Investment Properties for Sale in Suffolk, VA
509- 3 Bed
- 2 Bath
- 1466 sft
657- 5 Bed
- 3 Bath
- 2511 sft
235- 4 Bed
- 3 Bath
- 2686 sft
179- 4 Bed
- 3 Bath
- 2499 sft
Why Invest in Suffolk, Virginia?
Suffolk, VA, offers strong investment potential driven by job growth from major infrastructure like the Port 460 logistics hub and Amazon fulfillment center. Rental demand remains robust with low vacancy rates and steady appreciation around 2% annually. Investors benefit from balanced inventory at 3.7 months supply and homes selling in about 29-77 days. Cap rates hold steady amid rising median home prices near $407,500, providing value compared to nearby Chesapeake and Virginia Beach. New construction and logistics jobs support long-term cash flow stability.
Frequently Asked Questions
Key drivers include job creation from Port 460 and Amazon, with nearly 10,500 jobs combined. Steady 2% appreciation and strong rental demand near logistics hubs boost returns. Balanced inventory allows negotiation opportunities.
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