Under $200K Investment Properties for Sale in Erie, KS
150- 3 Bed
- 2 Bath
- 1334 sft
138- 3 Bed
- 1 Bath
- 1404 sft
175- 3 Bed
- 2 Bath
- 1308 sft
100- 3 Bed
- 1 Bath
- 1161 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
122- 3 Bed
- 2 Bath
- 2324 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
99- 4 Bed
- 2 Bath
- 2291 sft
-- 3 Bed
- 1 Bath
- 1282 sft
98- 3 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 1539 sft
93- 3 Bed
- 1 Bath
- 1122 sft
325- 3 Bed
- 2 Bath
- 1541 sft
332- 4 Bed
- 1 Bath
- 1352 sft
113- 3 Bed
- 1 Bath
- 816 sft
- 2 Bed
- 1 Bath
- 1140 sft
107- 4 Bed
- 2 Bath
- 2400 sft
-- 4 Bed
- 2 Bath
- 1296 sft
127- 4 Bed
- 3 Bath
- 2085 sft
Why Invest in Erie, Kansas?
Investing in Erie, KS under $200k offers a unique opportunity to capitalize on affordable real estate in a growing community. With an average ROI of 6%, rental yields near 8%, and cap rates around 7%, properties here deliver stable income streams. Average rent prices sit comfortably around $850, supporting consistent cash flow for investors. The appreciation trend remains positive at 3% annually, reflecting increasing demand in the area. Additionally, a renter-occupied rate of 45% reinforces a solid tenant base within this price range.
Frequently Asked Questions
Properties under $200k in Erie typically include single-family homes and small multi-family units suitable for rental investments. These properties are well-positioned for affordable entry into the local market.
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