Under $200K Investment Properties for Sale in Elwood, KS
55- 3 Bed
- 1 Bath
- 1323 sft
295- 2 Bed
- 1 Bath
- 859 sft
92- 4 Bed
- 2 Bath
- 1536 sft
289- 2 Bed
- - Bath
- 4500 sft
- 1 Bed
- 1 Bath
- 600 sft
130- 2 Bed
- 1 Bath
- 1056 sft
96- 3 Bed
- 1 Bath
- 992 sft
-- 3 Bed
- 1 Bath
- 1056 sft
284- 2 Bed
- 2 Bath
- 1304 sft
138- 2 Bed
- 1 Bath
- 1033 sft
116- 3 Bed
- 1 Bath
- 1800 sft
118- 3 Bed
- 2 Bath
- 1232 sft
138- 2 Bed
- 1 Bath
- 1036 sft
-- 3 Bed
- 2 Bath
- 1076 sft
102- 3 Bed
- 2 Bath
- 1452 sft
131- 2 Bed
- 1 Bath
- 900 sft
133- 4 Bed
- 2 Bath
- 1577 sft
106- 2 Bed
- 1 Bath
- 690 sft
113- 2 Bed
- 1 Bath
- 836 sft
325- - Bed
- 4 Bath
- 4488 sft
-- 2 Bed
- 1 Bath
- 1181 sft
-- 3 Bed
- 1 Bath
- 1282 sft
98- 3 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 1539 sft
Why Invest in Elwood, Kansas?
Investing in Elwood, KS properties under $200k offers a unique opportunity to tap into a market with steady rental demand and solid cash flow potential. With an average ROI of 7%, investors benefit from attractive cap rates around 6.2% and average rental yields near 8%. The affordability of entry-priced homes allows for favorable appreciation prospects while maintaining healthy renter occupancy rates. These metrics, combined with Elwood’s stable labor market and growing housing needs, make it an appealing choice for value-focused real estate investors.
Frequently Asked Questions
Properties under $200k in Elwood typically include single-family homes and smaller multi-family units. These properties are suitable for first-time investors and those seeking affordable entry points with potential for rental income.
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