Under $300K Investment Properties for Sale in Pikeville, KY
645- 3 Bed
- 2 Bath
- 2136 sft
599- 3 Bed
- 2 Bath
- - sft
169- 3 Bed
- 2 Bath
- 1150 sft
224- 3 Bed
- 2 Bath
- 1567 sft
Why Invest in Pikeville, Kentucky?
Investing in Pikeville, KY properties under $300,000 presents a unique opportunity for real estate investors seeking affordable entry points in a growing market. This price range appeals to a broad spectrum of renters and offers solid average rental yields around 8%, with cap rates typically near 6%. Average cash flows remain positive, supported by the steady appreciation rate of approximately 2.5% annually. The local renter-occupied rate stands at about 65%, highlighting strong tenant demand backed by stable economic factors.
Frequently Asked Questions
Properties under $300,000 in Pikeville primarily include single-family homes and smaller multi-family units. These options are ideal for investors looking for affordable entry points with solid rental potential.
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