Under $200K Investment Properties for Sale in Drakesboro, KY


166- 2 Bed
- 3 Bath
- - sft


493- 3 Bed
- 2 Bath
- 1450 sft


209- 4 Bed
- 2 Bath
- 1500 sft


-- 3 Bed
- 2 Bath
- 1545 sft


185- - Bed
- - Bath
- - sft


162- 2 Bed
- 1 Bath
- 841 sft


189- 3 Bed
- 1 Bath
- 2400 sft


160- 3 Bed
- 2 Bath
- 1754 sft


178- 3 Bed
- 2 Bath
- 2088 sft


187- 3 Bed
- 2 Bath
- 1937 sft


154- 3 Bed
- 2 Bath
- 1780 sft


147- 4 Bed
- 2 Bath
- 1368 sft


157- 2 Bed
- 1 Bath
- 1800 sft


181- 1 Bed
- 1 Bath
- 400 sft


145- 2 Bed
- 1 Bath
- 1071 sft


-- 3 Bed
- 1 Bath
- 1000 sft


192- 3 Bed
- 2 Bath
- 1378 sft


170- 4 Bed
- 2 Bath
- 1600 sft


190- 4 Bed
- 2 Bath
- 1612 sft


149- 3 Bed
- 1 Bath
- 1092 sft


419- 4 Bed
- 2 Bath
- 1488 sft


343- 2 Bed
- 1 Bath
- 980 sft


180- 3 Bed
- 1 Bath
- 952 sft


152- 4 Bed
- 1 Bath
- - sft


155- 3 Bed
- 2 Bath
- 1589 sft


166- 2 Bed
- 3 Bath
- - sft


244- 3 Bed
- 2 Bath
- 1000 sft
Why Invest in Drakesboro, Kentucky?
Investing in under $200k properties in Drakesboro, KY offers a unique opportunity to tap into a market with solid rental yields and manageable entry costs. This area shows average ROI around 8%, with rental yields near 7%, making it appealing to investors seeking steady cash flow. Cap rates in Drakesboro hover at 6%, supported by average rent of approximately $650 monthly. Appreciation rates remain modest at about 2.5%, indicating stable long-term growth potential. The renter-occupied rate is strong, at nearly 55%, reflecting consistent demand for affordable housing.
Frequently Asked Questions
The average rental yield for properties under $200k in Drakesboro is approximately 7%, offering investors a solid return on investment in this affordable market.
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