Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Lenexa, KS

Listed for sale 2 days ago
$ 165,000
ROI
24.1
Cash Flow/m
197- 2 Bed
- 2 Bath
- 952 sft
8904 Pflumm Rd, Lenexa, KS, 66215

$ 199,900
ROI
24.3
Cash Flow/m
253- 2 Bed
- 1 Bath
- 1556 sft
13312 W 91st St, Lenexa, KS, 66215

$ 199,000
ROI
20.6
Cash Flow/m
47- 2 Bed
- 1 Bath
- 986 sft
14107 W 88th St, Lenexa, KS, 66215

$ 185,000
ROI
32.3
Cash Flow/m
645- 3 Bed
- 2 Bath
- 1072 sft
9113 Summit St, Lenexa, KS, 66215
Why Invest in Lenexa, Kansas?
Discover investment opportunities in Lenexa, KS under $200k, where affordable entry points meet steady rental demand. The suburban Kansas City metro location offers **rental yields** around 7-8% with **cap rates** of 6-7%. **Appreciation** has averaged 4% annually, driven by job growth and infrastructure. **Renter-occupied** housing exceeds 35%, ensuring reliable cash flow. Proximity to major employers supports long-term tenant stability.
9.2%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
Yes, opportunities exist in condos, townhomes, and fixer-uppers under $200k. These properties offer strong rental yields due to high demand. Focus on areas near major employers for best returns.
Find Your Perfect Investment Property in Lenexa, Kansas
Explore investment opportunities by strategy, performance, or property type
