Under $500K Investment Properties for Sale in New Concord, KY
Airbnb Potential
$ 129,000
ROI
25.4
Cash Flow/m
203- 2 Bed
- 2 Bath
- 1029 sft
765 Pittman Dr, New Concord, KY, 42076
$ 189,000
ROI
26.3Cash Flow/m
343- 2 Bed
- 1 Bath
- - sft
2622 Cypress Trl, New Concord, KY, 42076
Rental Income
$ 199,900
ROI
24.7Cash Flow/m
276- 3 Bed
- 3 Bath
- 1640 sft
10362 State Highway 121 S, New Concord, KY, 42076
$ 110,000
ROI
25.5Cash Flow/m
175- - Bed
- - Bath
- - sft
0 Alexander Dr, New Concord, KY, 42076
Why Invest in New Concord, Kentucky?
Investing in New Concord, KY under $500k presents a unique opportunity to access affordable properties with solid return potential. The local rental market shows an average rental yield of 7.5%, cap rates near 6%, and steady appreciation around 3% annually. Investors can benefit from average cash flows of $650 per property and a renter-occupied rate of 60%, highlighting a balanced demand. These metrics are supported by stable economic growth and increasing housing demand in the broader Kentucky region.
8.2%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$650/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $500k in New Concord is approximately 8.2%, supported by solid rental yields and steady appreciation.
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