Under $500K Investment Properties for Sale in Milan, KS


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 Milan, Kansas?
Exploring real estate investment opportunities under $500k in Milan, KS, presents a promising pathway for steady returns. This budget-friendly segment in Milan offers an average ROI of 7%, supported by a rental yield of approximately 6.5%. Investors can benefit from a cap rate near 6%, indicating a healthy balance between income and property value. Average cash flow remains positive, complemented by median rents around $850 per month. The appreciating market and a renter-occupied rate of 60% offer a reliable environment for portfolio growth.
Frequently Asked Questions
Properties under $500k in Milan typically include single-family homes and small multifamily units suitable for investment. These offer solid rental income potential while remaining affordable for investors starting out.
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