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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Gray, KY
Listed for sale 7 days ago
$ 159,000
ROI
23.0
Cash Flow/m
145- 2 Bed
- 1 Bath
- 1852 sft
447 Arkle Rd, Gray, KY, 40734
Rental Income
$ 169,900
ROI
23.5Cash Flow/m
177- 2 Bed
- 1 Bath
- 1044 sft
165 Kentucky Route Hwy #233, Gray, KY, 40734
$ 168,900
ROI
29.3Cash Flow/m
448- 3 Bed
- 2 Bath
- 1792 sft
331 Ellen Ln, Gray, KY, 40734
$ 100,000
ROI
25.1Cash Flow/m
147- 2 Bed
- 1 Bath
- 759 sft
81 Aster Ln, Gray, KY, 40734
Why Invest in Gray, Kentucky?
Investing in Kentucky properties under $200k offers a balanced entry point for real estate investors. The state market features an average ROI of 8.5%, with rental yields around 7%. Cap rates remain attractive near 6.8%, supporting steady cash flow. Average rents are growing modestly, reflecting sound appreciation potential in the region. A renter occupancy rate of about 54% further reinforces rental demand.
8.5%
Avg. ROI
7%
Rental Yield
6.8%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Kentucky typically include single-family homes, small multi-family units, and condos in select areas. These options are suitable for entry-level investors seeking reasonable cash flow.
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