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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Elsmere, KY
Listed for sale 1 day ago
$ 259,900
ROI
26.9
Cash Flow/m
518- 3 Bed
- 2 Bath
- 896 sft
449 Ripple Creek Dr, Elsmere, KY, 41018
Listed for sale 1 day ago
$ 234,000
ROI
30.1Cash Flow/m
676- 3 Bed
- 2 Bath
- 1296 sft
232 Shaw Ave, Elsmere, KY, 41018
Listed for sale 5 days ago
$ 208,000
ROI
23.3Cash Flow/m
206- 3 Bed
- 2 Bath
- 1225 sft
409 Lytle Ave, Elsmere, KY, 41018
Listed for sale 5 days ago
$ 275,000
ROI
25.3Cash Flow/m
426- 3 Bed
- 2 Bath
- 1140 sft
1490 Clovernook Dr, Elsmere, KY, 41018
Why Invest in Elsmere, Kentucky?
Investing in Elsmere, KY properties under $500K offers strategic opportunities in a growing real estate market. This area boasts an average rental yield of 7%, cap rates near 6.5%, and steady cash flow averages around $600 monthly. Appreciation rates have been modest but consistent at approximately 3% annually. Renter-occupied units represent over 60%, indicating robust demand for rental homes in this price segment.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$600/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500K in Elsmere typically yield an average ROI of about 8%, supported by strong rental demand and consistent appreciation.
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