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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

Fix & Flip
Listed for sale 2 days ago
$ 129,950
ROI
33.7
Cash Flow/m
504- 2 Bed
- 1 Bath
- 807 sft
1332 Morningside St SE, Roanoke, VA, 24013

Listed for sale 2 days ago
$ 259,950
ROI
32.9
Cash Flow/m
953- 3 Bed
- 2 Bath
- 1232 sft
2020 Colgate St NE, Roanoke, VA, 24012

Listed for sale 2 days ago
$ 260,000
ROI
25.2
Cash Flow/m
393- 3 Bed
- 1 Bath
- 1092 sft
5240 Grandin Road Ext, Roanoke, VA, 24018

Listed for sale 3 days ago
$ 155,000
ROI
26.8
Cash Flow/m
301- 2 Bed
- 1 Bath
- 1100 sft
914 Whitney Ave NW, Roanoke, VA, 24012
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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