Under $200K Investment Properties for Sale in Effingham, KS
22- 3 Bed
- 2 Bath
- 1682 sft
41- 2 Bed
- 2 Bath
- 1130 sft
100- 3 Bed
- 1 Bath
- 1161 sft
118- 3 Bed
- 2 Bath
- 1232 sft
138- 2 Bed
- 1 Bath
- 1036 sft
-- 3 Bed
- 2 Bath
- 1076 sft
102- 3 Bed
- 2 Bath
- 1452 sft
131- 2 Bed
- 1 Bath
- 900 sft
122- 3 Bed
- 2 Bath
- 2324 sft
133- 4 Bed
- 2 Bath
- 1577 sft
106- 2 Bed
- 1 Bath
- 690 sft
113- 2 Bed
- 1 Bath
- 836 sft
325- - Bed
- 4 Bath
- 4488 sft
-- 2 Bed
- 1 Bath
- 1181 sft
99- 4 Bed
- 2 Bath
- 2291 sft
-- 3 Bed
- 1 Bath
- 1282 sft
98- 3 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 1539 sft
93- 3 Bed
- 1 Bath
- 1122 sft
325- 3 Bed
- 2 Bath
- 1541 sft
332- 4 Bed
- 1 Bath
- 1352 sft
113- 3 Bed
- 1 Bath
- 816 sft
- 2 Bed
- 1 Bath
- 1140 sft
107- 4 Bed
- 2 Bath
- 2400 sft
-- 4 Bed
- 2 Bath
- 1296 sft
127- 4 Bed
- 3 Bath
- 2085 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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