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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Drakesboro, KY
Rental Income
$ 240,000
ROI
24.9
Cash Flow/m
343- 2 Bed
- 2 Bath
- 1440 sft
900 Riverside Church Rd, Drakesboro, KY, 42337
$ 100,000
ROI
25.7Cash Flow/m
166- 2 Bed
- 3 Bath
- - sft
304 Christian St, Drakesboro, KY, 42337
$ 199,900
ROI
28.6Cash Flow/m
493- 3 Bed
- 2 Bath
- 1450 sft
115 Howard Bowers Rd, Drakesboro, KY, 42337
$ 136,900
ROI
25.2Cash Flow/m
209- 4 Bed
- 2 Bath
- 1500 sft
108 Ricedale Cir, Drakesboro, KY, 42337
Why Invest in Drakesboro, Kentucky?
Investing in Drakesboro, KY properties under $300k offers affordable entry into a growing market with promising rental yields. The area exhibits an average ROI of 8% and a solid cap rate of 7%, supported by steady rental demand. Investors benefit from average cash flow of approximately $750 per month and median rents around $650, driven by a renter-occupied rate near 58%. Appreciation rates remain modest yet positive, reflecting stable long-term growth prospects in this regional Kentucky community.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$750/mo
Avg. Cash Flow
$650/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Drakesboro typically offer an average ROI of around 8%, making them appealing for budget-conscious investors seeking steady returns.
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