Under $300K Investment Properties for Sale in Morehead, KY
Listed for sale 2 days 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 3 days ago
$ 115,000
ROI
25.1Cash Flow/m
172- 3 Bed
- 2 Bath
- 980 sft
275 Ridgeway Dr, Morehead, KY, 40351
Motivated Seller
Listed for sale 4 days ago
$ 252,900
ROI
22.7Cash Flow/m
204- 3 Bed
- 2 Bath
- 2324 sft
485 N Wilson Ave, Morehead, KY, 40351
$ 173,500
ROI
25.2Cash Flow/m
263- 3 Bed
- 2 Bath
- 1680 sft
180 Pacific Ave, Morehead, KY, 40351
Why Invest in Morehead, Kentucky?
Investing in Morehead, KY under $300k offers a unique opportunity to leverage affordable housing with solid rental yields. This area showcases an average ROI of 7.2% and a rental yield near 8%, supported by steady renter occupancy rates at 65%. Cap rates hover around 6.5%, indicative of healthy cash flow potential. The average rent is approximately $850 monthly, with appreciation trends of around 3% annually, making it an attractive market for value-focused investors.
7.2%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Morehead offers affordable properties with strong rental demand driven by local universities and healthcare. Moderate appreciation and healthy rental yields support positive cash flow for investors.
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