Under $300K Investment Properties for Sale in Springfield, KY
$ 214,900
ROI
28.8
Cash Flow/m
540- 3 Bed
- 2 Bath
- 1520 sft
110 W Grundy Ave, Springfield, KY, 40069
$ 169,000
ROI
26.6Cash Flow/m
322- 3 Bed
- 2 Bath
- 1250 sft
177 Conners Rd, Springfield, KY, 40069
$ 189,900
ROI
26.1Cash Flow/m
337- 3 Bed
- 1 Bath
- 1320 sft
219 E Virginia Ave, Springfield, KY, 40069
$ 229,900
ROI
25.8Cash Flow/m
389- 3 Bed
- 2 Bath
- 1176 sft
136 Haydon Ln, Springfield, KY, 40069
Why Invest in Springfield, Kentucky?
Investing in Springfield, KY under $300k offers attractive opportunities for real estate investors seeking affordable entry points. The local market benefits from a steady rental yield around 7%, average rent approximately $750/month, and cap rates near 6%. Appreciation has been moderate at about 2.5% annually, supported by a renter occupancy near 55%. These metrics reflect a balanced market suitable for achieving consistent cash flow from investments under $300k.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$750/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Springfield typically include single-family homes, small multi-family units, and condominiums, providing diverse investment opportunities.
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