Under $300K Investment Properties for Sale in Richmond, KY
159- 3 Bed
- 2 Bath
- 1288 sft
558- 3 Bed
- 2 Bath
- 1340 sft
466- 3 Bed
- 2 Bath
- 1501 sft
362- 3 Bed
- 2 Bath
- 1200 sft
Why Invest in Richmond, Kentucky?
Discover investment opportunities in Richmond, KY properties under $300k, where median home values hover around $285k with steady appreciation. Rental yields average 7-8% in this growing market, supported by strong local demand and low vacancy rates. Cap rates of 6-7% make these affordable single-family homes attractive for cash-flowing rentals. The area's stable job market and university presence drive consistent renter demand. With homes selling near list price in under 60 days, under-$300k investments offer reliable entry points for passive income.
Frequently Asked Questions
Investors see average cash flow of $450/month with 7-8% rental yields on under-$300k properties. Cap rates around 6.5% reflect strong demand from students and professionals. Appreciation of 5% annually adds to total returns.
Find Your Perfect Investment Property in Richmond, Kentucky
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