Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Albany, KY

Listed for sale 2 days ago
$ 190,000
ROI
28.7
Cash Flow/m
471- 3 Bed
- 2 Bath
- 1760 sft
266 Carmel Ln, Albany, KY, 42602

Fix & Flip
$ 189,500
ROI
25.0
Cash Flow/m
279- 3 Bed
- 2 Bath
- 1792 sft
905 Division Rd, Albany, KY, 42602

$ 159,900
ROI
29.8
Cash Flow/m
449- 3 Bed
- 1 Bath
- 1152 sft
425 Tennessee Short Cut Rd, Albany, KY, 42602

$ 124,000
ROI
25.0
Cash Flow/m
180- 2 Bed
- 1 Bath
- 1144 sft
341 Bradley Rd, Albany, KY, 42602
Why Invest in Albany, Kentucky?
Investing in Albany, KY under $200k offers an affordable entry into the state's real estate market. This filter highlights opportunities with an average ROI of 7% and a solid rental yield around 9%. Cap rates in this area average 8%, reflecting strong cash flow potential. Appreciation rates remain steady near 3%, supported by a renter occupancy rate of 55%. These metrics indicate promising returns for investors focused on affordable housing assets in this region.
7%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$850/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Most properties under $200k in Albany are single-family homes and smaller multifamily units. These are ideal for investors seeking affordable entry points with solid rental income potential.
Find Your Perfect Investment Property in Albany, Kentucky
Explore investment opportunities by strategy, performance, or property type
