Investment properties by city
Norfolk, VA
338 active listings
10 hand-reviewed deals today
Portsmouth, VA
227 active listings
3 hand-reviewed deals today
Virginia Beach, VA
298 active listings
1 hand-reviewed deal today
Newport News, VA
260 active listings
2 hand-reviewed deals today
Chesapeake, VA
226 active listings
2 hand-reviewed deals today
Suffolk, VA
82 active listings
No deals at asking today
Hampton, VA
272 active listings
1 hand-reviewed deal today
Williamsburg, VA
2 active listings
No deals at asking today
Investing in Hampton Roads: questions
Are there good investment properties for sale in Hampton Roads right now?
Yes. Today 19 listings in Hampton Roads score 50 or higher on the Deal Score with a hand-checked ARV and rehab, 10 of them at 70 or higher. That is out of 1705 active listings DealSherpa scored.
What does the Deal Score mean?
It reads the profit a fix-and-flip investor clears buying at the asking price: ARV less 7% selling costs, the rehab estimate, taxes and holding, and the price. 50 is break-even, 99 is $50,000 or more, and 40 to 49 means a loss at asking (40 is a loss of $50,000 or more).
What do investment properties cost in Hampton Roads?
The median asking price of the 1705 active listings is $319,900 ($209 per square foot), against a median after-repair value of $316,450. 922 of them ask more than their after-repair value.
How are ARV and the rehab estimate worked out?
ARV comes from comparable sales near the house. The rehab estimate comes from grading the listing photos and remarks; a listing whose photos have not been graded yet shows no rehab or max offer rather than a guess. Deals marked hand-reviewed have both checked by hand.
Why is the address hidden?
Addresses, the comps and the full analysis unlock with a DealSherpa plan. The numbers on this page are the same ones subscribers see.
See the addresses in Hampton Roads
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