Real Estate Investments for Sale in Frankfort, KY With High ROI

Are you looking for a vacation rental in Frankfort, KY? Look no further! We have a wide variety of vacation available for sale, including beachfront condos, mountain single-family homes, townhouses, vacation homes and everything in between.

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
112 Ashland Drive Frankfort, KY Freshly remodeled three bedroom, one bath ranch home on west side of Frankfort close to pa...	3 beds \| 1 baths \| 1,431 sq.ft.	$214,900	Airbnb cash on cash: 9.32% Traditional cash on cash: 4.67% Airbnb Rental Income: $2945 Traditional Rental Income: $1318 Airbnb ROI: 9.32% Traditional ROI: 4.67%
161 Blueridge Drive Frankfort, KY So much house for the money. The main level of this home features an expansive living area...	5 beds \| 3 baths \| 2,800 sq.ft.	$369,900	Airbnb cash on cash: 9.88% Traditional cash on cash: 5.32% Airbnb Rental Income: $5225 Traditional Rental Income: $2584 Airbnb ROI: 9.88% Traditional ROI: 5.32%
347 Senate Drive Frankfort, KY Back on the market. No fault of the seller. If this property had a middle name, it would b...	3 beds \| 2 baths \| 1,189 sq.ft.	$205,000	Airbnb cash on cash: 9.32% Traditional cash on cash: 4.68% Airbnb Rental Income: $2945 Traditional Rental Income: $1363 Airbnb ROI: 9.32% Traditional ROI: 4.68%
614 Polsgrove Street Frankfort, KY Welcome to 614 Polsgrove St, a 2 bed 1 bath home newly built in 2019, located just minutes...	2 beds \| 1 baths \| 896 sq.ft.	$145,000	Airbnb cash on cash: 9.46% Traditional cash on cash: 5.06% Airbnb Rental Income: $2223 Traditional Rental Income: $1053 Airbnb ROI: 9.46% Traditional ROI: 5.06%
253 Queensway Drive Frankfort, KY Attention first time home buyers and investors! This darling home is ready for its new own...	3 beds \| 1 baths \| 1,128 sq.ft.	$215,000	Airbnb cash on cash: 8.81% Traditional cash on cash: 3.43% Airbnb Rental Income: $2945 Traditional Rental Income: $1170 Airbnb ROI: 8.81% Traditional ROI: 3.43%
317 Old Station Road Frankfort, KY Proposed Construction. Step Inside This Beautiful Home Known As The Ashwood Built By The A...	3 beds \| 2 baths \| 1,830 sq.ft.	$388,080	Airbnb cash on cash: 4.08% Traditional cash on cash: 2.17% Airbnb Rental Income: $2945 Traditional Rental Income: $1572 Airbnb ROI: 4.08% Traditional ROI: 2.17%
208 Forest Ridge Drive Frankfort, KY This attractive split foyer home in the Maples subdivision boasts 3 bedrooms, 3 full baths...	3 beds \| 3 baths \| 1,806 sq.ft.	$289,000	Airbnb cash on cash: 6.36% Traditional cash on cash: 4.06% Airbnb Rental Income: $2945 Traditional Rental Income: $1641 Airbnb ROI: 6.36% Traditional ROI: 4.06%
409 Old Station Road Frankfort, KY The Beautiful Ashwood Plan In Augusta! This Home Is A Must-Have Home - A Stunning 3 Bedro...	3 beds \| 2 baths \| 1,830 sq.ft.	$403,925	Airbnb cash on cash: 3.85% Traditional cash on cash: 2.43% Airbnb Rental Income: $2945 Traditional Rental Income: $1727 Airbnb ROI: 3.85% Traditional ROI: 2.43%
611 Cypress Drive Frankfort, KY Open floor plan for sale in The Willows! Convenient to all of Franklin and I65, this 3 bed...	3 beds \| 2 baths \| 1,286 sq.ft.	$234,900	Airbnb cash on cash: 8.73% Traditional cash on cash: 7.04% Airbnb Rental Income: $2945 Traditional Rental Income: $1889 Airbnb ROI: 8.73% Traditional ROI: 7.04%
309 Old Station Road Frankfort, KY Proposed Construction - This Beautiful Home Also Known As The Azalea Is Built By The Award...	4 beds \| 3 baths \| 2,404 sq.ft.	$427,570	Airbnb cash on cash: 7.72% Traditional cash on cash: 2.45% Airbnb Rental Income: $4957 Traditional Rental Income: $1832 Airbnb ROI: 7.72% Traditional ROI: 2.45%
305 Old Station Road Frankfort, KY Proposed Construction - This Beautiful Home Known As The Ashwood Built By The Award Winnin...	3 beds \| 2 baths \| 1,830 sq.ft.	$395,230	Airbnb cash on cash: 3.97% Traditional cash on cash: 2.09% Airbnb Rental Income: $2945 Traditional Rental Income: $1569 Airbnb ROI: 3.97% Traditional ROI: 2.09%
708 Cline Street Frankfort, KY Open concept 3 bedroom 2 bath home, features an open concept floor plan with a first floor...	3 beds \| 2 baths \| 1,655 sq.ft.	$230,000	Airbnb cash on cash: 8.51% Traditional cash on cash: 4.76% Airbnb Rental Income: $2945 Traditional Rental Income: $1450 Airbnb ROI: 8.51% Traditional ROI: 4.76%
313 Old Station Road Frankfort, KY Proposed Construction- Beautiful Home Plan Known As The Ashwood Built By Award Winning Bui...	3 beds \| 2 baths \| 1,830 sq.ft.	$396,895	Airbnb cash on cash: 3.95% Traditional cash on cash: 2.35% Airbnb Rental Income: $2945 Traditional Rental Income: $1670 Airbnb ROI: 3.95% Traditional ROI: 2.35%
301 Old Station Road Frankfort, KY	3 beds \| 2 baths \| 1,710 sq.ft.	$311,010	Airbnb cash on cash: 5.52% Traditional cash on cash: 3.44% Airbnb Rental Income: $2945 Traditional Rental Income: $1657 Airbnb ROI: 5.52% Traditional ROI: 3.44%
401 South Benson Road Frankfort, KY You must not miss your chance to own this new construction home made by the amazing Turner...	3 beds \| 3 baths \| 2,479 sq.ft.	$538,481	Airbnb cash on cash: 2.46% Traditional cash on cash: 1.71% Airbnb Rental Income: $2945 Traditional Rental Income: $1889 Airbnb ROI: 2.46% Traditional ROI: 1.71%
400 Logan Street Frankfort, KY Discover the charm of this welcoming home in Frankfort, just steps from the Kentucky State...	2 beds \| 2 baths \| 1,472 sq.ft.	$169,900	Airbnb cash on cash: 7.84% Traditional cash on cash: 5.2% Airbnb Rental Income: $2223 Traditional Rental Income: $1236 Airbnb ROI: 7.84% Traditional ROI: 5.2%
2021 Berry Hill Drive Frankfort, KY Spacious 2 yr old home. Home is handicapped accessible NO STEPS,. Large MBR with sittin...	3 beds \| 2 baths \| 1,882 sq.ft.	$344,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.9% Airbnb Rental Income: $null Traditional Rental Income: $1634 Airbnb ROI: N/A Traditional ROI: 2.9%
115 Lee Court Frankfort, KY Simply put: this is an adorable Frankfort home! From the front, you will instantly notice ...	3 beds \| 1 baths \| 1,126 sq.ft.	$210,000	Airbnb cash on cash: 9.06% Traditional cash on cash: 4.14% Airbnb Rental Income: $2945 Traditional Rental Income: $1287 Airbnb ROI: 9.06% Traditional ROI: 4.14%
118 Cedar Ridge Road Frankfort, KY Welcome to your new home just in time for the great weather of spring! Your family will lo...	4 beds \| 3 baths \| 3,029 sq.ft.	$354,900	Airbnb cash on cash: 9.7% Traditional cash on cash: 2.91% Airbnb Rental Income: $4957 Traditional Rental Income: $1681 Airbnb ROI: 9.7% Traditional ROI: 2.91%
225 Old Station Road Frankfort, KY Proposed Construction! Step Inside This Beautiful All Brick Ranch Plan Also Known As The P...	3 beds \| 2 baths \| 1,600 sq.ft.	$349,460	Airbnb cash on cash: 4.72% Traditional cash on cash: 2.5% Airbnb Rental Income: $2945 Traditional Rental Income: $1536 Airbnb ROI: 4.72% Traditional ROI: 2.5%
112 Leonardwood Drive #104 Frankfort, KY Great location to own a maintenance-free 2 BR, 1 full BA, 2 half bath, 2-story townhouse c...	2 beds \| 3 baths \| 1,368 sq.ft.	$179,900	Airbnb cash on cash: 7.32% Traditional cash on cash: 4.84% Airbnb Rental Income: $2223 Traditional Rental Income: $1239 Airbnb ROI: 7.32% Traditional ROI: 4.84%
213 Old Station Road Frankfort, KY Happy To Offer This Immaculate New Home Built By Award Winning Haddix Construction. This P...	4 beds \| 3 baths \| 2,082 sq.ft.	$405,585	Airbnb cash on cash: 8.23% Traditional cash on cash: 2.81% Airbnb Rental Income: $4957 Traditional Rental Income: $1880 Airbnb ROI: 8.23% Traditional ROI: 2.81%
104 BAYBERRY Lane Frankfort, KY WOW!! JUST LISTED! Are you looking for a home that is almost Brand NEW but don't want to w...	3 beds \| 2 baths \| 1,269 sq.ft.	$289,900	Airbnb cash on cash: 6.1% Traditional cash on cash: 3.32% Airbnb Rental Income: $2945 Traditional Rental Income: $1507 Airbnb ROI: 6.1% Traditional ROI: 3.32%
112 Leonardwood Drive #402 Frankfort, KY Great opportunity to own a maintenance-free 2 BR, 2 full BA condo at Wellington Place on t...	2 beds \| 2 baths \| 1,132 sq.ft.	$176,000	Airbnb cash on cash: 5.33% Traditional cash on cash: 2.16% Airbnb Rental Income: $2223 Traditional Rental Income: $1132 Airbnb ROI: 5.33% Traditional ROI: 2.16%
2002 Berry Hill Drive Frankfort, KY STAND ALONE .......THIS LOT HAS IT ALL! AND ONE OF THE VERY LAST STAND-ALONE LOTS IN THIS...	3 beds \| 2 baths \| 1,646 sq.ft.	$368,480	Airbnb cash on cash: N/A Traditional cash on cash: 1.7% Airbnb Rental Income: $null Traditional Rental Income: $1321 Airbnb ROI: N/A Traditional ROI: 1.7%
107 Quachita Trail Frankfort, KY This property is a charming all-brick home featuring three bedrooms and two baths. New roo...	3 beds \| 2 baths \| 1,568 sq.ft.	$216,900	Airbnb cash on cash: 9.52% Traditional cash on cash: 5.5% Airbnb Rental Income: $2945 Traditional Rental Income: $1439 Airbnb ROI: 9.52% Traditional ROI: 5.5%
104 STONE RIDGE Drive Frankfort, KY HOME FOR THE HOLIDAYS!!! This Better Than New 3 Bedroom 2 Bath Ranch Home Has It All. Up...	3 beds \| 2 baths \| 1,506 sq.ft.	$299,900	Airbnb cash on cash: 5.84% Traditional cash on cash: 2.48% Airbnb Rental Income: $2945 Traditional Rental Income: $1317 Airbnb ROI: 5.84% Traditional ROI: 2.48%
316 Logan Street Frankfort, KY Look no further than this beautifully, remodeled home located in the Historic District of ...	3 beds \| 2 baths \| 1,755 sq.ft.	$199,000	Airbnb cash on cash: 9.65% Traditional cash on cash: 4.84% Airbnb Rental Income: $2945 Traditional Rental Income: $1357 Airbnb ROI: 9.65% Traditional ROI: 4.84%
124 White Pine Court Frankfort, KY SPRING SPECIAL - BUILDER TO PAY $5,000 TOWARDS CLOSING COSTS OR RATE BUYDOWN! TO BE COMPLE...	3 beds \| 3 baths \| 2,017 sq.ft.	$416,993	Airbnb cash on cash: 3.62% Traditional cash on cash: 2.3% Airbnb Rental Income: $2945 Traditional Rental Income: $1750 Airbnb ROI: 3.62% Traditional ROI: 2.3%
409 West Fourth Street Frankfort, KY Completely Remodeled Historic Home located in the heart of Downtown Frankfort. Amazing loc...	3 beds \| 3 baths \| 2,500 sq.ft.	$339,000	Airbnb cash on cash: 4.97% Traditional cash on cash: 3.53% Airbnb Rental Income: $2945 Traditional Rental Income: $1808 Airbnb ROI: 4.97% Traditional ROI: 3.53%
139 Adams Ln Frankfort, KY This beautiful, spacious ranch home is waiting for you to make it yours! You will love the...	3 beds \| 2 baths \| 1,920 sq.ft.	$255,000	Airbnb cash on cash: 7.17% Traditional cash on cash: 4.55% Airbnb Rental Income: $2945 Traditional Rental Income: $1634 Airbnb ROI: 7.17% Traditional ROI: 4.55%
1128 Hickory Lane Frankfort, KY Charming Residence in Desirable Huntington Woods Step into spacious elegance with this exp...	4 beds \| 4 baths \| 2,884 sq.ft.	$399,900	Airbnb cash on cash: 8.72% Traditional cash on cash: 3.18% Airbnb Rental Income: $4957 Traditional Rental Income: $1865 Airbnb ROI: 8.72% Traditional ROI: 3.18%
1929 Mt Zion Road Frankfort, KY Beautiful, quiet setting with 14 acres on Mt. Zion Rd! Only 7.5 Miles from Frankfort, clos...	3 beds \| 2 baths \| 1,440 sq.ft.	$495,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 1.87% Airbnb Rental Income: $2945 Traditional Rental Income: $1424 Airbnb ROI: 3.69% Traditional ROI: 1.87%
509 Hiawatha Trail Frankfort, KY Welcome to 509 Hiawatha Trail located in Indian Hills Subdivision! This updated 3 bedroom ...	3 beds \| 2 baths \| 1,782 sq.ft.	$259,900	Airbnb cash on cash: 7% Traditional cash on cash: 3.38% Airbnb Rental Income: $2945 Traditional Rental Income: $1377 Airbnb ROI: 7% Traditional ROI: 3.38%
527 Steele Street Frankfort, KY A remarkable 2 story home in South Frankfort (business district), remodeled with a potenti...	3 beds \| 3 baths \| 2,800 sq.ft.	$285,500	Airbnb cash on cash: 6.22% Traditional cash on cash: 4.39% Airbnb Rental Income: $2945 Traditional Rental Income: $1772 Airbnb ROI: 6.22% Traditional ROI: 4.39%
117 Rabbit Ridge Lane Frankfort, KY	3 beds \| 2 baths \| 2,364 sq.ft.	$275,000	Airbnb cash on cash: 6.74% Traditional cash on cash: 4.84% Airbnb Rental Income: $2945 Traditional Rental Income: $1772 Airbnb ROI: 6.74% Traditional ROI: 4.84%
1036 Silver Lake Boulevard Frankfort, KY This Silver Lake home is well maintained, 4 Bedroom, split bedroom plan, that has 3 full B...	4 beds \| 3 baths \| 3,598 sq.ft.	$425,000	Airbnb cash on cash: 7.81% Traditional cash on cash: 2.44% Airbnb Rental Income: $4957 Traditional Rental Income: $1801 Airbnb ROI: 7.81% Traditional ROI: 2.44%
180 Harvest Moon Ct #221A Frankfort, KY New Construction by Fischer Homes in the beautiful Sanctuary at Mallard Creek community wi...	1 beds \| 2 baths \| 1,243 sq.ft.	$254,490	Airbnb cash on cash: 2.65% Traditional cash on cash: 4.62% Airbnb Rental Income: $1889 Traditional Rental Income: $1858 Airbnb ROI: 2.65% Traditional ROI: 4.62%
200 Ashland Drive Frankfort, KY Check out this very well-maintained large ranch on large level lot in highly desired Junip...	3 beds \| 2 baths \| 2,253 sq.ft.	$255,000	Airbnb cash on cash: 7.17% Traditional cash on cash: 4.63% Airbnb Rental Income: $2945 Traditional Rental Income: $1655 Airbnb ROI: 7.17% Traditional ROI: 4.63%
2037 Berry Hill Drive Frankfort, KY Under Construction Completion date approx March 2024. Three bedroom 2 bath Hampton model c...	3 beds \| 2 baths \| 2,022 sq.ft.	$381,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 1.45% Airbnb Rental Income: $2945 Traditional Rental Income: $1695 Airbnb ROI: 3.04% Traditional ROI: 1.45%

Real Estate investment in Frankfort, KY

There are 121 properties for sale in the city of Frankfort . The median list price in Frankfort is $269,900 and the average price per square foot is $139. In April 2024, the average monthly cash on cash return in Frankfort is 4.00%. The average monthly rental income in Frankfort is $1,541.

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

There are 121 investment properties available for sale in Frankfort.

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

The ROI for Short-Term is higher than the Long-Term in Frankfort with average rental income of $2,945.

Your search for investment property begins and ends here

Investment Property for Sale in Frankfort, KY

112 Ashland Drive

Frankfort, KY

3 beds | 1 baths | 1,431 sq.ft.

$214,900

Airbnb cash on cash: 9.32%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $2945

Traditional Rental Income: $1318

Airbnb ROI: 9.32%

Traditional ROI: 4.67%

161 Blueridge Drive

Frankfort, KY

5 beds | 3 baths | 2,800 sq.ft.

$369,900

Airbnb cash on cash: 9.88%

Traditional cash on cash: 5.32%

Airbnb Rental Income: $5225

Traditional Rental Income: $2584

Airbnb ROI: 9.88%

Traditional ROI: 5.32%

347 Senate Drive

Frankfort, KY

3 beds | 2 baths | 1,189 sq.ft.

$205,000

Airbnb cash on cash: 9.32%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $2945

Traditional Rental Income: $1363

Airbnb ROI: 9.32%

Traditional ROI: 4.68%

614 Polsgrove Street

Frankfort, KY

2 beds | 1 baths | 896 sq.ft.

$145,000

Airbnb cash on cash: 9.46%

Traditional cash on cash: 5.06%

Airbnb Rental Income: $2223

Traditional Rental Income: $1053

Airbnb ROI: 9.46%

Traditional ROI: 5.06%

253 Queensway Drive

Frankfort, KY

3 beds | 1 baths | 1,128 sq.ft.

$215,000

Airbnb cash on cash: 8.81%

Traditional cash on cash: 3.43%

Airbnb Rental Income: $2945

Traditional Rental Income: $1170

Airbnb ROI: 8.81%

Traditional ROI: 3.43%

317 Old Station Road

Frankfort, KY

3 beds | 2 baths | 1,830 sq.ft.

$388,080

Airbnb cash on cash: 4.08%

Traditional cash on cash: 2.17%

Airbnb Rental Income: $2945

Traditional Rental Income: $1572

Airbnb ROI: 4.08%

Traditional ROI: 2.17%

208 Forest Ridge Drive

Frankfort, KY

3 beds | 3 baths | 1,806 sq.ft.

$289,000

Airbnb cash on cash: 6.36%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $2945

Traditional Rental Income: $1641

Airbnb ROI: 6.36%

Traditional ROI: 4.06%

409 Old Station Road

Frankfort, KY

3 beds | 2 baths | 1,830 sq.ft.

$403,925

Airbnb cash on cash: 3.85%

Traditional cash on cash: 2.43%

Airbnb Rental Income: $2945

Traditional Rental Income: $1727

Airbnb ROI: 3.85%