Under $500K Investment Properties for Sale in Providence, KY
Listed for sale 6 days ago
$ 160,000
ROI
25.2
Cash Flow/m
242- 3 Bed
- 2 Bath
- 1356 sft
515 Union St, Providence, KY, 42450
$ 150,000
ROI
25.5Cash Flow/m
241- 3 Bed
- 1 Bath
- 1200 sft
512 Us Hwy 41-a South, providence, KY, 42450
$ 204,900
ROI
25.3Cash Flow/m
318- 3 Bed
- 2 Bath
- 1647 sft
317 Country Meadows Dr, PROVIDENCE, KY, 42450
$ 165,000
ROI
26.0Cash Flow/m
287- 3 Bed
- 2 Bath
- 2114 sft
402 Cedar St, Providence, KY, 42450
Why Invest in Providence, Kentucky?
Investing in Providence, KY properties under $500k presents a unique opportunity for steady returns in a growing Kentucky locale. The average ROI in this market hovers around 7%, supported by a solid rental yield near 6%. Cap rates remain attractive at approximately 8%, reflecting strong demand for affordable housing. Average cash flow for investors is positive, with rental incomes typically around $900 monthly. Appreciation rates have been moderate, near 3%, making it a balanced market for real estate investment.
7%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average monthly rental income for properties under $500k in Providence is around $900, offering investors a solid rental yield.
Find Your Perfect Investment Property in Providence, Kentucky
Explore investment opportunities by strategy, performance, or property type
