Under $500K Investment Properties for Sale in Elk City, KS
55- 3 Bed
- 1 Bath
- 1323 sft
295- 2 Bed
- 1 Bath
- 859 sft
92- 4 Bed
- 2 Bath
- 1536 sft
289- 2 Bed
- - Bath
- 4500 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
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
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
Why Invest in Elk City, Kansas?
Investing under $500k in Elk City, KS offers an attractive entry into a stable and growing market. With average rental yields around 8% and cap rates near 6%, investors can achieve solid cash flow and steady appreciation. The area's renter-occupied rate of 65% supports consistent demand, while average rents of $850 align well with affordable housing needs. Real estate investments here benefit from a median appreciation rate of 3%, supported by local economic growth.
Frequently Asked Questions
Elk City offers affordable real estate with healthy rental yields and steady appreciation. Its stable economy and low vacancy rates support consistent rental demand, ideal for investors with a budget under $500k.
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