Under $500K Investment Properties for Sale in Wathena, KS
403- 2 Bed
- 1 Bath
- 768 sft
176- 3 Bed
- 1 Bath
- 1240 sft
181- 3 Bed
- 3 Bath
- 1456 sft
183- 2 Bed
- 2 Bath
- 1400 sft
Why Invest in Wathena, Kansas?
Investing in Wathena, KS under $500k offers a unique opportunity to capitalize on affordable real estate with a solid average ROI of 7.2%. This market provides an average rental yield of 9.5%, supported by a cap rate of 6.8% which is attractive for steady income. Average cash flow stands at $450, complemented by reasonable average rents near $750/month. Appreciation rates remain steady at 3.5%, with renter occupancy close to 60%, showing reliable demand from local renters. Local economic factors and housing dynamics make Wathena a compelling choice for value-focused investors.
Frequently Asked Questions
The average rental yield in Wathena for properties under $500k is approximately 9.5%, making it a solid market for rental income.
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