Under $200K Investment Properties for Sale in Effingham, KS
121- 3 Bed
- 1 Bath
- 862 sft
92- 4 Bed
- 3 Bath
- 2085 sft
235- 2 Bed
- 1 Bath
- 2405 sft
136- 1 Bed
- 1 Bath
- 432 sft
-- 3 Bed
- 2 Bath
- 1320 sft
128- 3 Bed
- 1 Bath
- 960 sft
101- 4 Bed
- 2 Bath
- 1920 sft
97- 4 Bed
- 1 Bath
- 2208 sft
-- 3 Bed
- 1 Bath
- 1140 sft
-- 3 Bed
- 2 Bath
- 2029 sft
92- - Bed
- - Bath
- 1296 sft
93- 3 Bed
- 2 Bath
- 1348 sft
295- 4 Bed
- 1 Bath
- 1817 sft
235- 4 Bed
- 3 Bath
- 1974 sft
313- 3 Bed
- 1 Bath
- 960 sft
105- 3 Bed
- 2 Bath
- 1348 sft
120- 3 Bed
- 2 Bath
- 1365 sft
129- 3 Bed
- 2 Bath
- 1841 sft
-- 3 Bed
- 1 Bath
- 890 sft
136- 3 Bed
- 1 Bath
- 988 sft
98- 4 Bed
- 5 Bath
- 3644 sft
123- 3 Bed
- 2 Bath
- 1680 sft
175- 5 Bed
- 3 Bath
- 1802 sft
102- 2 Bed
- 1 Bath
- 960 sft
Why Invest in Effingham, Kansas?
Investing in Effingham, KS properties under $200k presents a compelling opportunity for affordable entry into the real estate market. This niche market benefits from an average ROI of 7.2%, with rental yields at 8.5%, making it attractive for cash flow investors. The cap rate of 6.8% and an average cash flow of $350 per month indicate strong investment potential. Rising appreciation rates of 3.1% further support long-term value growth in this small Kansas city.
Frequently Asked Questions
Properties under $200k in Effingham generally include single-family homes, smaller multi-family units, and some manufactured homes. These offer good opportunities for entry-level investment and affordable housing.
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