Under $500K Investment Properties for Sale in Garden City, KS
Listed for sale 3 days ago
$ 315,000
ROI
25.3
Cash Flow/m
484- 4 Bed
- 3 Bath
- 1350 sft
2304 N Belmont Pl, Garden City, KS, 67846
Listed for sale 4 days ago
$ 325,000
ROI
23.7Cash Flow/m
357- 5 Bed
- 3 Bath
- 1731 sft
1717 N Glenellen Dr, Garden City, KS, 67846
Listed for sale 5 days ago
$ 225,000
ROI
25.9Cash Flow/m
384- 4 Bed
- 1 Bath
- 864 sft
1609 E Laurel St, Garden City, KS, 67846
Listed for sale 5 days ago
$ 310,000
ROI
26.6Cash Flow/m
594- 3 Bed
- 2 Bath
- 1300 sft
4124 Hawthorne Way, Garden City, KS, 67846
Why Invest in Garden City, Kansas?
Garden City, KS offers strong investment opportunities in properties under $500K, driven by a stable agribusiness economy. Rental yields average 7-8% with cap rates around 8%, supported by consistent demand from local workers. Annual appreciation holds at 4%, bolstered by low vacancy rates under 5%. Cash flow potential reaches $800/month for single-family homes under budget. Renter-occupied units at 35% ensure reliable tenant pools.
9.2%
Avg. ROI
7.8%
Rental Yield
8.1%
Cap Rate
$850/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Average ROI reaches 9% with 8% cap rates and $850 monthly cash flow. Rental yields of 7.8% support steady income. Appreciation at 4.2% adds long-term value.
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