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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Springfield, KY
Listed for sale 7 days ago
$ 299,900
ROI
21.8
Cash Flow/m
168- 3 Bed
- 2 Bath
- 2475 sft
107 Covington St, Springfield, KY, 40069
Listed for sale 7 days ago
$ 299,900
ROI
21.3Cash Flow/m
130- 3 Bed
- 2 Bath
- 2475 sft
107 Covington Ave, Springfield, KY, 40069
$ 160,000
ROI
26.6Cash Flow/m
306- 3 Bed
- 2 Bath
- - sft
214 E Virginia Ave, Springfield, KY, 40069
$ 335,000
ROI
21.9Cash Flow/m
203- 2 Bed
- 2 Bath
- 1696 sft
720 Burg Hill Rd, Springfield, KY, 40069
Why Invest in Springfield, Kentucky?
Springfield, KY offers promising real estate investment opportunities with a stable rental market and consistent appreciation. Investors can expect average ROI around 7% supported by rental yields near 7%. The local cap rate averages 6.2%, indicating healthy profitability for rental properties. The growing renter occupancy rate above 48% combined with reasonable average cash flow makes Springfield attractive for long-term investment.
7%
Avg. ROI
7%
Rental Yield
6.2%
Cap Rate
$600/mo
Avg. Cash Flow
$860/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Springfield, KY is approximately 7%, making it a viable market for rental property investments.
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