Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Drakesboro, KY
$ 100,000
ROI
25.7
Cash 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
$ 375,000
ROI
24.2Cash Flow/m
460- 4 Bed
- 3 Bath
- 2600 sft
795 Arnold Hill 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 under $500k properties in Drakesboro, KY offers unique opportunities for affordable real estate investments. The local rental market shows a solid rental yield of 8.5% and a cap rate of 7%, indicating good cash flows and returns. Average cash flow reaches around $450 per property monthly, with appreciation rates steady at 2.5% annually. Drakesboro’s renter-occupied rate is 55%, reflecting a stable tenant base fueled by the area's economic activities and rural charm.
8%
Avg. ROI
8.5%
Rental Yield
7%
Cap Rate
$450/mo
Avg. Cash Flow
$700/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Drakesboro typically see an average ROI of around 8%, driven by strong rental yields and steady appreciation.
Find Your Perfect Investment Property in Drakesboro, Kentucky
Explore investment opportunities by strategy, performance, or property type
