Under $200K Investment Properties for Sale in Ellis, KS
170- 3 Bed
- 1 Bath
- 1283 sft
346- 3 Bed
- 1 Bath
- 1120 sft
161- 4 Bed
- 2 Bath
- 2091 sft
175- 3 Bed
- 2 Bath
- 1969 sft
Why Invest in Ellis, Kansas?
Investing in Ellis, KS properties under $200k offers a unique opportunity to tap into a stable Midwest market with solid rental yields and consistent appreciation. This filter highlights affordable investments that typically yield an average ROI of around 8%. Ellis benefits from a rental yield near 7%, with cap rates averaging 6%, making cash flow positive properties accessible. Local economic trends show steady income growth and a renter occupancy rate of approximately 62%. These metrics underscore Ellis, KS as a promising location for investors seeking affordable entry points.
Frequently Asked Questions
Under $200k in Ellis, KS, you can typically find single-family homes, small multifamily buildings, and some older rental properties suitable for investors focused on cash flow and steady appreciation.
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