Investment Properties Under $300K in Melbourne, KY | Ziffy.ai
Save Search
Filters Applied
Edit
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Melbourne, KY

Property at 3910 Nine Mile Rd, Melbourne, KY
$ 210,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign282
  • 3 Bed
  • 2 Bath
  • - sft
3910 Nine Mile Rd, Melbourne, KY, 41059
Property at 418 Huntington Ave, Melbourne, KY
$ 239,900
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign100
  • 3 Bed
  • 2 Bath
  • 1368 sft
418 Huntington Ave, Melbourne, KY, 41059
Property at LOT 5 Uhl Rd, Melbourne, KY
$ 129,900
ROI
37.7ROI percentage
Cash Flow/m
Dollar sign649
  • - Bed
  • - Bath
  • - sft
LOT 5 Uhl Rd, Melbourne, KY, 41059
Property at 6061 Black Rd, Melbourne, KY
$ 269,000
ROI
29.7ROI percentage
Cash Flow/m
Dollar sign744
  • 2 Bed
  • 2 Bath
  • 1514 sft
6061 Black Rd, Melbourne, KY, 41059

Why Invest in Melbourne, Kentucky?

Investing in Melbourne, KY under 300k offers a balanced entry into a stable real estate market with steady appreciation. The area boasts a cap rate near 6%, supported by a rental yield of approximately 7% which is attractive for income-focused investors. Average cash flow remains positive due to moderate average rents around $950 per month and a healthy renter-occupied rate near 40%. The region is showing consistent employment growth and managed housing supply, making it a promising spot for investors seeking affordable properties.

7.2%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$180/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Melbourne, KY for properties under 300k is approximately 7%, offering solid income potential for investors.

Find Your Perfect Investment Property in Melbourne, Kentucky

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Melbourne, KY
Fix and Flip Properties in Melbourne, KY
Short-Term Rental Properties in Melbourne, KY
AI