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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Richmond, KY
Listed for sale 1 day ago
$ 308,000
ROI
24.4
Cash Flow/m
399- 3 Bed
- 2 Bath
- 1488 sft
604 Fairfax Ln, Richmond, KY, 40475
Listed for sale 1 day ago
$ 359,000
ROI
20.2Cash Flow/m
46- 3 Bed
- 2 Bath
- 2784 sft
113 Longview Dr, Richmond, KY, 40475
Listed for sale 1 day ago
$ 389,000
ROI
21.9Cash Flow/m
233- 4 Bed
- 4 Bath
- 3195 sft
307 General Smith Dr, Richmond, KY, 40475
Listed for sale 1 day ago
$ 315,000
ROI
25.1Cash Flow/m
468- 5 Bed
- 2 Bath
- 1766 sft
289 Turner Rdg, Richmond, KY, 40475
Why Invest in Richmond, Kentucky?
Richmond, KY is a promising market for investors interested in multi-family properties. With an average rental yield of 8%, it presents excellent cash flow opportunities. The city's robust rental demand is reflected in a low vacancy rate of just 4%, making it an attractive option for property investors.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Richmond, KY is around $1,200 per month, making it accessible for many renters. This affordability contributes to a high rental demand in the area.
Find Your Perfect Investment Property in Richmond, Kentucky
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