Under $200K Investment Properties for Sale in Frankfort, KY
595- 3 Bed
- 1 Bath
- 1075 sft
173- 1 Bed
- 1 Bath
- 1400 sft
611- 2 Bed
- 1 Bath
- 675 sft
345- 2 Bed
- 1 Bath
- 1 sft
Why Invest in Frankfort, Kentucky?
Frankfort, KY offers strong investment potential in properties under $200k, with multiple single-family homes and condos available in this price range. Stable rental demand from state government workers supports consistent cash flow. Average rents around $900/month yield solid returns for budget-conscious investors. Low vacancy rates and modest appreciation make these properties appealing for long-term holds. Cap rates hover at 8-10% in this segment, outperforming many urban markets.
Frequently Asked Questions
Yes, currently around 20 properties including single-family homes and condos are listed under $200k. These range from 2-3 bedrooms with sizes 800-1,500 sqft. They offer good entry points for investors targeting rentals.
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