Under $200K Investment Properties for Sale in Lily, KY
395- 3 Bed
- 1 Bath
- 972 sft
155- 3 Bed
- 1 Bath
- 1351 sft
173- 2 Bed
- 2 Bath
- 960 sft
364- 3 Bed
- 2 Bath
- 960 sft
Why Invest in Lily, Kentucky?
Investing in Kentucky under $200k properties offers a unique opportunity for real estate investors seeking stable cash flow and solid appreciation. Kentucky's rental market features an average ROI of 7.5% with rental yields near 8.2%, making it attractive for buy-and-hold strategies. Cap rates average around 6.5%, reflecting favorable income potential. With affordable rents averaging $950 monthly and steady renter occupancy above 60%, Kentucky's market balances affordability and growth prospects for portfolio diversification.
Frequently Asked Questions
The average ROI for properties under $200,000 in Kentucky is approximately 7.5%, reflecting solid income potential for investors focused on affordable real estate.
Find Your Perfect Investment Property in Lily, Kentucky
Explore investment opportunities by strategy, performance, or property type
