Real Estate Investment Properties for Sale in Central City, KY

Looking for investment property in Central City, KY with high ROI ?

Explore a variety of short-term homes & houses in Central City, KY. Invest wisely with VRBO & Central City, KY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Central City, KY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
230 Waterworks Road Central City, KY INTRODUCING 230 WATERWORKS ROAD CENTRAL CITY, KENTUCKY. NEWLY RENNOVATED! We are honored t...	3 beds \| 3 baths \| 1,400 sq.ft.	$344,900	Airbnb cash on cash: 5.64% Traditional cash on cash: 5.75% Airbnb Rental Income: $3252 Traditional Rental Income: $2555 Airbnb ROI: 5.64% Traditional ROI: 5.75%
230 West 2nd Avenue Central City, KY HOME WORKSHOPS. HOME/BUSINESS COMPLEX. $399,000 Live in a 3 Bedroom 2-Full/2-Half bath boa...	3 beds \| 4 baths \| 2,400 sq.ft.	$389,000	Airbnb cash on cash: 4.8% Traditional cash on cash: 6.63% Airbnb Rental Income: $3252 Traditional Rental Income: $3188 Airbnb ROI: 4.8% Traditional ROI: 6.63%
13353 US HWY 431 NORTH Central City, KY Charming 3 bedrooms, 1 bath home, located on a piece of Paradise. Numerous recent improvem...	3 beds \| 1 baths \| 1,848 sq.ft.	$299,900	Airbnb cash on cash: 6.75% Traditional cash on cash: 6.35% Airbnb Rental Income: $3252 Traditional Rental Income: $2410 Airbnb ROI: 6.75% Traditional ROI: 6.35%
115 Green Valley Drive Central City, KY Welcome to 115 Green Valley Drive! This well-maintained brick home in Central City featu...	3 beds \| 2 baths \| 2,036 sq.ft.	$235,000	Airbnb cash on cash: 9.08% Traditional cash on cash: 8.92% Airbnb Rental Income: $3252 Traditional Rental Income: $2487 Airbnb ROI: 9.08% Traditional ROI: 8.92%
921 State Highway 602 Central City, KY Charming 1-1/2 story home. It offers 4-bedrooms, 1-1/2 bathrooms, located 1 mile from down...	4 beds \| 2 baths \| 1,405 sq.ft.	$182,400	Airbnb cash on cash: N/A Traditional cash on cash: 9.92% Airbnb Rental Income: $null Traditional Rental Income: $2136 Airbnb ROI: N/A Traditional ROI: 9.92%
1301 State Highway 2590 Central City, KY Great log home on 4.9 +/- acres! Main living area has 1/4 log walls. Large sunroom on the ...	4 beds \| 2 baths \| 2,231 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $2559 Airbnb ROI: N/A Traditional ROI: 6.87%
313 N 5TH ST Central City, KY Welcome to this recently renovated single-wide home located in the heart of Central City. ...	4 beds \| 1 baths \| 800 sq.ft.	$119,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.98% Airbnb Rental Income: $null Traditional Rental Income: $1692 Airbnb ROI: N/A Traditional ROI: 11.98%

Real Estate investment in Central-city, KY

There are 9 properties for sale in the city of Central City . The median list price in Central City is $224,250 and the average price per square foot is $108. In January 2025, the average monthly cash on cash return in Central City is 9.00%. The average monthly rental income in Central City is $2,478.

Central-city, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 9 investment properties available for sale in Central-city.

In 2025, the best neighborhood to buy investment property is Central City.

The ROI for Long-Term is higher than the Short-Term in Central-city with average rental income of $2,478.

Your search for investment property begins and ends here

Investment Property for Sale in Central City, KY

230 Waterworks Road

Central City, KY

3 beds | 3 baths | 1,400 sq.ft.

$344,900

Airbnb cash on cash: 5.64%

Traditional cash on cash: 5.75%

Airbnb Rental Income: $3252

Traditional Rental Income: $2555

Airbnb ROI: 5.64%

Traditional ROI: 5.75%

230 West 2nd Avenue

Central City, KY

3 beds | 4 baths | 2,400 sq.ft.

$389,000

Airbnb cash on cash: 4.8%

Traditional cash on cash: 6.63%

Airbnb Rental Income: $3252

Traditional Rental Income: $3188

Airbnb ROI: 4.8%

Traditional ROI: 6.63%

13353 US HWY 431 NORTH

Central City, KY

3 beds | 1 baths | 1,848 sq.ft.

$299,900

Airbnb cash on cash: 6.75%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $3252

Traditional Rental Income: $2410

Airbnb ROI: 6.75%

Traditional ROI: 6.35%

115 Green Valley Drive

Central City, KY

3 beds | 2 baths | 2,036 sq.ft.

$235,000

Airbnb cash on cash: 9.08%

Traditional cash on cash: 8.92%

Airbnb Rental Income: $3252

Traditional Rental Income: $2487

Airbnb ROI: 9.08%

Traditional ROI: 8.92%

921 State Highway 602

Central City, KY

4 beds | 2 baths | 1,405 sq.ft.

$182,400

Airbnb cash on cash: N/A

Traditional cash on cash: 9.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2136

Airbnb ROI: N/A

Traditional ROI: 9.92%

1301 State Highway 2590

Central City, KY

4 beds | 2 baths | 2,231 sq.ft.

$315,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.87%

Airbnb Rental Income: $null

Traditional Rental Income: $2559

Airbnb ROI: N/A

Traditional ROI: 6.87%

313 N 5TH ST

Central City, KY

4 beds | 1 baths | 800 sq.ft.

$119,900

Airbnb cash on cash: N/A

Traditional cash on cash: 11.98%

Airbnb Rental Income: $null

Traditional Rental Income: $1692

Airbnb ROI: N/A

Traditional ROI: 11.98%

Real Estate investment in Central-city, KY

Central-city, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

How many investment properties are available for sale in Central-city?

Which neighborhoods in Central-city to invest in 2025?

Long-Term vs. Short-Term Rentals in Central-city, Kentucky: Which will earn the best returns?

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