Under $500K 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 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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