Under $500K Investment Properties for Sale in Kenosha, WI


145- 3 Bed
- 1 Bath
- 1036 sft


724- 3 Bed
- 2 Bath
- 960 sft


568- 3 Bed
- 3 Bath
- 1656 sft


62- 3 Bed
- 2 Bath
- 1717 sft
Why Invest in Kenosha, Wisconsin?
Discover investment properties under $500k in Kenosha, WI, where median home prices hover around $280k, offering strong entry points for cash-flowing rentals. The area's hottest housing market status drives 6.5% annual appreciation and competitive cap rates near 7%. Proximity to Chicago job centers boosts rental demand, with average rents supporting 8% yields. Limited supply and job growth from major employers like Uline and Foxconn create sustained value. Renter-occupied rates exceed 40%, ensuring stable income streams for under-$500k acquisitions.
Frequently Asked Questions
Median prices around $280k allow strong cash flow with 6-8% yields. Hottest market status ensures quick appreciation and tenant demand. Proximity to Chicago jobs stabilizes rentals.
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