Under $200K Investment Properties for Sale in Morehead, KY
Listed for sale 1 day ago
$ 198,000
ROI
29.8
Cash Flow/m
554- 3 Bed
- 1 Bath
- 1008 sft
216 Maher Dr, Morehead, KY, 40351
Airbnb Potential
Listed for sale 2 days ago
$ 115,000
ROI
25.1Cash Flow/m
172- 3 Bed
- 2 Bath
- 980 sft
275 Ridgeway Dr, Morehead, KY, 40351
$ 173,500
ROI
25.2Cash Flow/m
263- 3 Bed
- 2 Bath
- 1680 sft
180 Pacific Ave, Morehead, KY, 40351
Fix & Flip
$ 178,000
ROI
25.8Cash Flow/m
301- 3 Bed
- 2 Bath
- 1092 sft
26 Cotter Way, Morehead, KY, 40351
Why Invest in Morehead, Kentucky?
Investing in Morehead, KY properties under $200k offers a unique chance to tap into a growing rental market. With an average ROI of 8.2% and rental yields around 7%, these affordable investments yield steady cash flow averaging $350 monthly. The city's cap rate of 6.5% reflects healthy profitability, while property appreciation remains steady at 3.2% annually. Morehead's renter occupancy rate is high at 65%, driven by local universities and a diverse economy.
8.2%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $200k in Morehead is approximately 7%, making it an attractive option for investors seeking steady income.
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