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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elkton, KY
Listed for sale 1 day ago
$ 250,000
ROI
26.3
Cash Flow/m
452- 3 Bed
- 1 Bath
- 1300 sft
89 Brown Rd, Elkton, KY, 42220
Listed for sale 2 days ago
$ 245,000
ROI
26.8Cash Flow/m
483- 3 Bed
- 2 Bath
- 1353 sft
3160 Stokes Chapel Rd, Elkton, KY, 42220
Listed for sale 7 days ago
$ 237,900
ROI
29.0Cash Flow/m
614- 3 Bed
- 2 Bath
- 1240 sft
710 W Shelby Ave, Elkton, KY, 42220
$ 240,000
ROI
27.8Cash Flow/m
540- 3 Bed
- 2 Bath
- 1300 sft
112 Riverbend Dr, Elkton, KY, 42220
Why Invest in Elkton, Kentucky?
Investing in Elkton, KY properties under $300k offers attractive opportunities in a growing local market. With an average ROI of 7%, investors benefit from a rental yield around 6%, supported by a cap rate of 5%. Average rent prices near $850 help generate steady cash flow, averaging $180 monthly. The area's appreciation of 3% reflects growth prospects, while a renter-occupied rate near 45% indicates solid tenant demand.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$180/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Elkton is approximately 6%, offering steady returns for investors.
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