Under $500K Investment Properties for Sale in Tonganoxie, KS
249- 3 Bed
- 2 Bath
- 1425 sft
301- 3 Bed
- 2 Bath
- 1248 sft
422- 3 Bed
- 2 Bath
- 1051 sft
284- 3 Bed
- 2 Bath
- 1627 sft
Why Invest in Tonganoxie, Kansas?
Investing in Tonganoxie, KS with properties under $500k offers unique opportunities for real estate investors looking for affordable entry points. The city boasts an average ROI of 7.2%, coupled with a solid rental yield of 6.5%, making it attractive for rental investments. Cap rates average around 6%, with average cash flow of $350 per unit monthly. The average rent in Tonganoxie is approximately $950, with steady property appreciation near 3% annually. Renter occupancy rates remain strong at 68%, emphasizing stable demand in this market segment.
Frequently Asked Questions
The average rental yield for properties under $500k in Tonganoxie is approximately 6.5%, making it a solid option for rental investors.
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