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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Parkway Village, KY
$ 338,000
ROI
24.3
Cash Flow/m
423- 4 Bed
- 2 Bath
- 1746 sft
837 Parkway Dr, Parkway Village, KY, 40217
$ 325,000
ROI
22.9Cash Flow/m
279- 3 Bed
- 2 Bath
- 1771 sft
857 Melford Ave, Parkway Village, KY, 40217
$ 200,000
ROI
24.7Cash Flow/m
277- 1 Bed
- 1 Bath
- 693 sft
2506 Alexander Ave, Parkway Village, KY, 40217
$ 354,900
ROI
23.6Cash Flow/m
376- 3 Bed
- 2 Bath
- 2442 sft
849 Melford Ave, Parkway Village, KY, 40217
Why Invest in Parkway Village, Kentucky?
Investing in Parkway Village, KY with a budget under $500k offers strong rental yields and steady appreciation driven by its proximity to Louisville. The area benefits from a cap rate averaging around 7%, complemented by an average cash flow of approximately $1,200 per month. Rental demand remains solid with over 65% renter-occupied homes, appealing to investors seeking stable income and long-term growth within Kentucky's evolving real estate market.
8.2%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Parkway Village primarily include single-family homes and smaller multifamily units. These homes are attractive for investors seeking steady rental income and reasonable appreciation potential.
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