Under $200K Investment Properties for Sale in Lucas, KS
335- 3 Bed
- 2 Bath
- 1421 sft
402- 3 Bed
- 2 Bath
- 3591 sft
210- 4 Bed
- 2 Bath
- 990 sft
112- 4 Bed
- 2 Bath
- 2400 sft
116- 4 Bed
- 2 Bath
- 1296 sft
122- 3 Bed
- 1 Bath
- 862 sft
127- 4 Bed
- 3 Bath
- 2085 sft
235- 2 Bed
- 1 Bath
- 2405 sft
136- 1 Bed
- 1 Bath
- 432 sft
-- 3 Bed
- 2 Bath
- 1320 sft
128- 3 Bed
- 1 Bath
- 960 sft
101- 4 Bed
- 2 Bath
- 1920 sft
97- 4 Bed
- 1 Bath
- 2208 sft
-- 3 Bed
- 1 Bath
- 1140 sft
-- 3 Bed
- 2 Bath
- 2029 sft
92- - Bed
- - Bath
- 1296 sft
93- 3 Bed
- 2 Bath
- 1348 sft
295- 4 Bed
- 1 Bath
- 1817 sft
235- 4 Bed
- 3 Bath
- 1974 sft
313- 3 Bed
- 1 Bath
- 960 sft
105- 3 Bed
- 2 Bath
- 1348 sft
120- 3 Bed
- 2 Bath
- 1365 sft
129- 3 Bed
- 2 Bath
- 1841 sft
-- 3 Bed
- 1 Bath
- 890 sft
136- 3 Bed
- 1 Bath
- 988 sft
98- 4 Bed
- 5 Bath
- 3644 sft
123- 3 Bed
- 2 Bath
- 1680 sft
Why Invest in Lucas, Kansas?
Investing in Lucas, KS under 200k properties offers a unique opportunity to tap into the affordable housing market with solid returns. The average ROI stands near 7%, supported by a rental yield of approximately 8%, making it ideal for investors seeking stable cash flow. Cap rates hover around 6%, and the average cash flow is favorable given the modest average rent of $850. Appreciation is steady, near 2.5% annually, and a renter occupancy rate of 60% reflects balanced demand in this market.
Frequently Asked Questions
Lucas offers affordable property prices with solid rental yields around 8%. The steady cap rate near 6% and moderate appreciation make it attractive for investors seeking stable income.
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