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
193- 4 Bed
- 4 Bath
- - sft
145- 2 Bed
- 1 Bath
- 1071 sft
-- 3 Bed
- 1 Bath
- 1000 sft
165- 3 Bed
- 1 Bath
- 1101 sft
192- 3 Bed
- 2 Bath
- 1378 sft
174- 2 Bed
- 1 Bath
- 1192 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
156- 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
148- 3 Bed
- 1 Bath
- - sft
249- 6 Bed
- 2 Bath
- 1773 sft
192- 3 Bed
- 2 Bath
- 2328 sft
150- 3 Bed
- 2 Bath
- 1382 sft
144- 3 Bed
- 2 Bath
- 960 sft
146- 3 Bed
- 2 Bath
- 1540 sft
-- 1 Bed
- 1 Bath
- 384 sft
-- 2 Bed
- 1 Bath
- 1100 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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