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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Salt Lick, KY
$ 225,000
ROI
22.0
Cash Flow/m
141- 3 Bed
- 2 Bath
- 1540 sft
93 Wright Rd, Salt Lick, KY, 40371
$ 162,500
ROI
24.7Cash Flow/m
225- 3 Bed
- 2 Bath
- 1280 sft
111 Julie Ln, Salt Lick, KY, 40371
$ 134,000
ROI
43.6Cash Flow/m
890- 3 Bed
- 1 Bath
- 1144 sft
27 Bait Shop Rd, Salt Lick, KY, 40371
$ 243,000
ROI
22.3Cash Flow/m
170- 3 Bed
- 2 Bath
- 1125 sft
916 Vance Rd, Salt Lick, KY, 40371
Why Invest in Salt Lick, Kentucky?
Investing in high-rental-yield properties in Salt Lick, KY offers attractive returns with an average ROI of over 8%. The local rental market supports a rental yield of approximately 7%, providing steady cash flow for investors. With a cap rate near 6%, investors can benefit from moderate appreciation as the area's economy grows. Salt Lick's rental base remains strong with renter-occupied units making up 45% of the housing stock.
8.2%
Avg. ROI
7%
Rental Yield
6.1%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Salt Lick is approximately 7%, making it a strong market for real estate investors seeking steady income.
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