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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Salt Lick, KY
Listed for sale 2 days ago
$ 239,000
ROI
29.0
Cash Flow/m
614- 3 Bed
- 2 Bath
- 1712 sft
263 Old River Rd, Salt Lick, KY, 40371
Listed for sale 4 days ago
$ 310,000
ROI
23.1Cash Flow/m
286- 3 Bed
- 2 Bath
- - sft
300 Carrington Dr, Salt Lick, KY, 40371
$ 199,500
ROI
25.1Cash Flow/m
298- 3 Bed
- 2 Bath
- 1232 sft
2773 Mudlick Rd, Salt Lick, KY, 40371
$ 269,900
ROI
22.9Cash Flow/m
239- 3 Bed
- 2 Bath
- 1550 sft
509 Old Midland Trl, Salt Lick, KY, 40371
Why Invest in Salt Lick, Kentucky?
Investing in Salt Lick, KY offers unique opportunities for real estate investors looking at small-town charm with steady rental demand. The area shows a stable average ROI around 7%, notable rental yields near 6%, and cap rates averaging 6.5%. Investors targeting properties here can expect average cash flow of approximately $450 per month, supported by modest property appreciation rates near 3%. Renter occupancy remains relatively high at 68%, making Salt Lick a viable market for steady income.
7%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Salt Lick is about 6%, making it a reasonable option for investors looking for steady returns.
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