Under $200K Investment Properties for Sale in Elk City, KS


106- 2 Bed
- 1 Bath
- 690 sft


128- 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


101- 2 Bed
- 1 Bath
- 960 sft


109- 2 Bed
- 1 Bath
- 736 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


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
Why Invest in Elk City, Kansas?
Investing in Elk City, KS under 200k offers a unique opportunity for affordable real estate entry. The local market benefits from a steady average ROI of 6.3% and rental yields around 8.1%, making it attractive for cash flow investors. Properties typically yield a cap rate of 7.5% and an average rental income of $780 per month. Appreciation rates remain healthy at 3.2%, supported by a renter-occupied rate of 39%. This balance of moderate growth and strong rental demand makes Elk City a promising market for budget-conscious investors.
Frequently Asked Questions
The average return on investment in Elk City for properties under $200k is approximately 6.3%, with strong rental yields near 8.1%, making it a reliable market for investors seeking steady cash flow.
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