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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
Fix & Flip
$ 249,900
ROI
23.2
Cash Flow/m
241- 3 Bed
- 2 Bath
- 2593 sft
750 Moran Mill Rd, Richmond, KY, 40475
Fix & Flip
$ 190,000
ROI
26.3Cash Flow/m
348- 3 Bed
- 2 Bath
- 1292 sft
213 Irvine View St, Richmond, KY, 40475
Fix & Flip
$ 175,000
ROI
31.1Cash Flow/m
551- 3 Bed
- 2 Bath
- 1402 sft
111 N Porter Dr, Richmond, KY, 40475
Fix & Flip
$ 169,900
ROI
26.0Cash Flow/m
295- 3 Bed
- 2 Bath
- 1256 sft
460 Elliston Rd, 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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