Under $200K 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

$ 124,500
ROI
26.0
Cash Flow/m
216- 3 Bed
- 1 Bath
- - sft
4261 Wolf River Dock Rd, Albany, KY, 42602

$ 129,900
ROI
25.0
Cash Flow/m
191- 3 Bed
- 1 Bath
- - sft
508 Tennessee 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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