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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Albany, KY
Listed for sale 3 days ago
$ 199,000
ROI
28.0
Cash Flow/m
457- 3 Bed
- 1 Bath
- - sft
900 Rainbow Dr, Albany, KY, 42602
Airbnb Potential
$ 129,900
ROI
25.5Cash Flow/m
206- 3 Bed
- 2 Bath
- - sft
414 McWhorter Rd, Albany, KY, 42602
$ 139,900
ROI
25.7Cash Flow/m
233- 4 Bed
- 2 Bath
- - sft
601 Hopkins St, Albany, KY, 42602
$ 125,000
ROI
26.3Cash Flow/m
226- 3 Bed
- 2 Bath
- - sft
4075 Wisdom Dock 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.
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