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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Bellemeade, KY
$ 299,000
ROI
20.9
Cash Flow/m
97- 2 Bed
- 3 Bath
- 1653 sft
8605 Shelbyville Rd APT 200, Bellemeade, KY, 40222
$ 325,000
ROI
27.2Cash Flow/m
675- 3 Bed
- 3 Bath
- 1776 sft
8605 Shelbyville Rd APT 216, Bellemeade, KY, 40222
$ 225,000
ROI
24.0Cash Flow/m
264- 2 Bed
- 2 Bath
- 1197 sft
8625 Shelbyville Rd APT 202, Bellemeade, KY, 40222
$ 219,900
ROI
31.2Cash Flow/m
700- 2 Bed
- 2 Bath
- 1235 sft
8625 Shelbyville Rd APT 201, Bellemeade, KY, 40222
Why Invest in Bellemeade, Kentucky?
Investing in condos in Bellemeade, KY offers a balanced entry into Kentucky’s real estate market with opportunities for steady rental income and appreciation. The local rental yield is bolstered by a strong renter base and moderate cap rates averaging around 5%. Investors can benefit from an average cash flow of approximately $500 monthly and an annual ROI near 7%. Bellemeade benefits from proximity to Louisville’s job market growth and stable housing demand, making condo investments appealing.
7%
Avg. ROI
5%
Rental Yield
5%
Cap Rate
$500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Average rent for condos in Bellemeade is around $1,200 per month, offering investors steady cash flow opportunities supported by solid rental demand.
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