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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
$ 245,000
ROI
27.4
Cash Flow/m
522- 4 Bed
- 2 Bath
- 1500 sft
209 Boggs Ln, Richmond, KY, 40475
Listed for sale 2 days ago
$ 250,000
ROI
29.6Cash Flow/m
683- 4 Bed
- 2 Bath
- 2074 sft
515 Lee Ct, Richmond, KY, 40475
Fix & Flip
Listed for sale 2 days ago
$ 390,000
ROI
26.9Cash Flow/m
776- 4 Bed
- 4 Bath
- 2948 sft
6025 Winning Colors Ct, Richmond, KY, 40475
Listed for sale 3 days ago
$ 320,000
ROI
19.9Cash Flow/m
12- 3 Bed
- 2 Bath
- 1443 sft
5021 Bentwood Ct, 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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