Under $200K Investment Properties for Sale in Thelma, KY
204- 3 Bed
- 2 Bath
- 1200 sft
186- 3 Bed
- 1 Bath
- 1400 sft
141- 3 Bed
- 2 Bath
- 1292 sft
153- 2 Bed
- 1 Bath
- 720 sft
143- 3 Bed
- 2 Bath
- 1245 sft
81- 1 Bed
- 1 Bath
- 760 sft
186- 2 Bed
- 1 Bath
- 780 sft
188- 3 Bed
- 2 Bath
- 1188 sft
150- 3 Bed
- 1 Bath
- 1262 sft
143- 4 Bed
- 2 Bath
- 1900 sft
185- 2 Bed
- 1 Bath
- 1296 sft
185- 2 Bed
- 2 Bath
- 784 sft
159- 3 Bed
- 3 Bath
- 3000 sft
-- 3 Bed
- 2 Bath
- 1545 sft
168- - Bed
- - Bath
- - sft
162- 2 Bed
- 1 Bath
- 841 sft
160- 3 Bed
- 2 Bath
- 1754 sft
178- 3 Bed
- 2 Bath
- 2088 sft
187- 3 Bed
- 2 Bath
- 1937 sft
147- 4 Bed
- 2 Bath
- 1368 sft
157- 2 Bed
- 1 Bath
- 1800 sft
145- 2 Bed
- 1 Bath
- 1071 sft
-- 3 Bed
- 1 Bath
- 1000 sft
192- 3 Bed
- 2 Bath
- 1378 sft
170- 4 Bed
- 2 Bath
- 1600 sft
190- 4 Bed
- 2 Bath
- 1612 sft
Why Invest in Thelma, Kentucky?
Investing in Kentucky under $200k offers a unique opportunity to enter a market with steady appreciation and strong rental yields. The state features an average rental yield of 7.5% and a cap rate of about 8%, making it appealing for cash flow-focused investors. With an average rent of $900 and positive average cash flow around $150 per month, properties under $200k are sought-after. Kentucky's real estate market is supported by a renter-occupied rate nearing 40%, highlighting consistent tenant demand. These elements combine to make Kentucky an attractive option for affordable real estate investment.
Frequently Asked Questions
Properties under $200k typically include single-family homes and smaller multi-family units in both urban and suburban areas. These options are ideal for investors seeking affordable entry points with potential rental income.
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