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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Wamego, KS
Listed for sale 3 days ago
$ 285,000
ROI
22.8
Cash Flow/m
244- 4 Bed
- 2 Bath
- 2970 sft
2209 Grandview Dr, Wamego, KS, 66547
$ 169,900
ROI
20.0Cash Flow/m
10- 2 Bed
- 1 Bath
- 1040 sft
405 Poplar St, Wamego, KS, 66547
Motivated Seller
$ 169,000
ROI
21.5Cash Flow/m
83- 3 Bed
- 2 Bath
- 1909 sft
613 Ash St, Wamego, KS, 66547
$ 240,000
ROI
27.9Cash Flow/m
544- 3 Bed
- 3 Bath
- 1581 sft
809 14th St, Wamego, KS, 66547
Why Invest in Wamego, Kansas?
Investing in Wamego, KS properties under $500k offers affordable entry into a stable rental market with solid cap rates around 6%. This market benefits from a balanced renter-occupied rate near 40%, giving investors steady demand. Wamego's average rental yield of 7% and moderate appreciation of 2.5% annually highlight its potential. The growing local employment and family-oriented community further support consistent cash flow opportunities.
8.2%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
In Wamego, KS, properties under $500k typically include single-family homes and small multifamily units suited for rental investment and owner-occupants alike.
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