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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Richmond, KY

$ 220,000
ROI
23.5
Cash Flow/m
232- 3 Bed
- 2 Bath
- 1600 sft
3008 Bodie Ct, Richmond, KY, 40475

$ 340,000
ROI
24.0
Cash Flow/m
404- 3 Bed
- 2 Bath
- 2169 sft
105 S Ct, Richmond, KY, 40475

$ 220,000
ROI
29.7
Cash Flow/m
610- 3 Bed
- 2 Bath
- 1600 sft
3006 Bodie Ct, Richmond, KY, 40475

$ 175,000
ROI
30.7
Cash Flow/m
531- 3 Bed
- 2 Bath
- 1386 sft
310 S Keeneland Dr #B, Richmond, KY, 40475
Why Invest in Richmond, Kentucky?
Townhouses in Richmond, KY offer strong investment potential with stable growth and competitive rental demand. Average rents hover around $1,400 monthly, supporting solid cash flows for investors. Cap rates of 6-7% and 4-5% annual appreciation make them attractive amid Kentucky's balanced housing market. Renter occupancy exceeds 40%, driven by local universities and job growth. Limited supply keeps values steady, ideal for long-term holds.
8.5%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer 6-7% cap rates and steady 4% appreciation in a stable market. High renter demand from students and workers ensures reliable cash flow. Growth aligns with Kentucky's balanced housing trends.
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