Under $500K Investment Properties for Sale in Suffolk, VA

Discover investment opportunities in Suffolk, VA under $500K, where affordable entry points meet steady rental demand. Properties in this price range offer solid **cap rates** around 6-8% and average rents supporting positive cash flow. The area's proximity to Norfolk and growing job market enhance appreciation potential at 4-5% annually. Renter-occupied housing exceeds 30%, driven by workforce commuters and military presence. Stable vacancy rates and economic expansion make under-$500K buys attractive for long-term holds.