Under $200K Investment Properties for Sale in Richmond, KS
192- 1 Bed
- 2 Bath
- 2200 sft
181- 2 Bed
- 1 Bath
- 768 sft
6- 3 Bed
- 3 Bath
- 2054 sft
98- 4 Bed
- 2 Bath
- 2400 sft
132- 4 Bed
- 2 Bath
- 1296 sft
133- 3 Bed
- 1 Bath
- 862 sft
127- 4 Bed
- 3 Bath
- 2085 sft
235- 2 Bed
- 1 Bath
- 2405 sft
136- 1 Bed
- 1 Bath
- 432 sft
-- 3 Bed
- 2 Bath
- 1320 sft
128- 3 Bed
- 1 Bath
- 960 sft
101- 4 Bed
- 2 Bath
- 1920 sft
97- 4 Bed
- 1 Bath
- 2208 sft
-- 3 Bed
- 1 Bath
- 1140 sft
-- 3 Bed
- 2 Bath
- 2029 sft
92- - Bed
- - Bath
- 1296 sft
93- 3 Bed
- 2 Bath
- 1348 sft
295- 4 Bed
- 1 Bath
- 1817 sft
235- 4 Bed
- 3 Bath
- 1974 sft
313- 3 Bed
- 1 Bath
- 960 sft
105- 3 Bed
- 2 Bath
- 1348 sft
120- 3 Bed
- 2 Bath
- 1365 sft
129- 3 Bed
- 2 Bath
- 1841 sft
-- 3 Bed
- 1 Bath
- 890 sft
136- 3 Bed
- 1 Bath
- 988 sft
98- 4 Bed
- 5 Bath
- 3644 sft
123- 3 Bed
- 2 Bath
- 1680 sft
Why Invest in Richmond, Kansas?
Investing in Richmond, KS under $200k properties offers a unique opportunity in an affordable market with stable rental demand. The average ROI for these investments hovers around 7%, supported by a rental yield near 9%. The cap rate is competitive at about 6%, reflecting favorable cash flow dynamics for investors. Appreciation rates are moderate at 3%, ensuring gradual value growth in this growing city. Richmond’s robust renter-occupied rate of 46% indicates steady tenant presence, making it an attractive choice for income-focused real estate investment.
Frequently Asked Questions
Richmond offers affordable properties with solid rental yields and moderate appreciation potential. Its stable rental market and steady economic conditions make it ideal for budget-conscious investors.
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