Under $500K Investment Properties for Sale in Frankfort, KS
$ 199,000
ROI
20.8
Cash Flow/m
56- 2 Bed
- 1 Bath
- 900 sft
200 W 6th St, Frankfort, KS, 66427
$ 148,000
ROI
22.9Cash Flow/m
129- 2 Bed
- 1 Bath
- 1808 sft
211 E 6th St, Frankfort, KS, 66427
$ 265,000
ROI
20.8Cash Flow/m
74- 4 Bed
- 3 Bath
- 1664 sft
907 N Elm St, Frankfort, KS, 66427
$ 149,000
ROI
24.0Cash Flow/m
174- 2 Bed
- 2 Bath
- 1124 sft
405 E 8th St, Frankfort, KS, 66427
Why Invest in Frankfort, Kansas?
Investing in Frankfort, KS properties under $500k offers strategic opportunities for steady rental income and moderate appreciation. This market shows an average ROI of 7%, with rental yields around 8% reflecting strong renter demand. The average rent remains affordable, approximately $900, attracting a stable base of renter-occupied units at 65%. Cap rates hover near 6%, highlighting a balance between risk and reward for investors focused on long-term gains.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Frankfort typically include single-family homes and small multi-family units, offering affordable entry points for investors focused on rental income.
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