Under $200K Investment Properties for Sale in Elkhart, KS
$ 130,000
ROI
23.5
Cash Flow/m
136- 3 Bed
- 2 Bath
- 2488 sft
525 Coronado St, Elkhart, KS, 67950
$ 170,000
ROI
28.2Cash Flow/m
401- 4 Bed
- 2 Bath
- 2564 sft
149 Hilltop St, Elkhart, KS, 67950
$ 156,500
ROI
31.0Cash Flow/m
491- 5 Bed
- 2 Bath
- 2208 sft
588 Emery Ln, Elkhart, KS, 67950
$ 142,500
ROI
23.7Cash Flow/m
156- 5 Bed
- 2 Bath
- 1820 sft
510 Emery Ln, Elkhart, KS, 67950
Why Invest in Elkhart, Kansas?
Investing in Elkhart, KS, especially properties under $200k, offers a solid entry point into a growing real estate market. The area sees an average rental yield of 7.2%, with cap rates around 6.8%, indicating robust income potential. Average cash flow remains positive, supported by steady average rents near $850 per month. Appreciation rates hover around 3.5% annually, supported by a renter-occupied rate above 65%, making it a stable market for rental investments.
8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Elkhart typically include single-family homes and small multi-family units. These are ideal for investors seeking affordable entry points with solid rental demand.
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