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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lenexa, KS
Listed for sale 2 days ago
$ 350,000
ROI
24.5
Cash Flow/m
465- 3 Bed
- 4 Bath
- 2817 sft
8038 Monrovia St, Lenexa, KS, 66215
Listed for sale 2 days ago
$ 455,000
ROI
24.1Cash Flow/m
550- 5 Bed
- 4 Bath
- 2800 sft
9033 Greenway Ln, Lenexa, KS, 66215
Listed for sale 2 days ago
$ 490,000
ROI
21.9Cash Flow/m
293- 4 Bed
- 4 Bath
- 2794 sft
12823 W 82nd St, Lenexa, KS, 66215
Listed for sale 2 days ago
$ 425,000
ROI
25.1Cash Flow/m
632- 3 Bed
- 3 Bath
- 2418 sft
8205 Caenen Lake Rd, Lenexa, KS, 66215
Why Invest in Lenexa, Kansas?
Discover investment opportunities in Lenexa, KS under $500k, where affordable single-family homes and townhomes offer strong entry points for investors. Lenexa's proximity to Kansas City drives consistent rental demand from professionals. Average rents around $1,800 provide solid cash flow potential with cap rates near 6%. Annual appreciation of 4-5% reflects steady suburban growth. Renter occupancy exceeds 40%, supported by job-rich Johnson County economy.
8.5%
Avg. ROI
6.2%
Rental Yield
6.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1820/mo
Avg. Rent
4.7%
1Y Appreciation
Frequently Asked Questions
Primarily single-family homes, townhomes, and some condos under $500k. Recent sales include 3-4 bedroom houses averaging 1,800-2,200 sq ft. These offer good rental potential due to family-oriented neighborhoods.
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