Under $500K 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 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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