Real Estate Investment Properties for Sale in Lancaster, KY

Looking for investment property in Lancaster, KY with high ROI ?

Explore a variety of short-term homes & houses in Lancaster, KY. Invest wisely with VRBO & Lancaster, 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 Lancaster, KY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
166 Long Branch Drive Lancaster, KY MUST SEE! Don't miss this Immaculate Home that sits on a Beautiful Lot! Features a Living ...	3 beds \| 2 baths \| 2,100 sq.ft.	$359,000	Airbnb cash on cash: 4.17% Traditional cash on cash: 5.69% Airbnb Rental Income: $2597 Traditional Rental Income: $2489 Airbnb ROI: 4.17% Traditional ROI: 5.69%
699 Settlement Drive Lancaster, KY Bring your boat and live the good life! This immaculate ranch home with a basement and a l...	4 beds \| 3 baths \| 3,256 sq.ft.	$585,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 2.4% Airbnb Rental Income: $3127 Traditional Rental Income: $2417 Airbnb ROI: 2.4% Traditional ROI: 2.4%
549 S Homestead Lane Lancaster, KY Imagine owning a serene lakefront home that offers the perfect balance of tranquility and ...	4 beds \| 4 baths \| 4,084 sq.ft.	$590,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 4.88% Airbnb Rental Income: $3127 Traditional Rental Income: $3806 Airbnb ROI: 2.36% Traditional ROI: 4.88%
501 Emma Drive Lancaster, KY Great home located in Northern Garrard County. Tucked away in the quaint litte neighborhoo...	3 beds \| 2 baths \| 1,550 sq.ft.	$299,900	Airbnb cash on cash: 4.81% Traditional cash on cash: 6.02% Airbnb Rental Income: $2597 Traditional Rental Income: $2317 Airbnb ROI: 4.81% Traditional ROI: 6.02%
203 Fuzzy Duck Road Lancaster, KY A charming & affordable 4 bed/2 bath ranch home on 1.15 acre, with views of farms all arou...	4 beds \| 2 baths \| 1,788 sq.ft.	$235,000	Airbnb cash on cash: 8.9% Traditional cash on cash: 9.33% Airbnb Rental Income: $3127 Traditional Rental Income: $2511 Airbnb ROI: 8.9% Traditional ROI: 9.33%
118 Deer Run Lancaster, KY Don't miss your chance to own this charming ranch home in the highly desirable Deer Run ne...	3 beds \| 2 baths \| 1,420 sq.ft.	$250,000	Airbnb cash on cash: 6.12% Traditional cash on cash: 6.9% Airbnb Rental Income: $2597 Traditional Rental Income: $2160 Airbnb ROI: 6.12% Traditional ROI: 6.9%
951 Perry Rogers Road Lancaster, KY Step away from the hustle and noise, and into the country life with this ideal homestead. ...	3 beds \| 2 baths \| 1,914 sq.ft.	$559,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 3.39% Airbnb Rental Income: $2597 Traditional Rental Income: $2501 Airbnb ROI: 2.38% Traditional ROI: 3.39%
201 Fox Ridge Drive Lancaster, KY Stunning, private custom-built ranch home with a finished basement and tons of updgrades. ...	3 beds \| 3 baths \| 2,600 sq.ft.	$549,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 4.25% Airbnb Rental Income: $2597 Traditional Rental Income: $2824 Airbnb ROI: 2.6% Traditional ROI: 4.25%
792 Tuggle Road Lancaster, KY OPEN HOUSE SAT NOV, 9th 12:00-2:00 Don't miss out!! Look at this awesome log cabin!! Gorge...	3 beds \| 2 baths \| 2,722 sq.ft.	$399,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 4.85% Airbnb Rental Income: $2597 Traditional Rental Income: $2441 Airbnb ROI: 3.61% Traditional ROI: 4.85%
208 Maplewood Drive Lancaster, KY Very nice all updated 3 bedroom 2 bath home with new kitchen cabinets, beautiful new floor...	3 beds \| 2 baths \| 2,074 sq.ft.	$329,900	Airbnb cash on cash: 4.22% Traditional cash on cash: 6.07% Airbnb Rental Income: $2597 Traditional Rental Income: $2549 Airbnb ROI: 4.22% Traditional ROI: 6.07%
174 Governors Crossing Lancaster, KY Charming 3-Bedroom Home with Finished Basement in Camp Dick Acres! Welcome to this ...	3 beds \| 3 baths \| 3,210 sq.ft.	$474,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 3.93% Airbnb Rental Income: $2597 Traditional Rental Income: $2664 Airbnb ROI: 2.38% Traditional ROI: 3.93%
575 South Homestead Lane Lancaster, KY Spectacular lake view and no-wake zone! This 2018 Herrington Lake home is move-in-ready. D...	4 beds \| 3 baths \| 3,406 sq.ft.	$799,900	Airbnb cash on cash: 1.26% Traditional cash on cash: 2.08% Airbnb Rental Income: $3127 Traditional Rental Income: $3029 Airbnb ROI: 1.26% Traditional ROI: 2.08%
232 Danville Street Lancaster, KY This home has been totally renovated and has 3 bedrooms and 2 bathrooms. The kitchen has a...	3 beds \| 2 baths \| 1,800 sq.ft.	$275,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 7.37% Airbnb Rental Income: $2597 Traditional Rental Income: $2485 Airbnb ROI: 5.41% Traditional ROI: 7.37%
28 Creek Side Drive Lancaster, KY Welcome to the stunning modern ranch you've been dreaming of! This move-in-ready home offe...	3 beds \| 3 baths \| 2,800 sq.ft.	$518,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 3.79% Airbnb Rental Income: $2597 Traditional Rental Income: $2824 Airbnb ROI: 2.03% Traditional ROI: 3.79%
663 Clark Road Lancaster, KY This stunning all-brick custom ranch sits on 5.65 acres at the end of a quiet cul-de-sac, ...	4 beds \| 3 baths \| 3,680 sq.ft.	$610,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 3.18% Airbnb Rental Income: $3127 Traditional Rental Income: $2957 Airbnb ROI: 2.23% Traditional ROI: 3.18%
10 Cardinal Circle Lancaster, KY Beautiful brick home in wonderful small town! This property features 4 bedrooms, large kit...	4 beds \| 4 baths \| 2,845 sq.ft.	$289,900	Airbnb cash on cash: 6.66% Traditional cash on cash: 7.92% Airbnb Rental Income: $3127 Traditional Rental Income: $2762 Airbnb ROI: 6.66% Traditional ROI: 7.92%
1071 Bryants Camp Road Lancaster, KY Under Contract with 48 hr. kick out clause Located in the heart of the bluegrass on beaut...	3 beds \| 3 baths \| 2,290 sq.ft.	$499,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 4.33% Airbnb Rental Income: $2597 Traditional Rental Income: $2797 Airbnb ROI: 2.57% Traditional ROI: 4.33%
4454 Lexington Road Lancaster, KY SO. MANY. OPPORTUNITIES! I'm sure you've heard the saying ''Location, Location, Locatio...	3 beds \| 2 baths \| 2,176 sq.ft.	$519,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 1.38% Airbnb Rental Income: $2597 Traditional Rental Income: $1664 Airbnb ROI: 2.03% Traditional ROI: 1.38%
187 Stanley Way Lancaster, KY A nature lover's dream! This 3 bedroom, 2 bath home sits on 13 acres of gorgeous wooded la...	3 beds \| 2 baths \| 1,664 sq.ft.	$699,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 1.41% Airbnb Rental Income: $2597 Traditional Rental Income: $2227 Airbnb ROI: 1.03% Traditional ROI: 1.41%
103 Longview Court Lancaster, KY Discover the perfect blend of comfort and convenience in this stunning 4-5 bedroom, 2 full...	5 beds \| 2 baths \| 2,200 sq.ft.	$315,000	Airbnb cash on cash: 5.45% Traditional cash on cash: 6.58% Airbnb Rental Income: $2935 Traditional Rental Income: $2593 Airbnb ROI: 5.45% Traditional ROI: 6.58%
128 Bethany Trace Lancaster, KY Beautiful new construction with finishes not typically found in this price point! Watch fo...	3 beds \| 2 baths \| 1,375 sq.ft.	$299,900	Airbnb cash on cash: 5.64% Traditional cash on cash: 6.05% Airbnb Rental Income: $2597 Traditional Rental Income: $2092 Airbnb ROI: 5.64% Traditional ROI: 6.05%
327 West Maple Avenue Lancaster, KY This 3 bedroom and 1 and a half bath is move in ready and has beautiful, original hardwood...	3 beds \| 2 baths \| 1,668 sq.ft.	$199,900	Airbnb cash on cash: 8.13% Traditional cash on cash: 9.41% Airbnb Rental Income: $2597 Traditional Rental Income: $2219 Airbnb ROI: 8.13% Traditional ROI: 9.41%
755 Hunter Drive Lancaster, KY New Improved Price on this Custom Built Home in Woodlawn Estates...This Brick Ranch is not...	3 beds \| 3 baths \| 2,114 sq.ft.	$799,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 1.66% Airbnb Rental Income: $2597 Traditional Rental Income: $2713 Airbnb ROI: 0.67% Traditional ROI: 1.66%
79 Public Square Lancaster, KY Here is a one of a kind, 3 story brick building with basement in downtown Lancaster that i...	3 beds \| 4 baths \| 3,000 sq.ft.	$489,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 5.09% Airbnb Rental Income: $2597 Traditional Rental Income: $3132 Airbnb ROI: 2.56% Traditional ROI: 5.09%
130 Bethany Trace Lancaster, KY This New Construction Home is currently under construction with a tentative completion dat...	3 beds \| 2 baths \| 1,460 sq.ft.	$309,900	Airbnb cash on cash: 4.6% Traditional cash on cash: 5.17% Airbnb Rental Income: $2597 Traditional Rental Income: $2140 Airbnb ROI: 4.6% Traditional ROI: 5.17%
437 Boones Creek Road Lancaster, KY Custom built all one level Ranch home with 2 car oversized fully insulated garage with ope...	4 beds \| 2 baths \| 1,869 sq.ft.	$409,900	Airbnb cash on cash: 4.19% Traditional cash on cash: 4.22% Airbnb Rental Income: $3127 Traditional Rental Income: $2425 Airbnb ROI: 4.19% Traditional ROI: 4.22%
119 Sunset Avenue Lancaster, KY Motivated Seller! Welcome to this charming, updated brick ranch nestled on a quiet street ...	3 beds \| 1 baths \| 1,068 sq.ft.	$180,000	Airbnb cash on cash: 9.4% Traditional cash on cash: 9.17% Airbnb Rental Income: $2597 Traditional Rental Income: $1937 Airbnb ROI: 9.4% Traditional ROI: 9.17%
441 Colts Run Drive Lancaster, KY Looking for the peacefulness of the country only a short drive from Lexington or Nicholasv...	3 beds \| 2 baths \| 2,405 sq.ft.	$389,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 4.57% Airbnb Rental Income: $2597 Traditional Rental Income: $2437 Airbnb ROI: 3.31% Traditional ROI: 4.57%
216 Danville Street Lancaster, KY Charming and beautifully maintained 3 BR, 2 bath older home that exudes timeless elegance ...	3 beds \| 2 baths \| 2,010 sq.ft.	$279,900	Airbnb cash on cash: 5.8% Traditional cash on cash: 7.83% Airbnb Rental Income: $2597 Traditional Rental Income: $2509 Airbnb ROI: 5.8% Traditional ROI: 7.83%
1672 Sugar Creek Road Lancaster, KY Nestled on a hillside, this spacious ranch-style residence spans 11.5 acres of vibrant gre...	3 beds \| 2 baths \| 1,989 sq.ft.	$429,900	Airbnb cash on cash: 2.82% Traditional cash on cash: 3.52% Airbnb Rental Income: $2597 Traditional Rental Income: $2257 Airbnb ROI: 2.82% Traditional ROI: 3.52%
572 Hunter Drive Lancaster, KY Welcome to this exquisite custom-built home, located in the upscale community of Woodlawn ...	4 beds \| 4 baths \| 5,368 sq.ft.	$1,100,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 2.59% Airbnb Rental Income: $3127 Traditional Rental Income: $3838 Airbnb ROI: 1.2% Traditional ROI: 2.59%
1197 Bryants Camp Road Lancaster, KY First time on the market, this beautiful ranch with picturesque views of Herrington Lake i...	3 beds \| 2 baths \| 2,000 sq.ft.	$374,900	Airbnb cash on cash: 3.5% Traditional cash on cash: 4.91% Airbnb Rental Income: $2597 Traditional Rental Income: $2471 Airbnb ROI: 3.5% Traditional ROI: 4.91%
1810 Kirksville Road Lancaster, KY Log cabin built in the 1700's consisting of 3 bedrooms, formal dining room and 3 fireplace...	3 beds \| 1 baths \| 1,630 sq.ft.	$279,900	Airbnb cash on cash: 5.28% Traditional cash on cash: 5.78% Airbnb Rental Income: $2597 Traditional Rental Income: $2107 Airbnb ROI: 5.28% Traditional ROI: 5.78%
186 Meadow Lark Drive Lancaster, KY Back on the market!!! This stunningly renovated ranch offers the perfect blend of modern c...	4 beds \| 3 baths \| 2,143 sq.ft.	$314,900	Airbnb cash on cash: 5.99% Traditional cash on cash: 7.03% Airbnb Rental Income: $3127 Traditional Rental Income: $2724 Airbnb ROI: 5.99% Traditional ROI: 7.03%
1976 Kennedy Bridge Road Lancaster, KY If you are looking to buy a log home this is a great opportunity. This home has 2 bedrooms...	2 beds \| 2 baths \| 2,056 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $2141 Airbnb ROI: N/A Traditional ROI: 3.75%
472 Hunter Drive Lancaster, KY Amazing Views of the water located in Woodlawn Estates that features a Marina & the Penins...	3 beds \| 3 baths \| 2,422 sq.ft.	$729,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 2.68% Airbnb Rental Income: $2597 Traditional Rental Income: $2809 Airbnb ROI: 1.46% Traditional ROI: 2.68%
102 Dogwood Drive Lancaster, KY MUST SEE this beautiful home featuring 3 bedrooms, 2 full baths, gorgeous hardwood floors,...	3 beds \| 2 baths \| 1,966 sq.ft.	$315,000	Airbnb cash on cash: 4.97% Traditional cash on cash: 6.49% Airbnb Rental Income: $2597 Traditional Rental Income: $2424 Airbnb ROI: 4.97% Traditional ROI: 6.49%
5409 Lexington Road Lancaster, KY Welcome to this charming 11.3-acre farm, offering the perfect blend of country living and ...	4 beds \| 2 baths \| 3,000 sq.ft.	$350,000	Airbnb cash on cash: 5.22% Traditional cash on cash: 6.3% Airbnb Rental Income: $3127 Traditional Rental Income: $2772 Airbnb ROI: 5.22% Traditional ROI: 6.3%
68 Meadow Point Drive Lancaster, KY Indulge in unparalleled luxury with this newly-built 2023 home on Herrington Lake. Nestled...	3 beds \| 4 baths \| 3,986 sq.ft.	$1,100,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 1.88% Airbnb Rental Income: $2597 Traditional Rental Income: $3391 Airbnb ROI: 0.5% Traditional ROI: 1.88%
1830 Hunter Drive Lancaster, KY Large lake front home! Like new, approximately 3023 sq ft finished and 1192 sq ft unfinis...	4 beds \| 4 baths \| 3,023 sq.ft.	$879,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 3.13% Airbnb Rental Income: $3127 Traditional Rental Income: $3479 Airbnb ROI: 1.83% Traditional ROI: 3.13%

Real Estate investment in Lancaster, KY

There are 58 properties for sale in the city of Lancaster . The median list price in Lancaster is $327,450 and the average price per square foot is $145. In November 2024, the average monthly cash on cash return in Lancaster is 6.00%. The average monthly rental income in Lancaster is $2,478.

Lancaster, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 58 investment properties available for sale in Lancaster.

In 2024, the best neighborhood to buy investment property is Lancaster.

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

Your search for investment property begins and ends here

Investment Property for Sale in Lancaster, KY

166 Long Branch Drive

Lancaster, KY

3 beds | 2 baths | 2,100 sq.ft.

$359,000

Airbnb cash on cash: 4.17%

Traditional cash on cash: 5.69%

Airbnb Rental Income: $2597

Traditional Rental Income: $2489

Airbnb ROI: 4.17%

Traditional ROI: 5.69%

699 Settlement Drive

Lancaster, KY

4 beds | 3 baths | 3,256 sq.ft.

$585,000

Airbnb cash on cash: 2.4%

Traditional cash on cash: 2.4%

Airbnb Rental Income: $3127

Traditional Rental Income: $2417

Airbnb ROI: 2.4%

Traditional ROI: 2.4%

549 S Homestead Lane

Lancaster, KY

4 beds | 4 baths | 4,084 sq.ft.

$590,000

Airbnb cash on cash: 2.36%

Traditional cash on cash: 4.88%

Airbnb Rental Income: $3127

Traditional Rental Income: $3806

Airbnb ROI: 2.36%

Traditional ROI: 4.88%

501 Emma Drive

Lancaster, KY

3 beds | 2 baths | 1,550 sq.ft.

$299,900

Airbnb cash on cash: 4.81%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $2597

Traditional Rental Income: $2317

Airbnb ROI: 4.81%

Traditional ROI: 6.02%

203 Fuzzy Duck Road

Lancaster, KY

4 beds | 2 baths | 1,788 sq.ft.

$235,000

Airbnb cash on cash: 8.9%

Traditional cash on cash: 9.33%

Airbnb Rental Income: $3127

Traditional Rental Income: $2511

Airbnb ROI: 8.9%

Traditional ROI: 9.33%

118 Deer Run

Lancaster, KY

3 beds | 2 baths | 1,420 sq.ft.

$250,000

Airbnb cash on cash: 6.12%

Traditional cash on cash: 6.9%

Airbnb Rental Income: $2597

Traditional Rental Income: $2160

Airbnb ROI: 6.12%

Traditional ROI: 6.9%

951 Perry Rogers Road

Lancaster, KY

3 beds | 2 baths | 1,914 sq.ft.

$559,000

Airbnb cash on cash: 2.38%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $2597

Traditional Rental Income: $2501

Airbnb ROI: 2.38%

Traditional ROI: 3.39%

201 Fox Ridge Drive

Lancaster, KY

3 beds | 3 baths | 2,600 sq.ft.

$549,000

Airbnb cash on cash: 2.6%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $2597

Traditional Rental Income: $2824

Airbnb ROI: 2.6%