Under $500K Investment Properties for Sale in Parsons, KS
$ 179,900
ROI
24.4
Cash Flow/m
233- 5 Bed
- 2 Bath
- - sft
1609 Morgan Ave, Parsons, KS, 67357
Fix & Flip
$ 118,000
ROI
25.1Cash Flow/m
175- - Bed
- 3 Bath
- - sft
1415-1411 Belmont Ave, Parsons, KS, 67357
$ 199,000
ROI
21.9Cash Flow/m
116- 3 Bed
- 2 Bath
- 1436 sft
1315 Partridge Ave, Parsons, KS, 67357
Fix & Flip
$ 118,000
ROI
25.1Cash Flow/m
175- - Bed
- 3 Bath
- - sft
1415-1411 Belmont Ave, Parsons, KS, 67357
Why Invest in Parsons, Kansas?
Investing in Parsons, KS under $500k offers a prime opportunity to capitalize on affordable real estate with solid rental yields and steady appreciation. This market shows an average ROI of 7.5% and a cap rate of 6.2%, making it attractive for income-focused investors. Rental demand remains robust with an average rent of $850 and a renter occupancy rate near 60%. Moderate appreciation at 3.1% annually complements strong cash flow potential in this stable Kansas city.
7.5%
Avg. ROI
8.1%
Rental Yield
6.2%
Cap Rate
$425/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Properties under $500k typically include single-family homes and small multi-family units, ideal for rental investment with consistent demand.
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