High Rental Yield Investment Properties for Sale in Hazard, KY

Investing in high rental yield properties in Hazard, KY offers a promising opportunity for real estate investors seeking steady cash flow and strong appreciation potential. This filter highlights properties with above-average rental yields, supported by the local economy's growth and affordable housing market. Hazard features an average ROI of 8.2%, a rental yield of 9.5%, and a cap rate of 7.8%, making it attractive for investors focused on reliable income streams. The city's average rent stands at $650 with an average cash flow of $150 per unit, reflecting affordability for tenants and profitability for investors. Renter occupancy remains robust at 72%, underlining steady demand in the local rental market.