Real Estate Investing in Pleasureville, Kentucky (40057)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Shelby County • Population: 4,275 • Data updated: September 2026

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Should you buy in 40057 (Pleasureville, KY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (59/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 11.2% vacancy may signal weakening demand.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Pleasureville, KY (40057)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $250,322
Avg Monthly Rent $1,197
1% Rule ✗ Does Not Meet
Median Income $61,502
% Renters 23.5%

Market Analysis: 40057 Pleasureville

On the rental side, ZIP 40057 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $250K median. It rewards specialists, not generalists.

Distressed markets are won on execution, not on spreadsheets. ZIP 40057 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Within KY, ZIP 40057 trails on several market indicators that neighboring Shelby County submarkets outperform. The gap is real and sturdy enough to shape underwriting.

The demographic picture in 40057 includes headwinds that any investor should price in. Income distribution skews lower than Pleasureville averages, and tenant stability requires active management.

looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Pleasureville:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Stable (+2.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,197/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 40057

Which property type performs best in this market?

Best for Cash Flow
2BR
5.3% cap rate
Best for Appreciation
3BR
+7.8% 5yr CAGR
Best Overall Value
4BR
$74,035/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $181,042 $1,330 5.3% +6.0% $90,521
3BR $255,098 $1,690 4.8% +7.8% $85,033
4BR $296,141 $1,980 4.8% +7.4% $74,035

Market Trends

Home Value History (with trend line)

$267K$230K$194K$157K$120K$83KApr 2006Jun 2016Jul 2026

📊 How Does 40057 Compare?

Metric 40057 Pleasureville Kentucky
Home Value $250,322 $250,322 $225,788
5-Year CAGR 3.9% 3.9% 6.9%
Avg Rent $1,197 $1,197 -
Cap Rate 3.7% 3.7% -
💡 Why Invest in 40057? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 40057 (Pleasureville, KY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.7%
Low
5yr Growth
+3.9%
Moderate

📊 Market Snapshot

Home Value $250,322
Monthly Rent $1,197
Price-to-Rent 17.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.7%
Cap Rate 3.7%
5-Year IRR 7.6%

📈 Home Appreciation

1-Year +2.4% ▲
3-Year CAGR +2.5% ▲
5-Year CAGR +3.9% ▲
10-Year CAGR +7.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
11.2%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.9%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 40057

Population: 4,275

💰 Median Household Income
$61,502
This area
$61,502
State
$55,541
USA
$74,580
🏠 Renter Occupied
23.5%
This area
23.5%
State
23.6%
USA
34.0%
💼 Unemployment Rate
0.9%
This area
0.9%
State
-16.4%
USA
3.7%
🎓 College Educated
17.0%
This area
17.0%
State
-4.1%
USA
33.7%
👤 Median Age
37.5 years
This area
37.5 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
11.2%
This area
11.2%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 94.9%
Other/Mixed 4.0%
Hispanic/Latino 2.1%
Black/African American 1.1%
👶 Under 18
25.8%
This area
25.8%
USA
22.0%
👴 65 and Over
16.7%
This area
16.7%
USA
17.3%
📊 Poverty Rate
8.3%
This area
8.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 40057

B+ Avg School Grade
1 Schools
13.9:1 Avg Class Size
$14,266 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Eastern Elementary School

📚 K – 05 Elementary
👥
174 Students
👨‍🏫
13.9:1 Class Size
💰
$14,266 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

What are vacancy rates like in Pleasureville, KY?

Pleasureville, KY sees elevated vacancy, which is reasonable relative to the broader KY rental market.

Is it easy to find good tenants in Pleasureville, KY?

The renter base in Pleasureville, KY is reasonable for the $1,197/mo price point. Screening well and pricing to market typically yields even-keeled tenants.

What is the median home value in Pleasureville, KY?

Expect median prices around $250K in Pleasureville, KY. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.

Which investment style suits Pleasureville, KY?

Investors usually favor careful cash-flow rentals with hands-on management in Pleasureville, KY. With home values at $250K and rents near $1,197/mo, other strategies can work but produce stable rather than outsized returns.

Is rental property easy to operate in Pleasureville, KY?

The landlord environment in Pleasureville, KY is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

You know 40057 now. You don’t know where it ranks.

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How 40057 ranks in Louisville/Jefferson County, KY-IN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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