Under $500K Investment Properties for Sale in Lebanon, KY
Listed for sale 4 days ago
$ 259,900
ROI
30.5
Cash Flow/m
776- 4 Bed
- 3 Bath
- 2230 sft
255 N Proctor Knott Ave, Lebanon, KY, 40033
Listed for sale 6 days ago
$ 339,900
ROI
22.6Cash Flow/m
273- 3 Bed
- 2 Bath
- 1522 sft
751 Carrico Loop, Lebanon, KY, 40033
$ 215,000
ROI
22.3Cash Flow/m
151- 2 Bed
- 2 Bath
- 2142 sft
660 Penick Rd, Lebanon, KY, 40033
$ 184,900
ROI
23.9Cash Flow/m
210- 3 Bed
- 2 Bath
- 1743 sft
121 S Forest St, 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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