High Yield Properties in Richmond, KY (8%+ Yield) | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

High Rental Yield Investment Properties for Sale in Richmond, KY

Why Invest in Richmond, Kentucky?

Richmond, KY stands out for high rental yield investments, driven by Eastern Kentucky University's steady student demand and affordable property prices. Median home values around $290k pair with average rents of $950–$1,150, creating strong cash-on-cash returns. High occupancy rates and predictable seasonal leasing minimize vacancy risks. Investor-friendly price-to-rent ratios support positive cash flow from day one. Long-term appreciation potential adds to the appeal in this college town market.

9.5%
Avg. ROI
7.8%
Rental Yield
6.2%
Cap Rate
$285/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
2.9%
1Y Appreciation

Frequently Asked Questions

Eastern Kentucky University generates consistent student demand with high occupancy. Affordable home prices around $290k and rents averaging $1,050 create favorable yield ratios. Predictable seasonal leasing minimizes vacancies for investors.

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