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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lucas, KS

$ 159,000
ROI
27.3
Cash Flow/m
335- 3 Bed
- 2 Bath
- 1421 sft
130 Parkview Rd, Lucas, KS, 67648

$ 138,000
ROI
30.2
Cash Flow/m
402- 3 Bed
- 2 Bath
- 3591 sft
522 E 1st St, Lucas, KS, 67648

Motivated Seller
$ 230,400
ROI
29.8
Cash Flow/m
642- 4 Bed
- 2 Bath
- 2310 sft
116 N Fairview Ave, Lucas, KS, 67648

$ 158,600
ROI
24.5
Cash Flow/m
210- 4 Bed
- 2 Bath
- 990 sft
219 E 2nd St, Lucas, KS, 67648
Why Invest in Lucas, Kansas?
Investing in under $500k properties in Lucas, KS offers a promising opportunity for steady cash flow and solid appreciation. This market features a cap rate of around 7.5%, rental yields near 8%, and an average ROI of 9.2%. With affordable average rents and moderate renter occupancy rates, investors can expect stable performance. The local economy supports growth through diverse employment sectors, enhancing property demand and value appreciation.
9.2%
Avg. ROI
8%
Rental Yield
7.5%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lucas for properties under $500k is approximately 8%, offering solid returns for investors seeking rental income.
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