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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Derby, KS

Listed for sale 1 day ago
$ 240,000
ROI
20.3
Cash Flow/m
33- 4 Bed
- 2 Bath
- 1771 sft
924 E Kay St, Derby, KS, 67037

Listed for sale 1 day ago
$ 285,000
ROI
30.0
Cash Flow/m
816- 3 Bed
- 3 Bath
- 3385 sft
801 E Goeldner Ln, Derby, KS, 67037

Listed for sale 2 days ago
$ 298,000
ROI
30.9
Cash Flow/m
920- 4 Bed
- 3 Bath
- 2970 sft
2443 N Woodlawn Blvd, Derby, KS, 67037

Listed for sale 4 days ago
$ 220,000
ROI
21.3
Cash Flow/m
93- 4 Bed
- 2 Bath
- 1656 sft
1339 N Community Dr, Derby, KS, 67037
Why Invest in Derby, Kansas?
Derby, KS offers strong investment opportunities in homes under $500K, with stable rental demand from local families and professionals. Average rents around $1,500 provide solid cash flow, complemented by 6-8% cap rates. The area's proximity to Wichita supports job growth in aviation and manufacturing. Annual appreciation of 4-5% adds long-term value for buy-and-hold strategies. Renter-occupied housing at 28% ensures consistent occupancy.
8.5%
Avg. ROI
7.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.8%
1Y Appreciation
Frequently Asked Questions
Derby offers affordable entry points with strong rental yields around 7% and low vacancy rates. Proximity to Wichita jobs ensures tenant stability. Appreciation trends support long-term holds.
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