Under $200K Investment Properties for Sale in Elk City, KS
133- 2 Bed
- 1 Bath
- 1033 sft
87- 3 Bed
- 1 Bath
- 1800 sft
101- 3 Bed
- 2 Bath
- 1164 sft
94- 2 Bed
- 1 Bath
- 1210 sft
99- 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
-- 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
- 2 Bed
- 1 Bath
- 1140 sft
107- 4 Bed
- 2 Bath
- 2400 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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