like Grandin Court and South Roanoke provide strong investment potential.
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