Under $300K 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 under $300k offers a strategic entry point into a growing market with stable rental demand. The area boasts a solid average ROI of 7.5% and a rental yield around 6%, supported by a cap rate of approximately 6.2%. Properties under this price range attract reliable tenants, with an average monthly rent of $850 generating consistent cash flow near $350. Appreciation trends indicate steady growth, making Effingham an appealing choice for investors seeking affordable opportunities with balanced risk.
Frequently Asked Questions
Most properties under $300k in Effingham include single-family homes and smaller multifamily units. These options suit investors seeking steady rental income with manageable entry costs.
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