Under $500K Investment Properties for Sale in Elk River, ID
Listed for sale 7 days ago
$ 329,000
ROI
21.3
Cash Flow/m
143- 4 Bed
- 2 Bath
- 2000 sft
106 S 3rd St, Elk River, ID, 83827
$ 220,000
ROI
19.9Cash Flow/m
10- 2 Bed
- 1 Bath
- 828 sft
102 N 2nd St, Elk River, ID, 83827
$ 375,000
ROI
20.6Cash Flow/m
89- 2 Bed
- 2 Bath
- 2568 sft
409 S 2nd St, Elk River, ID, 83827
$ 425,000
ROI
23.0Cash Flow/m
384- 3 Bed
- 3 Bath
- 3276 sft
107 N 1st St, Elk River, ID, 83827
Why Invest in Elk River, Idaho?
Investing in Elk River, ID offers a unique opportunity with options under $500k. With an average ROI of 7%, a strong rental yield of 6%, and a stable market cap rate of 8%, it's an ideal place for savvy investors. Current trends indicate rising appreciation at 4% annually, making it an attractive option for long-term growth.
7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental price in Elk River is approximately $1,200 per month. This is aligned with the increasing rental rate trends in the area.
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