Investment Properties for Sale in Wamego, KS
$ 169,900
ROI
24.7
Cash Flow/m
235- 2 Bed
- 1 Bath
- 1072 sft
200 Spruce St, Wamego, KS, 66547
$ 145,000
ROI
20.4Cash Flow/m
25- 4 Bed
- 2 Bath
- 2652 sft
601 Spruce St, Wamego, KS, 66547
$ 550,000
ROI
23.5Cash Flow/m
518- 6 Bed
- 4 Bath
- 3500 sft
2810 Cedarsprings Ln, Wamego, KS, 66547
$ 495,000
ROI
20.2Cash Flow/m
60- 3 Bed
- 3 Bath
- 2700 sft
13210 Woodland Dr, Wamego, KS, 66547
Why Invest in Wamego, Kansas?
Investing in Wamego, KS presents unique opportunities for real estate enthusiasts. The local market shows solid cap rates around 7%, with average rental yields close to 8%. Wamego’s affordability offers promising average cash flows near $500 monthly, making it appealing for investors seeking stable returns. Increasing renter occupation rates and steady appreciation near 3% annually enhance its investment potential. This city is ideal for those targeting growth in midwestern markets.
8%
Avg. ROI
7.5%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Wamego, KS is approximately 7.5%, making it attractive for rental property investors seeking steady income.
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