Under $500K Investment Properties for Sale in Simpsonville, KY
$ 335,000
ROI
28.2
Cash Flow/m
784- 3 Bed
- 2 Bath
- 1788 sft
108 1st St, Simpsonville, KY, 40067
$ 405,000
ROI
25.0Cash Flow/m
588- 4 Bed
- 3 Bath
- 2416 sft
140 Lincoln Station Dr, Simpsonville, KY, 40067
$ 209,900
ROI
24.8Cash Flow/m
293- 2 Bed
- 2 Bath
- 1234 sft
836 Garden Pointe Dr, Simpsonville, KY, 40067
$ 220,000
ROI
22.5Cash Flow/m
170- 2 Bed
- 2 Bath
- 1165 sft
828 Garden Pointe Dr, Simpsonville, KY, 40067
Why Invest in Simpsonville, Kentucky?
Simpsonville, KY offers attractive real estate investment opportunities under $500k, ideal for investors seeking affordable properties with steady returns. The area boasts an average ROI of 7%, rental yields around 6.5%, and cap rates near 5%, making it a favorable market for cash flow and appreciation. The average rent is approximately $1,200, with renter-occupied properties comprising 55% of the market. Investors benefit from a stable local economy, increasing demand driven by population growth, and proximity to Louisville.
7%
Avg. ROI
6.5%
Rental Yield
5%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The market primarily offers single-family homes and small multifamily units under $500k, suitable for rental investments or starter homes.
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