Under $200K Investment Properties for Sale in Thelma, KY
228- 3 Bed
- 1 Bath
- 1400 sft
595- 3 Bed
- 2 Bath
- 1316 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 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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