Under $500K Investment Properties for Sale in Ellsworth, KS
256- 2 Bed
- 1 Bath
- - sft
316- 4 Bed
- 2 Bath
- 1785 sft
487- 3 Bed
- 2 Bath
- 1403 sft
16- 3 Bed
- 2 Bath
- 1286 sft
Why Invest in Ellsworth, Kansas?
Investing in Ellsworth, KS properties under $500k offers a unique opportunity to tap into a stable Midwestern market. This price segment caters to entry-level investors seeking solid rental yields, currently averaging around 7%. The cap rate in Ellsworth is favorable at approximately 6%, with a steady average cash flow benefiting from affordable property prices. Rental demand remains consistent due to local economic activities and a renter occupancy rate near 60%, making it an attractive option for diversification in smaller markets.
Frequently Asked Questions
The average rental yield for properties under $500k in Ellsworth is approximately 7%, reflecting a strong return for investors in this price range.
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