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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Wamego, KS
Motivated Seller
$ 169,000
ROI
21.5
Cash Flow/m
83- 3 Bed
- 2 Bath
- 1909 sft
613 Ash St, Wamego, KS, 66547
$ 135,000
ROI
24.6Cash Flow/m
183- 3 Bed
- 1 Bath
- 917 sft
309 Spruce St, Wamego, KS, 66547
$ 150,000
ROI
25.6Cash Flow/m
245- 4 Bed
- 2 Bath
- - sft
1008 Pine St, Wamego, KS, 66547
$ 150,400
ROI
34.4Cash Flow/m
611- 3 Bed
- 1 Bath
- 976 sft
15874 Snodgrass Rd, Wamego, KS, 66547
Why Invest in Wamego, Kansas?
Investing in Wamego, KS properties under $200k is an excellent opportunity to tap into a growing Midwest market with stable rental demand. This area offers an average cap rate of 7.1% and a rental yield of 6.5%, highlighting strong income potential. The average ROI for these investments stands at 8%, complemented by average cash flow of $250 monthly. With a renter-occupied rate near 40%, the local rental market sustains reliable occupancy, making Wamego an investor-friendly city in Kansas.
8%
Avg. ROI
6.5%
Rental Yield
7.1%
Cap Rate
$250/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $200k in Wamego is approximately 6.5%, indicating solid income potential for investors.
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