Under $200K Investment Properties for Sale in Elk City, KS
112- 4 Bed
- 2 Bath
- 2400 sft
116- 4 Bed
- 2 Bath
- 1296 sft
122- 3 Bed
- 1 Bath
- 862 sft
127- 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
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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