Under $500K Investment Properties for Sale in Smilax, KY
459- 4 Bed
- 3 Bath
- 2880 sft
485- 4 Bed
- 2 Bath
- 1800 sft
170- 2 Bed
- 1 Bath
- 928 sft
172- 2 Bed
- 1 Bath
- 912 sft
144- 3 Bed
- 2 Bath
- 960 sft
146- 3 Bed
- 2 Bath
- 1540 sft
-- 1 Bed
- 1 Bath
- 384 sft
-- 2 Bed
- 1 Bath
- 1100 sft
159- 3 Bed
- 1 Bath
- 1050 sft
164- 2 Bed
- 1 Bath
- - sft
8- 1 Bed
- 1 Bath
- 615 sft
161- 3 Bed
- 2 Bath
- 1675 sft
191- 3 Bed
- 1 Bath
- 925 sft
-- - Bed
- - Bath
- - sft
178- 2 Bed
- 1 Bath
- 960 sft
179- 2 Bed
- 1 Bath
- 728 sft
-- 5 Bed
- 1 Bath
- 1376 sft
163- 3 Bed
- 2 Bath
- 1448 sft
147- 3 Bed
- 1 Bath
- 1232 sft
-- 3 Bed
- 1 Bath
- 2253 sft
-- 3 Bed
- 1 Bath
- 1071 sft
148- 3 Bed
- 2 Bath
- 1443 sft
178- 2 Bed
- 1 Bath
- 1376 sft
172- 2 Bed
- 1 Bath
- 1444 sft
257- 2 Bed
- 1 Bath
- 720 sft
191- 3 Bed
- 1 Bath
- 1008 sft
Why Invest in Smilax, Kentucky?
Investing in Kentucky real estate under $500k offers a unique opportunity to capitalize on affordable properties with solid cash flow potential. Kentucky's market features an average rental yield of 7.2% and cap rates hovering around 6%, making it attractive for income-focused investors. The average ROI of 8% reflects steady appreciation combined with rental income. Kentucky's renter-occupied rate of 65% supports a stable tenant base, while average rents remain accessible at $850 per month. With sustained regional economic growth and improving labor markets, Kentucky presents compelling investment prospects under this price point.
Frequently Asked Questions
Properties under $500k in Kentucky typically yield an average ROI of about 8%, combining rental income and property appreciation.
Find Your Perfect Investment Property in Smilax, Kentucky
Explore investment opportunities by strategy, performance, or property type
