Under $300K Investment Properties for Sale in Wallace, KS
55- 3 Bed
- 1 Bath
- 1323 sft
295- 2 Bed
- 1 Bath
- 859 sft
92- 4 Bed
- 2 Bath
- 1536 sft
289- 2 Bed
- - Bath
- 4500 sft
- 1 Bed
- 1 Bath
- 600 sft
130- 2 Bed
- 1 Bath
- 1056 sft
96- 3 Bed
- 1 Bath
- 992 sft
-- 3 Bed
- 1 Bath
- 1056 sft
284- 2 Bed
- 2 Bath
- 1304 sft
138- 2 Bed
- 1 Bath
- 1033 sft
116- 3 Bed
- 1 Bath
- 1800 sft
118- 3 Bed
- 2 Bath
- 1232 sft
138- 2 Bed
- 1 Bath
- 1036 sft
-- 3 Bed
- 2 Bath
- 1076 sft
102- 3 Bed
- 2 Bath
- 1452 sft
131- 2 Bed
- 1 Bath
- 900 sft
133- 4 Bed
- 2 Bath
- 1577 sft
106- 2 Bed
- 1 Bath
- 690 sft
113- 2 Bed
- 1 Bath
- 836 sft
325- - Bed
- 4 Bath
- 4488 sft
-- 2 Bed
- 1 Bath
- 1181 sft
-- 3 Bed
- 1 Bath
- 1282 sft
98- 3 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 1539 sft
Why Invest in Wallace, Kansas?
Investing in Wallace, KS properties under $300k offers affordable entry into a growing market. This segment shows an average ROI of 7.5% with a rental yield near 6%, highlighting potential steady income. Cap rates hover around 8%, indicating solid cash flow. Wallace benefits from increasing appreciation rates of about 3% annually, driven by steady renter occupancy of 65%. These metrics make Wallace under $300k an appealing choice for cautious yet profitable real estate investing.
Frequently Asked Questions
The average ROI for properties under $300k in Wallace is approximately 7.5%, supported by a healthy cap rate and rental yield. This makes it an attractive option for investors seeking steady income.
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