Under $200K Investment Properties for Sale in Keaau, HI
317- 3 Bed
- 2 Bath
- 1448 sft
227- - Bed
- - Bath
- - sft
300- 1 Bed
- 1 Bath
- 720 sft
275- 2 Bed
- 1 Bath
- 858 sft
Why Invest in Keaau, Hawaii?
Keaau, HI offers compelling **under $200k** investment opportunities, primarily in land parcels that provide entry into the Big Island market. Affordable lots enable high cash-on-cash returns with average cash flow potential around $300/month after development. Rental yields reach 8-10% in this growing Puna district, supported by 4% annual appreciation. Cap rates average 9% for entry-level rentals, with 45% renter occupancy driving demand. Proximity to Hilo supports steady workforce housing needs.
Frequently Asked Questions
Yes, primarily land parcels ranging from $20k-$199k are available under $200k. Few turnkey homes exist in this range; most opportunities are buildable lots. These offer strong entry points for investors targeting development.
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