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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elkhorn City, KY
Listed for sale 4 days ago
$ 159,000
ROI
21.9
Cash Flow/m
93- 3 Bed
- 3 Bath
- 2898 sft
28 Atkins Belcher Rd, Elkhorn City, KY, 41522
$ 199,000
ROI
24.9Cash Flow/m
282- 5 Bed
- 2 Bath
- 2149 sft
3167 Marrowbone Creek Rd, Elkhorn city, KY, 41522
Motivated Seller
$ 125,000
ROI
25.3Cash Flow/m
193- 3 Bed
- 2 Bath
- 1200 sft
5122 Poor Bottom Rd, Elkhorn City, KY, 41522
$ 180,000
ROI
25.8Cash Flow/m
304- 3 Bed
- 2 Bath
- 1577 sft
245 Hatcher St, Elkhorn City, KY, 41522
Why Invest in Elkhorn City, Kentucky?
Investing in Elkhorn City, KY properties under $300k offers unique opportunities for real estate investors seeking affordability in the Appalachian region. The area has a steady rental yield around 7%, with average cash flow of approximately $500 monthly. Cap rates remain attractive at around 8%, while properties appreciate moderately by about 2% annually. The high renter occupancy rate of 65% supports consistent rental demand in this niche market.
8.5%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$500/mo
Avg. Cash Flow
$650/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Most properties under $300k in Elkhorn City are single-family homes and small multi-family units. These offer affordable entry points for investors looking for steady rental income.
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