Under $500K 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 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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