Under $300K 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
$ 259,900
ROI
26.5Cash Flow/m
486- 3 Bed
- 2 Bath
- 1719 sft
1409 Lori Dr, Roanoke, VA, 24014
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
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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