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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Nicholasville, KY
Fix & Flip
$ 324,900
ROI
24.0
Cash Flow/m
387- 3 Bed
- 2 Bath
- 1796 sft
102 Windsor Way, Nicholasville, KY, 40356
$ 139,000
ROI
29.6Cash Flow/m
379- 2 Bed
- 2 Bath
- 900 sft
305 Lake St APT 18, Nicholasville, KY, 40356
$ 129,900
ROI
22.2Cash Flow/m
88- 2 Bed
- 2 Bath
- 850 sft
305 Lake St, Nicholasville, KY, 40356
$ 129,900
ROI
23.8Cash Flow/m
147- 2 Bed
- 2 Bath
- 850 sft
305 Lake St APT 3, Nicholasville, KY, 40356
Why Invest in Nicholasville, Kentucky?
Nicholasville, KY offers strong potential for condo investors seeking stable rental income in a growing suburb of Lexington. With proximity to major employers and steady population growth, condos here deliver reliable cash flow. Average rents support cap rates around 6-7%, bolstered by low vacancy and modest appreciation. Renter occupancy exceeds 35%, driven by workforce demand. Infrastructure improvements enhance long-term value for multifamily investments.
8.2%
Avg. ROI
6.5%
Rental Yield
6.8%
Cap Rate
$420/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6.5% with stable appreciation. Low vacancy and job growth from Lexington metros support cash flow. Proximity to employers enhances tenant retention.
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