Fix and Flip Properties in Richmond, KY | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Fix And Flip Investment Properties for Sale in Richmond, KY

Property at 1303 E Main St, Richmond, KY
Fix & Flip
$ 104,500
ROI
33.0ROI percentage
Cash Flow/m
Dollar sign384
  • 2 Bed
  • 1 Bath
  • 784 sft
1303 E Main St, Richmond, KY, 40475
Property at 427 Elm St, Richmond, KY
Fix & Flip
$ 109,900
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign208
  • 2 Bed
  • 1 Bath
  • 901 sft
427 Elm St, Richmond, KY, 40475
Property at 221 View Point Dr, Richmond, KY
Fix & Flip
$ 375,000
ROI
27.6ROI percentage
Cash Flow/m
Dollar sign823
  • 4 Bed
  • 3 Bath
  • 2668 sft
221 View Point Dr, Richmond, KY, 40475
Property at 6025 Winning Colors Ct, Richmond, KY
Fix & Flip
$ 390,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign776
  • 4 Bed
  • 4 Bath
  • 2948 sft
6025 Winning Colors Ct, Richmond, KY, 40475

Why Invest in Richmond, Kentucky?

Richmond, KY offers strong potential for **fix-and-flip** investors targeting undervalued properties in a balanced market. Moderate home appreciation around 4% annually supports profitable flips after renovations. Competitive dynamics with homes selling near list price keep demand steady. Rental yields near 7% provide fallback options for longer holds. Local stability and job growth enhance resale appeal without extreme volatility.

18%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4.2%
1Y Appreciation

Frequently Asked Questions

Yes, with 4% appreciation and homes selling near list price after 50 days on market. Balanced inventory favors renovated properties in competitive segments. Focus on areas near EKU for quickest flips.

Find Your Perfect Investment Property in Richmond, Kentucky

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