Under $200K Investment Properties for Sale in Ellinwood, KS
42- 4 Bed
- 3 Bath
- 2017 sft
390- 3 Bed
- 1 Bath
- 1594 sft
112- 3 Bed
- 2 Bath
- 1942 sft
142- 3 Bed
- 1 Bath
- 900 sft
Why Invest in Ellinwood, Kansas?
Investing in Ellinwood, KS, under $200k offers a unique opportunity to tap into a stable Midwest real estate market. Median rental yields hover around 7%, with average ROI at 8%, making affordable properties highly attractive for investors focused on cash flow. The cap rate remains healthy at approximately 6.5%, reflecting steady demand in the area. Average monthly rent is about $700 with renter-occupied units nearing 60%, indicating a solid tenant base. Appreciation rates of 3% provide moderate growth potential in this small Kansas community.
Frequently Asked Questions
The average rental yield for properties under $200k in Ellinwood is approximately 7%, making it a favorable market for rental income investors.
Find Your Perfect Investment Property in Ellinwood, Kansas
Explore investment opportunities by strategy, performance, or property type
