Under $300K Investment Properties for Sale in Marion, KS
301- 3 Bed
- 2 Bath
- 2700 sft
130- 1 Bed
- 1 Bath
- 768 sft
160- 3 Bed
- 1 Bath
- 1645 sft
207- 4 Bed
- 2 Bath
- 2279 sft
Why Invest in Marion, Kansas?
Investing in under $300k properties in Marion, KS offers a unique opportunity to tap into stable rental demand and favorable cap rates. Marion boasts an average rental yield of 7.1% and a cap rate of 6.4%, highlighting strong potential cash flow for real estate investors. The average ROI is around 8.2%, supported by a rental market with average rents near $850. Appreciation remains steady, at approximately 2.3% annually, while renter-occupied units make up over 38% of the housing stock.
Frequently Asked Questions
Properties under $300k in Marion generally include single-family homes, small multi-family units, and some older renovated properties. These are attractive to investors seeking stable rental income with moderate entry costs.
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