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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lebanon, KY

$ 150,000
ROI
25.2
Cash Flow/m
227- 5 Bed
- 2 Bath
- 2641 sft
331 W Main St, Lebanon, KY, 40033

$ 259,900
ROI
25.2
Cash Flow/m
395- 3 Bed
- 2 Bath
- 1322 sft
128 Scenic Hill Dr, Lebanon, KY, 40033

$ 239,900
ROI
20.7
Cash Flow/m
63- 3 Bed
- 2 Bath
- 1400 sft
25 Denise Dr, Lebanon, KY, 40033

$ 355,000
ROI
23.9
Cash Flow/m
406- 3 Bed
- 2 Bath
- 1752 sft
141 Royal View Dr, Lebanon, KY, 40033
Why Invest in Lebanon, Kentucky?
Investing in Lebanon, KY properties under $500k offers a unique opportunity to capitalize on a growing local economy and affordable entry points. The area presents an average ROI of 6.1%, with a rental yield around 8.2%, making it an attractive market for cash flow investments. Properties under $500k tend to have a cap rate near 7%, supporting steady appreciation over time. With increasing renter occupancy rates near 54%, the demand for rentals remains strong in this welcoming small city.
6.1%
Avg. ROI
8.2%
Rental Yield
7%
Cap Rate
$900/mo
Avg. Cash Flow
$700/mo
Avg. Rent
2.3%
1Y Appreciation
Frequently Asked Questions
Most properties under $500k in Lebanon are single-family homes and small multifamily units. These offer solid rental demand due to affordability and moderate upkeep costs.
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