Under $200K Investment Properties for Sale in Elk City, KS
-- 2 Bed
- 1 Bath
- 792 sft
112- 2 Bed
- 1 Bath
- 1139 sft
93- 2 Bed
- 3 Bath
- 1920 sft
98- 2 Bed
- 1 Bath
- 884 sft
87- 3 Bed
- 1 Bath
- 722 sft
92- 3 Bed
- 2 Bath
- 1320 sft
90- 2 Bed
- 1 Bath
- 640 sft
-- 3 Bed
- 1 Bath
- 1083 sft
383- 4 Bed
- - Bath
- - sft
101- 3 Bed
- 2 Bath
- 932 sft
104- 3 Bed
- 2 Bath
- 2344 sft
93- 3 Bed
- 1 Bath
- 994 sft
55- 3 Bed
- 1 Bath
- 1323 sft
295- 2 Bed
- 1 Bath
- 859 sft
- 1 Bed
- 1 Bath
- 600 sft
130- 2 Bed
- 1 Bath
- 1056 sft
96- 3 Bed
- 1 Bath
- 992 sft
-- 3 Bed
- 1 Bath
- 1056 sft
284- 2 Bed
- 2 Bath
- 1304 sft
138- 2 Bed
- 1 Bath
- 1033 sft
116- 3 Bed
- 1 Bath
- 1800 sft
115- 4 Bed
- 2 Bath
- 3008 sft
118- 3 Bed
- 2 Bath
- 1232 sft
-- 3 Bed
- 2 Bath
- 1076 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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