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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Berea, KY
Listed for sale 1 day ago
$ 299,000
ROI
22.5
Cash Flow/m
231- 3 Bed
- 2 Bath
- 1362 sft
151 Newport Ln, Berea, KY, 40403
Listed for sale 2 days ago
$ 249,900
ROI
28.3Cash Flow/m
595- 4 Bed
- 3 Bath
- 2622 sft
106 Lee Paige Ct, Berea, KY, 40403
Listed for sale 5 days ago
$ 255,000
ROI
22.8Cash Flow/m
216- 3 Bed
- 1 Bath
- 1450 sft
115 Walnut St, Berea, KY, 40403
Listed for sale 6 days ago
$ 189,900
ROI
26.5Cash Flow/m
357- 4 Bed
- 2 Bath
- 1922 sft
205 Reed Hl, Berea, KY, 40403
Why Invest in Berea, Kentucky?
Investing in Berea, KY under $500k offers a unique opportunity to tap into a growing market with affordable entry points. The area shows a solid average ROI of 7.2%, rental yields around 6.5%, and cap rates near 5.8%, making it attractive for steady cash flow investments. Average cash flow sits at $450 monthly with appreciating property values increasing by 3.5% annually. Rental demand is supported by a renter-occupied rate of 44%, bolstered by the local economy and educational institutions.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The market includes single-family homes, small multifamily properties, and some condos, making it accessible for a variety of investors targeting under $500k investments.
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