Under $200K Investment Properties for Sale in Ellsworth, KS
162- 3 Bed
- 2 Bath
- 1724 sft
118- 2 Bed
- 1 Bath
- 1056 sft
127- 2 Bed
- 2 Bath
- 1120 sft
370- 2 Bed
- 1 Bath
- 819 sft
Why Invest in Ellsworth, Kansas?
Investing in Ellsworth, KS properties under $200k offers attractive opportunities for steady rental income and appreciation. The local rental market provides an average cap rate of 7%, reflecting strong returns for investors. With rental yields around 8% and an average cash flow of $550 per property, investors can expect reliable monthly income. The area's appreciation rate hovers near 3% annually, supported by a renter-occupied rate of 45%. These metrics indicate a stable investment environment favored by budget-conscious real estate investors.
Frequently Asked Questions
Properties under $200k in Ellsworth typically include single-family homes and small multi-family units. These properties often appeal to first-time investors or those looking for affordable rental opportunities.
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