Investment Properties for Sale in Albany, KY

$ 125,000
ROI
30.8
Cash Flow/m
384- 3 Bed
- 1 Bath
- - sft
69 Blue Ridge Rd, Albany, KY, 42602

$ 184,900
ROI
22.2
Cash Flow/m
126- 3 Bed
- 2 Bath
- - sft
907 Lynnview Dr, Albany, KY, 42602

$ 215,100
ROI
30.1
Cash Flow/m
622- 3 Bed
- 2 Bath
- 1560 sft
963 Sugar Valley Rd, Albany, KY, 42602

$ 124,500
ROI
26.0
Cash Flow/m
216- 3 Bed
- 1 Bath
- - sft
4261 Wolf River Dock Rd, Albany, KY, 42602
Why Invest in Albany, Kentucky?
Investing in Albany, KY, offers unique opportunities in the Kentucky real estate market. The area features a steady rental demand with an average rental yield of 7%, and a cap rate around 6%, making it an attractive option for multifamily and single-family property investors. Appreciation rates remain modest at approximately 2% annually, while average cash flow per property is favorable compared to state averages. With a renter-occupied rate near 35%, investors can expect a balanced market that supports stable occupancy and returns.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$650/mo
Avg. Cash Flow
$700/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Albany, KY is approximately 7%, providing a solid income return for real estate investors.
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