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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Millwood, KY
$ 139,000
ROI
25.9
Cash Flow/m
237- 2 Bed
- 1 Bath
- 1232 sft
88 Kefauver Rd, Millwood, KY, 42762
$ 137,000
ROI
25.8Cash Flow/m
231- 2 Bed
- 1 Bath
- 704 sft
843 Watershed Rd, Millwood, KY, 42762
$ 220,000
ROI
24.5Cash Flow/m
288- 3 Bed
- 2 Bath
- 1700 sft
785 Watershed Rd, Millwood, KY, 42762
$ 214,900
ROI
30.9Cash Flow/m
665- 4 Bed
- 2 Bath
- 1400 sft
6415 Beaver Dam Rd, Millwood, KY, 42762
Why Invest in Millwood, Kentucky?
Investing in Millwood, KY properties under $500k presents a solid opportunity to capitalize on Kentucky's steadily growing rental market. The area boasts an average ROI of 7.5%, a rental yield of 6.8%, and a cap rate of 5.9%, making it attractive for income-focused investors. Average cash flow remains positive, supported by steady rental demand and moderate appreciation rates. Millwood’s renter-occupied rate stays near 60%, indicating a balanced mix of renters and owners.
7.5%
Avg. ROI
6.8%
Rental Yield
5.9%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Millwood offers various single-family homes and small multifamily units under $500k, ideal for entry-level investors seeking rental income.
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