Condo Investment Properties for Sale in Suffolk, VA

Suffolk, VA offers strong investment potential in **condos**, with steady appreciation and robust rental demand driven by regional job growth. The city's median home values hover around $400K, up 2% YoY, providing solid entry points for condo investors[1][3]. **Rental yields** average 6-7%, supported by low vacancy rates and a 70% homeownership rate that funnels demand to rentals[3]. Proximity to ports and logistics corridors ensures stable cash flows, while balanced inventory at 3.7 months allows strategic buys[1]. Investors benefit from 2% annual appreciation and cap rates near 6%, outperforming nearby markets like Norfolk[1][3]. Growth in Hampton Roads positions Suffolk condos for long-term gains amid rising regional prices.