Under $200K Investment Properties for Sale in Elwood, KS


-- 2 Bed
- 1 Bath
- 792 sft


109- 2 Bed
- 1 Bath
- 1139 sft


93- 2 Bed
- 3 Bath
- 1920 sft


98- 2 Bed
- 1 Bath
- 884 sft


87- 3 Bed
- 1 Bath
- 722 sft


92- 3 Bed
- 2 Bath
- 1320 sft


90- 2 Bed
- 1 Bath
- 640 sft


-- 3 Bed
- 1 Bath
- 1083 sft


383- 4 Bed
- - Bath
- - sft


101- 3 Bed
- 2 Bath
- 932 sft


104- 3 Bed
- 2 Bath
- 2344 sft


93- 3 Bed
- 1 Bath
- 994 sft


55- 3 Bed
- 1 Bath
- 1323 sft


295- 2 Bed
- 1 Bath
- 859 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


115- 4 Bed
- 2 Bath
- 3008 sft


118- 3 Bed
- 2 Bath
- 1232 sft


-- 3 Bed
- 2 Bath
- 1076 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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