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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Alexandria, KY
$ 145,000
ROI
23.8
Cash Flow/m
161- 2 Bed
- 2 Bath
- 970 sft
1065 Wellington Dr Unit 1, Alexandria, KY, 41001
$ 265,000
ROI
24.7Cash Flow/m
366- 2 Bed
- 2 Bath
- 1229 sft
7523 Flintshire Dr #4-202, Alexandria, KY, 41001
$ 145,000
ROI
25.6Cash Flow/m
235- 2 Bed
- 2 Bath
- 970 sft
10593 Lynn Ln Unit 1, Alexandria, KY, 41001
$ 210,000
ROI
34.5Cash Flow/m
862- 2 Bed
- 2 Bath
- 1326 sft
7519 Flintshire Dr, Alexandria, KY, 41001
Why Invest in Alexandria, Kentucky?
Investing in condos in Alexandria, KY offers a promising opportunity for real estate investors seeking stable rental income and appreciation. The local condo market enjoys an average ROI of 7%, supported by a rental yield of 6.5% and cap rates around 5%. Condos here attract a strong renter base with a renter occupancy rate of 65%, ensuring steady cash flow averaging $350 monthly. Appreciation rates remain solid at 3.5%, driven by Alexandria's growing economy and housing demand.
7%
Avg. ROI
6.5%
Rental Yield
5%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Alexandria, KY is about 6.5%, making it an attractive option for investors seeking stable income.
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