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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 today
$ 209,900
ROI
31.7
Cash Flow/m
697- 3 Bed
- 2 Bath
- 1507 sft
101 Deborah St, Elkton, KY, 42220
Motivated Seller
Listed for sale 4 days ago
$ 159,900
ROI
25.5Cash Flow/m
256- 3 Bed
- 2 Bath
- 1090 sft
117 W Ruth Dr, Elkton, KY, 42220
Listed for sale 5 days ago
$ 279,000
ROI
27.0Cash Flow/m
559- 3 Bed
- 2 Bath
- 1580 sft
116 Doe Dr, Elkton, KY, 42220
$ 165,000
ROI
23.0Cash Flow/m
147- 2 Bed
- 1 Bath
- 1056 sft
222 Marion St, 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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