Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Prospect, KY
Listed for sale 1 day ago
$ 365,000
ROI
20.6
Cash Flow/m
90- 2 Bed
- 2 Bath
- 1587 sft
5620 Harrods Run Rd, Prospect, KY, 40059
Listed for sale 2 days ago
$ 199,900
ROI
25.1Cash Flow/m
296- 2 Bed
- 2 Bath
- 975 sft
7908 Grenoble Ln #A, Prospect, KY, 40059
Listed for sale 2 days ago
$ 315,000
ROI
23.7Cash Flow/m
346- 2 Bed
- 4 Bath
- 2269 sft
4001 Harrods Landing Dr, Prospect, KY, 40059
Listed for sale 3 days ago
$ 450,000
ROI
20.9Cash Flow/m
138- 3 Bed
- 3 Bath
- 2669 sft
7922 Grenoble Ln, Prospect, KY, 40059
Why Invest in Prospect, Kentucky?
Investing in condos in Prospect, KY offers unique opportunities within this affluent Louisville suburb. This market benefits from a steady rental yield around 6%, a moderate cap rate nearing 5%, and average cash flows appealing to investors. Appreciation rates of approximately 3% annually and an average ROI near 8% enhance long-term value. The renter-occupied rate is healthy, reflecting balanced demand for residential units.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Prospect is approximately 6%, reflecting a stable rental market suitable for investors.
Find Your Perfect Investment Property in Prospect, Kentucky
Explore investment opportunities by strategy, performance, or property type
