Under $300K Investment Properties for Sale in Owensboro, KY
277- 3 Bed
- 1 Bath
- 864 sft
523- 3 Bed
- 1 Bath
- 1222 sft
509- 4 Bed
- 2 Bath
- 2018 sft
613- 3 Bed
- 2 Bath
- 1835 sft
Why Invest in Owensboro, Kentucky?
Owensboro, KY offers strong investment opportunities in homes under $300k, with median prices around $200k providing excellent entry points. The market shows steady appreciation of 3-7% annually and robust rental demand from healthcare and manufacturing workers. Cap rates remain attractive at 7-9% while cash flow potential supports long-term holds. Downtown revitalization and riverfront developments drive population inflow and property value growth. Lower competition compared to Louisville or Lexington enhances negotiating power for investors. Renter occupancy exceeds 35%, ensuring reliable income streams.
Frequently Asked Questions
Yes, with median prices around $200k, properties under $300k offer strong cash flow and appreciation potential. Rental demand from healthcare and manufacturing supports yields above 7%. Lower entry costs reduce risk compared to larger Kentucky markets.
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